Bosch Limited
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.
Shareholding Pattern
Financial Summary
| Particulars | March 2024 | March 2023 | March 2022 |
| Sales | 16,727 | 14,929 | 11,782 |
| Sales Growth % | 12.04% | 26.72% | 21.23% |
| Expenses | 14,632 | 13,120 | 10,319 |
| Operating Profit | 2,095 | 1,810 | 1,462 |
| OPM % | 13% | 12% | 12% |
| Net Profit | 2,490 | 1,424 | 1,217 |
| EPS in Rs | 844.42 | 482.99 | 412.7 |
Synopsis of Financials
- Revenue from operations in Q1 FY ’25 was ₹43,168 million, a growth of 3.8% YoY.
- EBITDA for the quarter was ₹5,197 million, reflecting an 11.1% increase YoY, with an EBITDA margin improvement from 11.3% to 12%.
- Profit after tax (PAT) grew by 13.8% YoY, with PAT as a percentage of total revenue increasing to 10.8%.
Final Outlook
Bosch Ltd.’s stock displayed a strong uptrend from September 2023 to August 2024, driven by positive earnings, innovation, and favorable macroeconomic conditions. The breakouts and dips were influenced by technical factors like moving averages and volume spikes, as well as fundamental drivers such as earnings reports and macroeconomic events. The July 2024 dip likely reflects market corrections amid inflation concerns and broader economic uncertainties. The stock is trading 14% below its all time high and looks undervalued as per PE ratio but overvalued as per the DCF valuation and other EV multiples. However, the margins have been declining and the company has delivered poor results in recent quarters. As an outcome, major brokerage firms have given a sell rating on the share. Therefore, selling the stock is recommended due to a potential downtrend in the near future.
Bosch-Ltd