Bosch India (BOSCHLTD) Q4 24/25 earnings summary

Executive summary

• Revenue from operations increased 16% quarter-on-quarter and 8.1% year-over-year to INR 180,874 million, driven by strong growth in Power Solutions, Mobility Aftermarket, and off-highway segments.

• EBITDA grew 16.1% quarter-on-quarter and 10.3% year-over-year, reflecting revenue growth and improved material costs.

• PAT margin declined to 11.1% in FY25 from 14.9% in FY24, mainly due to tax adjustments, removal of indexation benefit, and absence of prior year exceptional gains.

• Strategic focus remains on clean mobility, innovation, localization, and expanding export opportunities.

• Final dividend of INR 512 per share recommended, up from INR 375 per share in the previous year.

Financial highlights

• Q4 FY25 revenue reached INR 49,106 million, up from INR 42,334 million in Q4 FY24.

• FY25 revenue from operations was INR 180,874 million, an 8.1% increase over FY24.

• Q4 FY25 EBITDA was INR 6,469 million, up from INR 5,572 million in Q4 FY24; full-year EBITDA was INR 24,905 million.

• PAT for FY25 was INR 20,133 million, representing 11.1% of revenue.

• Basic and diluted EPS for the year were INR 682.62, compared to INR 844.40 last year.

Outlook and guidance

• Anticipates continued growth in SUVs, CNG, electric vehicles, and off-highway segments, supported by infrastructure projects and government initiatives.

• Automotive market outlook for FY26 projects total vehicle production between 5.28 and 5.48 million units.

• Exports expected to see a slight increase, with new opportunities from the NOx sensor line and spark plugs.

• Focus on premiumization, technology adoption, and electrification to drive growth beyond industry averages.

• Optimism for continued growth in both mobility and non-mobility sectors, supported by infrastructural investments.