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 ₹ 55,764 Cr.
- Current Price ₹ 18,907
- High / Low ₹ 19,854 / 13,165
- Stock P/E 39.2
- Book Value ₹ 3,731
- Dividend Yield 2.52 %
- 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
- 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.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
9,701 | 10,435 | 11,690 | 12,085 | 9,842 | 9,716 | 11,782 | 14,929 | |
7,823 | 8,473 | 9,597 | 9,931 | 8,358 | 8,555 | 10,325 | 13,123 | |
Operating Profit | 1,878 | 1,963 | 2,093 | 2,154 | 1,483 | 1,162 | 1,457 | 1,807 |
OPM % | 19% | 19% | 18% | 18% | 15% | 12% | 12% | 12% |
623 | 912 | 418 | 600 | -105 | -241 | 396 | 473 | |
Interest | 13 | 27 | 3 | 13 | 10 | 14 | 29 | 12 |
Depreciation | 386 | 456 | 467 | 402 | 383 | 341 | 324 | 386 |
Profit before tax | 2,102 | 2,391 | 2,041 | 2,339 | 985 | 565 | 1,500 | 1,882 |
Tax % | 27% | 27% | 33% | 32% | 34% | 15% | 19% | 24% |
Net Profit | 1,534 | 1,740 | 1,371 | 1,598 | 650 | 482 | 1,218 | 1,426 |
EPS in Rs | 488.42 | 570.17 | 449.24 | 541.91 | 220.22 | 163.43 | 413.07 | 483.33 |
Dividend Payout % | 17% | 29% | 22% | 19% | 48% | 70% | 51% | 99% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 15% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 9% |
TTM: | 17% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 0% |
3 Years: | 18% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
31 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | |
Reserves | 9,495 | 8,760 | 9,942 | 9,088 | 9,231 | 9,783 | 10,650 | 10,976 |
50 | 0 | 0 | 0 | 74 | 54 | 73 | 53 | |
2,848 | 3,000 | 3,946 | 3,583 | 3,977 | 4,898 | 4,650 | 5,194 | |
Total Liabilities | 12,425 | 11,791 | 13,919 | 12,701 | 13,311 | 14,764 | 15,402 | 16,252 |
1,149 | 1,514 | 1,318 | 1,176 | 1,342 | 1,241 | 1,212 | 1,731 | |
CWIP | 151 | 129 | 313 | 644 | 487 | 488 | 605 | 366 |
Investments | 4,620 | 3,918 | 5,232 | 4,045 | 4,033 | 5,150 | 5,521 | 5,018 |
6,505 | 6,231 | 7,056 | 6,836 | 7,450 | 7,886 | 8,064 | 9,138 | |
Total Assets | 12,425 | 11,791 | 13,919 | 12,701 | 13,311 | 14,764 | 15,402 | 16,252 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
1,318 | 1,457 | 1,729 | 593 | 1,336 | 835 | 269 | 1,214 | |
-995 | 1,246 | -1,170 | 1,766 | -873 | -463 | -32 | 262 | |
-356 | -2,670 | -325 | -2,531 | -399 | -338 | -383 | -1,239 | |
Net Cash Flow | -33 | 33 | 234 | -172 | 64 | 34 | -146 | 236 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 41 | 50 | 47 | 52 | 52 | 47 | 47 |
Inventory Days | 87 | 81 | 71 | 79 | 77 | 82 | 86 | 73 |
Days Payable | 96 | 92 | 117 | 86 | 110 | 140 | 112 | 105 |
Cash Conversion Cycle | 41 | 31 | 4 | 40 | 19 | -6 | 22 | 15 |
Working Capital Days | 57 | 45 | 31 | 52 | 30 | 4 | 39 | 43 |
ROCE % | 26% | 23% | 25% | 18% | 14% | 15% | 17% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 31 May
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for the Year ended March 31, 2023.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 30 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 May - Of Schedule of Analysts/Investors meet /conference under Regulation 30 of the SEBI (LODR) Regulations, 2015
Annual reports
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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 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
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Financial Year 2010
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Concalls
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May 2023Transcript PPT
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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]