Bosch Limited — Q4FY26 earnings call summary

Filed 21 May 2026 · Company audio recording

Q4 FY26 EBITDA grew 20.8% YoY; FY26 EBITDA up 14.7% driven by revenue growth, material cost reduction, and expense control.
Domestic automotive segments expected steady/flattish volume growth; content per vehicle to increase with CAFE3 and ADAS regulations.
Flattish volume outlook reflects caution due to macro uncertainties and potential inflation impact.
Other expenses declined 9% YoY due to lower customer project costs and better fixed cost absorption.
FY27 outlook cautious optimism amid geopolitical risks, especially West Asia conflict impacting crude prices.
Commercial vehicle JV operations to start late FY27, with revenue from Q3 FY28.
Q4 FY26 revenue grew 13.3% YoY to ₹55.7bn; FY26 revenue up 10.8% to ₹200.3bn.
New JV with Brakes India and Wheels India to manufacture advanced electronically controlled air systems for commercial vehicles; first operations expected end FY27.