Bosch Limited has informed the Exchange regarding 'Chairman's Speech'.
BOSCHLTD · price
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Awaiting price reaction for this filing.
Bosch Limited reported FY 2024-25 revenue of INR 18,087 crores, up 8.1% year-on-year, with EBIT growing 16.1% to INR 1,934 crores and profit after tax of INR 2,013 crores. Material cost as a percentage of revenue improved to 63.4% from 64.8%, driven by lower raw material costs and a favourable product mix. The Mobility Solutions business, contributing over 85% of net sales, grew 7%, led by strong 18.5% growth in the two-wheeler segment and 8.4% growth in aftermarket. For Q1 FY 2025-26, revenue rose 10.9% to INR 4,789 crores with PAT of INR 1,115 crores, boosted by INR 556 crores from the sale of its Building Technology business to Keenfinity India for INR 599 crores. The Board recommended a final dividend of INR 512 per share, taking total payout ratio to 75%, supported by a debt-free balance sheet and financial investments of INR 7,125 crores.
Strong operational performance with margin expansion, a generous 75% dividend payout, and a debt-free, cash-rich balance sheet is positive for shareholders. The Q1 results were partly lifted by a one-time divestment gain, so underlying growth should be assessed carefully.