Subros Ltd

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NSEBSE

602.60-6.30 (-1.03%)

03:54 PM,23rd Feb 2024

605.302.60 (0.43%)

04:01 PM,23rd Feb 2024

BSE : 517168

NSE : SUBROS

Sector : Auto

ISIN Code : INE287B01021

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Last Updated: Feb 23 2024 | 04:01 PM IST

Market Cap (₹ Cr)

3931

Turnover (₹ Cr)

0.32

Volume (Shares)

53824

Face Value

2

52-WK High

733.75

52-WK High Date

30 Jan 2024

52-WK Low

271.05

52-WK Low Date

27 Feb 2023

All Time High

733.75

All Time High Date

30 Jan 2024

All Time Low

1.62

All Time Low Date

09 Oct 2001

Subros Ltd

Subros Ltd formerly incorporated as 'Subros Pvt Ltd.' in Feb.'85 was promoted by Ramesh Suri Lalit Suri and Jayant Nanda. It turned into a public limited company in Oct.'85. The Company is the leading manufacturer of thermal products for automotive applications in India in technical collaboration with Denso Corporation Japan. It is engaged in manufacturing and sale of thermal products for automotive and home air-conditioning original equipment manufacturers. The Company is a joint venture with 36.79% ownership by Suri family of India 20% ownership by Denso Corporation Japan & 11.96% ownership by Suzuki Motor Corporation Japan.Denso Corporation(formerly Nippon Denso) provides technical information to implement projects and to manufacture automotive air-conditioning systems including swash-plate type compressors clutches and other associated components for cars and light commercial vehicles. In addition to providing advice in regard to the design manufacturing and production problems it also trains technical personnel of Subras.Subros caters to the OEM segment with clients such as Maruti(for its 800cc 1000cc and 1300cc models Gypsy and it's latest Wagon R and Alto) TELCO and PAL. Subros signed a MoU with Allied Signal Environment Catalysts (ASEC) US for a joint venture to produce catalysts to be used in catalytic convertors in vehicles using unleaded petrol.In 1994-95 it signed a sub-agreement with IDBI for grant in respect of production of Non-CFC Gas AC systems. During 1996-97 the quality management system of the company was awarded BS EN ISO 9002 certification from the Bureau Veritas Quality International.Subros has the reputation of launching A.C. Systems for the latest models hiting the market and it's keeping the tradition now also. The Company is always looking for indigenisation of various components and development of modified A.C. System with latest technology for new model to be launched. Recently in 2000-01 it has undertaken conversion of conventional R-12 refrigerant based airconditioners to ecofriendly and non-ozone depleting R-134 refrigerant based A.C Systems for Maruthi's cars. Company has successfully commissioned a new plant at Noida. The second phase of the expansion is in progress which is financed through interanl accruals and partly by way of term loans from financial institutions. It has entered into new technical assistance agreement with the Collaborators Denso Corporation Japan for transfer of technology for desigining and development of new AC system based on 10S model compressor and multiflow condensers.The company's various ongoing projects like Multi Flow Condensor Pressure Die Casting and other import substituion projects are on stream as on 2000-01.The company has undertaken expansion cum modernisation plan to increase the capacity from 3lakh A.C. Units to 5 Lakh A.C. Units per annun during the year 2002-03. Further the company has initiated plan to set up its own design and development centre with the help of R&D Department and assistance from technical collaborators Denso Corp. Japan and expects to complete it by end of this year. The company has alos commenced commercial production of new generation 10S series compressor and started supplies to customers during the year 2002-03.During the current year 2011-12 the Company localized SFA II Heater core technology and set up another line for RS Evaporator with the strong technological support through partner Denso Corporation Japan. The Chennai Plant was operational in 2013.In 2014-15 it developed and unveiled a new category of product 10SL09 compressor. It commissioned the re-opening facility for production of radiators in March 2016 at the Manesar works.During financial year 2019-20 the new greenfield plant established in Gujarat became operational from November 2019.

Subros Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

3931

EPS - TTM (₹) [S]

13.12

P/E Ratio (X) [S]

4.37

Face Value (₹) 2
Latest Dividend (%)50.00
Latest Dividend Date 22 Aug 2023
Dividend Yield (%) 0.17
Book Value Share (₹) [S]137.76
P/B Ratio (₹) [S]4.37
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Kotak Debt Hybrid Fund (G) 12.67 204108 0.55
Kotak Debt Hybrid Fund - Direct (G) 12.67 204108 0.55

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

598.00

616.15

Week Low/High

589.05

638.00

Month Low/High

577.00

734.00

Year Low/High

271.05

734.00

All time Low/High

1.00

734.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-2.21%-2.04%0.990.78%
1 Month-1.74%-1.47%3.944.59%
3 Month47.53%47.26%10.7912.17%
6 Month57.28%57.34%11.7814.24%
1 Year111.18%111.36%22.7126.85%
3 Year86.33%86.45%47.0251.03%

Company Info

Company Information

Chairperson & M D : Shradha Suri

Non-Exec & Non-Independent Dir : Jyotsna Suri

Non Independent Non Executive : Hidemasa Takahashi

Non Independent Non Executive : Naohisa Kuriyama

Alternate Director : Yasuhiro Iida

Non Independent Non Executive : Tomoaki Yoshimori

Independent Non Exe. Director : Girish Narain Mehra

Independent Non Exe. Director : K R Ramamoorthy

Independent Non Exe. Director : M A Pathan

Independent Non Exe. Director : Shailendra Swarup

Independent Non Exe. Director : Meena Sethi

Independent Non Exe. Director : Arvind Kapur

Whole Time Director & CEO : Parmod K. Duggal

Company Sec. & Compli. Officer : Shiv Ram Singh

Registered Office: LGF World Trade Centre, Barakhamba Lane,New Delhi,New Delhi-110001 Ph: 91-011-23414946-49

Email:dmukharjee@subros.com

URL:http://www.subros.com