Latest news with #Subros
Business Standard
5 days ago
- Automotive
- Business Standard
Subros tumbles after Q1 PAT fall 12% QoQ to Rs 41 cr
Subros slumped 6.51% to Rs 817.65 after the company reported an 11.62% decline in consolidated net profit to Rs 40.83 crore in Q1 FY26, compared to Rs 46.20 crore posted in Q4 FY25. Revenue from operations fell 3.32% quarter-on-quarter (QoQ) to Rs 878.25 crore in the quarter ended 30 June 2025. On a year-on-year (YoY) basis, the company reported a 16.69% increase in net profit and an 8.45% rise in revenue. Profit before tax stood at Rs 54.61 crore in the first quarter of FY26, down 11.67% QoQ but up 15.60% YoY. Subros was established in 1985 as a joint venture between Denso Corporation and Suzuki Motor Corporation. It is recognized as a leading thermal solutions company in India, delivering cutting-edge solutions across all types of mobility. With decades of industry expertise, Subros specializes in the design and manufacture of a diverse range of thermal products, including reciprocating compressors, condensers, engine cooling modules, heat exchangers, and key components for complete air conditioning systems.
Business Standard
5 days ago
- Business
- Business Standard
Subros consolidated net profit rises 16.69% in the June 2025 quarter
Sales rise 8.45% to Rs 878.25 croreNet profit of Subros rose 16.69% to Rs 40.83 crore in the quarter ended June 2025 as against Rs 34.99 crore during the previous quarter ended June 2024. Sales rose 8.45% to Rs 878.25 crore in the quarter ended June 2025 as against Rs 809.82 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 8 OPM %9.349.54 -PBDT85.4477.83 10 PBT54.6147.24 16 NP40.8334.99 17 Powered by Capital Market - Live News
Time of India
17-07-2025
- Automotive
- Time of India
Auto 4.0 needs people 4.0: ACMA President Shradha Suri Marwah
As India's auto component industry transitions into a new era of digitisation, automation, and sustainability, its most urgent challenge isn't just technological, it's human. And, reskilling is key to staying ahead in the innovation curve, according to Shardha Suri Marwah, President of the Automotive Component Manufacturers Association of India (ACMA), and MD of Subros. 'Our entire industry is going through a transformation. The way we did manufacturing in the past no longer exists,' says Shradha. "Reskilling is not just important. It is central to how we move forward," she adds. Marwah, who also chairs the board at Subros Ltd, emphasises that the sector's preparedness hinges on workforce evolution. 'Some jobs will get lost and new ones will get created. That's why reskilling is required. You reskill people and use them for something else. Human capital will continue to create the most of value,' she says. The challenge is more acute for smaller firms. 'Tier 1s align quickly. But Tier 2s and Tier 3s need structured support. That's where ACMA comes in to help the industry rise together,' she explains. ACMA's Annual Report 2023–24 shows how seriously the industry is taking this task. Over 2,400 man-days of skilling and upskilling workshops were conducted across clusters, focusing on lean manufacturing, digital quality systems, and emerging environmental norms. AI, automation, and the human equation Even as Indian suppliers automate and digitise, workforce anxiety remains real. 'AI is disruptive. It's coming in fast,' says Marwah. 'But that doesn't mean we're replacing people. It means we're changing the kind of work they do.' She adds that traditional manufacturing is not disappearing. It's expanding. 'As scale increases, traditional production will still have a major role. Automation will work alongside, not instead of, human capital. The pie is growing.' India's domestic vehicle production supports this view. As per ACMA's report, the country's vehicle production and aftermarket sales grew robustly in FY24, even amid external volatility. The auto component sector saw 9.6 per cent growth, reaching ₹5.6 lakh crore, despite softened exports and rare earth shortages. Digitisation vs sustainability? Shradha is clear that while automation may support sustainability, but it doesn't define it. 'You're just playing with words there,' she says. 'Sustainability is a much larger journey. It starts from how you design the product, what materials you use, and then how you manufacture it.' For smaller players outside the direct supply chain grid, Marwah admits it's harder. 'When pipelines aren't clear and visibility is low, it's difficult to prioritise sustainability. But many RFQs now include sustainability clauses. So Tier 1s are having to handhold their Tier 2s. The entire value chain is aligning.' The ACMA report highlights that ESG-readiness, compliance mapping, and traceability are now demanded not just by global OEMs but also by domestic partners aspiring for export-grade standards. 'Sustainability, green materials, clean processes, everything is changing. And the skills needed to work with these new materials are changing too,' she says. 'Investment will follow scale, not noise' With the ongoing debate on EVs, hydrogen, ethanol and ICE, some suppliers remain uncertain where to place their bets. Marwah advises pragmatism. 'The PV market was about 4 million units. It's going to grow to 7 million. Out of that, EVs and alternate fuels will be around 1 million. That still means traditional platforms will grow from 4 to 6 million. So don't get confused. Investment decisions will follow scale, not buzz.' This clarity, she believes, will help lower-tier suppliers make informed decisions. 'Don't chase headlines. Follow the data,' she urges. The past year tested the sector's resilience, zero rare earth magnet imports since April, rerouted logistics that doubled lead times, and trade uncertainties. 'We usually don't pull the plug on investments unless there's a COVID-like disruption,' Marwah points out. 'The domestic industry is doubling. So, scale must happen. And the industry is investing in advance.' Still, she stresses that uncertainty will remain a constant. 'There are FTAs on one hand and tariffs on the other. What's in our control? Our people, our plants, our processes. That's where transformation must begin.' Rather than dictate direction, ACMA sees itself as an enabler. 'Every organisation must define its own roadmap. Our job is to provide the platform, for awareness, for training, for any skill required in this transition,' says Marwah. 'The opportunity is there. But we must keep pace. Reskill, digitise, go green, but do it together. That's how India's auto component industry will truly lead," she concludes.
Mint
03-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 3 July 2025
Breakout stocks buy or sell: Indian equities ended in the red on Wednesday as investors continued profit-booking in financial stocks after a recent rally, with selling pressure extending to public sector banks. Despite hopes of a possible US-India trade agreement, market sentiment remained subdued. The Nifty 50 fell 0.38% to close at 25,443, while the Sensex declined by 287 points to end at 83,409. Broader market indices also slipped, with the Nifty Midcap 100 easing 0.14% and the Nifty Smallcap 100 losing 0.41%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is positive but the Nifty 50 index is facing hurdle at 25,650 to 25,700 zone. Speaking on the outlook of Indian stock market, Bagadia said, ' On breaking this hurdle on a closing basis, we can expect the 50-stock index to touch 26,200 soon. On the lower side, Nifty today has immediate support at 25,500, whereas it has crucial support at 25,250 to 25,200 range. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Subros, Tatva Chintan Pharma Chem, Sharda Cropchem, Pocl Enterprises, and LT Foods. 1] Subros: Buy at ₹ 1003.1, target ₹ 1075, stop loss ₹ 965; 2] Tatva Chintan Pharma Chem: Buy at ₹ 997.4, target ₹ 1070, stop loss ₹ 960; 3] Sharda Cropchem: Buy at ₹ 844.8, target ₹ 905, stop loss ₹ 815; 4] Pocl Enterprises: Buy at ₹ 897.85, target ₹ 965, stop loss ₹ 865; 5] LT Foods: Buy at ₹ 494.75, target ₹ 530, stop loss ₹ 477. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
17-06-2025
- Automotive
- Business Standard
The Smart Investor
Sensex ( %) Nifty ( %) Nifty Midcap ( %) Nifty Smallcap ( %) Nifty Bank ( %) TechM trades higher for 10th straight day; should you buy, hold or sell? Shares of Tech Mahindra hit an over four-month high at ₹1,724.25, gaining 2% in Tuesday's intra-day trade in an otherwise weak market, and has rallied 12% in the last 10 days. Lumax Auto, Subros zoom over 100% from 3-mth lows; what's behind the rally? Shares of Lumax Auto Technologies (₹1,113.90) and Subros (₹1,084) hit their respective new highs, and rallied up to 10% on the BSE in Tuesday's intra-day trade in an otherwise weak market.
