BSE:500530

Stock Analysis Report

Executive Summary

Bosch Limited manufactures and trades in automotive products in India and internationally.


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Bosch's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500530's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

17.8%

500530

8.5%

IN Auto Components

8.9%

IN Market


1 Year Return

-45.0%

500530

-44.6%

IN Auto Components

-30.6%

IN Market

Return vs Industry: 500530 underperformed the Indian Auto Components industry which returned -43.9% over the past year.

Return vs Market: 500530 underperformed the Indian Market which returned -29.3% over the past year.


Shareholder returns

500530IndustryMarket
7 Day17.8%8.5%8.9%
30 Day-18.0%-30.7%-24.8%
90 Day-35.4%-38.3%-29.4%
1 Year-44.5%-45.0%-43.7%-44.6%-29.2%-30.6%
3 Year-55.3%-56.0%-43.1%-44.8%-17.0%-21.5%
5 Year-59.7%-60.8%-32.9%-35.8%-5.4%-10.4%

Price Volatility Vs. Market

How volatile is Bosch's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bosch undervalued compared to its fair value and its price relative to the market?

31.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500530 (₹9941.2) is trading above our estimate of fair value (₹952.04)

Significantly Below Fair Value: 500530 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500530 is poor value based on its PE Ratio (31.9x) compared to the Auto Components industry average (9.8x).

PE vs Market: 500530 is poor value based on its PE Ratio (31.9x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500530's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500530 is overvalued based on its PB Ratio (3.2x) compared to the IN Auto Components industry average (0.9x).


Next Steps

Future Growth

How is Bosch forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bosch has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bosch performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500530 has high quality earnings.

Growing Profit Margin: 500530's current net profit margins (8.9%) are lower than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: 500530's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: 500530's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500530 had negative earnings growth (-40.2%) over the past year, making it difficult to compare to the Auto Components industry average (-20%).


Return on Equity

High ROE: 500530's Return on Equity (10.1%) is considered low.


Next Steps

Financial Health

How is Bosch's financial position?


Financial Position Analysis

Short Term Liabilities: 500530's short term assets (₹66.1B) exceed its short term liabilities (₹32.9B).

Long Term Liabilities: 500530's short term assets (₹66.1B) exceed its long term liabilities (₹4.3B).


Debt to Equity History and Analysis

Debt Level: 500530 is debt free.

Reducing Debt: 500530 has no debt compared to 5 years ago when its debt to equity ratio was 1%.

Debt Coverage: 500530 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500530 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 500530 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 500530's debt is covered by short term assets.


Next Steps

Dividend

What is Bosch's current dividend yield, its reliability and sustainability?

1.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500530's dividend (1.06%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: 500530's dividend (1.06%) is low compared to the top 25% of dividend payers in the Indian market (4.16%).


Stability and Growth of Payments

Stable Dividend: 500530's dividends per share have been stable in the past 10 years.

Growing Dividend: 500530's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.7%), 500530's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure


CEO

Soumitra Bhattacharya (59yo)

0.25

Tenure

₹62,622,807

Compensation

Mr. Soumitra Bhattacharya serves as Managing Director of Bosch Limited since December 31, 2019. Mr. Bhattacharya had been Joint Managing Director of Bosch Limited since January 01, 2017 until December 31,  ...


CEO Compensation Analysis

Compensation vs Market: Soumitra's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD740.60K).

Compensation vs Earnings: Soumitra's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Soumitra Bhattacharya
MD, Regional President of Bosch Group India & Director0.25yr₹62.62mno data
Jan-Oliver Röhrl
Joint MD1.67yrs₹68.33mno data
S. Karthik
Vice-President of Corporate Finance & Accountsno data₹13.61mno data
S. Srinivasan
CFO & Executive Director1.67yrsno datano data
Rajesh Parte
Company Secretary & Compliance Officer1.33yrsno data0.000010% 29.3k
Ameet Rele
Head of Corporate Communicationsno datano datano data
Sandeep Nelamangala
Executive Vice President of Sales0.17yrno datano data
Peter Tyroller
Whole Time Director6.67yrsno datano data
Mohandas Mekanapurath
Business Head of Bosch Energy & Building Solutionsno datano datano data
O. Goel
Head of Social Engagementno datano datano data

0.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 500530's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Soumitra Bhattacharya
MD, Regional President of Bosch Group India & Director0.25yr₹62.62mno data
Jan-Oliver Röhrl
Joint MD1.67yrs₹68.33mno data
S. Srinivasan
CFO & Executive Director1.67yrsno datano data
Sandeep Nelamangala
Executive Vice President of Sales0.17yrno datano data
Peter Tyroller
Whole Time Director6.67yrsno datano data
Hema Ravichandar
Independent Director2.5yrs₹1.74mno data
Bhaskar Bhat
Independent Director7.17yrs₹2.86mno data
Bernhard Steinruecke
Independent Director14.75yrs₹3.04mno data
Bernhard Straub
Chairman0.58yrno datano data
Sakalespur Ranganath
Additional Independent Director1.67yrsno datano data

2.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 500530's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bosch Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bosch Limited
  • Ticker: 500530
  • Exchange: BSE
  • Founded: 1951
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₹293.202b
  • Shares outstanding: 29.49m
  • Website: https://www.bosch.in

Number of Employees


Location

  • Bosch Limited
  • Hosur Road
  • Adugodi
  • Bengaluru
  • Karnataka
  • 560030
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500530BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2000
BOSCHLTDNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2000

Biography

Bosch Limited manufactures and trades in automotive products in India and internationally. The company operates through Automotive Products and Others segments. It provides automotive, industrial, consumer goods, and energy and building technology products. The company offers high-pressure injection pumps, and rail and various injectors for passenger cars, various commercial vehicles and agricultural equipment, and large-scale industrial power-generation units; gasoline fuel injection systems; and spare parts for passenger cars, commercial vehicles, and 2-wheelers for the aftersales-market, as well as unit and vehicle repair solutions. It also provides packaging solutions, such as individual machines; end-to-end packaging system solutions; and a service portfolio for the food and confectionery industries. In addition, the company offers power tools comprising cordless power tools, spares, accessories, digital measuring tools, and high pressure washers; and video-surveillance, intrusion-detection, fire-detection, public address and voice-alarm, access control, building management, and professional audio and conference systems primarily for infrastructure and commercial applications. Further, it provides thermo-technologies; indoor climate and domestic hot water technologies, condensing technologies, solar thermal systems, heat pumps, and combined heat and power; and home appliances for homes. Additionally, the company offers drive and control technology, energy and building solutions, engineering and business solutions, packaging technology, security solutions, and software solutions for industry and trades. The company was founded in 1951 and is headquartered in Bengaluru, India. Bosch Limited is a subsidiary of Robert Bosch GmbH. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 12:32
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.