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 ₹ 1,03,847 Cr.
- Current Price ₹ 35,210
- High / Low ₹ 41,945 / 28,610
- Stock P/E 44.2
- Book Value ₹ 5,034
- Dividend Yield 1.45 %
- ROCE 21.5 %
- ROE 16.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 19.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 49.4%
Cons
- Earnings include an other income of Rs.1,410 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 15m | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12,086 | 9,701 | 10,435 | 11,690 | 12,085 | 9,842 | 9,718 | 11,782 | 14,929 | 16,727 | 18,087 | 20,035 | |
| 10,104 | 7,823 | 8,473 | 9,597 | 9,931 | 8,358 | 8,555 | 10,319 | 13,120 | 14,632 | 15,778 | 17,384 | |
| Operating Profit | 1,981 | 1,878 | 1,963 | 2,093 | 2,154 | 1,483 | 1,163 | 1,462 | 1,810 | 2,095 | 2,310 | 2,650 |
| OPM % | 16% | 19% | 19% | 18% | 18% | 15% | 12% | 12% | 12% | 13% | 13% | 13% |
| 537 | 623 | 912 | 418 | 600 | -105 | -241 | 391 | 471 | 1,566 | 816 | 1,410 | |
| Interest | 14 | 13 | 27 | 3 | 13 | 10 | 14 | 29 | 12 | 51 | 17 | 27 |
| Depreciation | 548 | 386 | 456 | 467 | 402 | 383 | 341 | 324 | 386 | 430 | 376 | 392 |
| Profit before tax | 1,956 | 2,102 | 2,391 | 2,041 | 2,339 | 985 | 567 | 1,500 | 1,882 | 3,181 | 2,733 | 3,642 |
| Tax % | 32% | 27% | 27% | 33% | 32% | 34% | 15% | 19% | 24% | 22% | 26% | 24% |
| 1,338 | 1,531 | 1,741 | 1,371 | 1,598 | 650 | 482 | 1,217 | 1,424 | 2,490 | 2,013 | 2,770 | |
| EPS in Rs | 426.03 | 487.72 | 570.47 | 449.14 | 541.81 | 220.32 | 163.59 | 412.70 | 482.99 | 844.42 | 682.62 | 939.29 |
| Dividend Payout % | 20% | 17% | 29% | 22% | 19% | 48% | 70% | 51% | 99% | 44% | 75% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 16% |
| 3 Years: | 10% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 19% |
| 3 Years: | 18% |
| TTM: | 17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 18% |
| 3 Years: | 23% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 15% |
| 3 Years: | 16% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 31 | 31 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 7,316 | 9,504 | 8,769 | 9,951 | 9,097 | 9,240 | 9,793 | 10,658 | 10,983 | 12,034 | 13,788 | 14,817 |
| 111 | 50 | 0 | 0 | 0 | 74 | 54 | 73 | 53 | 39 | 118 | 119 | |
| 2,973 | 2,848 | 3,000 | 3,946 | 3,583 | 3,977 | 4,898 | 4,650 | 5,194 | 5,252 | 6,309 | 6,716 | |
| Total Liabilities | 10,431 | 12,433 | 11,800 | 13,927 | 12,710 | 13,320 | 14,774 | 15,410 | 16,259 | 17,355 | 20,245 | 21,681 |
| 968 | 1,149 | 1,514 | 1,318 | 1,176 | 1,342 | 1,241 | 1,211 | 1,731 | 1,770 | 1,622 | 1,654 | |
| CWIP | 276 | 151 | 129 | 313 | 644 | 487 | 488 | 606 | 366 | 224 | 396 | 358 |
| Investments | 2,890 | 4,628 | 3,927 | 5,240 | 4,054 | 4,042 | 5,157 | 5,528 | 5,023 | 5,125 | 7,162 | 8,019 |
| 6,298 | 6,505 | 6,231 | 7,056 | 6,836 | 7,450 | 7,888 | 8,066 | 9,140 | 10,236 | 11,065 | 11,651 | |
| Total Assets | 10,431 | 12,433 | 11,800 | 13,927 | 12,710 | 13,320 | 14,774 | 15,410 | 16,259 | 17,355 | 20,245 | 21,681 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,396 | 1,318 | 1,457 | 1,729 | 593 | 1,336 | 835 | 271 | 1,214 | 1,258 | 2,373 | 2,175 | |
| -1,183 | -995 | 1,246 | -1,170 | 1,766 | -873 | -463 | -33 | 262 | 277 | -1,955 | -584 | |
| -237 | -356 | -2,670 | -325 | -2,531 | -399 | -338 | -383 | -1,239 | -1,452 | -529 | -1,550 | |
| Net Cash Flow | -24 | -33 | 33 | 234 | -172 | 64 | 34 | -146 | 236 | 84 | -110 | 41 |
| Free Cash Flow | 988 | 898 | 825 | 1,245 | 13 | 913 | 640 | -136 | 574 | 932 | 2,061 | 1,864 |
| CFO/OP | 105% | 104% | 111% | 115% | 64% | 121% | 95% | 37% | 89% | 93% | 115% | 111% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 36 | 50 | 41 | 50 | 47 | 52 | 52 | 48 | 47 | 48 | 48 | 51 |
| Inventory Days | 72 | 87 | 81 | 71 | 79 | 77 | 82 | 86 | 73 | 64 | 62 | 61 |
| Days Payable | 68 | 96 | 92 | 117 | 86 | 110 | 140 | 112 | 105 | 86 | 94 | 98 |
| Cash Conversion Cycle | 40 | 41 | 31 | 4 | 40 | 19 | -6 | 22 | 15 | 25 | 15 | 13 |
| Working Capital Days | 37 | 57 | 45 | 31 | 52 | 30 | 3 | 27 | 26 | 75 | 78 | 108 |
| ROCE % | 26% | 22% | 26% | 23% | 25% | 18% | 14% | 15% | 17% | 21% | 21% | 22% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Average Number of Employees Number |
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| Power Tools Annual Production Volume (Chennai Plant) Million Units |
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| Authorized Workshops (BCS, Diesel Centers, etc.) Number |
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| Cumulative Common Rail Injectors Produced (Nashik) Million Units |
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| Lambda Sensors Annual Production (Bidadi Plant) Million Units |
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| Localization Rate (Conventional Businesses) Percentage |
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| Localization Rate (New Generation Products) Percentage |
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| Mobility Aftermarket Retail Touchpoints Number |
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| Power Tools Dealers Number |
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| R&D Expenditure (Percentage of Turnover) % |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2h - Submitted Annual Secretarial Compliance Report for year ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6h - Bosch disclosed Q4 FY2025-26 investors’ concall audio recording on its website, dated May 21, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6h - Intimation of schedule of institutional/analyst/portfolio manager meeting on May 27, 2026 at Mumbai
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7h
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
7h - Bosch, Brakes India and Wheels India form 50:50 JV for commercial vehicle air systems by end-2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from nse
Concalls
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May 2026TranscriptAI SummaryPPT
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Apr 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Dec 2020Transcript PPT
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Jul 2020TranscriptAI SummaryPPT
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Mobility Solutions [1]
1. Powertrain Solutions : It offers integrated solutions in the market segments - electric vehicles, passenger cars, Commercial vehicles, off-road vehicles, etc.
In FY24, Bosch was working to introduce Hydrogen IC Engine. The engine was showcased in a demo truck for testing and demonstration and was introduced to multiple stakeholders including OEMs. The company also continued support for multiple fuel technologies including CNG and Flex-fuels.
In the 2-wheeler segment, Bosch invested in lambda sensor technology and is prepared for OBD2.2 Regulatory.[2]
2. Automotive Aftermarket : Bosch Automotive Aftermarket in India is the largest aftermarket chain that acts as a multi-brand car service centre. The division provides aftermarket and repair shops across India with technology and solutions related to auto diagnosis and repairs. It also provides a wide range of spare parts for vehicles and repair solutions.
[3]
In FY24, Bosch has 50,000 retail touch points across 650 districts and has forayed into home segment with "Bosch I6 Inverter battery" for power backup.[2]