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Bosch Limited (BOSCHLTD) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹1.2T (≈ $13.0B) · ISIN INE323A01026

What is Bosch Limited really worth?

BL Bosch Limited BOSCHLTD · NSE
Price₹46,820
Fair Value₹13,061
Upside−72.1%
Quality70/100

A solid business, but trading 258% above our fair value of ₹13,061.

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Strengths

Healthy Growth (revenue 5y +15.9 %/yr)
Solidly profitable · 14.0% net margin
Low debt · generates free cash flow
Wide moat 68/100

Risks

!Mixed vs. peers (8/14)
!Weak on dividend: 12 out of 100

For context

·0.58% dividend yield
Evidence: High Range ₹8,412 – ₹17,481

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 22 days ago

Fair value updated Aug 13, 2026, revised from ₹14,004 to ₹13,061 (−6.7%) since Jul 16, 2026. Share price +9.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • A high-quality business (quality 70/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (₹17,481). The favourable scenario is already priced in.
  • A fairly wide model range (₹8,412 to ₹17,481) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

₹50,000 ₹12,373 Fair Value ₹13,061 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹12,373 – ₹50,000 · fair‑value band ₹8,412 – ₹17,481 · the ₹46,820 price screens above the ₹13,061 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Bosch Limited (BOSCHLTD) currently trades at ₹46,820, while our model-based Fair Value estimate is ₹13,061, implying the stock looks roughly 258.4% overvalued today. The Quality Score stands at 70/100 (solid quality), in the Consumer Cyclical sector. Bull case: the Growth Earnings group reads highest at a median of ₹16,378 per share, and 0 of the 26 models we run sit above the ₹46,820 price. Bear case: the Asset-Based group reads lowest at ₹3,372, and 26 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Bosch Limited generated revenue of ₹200B at a net margin of 13.8%. Revenue grew 18.0% year over year. It earns a return on equity of 19.4%. The balance sheet holds a net cash position of ₹2.8B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹8,412 (bear case) to ₹17,481 (bull case); at ₹46,820, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 64% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at −72%, BOSCHLTD screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹290.52 per share, which is 2.2 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence ₹10,140 ₹17,562 ₹30,370 78
Growth DCF ₹10,207 ₹17,429 ₹29,963 76
Owner Earnings ₹12,592 ₹21,832 ₹37,780 74
All 26 models by family
DCF Models
FCF DCF best evidence ₹10,140 ₹17,562 ₹30,370 78
Owner Earnings ₹12,592 ₹21,832 ₹37,780 74
5Y Revenue Exit ₹7,117 ₹11,338 ₹16,832 72
5Y EBITDA Exit ₹8,380 ₹13,840 ₹20,425 74
5Y P/E Exit ₹12,949 ₹22,884 ₹33,898 70
10Y Revenue Exit ₹7,851 ₹12,154 ₹18,251 66
10Y EBITDA Exit ₹8,889 ₹13,987 ₹21,211 67
10Y P/E Exit ₹11,936 ₹20,615 ₹32,311 62
Earnings-Based
Graham-Dodd ₹6,393 ₹25,501 ₹34,658 64
Lynch FV ₹6,331 ₹9,045 ₹11,758 61
PEG = 1.0 ₹6,331 ₹9,045 ₹11,758 57
EPV ₹4,908 ₹5,750 ₹6,498 74
Dividend Discount
Gordon GGM ₹4,921 ₹10,743 ₹18,076 65
DDM Multi-Stage ₹4,921 ₹8,801 ₹11,196 66
Multiples
P/E Multiple ₹15,513 ₹20,684 ₹25,855 63
P/S Multiple ₹6,113 ₹8,151 ₹10,188 58
P/B Multiple ₹11,987 ₹15,983 ₹19,979 55
EV/EBIT ₹10,567 ₹14,044 ₹17,521 66
EV/EBITDA ₹8,286 ₹11,003 ₹13,720 67
EV/Revenue ₹5,842 ₹8,287 ₹10,733 54
Asset-Based
NCAV (Graham) ₹2,516 ₹3,372 ₹5,033 54
Growth DCF
Growth DCF ₹10,207 ₹17,429 ₹29,963 76
Rev-Margin DCF ₹7,117 ₹11,337 ₹16,559 72
Economic Profit
Residual Income ₹6,285 ₹7,915 ₹24,128 65
ROIC Compounder ₹4,908 ₹6,460 ₹8,696 71
Growth Earnings
Growth-Adj P/E ₹11,464 ₹16,378 ₹21,291 67

Widest divergence: Growth Earnings (₹16,378) versus Asset-Based (₹3,372). Highest evidence: FCF DCF (78).

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Key figures & financial health

P/E ratio 49.7
P/S ratio 6.89 P/E × margin
EPS (TTM) ₹941.14 price ÷ EPS = P/E 49.7
Dividend yield 0.6% payout 28.7%
Net margin 13.8% FY2026
Return on equity 19.4% TTM
More key figures
Profitability
Return on assets (EBIT) 20.2% avg 5y
Operating margin 12.5% TTM
Growth
Revenue (TTM) ₹198B TTM
Revenue growth (YoY) +13.2% 3y avg +10.8%
EPS growth (YoY) +3.0%
Balance sheet & cash flow
Free cash flow ₹22.9B FY2026
Net cash ₹2.8B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 68 · Market factors (momentum, volatility) 73

Profitability 63
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 68
Price trend over the last 3–12 months (market factor)
52W Momentum 74
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Bosch Limited engages in the manufacture and trading of automotive products in India and internationally. The company offers products, such as spark and glow plugs; nozzle holder, components, and fuel rail assembly; LAG, SAG, rotary drill, hammer, and marble cutter; impact drilling machine; fuel injection pump and components; blower; and machines and …

Full company description

Bosch Limited engages in the manufacture and trading of automotive products in India and internationally. The company offers products, such as spark and glow plugs; nozzle holder, components, and fuel rail assembly; LAG, SAG, rotary drill, hammer, and marble cutter; impact drilling machine; fuel injection pump and components; blower; and machines and components. It also provides diesel and gasoline fuel injection systems; automotive aftermarket products; industrial equipment; electrical power tools; security systems; and industrial and consumer energy products and solutions. In addition, the company offers internal combustion engines, thermal management systems, filters, batteries, lubricants, wiper blades, and diagnostic equipment and software; engages in hydrogen business; and operates authorized workshops and service centers. Further, it supplies power tools and related accessories, garden tools, and measuring technology. Additionally, the company provides video surveillance, intrusion detection, fire detection and voice evacuation systems, as well as access control and management systems; intercom systems, and professional audio and conference systems for communication of voice, sound, and music. The company was incorporated in 1951 and is headquartered in Bengaluru, India. Bosch Limited operates as a subsidiary of Robert Bosch Internationale Beteiligungen AG.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Bosch Limited reported revenue of ₹200B in FY2026 versus ₹116B in FY2022, a compound +14.5%/yr. Reported net income was ₹27.7B in FY2026, compounding +22.8%/yr from FY2022.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹200B
Latest YoY
+12.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.8%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.9%
Avg. revenue growth/yr (22Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.3%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+34.3% (33.7 + 0.6)
Revenue +14.5%/yr
FY22 ₹116B
FY23 ₹147B
FY24 ₹165B
FY25 ₹179B
FY26 ₹200B
Net income +22.8%/yr
FY22 ₹12.2B
FY23 ₹14.3B
FY24 ₹24.9B
FY25 ₹20.2B
FY26 ₹27.7B
Character of growth · EPS growth decomposed (2016-2026) +5.4 % p.a.
Revenue per share +8.1 %

of which total revenue +7.4 % · buybacks/dilution +0.7 %

EBIT margin −5.4 %
Tax rate +0.5 %
Residual (interest, one-offs) +2.6 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

BOSCHLTD screens 258% overvalued. Compare with O'Reilly Automotive, Inc →

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Cite: Fair Value Calculator (2026). "Bosch Limited Fair Value". https://www.fairvalue-calculator.com/stock/BOSCHLTD

Peer Group

Auto Parts · 640 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 70 · Top 25%
Fair Value upside −72% · Bottom 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 0.6% · Below median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 49.7× · Pricier than 75% of peers
P/B 8.23× · Pricier than 75% of peers
P/S (TTM) 6.17× · Pricier than 75% of peers
P/FCF 0.6× · Cheaper than median
EV/EBITDA 46.4× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 14
FUTURE66 · sector 21
PAST77 · sector 28
HEALTH100 · sector 95
DIVIDEND12 · sector 32

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
O'Reilly Automotive, Inc ORLY $88.50 $47.50 −46%
AutoZone, Inc AZO $2,932 $2,287 −22%
Hyundai Mobis Co 012330 450,500 KRW 643,909 KRW +43%
Fuyao Glass Industry Group 600660 ¥57.67 ¥84.47 +46%
Samvardhana Motherson International Limited MOTHERSON ₹165.30 ₹80.63 −51%
Magna International Inc MGA $65.57 $68.17 +4%
Genuine Parts Company GPC $137.51 $58.07 −58%
Ningbo Tuopu Group 601689 ¥45.82 ¥28.28 −38%
Bharat Forge Limited BHARATFORG ₹2,063 ₹393.20 −81%
Autoliv, Inc ALIVSDB kr 1,154 kr 198.76 −83%

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Frequently asked questions

Is Bosch Limited (BOSCHLTD) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹13,061 versus a price of ₹46,820, about −72% upside (overvalued).
What is the fair value of BOSCHLTD?
Our model-based fair value for Bosch Limited is ₹13,061 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹46,820.
What is the quality score of BOSCHLTD?
Bosch Limited has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Bosch Limited (BOSCHLTD)?
Bosch Limited reported trailing-twelve-month revenue of about ₹200B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of BOSCHLTD?
The net profit margin of Bosch Limited is about 13.8%, meaning it keeps roughly 13.8% of revenue as net income. Based on the latest reported figures.
Does Bosch Limited pay a dividend?
Bosch Limited currently shows a dividend yield of about 0.58% relative to its recent price (as of Aug 13, 2026).
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