Subros Limited

rs,

tment of Corporate Services, Department of Corporate Services, BSE LIMITED, First Floor, P.J. Towers, Towers, Dalal Street, Fort, Dalal Street, Fort, 400001. Mumbai – 400001. Security ID: 517168 Sec

36.79%

India. A Joint Venture company between Equity Distribution Business Suri’s (Indian Promoters)-36.79%, Denso-20%, Suzuki-11.96%, Public- 31.25% Integrated Thermal Products manufacturer for auto and

20%

t Venture company between Equity Distribution Business Suri’s (Indian Promoters)-36.79%, Denso-20%, Suzuki-11.96%, Public- 31.25% Integrated Thermal Products manufacturer for auto and non auto pr

11.96%

mpany between Equity Distribution Business Suri’s (Indian Promoters)-36.79%, Denso-20%, Suzuki-11.96%, Public- 31.25% Integrated Thermal Products manufacturer for auto and non auto products Segment

31.25%

Equity Distribution Business Suri’s (Indian Promoters)-36.79%, Denso-20%, Suzuki-11.96%, Public- 31.25% Integrated Thermal Products manufacturer for auto and non auto products Segments for Thermal pr

42%

tion (Noida) 1 Location (Noida) Certifications Market Shares ISO 14001, IATF 16949, OHSAS 18001 42% (Passenger Car AC) 54% (Truck Aircon/Blower) Revenue from Operation Rs. 3071 Cr. (2023-24) US$ 37

54%

(Noida) Certifications Market Shares ISO 14001, IATF 16949, OHSAS 18001 42% (Passenger Car AC) 54% (Truck Aircon/Blower) Revenue from Operation Rs. 3071 Cr. (2023-24) US$ 370 Mn Noida Plant Pres

Rs. 3071

IATF 16949, OHSAS 18001 42% (Passenger Car AC) 54% (Truck Aircon/Blower) Revenue from Operation Rs. 3071 Cr. (2023-24) US$ 370 Mn Noida Plant Pressure Die Casting Pune Plant Manesar Plant Chennai Plan

12.08%

d Business Highlights (Q3 2024-25) Q3 24-25 vs Q3 23-24 Q3 2024-25 Highlights Revenue growth is 12.08% PV Segment Thermal business growth is 19% Revenue growth is 10% EBIDTA growth is 21.91% EBIDTA

19%

s Q3 23-24 Q3 2024-25 Highlights Revenue growth is 12.08% PV Segment Thermal business growth is 19% Revenue growth is 10% EBIDTA growth is 21.91% EBIDTA growth is 14% PBT growth is 34.86% PBT grow

10%

Highlights Revenue growth is 12.08% PV Segment Thermal business growth is 19% Revenue growth is 10% EBIDTA growth is 21.91% EBIDTA growth is 14% PBT growth is 34.86% PBT growth is 26% PAT growth is

21.91%

rowth is 12.08% PV Segment Thermal business growth is 19% Revenue growth is 10% EBIDTA growth is 21.91% EBIDTA growth is 14% PBT growth is 34.86% PBT growth is 26% PAT growth is 22.58% Highest ever Re

Key Aspects

3

Key Aspects

• Sales is higher by 9.80% due to increase in volume and Start of Production (SOP) of new business award • Other Income is higher due to positive MTM on currency reinstatement and receipt of state incentive. • MSR is lower due to softening in Commodity prices, cost down initiatives and Product Mix. • • • Employee Cost is higher due to yearly salary/wage revision. Finance cost is lower due to use of low- cost debt instrument and working capital optimization. PAT is higher due to lower tax rate after adoption of new tax regime. Financial Results & Highlights Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q3 FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q2 FY 2024-25 Way Forward Q3 FY 2024-25 v/s Q3 FY 2023-24 Revenue 732.48 820.98 Recorded revenue growth of 12.08% with corresponding Qtr Q3 FY 2023-24 Q3 FY 2024-25 EBIDTA 66.15 80.64 9.06% 9.85% EBIDTA realization at 9.85% as against 9.06% 1000.00 800.00 600.00 400.00 200.00 0.00 100.00 80.00 60.

Key Aspects

Indicators Net Sales Other Income Material Cost Employee Cost Other Expenses Op. EBIDTA Finance Cost Depreciation PBT PAT 730.13 6.59 73.47% 9.72% 8.97% 9.06% 0.52% 3.89% 4.65% 3.67% 818.54 4.79 72.72% 9.67% 8.65% 9.85% 0.39% 3.86% 5.60% 4.01% 88.41 -1.80 -0.75 -0.06 -0.33 0.79 -0.13 -0.02 0.94 0.34            Positive  Moderate – variation upto 5%  Negative – variation exceeding 5% • Sales is higher by 12.11% due to increase in volume and Start of Production (SOP) of new business award. • Other income is lower due to reinstatement of foreign currency forward covers and MTM provision. • MSR is lower due to softening in Commodity prices, cost down initiatives and Product Mix. Employee cost is lower due to less direct manpower cost, alignment of shift optimization and higher sales. Finance cost is lower due to use of low-cost debt instrument and working capital optimization. PAT is higher due to higher contribution and cost reduction initiative. • • • . Financial Results & H

Key Aspects

825.61 6.35 72.15% 10.15% 8.75% 10.03% 0.30% 3.84% 5.90% 4.41% 818.54 4.79 72.72% 9.67% 8.65% 9.85% 0.39% 3.86% 5.60% 4.01% -7.07 -1.56 0.56 -0.49 -0.11 -0.18 0.10 0.02 -0.30 -0.40           • Sales is slightly lower due to product mix changes. • Other income is lower due to reinstatement of foreign currency forward covers and MTM provision. • MSR is slightly higher due to change in product mix. Employee cost is lower due to less direct manpower cost and alignment of shift optimization. Interest cost is slightly higher due to increased working capital requirement. • • .  Positive  Moderate – variation upto 5%  Negative – variation exceeding 5% Financial Results & Highlights Results Analysis - 9M FY 2024-25 v/s 9M FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q3 FY 2023-24 Results Analysis - Q3 FY 2024-25 v/s Q2 FY 2024-25 Way Forward WAY FORWARD Market and Revenue Potential Growth in Line with the performance of Indian Automobile Industry Business Expansion in Railways,