Subros Limited

rs,

dam, Dy. General Manager, Department of Corporate Services, BSE LIMITED, First Floor, P.J. Towers, Dalal Street, Fort, Mumbai – 400001. Security ID: 517168 Sub: Investor Presentation on the audit

36.79%

in India. A Joint Venture company between OUR PRESENCE Equity Distribution Indian Promoters -36.79%, Denso-20%, Suzuki-11.96%, Public-31.25% Business Integrated Thermal Products manufacturer fo

20%

oint Venture company between OUR PRESENCE Equity Distribution Indian Promoters -36.79%, Denso-20%, Suzuki-11.96%, Public-31.25% Business Integrated Thermal Products manufacturer for auto and

11.96%

company between OUR PRESENCE Equity Distribution Indian Promoters -36.79%, Denso-20%, Suzuki-11.96%, Public-31.25% Business Integrated Thermal Products manufacturer for auto and non auto product

31.25%

OUR PRESENCE Equity Distribution Indian Promoters -36.79%, Denso-20%, Suzuki-11.96%, Public-31.25% Business Integrated Thermal Products manufacturer for auto and non auto products Segments fo

42%

ifications Market Shares IATF 16949:2016; ERM ISO 31000:2018 ESH ISO 14001:2015, 45001:2018 42% (Passenger Car AC) 43% (Truck Aircon/Blower) Revenue from Operation Rs. 3368 Cr. (2024-25) US$

43%

es IATF 16949:2016; ERM ISO 31000:2018 ESH ISO 14001:2015, 45001:2018 42% (Passenger Car AC) 43% (Truck Aircon/Blower) Revenue from Operation Rs. 3368 Cr. (2024-25) US$ 401 Mn Our Board Ms

Rs. 3368

001:2015, 45001:2018 42% (Passenger Car AC) 43% (Truck Aircon/Blower) Revenue from Operation Rs. 3368 Cr. (2024-25) US$ 401 Mn Our Board Ms. Shradha Suri Chairperson & Managing Director Dr. Jyo

9.67%

3.46 150.40 Q4 2024-25 v/s Q4 2023-24 REVENUES EBITDA PBT PAT 99.23 61.83 46.20 9.67% 27.61% 44.61% 53.99% (Rs. in Cr.) 9.25% 22.72% 36.49% 50.57% Q4 2024-25 v/s Q3 20

27.61%

50.40 Q4 2024-25 v/s Q4 2023-24 REVENUES EBITDA PBT PAT 99.23 61.83 46.20 9.67% 27.61% 44.61% 53.99% (Rs. in Cr.) 9.25% 22.72% 36.49% 50.57% Q4 2024-25 v/s Q3 2024-25 (

44.61%

4 2024-25 v/s Q4 2023-24 REVENUES EBITDA PBT PAT 99.23 61.83 46.20 9.67% 27.61% 44.61% 53.99% (Rs. in Cr.) 9.25% 22.72% 36.49% 50.57% Q4 2024-25 v/s Q3 2024-25 (Rs. in Cr

53.99%

v/s Q4 2023-24 REVENUES EBITDA PBT PAT 99.23 61.83 46.20 9.67% 27.61% 44.61% 53.99% (Rs. in Cr.) 9.25% 22.72% 36.49% 50.57% Q4 2024-25 v/s Q3 2024-25 (Rs. in Cr.) REVE

“01.04.2024 FY 2023-24 vs FY 2024-25 150.40 53.99% 97.66 T B P PAT Q4 FY24 vs Q4 FY25 50.57% Q3 FY25 vs Q4 FY25 40.67% 30.68 32.84 46.20 3.19% 4.48% 3.70% 4.01% 5.10% FY 2023-24 FY 2024-25 Q4 FY 2023-24 Q3 FY 2024-25 Q4 FY 2024-25 Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward Key Indicators FY 2024-25 v/s FY 2023-24 Rs.”

Key Aspects

4

Key Aspects

• PAT is higher due to lower tax rate after adoption of new tax regime w,e.f. 01.04.2024 FY 2023-24 vs FY 2024-25 150.40 53.99% 97.66 T B P PAT Q4 FY24 vs Q4 FY25 50.57% Q3 FY25 vs Q4 FY25 40.67% 30.68 32.84 46.20 3.19% 4.48% 3.70% 4.01% 5.10% FY 2023-24 FY 2024-25 Q4 FY 2023-24 Q3 FY 2024-25 Q4 FY 2024-25 Financial Results & Highlights Results Analysis - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward Key Indicators FY 2024-25 v/s FY 2023-24 Rs. in Cr. Indicators FY 2023-24 FY 2024-25 Change Status Revenue from Operation 3070.57 3367.57 297.00 Other Income Material Cost Employee Cost Other Expenses Op. EBIDTA Finance Cost Depreciation PBT PAT 14.67 20.78 74.07% 72.45% 9.28% 8.66% 8.78% 0.38% 3.81% 4.60% 3.19% 9.61% 8.66% 10.22% 0.34% 3.82% 6.06% 4.48% 6.11 -1.62 0.33 0.00 1.44 -0.04 0.01 1.46 1.29 n n n g n n n g n n n Positive g Moderate – variation upto 5% n Negative – variation exceeding 5%

Key Aspects

• Revenue is higher by 9.67% 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. Key Indicators Q4 FY 2024-25 v/s Q4 FY 2023-24 Rs. in Cr. Indicators Q4 FY 2023-24 Q4 FY 2024-25 Change Status Revenue from Operation 831.51 908.46 76.95 Other Income Material Cost Employee Cost Other Expenses Op. EBIDTA Finance Cost Depreciation PBT PAT 3.72 6.46 73.52% 72.90% 8.90% 8.65% 9.76% 0.45% 3.84% 5.47% 3.70% 8.87% 8.29% 10.96% 0.35% 3.78% 6.83% 5.10% 2.74 -0.62 -0.03 -0.36 1.20 -0.10 -0.06 1.36 1.40 n n n n n n n n n n n Positive g Moderate – variatio

Key Aspects

• Revenue is higher by 9.25% in Q4 from corresponding quarter of last year 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 • MSR is lower due to softening in Commodity prices, cost down initiatives and Product Mix. • • 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. Key Indicators Q4 FY 2024-25 v/s Q3 FY 2024-25 Rs. in Cr. Indicators Q3 FY 2024-25 Q4 FY 2024-25 Change Status Revenue from Operation 820.98 908.46 87.48 Other Income Material Cost Employee Cost Other Expenses Op. EBIDTA Finance Cost Depreciation PBT PAT 4.79 6.46 72.72% 72.90% 9.67% 8.65% 9.85% 0.39% 3.86% 5.60% 4.01% 8.87% 8.29% 10.96% 0.35% 3.78% 6.83% 5.10% 1.67 0.19 -0.80 -0.36 1.11 -0.04 -0.08 1.23 1.09 n n g n n n n n n n n Positive g Moderate – variation upto 5% n Negative – variation exceeding 5%

Key Aspects

• Revenue is higher by 10.66% in Q4 from previous quarter due to increase in volume • Other Income is higher due to positive MTM on currency reinstatement. • MSR is higher due to Product Mix. • • 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 - Revenue Results Analysis - EBITDA Results Analysis - PBT Results Analysis - PAT Financial key Indicators Way Forward WAY FORWARD Market and Revenue Potential Company Growth aligned to Industry Growth in all segments Business Expansion in CV Segment (Bus, rail, Truck) To Realize business opportunities Green Mobility ( EV, SHEV, CNG etc) Operational Aspects Technology upgrade to meet regulatory changes (BSVI, RDE, CAFÉ etc) Mitigating Impact of Foreign Exchange thru Hedging and Aggressive Localization Capacity thru Internal efficiency optimization and Expansion plans Cost Optimization