	2012 Mar 31	2013 Mar 31	2014 Mar 31	C 2015 Mar 31	C 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	1,121	1,277	1,167	1,192	1,298	1,535	1,913	2,124	1,993	1,796	2,239	2,806	3,071	3,368	3,756
Cost of Operating Revenue	904	1,035	942	952	1,036	1,232	1,519	1,660	1,587	1,466	1,863	2,385	2,519	2,712	2,861
Gross Profit	217	241	225	239	263	303	394	465	406	330	376	421	551	656	894
Gross Margin	19.4	18.9	19.3	20.1	20.2	19.8	20.6	21.9	20.4	18.4	16.8	15.0	18.0	19.5	23.8
Total Operating Expenses	1,077	1,227	1,111	1,134	1,233	1,455	1,795	1,974	1,890	1,734	2,188	2,749	2,932	3,173	3,556
Operating Profit	43	49	56	58	66	80	118	150	103	62	51	58	139	195	199
Operating Margin	3.9	3.9	4.8	4.9	5.1	5.2	6.2	7.1	5.2	3.5	2.3	2.1	4.5	5.8	5.3
Financing Income/(Expense) - Net	-25	-35	-37	-38	-40	-33	-36	-38	-33	3	-8	1	1	3	-10
Profit before Taxes	58	24	20	20	26	8	82	114	124	56	45	71	141	204	220
Income Taxes	10	4	-1	0	2	-5	22	38	39	9	13	23	43	53	55
Profit after Tax	48	20	21	20	24	13	61	76	85	47	32	48	98	151	166
PAT Margin	4.3	1.6	1.8	1.7	1.8	0.9	3.2	3.6	4.3	2.6	1.5	1.7	3.2	4.5	4.4
EPS - Basic - ex Extraordinary Items	7.96	3.38	3.47	3.34	3.99	2.20	10.09	12.37	13.00	7.26	4.98	7.35	14.96	23.08	25.39
EPS - Diluted - ex Extraordinary Items	7.96	3.38	3.47	3.34	3.99	2.20	10.09	12.37	13.00	7.26	4.98	7.35	14.96	23.08	25.39
EBIT	43	49	56	58	66	80	118	150	103	62	51	58	139	195	199
EBITDA	97	122	133	137	152	170	211	229	193	154	153	168	255	323	324
EBITDA Margin	8.7	9.6	11.4	11.5	11.7	11.1	11.0	10.8	9.7	8.6	6.8	6.0	8.3	9.6	8.6

Balance Sheet

Abridged

Understanding Balance Sheet

Subros Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	R 2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	PRESS
Total Current Assets	326	286	275	301	325	426	485	557	541	631	690	685	807	1,013	1,230
Long-Term Investments	-	-	-	-	1	5	2	-	-	3	12	38	13	41	70
Property Plant & Equipment - Net	382	445	465	465	453	458	576	595	653	629	617	645	663	638	653
Total Non-Current Assets	519	595	639	672	649	699	812	823	847	818	815	858	844	846	904
Total Assets	844	881	914	973	974	1,125	1,297	1,380	1,388	1,449	1,505	1,543	1,651	1,859	2,134
Total Current Liabilities	411	375	341	412	443	620	738	635	577	593	627	620	626	697	762
Long Term Debt	136	190	241	214	190	157	153	57	32	33	20	9	4	0	24
Total Non-Current Liabilities	163	220	272	244	191	158	155	65	59	62	54	56	69	67	128
Total Liabilities	574	595	613	656	634	777	893	700	636	654	681	676	695	764	890
Total Shareholders' Equity	271	286	302	317	340	347	404	680	752	795	824	867	956	1,094	1,244
Total Equity	271	286	302	317	340	347	404	680	752	795	824	867	956	1,094	1,244
Total Liabilities & Equity	844	881	914	973	974	1,125	1,297	1,380	1,388	1,449	1,505	1,543	1,651	1,859	2,134

Cash Flow

Abridged

Understanding Cash Flow Statement

Subros Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	2018 Mar 31	2019 Mar 31	2020 Mar 31	C 2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	68.07	84.76	84.48	84.91	101.33	85.21	160.76	160.14	184.90	143.05	140.70	169.00	226.83	267.52	247.17
Working Capital - Increase/(Decrease)	-11.93	50.69	-34.09	6.93	2.70	-19.01	107.48	-98.52	21.37	4.15	4.29	-30.01	-68.73	-96.54	-143.70
Net CF from Operating Activities	56.15	135.45	50.39	91.84	104.03	66.20	268.24	61.61	206.27	147.20	144.99	138.99	158.10	170.98	103.47
Capital Expenditures - Net	177.07	135.38	108.88	93.99	69.40	78.09	231.17	126.91	97.84	62.24	105.66	109.77	118.82	116.42	147.30
Net CF from Investing Activities	-177.07	-135.38	-108.88	-93.99	-69.40	-78.09	-231.17	-126.91	-97.84	-65.24	-105.28	-150.11	-96.28	-172.16	-144.78
Dividends Paid - Cash - Total	5.58	7.67	4.88	4.91	5.05	4.80	3.00	6.60	8.48	5.22	4.57	4.57	6.52	11.74	16.96
Stock - Issuance/(Retirement) - Net	-	-	-	-	-	-	-	209.22	-	-	-	-	-	-	-
Debt - LT & ST - Issuance/(Retirement) - Total	104.02	27.77	63.88	6.36	-29.82	18.62	-20.60	-144.06	-100.89	-101.25	-16.92	-11.61	-13.36	-	29.18
Net Cash Flow from Financing Activities	118.83	-0.28	59.00	1.45	-34.87	12.84	-24.21	57.21	-111.11	-52.65	-40.11	11.39	-52.91	-1.21	16.72
Free Cash Flow to Equity	-16.91	27.84	5.39	4.22	4.80	6.73	16.46	-209.35	7.54	-16.28	22.41	17.61	25.92	54.56	-14.65
Free Operating CF net dividend	-135.97	-8.98	-64.02	-7.57	29.42	-92.88	33.80	-72.47	99.67	78.46	34.45	24.02	31.85	41.31	-63.06
Free Operating CF	-130.40	-1.31	-59.14	-2.66	34.47	-88.08	36.80	-65.87	108.15	83.68	39.02	28.59	38.38	53.06	-46.10

Business Segment Analysis

FY End:

Mar 25

Subros Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Manufacturing of thermal products (100.0%)₹ 117.93 Cr

Revenue / Sales

Manufacturing of thermal products (100.0%)₹ 3,367.57 Cr

Assets

Manufacturing of thermal products (100.0%)₹ 1,858.61 Cr

Operating Income

Manufacturing of thermal products (100.0%)₹ 194.76 Cr

Regional Segment Analysis

FY End:

Mar 25

Subros Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

Domestic (100.0%)₹ 3,367.30 CrOverseas (0.0%)₹ 0.28 Cr

Historical Segment Analysis

Track how Subros Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31

Manufacturing of thermal products	64	106	110	120	118

Frequently Asked Questions

What is the revenue of Subros Ltd.?

The latest trailing twelve month revenue of Subros Ltd. is ₹ 3,755.52 Cr, reflecting a 1-year growth of 11.52% and a 3-year CAGR of 10.20%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Subros Ltd.?

The latest trailing twelve month net profit (PAT) of Subros Ltd. is ₹ 165.65 Cr, with a 3-year earnings CAGR of 51.20%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Subros Ltd.?

The trailing twelve month EBITDA of Subros Ltd. is approximately ₹ 199.35 Cr (based on an operating margin of 5.31%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Subros Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Subros Ltd. is 25.39. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Subros Ltd.?

The debt-to-equity ratio of Subros Ltd. stands at 0.02. The interest coverage ratio is 20.70x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Subros Ltd.?

The estimated book value per share of Subros Ltd. is 190.57 (derived from a P/B ratio of 4.45 and market price of ₹ 848.10), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Subros Ltd.?

The trailing twelve month operating cash flow of Subros Ltd. is ₹ 103.47 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Subros Ltd. report consolidated or standalone financials?

Subros Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.