Subros Limited · NSE:SUBROS
Subros — Q2 FY2024-25 Earnings Presentation
25 slides from Subros's earnings presentation, Nov 7, 2024
Slide 1: Exchange cover letter for investor presentation
BSE/NSE/2024-25/ 25/ November 7, 2024 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, Mum
Slide 2: Financial Results Quarter 2, FY 2024-25 Investor Presentation
Financial Results Quarter 2, 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 Dr. Jyotsna Suri Mr. P. K. Duggal Mr. H. Takeuchi Mr. Naohisa Kuriyama Mr. Tomoaki Yoshimori Mr. Yasuhiro Iida Chairperson & Managing Director Executive Director and Chief Representative of Suzuki Representative of Representative of Alternate Director Director Executive Of
Slide 7: Leadership Team
Leadership Team Ms. Shradha Suri Mr. P.K. Duggal Mr. Srini Dampur Mr. Amit Kumar Parashar Mr. Hemant Kumar Agarwal Chairperson & Executive Director & Managing Director Chief Executive Officer EVP - Technical Centre 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 - HY1 FY 2024-25 v/s HY1 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q2 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q1 FY 2024-25 Way Forward
Slide 11: Business Highlights (Q2 2024-25)
Business Highlights (Q2 2024-25) Q2 24-25 vs Q2 23-24 Q2 2024-25 Highlights PVRevenue Segment Thermal growth business growth is 1.84% Highest Revenue ever Revenue reported forreported forCr. Rs. 828.31 Rs.in is 19% 748 Cr. in 2quarter 4 quarter SOP of Fronx New started business from Karsanpura award
Slide 12: Highlights – Financial Performance
Highlights – Financial Performance HY1 2024-25 v/s HY1 2023-24 Indicator Amount Growth (Rs. in Cr.) Revenues 1638.13 9% EBIDTA 163.24 34% PBT 95.83 56% PAT 71.36 78% Q2 2024-25 v/s Q2 2023-24 Q2 2024-25 v/s Q1 2024-25 Indicator Amount Growth Indicator Amount Growth (Rs. in Cr.) (Rs. in Cr.) Revenues
Slide 13: Standalone Results For Quarter Ending and Six Months Ending 30.09.2024
Standalone Results For Quarter Ending and Six Months Ending 30.09.2024 Amt in Lakhs Quarter Ended Six Months Ended Year Ended PARTICULARS 30.09.2024 30.06.2024 30.09.2023 30.09.2024 30.09.2023 31.03.2024 Net Sales 82,561 80,717 81,112 1,63,278 1,50,246 3,06,089 Other Operating Income 269 265 226 535
Slide 14: Results Analysis - H1 FY 2024-25 v/s H1 FY 2023-24
Financial Results & Highlights Results Analysis - H1 FY 2024-25 v/s H1 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q2 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q1 FY 2024-25 Way Forward
Slide 15: HY 1 FY 2024-25 v/s HY 1 FY 2023-24
HY 1 FY 2024-25 v/s HY 1 FY 2023-24 Amt. in Lakhs Revenue PBT 200000 Recorded revenue 12000 PBT stands at 163813 9583 150658 growth of 8.73% in 10000 150000 5.87% agst. 4.09% HY 1 FY 2024-25 8000 6144 100000 6000 50000 4000 2000 0 0 HY FY 2023-24 HY FY 2024-25 HY FY 2023-24 HY FY 2024-25 EBIDTA 2000
Slide 16: Key Indicators HY 1 FY 2024-25 v/s HY 1 FY 2023-24
Key Indicators HY 1 FY 2024-25 v/s HY 1 FY 2023-24 Rs. in Cr. Indicators H1 FY 2023-24 H1 FY 2024-25 Change Status Key Aspects: Net Sales 1502.46 1632.78 130.32 n • Sales is higher by 8.67% due to increase in volume and Start of Other Income 4.36 9.53 5.17 n Production (SOP) of new business award. M
Slide 17: Results Analysis - Q2 FY 2023-24
Financial Results & Highlights Results Analysis - HY1 FY 2024-25 v/s HY1 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q2 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q1 FY 2024-25 Way Forward
Slide 18: Q2 FY 2024-25 v/s Q2 FY 2023-24
Q2 FY 2024-25 v/s Q2 FY 2023-24 Amt. in Lacs Revenue Recorded revenue PBT PBT realization at 90000 81337 82831 growth of 1.84% with 6000 5.89% as against 4867 75000 corresponding Qtr 5000 4166 5.14% 60000 4000 45000 3000 30000 2000 1000 15000 0 0 Q2 FY 2023-24 Q2 FY 2024-25 Q2 FY 2023-24 Q2 FY 2024-
Slide 19: Key Indicators Q2 FY 2024-25 v/s Q2 FY 2023-24
Key Indicators Q2 FY 2024-25 v/s Q2 FY 2023-24 Rs. in Cr. Indicators Q2 FY 2023-24 Q2 FY 2024-25 Change Status Key Aspects: Net Sales 811.12 825.61 14.49 n • Sales is higher by 1.79% Other Income 2.84 6.35 3.51 n • MSR is lower due to softening of commodity prices, Product mix & Cost Material Cost 7
Slide 20: Results Analysis - Q1 FY 2024-25
Financial Results & Highlights Results Analysis - HY1 FY 2024-25 v/s HY1 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q2 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q1 FY 2024-25 Way Forward
Slide 21: Q2 FY 2024-25 v/s Q1 FY 2024-25
Q2 FY 2024-25 v/s Q1 FY 2024-25 Amt. in Lakhs Revenue PBT Recorded revenue 4900 4867 PBT realization at 90000 80982 82831 growth of 2.28% 4850 5.89% as against 75000 with previous Qtr 4800 5.84% 60000 4750 4716 45000 4700 30000 15000 4650 0 4600 Q1 FY 2024-25 Q2 FY 2024-25 Q1 FY 2024-25 Q2 FY 2024-2
Slide 22: Key Indicators Q2 FY 2024-25 v/s Q1 FY 2024-25
Key Indicators Q2 FY 2024-25 v/s Q1 FY 2024-25 Rs. in Cr. Indicators Q1 FY 2024-25 Q2 FY 2024-25 Change Status Key Aspects: Net Sales 807.17 825.61 18.44 n • Sales is higher by 2.29% Other Income 3.18 6.35 3.17 n • MSR is slightly higher due to Material Cost 71.97% 72.16% 0.19 g increase in Sea frei
Slide 23: Way Forward
Financial Results & Highlights Results Analysis - HY1 FY 2024-25 v/s HY1 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q2 FY 2023-24 Results Analysis - Q2 FY 2024-25 v/s Q1 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