Bosch Home Comfort India Ltd (JCHAC) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 523398 | NSE: JCHAC | Air Conditioners | Small Cap

Bosch Home Comfort Share Price

1,490.95 -24.80 -1.64%
as on 05-Dec'25 11:52

Bosch Home Comfort India Ltd (JCHAC) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 523398 | NSE: JCHAC | Air Conditioners | Small Cap

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1. Quality


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2. Valuation


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3. Price Trend


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Bosch Home Comfort India stock performance -

Key Ratios
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P/E Ratio (SA):
147.09
Market Cap:
4,121.5 Cr.
52-wk low:
1,507.2
52-wk high:
1,989.1

Is Bosch Home Comfort India Ltd an attractive stock to invest in?


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10 Year X-Ray of Bosch Home Comfort: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bosch Home Comfort India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.3%24.1%29.3%20%15%7.3%4.2%-12.3%-11.9%14.4%-
Value Creation
Index
0.20.71.20.40.1-0.5-0.7-1.9-1.90.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,6411,9172,1852,2412,1971,6472,1592,3841,9192,7562,622
Sales YoY Gr.-16.9%14%2.6%-2%-25.1%31.1%10.4%-19.5%43.7%-
Adj EPS 19.230.738.433.333.111.17.8-24.4-20.62310.3
YoY Gr.-59.4%25.3%-13.3%-0.6%-66.6%-29.2%-410.7%NANA-
BVPS (₹) 131.6161.9196.8225.5253.2265.5272.1242.4214.4235.7175.5
Adj Net
Profit
52.383.410490.69030.121.3-66.3-5662.628
Cash Flow from Ops. 61.617297.2-81140321-54.9-30.825483.3-
Debt/CF from Ops. 2.60.40.1-2.31.10-0.8-4.600-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.9%4.6%8.5%43.7%
Adj EPS 2%-7%43.2%NA
BVPS6.7%-1.4%-4.7%10%
Share Price 1.1% -7.4% 8.3% -23.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
15.620.921.415.813.84.32.9-9.5-910.25
Op. Profit
Mgn %
7.78.99.47.68.274.7-0.5-053.9
Net Profit
Mgn %
3.24.44.844.11.81-2.8-2.92.31.1
Debt to
Equity
0.50.100.30.200.10.2000
Working Cap
Days
17816316920422729624424226817375
Cash Conv.
Cycle
5240396171646974543313

Recent Performance Summary

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Latest Financials - Bosch Home Comfort India Ltd.

Standalone Consolidated
TTM EPS (₹) 10.3 -
TTM Sales (₹ Cr.) 2,622 -
BVPS (₹.) 175.5 -
Reserves (₹ Cr.) 450 -
P/BV 8.63 -
PE 147.09 -
From the Market
52 Week Low / High (₹) 1507.20 / 1989.10
All Time Low / High (₹) 8.00 / 3375.00
Market Cap (₹ Cr.) 4,121
Equity (₹ Cr.) 27.2
Face Value (₹) 10
Industry PE 94.3

Management X-Ray of Bosch Home Comfort:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *32.3232.3232.3232.3232.3232.3232.3232.3232.3232.32
* Pledged shares as % of Promoter's holding (%)

Valuation of Bosch Home Comfort - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Bosch Home Comfort

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,6411,9172,1852,2412,1971,6472,1592,3841,9192,756
Operating Expenses 1,5181,7501,9872,0782,0271,5352,0642,4031,9202,625
Manufacturing Costs91102110137145110139147133185
Material Costs1,0131,2201,3931,4441,3971,0321,5061,7881,3491,938
Employee Cost 111122141165175167177184170194
Other Costs 303305343332310226242284268308
Operating Profit 12316819916417111295-19-1132
Operating Profit Margin (%) 7.5%8.7%9.1%7.3%7.8%6.8%4.4%-0.8%-0.1%4.8%
Other Income 2771510139121026
Interest 1042351498176
Depreciation 46525344567572756470
Exceptional Items 0000-17-1-16-270
Profit Before Tax 691181511321184323-105-9982
Tax 1937514635106-23-2323
Profit After Tax 508110086843316-82-7659
PAT Margin (%) 3.0%4.2%4.6%3.8%3.8%2.0%0.7%-3.4%-3.9%2.1%
Adjusted EPS (₹)18.429.936.831.630.712.25.9-30.2-27.821.6
Dividend Payout Ratio (%)8%5%4%5%0%0%0%0%0%69%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 358440535613689722740659583641
Share Capital 27272727272727272727
Reserves 331413508586661695713632556614
Minority Interest0000000000
Debt133601319015904314300
Long Term Debt0000000000
Short Term Debt133601319015904314300
Trade Payables412444496541550634721702789844
Others Liabilities 290294380372398504517488317367
Total Liabilities 1,1931,2381,4231,7151,7951,8592,0211,9921,6891,852

Fixed Assets

Gross Block445308346373592683708747722751
Accumulated Depreciation18051103142193256318366375418
Net Fixed Assets 265256243231400427390381348333
CWIP 1429479912329
Investments 0000000000
Inventories494460442555727704822869656773
Trade Receivables280282414448255264411321379420
Cash Equivalents 424363018122312272137
Others Assets 148212287357389332358388203180
Total Assets 1,1931,2381,4231,7151,7951,8592,0211,9921,6891,852

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 6217297-81140321-55-3125483
PBT 691181511321184323-105-9982
Adjustment 555554395780809010457
Changes in Working Capital -3736-59-2014176-146-7282-61
Tax Paid -25-38-49-51-48-3-12-4-55
Cash Flow From Investing Activity -69-41-32-95-107-26-46-43-32-0
Capex -69-43-35-102-112-27-47-46-33-15
Net Investments -00-0-00-00000
Others 02375113115
Cash Flow From Financing Activity 6-110-53170-45-191965-172-18
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-2800000000
Interest Paid -10-5-1-2-4-13-8-7-15-4
Dividend Paid -5-5-5-5-500000
Others 21-73-47177-35-1781872-157-14
Net Cash Flow -22012-6-12104-92-85066

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.920.3820.5314.9712.844.692.21-11.74-12.199.61
ROCE (%)16.2724.129.272014.957.264.21-12.32-11.8914.36
Asset Turnover Ratio1.581.731.71.431.250.91.111.191.041.56
PAT to CFO Conversion(x)1.242.120.97-0.941.679.73-3.44N/AN/A1.41
Working Capital Days
Receivable Days57495670585757566753
Inventory Days10083738110715912912914595
Payable Days155121123131142209164145202154

Bosch Home Comfort India Ltd Stock News

Bosch Home Comfort India Ltd FAQs

The current trading price of Bosch Home Comfort on 05-Dec-2025 11:52 is ₹1,491.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Bosch Home Comfort stood at ₹4,121.5.
The latest P/E ratio of Bosch Home Comfort as of 04-Dec-2025 is 147.1.
The latest P/B ratio of Bosch Home Comfort as of 04-Dec-2025 is 8.63.
The 52-week high of Bosch Home Comfort is ₹1,989.1 and the 52-week low is ₹1,507.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bosch Home Comfort is ₹2,622 ( Cr.) .

About Bosch Home Comfort India Ltd

Johnson Controls–Hitachi Air Conditioning India was established on October 1, 2015 as a joint venture between Hitachi Appliances, Inc. (now Hitachi Global Life Solutions, Inc.) and Johnson Controls, Inc. Hitachi Appliances carved out and contributed its air conditioning business to the Joint Venture. Johnson Controls acquired a 60% stake of the carved-out business and Hitachi Global Life Solutions, Inc. continues as a 40% shareholder of this venture. With this joint venture, two rich, 100-year-old cultures and histories have come together to create one exciting new company, serving its combined customers with the most diverse product portfolio in the air conditioning industry.

The company has emerged as one of the main players in the Indian air-conditioning market. A pioneering figure among the most respected and regarded business entities in the industry, it has evolved radically. Headquartered in Ahmedabad, Gujarat, the company has its cutting-edge manufacturing facilities stationed at Kadi, Mehsana. With access to one of the largest manufacturing facilities in India, the Company’s manufacturing unit, holds the capacity to assemble under a single roof, a wide range of cooling products that cover both residential and commercial cooling functions.

It is passionate about exceeding expectations of its customers, and it looks forward to bringing innovative HVAC solutions to them. The company constantly innovates, brings in world-class technology, newer concepts and incorporate advanced features in order to provide an array of products to the entire world, which can make life for its clientele as comfortable and soothing as it can get. In order to serve its customers even better, the company owned and operated, 24x7 customer care centers, which provide prompt resolutions to customers concerns across India.

Business area of the company

The company manufactures a wide range of products, from room air-conditioners (Split & Window ACs) to commercial air-conditioners including VRF Systems, Ductable air-conditioners, Chillers and Telecom air-conditioners under the brand name of ‘Hitachi Cooling & Heating’. The company also deals with the trading of Refrigerators and Air Purifiers.

Product Portfolio

Residential Cooling Solution: Inverter Split Air Conditioners, Fixed Speed Split Air Conditioners, Window Air Conditioners.

Commercial Cooling & Heating Solution: Packaged Air Conditioners, Chillers, VRF, Space maker.

Home Appliances Solution: Refrigerators, Air Purifiers.

Certification

  • ISO 14001- 2015 Environment Management System (EMS) Certified.
  • ISO 9001:2015 Quality Management Systems.
  • ISO 45001-2018 Certificate for Occupational Health and Safety Management Systems.

Awards

  • 2016: Receives Environment Minister's Award for Global Warming Prevention Activities 2016.
  • 2016: The Emerson Cup - For Product Innovation in Air Conditioning.
  • 2018: Frost & Sullivan’s ‘Indian Smart Air Conditioners Company of the Year’ Award.
  • 2018: India Copper Association’s ‘Copper Excellence Award’-For Successfully providing reliable and energy efficient room air conditioners by using 100% copper tubes.
  • 2019: Hitachi room air conditioner ‘Shirokuma-kun’ awarded ‘FY2019 Energy Conservation Grand Prize’ of Japan.
  • 2020: Design panel ‘Silent-Iconic’ and Hitachi room air conditioner ‘Shirokumakun’ W Series awarded 2020 Good Design Award.
  • 2020: Design panel for 4-way cassette indoor unit ‘Silent-Iconic’ awarded iF DESIGN AWARD 2020.

Milestones

  • 1984: The company was incorporated as Acquest Air conditioning Systems.
  • 1991: The company launched its first side throw Air Conditioner (AC).
  • 1992: The company launched the first Hi Wall Mounted Split AC.
  • 1996: The company introduced the first ceiling mounted split AC.
  • 1997: It launched its first Home AC brand – Nidra.
  • 1999; The company launched 'Hitachi' brand of airconditioners in India. 
  • 2001: Hitachi conducted first ever mass marketing of ACs with remote microprocessor controlled intelligence - Logicool.
  • 2003: The company changed its name to Hitachi Home and Life Solutions (India).
  • 2004: It introduced small split ACs in the world by using Lambda technology and named it as Hitachi Atom.
  • 2004: It introduced the most powerful and silent window AC using Twin Turbo Technology and named it as Quadricool.
  • 2005: Hitachi launched Quadricool -- a window AC that used twin motor technology.
  • 2005: For a cleaner and healthier environment, Hitachi launched UV Fresh technology in Atom.
  • 2005: The company launched Atom + One technology in split ACs that would cool two rooms with one unit.
  • 2005: The company also launched Atom XL - A small cooling solution for the large areas.
  • 2005: It introduced Hitachi refrigerators in India
  • 2005: The company launched fully automatic washing machines in India.
  • 2011: Launched i-Clean, India's First air conditioner with Automatic filter cleaning technology by which it cleans its filter automatically.
  • 2011: Launched Summer, India's First 5 star rated Window air conditioner.
  • 2012: Introduced India's First star rated Cassette air conditioner.
  • 2012: Introduced 5 star rated Summer TM window air conditioner with twin motor technology.
  • 2012: Introduced Inverter technology in refrigerators.
  • 2013: Launched i-Clean Inverter AC and i-Clean Hot & Cold Inverter AC.
  • 2013: Launched India's First French Door Bottom Freezer Refrigerator.
  • 2013: Hitachi Home & Life Solutions (India) has re-constructed manufacturing facility at Karan Nagar.
  • 2014: Japanese electronic goods maker Hitachi has emerged as the top contender to buy the promoter's stake in Crompton Greaves, a power transmission and distribution company owned by billionaire Gautam Thapar.
  • 2015: Johnson Controls and Hitachi sign definitive agreement to form global HVAC joint venture.
  • 2015: Hitachi Automotive establishes new auto parts plant in Tamil Nadu.
  • 2016: Hitachi Elevator Asia has been awarded an order for 23 units of elevators from ITC which is setting up a five-star deluxe hotel project in Hyderabad.
  • 2016: Hitachi Home & Life Solutions (India) changed to Johnson Controls.
  • 2016: Hitachi Air Conditioning India and the trading symbol of the Company changed from HITACHIHOM TO JCHAC.
  • 2016: Hitachi has announced a joint venture with electronics equipment manufacturer Johnsons Control to provide innovative and complete HVAC (heating, ventilation, and air conditioning) solutions.
  • 2017-Newly Developed a Heat Recycle Absorption Chiller.
  • 2018: Renewal Models of ‘FLEXMULTI-R’ Have Been Developed.
  • 2019: Johnson Controls-Hitachi Air Conditioning opens Global Development Center in India.
  • 2019: Johnson Controls-Hitachi Air Conditioning to relocate and expand factory in Wuhu, China.
  • 2019: Johnson Controls-Hitachi Air Conditioning brings Hitachi compressor technology to China Refrigeration 2019.
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