1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Subros Limited

Subros Limited

614.95
INR
-16.30
(-2.58%)
25.49EPS
33.05P/E
54.95BMarket Cap
Nov 05Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
196.07
200.37
218.49
255.73
318.65
344.29
305.23
274.9
342.59
429.18
469.2
514.6
573.62
599.09
Basic EPS, GAAP
3.47
3.34
3.99
2.2
10.09
12.37
13
7.26
4.98
7.35
14.96
23.08
25.39
25.49
Free Cash Flow per Basic Share
-2.34
7.74
13.61
-7.26
14
-4.39
21.56
13.95
6.88
1.27
7.02
8.72
-6.78
- -
Dividend per Share
0.81
0.82
0.84
0.96
0.5
1.07
1.3
0.8
0.7
0.7
1
1.8
2.6
- -
Book Value per Share
50.3
52.83
56.73
57.92
67.42
104.23
115.28
121.88
126.27
132.94
146.53
167.72
190.71
- -
Tangible Book Value per Share
29.91
26.17
29.43
26.51
36.79
76.54
87.97
95.88
100.1
107.78
121.67
143.3
166.78
- -
Basic Weighted Avg Shares
60
60
60
60
60
62
65
65
65
65
65
65
65
65
Sales/Revenue/Turnover
11,762
12,020
13,107
15,341
19,115
21,222
19,912
17,933
22,349
27,998
30,609
33,570
37,420
39,094
Operating Margin (%)
4.74
4.82
5.05
5.2
6.17
7.07
5.17
3.46
2.26
2.06
4.61
5.87
5.77
5.92
Depreciation Expense
775
789
865
879
920
788
903
921
1,024
1,103
1,165
1,282
1,249
1,229
Net Income, GAAP
208
200
239
132
606
762
848
474
325
479
976
1,505
1,656
1,663
Effective Tax Rate (%)
- -
0.39
9.25
- -
26.44
33.17
31.56
15.99
28.27
32.36
30.6
26.06
24.76
24.83
Profit Margin (%)
1.77
1.67
1.83
0.86
3.17
3.59
4.26
2.64
1.45
1.71
3.19
4.48
4.43
4.25
Working Capital
-656
-1,107
-1,174
-1,935
-2,525
-780
-360
389
626
647
1,808
3,156
4,678
- -
LT Debt
2,414
2,143
1,905
1,568
1,526
574
315
329
198
91
44
1
241
- -
Total Equity
3,018
3,169
3,403
3,475
4,044
6,799
7,520
7,951
8,238
8,673
9,559
10,941
12,441
- -
Return on Invested Capital (%)
- -
8.96
8.64
- -
11.05
11.34
10.75
5.73
3.99
4.21
10.04
13.74
12.65
- -
Return on Capital (%)
- -
8.7
8.7
- -
10.58
11.43
11.53
6.41
4.16
5.53
10.72
14.77
14.02
- -
Return on Common Equity (%)
7.07
6.47
7.29
3.83
16.11
14.06
11.85
6.13
4.01
5.67
10.71
14.69
14.17
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
506
- -
LT Borrowings
- -
241
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
65
65
Market Capitalization
56,497
41,441
54,955

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,297
- -
Cash, Cash Equivalents & STI
- -
1,398
- -
Accounts Receivable, Net
- -
4,885
- -
Inventories
- -
4,512
- -
Total Current Liabilities
- -
7,619
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
506
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.02%
9.45%
13.71%
Free Cash Flow
-106.6%
33.45%
-177.75%
Net Income, GAAP
49.15%
36.8%
10.04%
Sales/Revenue/Turnover
11.69%
16.07%
11.47%
Total Cash Common Dividend
- -
- -
44.44%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8,098
8,283
8,210
9,085
33,570
2026
8,783
8,798
9,477
10,498
37,420
2027
10,321
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.36
5.58
5.05
7.08
23.08
2026
6.26
6.24
5.33
7.56
25.39
2027
6.36
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.8
2026
- -
- -
- -
- -
2.6
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pramod Kumar Duggal
Full Time Employees
6,545
Sector
Producer manufacturing
Industry
Industrial machinery
Address
LGF, World Trade Centre New Delhi DE India 110001
IPO Date
Feb 14, 1985
Website
subros.com
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Business
Subros Limited, established in 1985 as a joint venture with Denso Corporation and Suzuki Motor Corporation, manufactures and supplies thermal products for automotive applications in India, headquartered in New Delhi with manufacturing units in Noida, Manesar, Pune, Chennai, Nalagarh, and Karsanpura. The company offers reciprocating compressors, automotive condensers, engine cooling modules including radiators, heat exchangers, heating ventilating and air conditioning systems comprising heaters, evaporators and blower units, tubes and hoses; along with bus AC systems, driver cabin AC for railway engines and locomotives, commercial and residential AC units, transport refrigeration systems, truck cabin AC systems, off-roader AC systems and tractor AC systems, primarily serving passenger vehicles, commercial vehicles, railways and residential markets with exports to select international destinations and technical collaboration with Denso enhancing product development. Ownership comprises 36.79% by Indian promoters, 20% by Denso Corporation Japan and 11.96% by Suzuki Motor Corporation Japan; recent developments include receipt of two new orders worth Rs 120 crore in Q2 FY2025 with start of production by FY2026, a Rs 27 crore order from Indian Railways' Banaras Locomotive Works for diesel locomotive cabin ACs to be completed by October 2026, new business in hydrogen-based bus project pilot with Ashok Leyland, supplies commencing to tractor segment including exports via Mahindra & Mahindra, mandatory truck driver cabin ACs driving CV orders from October 2025, board approval for Rs 150 crore greenfield plant near Maruti Suzuki's Kharkhoda facility commissioning by April 2026 targeting 60-70% utilization quickly, and new product development for electric vehicle HVAC, battery cooling, traction motor cooling and controllers alongside 20% topline from alternative fuels CNG hybrid electric segments.