Subros Limited · NSE:SUBROS
Subros — Q3 FY2020-21 Earnings Presentation
26 slides from Subros's earnings presentation, Jan 29, 2021
Slide 1: Outcome of Board Meeting cover letter
Subres SL/BSE/NSE/2020-21/ January 29, 2021 The Manager , Listing Department, National Stock Exchange of India Ltd., ‘Exchange Plaza’ C-1, Block G, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051. Security ID: SUBROS Dy. General Manager, Department of Corporate Services, BSE Limited, First Floor, P
Slide 2: Statement of Unaudited Standalone Financial Results
SUBROS LIMITED REGD. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-110001 CIN :- L74899DL1985PLC0201 34; Tel: 011-23414946 Fax: 011-23414945 website: www.subros.com ; email:rakesh.arora@subros.com STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDE
Slide 3: Notes to standalone results
5 The Company's operations and financial results for the nine months ended 31st December, 2020 have been adversely impacted by the outbreak of COVID-19} Pandemic and the consequent lockdown announced by the Government of India due to which the operations were suspended for part of the first quarter
Slide 4: Review Report - Price Waterhouse Chartered Accountants LLP
Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Subros Limited LGF, World Trade Centre, Barakhamba Lane, New Dethi-110001 1. We have reviewed the unaudited financial results of Subros Limited (the “Company”) for the quarter ended December 31, 2020 and the year to d
Slide 5: Statement of Unaudited Consolidated Financial Results
SUBROS LIMITED REGD. OFFICE : LGF, WORLD TRADE CENTRE, BARAKHAMBA LANE, NEW DELHI-1 10001 CIN :- L74899DL1985PLC020134; Tel: 011-23414946 Fax: 011-23414945 website:www.subros.com ; email:rakesh.arora@subros.com STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS END
Slide 6: Notes to consolidated results
3 The Company and its joint venture's operations comprise of only one segment i.e. Thermal products. Hence, no further information is required to be given in respect off segment. 4 There was a fire accident in one of the plants of the Company situated at Manesar on 29th May, 2016. The fire had sever
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-110002 1. We have reviewed the unaudited consolidated financial results of Subros Limited (the “Company”) and its joint venture (refer Note 5 on the S
Slide 8: Review Report (continued)
highly dependent upon circumstances as they evolve. Our opinion is not modified in respect of this matter. 7. We did not review the interim financial results of a joint venture included in the consolidated unaudited financial results which includes the Company’s share of net profit after tax of Rs.
Slide 9: Investor Presentation - Financial Results Quarter 3, FY 2020-21
Financial Results Quarter 3, FY 2020-21 Investor C li the Cooling h Planet Pl Presentation
Slide 10: 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 11: Financial Results & Highlights for the Quarter
Financial Results & Highlights for the Quarter R Results lt AAnalysis l i ‐ Q3 FY 2020 2020‐21 21 v/s / Q3 FY 2019‐20 2019 20 Results Analysis y ‐Q Q3 FY 2020‐21 v/s / Q2 Q FY 2020‐21 Results Analysis ‐ 9M FY 2020‐21 v/s 9M FY 2019‐20 Way Forward 3
Slide 12: Highlights – Financial Performance
Highlights – Financial Performance • Overall Revenue growth by 30% in Quarter 3 FY 2020‐21 from Quarter 3 FY 2019‐20. EBIDTA has improved by 38% and PBT has improved by 112% over corresponding quarter. • The Company’s operations and financial results for the Nine months have been adversely impacted
Slide 13: Standalone Results For Quarter & Period Ending 31.12.2020
Standalone Results For Quarter & Period Ending 31.12.2020 Amt in Lacs Quarter Ended Nine Months Ended Year Ended PARTICULARS 31.12.2020 30.09.2020 31.12.2019 31.12.2020 31.12.2019 31.03.2020 Net Sales 60 322 60,322 45 773 45,773 46 532 46,532 113 467 113,467 153 324 153,324 199 122 199,122 Other Ope
Slide 14: Results Analysis - Q3 FY 2020-21 v/s Q3 FY 2019-20
Financial Results & Highlights for the Quarter R Results lt AAnalysis l i ‐ Q3 FY 2020 2020‐21 21 v/s / Q3 FY 2019 2019‐20 20 Results Analysis y ‐Q Q3 FY 2020‐21 v/s / Q2 Q FY 2020‐21 Results Analysis ‐ 9M FY 2020‐21 v/s 9M FY 2019‐20 Way Forward 6
Slide 15: Q3 FY 2020-21 v/s Q3 FY 2019-20
Q3 FY 2020‐21 v/s Q3 FY 2019‐20 Amt in Lacs Revenue PBT 70000 5000 60385 60000 Recorded revenue 4161 PBT (before 50000 46561 growth of 30% with 4000 exceptional) 40000 corresponding Qtr 3000 realization at 6.90% 1961 as against 4.21% 30000 2000 20000 1000 10000 0 0 Q3 FY 2019‐20 Q3 FY 2020‐21 Q3 FY
Slide 16: Key Indicators Q3 FY 2020-21 v/s Q3 FY 2019-20
Key Indicators Q3 FY 2020‐21 v/s Q3 FY 2019‐20 Indicators Q3 FY 2019‐20 Q Q3 FY 2020‐21 Q Change g Status Key Aspects: Net Sales (Rs. Cr.) 465.32 603.22 137.90 • Sales is higher due to growth in Passenger car industry and Home AC Other Income (Rs. Cr.) 2.33 3.44 1.11 sale during this Quarter. Ma
Slide 17: Results Analysis - Q3 FY 2020-21 v/s Q2 FY 2020-21
Financial Results & Highlights for the Quarter R Results lt AAnalysis l i ‐ Q3 FY 2020 2020‐21 21 v/s / Q3 FY 2019‐20 2019 20 Results esu ts Analysis a ys s ‐ Q3 FY 2020‐21 0 0 v/s Q Q2 FY 2020‐21 0 0 Results Analysis ‐ 9M FY 2020‐21 v/s 9M FY 2019‐20 Way Forward 9
Slide 18: Q3 FY 2020-21 v/s Q2 FY 2020-21
Q3 FY 2020‐21 v/s Q2 FY 2020‐21 Amt in Lacs Revenue PBT 70000 5000 60000 60385 Recorded revenue 4161 PBT (before 50000 45810 growth of 32% 4000 exceptional) 2793 40000 with previous Qtr 3000 realization at 6.90% 30000 2000 against 6.10% 20000 1000 10000 0 0 Q2 FY 2020‐21 Q3 FY 2020‐21 Q2 FY 2020‐21
Slide 19: Key Indicators Q3 FY 2020-21 v/s Q2 FY 2020-21
Key Indicators Q3 FY 2020‐21 v/s Q2 FY 2020‐21 Indicators Q2 FY 2020‐21 Q Q3 FY 2020‐21 Q Change g Status Key Aspects: Net Sales (Rs. Cr.) 457.73 603.22 145.49 • Sales is higher due to growth in Passenger car industry and Home Other Income (Rs. Cr.) 3.77 3.44 ‐0.33 AC sale during this Quarter. M
Slide 20: Results Analysis - 9M FY 2020-21 v/s 9M FY 2019-20
Financial Results & Highlights for the Quarter R Results lt AAnalysis l i ‐ Q3 FY 2020 2020‐21 21 v/s / Q3 FY 2019‐20 2019 20 Results Analysis y ‐Q Q3 FY 2020‐21 v/s / Q2 Q FY 2020‐21 Results Analysis ‐ 9M FY 2020‐21 v/s 9M FY 2019‐20 Way Forward 12
Slide 21: 9M FY 2020-21 v/s 9M FY 2019-20
9M FY 2020‐21 v/s 9M FY 2019‐20 Amt in Lacs PBT Revenue Recorded revenue PBT (before 7000 200000 de‐growth of 26% 6000 6010 exceptional) 153433 in 9M FY 2020‐21 5000 stands at 1.46% 150000 113572 4000 agst. 3.92% 100000 3000 2000 1662 50000 1000 0 0 9M FY 2019‐20 9M FY 2020‐21 9M FY 2019‐20 9M FY 20
Slide 22: Key Indicators for 9M FY 2020-21 v/s 9M FY 2019-20
Key Indicators for 9M FY 2020‐21 v/s 9M FY 2019‐20 Indicators 9M FY 2019‐20 2019 20 9M FY 2020‐21 2020 21 Change Status Key y Aspects: p Net Sales (Rs. Cr.) 1533.24 1134.67 ‐398.57 • Sales de‐growth is because of outbreak of COVID‐19 pandemic and Other Income (Rs. Cr.) 11.38 8.25 ‐3.13 subsequen
Slide 23: Way Forward
Financial Results & Highlights for the Quarter R Results lt AAnalysis l i ‐ Q3 FY 2020 2020‐21 21 v/s / Q3 FY 2019‐20 2019 20 Results Analysis y ‐Q Q3 FY 2020‐21 v/s / Q2 Q FY 2020‐21 Results Analysis ‐ 9M FY 2020‐21 v/s 9M FY 2019‐20 Way Forward 15
Slide 24: 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 25: 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 26: Thank You
Thank You Cooling the Planet www subros com www.subros.com