Bosch Home Comfort India Ltd
NSE: BOSCH-HCIL BSE: 523398
₹1377.80
(1.40%)
Fri, 01 May 2026, 05:12 am
Market Cap37.02B
PE Ratio303.84
Dividend3.75
Consumer Durables
Electronics/Appliances
24.5KCompany History
1984
- The Company was Incorporated as a private limited company on 7th December in the name of Acquest Air Conditioning Systems Pvt. Ltd.
1989
- All shares taken up by promoters, directors etc.
- The Company was converted into a public limited on 30th June.
1990
- Equity shares sub-divided.
- Name was changed to Amtrex Appliances on 14th September.
1991
- The Company issued through a prospectus the following: Equity shares and Fully convertible Debentures.
- The company launched the Amtrex-Shizuka range of wall mounted split air-conditioners in July.
1992
- The company proposes to issue 9,83,193 Fully Convertible Debentures on rights basis, to raise Rs. 15.23 crores from the capital market.
- Part B of Rs.75 was converted into 75 No. of equity shares for every 20 debentures held, on 15.10.1992 of Rs.10 each at a prem. of Rs.10 per share.
1993
- The Company undertook to upgrade its technology and increase installed capacity from 24000 units of air conditioners to 50,000 units per year.
- The company launched the 6,000 K. Cal (2.0 Ton) Cooling models manufactured in technical collaboration with Hitachi Ltd., Japan.
- Avikal Investments Ltd. became a subsidiary of the company.
1994
- The Company issued 9,36,375-14% fully convertible debentures of Rs.155 each on Rights basis.
- Part A of Rs.50 of the face value of each debenture was converted into 2 equity shares of Rs.10 each at a prem. of Rs.15 per share on the date of allotment of debenture.
1995
- The Company launched two major products viz. HAIKU, a 0.75 Ton window Air conditioner with Hitachi Rotory Compressor, QUADRA, a ceiling mounted split Airconditioner with Hitachi scroll compressor.
- AMTREX entered into a Distributorship Agreement with IMI corneilins of U.K. for marketing and servicing of Dispensers in India.
- The Company has also enhanced the production capacity of Airconditioners from 50,000 units to 1,00,000 units.
1996
- The Company has also now fully geared up to receive ISO 9001 certification by year end.
- The Company has also launched KAIZEN in manufacturing operations.
1997
- The Company successfully launched and marketed imported soft drink fountains.
- Amtrex has entered into a Technical Collaboration with ORFORD REFRIGERATION of Australia for manufacturing Visi-Coolers.
- The Company has launched Just In Time (JIT) Programme.
- Rating of 'FA+' assigned by CRISIL to the Fixed Deposit Scheme of the company has been retained.
1999
- The Company introduced 3 new models of Room Air-conditioners.
- The Company's manufacturing facilities became the seventh base worldwide for production of Hitachi brand Air-conditioners.
- The Company has launched 4 new models under the 'Hitachi' brand.
- Yuuhiko Yabe has been appointed as the Joint Managing Director.
2000
- The Company has posted an impressive 33 per cent growth in revenue.
- Crisil has reaffirmed the 'FA+' rating assigned to the fixed deposit programme of the company.
2001
- The Company is currently working on plans to broad base its presence in India by introducing a range of Hitachi retail and home appliances products.
2003
- Lalbhai Group Nominees Mr Sanjay S Lalbhai, Chairman and Mr Naishadh Parikh, Managing Director has resigned from the Board of Directors of the Company.
- Hitachi inducted Mr Shinya Yoshinaga as Chairman, Mr Shoji Tsubokuta as Managing Director and Mr Makoto Takeshita as Additional Director.
2004
- Allots 82,91,043 equity shares on rights basis.
- Launches new range of window air-conditioner (AC), Hitachi Quadricool, in Chandigarh.
2005
- Hitachi unveils two new products Quadricool TM and Atom UV.
2007
- Hitachi Home & Life Solutions India Ltd has appointed Akira Kamitani as Chairman and Director of the Company.
2008
- Hitachi Home & Life Solutions India Ltd has appointed Kenichi Munakata as Chairman and Director of the Company.
- Hitachi Home & Life Solutions India Ltd has appointed Dr. Anwar Ali, Ashok Balwani and Dr. Devender Nath Dave as independent directors of the Company.
2009
- Launched India's first split Ac (ACE Follow Me) with Movement Sensor.
2010
- Launched i-TEC, India's First Inverter airconditioner.
- Launched Fully loaded Kaze range of air conditioners for the mass premium segment.
- Started manufacturing of water cooled chiller of 40 HP - 120 HP capacities in India.
- Introduced Company Owned and Company Operated Service Centres - Hitachi Customer Satisfaction (HCS).
2011
- Launched i-Clean, India's First air conditioner with Automatic filter cleaning technology.
- Launched Summer, India's First 5 star rated Window air conditioner.
2012
- Introduced India's First star rated Cassette air conditioner.
- Introduced 5 star rated Summer TM window air conditioner with twin motor technology.
- Introduced Inverter technology in refrigerators.
2013
- Hitachi Home & Life Solutions Ltd Issues Rights in the Ratio of 1:5.
- Hitachi Home & Life Solutions (India) Ltd has re-constructed manufacturing facility at Karan Nagar, Kadi.
- Shoji Tsubokuta appointed as Managing Director of the Company.
2014
- Gurmeet Singh has been appointed as an Executive Director of the Company.
- Indira Parikh has been appointed as an Independent Director of the Company.
- Japanese electronic goods maker Hitachi has emerged as the top contender to buy the promoter's stake in Crompton Greaves.
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 Ltd.
- Hitachi Home & Life Solutions (India) Ltd shall be changed to Johnson Controls - Hitachi Air Conditioning India Ltd.
- Hitachi Ltd has announced a joint venture with electronics equipment manufacturer Johnsons Control to provide innovative and complete HVAC solutions.
- JCH receives Environment Minister's Award for Global Warming Prevention Activities 2016.
- JCH to introduce Hitachi room air conditioning system 'Stainless Clean Shirokuma-kun' X Series.
2017
- Hitachi Room Air Conditioner 'Stainless Clean Shirokuma-kun' Premium X Series has launched.
2023
- Johnson Controls-Hitachi Air Conditioning Launched air365 Max Cost Efficient HVAC Solution for Professionals, Architects, and Buildings Owners.
2024
- Johnson Controls-Hitachi Air Conditioning Wins the Red Dot Award for Design Concept 2024.
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