BOSCH-HCIL

BOSCH HOME COMFORT INDIA share price & financials

Price
₹1,322.4
Market cap
₹4.6k Cr
Sector
Consumer Durables

What BOSCH HOME COMFORT INDIA LIMITED does

Johnson Controls-Hitachi Air Conditioning India Limited is the Indian subsidiary of a global joint venture between Johnson Controls (US) and Hitachi Global Life Solutions (Japan), manufacturing and selling air conditioners under the 'Hitachi Cooling & Heating' brand. Its product range spans residential split and window air conditioners to commercial VRF (Variable Refrigerant Flow) systems, packaged/ductable air conditioners and telecom air conditioners, produced at its Kadi manufacturing plant and co-located Global Design Center in Gujarat. It sells through a pan-India network of distributors and modern-retail partners, and also exports into South Asian markets including Nepal, Bhutan, Bangladesh, Sri Lanka and Maldives.

Segments

  • Residential
  • Light Commercial
  • International Sales
Employees (staff and operators)
1,180
Manufacturing plant
1 (Hitachi Complex, Karannagar, Kadi, Dist. Mehsana, Gujarat)
Design & development facility
Global Design Center, co-located at the Kadi plant
International markets served
5 focus countries — Bangladesh, Nepal, Bhutan, Sri Lanka, Maldives
Ownership
Joint venture between Johnson Controls (US) and Hitachi Global Life Solutions (Japan)
Market position
First Japanese brand to launch a 32 HP single-outdoor-unit VRF product in the Bangladesh market
Founded 1984Headquarters Ahmedabad, Gujarat, IndiaEmployees 1,180 (2025-03-31) Company website

Quarterly results

Q1 FY27: revenue up 28.5%, net profit up 53.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue396 432 933 853 405 +2%476 +10%965 +3%1,096 +28%
EBITDA-27 10 92 36 -36 −33%-1 −110%68 −26%41 +14%
Net profit-30 -3 56 15 -40 −33%-19 −533%41 −27%23 +53%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −2.0% 1Y

₹1.0k₹1.2k₹1.4k₹1.6k₹1.8kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹1,739.1 on 10 Sept 2025 → ₹1,704. High ₹1,849.1 (7 Sept 2026), low ₹1,049.1 (30 Mar 2026).

Financials, as filed

Revenue grew 18.6% a year over 2 years, FY24 to FY26. Operating margin widened to 2.5%.

Year endingFY24FY25FY26
Revenue₹1.9k Cr₹2.8k Cr₹2.7k Cr
Operating profit₹-2 Cr₹132 Cr₹67 Cr
Operating margin-0.1%4.8%2.5%
Interest₹17 Cr₹4 Cr₹12 Cr
Depreciation₹65 Cr₹71 Cr₹58 Cr
Net profit₹-75 Cr₹59 Cr₹-3 Cr
Net margin-3.9%2.1%-0.1%
Cash from operations₹254 Cr₹83 Cr₹113 Cr
Free cash flow₹221 Cr₹68 Cr₹16 Cr
ROCE-7.0%14.0%5.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹27 Cr₹27 Cr₹27 Cr₹27 Cr₹27 Cr₹27 Cr
Reserves₹695 Cr₹713 Cr₹632 Cr₹556 Cr₹450 Cr₹473 Cr
Borrowings₹89 Cr₹112 Cr₹193 Cr₹48 Cr₹181 Cr₹82 Cr
Other liabilities₹832 Cr₹942 Cr₹936 Cr₹1.0k Cr₹548 Cr₹1.3k Cr
Total liabilities₹1.6k Cr₹1.8k Cr₹1.8k Cr₹1.7k Cr₹1.2k Cr₹1.9k Cr
Fixed assets₹428 Cr₹391 Cr₹382 Cr₹349 Cr₹309 Cr₹313 Cr
Capital work in progress₹9 Cr₹9 Cr₹12 Cr₹32 Cr₹36 Cr₹70 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹1.2k Cr₹1.4k Cr₹1.4k Cr₹1.3k Cr₹861 Cr₹1.5k Cr
Total assets₹1.6k Cr₹1.8k Cr₹1.8k Cr₹1.7k Cr₹1.2k Cr₹1.9k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, FIIs trimmed −0.73 pp while the public added +0.71 pp. The shareholder count grew 9% to 35,615.

Promoters
74.5%
FIIs
0.4%
DIIs
6.3%
Public
18.8%

Since Jun 2025

  • FIIs −0.73 pp
  • Public +0.71 pp
  • Promoters +0.27 pp

How it drifted, 12 quarters

Over this window DIIs fell from 9.1% to 6.3% — −2.8 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 74.3%, FIIs 0.5%, DIIs 9.1%, Public 16.2%.Dec '23: Promoters 74.3%, FIIs 0.5%, DIIs 8.9%, Public 16.4%.Mar '24: Promoters 74.3%, FIIs 0.5%, DIIs 8.4%, Public 16.8%.Jun '24: Promoters 74.3%, FIIs 1.2%, DIIs 8.0%, Public 16.5%.Sep '24: Promoters 74.3%, FIIs 0.9%, DIIs 8.0%, Public 16.9%.Dec '24: Promoters 74.3%, FIIs 1.0%, DIIs 7.4%, Public 17.4%.Mar '25: Promoters 74.3%, FIIs 1.2%, DIIs 7.0%, Public 17.6%.Jun '25: Promoters 74.3%, FIIs 1.1%, DIIs 6.5%, Public 18.1%.Sep '25: Promoters 74.3%, FIIs 1.0%, DIIs 6.5%, Public 18.2%.Dec '25: Promoters 82.2%, FIIs 0.7%, DIIs 1.2%, Public 15.9%.Mar '26: Promoters 82.2%, FIIs 0.7%, DIIs 1.2%, Public 15.9%.Jun '26: Promoters 74.5%, FIIs 0.4%, DIIs 6.3%, Public 18.8%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of BOSCH HOME COMFORT INDIA LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Jchac India Holdco Limited 74.25%unchanged
SBI Children'S Fund - Investment Plan Mutual fund5.17%newly disclosed
Bosch Global Software Technologies Private Limited 0.27%−7.70 pp
Johnson Controls-Hitachi Air Conditioning Holding (Uk) Ltd 0.00%unchanged
Robert Bosch Gmbh 0.00%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse BOSCH HOME COMFORT INDIA LIMITED

Guides on how to read this kind of business and the numbers that matter.