Subros Limited announced its financial results for the quarter and half-year ended September 30, 2026. The company reported a substantial 36.27% increase in revenue for Q2 FY27 compared to Q2 FY26, reaching ₹1198.90 crore. This growth is attributed to increased market demand, new business awards, and progress on manufacturing initiatives. Profitability metrics also showed positive trends, with EBIDTA, PBT, and PAT registering increases.
Subros Announces Strong Financial Performance for Q2 FY27
Subros Limited has released its investor presentation detailing the unaudited financial results for the quarter and half-year ended September 30, 2026. The company has demonstrated robust growth, with revenues for the second quarter of FY27 reaching ₹1198.90 crore, marking a significant 36.27% increase compared to the same period in FY26. This performance underscores the company’s expanding market presence and operational effectiveness.
Key Financial Highlights
The financial statement reveals several key indicators of Subros’s strong performance:
- Revenue Growth: Q2 FY27 revenue stood at ₹1198.90 crore, a 36.27% increase over Q2 FY26. Quarter-on-quarter, revenue grew by 16.16% from Q1 FY27.
- EBIDTA: EBIDTA saw an increase of 3.96% year-on-year for Q2 FY27.
- PBT: Profit Before Tax (PBT) grew by 10.02% compared to the previous year’s second quarter.
- PAT: Profit After Tax (PAT) also showed a positive trend, increasing by 9.93% year-on-year.
Business Highlights and Future Outlook
The business highlights for Q2 FY27 indicate several strategic advancements:
- The company secured a new business award for future programs from various customers for HVAC, Compressor, and HX units.
- Manufacturing facilities, including the Kharkhoda plant (Greenfield project) and Karsanpura plant (expansion), are progressing for FDC capacities and electric compressor expansion.
- The company has started SOPs for two new models for ICE vehicles in Q2 FY27.
- The ‘Way Forward’ strategy includes company growth aligned with industry growth, business expansion in the CV segment, and capitalizing on green mobility opportunities. Operational aspects focus on technology upgrades, cost optimization, mitigating foreign exchange impact, and human skill development.
Subros Limited’s proactive approach to market demands, coupled with strategic expansions and technological advancements, positions the company for continued growth in the automotive thermal products sector.
Source: BSE