Bosch Home Comfort India Ltd
Johnson Controls-Hitachi Air Conditioning India Ltd is primarily engaged in the business of manufacturing, selling and trading of air conditioners, refrigerators, chillers and VRS systems.[1]
- Market Cap ₹ 3,698 Cr.
- Current Price ₹ 1,360
- High / Low ₹ 1,854 / 1,021
- Stock P/E 284
- Book Value ₹ 184
- Dividend Yield 2.64 %
- ROCE 4.64 %
- ROE 2.28 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.40 times its book value
- The company has delivered a poor sales growth of 10.4% over past five years.
- Company has a low return on equity of 1.41% over last 3 years.
- Promoters have pledged 29.2% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Household Appliances
Part of BSE Consumer Discretionary BSE 1000
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,573 | 1,641 | 1,917 | 2,185 | 2,241 | 2,197 | 1,647 | 2,159 | 2,384 | 1,919 | 2,756 | 2,699 | |
| 1,435 | 1,518 | 1,749 | 1,986 | 2,078 | 2,023 | 1,529 | 2,062 | 2,403 | 1,919 | 2,622 | 2,631 | |
| Operating Profit | 138 | 123 | 168 | 199 | 164 | 174 | 118 | 97 | -18 | -0 | 135 | 67 |
| OPM % | 9% | 7% | 9% | 9% | 7% | 8% | 7% | 4% | -1% | -0% | 5% | 2% |
| 7 | 2 | 7 | 7 | 15 | 6 | 15 | 7 | -4 | -18 | 23 | 1 | |
| Interest | 8 | 10 | 4 | 2 | 3 | 5 | 14 | 9 | 8 | 17 | 6 | 11 |
| Depreciation | 36 | 46 | 52 | 53 | 44 | 56 | 75 | 72 | 75 | 64 | 70 | 58 |
| Profit before tax | 101 | 69 | 118 | 151 | 132 | 118 | 43 | 23 | -105 | -99 | 82 | 0 |
| Tax % | 23% | 27% | 31% | 34% | 35% | 29% | 24% | 29% | -22% | -24% | 28% | 6,725% |
| 78 | 50 | 81 | 100 | 86 | 84 | 33 | 16 | -82 | -76 | 59 | -3 | |
| EPS in Rs | 28.60 | 18.38 | 29.91 | 36.83 | 31.61 | 30.72 | 12.17 | 5.93 | -30.21 | -27.84 | 21.64 | -0.97 |
| Dividend Payout % | 5% | 8% | 5% | 4% | 5% | 0% | 0% | 0% | 0% | 0% | 69% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 10% |
| 3 Years: | 4% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -14% |
| 3 Years: | 30% |
| TTM: | -79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -10% |
| 3 Years: | 8% |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | -1% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 286 | 331 | 413 | 508 | 586 | 661 | 695 | 713 | 632 | 556 | 614 | 473 |
| 140 | 160 | 60 | 13 | 190 | 187 | 89 | 112 | 193 | 48 | 42 | 82 | |
| 626 | 591 | 621 | 708 | 736 | 709 | 832 | 942 | 936 | 1,026 | 1,116 | 1,333 | |
| Total Liabilities | 1,078 | 1,110 | 1,121 | 1,256 | 1,539 | 1,584 | 1,643 | 1,794 | 1,789 | 1,657 | 1,799 | 1,915 |
| 243 | 265 | 257 | 244 | 232 | 401 | 428 | 391 | 382 | 349 | 334 | 314 | |
| CWIP | 3 | 1 | 4 | 2 | 94 | 6 | 9 | 9 | 12 | 32 | 9 | 69 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 833 | 843 | 859 | 1,010 | 1,213 | 1,177 | 1,205 | 1,394 | 1,395 | 1,276 | 1,457 | 1,533 | |
| Total Assets | 1,078 | 1,110 | 1,121 | 1,256 | 1,539 | 1,584 | 1,643 | 1,794 | 1,789 | 1,657 | 1,799 | 1,915 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55 | 62 | 172 | 97 | -81 | 140 | 321 | -55 | -31 | 254 | 83 | 113 | |
| -51 | -69 | -41 | -32 | -95 | -107 | -26 | -46 | -43 | -32 | -0 | -95 | |
| 0 | 6 | -110 | -53 | 170 | -45 | -191 | 9 | 65 | -172 | -18 | -101 | |
| Net Cash Flow | 4 | -2 | 20 | 12 | -6 | -12 | 104 | -92 | -8 | 50 | 66 | -82 |
| Free Cash Flow | -22 | -8 | 128 | 62 | -183 | 28 | 294 | -102 | -77 | 221 | 68 | 16 |
| CFO/OP | 55% | 71% | 125% | 73% | -18% | 108% | 275% | -45% | 146% | -86,603% | 58% | 177% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 62 | 54 | 69 | 73 | 42 | 59 | 70 | 49 | 72 | 56 | 65 |
| Inventory Days | 186 | 178 | 138 | 116 | 140 | 190 | 249 | 199 | 177 | 178 | 146 | 166 |
| Days Payable | 190 | 149 | 133 | 130 | 137 | 144 | 224 | 175 | 143 | 214 | 159 | 212 |
| Cash Conversion Cycle | 63 | 92 | 59 | 55 | 77 | 89 | 83 | 94 | 83 | 36 | 42 | 19 |
| Working Capital Days | 23 | 20 | 29 | 43 | 43 | 49 | 53 | 60 | 40 | 18 | 21 | 7 |
| ROCE % | 27% | 16% | 24% | 29% | 20% | 15% | 6% | 4% | -10% | -7% | 14% | 5% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Sales Points Count |
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| Export Contribution to Total Turnover % |
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| Installed Capacity - Room Air Conditioners (RAC) Units per annum |
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| Market Share - Indian AC Industry (Volume) % |
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| Active Dealers/Distributors Count |
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| Trade Receivables Turnover Ratio Ratio |
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| Installed Capacity - Ductable Units Units per annum |
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Extracted by Screener AI
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
8h - Postal ballot for appointing Marcel Heese, Rishi Mehta as directors and reappointing Sanjay Sudhakaran; voting May 21-June 19, 2026.
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Announcement under Regulation 30 (LODR)-Change in Directorate
10h - Board approved FY26 audited results; appointed Marcel Heese director and chairperson, reappointed Sanjay Sudhakaran as MD.
- Financial Results For The Year Ended 31St March, 2026 Is Attached. 11h
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Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 19Th May, 2026 For Approving Audited Financial Results For The Quarter Ended 31St March, 2026.
13 Apr - Board meeting on 19 May 2026 to consider audited financial results for year ended 31 March 2026.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
3 Apr - Company not a SEBI 'Large Entity'; no fund-raising compliance for FY2026-27.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Product Portfolio:[1]
The company manufactures a wide range of products, from Room Air Conditioners such as Split and Window Air Conditioners to Commercial Air Conditioners, including VRF Systems, Ductable Air Conditioners, and Telecom Air Conditioners.