Subros Limited · NSE:SUBROS
Subros — Q3 FY2024-25 Earnings Presentation
25 slides from Subros's earnings presentation, Jan 30, 2025
Slide 1: Cover letter to stock exchanges on investor presentation
SL/BSE/NSE/2024-25/ 25/ January 30, 2025 The Manager, Dy. General Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Ltd., BSE LIMITED, ‘Exchange Plaza’ C-11 , Block G, First Floor, P.J. Towers, Bandra-Kurla Kurla Complex, Bandra (E), Dalal Street, Fort,
Slide 2: Investor Presentation: Financial Results Quarter 3, FY 2024-25
Financial Results Quarter 3, FY 2024-25 Investor Cooling the Planet Presentation
Slide 3: 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 4: About Subros
About Subros
Slide 5: Company Profile
Company Profile 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
Slide 6: Our Board
Our Board Ms. Shradha Suri Mr.Hisahi Takeuchi Dr. Jyotsna Suri Mr. Naohisa Kuriyama Mr. Tomoaki Yoshimori Chairperson & Managing Representative of Suzuki Mr. Yasuhiro Iida Director Representative of Representative of Director DENSO Corporation, Japan Motor Corporation, Japan DENSO Corporation, Japan
Slide 7: Leadership Team
Leadership Team Ms. Shradha Suri Mr. P. K. Duggal Chairperson & Managing Director Executive Director and Chief Mr. Srini Dampur Mr. Amit Kumar Prashar Mr. Hemant Agarwal Executive Officer EVP (Technical Centre & STEC) EVP & COO Operations CFO SVP Finance
Slide 8: Customer Map
Customer Map Passenger Car Segment (AC+ECM) Refrigeration Trucks Commercial Vehicle Segment (Bus, Truck, Tractor) Railways (Driver Cabin + Coach) Residential and Commercial Tooling
Slide 9: Our Difference
Our Difference Backward integrated to enable Strong manufacturing & 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
Slide 10: Financial Results & Highlights
Financial Results & Highlights Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q3 FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q2 FY 2024-25 Way Forward
Slide 11: Business Highlights (Q3 2024-25)
Business Highlights (Q3 2024-25) Q3 24-25 vs Q3 23-24 Q3 2024-25 Highlights PVRevenue Segment Thermal growth business growth is 12.08% Highest Revenue ever Revenue reported forreported forCr. Rs. 820.98 Rs.in is 19% 748 Cr. in 3quarter 4 quarter SOP of Fronx New started business from Karsanpura awar
Slide 12: Highlights – Financial Performance
Highlights – Financial Performance 9M 2024-25 v/s 9M 2023-24 Indicator Amount Growth (Rs. in Cr.) Revenues 2459.11 9.83% EBIDTA 243.89 29.71% PBT 141.63 48.46% PAT 104.20 55.57% Q3 2024-25 v/s Q3 2023-24 Q3 2024-25 v/s Q2 2024-25 Indicator Amount Growth Indicator Amount Growth (Rs. in Cr.) (Rs. in C
Slide 13: Standalone Results For Quarter Ending and Nine Months Ending 31.12.2024
Standalone Results For Quarter Ending and Nine Months Ending 31.12.2024 Amt in Lakhs Quarter Ended Nine Months Ended Year Ended PARTICULARS 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024 Net Sales 81,854 82,561 73,013 2,45,133 2,23,260 3,06,089 Other Operating Income 244 269 235 7
Slide 14: Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24
Financial Results & Highlights Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q3 FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q2 FY 2024-25 Way Forward
Slide 15: 9M FY 2024-25 v/s 9M FY 2023-24
9M FY 2024-25 v/s 9M FY 2023-24 Rs. in Cr. Revenue 3000.00 PBT 2459.11 160.00 141.63 2500.00 2239.06 Recorded revenue 140.00 PBT stands at 2000.00 growth of 9.83% in 120.00 5.78% agst. 4.27% 95.40 9M FY 2024-25 100.00 1500.00 80.00 1000.00 60.00 40.00 4.27% 5.78% 500.00 20.00 0.00 0.00 9M FY 2023-24
Slide 16: Key Indicators 9M FY 2024-25 v/s 9M FY 2023-24
Key Indicators 9M FY 2024-25 v/s 9M FY 2023-24 Rs. in Cr. Key Aspects: Indicators 9M FY 2023-24 9M FY 2024-25 Change Status • Sales is higher by 9.80% due to Net Sales 2232.60 2451.33 218.73 increase in volume and Start of Production (SOP) of new business Other Income 10.95 14.32 3.37 award Mate
Slide 17: Results Analysis - Q3 FY 2023-24
Financial Results & Highlights Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q3 FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q2 FY 2024-25 Way Forward
Slide 18: Q3 FY 2024-25 v/s Q3 FY 2023-24
Q3 FY 2024-25 v/s Q3 FY 2023-24 Rs. in Cr. Revenue 1000.00 Recorded revenue PBT PBT realization at 820.98 45.80 800.00 732.48 growth of 12.08% with 50.00 5.60% as against corresponding Qtr 40.00 33.96 4.65% 600.00 30.00 400.00 20.00 200.00 4.65% 5.60% 10.00 0.00 0.00 Q3 FY 2023-24 Q3 FY 2024-25 Q3 F
Slide 19: Key Indicators Q3 FY 2024-25 v/s Q3 FY 2023-24
Key Indicators Q3 FY 2024-25 v/s Q3 FY 2023-24 Rs. in Cr. Indicators Q3 FY 2023-24 Q3 FY 2024-25 Change Status Key Aspects: Net Sales 730.13 818.54 88.41 • Sales is higher by 12.11% due to increase in volume and Start of Production (SOP) of Other Income 6.59 4.79 -1.80 new business award. Materi
Slide 20: Results Analysis - Q2 FY 2024-25
Financial Results & Highlights Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q3 FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q2 FY 2024-25 Way Forward
Slide 21: Q3 FY 2024-25 v/s Q2 FY 2024-25
Q3 FY 2024-25 v/s Q2 FY 2024-25 Rs. in Cr. Revenue 1000.00 PBT 828.31 820.98 48.67 50.00 45.80 800.00 Fall in revenue by 40.00 PBT realization at 600.00 0.88% with previous 30.00 5.60% as against 400.00 Qtr 5.90% 20.00 5.90% 5.60% 200.00 10.00 0.00 0.00 Q2 FY 2024-25 Q3 FY 2024-25 Q2 FY 2024-25 Q3 F
Slide 22: Key Indicators Q3 FY 2024-25 v/s Q2 FY 2024-25
Key Indicators Q3 FY 2024-25 v/s Q2 FY 2024-25 Rs. in Cr. Indicators Q2 FY 2024-25 Q3 FY 2024-25 Change Status Key Aspects: Net Sales 825.61 818.54 -7.07 • Sales is slightly lower due to product mix changes. Other Income 6.35 4.79 -1.56 Material Cost 72.15% 72.72% 0.56 • Other income is lower
Slide 23: Way Forward
Financial Results & Highlights Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q3 FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q2 FY 2024-25 Way Forward
Slide 24: Way Forward
WAY FORWARD Growth in Line with the performance of Indian Automobile Industry Market and Revenue Business Expansion in Railways, Truck AC, Bus, Home AC and Refrigeration Trucks Potential Preparation to meet all regulatory changes including BSVI, RDE, CAFÉ and EV Mitigating Impact of Foreign Exchange
Slide 25: Thank You
Thank You Cooling the Planet www.subros.com