Subros Limited manufactures and sells thermal products for automotive applications in India.
Excellent balance sheet with acceptable track record.
Share Price & News
How has Subros's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUBROS's share price has been volatile over the past 3 months.
7 Day Return
IN Auto Components
1 Year Return
IN Auto Components
Return vs Industry: SUBROS underperformed the Indian Auto Components industry which returned -28.7% over the past year.
Return vs Market: SUBROS underperformed the Indian Market which returned -20.6% over the past year.
Price Volatility Vs. Market
How volatile is Subros's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StA Sliding Share Price Has Us Looking At Subros Limited's (NSE:SUBROS) P/E Ratio
2 months ago | Simply Wall StWhat Percentage Of Subros Limited (NSE:SUBROS) Shares Do Insiders Own?
3 months ago | Simply Wall StTaking A Look At Subros Limited's (NSE:SUBROS) ROE
Is Subros undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SUBROS (₹174.6) is trading above our estimate of fair value (₹7.58)
Significantly Below Fair Value: SUBROS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SUBROS is poor value based on its PE Ratio (13.5x) compared to the Auto Components industry average (11.7x).
PE vs Market: SUBROS is poor value based on its PE Ratio (13.5x) compared to the Indian market (10x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SUBROS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SUBROS is overvalued based on its PB Ratio (1.6x) compared to the IN Auto Components industry average (1x).
How is Subros forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Subros has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Subros's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Subros competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
How has Subros performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUBROS has a large one-off gain of ₹405.6M impacting its December 31 2019 financial results.
Growing Profit Margin: SUBROS's current net profit margins (4.1%) are higher than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: SUBROS's earnings have grown significantly by 30.5% per year over the past 5 years.
Accelerating Growth: SUBROS's earnings growth over the past year (16.6%) is below its 5-year average (30.5% per year).
Earnings vs Industry: SUBROS earnings growth over the past year (16.6%) exceeded the Auto Components industry -20%.
Return on Equity
High ROE: SUBROS's Return on Equity (11.7%) is considered low.
How is Subros's financial position?
Financial Position Analysis
Short Term Liabilities: SUBROS's short term assets (₹5.8B) do not cover its short term liabilities (₹6.3B).
Long Term Liabilities: SUBROS's short term assets (₹5.8B) exceed its long term liabilities (₹648.8M).
Debt to Equity History and Analysis
Debt Level: SUBROS's debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: SUBROS's debt to equity ratio has reduced from 133.6% to 26% over the past 5 years.
Debt Coverage: SUBROS's debt is well covered by operating cash flow (52%).
Interest Coverage: SUBROS's interest payments on its debt are well covered by EBIT (3.3x coverage).
What is Subros's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUBROS's dividend (0.74%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.84%).
High Dividend: SUBROS's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (3.55%).
Stability and Growth of Payments
Stable Dividend: SUBROS's dividend payments have been volatile in the past 10 years.
Growing Dividend: SUBROS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.1%), SUBROS's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shradha Marwah (41yo)
Ms. Shradha Suri Marwah has been a Managing Director of Subros Limited since May 12, 2008. Ms. Marwah serves as a Director of Mercantile Capital and Financial Services Pvt. Ltd. She serves as an Executive ...
CEO Compensation Analysis
Compensation vs Market: Shradha's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD328.30K).
Compensation vs Earnings: Shradha's compensation has increased by more than 20% in the past year.
|MD & Non-Independent Executive Director||12.08yrs||₹22.88m||no data|
|CFO & Senior VP of Finance||5.08yrs||₹7.25m||no data|
|Compliance Officer & Company Secretary||3.83yrs||₹3.65m||no data|
|Senior General Manager of Tool Room||no data||₹2.45m||no data|
|General Manager of Tech Cell||no data||₹2.56m||no data|
|Vice President||no data||₹2.49m||no data|
|Senior General Manager of Finance||no data||₹1.56m||no data|
Experienced Management: SUBROS's management team is seasoned and experienced (5.1 years average tenure).
|MD & Non-Independent Executive Director||12.08yrs||₹22.88m||no data|
|Independent Non-Executive Director||no data||₹440.00k||no data|
|Independent Non-Executive Director||no data||₹500.00k||no data|
|Independent Non-Executive Director||no data||₹1.12m||no data|
|Non-Independent Non-Executive Director||6.92yrs||₹300.00k||no data|
|Non-Independent Non-Executive Director||13.67yrs||₹250.00k||2.48% ₹282.7m|
|Independent Non-Executive Director||7.92yrs||₹720.00k||no data|
|Non-Independent Non-Executive Director||3.83yrs||no data||no data|
|Independent Non-Executive Director||6.58yrs||₹510.00k||no data|
Experienced Board: SUBROS's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Subros Limited's company bio, employee growth, exchange listings and data sources
- Name: Subros Limited
- Ticker: SUBROS
- Exchange: NSEI
- Founded: 1985
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: ₹11.390b
- Shares outstanding: 65.24m
- Website: https://www.subros.com
- Subros Limited
- LGF, World Trade Centre
- Barakhamba Lane
- New Delhi
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|517168||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jul 1994|
|SUBROS||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jul 1994|
Subros Limited manufactures and sells thermal products for automotive applications in India. It provides air conditioning (AC) systems and components, including thermal solutions for cars, buses, refrigeration vehicles, railways, home AC’s, tractors, and trucks. The company offers compressors; automotive condensers; heating, ventilating, and air conditioning systems, such as heaters, evaporators, and blower units; tubes and hoses; bus ACs; driver cabin ACs for railway engines; commercial and residential ACs; water dispensers; transport refrigeration systems; truck cabin AC systems; off-roader AC systems; and AC systems for defense vehicles. It also exports its products. Subros Limited was founded in 1985 and is headquartered in New Delhi, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/01 13:19|
|End of Day Share Price||2020/06/01 00:00|
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 here.