Scrip Watch

Subros Ltd

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Subros Ltd

Subros Ltd
Auto Parts & Equipment
FV – Rs 2; 52wks H/L –113.8/51; TTQ – 63 K; CMP – Rs 109(As On December 22nd 2015; ) ;

Market Cap – Rs 657 Crs                        

Standalone Financials and Valuations for H1 FY16 (Amt in Rs.Crs unless specified)


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

TTM EPS (Rs)

TTM P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
12 327  

200

618 9 55 5.08 21.5 26.54 2 40.01 1.3

 

Consolidated Financials and Valuations for FY15 (Amt in Rs Crs unless specified)


Equity Capital

Net worth
Long Term Debt
Total
Sales
PAT
BV
(Rs)

EPS (Rs)

P/E

Industry P/E

P/BV

Promoter’s
Stake
Beta
12 317 214 1203 20 53 3.3 33.03 26.54 2.1 40.01 1.3

 

Overview:

Subros Limited is a manufacturer of thermal products for automotive applications in India. The Company manufactures compressors, heating, ventilation and air conditioning (HVACs), piping and heat exchangers to suit various vehicle configurations. The Company’s product range spans across auto air-conditioning and engine cooling systems for passenger, as well as commercial vehicles. The Company provides a range of bus air conditioners and transport refrigeration solutions. The Company’s air conditioners range from 4 kilowatt to 36 kilowatt capacity suitable for ambulances and buses of 4 meters to 12 meters. The Company’s transport refrigeration solutions are suitable for storage volume up to 50 cubic meters. The Company has developed import substitute for driver cabin air conditioning for diesel locomotives of railway engines.

Management:

  • Mr. Ramesh Suri – Chairman
  • Ms. Shradha Suri – MD

Major Non-Promoter Holdings:

Sr.No Non – Promoters No. of Shares held % of shares held
1 Denso Corporation 7800000 13
2 Suzuki Motors Corporation 7800000 13
3 Sejal Rikeen Dalal 700000 1.17
  Total 16300000 27.17

Consolidated Financial Trends (In Rs.Crs) :

Particulars FY15 FY14 FY13 FY12 FY11
Equity Paid Up 12 12 12 12 12
Networth 317 302 286 271 230
Total Debt 333 334 293 304 217
Net Sales 1203 1178 1288 1132 1095
Other Income 1 2 11 12 3
PAT 20 21 20 48 29
Book Value (Rs) 53 50 48 45 38
EPS (Rs) 3.33 3.50 3.33 8.00 4.83

 

 

 

 

 

 

 

 

 

 

 

 

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