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Bosch Ltd (BOM:500530) Q3 2025 Earnings Call Highlights: Strong Revenue Growth Amidst ...

In This Article:

  • Revenue from Operations (Q3 FY25): INR 44,657 million, a growth of 6.2% over Q3 FY24.

  • Revenue from Operations (April-December '24): INR 131,768 million, a growth of 5.5% over the same period in the previous year.

  • EBITDA (Q3 FY25): INR 5,826 million, a growth of 0.7% over the same quarter of the previous year.

  • EBITDA (April-December '24): INR 16,628 million, a growth of 8.1% over the same period in the previous year.

  • EBITDA Margin (April-December '24): Improved from 12.3% to 12.6%.

  • Profit After Tax (Q3 FY25): 10.3% of revenue from operations, compared to 12.3% in the same quarter of the previous year.

  • Profit After Tax (April-December '24): 11.1% of revenue from operations, compared to 15.4% in the same period of the previous year.

  • Mobility Business Growth (Q3 FY25): 1.6% year-on-year.

  • Mobility Aftermarket Business Growth (Q3 FY25): 8.8% year-on-year.

  • Two-Wheeler Business Growth (Q3 FY25): 23.9% year-on-year.

  • Consumer Goods Business Growth (Q3 FY25): 8.8% year-on-year.

  • Building Technologies Business Growth (Q3 FY25): 7.6% year-on-year.

Release Date: January 28, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

  • Bosch Ltd (BOM:500530) reported a 6.2% growth in revenue from operations for the quarter, driven by strong performance in the Mobility Aftermarket, two-wheeler, and Consumer Goods businesses.

  • The two-wheeler business saw a significant growth of 23.9%, attributed to higher sales of exhaust gas sensors and the implementation of OBD II norms.

  • The Consumer Goods business grew by 8.8%, driven by increased demand for grinders, drills, cutters, spares, and accessories.

  • Bosch Ltd's EBITDA improved by 8.1% over the same period of the previous year, with EBITDA margins increasing from 12.3% to 12.6%.

  • The company showcased its innovative advancements at the Bharat Mobility Global Expo 2025, highlighting its commitment to shaping India's mobility future with advanced solutions.

Negative Points

  • Profit after tax decreased to 10.3% of revenue from operations compared to 12.3% in the same quarter of the previous year, impacted by restructuring costs.

  • The heavy commercial vehicle segment experienced subdued demand due to a slowdown in mining and construction activities and rising vehicle costs.

  • The light commercial vehicle market growth remained muted, affected by a slowdown in economic activity, particularly in urban centers.

  • The Consumer Goods segment experienced a seasonal decline in margins, attributed to inventory adjustments by dealers at the end of the calendar year.

  • Bosch Ltd made a provision of INR471 million for restructuring its operations to remain competitive in the Mobility business, impacting profitability.