Bosch Limited · NSE:BOSCHLTD
Bosch — Investor Presentation (February 2016)
12 slides from Bosch's investor presentation, Feb 22, 2016
Slide 1: Bosch Limited
Bosch Ltd Bosch Limited Dr. Steffen Berns, Managing Director 1 Managing Director | Bosch Limited | 22.02.2016 | © Bosch Limited 2016. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property r
Slide 2: Agenda
Bosch Ltd Agenda 1 Automotive market development 2 Current technology topics 3 Carve-out of Starter Motors and Generators Business 4 Summary 5 Discussion 2 Managing Director | Bosch Limited | 22.02.2016 | © Bosch Limited 2016. All rights reserved, also regarding any disposal, exploitation, reproduct
Slide 3: Quarterly automotive production trend
Bosch Ltd Volumes in ‘000s Quarterly automotive production trend FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16 1700 20% 1650 15% 1600 1546 7% 10% 1550 1516 3% 5% 1500 7% 1458 1% 1455 4% 4% 1450 5% 3% 0% 0% 2% 1392 -1% 1% 1396 1380 1400 -2% -7% 1355 1357 1347 -5% 1350 -6% 1312 1334 1324 1324 -7% 1323 1
Slide 4: Current topics
Bosch Ltd Current topics Bosch Technology Exposition, India 2016 Exclusive “invitation only” exhibition Venue: Next to Auto Expo “Motor Show” , Greater Noida Gasoline Direct Injection Diesel Common Rail System 2 wh Engine Management Systems Exhaust aftertreatment Engine Management: EPM44 control
Slide 5: Bosch Ltd Business Divisions
Bosch Ltd Bosch Ltd Business Divisions Diesel Systems Gasoline Systems Packaging Technology Power Tools Automotive Starter Motors Energy & Building Solutions Aftermarket Security Technology & Generators and Thermo-Technology Business portfolio spanning automotive and non automotive sectors 5 Managin
Slide 6: Introduction: SG-IN Business
Bosch Ltd Introduction: SG-IN Business The Starter Motors and Generators division in India (SG-IN) operates under the entity of Bosch Limited: manufacture and sale Share of Bosch Ltd. Contribution to EBIT* T/O* of Bosch Ltd. Established in 1989, SG: 10% SG:1% break-even in 2013, currently operat
Slide 7: Dependency of SG-India on SG global
Carve out of SG Business from Bosch Ltd Dependency of SG-India on SG global ● SG-IN earns 35-40% of its revenues from exports, supported by Exports SG Global Product, ● Key SG-IN products are part of a global platform. The division is Technology highly dependent on SG Global for product and process
Slide 8: Rationale for SG-IN carve out from Bosch Ltd.
Rationale for SG-IN carve out from Bosch Ltd. SG Business • SG-IN has high dependency on SG global continuity • Local SG business cannot be run profitably without global SG support • About 500 employees would get affected in case SG-IN cannot be carved Employees out to the Bosch Group now, and subse
Slide 9: Premises for valuation and fairness opinion
Carve out of SG Business from Bosch Ltd Premises for valuation and fairness opinion Sale of SG-IN to a subsidiary of the Bosch Group (SG Holding Company) • As a “going concern”, by way of slump sale • The land of approximately 11 acres, on which SG is operating, will continue to belong to Bosch Li
Slide 10: Bosch Ltd approach: High on governance
Carve out of SG Business from Bosch Ltd Bosch Ltd approach: High on governance Independent valuation and fairness opinion KPMG: Recommended Enterprise Value of the SG Division as at 30 November 2015 is INR 486 Crore EY: Opined that the valuation by KPMG is fair and reasonable and additionally recomm
Slide 11: Summary
Bosch Ltd Summary Automotive production subdued over many years. Bosch Ltd. growing faster than market Bosch supports introduction of BS6. Working with OEMs to meet challenging timelines Bosch Group announced realignment of SG division on 9th June 2015 SG-IN cannot be run profitably without
Slide 12: The Bosch Values
Bosch Ltd. The 7 Bosch Values Future and Result Focus Fairness Openness and Trust Reliability, credibility and legality Responsibility Cultural Diversity Initiative and determination Robert Bosch 1861-1942 Founding Father of the Bosch Group “In the long term, an honest and fair approac