Choosing the best stock to invest in might be challenging in today’s volatile market. Due to shifting market conditions and the unpredictability of the global economy, investors are constantly searching for companies that offer consistent returns. Bosch Ltd., a well-known international provider of technology and services, is one such stocks that has attracted investor interest.
Investors are talking about the company’s share price goal for 2024 to 2030 because of its strong presence in a variety of industries and constant growth over time. In this article, we’ll examine Bosch’s finances in more detail, assess its growth prospects, and decide whether it’s a wise stock to own for long-term investors.
About Bosch
Bosch, a global leader in technology and services, has a significant presence in India, spanning across sectors like Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a testament to its commitment to innovation, Bosch operates its largest development center outside Germany in India, offering comprehensive engineering and technology solutions.
The conglomerate’s vast network in the country encompasses twelve distinct companies, from its flagship, Bosch Limited, to others like Bosch Rexroth and BSH Home Appliances Private Limited. Since establishing its manufacturing operations in India in 1951, Bosch has expanded to boast 16 manufacturing sites and seven dedicated development and application centers.
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When | Maximum Price | Minimum Price |
May 2024 | 33,327.72 | 28,980.63 |
June 2024 | 34,527.52 | 30,023.93 |
July 2024 | 34,182.24 | 29,723.69 |
August 2024 | 35,549.53 | 30,912.64 |
September 2024 | 36,971.51 | 32,149.14 |
October 2024 | 36,246.58 | 31,518.77 |
November 2024 | 37,333.98 | 32,464.33 |
December 2024 | 38,267.33 | 33,275.94 |
Bosch’s share price targets for 2024 show a potential rise, with prices ranging from ₹28,980.63 to ₹38,267.33. With a market cap of ₹91,014 Cr. and a current price of ₹30,859 as of May 18th, 2024, the stock has a P/E of 54.0 and a high/low of ₹32,100/₹17,925.
When | Maximum Price | Minimum Price |
January 2025 | 39,032.68 | 30,025.14 |
February 2025 | 40,033.51 | 30,795.01 |
March 2025 | 41,594.82 | 31,996.02 |
April 2025 | 40,779.24 | 31,368.64 |
May 2025 | 39,591.49 | 30,454.99 |
June 2025 | 41,373.11 | 31,825.47 |
July 2025 | 40,561.87 | 31,201.44 |
August 2025 | 41,816.36 | 32,166.43 |
September 2025 | 43,279.93 | 33,292.26 |
October 2025 | 44,405.21 | 34,157.86 |
November 2025 | 45,515.34 | 35,011.80 |
December 2025 | 46,653.23 | 35,887.10 |
When | Maximum Price | Minimum Price |
January 2026 | 48,052.82 | 36,963.71 |
February 2026 | 49,284.95 | 37,911.50 |
March 2026 | 51,207.06 | 39,390.05 |
April 2026 | 50,203.00 | 38,617.69 |
May 2026 | 48,740.78 | 37,492.91 |
June 2026 | 50,934.11 | 39,180.09 |
July 2026 | 49,935.40 | 38,411.85 |
August 2026 | 51,479.80 | 39,599.84 |
September 2026 | 53,281.59 | 40,985.84 |
October 2026 | 54,666.91 | 42,051.47 |
November 2026 | 56,033.58 | 43,102.76 |
December 2026 | 57,434.42 | 44,180.33 |
When | Maximum Price | Minimum Price |
January 2027 | 58,583.11 | 45,063.93 |
February 2027 | 60,085.24 | 46,219.42 |
March 2027 | 62,428.57 | 48,021.98 |
April 2027 | 61,204.48 | 47,080.37 |
May 2027 | 59,421.82 | 45,709.10 |
June 2027 | 62,095.81 | 47,766.00 |
July 2027 | 60,878.24 | 46,829.42 |
August 2027 | 62,761.07 | 48,277.75 |
September 2027 | 64,957.71 | 49,967.47 |
October 2027 | 66,646.61 | 51,266.62 |
November 2027 | 68,312.78 | 52,548.29 |
December 2027 | 70,020.60 | 53,862.00 |
When | Maximum Price | Minimum Price |
January 2028 | 71,421.01 | 54,939.24 |
February 2028 | 73,252.32 | 56,347.94 |
March 2028 | 76,109.16 | 58,545.50 |
April 2028 | 74,616.82 | 57,397.55 |
May 2028 | 72,443.51 | 55,725.78 |
June 2028 | 75,703.47 | 58,233.44 |
July 2028 | 74,219.09 | 57,091.61 |
August 2028 | 76,514.53 | 58,857.33 |
September 2028 | 79,192.53 | 60,917.33 |
October 2028 | 81,251.54 | 62,501.19 |
November 2028 | 83,282.83 | 64,063.71 |
December 2028 | 85,364.90 | 65,665.31 |
When | Maximum Price | Minimum Price |
January 2029 | 87,072.20 | 66,978.61 |
February 2029 | 89,304.82 | 68,696.01 |
March 2029 | 92,787.71 | 71,375.16 |
April 2029 | 90,968.34 | 69,975.65 |
May 2029 | 88,318.78 | 67,937.52 |
June 2029 | 92,293.12 | 70,994.71 |
July 2029 | 90,483.45 | 69,602.66 |
August 2029 | 93,281.91 | 71,755.31 |
September 2029 | 96,546.78 | 74,266.75 |
October 2029 | 99,056.99 | 76,197.69 |
November 2029 | 101,533.42 | 78,102.63 |
December 2029 | 104,071.75 | 80,055.19 |
When | Maximum Price | Minimum Price |
January 2030 | 106,153.19 | 81,656.30 |
February 2030 | 108,875.06 | 83,750.05 |
March 2030 | 113,121.19 | 87,016.30 |
April 2030 | 110,903.13 | 85,310.10 |
May 2030 | 107,672.94 | 82,825.34 |
June 2030 | 112,518.22 | 86,552.48 |
July 2030 | 110,311.98 | 84,855.37 |
August 2030 | 113,723.69 | 87,479.76 |
September 2030 | 117,704.02 | 90,541.56 |
October 2030 | 120,764.33 | 92,895.64 |
November 2030 | 123,783.44 | 95,218.03 |
December 2030 | 126,878.02 | 97,598.48 |
Financial Condition of Bosch: Last 5 years
March 2019 | March 2020 | March 2021 | March 2022 | March 2023 | |
---|---|---|---|---|---|
Sales | 12,085 | 9,842 | 9,718 | 11,782 | 14,929 |
Expenses | 9,931 | 8,358 | 8,555 | 10,325 | 13,123 |
Operating Profit | 2,154 | 1,483 | 1,163 | 1,457 | 1,807 |
Other Income | 600 | -105 | -241 | 396 | 473 |
Interest | 13 | 10 | 14 | 29 | 12 |
Depreciation | 402 | 383 | 341 | 324 | 386 |
Profit before Tax | 2,339 | 985 | 567 | 1,500 | 1,882 |
Net Profit | 1,598 | 650 | 482 | 1,217 | 1,424 |
EPS (in Rs) | 541.81 | 220.32 | 163.59 | 412.70 | 482.99 |
Dividend Payout (%) | 19 | 48 | 70 | 51 | 99 |
Analyzing Bosch’s financial data from March 2019 to March 2023 reveals key insights into the company’s performance. Despite a temporary sales decline in March 2020 to 9,842, Bosch showcased resilience and achieved significant growth, with sales reaching 14,929 by March 2023. Operating profit remained stable, ranging from 1,483 to 1,807, demonstrating efficient cost management.
Other income fluctuated from -105 to 473, contributing to overall profitability. Interest expenses remained low, while depreciation costs remained stable. Profit before tax varied from 985 to 1,882, indicating potential market and investment influences. Net profit increased from 650 to 1,424, reflecting sustained profitability. With a rising EPS from 220.32 to 482.99, Bosch demonstrates value creation for shareholders. These financial indicators suggest Bosch’s financial health and potential for future growth.
FAQS
As of May 18th, 2024, the current share price of Bosch is INR 30,859.
According to market analysts and financial experts, the share price target for Bosch for 2025 is estimated to be between ₹30,025.14 to ₹46,653.23.
Bosch has the potential to reach a share price target of INR 50,000 sometime in 2026.
Factors such as changes in the global economic conditions, fluctuations in foreign exchange rates, technological disruptions, competitive pressures, and changes in government policies and regulations could affect Bosch’s share price target.
What is the company’s revenue growth trend in recent years?
The company has displayed a positive revenue growth trend in recent years, with compounded sales growth of 15% over the past three years and a substantial growth of 27% in the trailing twelve months.
What is the company’s OPM (operating profit margin) trend in recent years?
Bosch Ltd’s OPM has declined slightly over the past few years, with an OPM of 12% in March 2023, down from 18% in March 2019.
What is the company’s market position?
Bosch Ltd is a market leader in several segments, including automotive technology, industrial technology, and consumer goods. The company has a strong brand reputation and a global presence, which helps to maintain its position in the market.
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Future Plans of Bosch
Bosch, a global technology and services company, has been laying out its vision for the future, with a particular focus on the electric vehicle (EV) market. Recognizing India’s growing importance in the EV segment, the company is aligning its portfolio to meet the country’s unique requirements. Additionally, Bosch is increasing its emphasis on localization efforts, ensuring that products and solutions are more tailored to the regional needs. While Bosch is fully prepared to embrace TREM V technology, the possibility of legislation postponement could affect its immediate implementation. Furthermore, Bosch is placing significant importance on the two-wheeler electric powertrain components, emphasizing its commitment to requirements engineering.
Bosch’s Electric Vehicle Focus:
- Aligning portfolio to meet requirements in India.
- Working on localization.
- Prepared for TREM V technology, but legislation may be postponed.
- Focusing on requirements engineering for two-wheeler electric powertrain components.
Margins and Localization:
- Margins influenced by mix of traded goods and manufactured goods.
- Focus on increasing localization.
Business Relationships:
- Business relationships with Tesla primarily in the US and China.
- Uncertain Indian scenario for Tesla.
CAPEX:
- Planned CAPEX of approximately 4.9 billion for the current year.
Conclusion
The financial analysis of the company highlights several positive aspects. With 7 manufacturing facilities spread across 35 locations in India, Bosch Ltd demonstrates a strong operational presence. The company’s plans to expand its service centers and unit repair facilities by significant numbers indicate a commitment to better serving clients nationwide. Furthermore, Bosch Ltd’s strategic investments in hydrogen-based technologies for both mobility and stationary applications demonstrate a forward-looking approach to expanding its portfolio.
The compounded sales growth over the past 10 years at 6% and the impressive 27% growth in the trailing twelve months indicate a consistent upward trend.Similarly, the compounded profit growth figures of 5% over 10 years and 17% in the trailing twelve months reflect the company’s ability to generate sustainable profits. These factors position Bosch Ltd as a promising investment opportunity with potential for long-term growth.
With Capex of almost 5 billion INR for the current year, Bosch looks to be a good hold.
Disclaimer: At the time of writing, I personally am not holding Bosch
What did we learn?
- 1 About Bosch
- 2 How to purchase Bosch shares?
- 3 Bosch Share Price Target: 2024 to 2030
- 4 Financial Condition of Bosch: Last 5 years
- 5 FAQS
- 5.1 What is the current share price of Bosch?
- 5.2 What is the share price target for Bosch for 2025?
- 5.3 Can Bosch reach a share price target of INR 50,000?
- 5.4 What factors may affect Bosch’s share price target?
- 5.5 What is the company’s revenue growth trend in recent years?
- 5.6 What is the company’s OPM (operating profit margin) trend in recent years?
- 5.7 What is the company’s market position?
- 6 Future Plans of Bosch
- 7 Conclusion