Will Double-Digit Growth Continue for Bosch India As It Did This Quarter?

Bosch India Mobility Business: Bharath Stage (BS) Reforms To Drive Medium-Term Growth

Equity Analyst, LightStream Research

Aqila Ali

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

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We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
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Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/6143" target="_blank" data-smartkarma-citation="entities:6143:1" rel="noopener">Bosch Ltd (BOS IN)</a> reported strong growth during the recent financial year witnessing revenue increase by 5.6% YoY beating our estimates as well as the consensus estimates, while OP increased by 2.0% YoY slightly below consensus estimates. The company states that the main reason for the lower OPM was exceptional items such as gratuity. The gratuity limit was increased from INR1m to INR2m in India, resulting in an approximately INR1bn impact for Bosch India directly affecting its bottom line…</p>

Bosch Ltd (BOS IN) reported strong growth during the recent financial year witnessing revenue increase by 5.6% YoY beating our estimates as well as the consensus estimates, while OP increased by 2.0% YoY slightly below consensus estimates. The company states that the main reason for the lower OPM was exceptional items such as gratuity. The gratuity limit was increased from INR1m to INR2m in India, resulting in an approximately INR1bn impact for Bosch India directly affecting its bottom line…

Samvardhana Motherson International Ltd (MOTHERSO IN)

Bosch India: Correction Makes Stock Attractive on Adugodi Plant Investment and IIT Madras Tie-Up