More Stories

Informist, Monday, Feb. 9, 2026

 

Please click here to read all liners published on this story

--Bosch: Auto industry outlook positive on record-high output in core areas
--CONTEXT: Comments by Bosch mgmt in post-earnings conference call
--Bosch: In advanced talks with several auto cos for e-axles
--Bosch: Not supplying e-axles to any auto company in India currently
--Bosch: Seeing good traction from replacement ops for CVs
--Bosch: Power tools division underperformed in Q3, other segments did well

 

By Anand JC and Gopika Balasubramanium

 

NEW DELHI/MUMBAI – Bosch Ltd. expects localisation efforts, product mix, and cost efficiencies to help drive margin growth going forward, Chief Financial Officer Karin Gilges told analysts in a post-earnings conference call on Monday. On being asked whether the recently announced trade deal between India and the European Union would affect the company's localisation plan, another top executive said the company has always preferred localisation irrespective of a trade pact between countries.

 

"The Bosch approach with or without FTA has always been (that) have localised production wherever the demand is. Our international production network always operates on that theme of producing in the region where it's relevant and where it's consumed," the executive said. The company may recalibrate its approach after studying the impact of the trade pact. "In all probability, this will only lead to further increased localisation for us as years go by, and we will continue to be on this localisation track," the official said.

 

Bosch announced its December quarter earnings late Friday. Its net profit for the quarter was INR 5.32 billion and revenue was INR 48.86 billion. "Looking ahead to fiscal year 2026, we anticipate a period of steady and robust growth for the automotive industry. The outlook is very positive as we expect three of the core segments, the passenger cars, tractors and toolers to achieve all-time high production levels," the auto ancillary firm said.

 

Amid increasing demand for electric vehicles in India, the company is in talks with a few automobile original equipment manufacturers to supply e-axles in the coming quarters. E-axles are electric drive systems for electric and hybrid vehicles, which integrate the electric motor, power electronics, and transmission into a single unit.

 

"E-axles are by far, value-wise, the largest value component which goes into an electric vehicle, apart from, of course, batteries and other things which the OEMs make themselves," the company said. Bosch does not supply this component to any company in India right now, but it is in advanced discussions on several projects with automakers, details of which will be made public soon, the company said.

 

Most of Bosch's operations grew in the December quarter, barring its power tools division. "For our power tools division, the last year was one of navigating a challenging market characterised by intense price pressure, particularly from competitors in China. This resulted in moderate growth for the division in both our quarterly and year-to-date results," the company said.

 

Bosch's mobility segment grew 14.9% on year in Apr-Dec, mainly because of its power solutions business that gained from growth in commercial vehicles and highway segments. Bosch has seen good traction from the replacement business for commercial vehicles. Going forward, the company expects the light commercial vehicle sub-segment to be a standout performer in the segment. 

 

At 1522 IST Monday, shares of the company were down nearly 2% at INR 35,655 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Ashish Shirke

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.