BOSCH LIMITED

Manufactures and sells automotive technology, components and systems to vehicle makers in India, alongside a smaller consumer goods business. In FY26, the Automotive products segment generated ₹17,807.4 crore (88.7% of segment revenue, EBIT ₹2,557.0 crore), serving passenger vehicles, commercial vehicles, two-wheelers, three-wheelers and tractors. Within Mobility, the Power Solutions division crossed the ₹130 billion sales mark in calendar year 2025, and the Two-Wheeler sub-segment grew 69.1% YoY driven by OBD2 ramp-up. The Consumer goods segment contributed ₹1,836.0 crore (9.1% of segment revenue, EBIT ₹121.6 crore), and Others contributed ₹428.5 crore (2.1%, EBIT ₹113.9 crore). FY26 consolidated revenue was ₹20,034.7 crore with an EBITDA margin of 20.27%; PAT of ₹2,773.2 crore was helped by a one-time gain on the divestment of the Video Solutions / Building Technologies business. The company is setting up two joint ventures — with Tata AutoComp for eAxles (first shipments targeted Q3 CY27) and with Brakes India and Wheels India (TSF Group) for electronically controlled air systems in commercial vehicles (operations start end-2026, series-ready 2028) — and made Bosch Chassis Systems India a wholly owned subsidiary on 1 July 2026. Materials made up 24.5% of revenue, employees 7.7%, other operating expenses 15.2% and depreciation 2.0%.