Subros Ltd.

BSE: SUBROS517168ISIN INE287B01021

Industrials
Other Industrial Products
BSE 1000

Share price

₹594.85+9.85 (+1.68%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,098.55
52W low: ₹571.30
Off 52W high: -45.85%
1M return: -11.89%
3M return: -28.35%
6M return: -24.05%
1Y return: -42.91%
20D avg volume: 8,381
50 DMA: ₹677.92
200 DMA: ₹744.17

Key ratios Consolidated

Market cap: ₹3,881 Cr
Current price: ₹594.85
52W high / low: ₹1,098.55 / ₹571.30
Face value: ₹2.00
P/E: 22.79
P/B: 2.96
EPS (TTM): ₹26.10
Book value / share: ₹200.72
ROE: —
ROCE: 16.70%
Operating margin: —
Net margin: —
Debt / equity: 0.02
Net debt: ₹18.04 Cr
Interest cover: 23.86
Dividend yield: 0.50%
Dividend / share (TTM): ₹3.00
Payout: 11.49%
Cash conversion cycle: 39.8 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,199	1,032	1,050	947.68	879.83	878.25	908.46	820.98	828.31	809.82	831.51	732.48
	7.29	6.19	7.70	5.57	19.51	5.69	6.46	4.79	6.28	3.18	3.72	6.59
	1,206	1,038	1,057	953.25	899.34	883.94	914.92	825.77	834.59	813.00	835.23	739.07
	1,146	982.71	990.77	900.68	844.85	829.50	853.09	779.97	785.99	765.84	789.93	705.11
	914.75	779.93	763.41	696.98	635.02	656.76	655.35	591.59	597.74	583.97	603.98	542.66
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	101.27	103.30	93.96	89.81	91.10	89.24	80.32	79.12	83.83	79.18	73.70	70.99
	2.39	2.62	2.27	2.83	2.10	2.43	3.15	3.21	2.45	2.67	3.72	3.82
	29.13	28.78	31.11	31.60	31.39	30.83	34.24	31.63	31.71	30.59	31.84	28.37
	99.46	89.86	88.04	84.59	79.62	78.70	75.09	70.78	72.28	72.46	71.68	65.51
	59.87	55.59	66.69	52.57	54.49	54.44	61.83	45.80	48.60	47.16	45.30	33.96
	0.00	0.00	0.00	-8.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	59.87	55.59	66.69	44.49	54.49	54.44	61.83	45.80	48.60	47.16	45.30	33.96
	15.33	14.21	17.00	9.83	13.90	13.78	15.63	12.96	12.22	12.25	14.62	7.17
	44.64	41.52	49.33	34.75	40.74	40.83	46.20	32.92	36.42	34.99	30.43	26.86
	6.85	6.36	7.56	5.33	6.24	6.26	7.08	5.05	5.58	5.36	4.66	4.12
Key metrics
	91.39	86.99	100.07	78.92	87.98	87.70	99.22	80.64	82.76	80.42	80.86	66.15
	7.60%	8.40%	9.50%	8.30%	10.00%	10.00%	10.90%	9.80%	10.00%	9.90%	9.70%	9.00%
	3.70%	4.00%	4.70%	3.70%	4.60%	4.60%	5.10%	4.00%	4.40%	4.30%	3.70%	3.70%
	4.20%	—	5.00%	—	4.50%	—	5.60%	—	—	—	—	—
	36.30%	17.50%	15.60%	15.40%	6.20%	8.50%	9.30%	12.10%	—	—	—	—
	9.60%	1.70%	6.80%	5.60%	11.90%	16.70%	51.80%	22.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,228	3,756	3,368	3,071	2,806	2,239
	26.75	38.47	20.71	14.54	20.29	9.54
	4,255	3,794	3,388	3,085	2,827	2,248
	4,020	3,566	3,185	2,945	2,756	2,203
	3,155	2,752	2,429	2,279	2,138	1,684
	0.00	0.00	0.00	—	—	—
	388.34	364.11	322.45	284.09	247.72	227.05
	10.11	9.63	11.48	11.67	6.78	10.91
	120.62	124.93	128.17	116.51	110.28	102.35
	361.95	330.95	290.61	265.00	240.73	201.78
	234.72	228.19	203.39	140.57	70.73	45.01
	-8.08	-8.08	0.00	0.00	0.00	0.00
	226.64	220.11	203.39	140.57	70.73	45.01
	56.37	54.51	53.06	43.04	22.93	12.80
	170.24	165.65	150.53	97.61	47.92	32.50
	26.10	25.39	23.07	14.96	7.35	4.98
Key metrics
	357.37	354.67	343.04	268.75	187.79	158.27
	8.45%	9.40%	10.20%	8.80%	6.70%	7.10%
	4.03%	4.40%	4.50%	3.20%	1.70%	1.50%
	—	16.70%	18.50%	—	—	—
	21.25%	11.50%	9.70%	9.40%	25.40%	—
	5.94%	10.00%	54.20%	103.70%	47.40%	—
	—	-44.24	56.90	—	—	—
	—	0.64	1.16	—	—	—
	—	0.02	0.00	—	—	—
	—	18.04	-36.36	—	—	—
	—	39.8	28.7	—	—	—
Balance sheet
	—	2,134	1,859	—	—	—
	—	1,230	1,013	—	—	—
	—	11.77	36.36	—	—	—
	—	575.58	451.32	—	—	—
	—	451.20	373.85	—	—	—
	—	24.51	18.38	—	—	—
	—	568.17	555.53	—	—	—
	—	617.82	560.31	—	—	—
	—	761.94	697.28	—	—	—
	—	29.81	0.00	—	—	—
	—	5.70	0.00	—	—	—
	—	24.11	0.00	—	—	—
	—	1,244	1,094	—	—	—
Cash flow
	—	105.33	174.83	—	—	—
	—	-136.86	-164.55	—	—	—
	—	6.94	-13.08	—	—	—
	—	149.57	117.93	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,199	1,032	1,050	947.68	879.83	878.25	908.46	820.98	828.31	809.82	831.51	732.48
	7.37	6.19	7.70	5.75	19.51	5.69	6.46	4.79	6.35	3.18	3.72	6.59
	1,206	1,038	1,057	953.43	899.34	883.94	914.92	825.77	834.66	813.00	835.23	739.07
	1,146	982.71	990.77	900.68	844.85	829.50	853.09	779.97	785.99	765.84	789.93	705.11
	914.75	779.93	763.41	696.98	635.02	656.76	655.35	591.59	597.74	583.97	603.98	542.66
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	101.27	103.30	93.96	89.81	91.10	89.24	80.32	79.12	83.83	79.18	73.70	70.99
	2.39	2.62	2.27	2.83	2.10	2.43	3.15	3.21	2.45	2.67	3.72	3.82
	29.13	28.78	31.11	31.60	31.39	30.83	34.24	31.63	31.71	30.59	31.84	28.37
	99.46	89.86	88.04	84.59	79.62	78.70	75.09	70.78	72.28	72.46	71.68	65.51
	59.95	55.59	66.69	52.75	54.49	54.44	61.83	45.80	48.67	47.16	45.30	33.96
	0.00	0.00	0.00	-8.08	0.00	0.00	0.00	—	—	—	—	—
	59.95	55.59	66.69	44.67	54.49	54.44	61.83	45.80	48.67	47.16	45.30	33.96
	15.33	14.21	17.00	9.83	13.90	13.78	15.63	12.96	12.22	12.25	14.62	7.17
	44.62	41.38	49.69	34.84	40.59	40.66	46.20	32.84	36.45	34.91	30.68	26.79
	6.84	6.34	7.60	5.35	6.22	6.23	7.08	5.03	5.59	5.35	4.70	4.11
Key metrics
	91.47	86.99	100.07	79.10	87.98	87.70	99.22	80.64	82.83	80.42	80.86	66.15
	7.60%	8.40%	9.50%	8.30%	10.00%	10.00%	10.90%	9.80%	10.00%	9.90%	9.70%	9.00%
	3.70%	4.00%	4.70%	3.70%	4.60%	4.60%	5.10%	4.00%	4.40%	4.30%	3.70%	3.70%
	4.30%	—	5.00%	—	4.50%	—	5.60%	—	—	—	—	—
	36.30%	17.50%	15.60%	15.40%	6.20%	8.50%	9.30%	12.10%	—	—	—	—
	9.90%	1.80%	7.60%	6.10%	11.40%	16.50%	50.60%	22.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,228	3,756	3,368	3,071	2,806	2,239
	27.01	38.65	20.78	14.67	20.57	9.92
	4,255	3,794	3,388	3,085	2,827	2,249
	4,020	3,566	3,185	2,945	2,756	2,203
	3,155	2,752	2,429	2,279	2,138	1,684
	0.00	0.00	0.00	—	—	—
	388.34	364.11	322.45	284.09	247.72	227.05
	10.11	9.63	11.48	11.67	6.78	10.91
	120.62	124.93	128.17	116.51	110.28	102.35
	361.95	330.95	290.61	265.00	240.73	201.78
	234.98	228.37	203.46	140.70	71.01	45.39
	-8.08	-8.08	0.00	—	—	—
	226.90	220.29	203.46	140.70	71.01	45.39
	56.37	54.51	53.06	43.04	22.93	12.80
	170.53	165.78	150.40	97.66	48.08	32.59
	26.13	25.40	23.05	14.97	7.37	5.00
Key metrics
	357.63	354.85	343.11	268.88	188.07	158.65
	8.46%	9.40%	10.20%	8.80%	6.70%	7.10%
	4.03%	4.40%	4.50%	3.20%	1.70%	1.50%
	—	16.80%	18.50%	—	—	—
	21.25%	11.50%	9.70%	9.40%	25.40%	—
	6.39%	10.20%	54.00%	103.10%	47.50%	—
	—	-44.24	56.90	—	—	—
	—	0.64	1.16	—	—	—
	—	0.02	0.00	—	—	—
	—	18.04	-36.36	—	—	—
	—	39.8	28.7	—	—	—
Balance sheet
	—	2,134	1,858	—	—	—
	—	1,230	1,013	—	—	—
	—	11.77	36.36	—	—	—
	—	575.58	451.32	—	—	—
	—	451.20	373.85	—	—	—
	—	24.51	18.38	—	—	—
	—	568.17	555.53	—	—	—
	—	617.82	560.31	—	—	—
	—	761.94	697.28	—	—	—
	—	29.81	0.00	—	—	—
	—	5.70	0.00	—	—	—
	—	24.11	0.00	—	—	—
	—	1,244	1,094	—	—	—
Cash flow
	—	105.33	174.83	—	—	—
	—	-136.86	-164.55	—	—	—
	—	6.94	-13.08	—	—	—
	—	149.57	117.93	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +10.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: +51.07%
Profit CAGR 5Y: —
Sales YoY (TTM): +21.25%
Profit YoY (TTM): +6.39%

Consolidated

Sales CAGR 3Y: +10.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: +51.20%
Profit CAGR 5Y: —
Sales YoY (TTM): +21.25%
Profit YoY (TTM): +5.94%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 36.79%

Quarter	September 2026	June 2026
Promoter %	36.79%	36.79%

Holder	Type	Holding	Previous	Change
DENSO CORPORATION	Public	20.00%	20.00%	0.00%
DEEKSHA HOLDING LIMITED	Promoter Group	15.54%	15.54%	0.00%
SUZUKI MOTOR CORPORATION	Public	11.96%	11.96%	0.00%
SHRADHA SURI	Promoter	8.56%	8.56%	0.00%
JYOTSNA HOLDING PRIVATE LIMITED	Promoter Group	5.29%	5.29%	0.00%
KOTAK MAHINDRA MUTUAL FUND	Public	5.03%	5.03%	0.00%
R. R. HOLDINGS PRIVATE LIMITED	Promoter Group	4.92%	4.92%	0.00%
RESPONSIBLE HOLDING PRIVATE LIMITED	Public	2.69%	2.69%	0.00%
JS FAMILY TRUST	Promoter Group	2.48%	2.48%	0.00%
UTI MUTUAL FUND	Public	2.11%	2.13%	-0.02%
CANARA ROBECO MUTUAL FUND	Public	1.51%	1.57%	-0.06%
SHS TRANSPORT PRIVATE LIMITED	Public	1.50%	1.50%	0.00%
NIPPON INDIA MUTUAL FUND	Public	1.48%	1.48%	0.00%
COLD FORM ENGINEERING PRIVATE LIMITED	Public	1.15%	1.15%	0.00%
JYOTSNA SURI	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
HBL ENGINEERING LIMITED	23,187	836.50	43.20	45.90%	—	—	-15.86%
INOX India Limited	17,557	1,930.95	67.38	30.80%	+22.53% TTM	+5.98% TTM	+59.26%
Esab India Ltd. S	8,206	5,330.95	36.98	60.80%	+12.99% TTM	+29.07% TTM	+9.05%
KRN HEAT EXCHANGER AND REFRIGERATION LIMITED	6,620	1,011.40	57.55	18.00%	+77.18% TTM	+94.83% TTM	+27.68%
Harsha Engineers International Limited	4,200	461.30	25.73	14.20%	+22.34% TTM	+65.44% TTM	+15.61%
Subros Ltd.	3,881	594.85	22.79	16.70%	+21.25% TTM	+5.94% TTM	-42.91%
Ador Welding Ltd.	2,462	1,414.95	21.32	20.30%	+12.93% TTM	+111.66% TTM	+31.10%
Diffusion Engineers Limited	1,568	419.05	27.32	15.70%	+38.32% TTM	+34.51% TTM	+12.53%
MIC Electronics Limited	1,085	36.43	-89.18	10.00%	+132.72% TTM	-227.43% TTM	-30.96%
Hy-Tech Engineers Limited	768	81.02	—	—	+17.36% FY26	+15.14% FY26	—
Technocrats Plasma Systems Limited S	715	406.20	—	—	+166.03% FY26	+84.22% FY26	—
MALLCOM (INDIA) LTD.	570	912.80	21.29	14.80%	+3.91% TTM	-54.47% TTM	-36.70%
Simplex Castings Ltd. S	527	128.45	22.54	26.20%	+15.32% TTM	+28.04% TTM	+32.38%
Sealmatic India Limited	523	481.70	—	12.10%	—	—	+23.38%
EXPO ENGINEERING AND PROJECTS LIMITED S	228	88.00	191.30	14.20%	-34.54% TTM	-70.94% TTM	+12.12%
QUEST FLOW CONTROLS LIMITED	184	179.70	—	0.40%	—	—	-26.97%
ALPHALOGIC INDUSTRIES LIMITED S	133	131.00	21.69	26.00%	—	—	+20.52%
W.H. Brady & Co. Ltd.	122	476.80	18.49	8.20%	-9.14% TTM	-71.81% TTM	-34.79%
Narmadesh Brass Industries Limited S	100	323.00	271.43	9.80%	—	—	—
MAURIA UDYOG LIMITED	82	6.18	3.71	39.10%	-13.01% TTM	+6.43% TTM	-52.72%
Siyaram Recycling Industries Limited S	75	34.44	22.36	11.20%	—	—	-63.07%
Indian Link Chain Mnfrs. Ltd. S	61	229.40	-201.23	-0.90%	-100.00% TTM	-321.43% TTM	-87.52%
DELTA MANUFACTURING LIMITED	60	55.33	-5.70	22.80%	+3.75% TTM	+7.22% TTM	-25.73%
Gabriel Pet Straps Limited	47	63.18	—	4.90%	—	—	-78.87%
Storage Technologies and Automation Limited	45	34.84	—	-6.10%	—	—	-51.11%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Audio call recording for the Investor call held on 4th November, 2026.4 Nov 2026 · Company Update / Analyst / Investor Meet
Proof of publication for the unaudited financial results for the quarter and half year ended 30th September, 2026.4 Nov 2026 · Company Update / Newspaper Publication
Investor Presentation of the Unaudited financial results for the quarter and half year ended 30th September, 2026.3 Nov 2026 · Company Update / Investor Presentation
Announcement of Credit Rating3 Nov 2026 · Company Update / Credit Rating
Outcome of the board meeting held today, i.e. 3rd November, 2026 for the quarter and half year ended 30th September, 2026.3 Nov 2026 · Board Meeting / Outcome of Board Meeting
Board of Director approved Unaudited Financial results for the quarter and half year ended 30th September, 2026 in its meeting held on 3rd November, 2026.3 Nov 2026 · Result / Financial Results
Capacity addition under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 202528 Oct 2026 · Company Update / General
Announcement under Regulation 30 for new business award of HVAC Units27 Oct 2026 · Others
Intimation for Investor Conference call23 Oct 2026 · Company Update / Analyst / Investor Meet
Subros Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve Intimation of the Board Meeting Under ....23 Oct 2026 · Board Meeting / Board Meeting
Press Release regarding inauguration of Subros Advanced Technologies & Innovation Center(SATIC) at Noida15 Oct 2026 · Company Update / Press Release / Media Release
Compliance Certificate under Reg. 74(5) of SEBI(DP)Regulation for the quarter ended 30th September, 202612 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window for declaration of unaudited financial results for the quarter ending 30th September, 202626 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of E-voting results and Scrutinizer''s report of the Annual General Meeting held on 18th September, 2026.21 Sep 2026 · AGM/EGM / AGM
Proceedings of the 41st Annual General Meeting of the Company18 Sep 2026 · AGM/EGM / AGM
Proof of Publication for 41st AGM Notice of the Company27 Aug 2026 · Company Update / Newspaper Publication
Letter providing web-link of Annual Report and AGM Notice under Regulation 36(1)(b) for F.Y 2025-2625 Aug 2026 · Company Update / General
Business Responsibility and Sustainability Report for the F.Y 2025-2625 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
41st AGM Notice and Annual Report for the F.Y 2025-2625 Aug 2026 · AGM/EGM / AGM
Annual Report for the F.Y 2025-2625 Aug 2026 · Others / Reg. 34 (1) Annual Report
Proof of Publication for Pre AGM Notice22 Aug 2026 · Company Update / Newspaper Publication
Earning Call Transcript Q1 (2026-27)14 Aug 2026 · Company Update / Earnings Call Transcript
Audio recording for Analyst/Investor meet held on 10th August, 202610 Aug 2026 · Company Update / Analyst / Investor Meet
Proof of Publication for unaudited financial results for quarter ended 30th June, 20268 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation7 Aug 2026 · Company Update / Investor Presentation
Announcement under Regulation 307 Aug 2026 · Company Update / General
Change in Directors7 Aug 2026 · Company Update / Change in Directorate
To approve unaudited Results for the quarter ended 30th June, 20267 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting to approve unaudited financial Results for the quarter ended 30th June, 20267 Aug 2026 · Board Meeting / Outcome of Board Meeting
Analyst/Investor Conference Call for the quarter ended 30th June, 202631 Jul 2026 · Company Update / Analyst / Investor Meet
Subros Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve Prior Intimation of Board Meeting for ....25 Jul 2026 · Board Meeting / Board Meeting
Certificate under Reg 74(5) for the quarter ended 30th June, 20268 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window for the quarter ending 30th June, 2026 for declaration of unaudited results of the Company.27 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Proof of publication for notice to shareholders11 Jun 2026 · Company Update / Newspaper Publication
Annual Secretarial Compliance Report 2025-2626 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Earning Call Transcript Q4 (2025-26)26 May 2026 · Company Update / Earnings Call Transcript
Intimation of Annual Investor Conference19 May 2026 · Company Update / Analyst / Investor Meet
Audio recording for Analyst/Investor meet held on 19th May, 2026.19 May 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication fort he quarter and year ended 31st March, 2026.19 May 2026 · Company Update / Newspaper Publication
Declaration of Dividend18 May 2026 · Corp Action / Dividend Updates

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 3.0000	11 Sep 2026	11 Sep 2026	—
Final Dividend - Rs. - 2.6000	11 Sep 2025	11 Sep 2025	—
Final Dividend - Rs. - 1.8000	11 Sep 2024	—	—

Board meetings

3 Nov 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results