Bosch posted good Q1FY16 results

Bosch recently announced its June 2015 quarter results. The company's revenue increased by 6.83 per cent to Rs 2558 crore in Q1FY16 as compared to the same period in the previous financial year. Considering segment wise revenue the company earned 86.65 per cent from the Automotive segment and remaining 13.35 per cent from Others segment during June 2015 quarter.

Bosch's total expenditure increased by 5.6 per cent to Rs 2072 crore in Q1FY16 on yearly basis. The company's total expenditure increased predominantly due to a 21.43 per cent increment in purchase of traded goods expense during June 2015 quarter. However, its raw material cost and employee expense reduced by 7.10 per cent and 7.23 per cent respectively in Q1FY16 on yearly basis.

Bosch posted the EBITDA amounting to Rs 486 crore with a growth of 12.41 per cent in Q1FY16 as compared to same period in previous fiscal year. The company's EBITDA margin expanded by 94 basis points to 19 per cent in Q1FY16 on yearly basis. Its EBIT also rose by 19.85 per cent to Rs 410 crore in Q1FY16 on yearly basis as depreciation expense declined by 15.79 per cent to Rs 75.93 crore during the quarter. Bosch's PAT increased by 12.08 per cent to Rs 343.74 crore in Q1FY16 as compared to same period in previous financial year. The company's PAT margin 63 per cent to 13.44 per cent in Q1FY16 on yearly basis.

Bosch’s shareholding pattern indicates that FII holdings contracted by 47 basis points to 8.8 per cent and DII holdings expanded by 17 basis points to 10.69 per cent during June 2015 quarter. The share price of the company on BSE increased by 4.35 per cent to Rs 26600 on August 11, 2015. Its stock is trading at Rs 26250 on intraday basis. 

Bosch is an auto component manufacturer company which manufactures and trades in four business sectors, such as Automotive Technology, Industrial Technology, Consumer Goods, Energy and Building Technology. The Company’s manufacturing facilities are located at Bangalore, Naganathapura, Nashik, Jaipur and Goa. It operates in two segments such as Automotive Products and Others which are essentially non-automotive products. Bosch has presence across 10 locations and 7 application development centers across pan-India.