Declared Dividend • May 22
Dividend reduced to ₹270 Dividend of ₹270 is 47% lower than last year. Ex-date: 4th August 2026 Payment date: 10th September 2026 Dividend yield will be 0.7%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 6.0% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 21
Full year 2026 earnings released: EPS: ₹940 (vs ₹683 in FY 2025) Full year 2026 results: EPS: ₹940 (up from ₹683 in FY 2025). Revenue: ₹200.3b (up 12% from FY 2025). Net income: ₹27.7b (up 38% from FY 2025). Profit margin: 14% (up from 11% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹33,460, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 26x in the Auto Components industry in India. Total returns to shareholders of 88% over the past three years. Ankündigung • Mar 25
Bosch Limited to Report Fiscal Year 2026 Results on May 20, 2026 Bosch Limited announced that they will report fiscal year 2026 results on May 20, 2026 Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: ₹181 (vs ₹156 in 3Q 2025) Third quarter 2026 results: EPS: ₹181 (up from ₹156 in 3Q 2025). Revenue: ₹48.9b (up 9.4% from 3Q 2025). Net income: ₹5.33b (up 16% from 3Q 2025). Profit margin: 11% (in line with 3Q 2025). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Dec 15
Bosch Limited to Report Q3, 2026 Results on Feb 06, 2026 Bosch Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹188 (vs ₹182 in 2Q 2025) Second quarter 2026 results: EPS: ₹188 (up from ₹182 in 2Q 2025). Revenue: ₹47.9b (up 9.1% from 2Q 2025). Net income: ₹5.55b (up 3.3% from 2Q 2025). Profit margin: 12% (in line with 2Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Sep 25
Bosch Limited to Report Q2, 2026 Results on Nov 11, 2025 Bosch Limited announced that they will report Q2, 2026 results on Nov 11, 2025 Price Target Changed • Aug 07
Price target increased by 8.2% to ₹33,894 Up from ₹31,315, the current price target is an average from 6 analysts. New target price is 12% below last closing price of ₹38,570. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₹828 for next year compared to ₹683 last year. Upcoming Dividend • Jul 22
Upcoming dividend of ₹512 per share Eligible shareholders must have bought the stock before 29 July 2025. Payment date: 04 September 2025. Payout ratio is a comfortable 75% and this is well supported by cash flows. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.6%). Reported Earnings • Jul 09
Full year 2025 earnings released: EPS: ₹683 (vs ₹845 in FY 2024) Full year 2025 results: EPS: ₹683 (down from ₹845 in FY 2024). Revenue: ₹178.9b (up 8.2% from FY 2024). Net income: ₹20.2b (down 19% from FY 2024). Profit margin: 11% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jun 25
Bosch Limited to Report Q1, 2026 Results on Aug 04, 2025 Bosch Limited announced that they will report Q1, 2026 results on Aug 04, 2025 Declared Dividend • May 29
Dividend of ₹512 announced Shareholders will receive a dividend of ₹512. Ex-date: 29th July 2025 Payment date: 4th September 2025 Dividend yield will be 1.6%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹683 (vs ₹845 in FY 2024) Full year 2025 results: EPS: ₹683 (down from ₹845 in FY 2024). Revenue: ₹180.9b (up 9.4% from FY 2024). Net income: ₹20.2b (down 19% from FY 2024). Profit margin: 11% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • May 27
Bosch Limited Recommends Final Dividend for the Year Ended March 31, 2025 Bosch Limited announced that Board of Directors at its meeting held on May 27, 2025, has recommended a final dividend of INR 512 per equity share of INR 10 each, subject to approval of shareholders. The total dividend payout for the financial year 2024-25 is INR 512 per equity share [previous year INR 375 (Interim & Final) per equity share]. The said final dividend, if declared, by the shareholders at the ensuing Annual General Meeting will be paid/dispatched on or after August 18, 2025. Price Target Changed • Feb 25
Price target decreased by 8.4% to ₹30,695 Down from ₹33,517, the current price target is an average from 6 analysts. New target price is 13% above last closing price of ₹27,165. Stock is down 5.9% over the past year. The company is forecast to post earnings per share of ₹685 for next year compared to ₹845 last year. Reported Earnings • Jan 29
Third quarter 2025 earnings released: EPS: ₹156 (vs ₹176 in 3Q 2024) Third quarter 2025 results: EPS: ₹156 (down from ₹176 in 3Q 2024). Revenue: ₹46.5b (up 11% from 3Q 2024). Net income: ₹4.59b (down 12% from 3Q 2024). Profit margin: 9.9% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Ankündigung • Dec 17
Bosch Limited to Report Q3, 2025 Results on Jan 28, 2025 Bosch Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Price Target Changed • Nov 14
Price target increased by 7.7% to ₹32,712 Up from ₹30,385, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of ₹33,862. Stock is up 64% over the past year. The company is forecast to post earnings per share of ₹732 for next year compared to ₹845 last year. Reported Earnings • Nov 13
Second quarter 2025 earnings released: EPS: ₹182 (vs ₹339 in 2Q 2024) Second quarter 2025 results: EPS: ₹182 (down from ₹339 in 2Q 2024). Revenue: ₹43.9b (up 6.4% from 2Q 2024). Net income: ₹5.37b (down 46% from 2Q 2024). Profit margin: 12% (down from 24% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 25
Bosch Limited to Report Q2, 2025 Results on Nov 12, 2024 Bosch Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Ankündigung • Aug 08
Bosch Limited Declares Final Dividend for the Financial Year Ended March 31, 2024 Bosch Limited at its AGM held on August 7, 2024, declared Final Dividend of INR 170 on equity shares for the financial year ended March 31, 2024. Ankündigung • Jul 18
Bosch Limited Announces Executive Changes, Effective from October 1, 2024 Bosch Limited announced that with effect from October 1, 2024: appointment of Ms. Reethi Sethi as Regional President - Mobility After Market India and Senior Vice President, as SMP; Change in business responsibilities of Mr. Anjan Kumar, SMP, from Regional President - Mobility After Market India to Regional President Power Solutions Division; and retirement of Mr. Prabhu Panduranga, SMP as Regional President Power Solutions Division with effect from September 30, 2024. Ms. Reethi Sethi brings with her more than 20 years of experience in Sales and Products Marketing in the Automotive segment. She is a Bachelor of Commerce and has completed Diploma in Sales & Marketing from APTECH (affiliated to TAC sales institute, UK), Bangalore, India and Post Graduation in Business Administration from Indo German Training Center, Mumbai, India. Brief Experience details: 1. 2018 - Present- VICE PRESIDENT SALES AND ENGINEERING (CCE)- OFF HIGHWAY, NON-AUTOMOTIVE AND SPECIAL CUSTOMERS, Robert Bosch GmbH I Karlsruhe, Germany. 2. September 2014 - 2018, DIRECTOR GLOBAL SALES AND ENGINEERING; OFF HIGHWAY, Robert Bosch GmbH I Karlsruhe, Germany, Responsible for Global sales and CCE, Off highway for OE,OES and IAM.TIN AMERICA, Robert Bosch Ltda, Campinas, Brazil. 4. June 2010 -Jul 2011- PROJECT MANAGER, EXPORT MODEL, Robert Bosch SEA I Singapore. 5. January 2009 -Aug 2011- GROUP LEADER PRODUCT MANAGEMENT ASIA PACIFIC, Robert Bosch SEA, Singapore. 6. PRODUCT MANAGER AUTOMOTIVE FILTERS, ASIA PACIFIC, Robert Bosch SEA, Singapore. 7. SALES AND MARKETING BOSCH BRAND, AA MICO Bosch (Now Robert Bosch India) I Bangalore, India. Reported Earnings • Jul 12
Full year 2024 earnings released: EPS: ₹845 (vs ₹483 in FY 2023) Full year 2024 results: EPS: ₹845 (up from ₹483 in FY 2023). Revenue: ₹165.3b (up 12% from FY 2023). Net income: ₹24.9b (up 75% from FY 2023). Profit margin: 15% (up from 9.7% in FY 2023). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year. Board Change • Jul 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Soumitra Bhattacharya was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jul 01
Bosch Limited Announces Completion of Term of Sakalespur Visweswaraiya Ranganath as an Independent Director Bosch Limited informed that Mr. Sakalespur Visweswaraiya Ranganath, who served as an Independent Director of the Company from July 01, 2018 has concluded his tenure as an Independent Director on the Board of the Company. His term officially ended from the close of business hours on June 30, 2024, following completion of his second term. The Board and the Management of the Company extend their sincere appreciation for the valuable contributions made by Mr. Sakalespur Visweswaraiya Ranganath during his term. Ankündigung • Jun 26
Bosch Limited to Report Q2, 2024 Results on Aug 06, 2024 Bosch Limited announced that they will report Q2, 2024 results at 3:30 PM, Indian Standard Time on Aug 06, 2024 Ankündigung • May 25
Bosch Limited Recommends Final Dividend for the Financial Year 2023-2024, Payable on August 13, 2024 Bosch Limited recommended final dividend of INR 170 per equity share of INR 10 for the financial year 2023-2024. The said final dividend, if declared, by the shareholders at the upcoming Annual General Meeting will be paid/dispatched on or after August 13, 2024. Ankündigung • Apr 05
Bosch Limited Files Suo Moto Settlement Application to Securities and Exchange Board of India Bosch Limited has received on April 03, 2024, a Settlement Order no. SO/AS/EFD2/2023-24/7231 dated March 28, 2024 from Securities and Exchange Board of India in the matter of a suo moto Settlement Application filed by the Company. The Company filed a suo moto settlement application in terms of the SEBI (Settlement Proceedings) Regulations, 2018 (hereinafter referred to as Settlement Regulation) proposing to settle by neither admitting nor denying the findings of fact and conclusions of law, the enforcement proceedings that may be initiated against the Company, for the violation of: i. Regulation 23(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as LODR Regulations) ii. Regulation 23(4) of the LODR Regulations. Ankündigung • Mar 21
Bosch Limited to Report Fiscal Year 2024 Results on May 24, 2024 Bosch Limited announced that they will report fiscal year 2024 results on May 24, 2024 Upcoming Dividend • Feb 16
Upcoming dividend of ₹205 per share Eligible shareholders must have bought the stock before 23 February 2024. Payment date: 14 March 2024. Payout ratio is a comfortable 62% but the company is paying out more than the cash it is generating. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (0.7%). Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹176 (vs ₹108 in 3Q 2023) Third quarter 2024 results: EPS: ₹176 (up from ₹108 in 3Q 2023). Revenue: ₹42.1b (up 15% from 3Q 2023). Net income: ₹5.18b (up 62% from 3Q 2023). Profit margin: 12% (up from 8.7% in 3Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 13
Bosch Limited Approves Interim Dividend for the Financial Year 2023-24 Bosch Limited at the board meeting held on February 13, 2024, the board has approved an interim dividend of INR 205 per share for the financial year 2023-24 on 29,493,640 equity shares of INR 10 each. Ankündigung • Dec 18
Bosch India Names Sandeep Nelamangala as Head of Mobility Business, Effective January 1,2024 Bosch has announced that its Mobility Business in India will be headed by Sandeep Nelamangala, effective January 1,2024. Nelamangala is the joint managing director of Bosch Limited and executive vice president - sales, Mobility Solutions, Bosch India. He will manage the new responsibilities in addition to his present responsibilities. In the new role, Nelamangala will also manage the company's realigned structure, handling the technology and strategic developments for the region. Ankündigung • Dec 14
Bosch Limited to Report Q3, 2024 Results on Feb 13, 2024 Bosch Limited announced that they will report Q3, 2024 results on Feb 13, 2024 New Risk • Nov 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 99% Dividend per share is over 146x cash flows per share. Earnings are forecast to decline by an average of 4.2% per year for the foreseeable future. High level of non-cash earnings (26% accrual ratio). Ankündigung • Sep 22
Bosch Limited to Report Q2, 2024 Results on Nov 09, 2023 Bosch Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Ankündigung • Sep 01
Bosch Limited Announces Resignation of Karsten Mueller as Whole Time Director Bosch Limited announced that Mr. Karsten Mueller (DIN: 08998443), being a Whole Time Director of the Company has submitted his resignation as a Director of the Company, vide letter dated August 30, 2023, with effect from close of business hours on August 31, 2023 i.e. effective from September 01, 2023, due to change in his responsibilities at global level. Reported Earnings • Jul 10
Full year 2023 earnings released: EPS: ₹483 (vs ₹413 in FY 2022) Full year 2023 results: EPS: ₹483 (up from ₹413 in FY 2022). Revenue: ₹147.4b (up 27% from FY 2022). Net income: ₹14.3b (up 17% from FY 2022). Profit margin: 9.7% (in line with FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Auto Components industry in India. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 07
Upcoming dividend of ₹280 per share at 2.8% yield Eligible shareholders must have bought the stock before 14 July 2023. Payment date: 31 August 2023. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.8%). Ankündigung • Jun 30
Bosch Limited to Report Q1, 2024 Results on Jul 31, 2023 Bosch Limited announced that they will report Q1, 2024 results on Jul 31, 2023 Ankündigung • May 27
Automobility Services and Solutions Private Limited agreed to acquire Digital Mobility Business from Bosch Limited (BSE:500530) for INR 6.9 billion. Automobility Services and Solutions Private Limited agreed to acquire Digital Mobility Business from Bosch Limited (BSE:500530) for INR 6.9 billion on May 26, 2023. Bosch Limited board approved the deal. For period ended March 31, 2023, revenue of INR 499.3 million and net worth of INR -2.8 billion. Business Transfer Agreement is proposed to be entered on June 9, 2023. The transaction is expected to complete on June 30, 2023. Reported Earnings • May 11
Full year 2023 earnings released: EPS: ₹483 (vs ₹413 in FY 2022) Full year 2023 results: EPS: ₹483 (up from ₹413 in FY 2022). Revenue: ₹154.0b (up 32% from FY 2022). Net income: ₹14.3b (up 17% from FY 2022). Profit margin: 9.3% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Ankündigung • May 04
Bosch Limited Announces Resignation of Markus Bamberger as Chairman Director, Effective August 1, 2023 Bosch Limited announced that Mr. Markus Bamberger (DIN: 09200475), being a Non-Executive Non-Independent Director of the Company has submitted his resignation as Chairman and Director of the Company, vide letter dated May 02, 2023, with effect from close of business hours on August 01, 2023, as a part of succession planning. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹108 (vs ₹79.70 in 3Q 2022) Third quarter 2023 results: EPS: ₹108 (up from ₹79.70 in 3Q 2022). Revenue: ₹36.6b (up 18% from 3Q 2022). Net income: ₹3.20b (up 36% from 3Q 2022). Profit margin: 8.7% (up from 7.6% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 14
Bosch Limited Declares Interim Dividend the Financial Year 2022-2023 Bosch Limited Board of Directors at their meeting held February 14, 2023, declared an Interim Dividend of INR 200/per share for the financial year 2022-2023 on 29,493,640 equity shares of INR 10/- each. The Interim Dividend for the financial year 2022-23 will be paid to those Members whose names appear in the Register of Members of the Company and as beneficial owners in the Depositories, as on the Record Date fixed for the purpose i.e., 22 February 2023. Ankündigung • Dec 21
Bosch Limited to Report Q3, 2023 Results on Feb 14, 2023 Bosch Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Chief Financial Officer Karin Gilges was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: ₹127 (vs ₹126 in 2Q 2022) Second quarter 2023 results: EPS: ₹127 (up from ₹126 in 2Q 2022). Revenue: ₹38.1b (up 31% from 2Q 2022). Net income: ₹3.74b (flat on 2Q 2022). Profit margin: 9.8% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.