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 ₹ 4,527 Cr.
- Current Price ₹ 1,665
- High / Low ₹ 1,802 / 1,021
- Stock P/E 224
- Book Value ₹ 184
- Dividend Yield 2.16 %
- ROCE 4.64 %
- ROE 2.28 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 9.04 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 32.2% 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,573 | 1,641 | 1,917 | 2,185 | 2,241 | 2,197 | 1,647 | 2,159 | 2,384 | 1,919 | 2,756 | 2,699 | 2,942 | |
| 1,435 | 1,518 | 1,749 | 1,986 | 2,078 | 2,023 | 1,529 | 2,062 | 2,403 | 1,919 | 2,622 | 2,631 | 2,870 | |
| Operating Profit | 138 | 123 | 168 | 199 | 164 | 174 | 118 | 97 | -18 | -0 | 135 | 67 | 72 |
| OPM % | 9% | 7% | 9% | 9% | 7% | 8% | 7% | 4.5% | -0.8% | -0.0% | 4.9% | 2.5% | 2.5% |
| 7 | 2 | 7 | 7 | 15 | 6 | 15 | 7 | -4 | -18 | 23 | 1 | 5 | |
| Interest | 8 | 10 | 4 | 2 | 3 | 5 | 14 | 9 | 8 | 17 | 6 | 11 | 11 |
| Depreciation | 36 | 46 | 52 | 53 | 44 | 56 | 75 | 72 | 75 | 64 | 70 | 58 | 55 |
| Profit before tax | 101 | 69 | 118 | 151 | 132 | 118 | 43 | 23 | -105 | -99 | 82 | 0 | 11 |
| 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 | 5 | |
| 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 | 1.71 |
| Dividend Payout % | 5% | 8% | 5% | 4% | 5% | -0% | -0% | -0% | -0% | -0% | 69% | -3,694% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 10% |
| 3 Years: | 4% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -14% |
| 3 Years: | 30% |
| TTM: | -50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -5% |
| 3 Years: | 10% |
| 1 Year: | -4% |
| 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 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cooling Products Revenue Share of Total Revenue % |
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Extracted by Screener AI
Documents
Announcements
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Re-Appointment Of Secretarial Auditors
- Q1 FY26 results announced; AGM on 22 September 2026, auditors reappointed.
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
- Q1 FY27 results approved on 6 Aug 2026; AGM set for 22 Sep 2026, auditors reappointed.
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Unaudited Financial Results For The Quarter Ended 30Th June, 2026 Is Attached
- Q1 FY27 revenue rose to Rs 10,955.2 million; profit Rs 227.9 million; AGM on 22 Sep 2026.
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Board Meeting Intimation for Notice Of Board Meeting Of The Company Under Clause 29(1)(A) Of The SEBI (LODR) Regulations, 2015
- Board meeting on 6 August 2026 to consider unaudited Q1 FY2026-27 financial results.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Annual reports
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
from nse
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Annual Report 2013
from bse
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Annual Report 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.