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Earnings Call Transcript

Bosch Earnings Call Transcript: Key Takeaways

Bosch delivered a resilient Q1 performance with 22% YoY revenue growth, driven by strong automotive demand. EBITDA margins expanded to 14% through localization and cost optimization despite global headwinds.

Highlights
Revenue growth22% YoY revenue growth driven by strong automotive sector demand.
MarginsEBITDA margins expanded to 14% via higher localization and productivity.
Demand visibilityStrong visibility in SUVs, HCVs, and premium two-wheelers through FY27.
Management confidenceBalanced and optimistic, citing resilient domestic demand and localization success.

Growth

Growth is volume-led across most segments, particularly Power Solutions and Two-Wheelers, which grew 29% and 41.4% respectively.

Outlook

RBI raised India real GDP forecast to 6.7%; company anticipates sustained growth momentum through FY27.

Risks

Potential El Nino impact on monsoons, geopolitical West Asia disruptions, and sustained premiumization reliance present downside risks.

Last quarter's promises, checked

Delivered

  • Guided 100% OEM delivery commitment → delivered 100% (= BEAT)
  • Guided Power Solutions net sales >INR130bn for 2025 → delivered >INR130bn (= BEAT)
  • Guided ramp-up of OBD2 exhaust sensors → delivered 63.4% segment growth (= BEAT)

Partly delivered

  • Guided flattish FY27 outlook → delivered 22% growth in Q1 (= BEAT/PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: BOSCHLTD. Summary written with AI assistance from the document.

Read the document ↗

Bosch Ltd: key numbers

Share price
₹48,250.00
Market cap
₹1,42,319 Cr
Revenue (annual)
₹20,035 Cr
Net profit (annual)
₹2,773 Cr
P/E (TTM)
60.2×Sector 33.6×
Promoter holding
70.54%+0.00% QoQ
FII holding
7.10%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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