Subros Limited · NSE:SUBROS
Subros — Q4 FY2024-25 Earnings Presentation
27 slides from Subros's earnings presentation, May 22, 2025
Slide 1: Cover letter to stock exchanges
SL/BSE/NSE/2025-26 May 22, 2025 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, Bandra (E), Dalal Street, Fort, Mumbai-400 051.
Slide 2: Financial Results Quarter 4, FY 2024-25 Investor Presentation
Financial Results Quarter 4, FY 2024-25 Investor 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: Company Profile
Company Profile Established in 1985, Subros is the Largest Air Conditioning & Thermal Products company in India. A Joint Venture company between OUR PRESENCE Indian Promoters -36.79%, Denso-20%, Equity Distribution Suzuki-11.96%, Public-31.25% Integrated Thermal Products manufacturer Business for au
Slide 5: Our Board
Our Board Ms. Shradha Suri Dr. Jyotsna Suri Mr. P. K. Duggal Mr. Hisahi Takeuchi Mr. Tomoaki Yoshimori Mr. Yoshuira IIDA Mr Yusuke Hara Chairperson & Managing Director Executive Director and Chief Representative of Suzuki Representative of Alternate Director Representative of Director Executive Offi
Slide 6: SEC Team and OEC Team
SEC Team Shradha Suri Mr P K Duggal Mr. Srini Dampur Marwah ED & CEO EVP (Technical Centre & CMD STEC) OEC Team Mr Hemant Agarwal Mr. AK Parashar Mr. Ajay Agarwal Mr. Roopak Mr S.S. Gill Mr Gaurav Gupta Mr Harish Rahul Shalya CFO & SVP Finance EVP & COO VP SCM Agarwal AVP Finance VP HRD Kumar AVP CQ
Slide 7: 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 8: Core Competencies
Core Competencies Backward integrated to enable built- Strong manufacturing & process in quality technology infrastructure India’s leading automotive AC company Proven capabilities In full-system design, validation, manufacturing & supplies Highly reliable & energy- efficient products Pan-India pres
Slide 9: Results & Highlights
Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward
Slide 10: Highlights - Financial Performance
Highlights- Financial Performance FY 2024-25 v/s FY 2023-24 (Rs. in Cr.) REVENUES 3367.57 9.67% EBITDA 343.12 27.61% Revenue PBT 203.46 44.61% PAT 150.40 53.99% EBITDA Q4 2024-25 v/s Q4 2023-24 (Rs. in Cr.) REVENUES 9.25% PBT EBITDA 99.23 22.72% PBT 61.83 36.49% PAT PAT 46.20 50.57% Q4 2024-25 v/s Q
Slide 11: Business Highlights (Q4 2024-25)
Business Highlights (Q4 2024-25) Q4 24-25 vs Q4 23-24 Q4 2024-25 Highlights PVRevenue Segmentgrowth Thermal business growth is 9.25% Highestever Highest everRevenue Revenuereported reportedfor forRs. Rs. is 19% 908.46 748 Cr. inCr. in quarter quarter 4 4 SOP of Fronx New started business from Karsan
Slide 12: Standalone Results for Quarter and Year Ending 31.03.2025
Standalone Results For Quarter Ending and Year Ending 31.03.2025 Amt in Lakhs Quarter Ended Year Ended PARTICULARS 31.03.2025 31.12.2024 31.03.2024 31.03.2025 31.03.2024 Net Sales 90,568 81,854 82,829 3,35,700 3,06,089 Other Operating Income 279 244 322 1,057 968 Net Income from Operation 90,846 82,
Slide 13: Results Analysis - Revenue
Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward
Slide 14: Revenue Performance Summary
Financial Performance Summary Rs. in Cr. Revenue Key Aspects (YoY): • Revenue is higher by 9.67% during the FY 2023-24 vs FY 2024-25 current financial year due to increase 9.67% in volume and Start of Production 3,367.57 (SOP) of new business award 3,070.57 Q4 FY24 vs Q4 FY25 9.25% Key Aspects (QoQ)
Slide 15: Results Analysis - EBITDA
Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward
Slide 16: EBITDA Performance Summary
Financial Performance Summary Rs. in Cr. EBITDA Key Aspects (YoY): • EBIDTA is higher by 27.61% during the FY 2023-24 vs FY 2024-25 current financial year due to Cost down initiatives taken by the organisation 343.12 27.61% Q4 FY24 vs Q4 FY25 22.72% Key Aspects (QoQ): 268.88 Q3 FY25 vs Q4 FY25 • EBI
Slide 17: Results Analysis - PBT
Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward
Slide 18: PBT Performance Summary
Financial Performance Summary Rs. in Cr. PBT Key Aspects (YoY): FY 2023-24 vs FY 2024-25 • PBT is higher by 44.61% during the 203.46 current financial year due to Cost Q4 FY24 vs Q4 FY25 down initiatives taken by the 44.61% organisation 36.49% 140.70 Key Aspects (QoQ): Q3 FY25 vs Q4 FY25 • PBT is hi
Slide 19: Results Analysis - PAT
Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward
Slide 20: PAT Performance Summary
Financial Performance Summary Rs. in Cr. PAT Key Aspects: FY 2023-24 vs FY 2024-25 • PAT is higher due to lower tax rate after adoption of new tax regime w,e.f. 150.40 01.04.2024 53.99% Q4 FY24 vs Q4 FY25 50.57% 97.66 PBT Q3 FY25 vs Q4 FY25 40.67% 46.20 30.68 32.84 3.19% 4.48% 3.70% 4.01% 5.10% FY 2
Slide 21: Financial Key Indicators
Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward
Slide 22: Key Indicators FY 2024-25 v/s FY 2023-24
Key Indicators FY 2024-25 v/s FY 2023-24 Rs. in Cr. Indicators FY 2023-24 FY 2024-25 Change Status Key Aspects: • Revenue is higher by 9.67% due to Revenue from Operation 3070.57 3367.57 297.00 n increase in volume and Start of Production (SOP) of new business Other Income 14.67 20.78 6.11 n award M
Slide 23: Key Indicators Q4 FY 2024-25 v/s Q4 FY 2023-24
Key Indicators Q4 FY 2024-25 v/s Q4 FY 2023-24 Rs. in Cr. Indicators Q4 FY 2023-24 Q4 FY 2024-25 Change Status Key Aspects: • Revenue is higher by 9.25% in Q4 Revenue from Operation 831.51 908.46 76.95 n from corresponding quarter of last Other Income 3.72 6.46 2.74 n year due to increase in volume
Slide 24: Key Indicators Q4 FY 2024-25 v/s Q3 FY 2024-25
Key Indicators Q4 FY 2024-25 v/s Q3 FY 2024-25 Rs. in Cr. Indicators Q3 FY 2024-25 Q4 FY 2024-25 Change Status Key Aspects: Revenue from Operation 820.98 908.46 87.48 • Revenue is higher by 10.66% in Q4 n from previous quarter due to increase Other Income 4.79 6.46 1.67 n in volume Material Cost 72.
Slide 25: Way Forward
Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward
Slide 26: Way Forward
WAY FORWARD Company Growth aligned Business Expansion in CV To Realize business Market and to Industry Segment opportunities Green Revenue Growth in all segments (Bus, rail, Truck) Mobility ( EV, SHEV, CNG etc) Potential Technology upgrade to meet Mitigating Impact of Foreign Capacity thru Internal
Slide 27: Thank You
Thank You — Subres Cooling the Planet —— Subres