Bosch Limited — Q2FY27 earnings call summary

Filed 11 November 2026 · Official transcript

Capex focused on upgrading production lines to increase volume; INR350 Cr spent H1 FY27
H2 FY27 outlook modest due to inflation, weak monsoon, and high base effects
Q2 FY27 consolidated revenue grew 28.2% y-y to INR76.55bn; EBITDA up 23.2% to INR10.37bn; PAT rose 18.5%
Cost pass-through to customers has timing lag; full recovery uncertain due to market pushback
RBIC revenue grew 27.9% y-y; EBITDA margin pressured by raw material costs and forex; PAT up 18.9%
Two JVs with TVS and TACO progressing; production to start mid and end FY28 respectively
Standalone revenue grew 28.6% y-y; EBITDA increased 30.1%; PAT up 21.7%
CAFE 3 norms effective Apr 2027; Bosch well positioned with platform support