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Prameela Balakkala

20th May · SEBI-Registered Analyst

Bosch Home Comfort Q4 Profit Falls 27% YoY, Margins Under Pressure

$BOSCHLTD $BOSCH-HCIL Key Highlights Net Profit: ₹409M vs ₹561M YoY → -27% decline Revenue: ₹9.7B vs ₹9.33B YoY → +4% growth EBITDA: ₹678M vs ₹917M YoY → -26% decline EBITDA Margin: 7% vs 9.83% YoY → margin contraction of ~283 bps 🔎 Fundamentals Revenue growth modest, driven by appliances and comfort solutions demand. Profit decline reflects higher costs and weaker operating leverage. EBITDA margin contraction highlights pricing pressure and input cost inflation. 🏠 Business Focus Expanding in home appliances, heating, and cooling solutions. Strengthening presence in energy-efficient and smart home products. Leveraging Bosch’s global expertise in innovation and sustainability. ⚠️ Risks Raw material and energy cost volatility. Competitive pressures in consumer appliances market. Dependence on consumer discretionary spending cycles. 📈 Outlook Revenue growth momentum encouraging, but margin recovery is critical. Focus on premiumization and energy-efficient solutions may support profitability. Bosch Home Comfort positioning itself as a key player in smart and sustainable home solutions.

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