Subros Ltd.
Snapshot View

319.30 +2.90 ▲0.9%

23 July 2021, 04:00:00 P.M.
Volume: 883

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Auto Ancillary Compare with Industry peers
Website http://www.subros.com
Financial Indicators
Market Cap 2,081.67 Cr.
Earnings per share (EPS) 7.26 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 43.94 Trailing Twelve Months Ending 2021-03
Industry PE 91.09 Trailing Twelve Months Ending 2021-03
Book Value / Share 121.88 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.62 Calculated using Price: 319.10
Dividend Yield 0.22 Period Ending 2020-03
No. of Shares Subscribed 6.52 Cr. 65,235,750 Shares
FaceValue 2
Company Profile

Subros was established in 1985 as a joint venture between the Suri Brothers, Denso Corporation, Japan and Suzuki Motor Corporation, Japan.

The company has grown from a capacity of 15,000 AC units in 1985 comprising of largely an assembly operation, into the largest and only integrated manufacturing unit in India for Auto Air Conditioning systems. The company has the capability to manufacture compressors, condensers, heat exchangers and all the connecting elements that are required to complete the AC Loop.

Subros has three plants in Noida, one in Manesar and one in Pune. It also has a R&D centre and Tool room in Noida. The manufacturing capacity has grown to a level of 7,50,000 AC units per annum and there is a plan to go to a level of 1,000,000 per annum by 2008.

Subros has production facility in Noida, Manesar and Noida plant produces state-of-the-art, Brazed Multi Flow (MF) Condensors, Serpentine (SP) Condensors and SP Evaporators. The facilities also include injection moulding shop for manufacture of final assemblies and cooling units.

In 2010 The Company and Denso Corporation Japan agreed to form a Joint Venture Company in India for designing automobile air conditioning systems and other devices.
2011-12 Inauguration of Chennai Plant.
2012-13 Subros Launched Transport Refrigeration Systems

  • Compressor & HAVC Division of Noida: The compressor plant produces 10P and 10S compressors for various vehicle applications. This plant extensively uses CNC machines and automatic testing equipment for production of compressors. This plant also produces hoses and tube liquids using state-of-the-art equipment.
  • Die Casting Division / Tool Room of Noida: Subros posses India's only Squeeze Die Casting plant to produce high quality intricate castings using squeeze and vacuum die casting. The technology is provided by the collaborator M/s Denso Corporation, Japan.
  • Manesar Division : Plant has been set up in Manesar in vicinity of the MUL factory on a land area of 38000 sq mtrs. The plant is equipped with latest state of art manufacturing and testing facilities.
  • Pune Division : Pune Plant has been built in Chakan , Pune on a land area of over 24000 sq mtrs. The plant's vicinity to TML helps in providing faster and efficient service to the customer. The plant will also cater to the requirements of all other west based customers. The plant has latest production facilities and a new product design/ development setup as well.

Product range of the company includes:

Subros products are known for their reliability, energy efficiency and low noise levels, making them the OE customer’s preferred choice. The company manufactures new generation energy efficient swash plate compressors from 83cc ~ 138cc to meet all the customer needs in India. HVACs, Condersors and pipings are designed to suit vehicle configurations.

  • Compressors- Subros has wide range of swash plate of compressors, compatible for R12 as well as eco friendly R-134a Refrigerant. These compressors are available in different size and capacities to suit your requirements and engine power. Because of its unique design. These compressors draw little power from engine and works efficiently and silently.
  • Condensors- Subros is the largest manufacturer in India for the automotive condensors. These condensors are manufactured in house with technical collaboration with M/S Denso Corporation of Japan on Japanese machines.
  • Evaporators- Subros existing serpentine evaporators with corrugated fins, are highly efficient and light in weight. After extensive trial, Subros has adopted latest technology in evaporators. Multi-Flow (MF) evaporators are 50% lighter in weight and 15% better in performance than existing serpentine evaporator. They also give higher fuel efficiency, better cooling, easy service in the field and need less refrigerant.
  • Blowers- High speed, low current consumption Blowers with air discharge resulting in complete circulation of air in passenger compartment. Suitable for All Maruti, Telco, Honda City vehicles.
  • Heaters- Aluminium Heater light weight, smaller in size high heat transfer unit suitable for Alto / Wagon-R, Versa, Baleno vehicles
  • Tubes & Hoses- made from special grade aluminium material with wrinkle free bending and special grade rubber material for carrying high pressure R134a environment friendly refrigerant from Compressor to Condensor to Evaporator in order to keep the Vehicle cabin cool during summer.

Achievements/ recognition

  • MUL Award for System Audit Rating Performance for the year 2006-08
  • MUL Certificate for Appreciation to participated in All India Vendor Conference for the year 2007
  • MUL Award for Vendor Performance 2007-08 in Warranty Improvement
  • 2002-03: ISO 14001- EMS
  • 2004-05: OSHAS 18001, TS 16949,               : rated among top 5 IT user in manufacturing sector in India by NASSCOM
  • 2005-06: Maruti Award for overall performance, quality, VAVE and vendor upgradation.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.92%
1 Week
-3.90%
1 Month
+4.45%
3 Month
+8.51%
6 Month
-3.18%
1 Year
+93.16%
2 Year
+46.91%
5 Year
+234.70%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 19.07 7.29 7.07 6.47 7.34 3.86 16.08 14.06 11.86
Return on Capital Employed (%) 15.81 9.65 8.43 8.10 9.32 7.58 16.01 18.24 17.62
Return on Assets (%) 6.37 2.35 2.30 2.10 2.43 1.24 4.93 5.52 5.84

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 271 286 302 317 335 347 404 680 752
Non Curr. Liab. 163 220 272 244 222 163 165 99 117
Curr. Liab. 411 375 356 412 444 620 751 661 599
Minority Int.
Equity & Liab. 844 881 929 973 1,001 1,130 1,320 1,440 1,468
Non Curr. Assets 518 595 639 672 666 704 821 857 905
Curr. Assets 326 286 290 301 335 426 499 583 563
Misc. Exp. not W/O
Total Assets 844 881 929 973 1,001 1,130 1,320 1,440 1,468

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,121 1,277 1,176 1,202 1,311 1,535 1,913 2,124 1,993
Other Income 12 11 2 1 3 7 7 10 20
Total Income 1,132 1,287 1,178 1,203 1,313 1,542 1,920 2,135 2,013
Total Expenditure -1,024 -1,154 -1,044 -1,065 -1,159 -1,367 -1,703 -1,896 -1,804
PBIDT 108 133 134 138 155 175 217 238 209
Interest -26 -36 -37 -39 -42 -48 -41 -42 -36
Depreciation -53 -73 -77 -79 -87 -88 -92 -79 -90
Taxation -10 -4 1 0 -2 5 -22 -38 -39
Exceptional Items 29 -31 -2 -3 41
PAT 48 20 21 20 24 13 60 76 85

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 86 177 96 141 151 111 315 100 239
Cash Fr. Inv. -177 -135 -109 -94 -69 -75 -231 -126 -93
Cash Fr. Finan. 89 -42 14 -48 -82 -35 -72 17 -148
Net Change -2 0 1 -1 0 1 13 -8 -3
Cash & Cash Eqvt 2 2 3 2 2 2 15 7 4

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 36.79 36.79 36.79 36.79 36.79 36.79 36.79 36.79 36.79
Public 63.21 63.21 63.21 63.21 63.21 63.21 63.21 63.21 63.21
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Subros Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Sat, 17 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0330
Name of the Signatory :- Rakesh Arora
Designation :- Company Secretary and Compliance Officer
Tue, 13 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
We are enclosing herewith a certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021



Technical Scans View Details

Fri, 23 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Below Zero Both SRS And ARS Below Zero
Closing Near 50 EMA Closing Near 50 EMA
Close Crossing 50 EMA From Below Close Crossing 50 EMA From Below

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