Bosch Ltd.Revenue +22%, EBITDA +28%, Chassis Deal Closed

Bosch Limited reported Q1 FY27 revenue of ₹5,842 Cr, up 22% year on year and 5% sequentially, and EBITDA of ₹818 Cr, up 28%, an EBITDA margin of about 14%.

Profit after tax was ₹702 Cr, down 37.1% because last year included a gain from selling the Building Technologies businesses; excluding that it grew 9.9%, and it rose 23.4% sequentially on revenue growth and higher mutual fund gains. Mobility revenue grew 25.7%, led by Power Solutions at 29%, two-wheelers at 41.4%, aftermarket at 9.6% and consumer goods at 20.9%. Management said margin gains from operational excellence, localisation, volume, productivity and mix should be sustained, and the product mix looks favourable through FY27.

Bosch completed the acquisition of Chassis Systems from a Bosch sister company in July, with consolidated results from next quarter, and is setting up joint ventures for e-axles and air systems that await merger control clearances. CAFE Phase 3 from April and CV ADAS from October next year are seen as growth boosts.