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, Mumbai – 400001. 400001. Security ID: 517168 Sec

36.79%

y 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 for

20%

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 for auto and no

11.96%

e 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 products

31.25%

en 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 for T

42%

Certifications Market Shares IATF 16949:2016; ERM ISO 31000:2018 ESH ISO 14001:2015, 45001:2018 42% (Passenger Car AC) 44% (Truck Aircon/Blower) Revenue from Operation Rs. 3368 Cr. (2024-25) US$ 40

44%

Shares IATF 16949:2016; ERM ISO 31000:2018 ESH ISO 14001:2015, 45001:2018 42% (Passenger Car AC) 44% (Truck Aircon/Blower) Revenue from Operation Rs. 3368 Cr. (2024-25) US$ 401 Mn Our Board Ms. Sh

Rs. 3368

O 14001:2015, 45001:2018 42% (Passenger Car AC) 44% (Truck Aircon/Blower) Revenue from Operation Rs. 3368 Cr. (2024-25) US$ 401 Mn Our Board Ms. Shradha Suri Chairperson & Managing Director Dr. Jyotsna

8.45%

e Q1 2025-26 v/s Q1 2024-25 (Rs. in Cr.) REVENUES EBITDA PBT PAT 878.25 87.70 54.44 40.66 8.45% 9.05% 15.43% 16.48% Q1 2025-26 v/s Q4 2024-25 Q1 2025-26 v/s Q4 2024-25 (Rs. in Cr.) (Rs. in C

9.05%

025-26 v/s Q1 2024-25 (Rs. in Cr.) REVENUES EBITDA PBT PAT 878.25 87.70 54.44 40.66 8.45% 9.05% 15.43% 16.48% Q1 2025-26 v/s Q4 2024-25 Q1 2025-26 v/s Q4 2024-25 (Rs. in Cr.) (Rs. in Cr.) RE

15.43%

v/s Q1 2024-25 (Rs. in Cr.) REVENUES EBITDA PBT PAT 878.25 87.70 54.44 40.66 8.45% 9.05% 15.43% 16.48% Q1 2025-26 v/s Q4 2024-25 Q1 2025-26 v/s Q4 2024-25 (Rs. in Cr.) (Rs. in Cr.) REVENUES

16.48%

024-25 (Rs. in Cr.) REVENUES EBITDA PBT PAT 878.25 87.70 54.44 40.66 8.45% 9.05% 15.43% 16.48% Q1 2025-26 v/s Q4 2024-25 Q1 2025-26 v/s Q4 2024-25 (Rs. in Cr.) (Rs. in Cr.) REVENUES EBITDA

“• Revenue is higher by 8.45% in Q1 from the corresponding quarter due to increase in volume and SOP of new project including Railways business.”

Key Aspects

3

Key Aspects

• PBT is lower by 11.96% in Q1 due to • PAT is in line with PBT. decreased sales volume and increase in staff cost due to salary/wage revision. Key Indicators Q1 FY 2025-26 v/s Q1 FY 2024-25 Rs. in Cr. Indicators Revenue Other Income Material Cost Employee Cost Other Expenses Op. EBIDTA Op. EBIDTA Finance Cost Depreciation PBT PAT Q1 FY 2024-25 Q1 FY 2025-26 Change Status 809.82 3.18 71.97% 9.81% 8.98% 9.96% 9.96% 0.33% 3.79% 5.84% 4.33% 878.25 5.69 71.80% 10.20% 8.99% 10.02% 10.02% 0.28% 3.52% 6.22% 4.65% 68.43 2.51 -0.17 0.39 0.01 0.06 0.06 -0.05 -0.27 0.38 0.32 n n n g g n n n n n n Positive g Moderate – variation upto 5% n Negative – variation exceeding 5%

Key Aspects

• Revenue is higher by 8.45% in Q1 from the corresponding quarter due to increase in volume and SOP of new project including Railways business. • Other income is higher due positive restatement of foreign liabilities and forward Investments income covers and • Material cost is improved due to cost optimization initiative realized. • Employee Cost is higher due to annual salary/wage revision. Key Indicators Q1 FY 2025-26 v/s Q4 FY 2024-25 Rs. in Cr. Indicators Revenue Other Income Material Cost Employee Cost Other Expenses Op. EBIDTA Op. EBIDTA Finance Cost Depreciation PBT PAT Q4 FY 2024-25 Q1 FY 2025-26 Change Status 908.46 6.46 72.90% 8.87% 8.29% 10.96% 10.96% 0.35% 3.78% 6.83% 5.10% 878.25 5.69 71.80% 10.20% 8.99% 10.02% 10.02% 0.28% 3.52% 6.22% 4.65% -30.21 -0.77 -1.10 1.33 0.70 -0.94 -0.94 -0.07 -0.26 -0.61 -0.45 g n n n n n n n n n n n Positive g Moderate – variation upto 5% n Negative – variation exceeding 5%

Key Aspects

• Revenue is lower by 3.33% in Q1 from previous quarter due to maintenance shut down and delay in SOP of new products. • In Q4 other Income was higher due to higher positive MTM on currency reinstatement and receipt of state incentive. incentive. • Material cost is improved due to cost optimization initiative realized. • Employee Cost is higher due to annual salary/wage revision. • Other expenses are slightly higher due to maintenance shutdown resulting increased repair & maintenance, consumable cost. 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 by improvement in Op