Bosch Chassis Systems India (Delisted) share price
BSE: 505185
Bosch Chassis Systems India Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 2000
Last traded ₹595.95 on 29 Oct 2008
Delisted on 7 Nov 2008.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Nov 2008
10 Nov · Public Announcement
Public Announcement, in connection with the Delisting of the fully paid-up equity shares of Bosch Chassis Systems India Limited (the "Company") by Robert Bosch GmbH (the "Acquirer") under the Delisting Guidelines (the "Delisting Offer"). Citigroup Global Markets India Private Limited has further informed that the shares of the Company have already been delisted from all the stock exchanges and hence are no longer traded. This offer provides the residual shareholders of the Company an exit opportunity, as required under the Delisting Guidelines. A copy of the public announcement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2008
25 Oct · Sale of stake
Bosch Chassis Systems India Ltd. has informed the Exchange that the Board of Directors of the Company in it Meeting held on October 25, 2008 have approved sale of 7,000,000 equity shares of Rs.10 each in the Joint Venture- KBX Motorbike Products Pvt. Ltd. to the J. V. partner, Brembo S.p.A, Italy for a consideration of Euro 107 Lakh in exercise of the Call and Put options by the respective parties pursuant to the Shareholders' Agreement dated October 17, 2005 subject to requisite approvals and compliance with the statutory requirements for transfer of shares from resident to non resident.17 Oct · Delisting of shares
Bosch Chassis Systems India Ltd. has, with reference to the Delisting of the equity shares of the Company from the Exchange, submitted to the Exchange the details of the name, address and contact numbers of the Contact Person at RTA and at the Company for solving Investor queries post Delisting. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Oct · Suspension and Delisting of trading in equity shares
Members of the Exchange are hereby informed that the trading in the equity shares of Bosch Chassis Systems India Ltd. shall be suspended w.e.f. October 31, 2008 (i.e. w.e.f. closing hours of trading on October 29, 2008) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. November 7, 2008.10 Oct · Board meeting
To consider amongst other subjects, the Unaudited Financial Results for the quarter ended September 30, 2008.
Aug 2008
12 Aug · Public Announcement
Public Announcement ("PA") being issued by Robert Bosch GmbH (the "Acquirer" / "RB"), pursuant to Clause 10 of the Securities and Exchange Board of India (Delisting of Securities) Guidelines, 2003 (the "Delisting Guidelines") to the public shareholders ("Shareholders") of Bosch Chassis Systems India Limited (the "Company") in respect of the proposed acquisition and delisting of the fully paid-up equity shares ("Equity Shares") of the Company under the Delisting Guidelines (the "Delisting Offer"). It is in continuation of and should be read in conjunction with the original public announcement dated July 17, 2008 ("Original PA"). The Acquirer hereby announces the results of the Delisting Offer made through reverse book building process using electronic facility of Bombay Stock Exchange Limited ("BSE"). A copy of the public announcement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Results for the quarter to Jun 2008
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹128 Cr−6.9% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Operating profitOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary
- ₹8.98 Cr−41.6% on the quarter before
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹8.32 Cr−22.4% on the quarter before
- Operating margin
- 7.0%
- Net margin
- 6.5%
From revenue to net profit, ₹ crore
- Revenue128
- Operating expenses−119
- Operating profit9.0
- Depreciation−5.3
- Other income+8.8
- Finance costs−0.1
- Profit before tax12
- Tax−3.9
- Net profit8.3
Bosch Chassis Systems India results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2008. Results for the quarter to Sep 2008 were due by 14 Nov 2008, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
Peak revenue ₹140 Cr, quarter to Dec 2007; lowest ₹128 Cr, quarter to Jun 2008
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2007 | Dec 2007 | Mar 2008 | Jun 2008 |
|---|---|---|---|---|
| Revenue from operations | 131 | 140 | 138 | 128 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 115 | 127 | 122 | 119 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 76 | 91 | 96 | 79 |
| Operating profit before depreciation | 16 | 13 | 15 | 9 |
| Operating margin | 12.5% | 9.3% | 11.2% | 7.0% |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 5 | 6 | 6 | 5 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 4 | 11 | 7 | 9 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0 | 0 | 0 | 0 |
| Profit before tax | 15 | 18 | 17 | 12 |
| Tax | 6 | 6 | 6 | 4 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 36.3% | 32.0% | 35.6% | 32.0% |
| Net profit | 10 | 12 | 11 | 8 |
| Net margin | 7.4% | 8.6% | 7.8% | 6.5% |
Earnings per share in rupees, restated for later splits and bonuses.
1 year at a glance
Consolidated: the company and its subsidiaries together. ₹ crore, years to December.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Dec 2007
Consolidated: the company and its subsidiaries together. ₹ crore.
From revenue to net profit
- Revenue540
- Operating expenses−468
- Operating profit72
- Depreciation−24
- Other income+23
- One-off items0.0
- Finance costs−1.0
- Profit before tax70
- Tax−24
- Net profit46
Profit and loss
Consolidated, ₹ crore, years to December.
| ₹ crore | Dec 2007 |
|---|---|
| Revenue from operations | 540 |
| 468 | |
| Materials and goods bought | 320 |
| Operating profit before depreciation | 72 |
| Operating margin | 13.3% |
| Depreciation and amortisation | 24 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | 48 |
| Other income | 23 |
| Finance costs | 1 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | 0 |
| Profit before tax | 70 |
| Tax | 24 |
| Net profit | 46 |
| Net margin | 8.5% |
Ratios
Consolidated, years to December.
| Ratio | Dec 2007 |
|---|---|
| Interest coverInterest cover. Operating profit after depreciation divided by finance costs: how many times over the profit pays the interest bill. Interest cover in the glossary | 46.4 |
Accounting checks
Consolidated, years to December. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Dec 2007 |
|---|---|
| Effective tax ratePublished threshold 17.16 per cent | 33.85 |
A threshold marked as ours has no published figure; it is the line we read the check against.
Recent sessions
The 10 trading days to 29 Oct 2008, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 29 Oct 2008 | 593.20 | 597.00 | 593.20 | 595.95 | 595.60 | 1,052 |
| 28 Oct 2008 | 593.20 | 596.70 | 593.20 | 595.15 | 595.12 | 213 |
| 27 Oct 2008 | 593.10 | 595.90 | 593.10 | 593.70 | 593.46 | 1,003 |
| 24 Oct 2008 | 593.10 | 596.00 | 593.10 | 593.85 | 593.31 | 5,250 |
| 23 Oct 2008 | 593.00 | 598.00 | 592.60 | 592.80 | 592.95 | 3,540 |
| 22 Oct 2008 | 592.55 | 594.35 | 592.55 | 593.90 | 593.02 | 1,510 |
| 21 Oct 2008 | 590.60 | 594.45 | 590.50 | 592.40 | 592.08 | 3,981 |
| 20 Oct 2008 | 585.15 | 594.95 | 585.15 | 592.55 | 591.70 | 17,646 |
| 17 Oct 2008 | 590.00 | 590.00 | 585.25 | 585.55 | 585.48 | 2,187 |
| 16 Oct 2008 | 581.25 | 588.90 | 581.25 | 588.00 | 585.50 | 1,392 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 6 Jun 2007 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
Where an event has no factor that can be worked out, the chart leaves out the closes before it.
Company details
- BSE code
- 505185
- ISIN
- INE053B01019
- Website
- www.kbxltd.com
- Registered office
- 238, Panchshil, Quadra 1, Magarpatta City Road, Hadapsar, Pune 411028, Maharashtra