Bosch

₹34169.4 -268.7 | 0.8%

WEBSITE BSE:500530 NSE : BOSCH LTD 26 Dec, 16:01

Market Cap ₹100778 Cr.

Stock P/E 40.5

P/B 7.9

Current Price ₹34169.4

Book Value ₹ 4318.8

Face Value 10

52W High ₹39052

Dividend Yield 1.1%

52W Low ₹ 21781.4

Edit Ratio

Bosch Research see more...

Overview Inc. Year: 1951Industry: Auto Ancillary

Bosch Limited is an primarily India-based supplier of technology and offerings in the areas of mobility solutions, commercial technology, consumer goods, and power and building technology. The Company's segments are Consumer Goods,Automotive Products,and Others. The Automotive Products segment includes diesel systems, gas structures and automotive aftermarket products and services. Its fundamental merchandise encompass fuel injection device and additives, electricity equipment and building technology products. It develops smart mobility solutions within the areas of hardware, software, and offerings. Its home equipment product category consists of cooking and baking, washers and dryers, dishwashers, and fridges and freezers. It offers services and products for enterprise and trades, which consists of drive and control technology, power and constructing solutions, engineering and commercial enterprise solutions, energy gear for professionals, security solutions and software program solutions.

Bosch Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Bosch Quarterly Results

#(Fig in Cr.)	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018
Net Sales	2780	2830	2812	3072	3158
Other Income	131	130	129	102	158
Total Income	2911	2960	2941	3174	3316
Total Expenditure	2076	2391	2304	2624	2467
Operating Profit	835	569	637	550	850
Interest	23	1	0	3	0
Depreciation	149	106	111	124	126
Exceptional Income / Expenses	0	0	0	0	-94
Profit Before Tax	662	462	526	423	630
Provision for Tax	222	159	173	142	196
Profit After Tax	440	303	353	281	434
Adjustments	-440	-303	-353	-281	-434
Profit After Adjustments	0	0	0	0	0
Adjusted Earnings Per Share	144.3	99.2	115.8	92.1	142.1

Bosch Profit & Loss

#(Fig in Cr.)	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Net Sales	8757	12086	9701	10435	11690	12085	9842	9718	11782	14929	16727	11872
Other Income	353	565	604	617	512	595	547	552	402	477	723	519
Total Income	9109	12651	10305	11053	12202	12680	10388	10270	12183	15407	17450	12391
Total Expenditure	7468	10104	7823	8475	9597	9931	8358	8604	10330	13126	14632	9786
Operating Profit	1641	2547	2482	2578	2605	2750	2030	1666	1853	2280	2818	2606
Interest	1	14	13	27	3	13	10	14	29	12	51	4
Depreciation	384	548	386	456	467	402	383	341	324	386	430	467
Exceptional Income / Expenses	0	-28	0	0	-94	0	-717	-744	0	0	844	-94
Profit Before Tax	1257	1956	2082	2094	2041	2334	920	567	1500	1882	3181	2041
Provision for Tax	372	618	570	650	670	741	335	85	283	458	691	670
Profit After Tax	885	1338	1512	1444	1371	1593	585	483	1217	1425	2491	1371
Adjustments	0	0	19	297	0	5	65	0	0	0	0	-1371
Profit After Adjustments	885	1338	1531	1741	1371	1598	650	483	1217	1425	2491	0
Adjusted Earnings Per Share	281.8	426	481.6	473.5	449.4	540.1	198.2	163.6	412.6	482.9	844.2	449.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	12%	20%	7%	7%
Operating Profit CAGR	24%	19%	0%	6%
PAT CAGR	75%	73%	9%	11%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	56%	27%	17%	6%
ROE Average	22%	16%	12%	14%
ROCE Average	28%	20%	15%	20%

Bosch Balance Sheet

#(Fig in Cr.)	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	6294	7347	9535	8800	9981	9126	9269	9822	10688	11012	12063
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	129	54	15	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	-8	61	-113	-97	-64	-107	386	223	50	280	511
Total Current Liabilities	4050	4458	3145	3355	4195	4013	3669	4492	4446	5024	5093
Total Liabilities	10465	11921	12582	12057	14113	13032	13325	14537	15184	16316	17668
Fixed Assets	938	968	1149	1319	1141	1011	1195	1109	1028	1200	1113
Other Non-Current Assets	1704	3120	4950	4113	4961	4796	5110	4666	6020	6279	6631
Total Current Assets	7823	7834	6483	6624	8011	7225	7019	8762	8136	8836	9923
Total Assets	10465	11921	12582	12057	14113	13032	13325	14537	15184	16316	17668

Bosch Cash Flow

#(Fig in Cr.)	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	181	154	129	96	129	363	191	255	289	143	379
Cash Flow from Operating Activities	1057	1396	1318	1457	1729	593	1336	835	271	1214	1253
Cash Flow from Investing Activities	-846	-1183	-995	1246	-1170	1766	-873	-463	-33	262	283
Cash Flow from Financing Activities	-238	-237	-356	-2670	-325	-2531	-399	-338	-383	-1239	-1452
Net Cash Inflow / Outflow	-27	-24	-33	33	234	-172	64	34	-146	236	84
Closing Cash & Cash Equivalent	154	130	96	129	363	191	255	289	143	379	463

Bosch Ratios

#	Dec 2013	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	281.75	426.02	481.62	473.48	449.44	540.14	198.24	163.56	412.61	482.88	844.24
CEPS(Rs)	404.11	600.67	604.68	623.05	602.62	676.47	328.17	279.29	522.54	613.59	989.83
DPS(Rs)	55	85	85	165	100	105	105	115	210	480	375
Book NAV/Share(Rs)	2004.55	2339.81	3036.59	2885.11	3272.56	3093.63	3142.17	3329.53	3623.02	3732.95	4089.22
Core EBITDA Margin(%)	13.63	15.35	17.99	17.44	17.63	17.82	15.07	11.46	12.32	12.08	12.52
EBIT Margin(%)	13.3	15.27	20.07	18.87	17.22	19.42	9.45	5.98	12.98	12.69	19.32
Pre Tax Margin(%)	13.3	15.16	19.94	18.63	17.19	19.31	9.35	5.84	12.73	12.61	19.02
PAT Margin (%)	9.36	10.37	14.48	12.84	11.55	13.18	5.94	4.97	10.33	9.54	14.89
Cash Profit Margin (%)	13.43	14.62	18.18	16.9	15.48	16.51	9.84	8.48	13.08	12.12	17.46
ROA(%)	8.94	11.95	12.34	11.72	10.48	11.74	4.44	3.46	8.19	9.04	14.66
ROE(%)	14.91	19.61	17.92	15.75	14.6	16.68	6.36	5.05	11.87	13.13	21.59
ROCE(%)	20.47	28.28	24.59	23.08	21.77	24.57	10.11	6.09	14.91	17.46	28.01
Receivable days	40.22	31.74	43.87	40.72	43.07	48.07	55.27	52.63	45.29	42.02	44.57
Inventory Days	44.28	34.99	43.13	38.5	36.99	40.32	47.48	45.34	46.9	44.4	41.42
Payable days	75.64	63.71	92.36	91.05	97.4	98.44	109.39	121.02	111.61	95.77	89.16
PER(x)	35.8	59.58	43.16	48.11	40.35	33.63	47.47	86.09	35	40.05	35.59
Price/Book(x)	5.03	10.85	6.85	7.9	5.54	5.87	2.99	4.23	3.99	5.18	7.35
Dividend Yield(%)	0.55	0.33	0.41	0.72	0.55	0.58	1.12	0.82	1.45	2.48	1.25
EV/Net Sales(x)	3.47	6.45	6.54	6.49	4.57	4.33	2.59	4.02	3.47	3.68	5.14
EV/Core EBITDA(x)	18.53	30.6	25.58	26.28	20.51	19.03	12.56	23.46	22.07	24.12	30.54
Net Sales Growth(%)	1.13	38.01	-19.73	7.56	12.03	3.38	-18.56	-1.26	21.23	26.72	12.04
EBIT Growth(%)	-7	56.73	6.35	1.26	-3.66	14.84	-60.38	-37.51	163.12	23.9	70.59
PAT Growth(%)	-7.68	51.2	13.05	-4.51	-5.08	16.24	-63.3	-17.49	152.27	17.03	74.83
EPS Growth(%)	-7.68	51.2	13.05	-1.69	-5.08	20.18	-63.3	-17.49	152.27	17.03	74.83
Debt/Equity(x)	0.03	0.02	0.01	0	0	0	0	0	0	0	0
Current Ratio(x)	1.93	1.76	2.06	1.97	1.91	1.8	1.91	1.95	1.83	1.76	1.95
Quick Ratio(x)	1.64	1.47	1.68	1.62	1.62	1.44	1.61	1.66	1.44	1.38	1.58
Interest Cover(x)	2514.2	137.78	162.43	78	619.36	176.49	91.17	41.51	52.91	156.57	63.62
Total Debt/Mcap(x)	0.01	0	0	0	0	0	0	0	0	0	0

Bosch Shareholding Pattern

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	70.54	70.54	70.54	70.54	70.54	70.54	70.54	70.54	70.54	70.54
FII	3.56	3.62	3.73	3.7	3.88	3.55	3.69	4.1	5.96	6.19
DII	16.48	16.33	16.52	16.77	16.69	17.04	17.27	17.21	15.8	15.78
Public	9.42	9.51	9.21	8.98	8.89	8.86	8.5	8.15	7.7	7.5
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	2.08	2.08	2.08	2.08	2.08	2.08	2.08	2.08	2.08	2.08
FII	0.11	0.11	0.11	0.11	0.11	0.1	0.11	0.12	0.18	0.18
DII	0.49	0.48	0.49	0.49	0.49	0.5	0.51	0.51	0.47	0.47
Public	0.28	0.28	0.27	0.26	0.26	0.26	0.25	0.24	0.23	0.22
Others	0	0	0	0	0	0	0	0	0	0
Total	2.95	2.95	2.95	2.95	2.95	2.95	2.95	2.95	2.95	2.95

Pros

Debtor days have improved from 95.77 to 89.16days.
Company is almost debt free.

Cons

Stock is trading at 7.9 times its book value.
The company has delivered a poor profit growth of 9% over past five 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.