Thank you for creating this thread.

Q2/CY-2011 results out...
The company follows Jan-Dec Financial Year

Six-month ended Jun 30, 2011 v/s Six-month ended Jun 30, 2010:

Total Income up 25.6% to 414.51 Cr from 3300.66 Cr.
EBIDTA up 24% to 772.72 Cr from 823.87 Cr.
Net Profit up 34.2% to 553.32 Cr from 412.3 Cr.

Note: Net profit helped by Interest earned which is up 85.5% to 90.82 Cr from 48.95.

EBIDTA margin is 18.6% V/s 18.9%
NET Pr margin is 13.4% V/s 12.5%

Raw material costs as a %ge to Income is 56% V/s 52.9%
Employee costs to sales is 10.9% V/s 12.7%
Other expenses to sales is 14.4% V/s 15.6%

Tax Rate is 31.3% V/s 31.7%

Reported EPS is 176.2 v/s 131.3

Reason for bumping into this old thread is:
Reasonably large company growing steadily Year on Year. Sort of steady compounder. Can it be considered for long-term portfolio Investment?
-

Thanks Shontou ji for pointing this out.

I am not going to consider this company even if it shows 100% profits.

My oldman's policy: Never buy into an MNC who has unlisted subsidiary. He held on to Hero Honda for a long long time and the moment Honda came up with its own subsidiary, he sold everything immediately. After that, Hero Honda stock multiplied many times but he did not regret his decision.

Regarding de-listing story, I do not play for such things - again thanks to my oldman!
-

Conference Call      
          Bosch
Capacity expansion to start showing up from Sep 2011 quarter


Bosch held conference call on 5th Aug 2011 to discuss results for the quarter ended June 2011. The call was addressed by V. K. Viswanathan - Managing Director.

Highlight of the Call
Capacity expansion in CY 2011 would start showing up from Sep 2011 quarter. Thus the depreciation cost would increase in Q3 CY 11 and Q4 CY 11 on account of this.
The company targets to maintain the raw material costs at 54-55% of sales.
The capex spend in H1 FY 2011 was around 10% of the planned capex Rs 500-600 crore for CY 2011.
In the quarter ended June 2011, Bosch - the flagship of the Bosch Group in India exceeded the market expectation with 33% growth in net profit to Rs 278.93 crore aided largely by impressive non operating performance and fall in effective tax rate though impacted at operating level. The topline grew by 21% to Rs 2059.28 crore aided by growth across diesel, starters, generators and trading business. However spike in raw material costs, product mix and unfavorable forex led to 30 bps fall in operating profit margin (OPM). The operating profit growth was limited to 19% to Rs 378.72 crore. Spike in other income on sale of marketable securities, interest income, marginal depreciation and fall in effective tax rate boosted the net profit by 33% to Rs 278.93 crore.
Exports grew by 26% to Rs 266 crore in June 2011 quarter and by 35% to Rs 508 crore in H1 FY 2012.
It exports to Europe, Asia Pacific, U.S. and South America directly and indirectly.
The share of utility vehicle and diesel cars in total sales mix is 20-25%.
Its marketshare in diesel vehicles is 65-70%.
All its plants are currently working at near 100%.