BOSCHLTD

Fundamental Analysis

is a diversified technology and engineering company in India with strong presence across four verticals: Mobility Solutions (86% of FY24 revenue), Consumer Goods (10%), and Energy & Building Technology (4%). Within mobility, it offers advanced powertrain solutions—including those for EVs, CNG, flex-fuels, and hydrogen engines—and operates India's largest automotive aftermarket network with 50,000+ retail touchpoints. Bosch is also entering the home inverter battery segment. The consumer goods division, especially power tools, saw ~16% growth in FY24, aided by a new engineering centre in Chennai and targeted marketing. Its building technology and energy efficiency solutions are deployed across critical sectors like transportation, healthcare, and government. Bosch operates seven manufacturing plants across 35 Indian locations and exports to 39 countries (~8% of revenue). It is investing in EV ecosystem solutions through a dedicated “Project House Electrification” and developing charging and connected services. The company restructured in FY24 by transferring its OE/OES Diagnosis business (~0.22% of revenue) to a Bosch Group subsidiary. Bosch Ltd is 70% owned by the Bosch Group, a global leader with operations in over 60 countries. This backing provides deep technical expertise and global integration, positioning Bosch to lead innovation in sustainable mobility and smart infrastructure solutions.