Bosch Limited | Growing with RB GmbH · Bosch Limited | Growing with RB GmbH 17 The 7 Bosch Values...
Transcript of Bosch Limited | Growing with RB GmbH · Bosch Limited | Growing with RB GmbH 17 The 7 Bosch Values...
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Trinity India | 2015
Bosch in India
Bosch Limited | Growing with RB GmbH
Dr. Steffen Berns, Managing Director
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Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Agenda
Journey of MICO/Bosch Ltd.
Bosch Products & Business Dependency
Technology – Key Success Factor for growth
Way ahead
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Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.3
Bosch Limited | Growing with RB GmbH
Journey of MICO/ Bosch Ltd. – Key milestones
19721953
Bangalore
Plant InitiationEstablishment
of MICO
Kolkata Office
1954
1951
1990 1993 1999 20082006
Partnership
with RB GmbH
SOP at
Nasik Plant
1922
SOP at
Naganathapura Plant
Mfg of
Power Tools
1922 1989
SOP at
Jaipur PlantMfg of Common
Rail SystemMfg of Gasoline
Systems
Launch of Energy and
Building solutions
SOP at
Gangaikondan Plant
2013
2015
And the journey
continues.....
1990
2013
2012
2015
SOP at
Bidadi Plant
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Shareholding Pattern Bosch
RB GmbH Shareholding
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Robert Bosch GmbH
Bosch Family
Robert Bosch
Stiftung GmbH
1%
7%
92%
29.8%
71.2%
Others
Robert Bosch
GmbH
Bosch Family
7%
Robert Bosch
Industrietreuhand KG
93%
Bosch Ltd. Shareholding
RB GmbH Voting Rights Bosch Ltd. Voting Rights (same as shareholding)
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Agenda
Journey of MICO/Bosch Limited
Bosch Products & Business Dependency
Technology – Key Success Factor for growth
Way ahead
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Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Product and Business PortfolioDiesel Systems Gasoline Systems Starter Motors & Generators
Automotive Aftermarket Power Tools
Security Technology
Energy & Building Solutions
and Thermo-Technology
Packaging Technology
Drive & Control
TechnologyAutomotive
Electronics
Safety & Chassis
control systems
Products at Bosch Ltd.
Large part of RB GmbH product & business portfolio available with Bosch Ltd.
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Software & Engg. Services
Electrical Drives
ETAS Home Appliances
Automotive
Steering
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Sales over the years
Sustainable profitable growth
Values in b INR
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*2014-15 ~ April 2014 to March 2015
14.5 15.519.0
23.3
29.8
37.842.8
45.4 47.5
66.3
79.384.2 85.4
93.4
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014-15*
Bosch Ltd. Sales
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Gross transactions over the years
Significant level of transactions drives growth of Bosch Ltd.
Gross transactions = Sales + Purchases (goods and capital) + Services + Royalty/Technical Fees
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Values in b INR
*2014-15 ~ April 2014 to March 2015
3.4 4.56.3
8.6
14.3
18.7 18.820.0
18.0
26.5
33.9
31.332.5 33.1
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014-15*
Bosch Ltd. transactionswith Bosch Group Cos
Years
%oS 23.6% 29.3% 33.2% 36.9% 48.0% 49.5% 44.0% 44.0% 37.9% 39.9% 42.7% 37.2% 38.1% 35.4%
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Key Transactions over last 5 years (2010 to 2014-15)
Sales
Purchase - Goods Purchase - Fixed Assets
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Values in b INR
Royalty & Technical Fee
14.9 18.2 18.1 17.3 18.0
23.629.5 28.6
49.053.2
2010 2011 2012 2013 2014-15*
3rd Party Purchases
Bosch Group
61%
39%
62%
38%
61%
39%
65%
35%
66%
34%
7.8 9.4 6.4 6.7 7.8
58.569.9 77.7 78.7
85.5
2010 2011 2012 2013 2014-15*
3rd Party Sales
Bosch Group
89%
11%
88%
12%
88%
12%
92%
8%
92%
8%
Bosch Limited | Growing with RB GmbH
0.4
1.8 1.82.8
0.3
1.4
2.6
4.51.8
4.2
2010 2011 2012 2013 2014-15*
3rd Party Additions
Bosch Group
80%
59%
71%
61%20% 41% 29%
39%
93%
7%
*2014-15 ~ April 2014 to March 2015
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Agenda
Journey of MICO/Bosch Ltd.
Bosch Products & Business Dependency
Technology – Key Success Factor for growth
Way ahead
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Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.11
Bosch Limited | Growing with RB GmbH
Leveraging on Technology
Avg annual R&D spend: ~9%oS Avg annual R&D spend: ~2%oS
Bosch Ltd leveraging on RB GmbH investment in technology
to stay ahead of competition
R&D spend – RB GmbH R&D spend – Bosch Ltd
Values in b INRValues in b EUR
1.1 1.1 1.4 1.6 1.7
1.7% 1.4% 1.6%1.9% 1.8%
0%
2%
4%
6%
8%
10%
12%
0.0
1.0
2.0
3.0
4.0
5.0
6.0
2010 2011 2012 2013 2014-15*
R&D spend %oS
*2014-15 ~ April 2014 to March 2015
3.8 4.2 4.8 4.5 5.0
8.1% 8.1%9.1%
9.9% 10.1%
0%
2%
4%
6%
8%
10%
12%
0.0
1.0
2.0
3.0
4.0
5.0
6.0
2010 2011 2012 2013 2014
R&D spend %oS
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reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
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Driving comfort Easy driving Shift- & launch quality Noise, vibration, harshness
Image & Emotions Fuel Economy Labeling Willingness-to-pay
for green image /emotions
Variants Globalization Power train & vehicle
diversification Fuel differences
City Restrictions Ban on driving Specific traffic lane, parking
Costs Affordable mobility (price, TCO) OEM entry efforts (invest, E&A)
Fuel Economy / CO2
Corporate Avg. Fuel Consumption Standard
Emissions & Diagnosis BS5 & IOBD norms Worldwide Driving Cycle
Fun to Drive Power and low end torque Response time (dynamics)
TCO: Total cost of ownership, E&A: Engineering and application
Better fuel economy, better driveability and legislation are key factors for India
Leveraging on Technology
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
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Combustion Engine will remain the basis of efficient mobility in the near future
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Agenda
Journey of MICO/Bosch Ltd.
Bosch Products & Business Dependency
Technology – Key Success Factor for growth
Way ahead
14
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
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Bosch Mobility Solutions – moving towards the traffic of the future
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Enhancing Shareholder Value
Direction of Bosch Ltd. - Appreciated by the Stock Market
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-
1,000
2,000
3,000
4,000
5,000
6,000
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
BOSCH BSE Auto Sensex
Share price movement 2001 to 2014
Note: Indexed at 2001 price as base = 100
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
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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 approach to doing business
will always be the most profitable.”
Managing Director | Bosch Limited | 05/06/2015 | © Bosch Limited 2015. All rights reserved, also regarding any disposal, exploitation,
reproduction, editing, distribution, as well as in the event of applications for industrial property rights.
Bosch Limited | Growing with RB GmbH
Open for Discussion....
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