Slide 1: Cover letter to stock exchanges
@ BOSCH Bosch Limited Post Box No:3000 Hosur Road, Adugodi Corporate Relationship Department The Manager Bangalore-560030 BSE Limited Listing Department Karnataka, India 1st Floor, New Trading Ring National Stock Exchange of India Ltd. Tel +91 80 67524938 Rotunda Building Exchange Plaza, C-1, Block
Slide 2: Safe Harbour
Annual Investor Meet 2022 | Bosch Ltd. Safe Harbour The contents of this presentation are for information purposes. The contents are intended, but not guaranteed, to be correct, complete, or absolutely accurate. This presentation also contains forward looking statements based on the currently held b
Slide 3: Annual Investor Meet 2022 - 100 Years of Bosch in India
100 Years of : Bosch in India Invented for life (Vail CELEBRATING YEARS ANNUAL INVESTOR MEET OF BOSCH IN INDIA 2022
Slide 4: Bosch Ltd. Executive Management
Annual Investor Meet 2022 | Bosch Ltd. Bosch Ltd. Executive Management Soumitra Bhattacharya Guruprasad Mudlapur Karin Gilges Managing Director, Bosch Ltd. Joint Managing Director & Chief Financial Officer, President, Bosch Group in India Chief Technology Officer, Bosch Ltd. Bosch Ltd. 3 Strictly co
Slide 5: Agenda for the day
Annual Investor Meet 2022 | Bosch Ltd. Agenda for the day Transition and Transformation of Bosch Limited 1 ~ Soumitra Bhattacharya, MD & CEO Bosch Limited Financial Update and Business Outlook 2 ~ Karin Gilges, CFO Bosch Limited Portfolio and Technology Roadmap 3 ~ Guruprasad Mudlapur, JMD & CTO 4 Q
Slide 6: Bosch Limited 2021-22: A lookback
Bosch Limited 2021-22: A lookback 5 Strictly confidential | RBIN/OFE-P | 2022-08-10 Annual Investor Meet 2022 | Bosch Ltd. © Bosch Limited 2022. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial
Slide 7: Bosch Global, Bosch India & Bosch Ltd.
Annual Investor Meet 2022 | Bosch Ltd. Bosch Global, Bosch India & Bosch Ltd. Bosch Global Bosch India Bosch Ltd. Ownership 94% Bosch Ltd. Bosch Global Bosch Chassis Software Tech. Systems India Ltd. Charitable Robert Power Tools Bosch Foundation Powertrain Solutions 5% Building Technologies Bosch f
Slide 8: Macro Economic Outlook
Annual Investor Meet 2022 | Bosch Ltd. Macro Economic Outlook Russia – Ukraine Conflict Inflation: Rising concern Rising Crude Oil Prices Cumulative hikes in repo rate impact on GDP 02 Industrial Sector Adverse CAD @ 3.5% for Forex reserves used to tackle FDI : Key source for financing Performance F
Slide 9: Automotive Market Outlook
Annual Investor Meet 2022 | Bosch Ltd. Automotive Market Outlook CAGR of Peak 2022 FC 2025 FC 2027 FC 2029 FC Volumes in Mio volumes vehicles 2018 2022-29 By 2030, we estimate 4.98 5.5 5.8 a 30% share of EV 4.07 4.24 4.6% 0.48 0.36 0.46 0.49 0.46 3.6% By 2030, we estimate 0.67 0.66 0.77 0.83 0.90 a
Slide 10: Development of Content per Vehicle (CPV) for Industry
Annual Investor Meet 2022 | Bosch Ltd. Development of Content per Vehicle (CPV) for Industry BS IV BS VI BS IV BS VI TREM TREM Stage 2 Stage 2 IIIA IV/V X 1.1X PFI PFI 1.1X 1.6X 5.5X X X GDI GDI X CRS A-Pump System X 1.1X CNG CNG 1.8X X 1.7X X CRS CRS CPV is in Units/Vehicle Significant growth in th
Slide 11: Total Addressable Market (TAM) Fuel Wise and Segment Wise
Annual Investor Meet 2022 | Bosch Ltd. Total Addressable Market (TAM) Fuel Wise and Segment Wise TAM by value TAM by value Overall TAM CAGR Overall TAM CAGR ICE in 2022 in 2029 (2022-2029) (2022-2029) 10X 7.5Y 2.8% 2.2.% 1.6.% 4X 4Y (3.1%)* (0.2%) X Y 7.0% 12.7% 0.6X 20Y 75%** 8.7.% 10 Strictly conf
Slide 12: PACE and Future of Mobility
Annual Investor Meet 2022 | Bosch Ltd. PACE and Future of Mobility To get there, we are focusing on Thanks to our decades of Bosch is pursuing a vision of four megatrends: personalization, mobility that is as safe, cross-domain expertise, we automation, connectivity and are an innovation leader in a
Slide 13: 2Wheeler Business
Annual Investor Meet 2022 | Bosch Ltd. 2Wheeler Business Electrification Focus 2W Market revival positive Evaluate new Future ready for Flex - Strategic projects w. OEMs for 2023, estimate double market and OEMs fuel legislation, chances - Engagement w. new digit growth of new component mobility pla
Slide 14: We are digitalizing largest automotive service chain
WE ARE DIGITALIZING LARGEST AUTOMOTIVE SERVICE CHAIN HIGHEST EVER GROWTH IN 2021-22 • Expansion of multi-brand BCS to 1000 locations by 2025 • Introduce 1000 multi-brand bike service centres over next 2 years • Investment in development of B2B E- Marketplace Strictly confidential | RBIN/OFE-P | 2022
Slide 15: Power Tools Key Levers
Annual Investor Meet 2022 | Bosch Ltd. Power Tools Key Levers INDIA MARKET SHARE AMBITION • Launch of affordable products in the MPP segment to achieve full potential 18% +5%p 23% • Drive Cordless Conversion in India to leverage first mover advantage m/s m/s Cordless Matlab/Means Bosch will be the a
Slide 16: Building Technologies Key Levers
Annual Investor Meet 2022 | Bosch Ltd. Building Technologies Key Levers Video Communications Fire Others • Localization opportunities in the Systems Control Comms and Video Systems businesses is key to ensure growth %Share of overall 42% 38% • Inorganic Opportunities in India revenue 15% 6% • Export
Slide 17: Inorganic Opportunities
Annual Investor Meet 2022 | Bosch Ltd. Inorganic Opportunities Focus on electrification to enable and Investments in capture the eLCV and passenger car disruptive Exploring electrification segment innovation opportunities via Battery Swapping models Digital ecosystem for Aftermarket continues to be
Slide 18: ESG
Annual Investor Meet 2022 | Bosch Ltd. ESG Where we were CRISIL (S&P equivalent) rated Bosch E Limited at “55”; E:44, S:56, G:65 Benchmarking results across Mahindra (72), Hindustan “Unilever” (63) Infosys (79) Where we are S Bosch Limited score has improved from 22.6 to 13.2 (lower the better) Bosc
Slide 19: Culture of great employee experience
WE ARE SUSTAINING A CULTURE OF GREAT EMPLOYEE EXPERIENCE WE ARE GPTW CERTIFIED FOR THE 2ND YEAR IN A ROW • We have paved our way to the Best Cultures quadrant in India • Our focus on creating a high-trust, high-performance culture at Bosch Limited will continue • We build & nurture Talent for the fu
Slide 20: We are invested for the future
WE ARE INVESTED FOR THE FUTURE BOSCH HAS INVESTED 800 CR. TO DEVELOP THE SMART CAMPUS IN THE HEART OF BENGALURU • The smart campus provides a collaborative environment to 10,000 associates that will attract vibrant and talented minds • This will be an opportunity to innovate and work on the latest c
Slide 21: Thank you - Next Up: Karin Gilges
THANK YOU Next Up Karin Gilges Chief Financial Officer, Bosch Ltd., India
Slide 22: Finance & Business Update
Agenda Finance & ❖ Bosch India Business Update ❖ Material cost Business Update ❖ Dividend & Liquidity ❖ Business Outlook 2022 21 Strictly confidential | RBIN/OFE-EC | 2022-07-23 © Bosch Limited 2022. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution,
Slide 23: Review of FY2021-22: Bosch Limited
Bosch Limited | Annual Investor Meet - 2022 Review of FY2021-22: BOSCH LIMITED ALMOST REACHING THE PEAKS OF 2018-2019 117 bINR 9.6% oS +21.2% +38% F Y 2 0 2 0 - 2 1 F Y 2 0 2 1 - 2 2 F Y 2 0 2 0 - 2 1 F Y 2 0 2 1 - 2 2 Revenue from Operations Operating Profit (EBIT) Research and Capital 6.3 22 bINR
Slide 24: Forecast for material costs
Bosch Limited | Annual Investor Meet - 2022 Forecast for 2022 STEEP INCREASE IN RAW MATERIALS, ELECTRONICS & LOGISTIC COSTS High cost pressure RECOVER price increase from customers Increase in material costs due to RM Prices roughly ❖ Mix effect Manufacturing & Trading (mainly 400 3 times BS4 to BS6
Slide 25: Consistency in Dividend pay-out
Bosch Limited | Annual Investor Meet - 2022 Consistency in Dividend pay-out 70% 210 A special dividend of 53% 100 INR is agreed by the Board of Directors 51% in view of 100 years of 115 100 105 105 Bosch in India 27% 23% 110 INR Dividend 2017-18 2018-19 2019-20 2020-21 2021-22 Values in INR Strictly
Slide 26: Solid Liquidity Situation at RBIN
Bosch Limited | Annual Investor Meet - 2022 Solid Liquidity Situation at RBIN 86.2 bINR 69.5 bINR ▪ Liquidity situation continues to be solid ▪ More than adequate to fund our investment plans while remitting dividend to investors ▪ Cash flow continues to be robust At Cost At Market value * As on 31s
Slide 27: Good Start for Q1'2022-23
Bosch Limited | Annual Investor Meet - 2022 Values in m INR Good Start for Q1’2022-23 ❖ Operating 3,847 (10.9% oS) Profit (EBIT) 7.1% 45%* ❖ Profit Before 4,377 (12.3% oS) Tax (PBT) 24,435 33,109 35,444 ❖ Profit After 3,342 (9.4% oS) Tax (PAT) Apr-Jun’21 Jan-Mar’22 Apr-Jun’22 *On a low base 26 Stric
Slide 28: Outlook for 2022
Bosch Limited | Annual Investor Meet - 2022 SOUND FINANCIAL RESULT MEANS POSITIVE OUTLOOK FOR THE FUTURE Sales growth forecast more than ~15% Outlook for 2022 Attempt to achieve healthy EBIT margin Research and Capital New Business development cost expenditure Investment 5.8 bINR Strictly confidenti
Slide 29: Thank you - Next Up: Guruprasad Mudlapur
THANK YOU Next Up Guruprasad Mudlapur JMD & CTO, Bosch Ltd.
Slide 30: Technology Roadmap and Portfolio for ICE, Electrification & Hydrogen
Annual Investor Meet -- Aug’2022 Technology Roadmap and Portfolio for ICE, Electrification & Hydrogen Guruprasad Mudlapur JMD & CTO, Bosch Limited Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 10.08.2022 © Bosch Limited 2022. All rights reserved, also regarding any disposal,
Slide 31: Technologies & Market development - Today's progress
Technologies & Market development – Today’s progress 30 Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Limited 2022. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for indust
Slide 32: Opportunities for Bosch in Mobility
Opportunities for Bosch in Mobility Bosch is pursuing a vision of To get there, we are focusing on Thanks to our decades of mobility that is as safe, four megatrends: personalization, cross-domain expertise, we sustainable, and exciting automation, connectivity and are an innovation leader in all as
Slide 33: P - Personalized mobility
P - Personalized mobility App-based mobility assistants Personalizable Ride-sharing charging solutions services Solutions for micromobility 32 Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Limited 2022. All rights reserved, also regarding any disposal, exploitation,
Slide 34: A - Automated mobility
A - Automated mobility Driver assistance systems Highly automated driving Partially automated driving Fully automated driving Automated parking 33 Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Limited 2022. All rights reserved, also regarding any disposal, exploitati
Slide 35: C - Connected mobility
C - Connected mobility Connected services Vehicle connected to the internet Connected mobility providers HMI solutions Connected vehicle systems 34 Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Limited 2022. All rights reserved, also regarding any disposal, exploitat
Slide 36: E - Electrified mobility
E - Electrified mobility Powertrain systems for internal-combustion engines Hybrid systems Electrified two- Connected charging infrastructure wheeler powertrains and payment systems Fully electric powertrain systems 35 Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Li
Slide 37: Bosch view and opportunities in Powertrain
Bosch view and opportunities in Powertrain Alternative, regenerative fuels Hybrid Improved internal- Fuel cell- combustion electric engine Vehicle (FCEV) Hydrogen Battery-electric Engine With vehicle With renewably renewably generated generated electricity/ e-fuels/ hydrogen hydrogen Powertrain elec
Slide 38: Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Limited 2022.
37 Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Limited 2022. All rights reserved, also regarding any disposal, exploitation, reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Slide 39: Battery Electric Vehicles
== BATTERY -LECTRIC Ee Sees VEHICLES BOSCH i
Slide 40: OEM phasing out internal combustion engines
No legal advice - provided for informational purposes strictly on a non-reliance basis. OEM phasing out internal combustion engines 2021 2025 2030 2040 EU NA 2035 2022 2024 2027 CV 2028 light-duty ZEV only ww 2033 Group Commitments 2026 2028 EU EU 2035 (except CN) USA, EU, CN 2035 2028 2036 in 2025,
Slide 41: Legislation Roadmap
No legal advice - provided for informational purposes strictly on a non-reliance basis. Legislation Roadmap 2019 2020 2021 2022 2023 2024 2025 2026 2027-30 PC ABS 04/19 BS VI : 04/20 BS VI –II: 04/23 FCWAEB :2025 RPAS : 04/19 CAFÉ II : 04/22 driver ESP : 04/24 AB : 07/19 AB : 12/21 Side & curtain dr
Slide 42: Drivers for electrification
No legal advice - provided for informational purposes strictly on a non-reliance basis. Drivers for electrification Global - Three main drivers: India - Three main drivers: - Emission regulations for road traffic - Total Cost of Ownership in a long getting tighter run for an EV - Driving bans for co
Slide 43: Bosch view on the worldwide Powertrain scenario
No legal advice - provided for informational purposes strictly on a non-reliance basis. Bosch view on the worldwide Powertrain scenario New vehicle sales PC incl. LCV < 6t worldwide 2021 2025 2030 2035 o By 2030, about every 3rd new 100% 100% vehicle is an EV. 100% 100% 100% 100% 2% 2% 4% By 2030, m
Slide 44: Bosch Electrified Powertrain – Product portfolio
Bosch Electrified Powertrain – Product portfolio Power drive Energy management & supply System control HV Electric eAxles Inverter DC/DC Charger- Fuel cell Vehicle Motor Converter Converter Control Unit 48V 48V Traction Battery 48V Hybrid Battery 48 V – 850 V 43 Strictly confidential | RBIN/EE | 10.
Slide 45: Bosch Electrified Powertrain – Landscape
Bosch Electrified Powertrain – Landscape System competence from SiC wafers to fully integrated systems & Engineering services Individual components Sub-systems 48 V battery Inverter eAxle INVCON Charger- Converter E-Machine Converter Modules for energy Components System integration efficiency Flexib
Slide 46: Bosch Electrified Powertrain
Bosch Electrified Powertrain 1 Direct integrated power electronic Reduction of cost, weight & losses 1 2 One shared bearing shield for E-machine & Transmission 3 Reduction of cost & weight 2 3 One common cooling circuit for power electronics & e-machine Reduction of interfaces 45 Strictly confidenti
Slide 47: Bosch Electrified Powertrain
Bosch Electrified Powertrain Industry challenge Bosch solution Customer interests: Achieve CO2 targets with minimum costs Cell design based on Bosch competence 48V systems and components support target achievement Passive cooling Compact design IP class: IP5k4 Challenge: Up to 15% CO2 reduction
Slide 48: Hydrogen
HYDROGEN
Slide 49: Hydrogen Landscape
No legal advice - provided for informational purposes strictly on a non-reliance basis. Hydrogen Landscape +– Off-shore ELY Water MW scale wind purifier PEMFC On-shore Electrolyzer Compressor wind +– ELY MW scale Mobility Electricity distribution On-site electrolysis Stationary Buildings & urban qua
Slide 50: Bosch Fuel cell portfolio for Commercial Vehicle
Bosch Fuel cell portfolio for Commercial Vehicle H2 BALANCE OF PLANT COMPONENTS STACK FUEL CELL KIT SYSTEM for CV STORAGE Hydrogen Tank Anode Electric Air Pressure Sensors Hydrogen-Exhaust Fuel Cell Stack Stack Core Module incl. Fuel Cell Power Module Valve* Recirculation Compressor Sensor Anode Sup
Slide 51: Bosch Hydrogen Engine portfolio for Commercial Vehicle
Bosch Hydrogen Engine portfolio for Commercial Vehicle H2-FIE: new / adapted for H2-ICE Common with Fuel Cell system HDI for H2 DI H2 storage integrated intank valve (IITV) H2 storage CU Software and MPGI Control Unit Calibration H2 pressure sensor* Pressure H2 safety sensor Hydrogen rail regulator
Slide 52: Bosch Hydrogen acquisitions
Bosch Hydrogen acquisitions Electric air compressor (EAC) Strategic project won agreement with Fuel-cell power Nikola module compact version ❖ World’s first 40-ton fuel cell power train truck ❖ Commercial vehicle segment ❖ 35 Bosch products Awarded for ❖ Localized production Hydrogen Engine ❖ SOP tg
Slide 53: Wrap-up: Bosch EV & Hydrogen Portfolio in a nutshell
Wrap-up : Bosch EV & Hydrogen Portfolio in a nutshell CO2 reduction, tank-to-wheel [%] BEV FCEV 100% 48V eLCV HV PHEV HV HEV 48V HEV Degree of electrification 52 Strictly confidential | RBIN/EE | 10.08.2022 Annual Investor Meet 2022 © Bosch Limited 2022. All rights reserved, also regarding any dispo
Slide 54: Thank you..!
~Bosch On the way tora NEW ERA OF MOBILITY Thank you..! € pose