Subros Limited · NSE:SUBROS
Subros — Q2 FY2021-22 Earnings Presentation
30 slides from Subros's earnings presentation, Oct 22, 2021
Slide 1: Outcome of Board Meeting
Subr..,s SUBSE/NSE/2021-22 October 22, 2021 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 Complex, Sandra (E), Dalal Street, Fort, Mumb
Slide 2: 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 and six months ended Septemb
Slide 3: Statement of Unaudited Standalone Financial Results
TOeROS LIMITED REGD. OFFICE : LOF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001 CIN :- L74999DL1985PLO020124; Tel: 011-23414946 Fac 011-234146S \websha:werw.subros.com ; ems rekesh. srora@eubros.com STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEP
Slide 4: Notes to Standalone Financial Results
5 In fhanctal your 2019-2, the tx laws were amended, proving an option to pay tax at 22% plus applicable sicharge and cess (New Rate’) effective A 1, 2019, with a canditen] that the Company will need to surrender specified deductions / incentives, Based an the assessment of future taxable profits, t
Slide 5: Unaudited Standalone Statement of Assets and Liabilities
; “SUBROS LINTED REGD, OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001 GIN :- L74899DL1985PLC020134; Websiterwww.tubros.com ; Ematl:rakesh.erora@subros.com Tel: 011-23414946 Fax: 011-23414945 VNAUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES fi) Loans: 25 17 ii) Other fina
Slide 6: Unaudited Standalone Statement of Cash Flows
SUBROS UMITED REGD. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001 CIN :- L74899DLI9SSPLCO20134; Tel: 011-23414946 Fax: 011-73414945 webs?te:wwnw.subros.com ; emall:rakesh.arora@subros.com, ‘UNAUDITED STANDALONE MENT OF CASH FIOWS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 20 Cash f
Slide 7: 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 1. We have reviewed the consolidated unaudited financial results of Subros Limited (the “Company”) and its share of the net profit after tax
Slide 8: Review Report - Consolidated (continued)
6. We draw your attention lo Note 5 lo lhe 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 9: Statement of Unaudited Consolidated Financial Results
= Wanye REGD. OFPICE : LOF, WORLD TRADE CONTRE, BARAKHAMBA LANE, EW DELHE-110001 (COM s+ LIASPOOLSOESPLOOMISS4; Tol: O14-25414846 Pat: O11-23414045 eR SAAN ORS. STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL REWULTS FOR THe QUARTER AN SEX MONTHS ENOED SEPTEMBER 20, 2021 } b) Changes in iventories of
Slide 10: Notes to Consolidated Financial Results
[3 “The Covrpany and Ra Jolt ventures operations comprise Of only Gow terran Le. Thera OGOCTE. Farce, no TurtheyIaferation le requlred ta be given Im respect of vegment. 4 The consolidated financial results include the results of the following entity namaty, Subros Limited (Company) end Oeneo Subros
Slide 11: Unaudited Consolidated Statement of Assets and Liabilities
~SUBROS LiniTED REGO, OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001 CIN :- L7489901.1995PLC020134; Website: www.subros.com ; Email:rakesh.arare@subros.com Tels 011-23414946 Fax: 011-23414945 JUNAUDITED CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES ili) Other financial assets
Slide 12: Unaudited Consolidated Statement of Cash Flows
SURO LIMITED REGO, OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-130002 CIN :- L7A899DLI98SPLC020134; Tel: 021-23424946 Fax; 012-23424945 THE SX, Unrealized foreign currency loss (net) Fair vaiue changes on derivatives [Share of net profit of joint venture accounted for using equity m
Slide 13: Investor Presentation: Financial Results Quarter 2, FY 2021-22
Financial Results Quarter 2, FY 2021-22 Investor C li the Cooling h Planet Pl 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 refl
Slide 15: Financial Results & Highlights for the Quarter
Financial Results & Highlights for the Quarter Results Analysis ‐ HY 1 FY 2021‐22 v/s HY 1 FY 2020‐21 Results Analysis ‐ Q2 FY 2021‐22 v/s Q2 FY 2020‐21 Results Analysis ‐ Q2 FY 2021 2021‐22 22 v/s Q1 FY 2021‐22 2021 22 Way Forward 3
Slide 16: Highlights – Financial Performance
Highlights – Financial Performance • Overall Revenue growth by 16% in Quarter 2 FY 2021‐22 from Quarter 2 FY 2020‐21. However EBIDTA is lowered by 35% and PBT is lower by 73% over corresponding quarter of last year. • The second wave of Covid‐19 pandemic has created economic disruption throughout th
Slide 17: Standalone Results For Quarter & Period Ending 30.09.2021
Standalone Results For Quarter & Period Ending 30.09.2021 Amt in Lacs Quarter Ended Six Months Ended Year Ended PARTICULARS 30.09.2021 30.06.2021 30.09.2020 30.09.2021 30.09.2020 31.03.2021 Net Sales 52,881 47,979 45,773 1,00,860 53,145 1,79,333 Other Operating Income 67 66 37 133 42 232 Revenue fro
Slide 18: Results Analysis - HY1 FY 2021-22 v/s HY1 FY 2020-21
Financial Results & Highlights for the Quarter Results Analysis ‐ HY 1 FY 2021‐22 v/s HY 1 FY 2020‐21 Results Analysis ‐ Q2 FY 2021‐22 v/s Q2 FY 2020‐21 R Results lt AAnalysis l i ‐ Q2 FY 2021 2021‐22 22 v/s / Q1 FY 2021‐22 2021 22 Way Forward 6
Slide 19: HY1 FY 2021-22 v/s HY1 FY 2020-21
HY 1 FY 2021‐22 v/s HY 1 FY 2020‐21 Revenue Recorded revenue PBT PBT (before 120000 100993 growth of 90% in 2000 exceptional) 1264 100000 HY 1 FY 2021‐22 stands at 1.25% 1000 80000 agst. ‐4.70% 60000 53187 0 40000 (1000) 20000 (2000) 0 (3000) (2499) HY1 FY 2020‐21 HY1 FY 2021‐22 HY1 FY 2020‐21 HY1 F
Slide 20: Key Indicators for HY1 FY 2021-22 v/s HY1 FY 2020-21
Key Indicators for HY 1 FY 2021‐22 v/s HY 1 FY 2020‐21 Indicators HY1 FY 2020‐21 2020 21 HY1 FY 2021‐22 2021 22 Change Status Key y Aspects: p Net Sales 531.45 1008.60 477.15 • Sales growth is because of outbreak of COVID‐19 pandemic and subsequent Other Income 4.81 7.20 2.39 lockdown announced
Slide 21: Results Analysis - Q2 FY 2021-22 v/s Q2 FY 2020-21
Financial Results & Highlights for the Quarter Results Analysis ‐ HY 1 FY 2021‐22 v/s HY 1 FY 2020‐21 Results Analysis ‐ Q2 FY 2021‐22 v/s Q2 FY 2020‐21 R Results lt AAnalysis l i ‐ Q2 FY 2021 2021‐22 22 v/s / Q1 FY 2021‐22 2021 22 Way Forward 9
Slide 22: Q2 FY 2021-22 v/s Q2 FY 2020-21
Q2 FY 2021‐22 v/s Q2 FY 2020‐21 Revenue PBT 54000 52948 3000 2794 52000 Recorded revenue 2500 PBT (before 50000 growth of 16% with 2000 exceptional) 48000 corresponding Qtr 1500 realization at 1.45% 46000 45810 1000 767 as against 6.10% 44000 500 42000 0 Q2 FY 2020‐21 Q2 FY 2021‐22 Q2 FY 2020‐21 Q2
Slide 23: Key Indicators Q2 FY 2021-22 v/s Q2 FY 2020-21
Key Indicators Q2 FY 2021‐22 v/s Q2 FY 2020‐21 Indicators Q2 FY 2020‐21 Q2 FY 2021‐22 Change Status Key Aspects: Net Sales 457.73 528.81 71.08 • Other income is reduced due to Other Income 3.77 2.38 ‐1.39 settlement / reinstatement of Foreign liabilities. Material Cost 69.34% 73.31% 3.97 • MSR
Slide 24: Results Analysis - Q2 FY 2021-22 v/s Q1 FY 2021-22
Financial Results & Highlights for the Quarter Results Analysis ‐ HY 1 FY 2021‐22 v/s HY 1 FY 2020‐21 Results Analysis ‐ Q2 FY 2021‐22 v/s Q2 FY 2020‐21 R Results lt AAnalysis l i ‐ Q2 FY 2021 2021‐22 22 v/s / Q1 FY 2021 2021‐22 22 Way Forward 12
Slide 25: Q2 FY 2021-22 v/s Q1 FY 2021-22
Q2 FY 2021‐22 v/s Q1 FY 2021‐22 Revenue PBT PBT (before 54000 52948 1000 exceptional) 53000 52000 Recorded revenue 800 767 realization at 51000 growth of 10% 1.45% against 50000 with previous Qtr 600 497 1.04% 49000 48045 48000 400 47000 200 46000 45000 0 Q1 FY 2021‐22 Q2 FY 2021‐22 Q1 FY 2021‐22 Q2
Slide 26: Key Indicators Q2 FY 2021-22 v/s Q1 FY 2021-22
Key Indicators Q2 FY 2021‐22 v/s Q1 FY 2021‐22 Indicators Q1 FY 2021‐22 Q Q2 FY 2021‐22 Q Change g Status Key Aspects: Net Sales 479.79 528.81 49.02 • Other income is reduced due to settlement/reinstatement of Other Income 4.82 2.38 ‐2.44 Foreign liabilities. Material Cost 73 06% 73.06% 73 31% 7
Slide 27: Way Forward
Financial Results & Highlights for the Quarter Results Analysis ‐ HY 1 FY 2021‐22 v/s HY 1 FY 2020‐21 Results Analysis ‐ Q2 FY 2021‐22 v/s Q2 FY 2020‐21 R Results lt AAnalysis l i ‐ Q2 FY 2021 2021‐22 22 v/s / Q1 FY 2021‐22 2021 22 Way Forward 15
Slide 28: Way Forward
WAY FORWARD Growth in Line with Indian Automobile Industry Market and Revenue Business Expansion in Bus, Railways, Truck AC and Refrigeration Trucks Potential Preparation to meet all regulatory changes including BSVI, CAFÉ and EV Mitigating g g Impact p of Foreign g Exchange g Fluctuations (Co
Slide 29: COVID-19
COVID‐19 Due to the spread of COVID‐19, a global pandemic, the operations of the Company were impacted and all manufacturing plants and offices were shutdown following a nationwide lockdown imposed by the Government of India. The Company has resumed manufacturing operations in a phased manner in acc
Slide 30: Thank You
Thank You Cooling the Planet www subros com www.subros.com