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- SUBROS
SUBROS
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Summary
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Recent events
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News
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Corporate Actions
Subros Ltd Dec-Quarter Consol Profit 329.2 Mln Rupees
Jan 30 (Reuters) - Subros Ltd SUBR.NS:
DEC-QUARTER CONSOL PROFIT 329.2 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.21 BILLION RUPEES
RE-APPOINTS SHRADHA SURI AS CHAIRPERSON & MANAGING DIRECTOR FOR 3 YEARS
Source text: ID:nBSE8dM3K6
Further company coverage: SUBR.NS
(([email protected];;))
Jan 30 (Reuters) - Subros Ltd SUBR.NS:
DEC-QUARTER CONSOL PROFIT 329.2 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.21 BILLION RUPEES
RE-APPOINTS SHRADHA SURI AS CHAIRPERSON & MANAGING DIRECTOR FOR 3 YEARS
Source text: ID:nBSE8dM3K6
Further company coverage: SUBR.NS
(([email protected];;))
India's Subros rises on Q2 profit jump
** Shares of thermal products maker Subros SUBR.NS rise 3.4% to 693.70 rupees
** Co reports a 36% rise in Sept-qtr consol profit to 364.2 million rupees ($4.3 million), while revenue from ops rose about 2%
** SUBR on track for third straight session of gains
** Busiest session in about two months; more than 197,000 shares change hands, three times the 30-day avg.
** Stock has gained ~27% so far this year vs a 56% rise in peer Fiem Industries FIIN.NS
($1 = 84.3250 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of thermal products maker Subros SUBR.NS rise 3.4% to 693.70 rupees
** Co reports a 36% rise in Sept-qtr consol profit to 364.2 million rupees ($4.3 million), while revenue from ops rose about 2%
** SUBR on track for third straight session of gains
** Busiest session in about two months; more than 197,000 shares change hands, three times the 30-day avg.
** Stock has gained ~27% so far this year vs a 56% rise in peer Fiem Industries FIIN.NS
($1 = 84.3250 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
Subros Ltd June-Quarter Consol Profit 349.9 Million Rupees
Aug 12 (Reuters) - Subros Ltd SUBR.NS:
SUBROS LTD JUNE-QUARTER CONSOL PROFIT 349.9 MILLION RUPEES
SUBROS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.10 BILLION RUPEES
SUBROS LTD - APPROVES FOR GREENFIELD MANUFACTURING PLANT TO BE SET-UP IN HARYANA
Further company coverage: SUBR.NS
(([email protected];))
Aug 12 (Reuters) - Subros Ltd SUBR.NS:
SUBROS LTD JUNE-QUARTER CONSOL PROFIT 349.9 MILLION RUPEES
SUBROS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 8.10 BILLION RUPEES
SUBROS LTD - APPROVES FOR GREENFIELD MANUFACTURING PLANT TO BE SET-UP IN HARYANA
Further company coverage: SUBR.NS
(([email protected];))
Subros Dividend 1.80 Rupees Per Share
May 23 (Reuters) - Subros Ltd SUBR.NS:
SUBROS LTD - DIVIDEND 1.80 RUPEES PER SHARE
SUBROS LTD - PARMOD KUMAR DUGGAL RE-APPOINTED AS CEO
Source text for Eikon: ID:nNSE7Ms67K
Further company coverage: SUBR.NS
(([email protected];))
May 23 (Reuters) - Subros Ltd SUBR.NS:
SUBROS LTD - DIVIDEND 1.80 RUPEES PER SHARE
SUBROS LTD - PARMOD KUMAR DUGGAL RE-APPOINTED AS CEO
Source text for Eikon: ID:nNSE7Ms67K
Further company coverage: SUBR.NS
(([email protected];))
India's Subros hits record high on order mandating AC in select commercial vehicles
** Shares of thermal products maker Subros SUBR.NS up 3.6% at a record high of 544.45 rupees
** Stock up more than 20% this week after Indian govt's notification mandating installation of air conditioning (AC) systems in select commercial vehicle cabins
** Mandatory installation of AC in commercial vehicles will boost revenue and improve margins for Subros, analysts at Nirmal Bang said in a note after attending an analyst meet hosted by the co
** Subros adds that it could outpace industry growth by 2-3% on the back of product diversification and increasing market share of sports utility and electric vehicles
** Stock sees its busiest week; more than 8.4 mln shares have changed hands so far this week
** Stock up more than 80% YTD, set for its best year since 2017 when it rose ~90%
(Reporitng by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of thermal products maker Subros SUBR.NS up 3.6% at a record high of 544.45 rupees
** Stock up more than 20% this week after Indian govt's notification mandating installation of air conditioning (AC) systems in select commercial vehicle cabins
** Mandatory installation of AC in commercial vehicles will boost revenue and improve margins for Subros, analysts at Nirmal Bang said in a note after attending an analyst meet hosted by the co
** Subros adds that it could outpace industry growth by 2-3% on the back of product diversification and increasing market share of sports utility and electric vehicles
** Stock sees its busiest week; more than 8.4 mln shares have changed hands so far this week
** Stock up more than 80% YTD, set for its best year since 2017 when it rose ~90%
(Reporitng by Nishit Navin in Bengaluru)
(([email protected];))
India's Subros hits record high as govt mandates AC in commercial vehicles
** Shares of thermal products maker Subros SUBR.NS rise as much as 17.9% to a record high of 531 rupees
** Stock closes 10.9% higher
** India govt on Friday issued notification mandating installation of air conditioning systems in commercial vehicle cabins from Oct. 2025
** Co also got an order on Saturday from Indian Railways worth 250 mln rupees ($3.0 mln) to supply and commission coach roof mounted air conditioners
** Stock sees best ever session on volumes as 4.2 mln shares change hands
** YTD, shares up 67%
($1 = 83.3860 Indian rupees)
(Reporting by Ashna Teresa Britto)
(([email protected] ; ( +91 8078332441))
** Shares of thermal products maker Subros SUBR.NS rise as much as 17.9% to a record high of 531 rupees
** Stock closes 10.9% higher
** India govt on Friday issued notification mandating installation of air conditioning systems in commercial vehicle cabins from Oct. 2025
** Co also got an order on Saturday from Indian Railways worth 250 mln rupees ($3.0 mln) to supply and commission coach roof mounted air conditioners
** Stock sees best ever session on volumes as 4.2 mln shares change hands
** YTD, shares up 67%
($1 = 83.3860 Indian rupees)
(Reporting by Ashna Teresa Britto)
(([email protected] ; ( +91 8078332441))
Subros Announces Development Of Indigenous Thermal EV Solution For Hydrogen Cell Bus
Sept 4 (Reuters) - Subros Ltd SUBR.NS:
ANNOUNCES DEVELOPMENT OF INDIGENOUS THERMAL EV SOLUTION FOR HYDROGEN CELL BUS
Source text for Eikon: ID:nBSE8MKlBh
Further company coverage: SUBR.NS
(([email protected];))
Sept 4 (Reuters) - Subros Ltd SUBR.NS:
ANNOUNCES DEVELOPMENT OF INDIGENOUS THERMAL EV SOLUTION FOR HYDROGEN CELL BUS
Source text for Eikon: ID:nBSE8MKlBh
Further company coverage: SUBR.NS
(([email protected];))
India's Subros Ltd June-Quarter Consol Profit Rises
Aug 8 (Reuters) - Subros Ltd SUBR.NS:
INDIA'S SUBROS LTD JUNE-QUARTER CONSOL PROFIT 135.6 MILLION RUPEES VERSUS PROFIT 116.5 MILLION RUPEES
SUBROS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.93 BILLION RUPEES VERSUS 7.09 BILLION RUPEES
Source text for Eikon: ID:nBSE9F88RH
Further company coverage: SUBR.NS
(([email protected];))
Aug 8 (Reuters) - Subros Ltd SUBR.NS:
INDIA'S SUBROS LTD JUNE-QUARTER CONSOL PROFIT 135.6 MILLION RUPEES VERSUS PROFIT 116.5 MILLION RUPEES
SUBROS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.93 BILLION RUPEES VERSUS 7.09 BILLION RUPEES
Source text for Eikon: ID:nBSE9F88RH
Further company coverage: SUBR.NS
(([email protected];))
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Popular questions
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What does Subros do?
Subros Limited, a leading manufacturer in India, specializes in thermal products for automotive applications through a joint venture with Suri family, Denso Corporation, and Suzuki Motor Corporation.
Who are the competitors of Subros?
Subros major competitors are Lumax Auto Tech, Banco Products (I), SJS Enterprises, Pricol, Sandhar Tech, Rajratan Global Wire, Kernex Microsystems. Market Cap of Subros is ₹4,070 Crs. While the median market cap of its peers are ₹3,032 Crs.
Is Subros financially stable compared to its competitors?
Subros seems to be less financially stable compared to its competitors. Altman Z score of Subros is 5.8 and is ranked 5 out of its 8 competitors.
Does Subros pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Subros latest dividend payout ratio is 12.03% and 3yr average dividend payout ratio is 13.23%
How has Subros allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Subros balance sheet?
Balance sheet of Subros is strong. But short term working capital might become an issue for this company.
Is the profitablity of Subros improving?
Yes, profit is increasing. The profit of Subros is ₹135 Crs for TTM, ₹97.62 Crs for Mar 2024 and ₹47.92 Crs for Mar 2023.
Is the debt of Subros increasing or decreasing?
Yes, The debt of Subros is increasing. Latest debt of Subros is -₹96.5 Crs as of Sep-24. This is greater than Mar-24 when it was -₹214.9 Crs.
Is Subros stock expensive?
Subros is not expensive. Latest PE of Subros is 30.2, while 3 year average PE is 50.91. Also latest EV/EBITDA of Subros is 12.96 while 3yr average is 14.02.
Has the share price of Subros grown faster than its competition?
Subros has given lower returns compared to its competitors. Subros has grown at ~21.1% over the last 3yrs while peers have grown at a median rate of 45.52%
Is the promoter bullish about Subros?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Subros is 36.79% and last quarter promoter holding is 36.79%.
Are mutual funds buying/selling Subros?
The mutual fund holding of Subros is increasing. The current mutual fund holding in Subros is 11.18% while previous quarter holding is 10.72%.