Slide 1: Outcome of Board Meeting cover letter
SL/BSE/NSE/19/ 22nd October, 2019 The Manager , Dy. General Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Ltd., BSE Limited, ‘Exchange Plaza’ C-1, Block G, First Floor, P.J. Towers, Bandra-Kurla Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai-4
Slide 2: Limited Review Report - Standalone
To Price Waterhouse Chartered Accountants LLP The Board of Directors Subros Limited LGF, World Trade Centre, Barakhamba Lane, New Delhi - 110001 1, We have reviewed the unaudited financial results of Subros Limited (the “Company”) for the quarter and the half year ended September 30, 2019 which are
Slide 3: Unaudited Standalone Financial Results
SUDRYD LIMITE REGD. OFFICE ; LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001 GA :- L7489901L 1985PLC0201 34; Tel: 019-23414946 Fax: 011-23414045 website: www.subros.com ; email: rakesh.aroregsubros.com STATEMENT OF UNAUDITED STANDALONE PINANCIAL RESULTS POR THE QUARTER AND SIX MONTHS ENDE
Slide 4: Notes to standalone results
a) Pursuant to the approval of Board of Directors in their held on 28th May, 2018 for closure of Company's overseas subsidiary Thai Subros Ltd. and fiting of Liquidation application in Thailand on 9th January, 2019, the management has assessed the recoverability of their investment in subsidiary and
Slide 5: Standalone Assets and Liabilities
SUBROS Tal: 011-23414946 Fan: 011-23414945 REGD. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001 CIN :- L74899DL1985PLCO20 134; Website:www.subros.com ; Email:rakesh.arora®subros.com [STATEMENT OF STANDALONE ASSETS AND LIABILITIES (Rs. tn lakhs) ‘Aa at 30th As at 31st March, Sept
Slide 6: Standalone Cash Flows
1 SUBROS LIMITED REGD. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001. CIM :- L74B99DL198SPLC020134; Ya: 011-23414946 Fem: €11-23414949 wabsite:www.subros.com ; email:rakesh.srora@subros.com STATEMENT OF STANDALONE CASH FLOWS FOR THE SIX MONTHS ENDED 30th SEPTEMBER, 2019 @®. im
Slide 7: Limited Review Report - Consolidated
To Price Waterhouse Chartered Accountants LLP The Board of Directors Subros Limited LGF, World Trade Centre, Barakhamba Lane, New Delhi - 110001 We have reviewed the unaudited consolidated financial results of Subros Limited (the “Parent”), its subsidiary (the parent and its subsidiary hereinafter r
Slide 8: Auditor report continued
6. The consolidated unaudited financial results includes the financial results of a subsidiary which have not been reviewed by their auditors, whose financial results reflect total assets of Rs. Nil and net assets of Rs. Nil as at September 30, 2019 and total revenue of Rs. Nil and Rs. Nil, total ne
Slide 9: Unaudited Consolidated Financial Results
he | avenva uMmicYU REGO. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LAME, NEW DELHI 110001 ' (Ct :- L7ABPPOLI9ESPLCO20134; Tet 011-23416046 Fax: 011-23414045 website: www. subros. com ; emall:rakesh areral? mbros.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MO
Slide 10: Notes to consolidated results
SERV’ circular dated Sth July, 2016 on IND AS and Schedule It tothe Companies Act, 201 emmpacies ator rete to comply with IND AS. Effective 1st April, 2019, the Company has adopted Ind AS 116 “Leases” and applied the same to all lease contracts existing on 1st April, 2019 retrospectively with the cu
Slide 11: Consolidated Assets and Liabilities
-— SUBROS LIMITED REGO. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110004 CIN :- L74899D1.1985PL.C020134; Website: www.subros.com ; Email:rakesh.arora® subros.com Tek: 011-23414946 Fax: 011-23414945 [STATEMENT OF CONSOLIDATED ASSETS AND LIABILITIES (Rs. in lakhs) i is As at 3tst Ma
Slide 12: Consolidated Cash Flows
STATEMENT OF CONSOLIDATED CASH FLOWS FOR THE SIX MONTHS ENDED 20th SEPTEMBER, 2019 {Rs In Lakhs) — — Pemtoders acs il ad or eal eae (UMAUDITED) (UMAUOITED) (AUDITED) [Cash flow from operating activities Profit before tax 0163 5,705 11,408 Adjustments for: [Depreciation and amortization expense 4009
Slide 13: Investor Presentation - Financial Results Q2 FY 2019-20
Cooling the Planet Financial Results – Quarter 2, FY 2019-20 Investor Presentation
Slide 14: 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 re
Slide 15: Financial Results & Highlights for the Quarter
` Financial Results & Highlights for the Quarter Results Analysis - HY 1 FY 2019-20 v/s HY 1 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q2 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q1 FY 2019-20 Way Forward 3
Slide 16: Highlights – Financial Performance
Highlights – Financial Performance ` • Overall Revenue de-growth by 12% in Q2 FY 2019-20 from corresponding quarter, however Industry has shown de- growth of 16% on Production basis & 24% on Sales basis • Home AC business generated Revenue of Rs. 31 crores in Q2 FY 2019-20 and a total revenue of Rs.
Slide 17: Standalone Results For Quarter & Period Ending 30.09.2019
Standalone Results For Quarter & Period Ending 30.09.2019 Amt in Lacs ` Quarter Ended Half Year Ended Year Ended PARTICULARS 30.09.2019 30.06.2019 30.09.2018 30.09.2019 30.09.2018 31.03.2019 Net Sales 49,613 57,179 56,336 1,06,792 1,09,444 2,12,098 Other Operating Income 35 45 67 80 128 350 Net Inco
Slide 18: Results Analysis - HY 1 FY 2019-20 v/s HY 1 FY 2018-19
` Financial Results & Highlights for the Quarter Results Analysis - HY 1 FY 2019-20 v/s HY 1 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q2 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q1 FY 2019-20 Way Forward 6
Slide 19: HY 1 FY 2019-20 v/s HY 1 FY 2018-19
HY 1 FY 2019-20 v/s HY 1 FY 2018-19 ` Revenues PBT (before exceptional) Recorded revenue PBT (before 1,000.00 de-growth of 2% exceptional) in HY 1 FY 2019- 45.00 stands at 3.79% 800.00 20 35.00 agst. 5.50% 600.00 60.14 1,095.72 1,068.72 400.00 25.00 40.49 200.00 15.00 0.00 5.00 H1 FY 2018-19 H1 FY 2
Slide 20: Key Indicators for HY 1 FY 2019-20 v/s HY 1 FY 2018-19
Key Indicators for HY 1 FY 2019-20 v/s HY 1 FY 2018-19 ` Indicators HY 1 FY 2019-20 HY 1 FY 2018-19 Change Status Key Aspects: Net Sales 1,067.92 1,094.44 -26.52 n • Overall business de-growth by 12% driven by industry de-growth of approx 24% with Other Income 9.05 9.87 -0.82 n business decline in m
Slide 21: Results Analysis - Q2 FY 2019-20 v/s Q2 FY 2018-19
` Financial Results & Highlights for the Quarter Results Analysis - HY 1 FY 2019-20 v/s HY 1 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q2 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q1 FY 2019-20 Way Forward 9
Slide 22: Q2 FY 2019-20 v/s Q2 FY 2018-19
Q2 FY 2019-20 v/s Q2 FY 2018-19 ` Revenues PBT (before exceptional) 35.00 Recorded revenue PBT (before 550.00 de-growth of 12% 30.00 exceptional) 450.00 in Q2 FY 2019-20 25.00 realization at vs Q2 FY 2019-20 3.85% 350.00 20.00 564.03 31.82 250.00 496.48 15.00 19.08 150.00 10.00 50.00 5.00 Q2 FY 2018
Slide 23: Key Indicators Q2 FY 2019-20 v/s Q2 FY 2018-19
Key Indicators Q2 FY 2019-20 v/s Q2 FY 2018-19 ` Indicators Q2 FY 2019-20 Q2 FY 2018-19 Change Status Key Aspects: Net Sales 496.13 563.36 -67.23 n • Sales de-growth with decline in OEM Other Income 6.74 5.76 0.98 n customer business such as MSIL, TML & M&M Material Cost 71.15% 70.33% 0.82 n • Mater
Slide 24: Results Analysis - Q2 FY 2019-20 v/s Q1 FY 2019-20
` Financial Results & Highlights for the Quarter Results Analysis - HY 1 FY 2019-20 v/s HY 1 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q2 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q1 FY 2019-20 Way Forward 12
Slide 25: Q2 FY 2019-20 v/s Q1 FY 2019-20
Q2 FY 2019-20 v/s Q1 FY 2019-20 ` Revenues 35.00 PBT (before exceptional) Recorded revenue PBT (before 600.00 de-growth of 13% 30.00 exceptional) 500.00 in Q2 FY 2019-20 realization at 25.00 vs Q1 FY 19-20 3.85% 400.00 20.00 300.00 572.24 496.48 15.00 200.00 21.41 19.08 100.00 10.00 0.00 5.00 Q1 FY
Slide 26: Key Indicators Q2 FY 2019-20 v/s Q1 FY 2019-20
Key Indicators Q2 FY 2019-20 v/s Q1 FY 2019-20 ` Indicators Q2 FY 2019-20 Q1 FY 2019-20 Change Status Key Aspects: Net Sales 496.13 571.79 -75.66 n • Sales de-growth with decline in OEM customer Other Income 6.74 2.31 4.43 n business such as MSIL, TML & M&M, mitigated through sales increase in busin
Slide 27: Way Forward
` Financial Results & Highlights for the Quarter Results Analysis - HY 1 FY 2019-20 v/s HY 1 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q2 FY 2018-19 Results Analysis - Q2 FY 2019-20 v/s Q1 FY 2019-20 Way Forward 15
Slide 28: Way Forward
WAY FORWARD ` Growth in Line with Indian Car, CV Segment and Home AC Segment n Market and Business Expansion in Bus, Railways, Truck AC and Refrigeration Trucks Revenue (Growth >10% over last year) n Potential Preparation to meet all regulatory changes including BSVI, CAFÉ and EV n Mitigating Impact
Slide 29: Thank You
` Thank You www.subros.com 17
Slide 30: Debenture Trustee noting certificate
Believe in vourselt. Truat ust No.CTL/DEB/19-20/Noting Certificate 22") October,2019 To Subros Limited (Issuer) LGF, World Trade Centre, Barakhamba Lane, New Delhi ~ 110 001 CERTIFICATE FOR RECEIPT AND NOTING OF INFORMATION {Pursuant to Regulation 52(5) of the Securities and Exchange Board of India