Bosch Ltd
Bosch Ltd has presence across automotive technology, industrial technology, consumer goods and energy and building technology. It manufactures and trades in products such as diesel and gasoline fuel injection systems, automotive aftermarket products, industrial equipment, electrical power tools, security systems and industrial and consumer energy products and solutions.[1]
- Market Cap ₹ 85,384 Cr.
- Current Price ₹ 28,950
- High / Low ₹ 31,400 / 17,925
- Stock P/E 50.7
- Book Value ₹ 3,929
- Dividend Yield 1.64 %
- ROCE 17.4 %
- ROE 13.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 73.5%
Cons
- Stock is trading at 7.38 times its book value
- The company has delivered a poor sales growth of 5.01% over past five years.
- Company has a low return on equity of 11.8% over last 3 years.
- Earnings include an other income of Rs.1,476 Cr.
* 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
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8,166 | 8,659 | 8,757 | 12,086 | 9,701 | 10,435 | 11,690 | 12,085 | 9,842 | 9,718 | 11,782 | 14,929 | 16,557 | |
6,654 | 7,310 | 7,468 | 10,104 | 7,823 | 8,473 | 9,597 | 9,931 | 8,358 | 8,555 | 10,319 | 13,120 | 14,497 | |
Operating Profit | 1,512 | 1,350 | 1,289 | 1,981 | 1,878 | 1,963 | 2,093 | 2,154 | 1,483 | 1,163 | 1,462 | 1,810 | 2,060 |
OPM % | 19% | 16% | 15% | 16% | 19% | 19% | 18% | 18% | 15% | 12% | 12% | 12% | 12% |
320 | 369 | 353 | 537 | 623 | 912 | 418 | 600 | -105 | -241 | 391 | 471 | 1,476 | |
Interest | 0 | 6 | 0 | 14 | 13 | 27 | 3 | 13 | 10 | 14 | 29 | 12 | 51 |
Depreciation | 258 | 367 | 384 | 548 | 386 | 456 | 467 | 402 | 383 | 341 | 324 | 386 | 431 |
Profit before tax | 1,574 | 1,346 | 1,257 | 1,956 | 2,102 | 2,391 | 2,041 | 2,339 | 985 | 567 | 1,500 | 1,882 | 3,053 |
Tax % | 29% | 29% | 30% | 32% | 27% | 27% | 33% | 32% | 34% | 15% | 19% | 24% | |
1,123 | 958 | 885 | 1,338 | 1,531 | 1,741 | 1,371 | 1,598 | 650 | 482 | 1,217 | 1,424 | 2,325 | |
EPS in Rs | 357.56 | 305.20 | 281.76 | 426.03 | 487.72 | 570.47 | 449.14 | 541.81 | 220.32 | 163.59 | 412.70 | 482.99 | 788.30 |
Dividend Payout % | 38% | 20% | 20% | 20% | 17% | 29% | 22% | 19% | 48% | 70% | 51% | 99% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 15% |
TTM: | 17% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 0% |
3 Years: | 9% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | 29% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 31 | 31 | 31 | 31 | 31 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
Reserves | 4,697 | 5,542 | 6,263 | 7,316 | 9,504 | 8,769 | 9,951 | 9,097 | 9,240 | 9,793 | 10,658 | 10,983 | 11,559 |
307 | 230 | 183 | 111 | 50 | 0 | 0 | 0 | 74 | 54 | 73 | 53 | 46 | |
2,096 | 2,098 | 2,414 | 2,973 | 2,848 | 3,000 | 3,946 | 3,583 | 3,977 | 4,898 | 4,650 | 5,194 | 4,883 | |
Total Liabilities | 7,131 | 7,902 | 8,891 | 10,431 | 12,433 | 11,800 | 13,927 | 12,710 | 13,320 | 14,774 | 15,410 | 16,259 | 16,518 |
592 | 863 | 938 | 968 | 1,149 | 1,514 | 1,318 | 1,176 | 1,342 | 1,241 | 1,211 | 1,731 | 1,800 | |
CWIP | 321 | 408 | 440 | 276 | 151 | 129 | 313 | 644 | 487 | 488 | 606 | 366 | 204 |
Investments | 1,635 | 1,529 | 2,202 | 2,890 | 4,628 | 3,927 | 5,240 | 4,054 | 4,042 | 5,157 | 5,528 | 5,023 | 5,047 |
4,584 | 5,102 | 5,311 | 6,298 | 6,505 | 6,231 | 7,056 | 6,836 | 7,450 | 7,888 | 8,066 | 9,140 | 9,466 | |
Total Assets | 7,131 | 7,902 | 8,891 | 10,431 | 12,433 | 11,800 | 13,927 | 12,710 | 13,320 | 14,774 | 15,410 | 16,259 | 16,518 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
445 | 871 | 1,057 | 1,396 | 1,318 | 1,457 | 1,729 | 593 | 1,336 | 835 | 271 | 1,214 | |
197 | -824 | -846 | -1,183 | -995 | 1,246 | -1,170 | 1,766 | -873 | -463 | -33 | 262 | |
-426 | -156 | -238 | -237 | -356 | -2,670 | -325 | -2,531 | -399 | -338 | -383 | -1,239 | |
Net Cash Flow | 216 | -108 | -27 | -24 | -33 | 33 | 234 | -172 | 64 | 34 | -146 | 236 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2011 | Dec 2012 | Dec 2013 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 43 | 44 | 36 | 50 | 41 | 50 | 47 | 52 | 52 | 48 | 47 |
Inventory Days | 97 | 84 | 92 | 72 | 87 | 81 | 71 | 79 | 77 | 82 | 86 | 73 |
Days Payable | 85 | 71 | 80 | 68 | 96 | 92 | 117 | 86 | 110 | 140 | 112 | 105 |
Cash Conversion Cycle | 53 | 56 | 56 | 40 | 41 | 31 | 4 | 40 | 19 | -6 | 22 | 15 |
Working Capital Days | 50 | 52 | 46 | 37 | 57 | 45 | 31 | 52 | 30 | 4 | 28 | 26 |
ROCE % | 32% | 23% | 19% | 26% | 22% | 26% | 23% | 25% | 18% | 14% | 15% | 17% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19h
- Submission Of Certificate Pursuant To Regulation 40(9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 17 Apr
- Reg.7 (3) Compliance Certificate For The Year Ended March 31, 2024 10 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Reg. 74(5) of SEBI (DP) Regulations - Bosch April 2024
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
Concalls
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
May 2021TranscriptPPT
-
Apr 2021Transcript PPT
-
Dec 2020Transcript PPT
-
Aug 2020TranscriptPPT
-
Jul 2020TranscriptNotesPPT
-
May 2020TranscriptPPT
-
Mar 2020TranscriptPPT
-
Nov 2019TranscriptPPT
-
Aug 2019Transcript PPT
-
May 2019TranscriptPPT
-
Feb 2019TranscriptPPT
-
Oct 2018TranscriptPPT
-
Aug 2018TranscriptPPT
-
May 2018TranscriptPPT
-
Feb 2018TranscriptPPT
-
Nov 2017TranscriptPPT
-
May 2017TranscriptPPT
-
Feb 2017TranscriptPPT
-
Nov 2016TranscriptPPT
-
Aug 2016TranscriptPPT
-
Feb 2016Transcript PPT
Mobility Solutions (58% of revenues) [1]
1. Powertrain Solutions : It offers integrated solutions in the market segments - electric vehicles, passenger cars, Commercial vehicles, off-road vehicles, etc.
It aims at becoming the leading provider of products and solutions in the diversified powertrain sector ranging from gasoline and diesel injection to electrified drives with battery and fuel technologies. [2]
[4]