*Bosch Ltd.* | *CMP* Rs. 15069 | *M Cap* Rs. 44444 Cr | *52 W H/L* 20500/12699
(Nirmal Bang Retail Research)
*Result is below expectations*
Revenue from Operations came at Rs. 2312.7 Cr (-16.8% QoQ, -27.8% YoY) vs expectation of Rs. 2540.1 Cr, QoQ Rs. 2778.8 Cr, YoY Rs. 3201.1 Cr
EBIDTA came at Rs. 336.9 Cr (-30.2% QoQ, -43.5% YoY) vs expectation of Rs. 398.2 Cr, QoQ Rs. 482.9 Cr, YoY Rs. 596.2 Cr
EBITDA Margin came at 14.6% vs expectation of 15.7%, QoQ 17.4%, YoY 18.6%
Adj. PAT came at Rs. 228.6 Cr vs expectation of Rs. 328.6 Cr, QoQ Rs. 362.1 Cr, YoY Rs. 420 Cr
Quarter EPS is Rs. 77.5
Share is trading at P/E of 30.5x FY20E EPS