Subros Limited · NSE:SUBROS
Subros — Q1 FY2022-23 Earnings Presentation
28 slides from Subros's earnings presentation, Aug 5, 2022
Slide 1: Outcome of Board Meeting letter
Subres SL/BSE/NSE/2022-23 August 5, 2022 The Manager, Dy. General Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Ltd., ‘Exchange Plaza’ C-1 , Block G, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051. Security ID: SUBROS BSE LIMITED, First Floor, P.J.
Slide 2: Statement of Standalone Unaudited Financial Results
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Slide 3: Price Waterhouse Review Report (Standalone)
Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Subros Limited LGF, World Trade Centre, Barakhamba Lane, New Delhi - 110001 1. We have reviewed the Standalone Unaudited Financial Results of Subros Limited (the “Company”) for the quarter ended June 30, 2022, which a
Slide 4: Statement of Consolidated Unaudited Financial Results
SUBROS LUAITED REGD. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LAME, MEW DELHI 110001 Cite:- 7-48 P9OL 1905PLCO20 134; Tet 011-23414046 Fane 011-23414945 website: worw.subros.com 5 com Statermant of Consetidsted Unaudited Financial Results for the Quarter Exiad June 30, 2022 (Rs. 7 late) June 30,
Slide 5: Price Waterhouse Review Report (Consolidated)
Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Subros Limited LGF, World Trade Centre, Barakhamba Lane, New Delhi - 110001 We have reviewed the Consolidated Unaudited Financial Results of Subros Limited (the “Company”) and its share of the net profit after tax and
Slide 6: Review report continued: Covid-19 note
6. We draw your attention to Note 5 to the Consolidated Unaudited Financial Results, which describes the management's assessment of the impact of outbreak of Coronavirus (Covid-19) on the business operations of the Company and its joint venture. The management believes that no adjustments, other tha
Slide 7: Annexure-B: Director appointment details
Subres Annexure-B Details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is given below: Name Mr. Kenichi Ayuk Reason for Change s Change in nomination by M/s Suzuki Moto
Slide 8: Investor Presentation Financial Results Quarter 1, FY 2022-23
Financial Results Quarter 1, FY 2022-23 Investor Cooling the Planet Presentation
Slide 9: Safe Harbour
SAFE HARBOUR This presentation might contain forward looking statements which involve a number of risks, uncertainties and other factors that could cause the actual results to differ materially from those in the forward looking statements. The Company undertakes no obligation to update these to refl
Slide 10: About Subros
Cooling the Planet About Subros
Slide 11: Largest Air Conditioning & Thermal Products company in India
Established in 1985, Subros is the Largest Air Conditioning & Thermal Products company in India. A Joint Venture company between Suri’s (Indian Promoters)-36.79%, Equity Distribution Denso-20%, Suzuki-11.96%, Public- 31.25% Integrated Thermal Products Noida Plant Pressure Die Casting Pune Plant Busi
Slide 12: Board of Directors
Ms. Shradha Suri Dr. Jyotsna Suri Mr. P. K. Duggal Mr. K. Ayukawa Mr Hidemasa Takahashi Mr. Tomoaki Yoshimori Mr. Yasuaki Chairperson & Managing Director Whole Time Director and Representative of Suzuki Representative of Representative of Director DENSO Corporation, Matsunaga Chief Executive Officer
Slide 13: Management team
Ms. Shradha Suri Mr P K Duggal Mr T Murayama Mr. Y P Negi Chairperson & Chief Executive Officer Advisor Chief Operating Officer Managing Director (Technical & SCM) Mr. A Parashar Mr. D Srini Hemant Agarwal Chief Operating Officer EVP CFO & VP Finance (Operations, STEC & Technical Centre Service)
Slide 14: Business segments
Passenger Car Segment (AC+ECM) Refrigeration Trucks Commercial Vehicle Segment (Bus, Truck, Tractor) Railways (Driver Cabin + Coach) Residential and Commercial Tooling
Slide 15: India's leading automotive AC company
Backward integrated to Strong manufacturing & enable built-in quality process technology infrastructure India’s leading automotive AC company Proven capabilities In full-system design, validation, manufacturing & supplies Highly reliable & energy-efficient products Pan-India presence Cost-effective
Slide 16: Financial Results & Highlights
Financial Results & Highlights Results Analysis - Q1 FY 2022-23 v/s Q1 FY 2021-22 Results Analysis - Q1 FY 2022-23 v/s Q4 FY 2021-22 Way Forward
Slide 17: Business Highlights (Q1 2022-23)
Business Highlights (Q1 2022-23) Q1 22-23 vs Q4 21-22 Q1 2022-23 Highlights PV Segment Thermal business Highest ever Sale in one Quarter growth is 3% Home Aircon growth is 15% SOP of 1 New Project in Q1 3 SOPs are in pipe line for Q2 Truck segment growth is 2% Chennai plant ready for SOP of PV Airco
Slide 18: Highlights – Financial Performance
Highlights – Financial Performance Q1 2022-23 vs Q4 2021-22 Q1 2022-23 v/s Q4 2021-22 • MSR is slightly higher due to product mix Indicator Amount Growth (Rs. in Cr.) • Employee cost is higher due to Revenues 708.53 4% Salary & Wages revision in Q1 • EBIDTA is slightly lower due to EBIDTA 45.35 -9%
Slide 19: Standalone Results For Quarter Ending 30.06.2022
Standalone Results For Quarter Ending 30.06.2022 Amt in Lacs Quarter Ended Year Ended PARTICULARS 30.06.2022 31.03.2022 30.06.2021 31.03.2022 Net Sales 70,677 67,993 47,980 2,23,491 Other Operating Income 177 116 66 373 Revenue from Operation 70,853 68,109 48,045 2,23,864 Other Income 205 240 482 99
Slide 20: Results Analysis - Q1 FY 2022-23 v/s Q1 FY 2021-22
Financial Results & Highlights Results Analysis - Q1 FY 2022-23 v/s Q1 FY 2021-22 Results Analysis - Q1 FY 2022-23 v/s Q4 FY 2021-22 Way Forward
Slide 21: Q1 FY 2022-23 v/s Q1 FY 2021-22
Q1 FY 2022-23 v/s Q1 FY 2021-22 Rs. In Lacs Revenue PBT 80000 70853 2000 1738 70000 PBT realization at Recorded revenue 60000 1500 48045 growth of 47% with 2.46% as against 50000 40000 corresponding Qtr 1000 1.04% 30000 497 20000 500 10000 0 0 Q1 FY 2021-22 Q1 FY 2022-23 Q1 FY 2021-22 Q1 FY 2022-23
Slide 22: Key Indicators Q1 FY 2022-23 v/s Q1 FY 2021-22
Key Indicators Q1 FY 2022-23 v/s Q1 FY 2021-22 Rs. In Crs. Indicators Q1 FY 2021-22 Q1 FY 2022-23 Change Status Key Aspects: Net Sales 479.80 706.77 226.97 n • MSR is increased due to increase in Commodity, Other Income 4.82 2.05 -2.77 n Container cost, Packing & Freight cost and product mix. Materi
Slide 23: Results Analysis - Q1 FY 2022-23 v/s Q4 FY 2021-22
Financial Results & Highlights Results Analysis - Q1 FY 2022-23 v/s Q1 FY 2021-22 Results Analysis - Q1 FY 2022-23 v/s Q4 FY 2021-22 Way Forward
Slide 24: Q1 FY 2022-23 v/s Q4 FY 2021-22
Q1 FY 2022-23 v/s Q4 FY 2021-22 Rs. In Lacs PBT Revenue 2500 2118 75000 70853 Recorded revenue PBT realization at 2000 1738 2.46% against 70000 68109 growth of 4% with 65000 previous Qtr 1500 3.12% 1000 60000 500 55000 50000 0 Q4 FY 2021-22 Q1 FY 2022-23 Q4 FY 2021-22 Q1 FY 2022-23 PAT EBIDTA EBIDTA
Slide 25: Key Indicators Q1 FY 2022-23 v/s Q4 FY 2021-22
Key Indicators Q1 FY 2022-23 v/s Q4 FY 2021-22 Indicators Q4 FY 2021-22 Q1 FY 2022-23 Change Status Key Aspects: Net Sales 679.93 706.77 26.84 n • MSR is marginally increased Other Income 2.40 2.05 -0.35 n due to product mix. Material Cost 76.40% 76.72% 0.32 n • Employee cost is higher due to Salary
Slide 26: Way Forward
Financial Results & Highlights Results Analysis - Q1 FY 2022-23 v/s Q1 FY 2022-23 Results Analysis - Q1 FY 2022-23 v/s Q4 FY 2021-22 Way Forward
Slide 27: Way Forward
WAY FORWARD Growth in Line with Indian Automobile Industry g Market and Revenue Business Expansion in Bus, Railways, Truck AC, Home AC and Refrigeration Trucks n Potential Preparation to meet all regulatory changes including BSVI, CAFÉ and EV n Mitigating Impact of Foreign Exchange Fluctuations/ Com
Slide 28: Thank You
Thank You Cooling the Planet www.subros.com