Bosch Ltd - Stock Valuation and Financial Performance

BSE: 500530 | NSE: BOSCHLTD | Auto Ancillary | Mid Cap

Bosch Share Price

34,087.75 -164.50 -0.48%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Bosch

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Bosch stock performance -

mw4me loader
P/E Ratio (SA):
48.48
Market Cap:
1,01,022.4 Cr.
52-wk low:
20,500
52-wk high:
39,052

Is Bosch Ltd an attractive stock to invest in?

1. Is Bosch Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bosch Ltd is a good quality company.

2. Is Bosch Ltd undervalued or overvalued?

The key valuation ratios of Bosch Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Bosch Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bosch Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Bosch:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bosch Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 28.3%24.6%23.1%21.8%24.6%10.1%6.1%14.9%17.5%28%-
Value Creation
Index
1.51.21.10.91.2-0.1-0.50.30.61.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9,6689,70110,43511,69012,0859,8429,71811,78214,92916,72717,150
Sales YoY Gr.-0.3%7.6%12%3.4%-18.6%-1.3%21.2%26.7%12%-
Adj EPS 322.5484.2474.4476.8548.62,367.8342.4417.5497.7644.8706.6
YoY Gr.-50.1%-2%0.5%15%331.6%-85.5%21.9%19.2%29.6%-
BVPS (₹) 1,871.93,036.62,885.13,272.63,093.63,142.23,329.53,6233,7334,089.24,318.8
Adj Net
Profit
1,0131,5201,4481,4551,6186,9841,0101,2311,4681,9022,084
Cash Flow from Ops. 1,1171,3181,4571,7295931,3368352711,2141,253-
Debt/CF from Ops. 0.1000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.3%6.7%19.8%12%
Adj EPS 8%3.3%23.5%29.6%
BVPS9.1%5.7%7.1%9.5%
Share Price 6.3% 16.6% 24.2% 64.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
18.61815.815.516.975.910.61213.516.516.8
Op. Profit
Mgn %
16.619.518.818.218.1100.711.612.512.512.512.9
Net Profit
Mgn %
10.515.713.912.513.47110.410.59.811.412.2
Debt to
Equity
00000000000
Working Cap
Days
160187156156170206195176162165104
Cash Conv.
Cycle
2526191422281311131649

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.80%

Sales growth is growing at healthy rate in last 3 years 19.84%

Net Profit is growing at healthy rate in last 3 years 23.49%

Sales growth is not so good in last 4 quarters at 7.32%

Latest Financials - Bosch Ltd.

Standalone Consolidated
TTM EPS (₹) 706.6 707
TTM Sales (₹ Cr.) 17,150 17,150
BVPS (₹.) 4,318.8 4,317.2
Reserves (₹ Cr.) 12,708 12,704
P/BV 7.93 7.93
PE 48.48 48.45
From the Market
52 Week Low / High (₹) 20500.00 / 39052.00
All Time Low / High (₹) 67.50 / 39052.00
Market Cap (₹ Cr.) 1,01,022
Equity (₹ Cr.) 29.5
Face Value (₹) 10
Industry PE 51.1

Management X-Ray of Bosch:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Bosch

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales12,0869,70110,43511,69012,0859,8429,71811,78214,92916,727
Operating Expenses 10,1047,8238,4759,5979,9318,3588,60410,33013,12614,632
Manufacturing Costs792635689902985765823625879839
Material Costs6,4574,9705,3096,3016,6755,3095,7737,2999,46310,834
Employee Cost 1,6631,3031,3431,3571,3511,2699321,0671,1461,341
Other Costs 1,1929151,1341,0379201,0151,0771,3401,6391,619
Operating Profit 1,9811,8781,9602,0932,1541,4831,1141,4521,8032,095
Operating Profit Margin (%) 16.4%19.4%18.8%17.9%17.8%15.1%11.5%12.3%12.1%12.5%
Other Income 565604617512595547552402477723
Interest 1413273131014291251
Depreciation 548386456467402383341324386430
Exceptional Items -2800-940-717-74400844
Profit Before Tax 1,9562,0822,0942,0412,3349205671,5001,8823,181
Tax 61857065067074133585283458691
Profit After Tax 1,3381,5121,4441,3711,5935854831,2171,4252,491
PAT Margin (%) 11.1%15.6%13.8%11.7%13.2%5.9%5.0%10.3%9.5%14.9%
Adjusted EPS (₹)426.0481.6473.5449.4540.1198.2163.6412.6482.9844.2
Dividend Payout Ratio (%)20%18%35%22%19%53%70%51%99%44%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 7,3479,5358,8009,9819,1269,2699,82210,68811,01212,063
Share Capital 31313131303030303030
Reserves 7,3169,5048,7699,9519,0979,2409,79310,65810,98312,034
Minority Interest0000000000
Debt541500000000
Long Term Debt541500000000
Short Term Debt0000000000
Trade Payables1,2071,3091,3402,0231,5781,6052,2232,2402,7252,568
Others Liabilities 3,3131,7231,9172,1092,3292,4502,4922,2562,5783,037
Total Liabilities 11,92112,58212,05714,11313,03213,32514,53715,18416,31617,668

Fixed Assets

Gross Block4,7911,6172,1972,4502,6833,2463,4173,5834,0084,179
Accumulated Depreciation3,8234688771,3091,6722,0502,3082,5552,8083,066
Net Fixed Assets9681,1491,3191,1411,0111,1951,1091,0281,2001,113
CWIP 276151129313644487488606366224
Investments 2,8904,4503,9275,2404,0544,0425,1575,5285,0235,125
Inventories1,2761,1921,1801,2261,4441,1161,2991,7291,9031,893
Trade Receivables1,1881,3231,1861,6161,5681,4131,3891,5341,9032,182
Cash Equivalents 1,8961,8321,7181,8881,2532,2562,4511,7052,0572,593
Others Assets3,4282,4872,5982,6893,0592,8162,6453,0543,8654,538
Total Assets 11,92112,58212,05714,11313,03213,32514,53715,18416,31617,668

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1,3961,3181,4571,7295931,3368352711,2141,253
PBT 1,9562,1092,4662,0412,3411,0075671,5001,8823,181
Adjustment -13-294-669-95-277-230-93-23-16-1,026
Changes in Working Capital 144148385459-6891021630-940-250-206
Tax Paid -691-645-725-676-782-461-270-266-403-696
Cash Flow From Investing Activity -1,183-9951,246-1,1701,766-873-463-33262283
Capex -409-422-632-484-580-423-195-407-640-326
Net Investments -1,015-7741,148-9082,057-717-675409680-401
Others 240201730221289267407-352221,010
Cash Flow From Financing Activity -237-356-2,670-325-2,531-399-338-383-1,239-1,452
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -70-57-500000000
Interest Paid -9-4-3-1-60-2-15-6-2
Dividend Paid -173-267-496-274-305-310-310-339-1,209-1,431
Others 14-28-2,121-50-2,220-90-27-29-24-18
Net Cash Flow -24-3333234-1726434-14623684
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)19.6117.9215.7514.616.686.365.0511.8713.1321.59
ROCE (%)28.2824.5923.0821.7724.5710.116.0914.9117.4628.01
Asset Turnover Ratio1.150.850.910.910.890.750.70.790.950.98
PAT to CFO Conversion(x)1.040.871.011.260.372.281.730.220.850.5
Working Capital Days
Receivable Days32444143485553454245
Inventory Days35433937404745474441
Payable Days64929197981091211129689

Bosch Ltd Stock News

Bosch Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Bosch on 21-Nov-2024 16:59 is ₹34,087.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Bosch stood at ₹1,01,022.4.
The latest P/E ratio of Bosch as of 21-Nov-2024 16:59 is 48.48.
The latest P/B ratio of Bosch as of 21-Nov-2024 16:59 is 7.93.
The 52-week high of Bosch is ₹39,052 and the 52-week low is ₹20,500.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bosch is ₹17,150 ( Cr.) .

About Bosch Ltd

Bosch Limited is the flagship company of Robert Bosch Company in India. The Company 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 equipments, electrical power tools, security systems and industrial and consumer energy products and solutions. The Company’s shares are listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Business area of the company

The company is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has, in India, the largest development center outside Germany, for end to end engineering and technology solutions.

Products and services

  • Mobility: Bosch develops innovative solutions that facilitate new mobility offerings. Whether for private or commercial vehicles, multimodal transportation services, fleet management, or smart transport infrastructure, Bosch brings together vehicle technology, the data cloud, and services to offer complete mobility solutions.
  • At home: Bosch offers individual solutions for home to make life a bit easier every day.
  • Industry and trades: Bosch offers innovative products and services for industry and trades.

Awards / recognition

2005:

  • Overdrive-Auto Monitor Award - ‘Auto component manufacturer of the year’.

2006:

  • NDTV Profit Car India Award - ‘Safety & Technology Award’.
  • EEPC Award - ‘Star Performer for outstanding export performance’.
  • Dun & Bradstreet American Express Corporate Award - ‘Top Indian Company in the Auto Components sector’.

2007:

  • CNBC-TV18 Autocar Auto Award - ‘Auto Component manufacturer of the year’.
  • NDTV Profit Car & Bike Award 2007 - ‘Automotive Technology of the year’.

2008: 

  • NDTV Car & Bike Award - ‘Car Technology of the year’.
  • Business Standard Award ‘Star MNC of the year’.

2009:

  • UTVi Autocar Award.
  • NDTV Car & Bike Award - ‘Auto component manufacturer of the year 2009’.
  • DHL - CNBC TV18 International Trade Award.

2011:

  • Bosch Wins ‘Car & Bike’ Award 2011

2012:

  • Bosch Limited wins Car & Bike Award 2012

2013:

  • The Federations of Karnataka Chambers of Commerce & Industry (FKCCI) conferred the ‘Star Exporter’ award in 2013.
  • The Company was named as the ‘Star MNC of the year’ by India’s one of the leading financial newspaper Business Standard.
  • ‘Best Supplier 2013’ was bestowed by Tata Motors Limited at the Annual Supplier Conference held at Macau.

2014-15:

  • Fortune India’s third annual survey of the country’s most admired companies ranked the Company number one in the Auto Components sector.
  • The Company received the Export Excellence Award 2014 for ‘Best Manufacturer Exporter’ from the Federation of Karnataka Chambers of Commerce & Industry (FKCCI).

2015-16:

  • Supplier Excellence Award from Mahindra & Mahindra for Best Cost Management Performance
  • Best Supplier award in the category of spares, quality and reliability of original equipment services at Tractors and Farm Equipment Limited’s Global Suppliers’ Meet.
  • Award for delivery from Tata Motors
  • Winner in the ‘Delivery and Performance’ category at the Escorts Partner Meet.
  • Quality award from Ford
  • Dun & Bradstreet Corporate Award 2015 for the Auto Components sector
  • ‘Product Upgradation through Innovation’ by SML Isuzu Ltd.
  • For the second consecutive year, the Company won the Best Solar Project in India award in the category of Industrial & Commercial use for excellence in engineering and execution of commissioning of Solar Plant at Cochin International Airport.

2017-18:

  • National Safety Award by Government of India in two categories : Accident free years and Lowest Average Frequency Rate - Jaipur Plant
  • Confederation of Indian Industry: Business Practices Competition Award - Bengaluru Plant
  • 3R Award 2018 - Nashik Plant
  • Quality and OPPM awards from Toyota Kirloskar Motors
  • Business Award from Maruti Suzuki India Limited
  • Best New Product Development Award from Greaves
  • PHD Annual Award 2017 for outstanding contribution to Social Welfare - Jaipur Plant
  • Best Supplier Quality Award from General Motors, India - Nashik Plant

2018-19:

  • Supplier Support Award from Mahindra Swaraj
  • Customer Driven Six Sigma Project recognized by Ford India - Nashik Plant
  • ‘Growth Through Comprehensive Excellence’ at the Maruti Suzuki Vendor Conference
  • ‘Best Supplier Award’ by VECV at the Annual Supplier Conference 2018

2019-20:

  • CII Industrial Innovation Awards 2019 - Top 25 Innovative Companies
  • Ashok Leyland Supplier SAMRAT Competition at National Level - Nashik Plant
  • ‘Outstanding Contribution to Overall Quality Excellence’ from Volvo Eicher Commercial Vehicles Ltd for the year 2018-2019
  • Mahindra - Business Partner of the Year - Farm  Division
  • BML Munjal Award
  • CII - Prize for Leadership in HR Excellence
  • CSR Project of the Year - BRIDGE
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