Latest news with #Subros
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Business Standard
14 hours ago
- Business
- Business Standard
Subros zooms 18%, sharpest intra-day rally in 1 year; up 26% in 3 days
Share price of Subros today Shares of Subros hit an all-time high of ₹982.35, zooming 18 per cent thus also recording its sharpest intra-day rally in the past one year, on the BSE in Monday's intra-day deals. Earlier, on July 1, 2024, the stock price of the smallcap company had zoomed 20 per cent in intra-day trades, BSE data shows. In the past three days, the market price of Subros has appreciated by 26 per cent, while, thus far in the month of June, it has gained 35 per cent. It has nearly-doubled or zoomed 96 per cent from its March 2025 low of ₹501.55 on the BSE. At 02:42 PM; Subros was quoting 17 per cent higher at ₹970.70, as compared to 0.84 per cent rise in the BSE Sensex. The average trading volumes at the counter jumped over six-fold. A combined 4.5 million shares representing nearly 7 per cent of total equity of Subros changed hands on the NSE and BSE. Subros clarifies on increase in volume Subros on June 10, 2025, said that the company has made all the necessary disclosures (including unpublished price sensitive information) to the Stock Exchange(s). The significant increase in volume of company's equity shares is purely market driven. 'There is no information/announcement (including impending announcement) which in our opinion may have a bearing on the price/volume behaviour in the scrip and which is due to be disseminated to the Stock Exchange(s),' Subros said. Subros Q4 results For the January to March 2025 quarter (Q4FY25), Subros' revenue was higher by 9.25 per cent year-on-year (YoY) at ₹908.46 crore from corresponding quarter of last year due to increase in volume and Start of Production (SOP) of new business awards. EBIDTA was higher by 22.72 per cent in Q4 from corresponding quarter of last year due to Cost cutting initiatives and process cost optimization. MSR was lower due to softening in commodity prices, cost down initiatives and product mix. Finance cost was lower due to use of low-cost debt instrument and working capital optimization. Growth outlook for Subros Subors medium-term growth prospects remains healthy, given its strong market position in the passenger vehicle (PV) industry and continued demand in the industry. Further, the notification from the Government of India mandating air-conditioned (AC) fitted cabins in N2 and N3 trucks (both segments combined cover trucks having gross vehicle weight exceeding 3.5 tonnes), manufactured after October 2025, is expected to generate incremental revenue prospects for the company. While the company has significantly muted its sales in the home AC segment due to low segment margins amid inflationary pressure in the fixed price nature of contracts, an increase in the contribution from the other business segments, such as commercial vehicle (CVs) and Indian Railways is expected to support its earnings growth prospects, according to ICRA. The ratings for Subros continue to factor in its strong market position in the thermal products segment of the PV industry, benefitting from its integrated manufacturing operations and strong product development capabilities, which is supported by technical support from Denso Corporation, Japan. The company is expected to continue its growth momentum on account of new product development for various models of PVs, buses, trucks and the railways segment, the rating agency said in its rationale. The operating margins and return indicators are expected to improve over the medium term, aided by operational efficiencies, cost efficiency measures as well as increased localisation. About Subros Subros is the leading manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso Corporation, Japan. The company is engaged primarily in the business of manufacturing and sale of thermal products for automotive and home air-conditioning original equipment manufacturers. The company is a joint venture with 36.79 per cent ownership by the Suri family of India, 20 per cent ownership by Denso Corporation, Japan & 11.96 per cent ownership by Suzuki Motor Corporation, Japan.
Business Standard
22-05-2025
- Business
- Business Standard
Subros consolidated net profit rises 51.82% in the March 2025 quarter
Sales rise 9.25% to Rs 908.46 crore Net profit of Subros rose 51.82% to Rs 46.20 crore in the quarter ended March 2025 as against Rs 30.43 crore during the previous quarter ended March 2024. Sales rose 9.25% to Rs 908.46 crore in the quarter ended March 2025 as against Rs 831.51 crore during the previous quarter ended March 2024. For the full year,net profit rose 54.22% to Rs 150.53 crore in the year ended March 2025 as against Rs 97.61 crore during the previous year ended March 2024. Sales rose 9.67% to Rs 3367.57 crore in the year ended March 2025 as against Rs 3070.57 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 908.46831.51 9 3367.573070.57 10 OPM % 10.219.25 - 9.578.28 - PBDT 96.0776.89 25 331.76257.16 29 PBT 61.8345.05 37 203.59140.65 45 NP 46.2030.43 52 150.5397.61 54
Business Standard
22-05-2025
- Automotive
- Business Standard
Subros Q4 PAT climbs 52% YoY of Rs 46 cr
Subros reported 51.82% surge in consolidated net profit of Rs 46.20 crore in Q4 FY25 as against Rs 30.43 crore posted in Q4 FY24. Revenue from operations jumped 9.25% year on year (YoY) to Rs 908.46 crore in the quarter ended 31 March 2025. Profit before tax soared 37.24% to Rs 61.83 crore in Q4 FY25, compared to Rs 45.05 crore in Q4 FY24. On a full-year basis, the company's consolidated net profit surged 54.21% to Rs 150.53 crore on a 9.67% increase in revenue from operations to Rs 3,367.57 crore in FY25 over FY24. Meanwhile, the companys board has recommended a dividend of Rs 2.60 per equity share for the year ended 31st March 2025, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. Subros is a manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso Corporation, Japan. The company is the only integrated manufacturing unit in India for auto air conditioning systems and thermal products. It caters to all segments viz. passenger vehicles, buses, trucks, refrigeration transport, and railways. The counter rose 0.95% to end at Rs 710 on the BSE.
Mint
26-04-2025
- Automotive
- Mint
Forget RVNL, Railtel or Tata Motors! Experts see 10% upside in THIS monopoly stock in short term
Stock to buy for short-term: Amid continued FIIs' buying for the seventh straight session, the Indian investors are looking for value picks that may generate alpha returns and beat the key benchmark returns by a considerable margin. Despite the escalation in cross-border tensions between India and Pakistan, stock market experts have suggested investors look at monopoly stocks as they face limited selling in weak markets and give sharp upside when there is a trend reversal. According to stock market experts, the summer season is approaching, and IMD has already predicted a record-hot season this year. So, air conditioner stocks or white goods stocks are expected to remain in focus. However, experts suggested looking at the market from another angle. They suggested buying the vehicle air conditioner maker stock, and the company's name is Subros. Subros is a leading player in vehicle air conditioning, which covers 42% of the market space in passenger vehicles and 54% in the commercial vehicle segment. The company is also expanding its foothold in railways, buses, and the home air conditioner segment. They said that the rise of EVS is a big boost for Subros, and Tesla coming to India may open a significant avenue for revenue for Subros in the long term. Speaking on the fundamentals of Subros shares, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said, "Subros is a leading player in the vehicle air conditioning space, with a strong market share—42% in passenger cars and 54% in trucks as of Q3 FY25. The company focuses on cars and expands into other areas like railways, buses, home air conditioners, and refrigeration trucks. This helps reduce risk and opens up new growth opportunities." The SMC Global Securities expert said that the truck segment looks especially promising. With the government investing in infrastructure and more demand for commercial vehicles (CVs), the company's management expects strong growth in FY26. It has already received new orders and started production on two new truck models. The company's profit margins improved in Q3 FY25 due to lower raw material costs, cost-saving steps, and better product mix. It also earned extra income from forex gains and government incentives. "On the capex front, the company plans to invest ₹ 250–275 crore in FY26 to maintain and expand its capacity," Seema added. Seema Srivastava highlighted the benefit that Subros may reap on the EV theme, "The rise of electric vehicles (EVS) is a big positive for Subros. As EVs become more common, the company is developing new technologies like compressors and engine cooling systems suited for them. This will increase the value of products it supplies per vehicle by 1.5 to 2 times. It also aims to earn 20% of its revenue from alternative fuel vehicles in the future, showing its focus on cleaner, future-ready solutions." "The EV theme in the auto segment will pick up once Tesla starts operations in India. As there is a buzz in the market that Elon Musk's Tesla may start operations in India in FY26, Subroas shares can be a good bet for its existing shareholders, who continue to hold it for the long term," said Avinash Gorakshkar, Head of Research at Profitmart Securities. Regarding Subros' share price outlook, Mahesh M Ojha, AVP of Research at Hensex Securities, said, "Subros' share price is in the ₹ 570 to ₹ 605 per share range. On breaching the ₹ 605 hurdle, Subros shares may touch ₹ 650 soon. So, Subros shareholders are advised to hold Subros shares for a fresh breakout above ₹ 605. In profit-booking at resistance levels, one should accumulate more in the ₹ 585 to ₹ 595 range for the short-term target of ₹ 650 apiece. Fresh investors can also initiate momentum buying if the stock sustains above ₹ 605 apiece. They can maintain a buy-on-dips strategy and strict stop loss below ₹ 570." Subros can be a good short-term investment choice if you are looking for a railway PSU, air conditioner maker, or auto stock. Disclaimer: This story is based on exchange filings by Reliance Industries and is for educational purposes only. The views and recommendations above, if any, are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary. First Published: 26 Apr 2025, 08:26 AM IST
Yahoo
29-01-2025
- Business
- Yahoo
January 2025's Trio Of Stocks Estimated To Be Below Fair Value
As global markets continue to navigate the implications of recent U.S. policy shifts and heightened enthusiasm for artificial intelligence, major indices like the S&P 500 have reached record highs, reflecting investor optimism despite uncertainties in trade policies and economic forecasts. In this environment, identifying stocks that are perceived to be undervalued can offer potential opportunities for investors looking to capitalize on market inefficiencies. Name Current Price Fair Value (Est) Discount (Est) Subros (BSE:517168) ₹600.55 ₹1196.98 49.8% Round One (TSE:4680) ¥1354.00 ¥2558.59 47.1% Sichuan Injet Electric (SZSE:300820) CN¥50.58 CN¥101.14 50% GlobalData (AIM:DATA) £1.785 £3.57 49.9% 74Software (ENXTPA:74SW) €26.50 €52.93 49.9% Solum (KOSE:A248070) ₩18950.00 ₩37697.69 49.7% Fine Foods & Pharmaceuticals N.T.M (BIT:FF) €6.76 €13.46 49.8% GemPharmatech (SHSE:688046) CN¥13.06 CN¥26.01 49.8% Cavotec (OM:CCC) SEK20.00 SEK39.86 49.8% Netum Group Oyj (HLSE:NETUM) €2.82 €5.63 49.9% Click here to see the full list of 896 stocks from our Undervalued Stocks Based On Cash Flows screener. Here we highlight a subset of our preferred stocks from the screener. Overview: Atea ASA offers IT infrastructure and related solutions to businesses and public sector organizations in the Nordic countries and Baltic regions, with a market cap of NOK15.18 billion. Operations: The company's revenue is segmented as follows: Norway contributes NOK8.28 billion, Sweden NOK12.44 billion, Denmark NOK7.37 billion, Finland NOK3.62 billion, the Baltics NOK1.76 billion, and Group Shared Services account for NOK9.20 billion. Estimated Discount To Fair Value: 43.4% Atea is trading at NOK137.8, significantly undervalued compared to its estimated fair value of NOK243.55, presenting a potential opportunity for investors focused on cash flow valuation. With revenue forecasted to grow at 8.3% annually—outpacing the Norwegian market's 2% growth—and earnings expected to rise by 18.9%, Atea shows promising financial momentum despite its dividend not being well covered by earnings currently. In light of our recent growth report, it seems possible that Atea's financial performance will exceed current levels. Dive into the specifics of Atea here with our thorough financial health report. Overview: Tabuk Cement Company manufactures and sells cement in the Kingdom of Saudi Arabia with a market cap of SAR1.26 billion. Operations: The company's revenue is derived entirely from the sale of packed and unpackaged cement, amounting to SAR328.89 million. Estimated Discount To Fair Value: 48% Tabuk Cement, trading at SAR13.98, is significantly undervalued compared to its estimated fair value of SAR26.86. Despite a low forecasted return on equity of 7.1%, the company's earnings are expected to grow significantly at 21.6% annually, surpassing the SA market's growth rate of 5.9%. Recent earnings report shows net income of SAR23.05 million for Q3 2024, although its dividend track record remains unstable. According our earnings growth report, there's an indication that Tabuk Cement might be ready to expand. Click here and access our complete balance sheet health report to understand the dynamics of Tabuk Cement. Overview: IG Port, Inc., along with its subsidiaries, is engaged in animation production both in Japan and internationally, with a market cap of ¥42.11 billion. Operations: Revenue Segments (in millions of ¥): Animation Production: ¥10,500; Content Distribution: ¥2,300; Merchandising: ¥1,200; Licensing and Other Rights: ¥800. IG Port generates its revenue through animation production, content distribution, merchandising, and licensing and other rights. Estimated Discount To Fair Value: 38.3% IG Port, trading at ¥2192, is undervalued relative to its estimated fair value of ¥3550.61. The company's earnings are projected to grow significantly at 25% annually, outpacing the JP market's growth rate of 8.2%. Despite high share price volatility and a low forecasted return on equity of 18.7%, revenue is expected to increase by 7.3% per year, supported by robust cash flow metrics and strong profit growth forecasts. The analysis detailed in our IG Port growth report hints at robust future financial performance. Navigate through the intricacies of IG Port with our comprehensive financial health report here. Delve into our full catalog of 896 Undervalued Stocks Based On Cash Flows here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include OB:ATEA SASE:3090 and TSE:3791. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
