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Producer Manufacturing

Bosch Ltd.

Company Background

Bosch is the listed unit German autoparts and power tool maker Robert Bosch. The German parent company owns a 70% stake in the Indian subsidiary. A manufacturer of automotive components and industrial machinery, it is the Indian flagship of the German parent, which has six subsidiaries in the country.

Robert Bosch has a long history in India, having opened a sales office in Calcutta (now Kolkata) in 1922. In 1953, just six years after India's independence, the German company began production in the country. In addition to autoparts and tools, the Bosch brand is widely known in India for consumer electronics and other products. In all, Robert Bosch units have more than 25,000 employees and annual sales of more than $2 billion in India.

The parent company has made India a hub of its technical development, taking advantage of the country's strength in information technology. Bangalore, where the Bosch has its headquarters and a huge research and development center, is the largest development hub for the global group, second only to Germany.

Business Summary

Bosch Ltd. engages in the manufacture and market of automotive and non-automotive products. It operates through the following segments: Automotive Products, Consumer Goods, and Others. The Automotive Products segment provides diesel and gasoline fuel injection systems, car multimedia systems, auto electrical and accessories, starters and generators, energy and body systems services. The Consumer Goods segment includes the trade of power tools and consumables. The Other segment is composed of industrial technology, consumer goods and building technology. The company was founded by Robert Bosch on November 12, 1951 and is headquartered in Bangalore, India.

Financial Highlights

Mar 2022 INRUSD
Revenue116,191M1,559.40M
Gross Profit23,572M316.36M
Operating income10,270M137.83M
Income before tax14,999M201.30M
Net income12,183M163.50M
EBITDA13,387M179.66M
Diluted EPS413.075.54
Dividends Per Share1101.47
Total Assets154,023M2,032.63M
Total liabilities47,225M623.22M
Total equity106,798M1,409.40M
Operating cash flow4,997M67.06M
Currency in INRCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 115,392M 119,391M 95,773M 95,651M 116,191M
Gross Profit 31,555M 27,881M 20,679M 20,244M 23,572M
Operating income 15,601M 16,942M 9,228M 7,226M 10,270M
Income before tax 20,406M 23,340M 9,197M 5,653M 14,999M
Net income 13,711M 15,937M 5,845M 4,820M 12,183M
EBITDA 20,087M 20,796M 12,910M 10,504M 13,387M
Diluted EPS 449 525.27 195.49 163.42 413.07
Dividends Per Share 100 105 105 115 110
Total Assets 139,187M 127,012M 133,113M 147,643M 154,023M
Total liabilities 39,461M 35,834M 40,506M 49,514M 47,225M
Total equity 99,726M 91,178M 92,607M 98,129M 106,798M
Operating cash flow 20,061M 8,792M 16,033M 10,051M 4,997M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,789.96M 1,706.98M 1,350.70M 1,288.48M 1,559.40M
Gross Profit 489.48M 398.62M 291.63M 272.70M 316.36M
Operating income 242.00M 242.22M 130.14M 97.33M 137.83M
Income before tax 316.53M 333.70M 129.70M 76.15M 201.30M
Net income 212.68M 227.85M 82.43M 64.92M 163.50M
EBITDA 311.59M 297.32M 182.07M 141.49M 179.66M
Diluted EPS 6.96 7.51 2.75 2.20 5.54
Dividends Per Share 1.55 1.50 1.48 1.54 1.47
Total Assets 2,134.05M 1,833.44M 1,759.56M 2,019.36M 2,032.63M
Total liabilities 605.02M 517.27M 535.43M 677.21M 623.22M
Total equity 1,529.03M 1,316.17M 1,224.13M 1,342.14M 1,409.40M
Operating cash flow 311.18M 125.70M 226.11M 135.39M 67.06M

Valuation Measures

Mar 2022
PER34.96
ROA8.07%
ROE11.89%
Operating margin8.83%
Profit margin10.48%

Key executives

  • Joint Managing Director & Executive Director: Soumitra Bhattacharya
  • Joint Managing Director, CTO & Director: Guruprasad Mudlapur
  • Chief Financial Officer: Karin Gabriele Gilges
  • Secretary & Compliance officer: V. Srinivasan
  • Executive Director & Executive VP-Sales: Sandeep Nelamangala

Shareholders

  • Robert Bosch Stiftung GmbH (70.5%)
  • Life Insurance Corporation of India (Investment Portfolio) (3.4%)
  • General Insurance Corp. of India (Invt Port) (3.1%)
  • The New India Assurance Co. Ltd. (Investment Portfolio) (2.4%)
  • United India Insurance Co. Ltd. (1.1%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (1.1%)
  • The Vanguard Group, Inc. (0.8%)
  • Franklin Templeton Asset Management (India) Pvt. Ltd. (0.7%)
  • L&T Investment Management Ltd. (0.6%)
  • Aditya Birla Sun Life Amc Ltd. (Investment Management) (0.6%)

Contact Details

  • Website:http://www.bosch.in
  • Address: Hosur Road, Adugodi, Bangalore, 560030, India
  • Phone: +91.80.67523878

Related Companies

  • Bosch Superannuation Fund
  • Bosch Employees' Gratuity Fund
  • Bosch Indonesia
  • MHB Filter India Pvt Ltd.
  • MICO Trading Pvt Ltd.

Competitors

  • Dorman Products, Inc.
  • Innoviz Technologies Ltd.
  • Qijing Machinery Co., Ltd. Class A
  • OpGen, Inc.
Last Updated on 4 Oct, 2022

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