ALFA Finder| Revenue growth | 11.52% YoY for FY26. |
|---|---|
| Margins | EBITDA margins slightly down (9.70% FY26 vs 10.22% FY25) due to materials. |
| Order book | Awards for electric compressors, HVAC, HX for forthcoming platforms. |
| Demand visibility | Strong, driven by market demand and new platform launches. |
| Management confidence | High, citing 'highest ever' revenue and new business awards. |
Growth
FY26 Revenue grew 11.52% YoY to ₹3755.52 Cr; Q4 PAT grew 7.56% YoY to ₹49.69 Cr.
Outlook
Karsanpura plant expansion for electric compressors (SOP 2027-28); greenfield project at Kharkhoda for EV/Hybrid technologies.
Risks
Adverse commodity and currency movements; ₹8.08 Cr exceptional impact from new labor code gratuity/leave encashment.
Earnings Call filed with BSE, NSE: SUBROS. Summary written with AI assistance from the document.
Subros Ltd: key numbers
- Share price
- ₹622.75
- Market cap
- ₹4,063 Cr
- Revenue (annual)
- ₹3,756 Cr
- Net profit (annual)
- ₹165.7 Cr
- P/E (TTM)
- 23.9×Sector 32.5×
- Promoter holding
- 36.79%+0.00% QoQ
- FII holding
- 32.70%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Subros Ltd
All →Subros Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs1,198.9 Cr (+36.3% YoY), EBITDA Rs91.5 Cr (7.66% margin), PAT Rs44.6 Cr (+9.9%). H1 revenue +26.9% YoY, PAT +5.9%.
Subros Credit Rating
ICRA assigned or reaffirmed Subros's bank facility ratings, with total rated facilities rising from Rs.305 Crore to Rs.370 Crore. The long-term term loan rating is [ICRA]AA (Stable), raised to Rs.140 Crore from Rs.40 Crore.
Subros Q2 FY27 Results: Net Profit ₹44.6 Cr, Up 9.6% YoY
Subros Ltd reported revenue from operations of ₹1,199 Cr (+36.3% YoY) and net profit of ₹44.6 Cr (+9.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹44.6 Cr · +9.6% YoY
Subros Production Started
Subros commenced commercial production at its new greenfield HVAC and Hose & Tubes plant. The 4.5 lakh units/annum capacity required ₹150 Crore investment.
- Value
- ₹150.0 Cr
- HVAC and Hose & Tubes / air-conditioning system production capacity
- 450000 units per annum
Subros Production Started
Subros started commercial production at its new Kharkhoda greenfield plant on 28 October 2026. The plant adds 4.5 lakh units per annum of HVAC and hose capacity.
- HVAC and hose & tubes manufacturing capacity
- 4.5 lakh units per annum
Subros Bags ₹1,225 Cr Order from Maruti Suzuki India Limited
Subros received a new business award from Maruti Suzuki India for supply of HVAC assemblies, valued at approximately Rs.1,225 Crore over about seven years. The award strengthens its western region presence and its relationship with MSIL.
- Value
- ₹1,225 Cr
- From
- Maruti Suzuki India Limited (MSIL)
- Execution
- Approximately seven years, commencing from respective start of production as per customer milestone