Subros (517168) Stock Overview
Engages in the manufacture and sale of thermal products for automotive applications in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
517168 Community Fair Values
Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Subros Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹722.75 |
| 52 Week High | ₹1,212.40 |
| 52 Week Low | ₹621.30 |
| Beta | 0.63 |
| 1 Month Change | -7.17% |
| 3 Month Change | -8.54% |
| 1 Year Change | -0.78% |
| 3 Year Change | 120.52% |
| 5 Year Change | 113.29% |
| Change since IPO | 5,109.01% |
Recent News & Updates
Recent updates
Narrative Update • Apr 24
517168: New EV And Hybrid Contracts Will Support Future Earnings And Capacity Investments
Analysts have kept their fair value estimate for Subros steady at ₹999.67, with only small tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E that support the unchanged price target. What's in the News Subros received a new business award from Maruti Suzuki India Limited for supply of local Electric Compressors for upcoming EV and Hybrid vehicle programs, with an approximate value of ₹12,800 million spread over about seven years (Key Developments).Narrative Update • Apr 07
517168: New EV And Hybrid Contracts Will Drive Future Earnings Power
Analysts have kept their Subros price target unchanged at ₹999.67, with only slight adjustments to assumptions such as discount rate, revenue growth, profit margin and future P/E guiding this steady view. What's in the News Subros received a new business award to supply local Electric Compressors to Maruti Suzuki India Limited for upcoming EV and hybrid vehicle programs, with an approximate value of ₹12,800 million spread over about seven years.Narrative Update • Mar 24
517168: New EV And Hybrid Contracts Will Support Future Returns
Analysts have lifted their price target on Subros from ₹956.50 to about ₹999.70, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers behind the revision. What's in the News Confirmation of a new business award from Maruti Suzuki India Limited for supply of local electric compressors for upcoming EV and hybrid programs, with an approximate value of ₹12,800 million spread over about seven years, supported by technical assistance from DENSO Corporation and Toyota Industries Corporation, Japan (client announcement).Narrative Update • Mar 09
517168: New EV And Hybrid Orders Will Support Future Returns
Analysts have maintained their fair value estimate for Subros at ₹956.5, making only minor adjustments to inputs such as the discount rate and future P/E assumption. This reflects a largely unchanged overall view on the stock.Narrative Update • Feb 22
517168: New EV And Rail Orders Will Support Future Returns
Analysts have kept their fair value estimate for Subros broadly unchanged at around ₹956.5 per share. This reflects only marginal tweaks to discount rate, revenue growth, profit margin and future P/E assumptions rather than a shift in the core view on the company.
New Narrative • Feb 20
Truck AC Mandate And EV Compressors Will Support Steady Yet Measured Long Term Prospects
Catalysts About Subros Subros supplies thermal systems and compressors for passenger vehicles, commercial vehicles, buses and railways in India. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 08
517168: New EV Compressor Orders Will Support Future Returns
Analysts have revised their price target on Subros from ₹980.75 to ₹956.50, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that indicate a slightly lower fair value while keeping the overall investment case broadly intact. What's in the News The board approved capacity addition for a new local Electric Compressor line at the Karsanpura, Ahmedabad plant, targeting 400,000 units per year over 21 months with an investment of about ₹1,750 million.
New Narrative • Feb 05
Thermal Systems Expansion And EV Penetration Will Transform Long Term Earnings Power
Catalysts About Subros Subros supplies thermal systems and compressors for passenger vehicles, commercial vehicles, buses and railways in India. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 24
517168: Railway Service Wins And Stable Outlook Will Support Future Returns
Analysts have maintained their fair value estimate for Subros at ₹980.75, with only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E. This reflects a broadly steady view of the company.Narrative Update • Jan 10
517168: Railway Service Contracts Will Support Future Returns With Steady Outlook
Analysts have lifted their fair value estimate for Subros from ₹962.67 to ₹980.75, pointing to updated assumptions around discount rate, revenue growth, profit margin and future P/E that fine tune rather than overhaul their prior view. What's in the News Board meeting scheduled on Jan 30, 2026, to consider and approve unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Narrative Update • Dec 24
517168: Railway Service Contracts Will Support Steady Outlook With Balanced Risks
Analysts have modestly revised their price target for Subros to INR 963, reflecting a broadly unchanged valuation because a slightly higher discount rate and long term earnings assumptions offset each other. What's in the News Secured a three year comprehensive annual maintenance contract from Indian Railways for cab HVAC units worth INR 521.8 million, expanding into service contracts alongside equipment supply and taking FY Railways order booking to about INR 863.5 million (company announcement).Narrative Update • Dec 10
517168: Expanding Railway Maintenance Contracts Are Expected To Drive Strong Share Performance
Analysts have modestly raised their price target on Subros to ₹962.67, citing slightly lower perceived risk, steady revenue growth expectations, and a broadly unchanged long term profit outlook. What's in the News Won a Comprehensive Annual Maintenance Contract from Indian Railways for cab HVAC units worth INR 521.8 million over three years, expanding into service contracts alongside system supply (company announcement).Narrative Update • Nov 26
517168: Major Railway Order Is Expected To Drive Robust Performance Ahead
Analysts have maintained their price target for Subros at ₹962.67, leaving the valuation unchanged. Recent minor adjustments to the company’s growth estimates and discount rate were not deemed material enough to warrant a revision.Narrative Update • Nov 11
517168: Revenue Outlook And New Railway Order Will Support Future Performance
Analysts have raised their price target for Subros from ₹879 to approximately ₹963. This change reflects improved revenue growth projections and a modestly higher profit margin outlook.Narrative Update • Sep 05
Maruti Suzuki And Mahindra EV Trends Will Redefine Markets
With no significant changes in Subros's discount rate or future P/E multiple, the consensus analyst price target remained essentially unchanged at ₹879.00. What's in the News Board meeting scheduled to consider and approve unaudited financial results for the quarter ended June 30, 2025, and discuss other business matters.
New Narrative • Jan 17
A New Greenfield Project At Kharkhoda Will Expand Capacity To Meet Future Demand From FY '26 Onwards
Subros aims to boost truck segment revenues through mandatory AC regulations and explore growth in railway projects and services.Shareholder Returns
| 517168 | IN Auto Components | IN Market | |
|---|---|---|---|
| 7D | -0.5% | 2.4% | 0.4% |
| 1Y | -0.8% | 12.6% | -0.6% |
Return vs Industry: 517168 underperformed the Indian Auto Components industry which returned 12.6% over the past year.
Return vs Market: 517168 matched the Indian Market which returned -0.6% over the past year.
Price Volatility
| 517168 volatility | |
|---|---|
| 517168 Average Weekly Movement | 6.0% |
| Auto Components Industry Average Movement | 6.8% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.3% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: 517168 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 517168's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 3,908 | Parmod Duggal | www.subros.com |
Subros Limited engages in the manufacture and sale of thermal products for automotive applications in India. The company offers compressors; automotive condensers; heating, ventilating, and air conditioning systems, such as heaters, evaporators, and blower units; tubes and hoses; bus AC; driver cabin AC for railway engines; commercial and residential AC; transport refrigeration systems; truck cabin AC systems; and off-roader AC systems. It also exports its products.
Subros Limited Fundamentals Summary
| 517168 fundamental statistics | |
|---|---|
| Market cap | ₹47.15b |
| Earnings (TTM) | ₹1.74b |
| Revenue (TTM) | ₹37.56b |
27.1x
P/E Ratio1.3x
P/S RatioIs 517168 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 517168 income statement (TTM) | |
|---|---|
| Revenue | ₹37.56b |
| Cost of Revenue | ₹27.36b |
| Gross Profit | ₹10.19b |
| Other Expenses | ₹8.46b |
| Earnings | ₹1.74b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 26.63 |
| Gross Margin | 27.14% |
| Net Profit Margin | 4.63% |
| Debt/Equity Ratio | 6.0% |
How did 517168 perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield11%
Payout RatioDoes 517168 pay a reliable dividends?
See 517168 dividend history and benchmarks| Subros dividend dates | |
|---|---|
| Ex Dividend Date | Sep 11 2026 |
| Dividend Pay Date | Oct 18 2026 |
| Days until Ex dividend | 103 days |
| Days until Dividend pay date | 140 days |
Does 517168 pay a reliable dividends?
See 517168 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/30 23:51 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Subros Limited is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Annamalai Jayaraj | 360 ONE Capital Market Private Limited |
| Mukesh Saraf | Avendus Spark |
| null null | Equirus Securities Private Limited |