Subros Limited

Capital Goods · Industrial Products

NSE: SUBROS BSE: 517168

₹675.85

Oct. 5, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #63 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Cummins India Limited	133,951	58.7	27.9%	22.6%	1.37%	84	0	27
Polycab India Limited	121,713	43.3	22.3%	6.1%	0.58%	83	27	61
Welspun Corp Limited	65,882	75.3	17.2%	192.9%	0.20%	71	0	53
APL Apollo Tubes Limited	58,303	101.5	22.7%	20.5%	—	68	0	51
KEI Industries Limited	44,341	44.5	13.8%	12.3%	0.10%	70	29	61
Supreme Industries Limited	43,175	45.8	15.5%	-18.5%	—	76	0	49
Astral Limited	36,593	56.3	13.2%	-1.6%	—	76	12	12
AIA Engineering Limited	36,052	27.8	15.8%	21.6%	0.41%	71	29	61
Subros Limited (this stock)	4,409	26.5	13.3%	-39.6%	0.44%	70	26	47

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹4,427 Cr

EV / EBITDA

12.5x

EV / Sales

1.13x

Market cap / Sales

1.13x

Earnings yield

3.77%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 1,038 Cr, up 17.5% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 41 Cr, up 1.8% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	1,032	56	41	₹6.3400
March 31, 2026	1,050	67	50	₹7.6000
Dec. 31, 2025	948	45	35	₹5.3500
Sept. 30, 2025	880	54	41	₹6.2200
June 30, 2025	878	54	41	₹6.2300
March 31, 2025	908	62	46	₹7.0800
Dec. 31, 2024	821	46	33	₹5.0300
Sept. 30, 2024	828	49	36	₹5.5900
June 30, 2024	810	47	35	₹5.3500
March 31, 2024	832	45	31	₹4.7000
Dec. 31, 2023	732	34	27	₹4.1100
Sept. 30, 2023	813	42	27	₹4.1000
June 30, 2023	693	20	13	₹2.0600

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	1,038	1,057	953	899	884	915	826	835	813	835	739	816	695
Operating revenue	1,032	1,050	948	880	878	908	821	828	810	832	732	813	693
Other income	6	8	6	20	6	6	5	6	3	4	7	3	2
Operating expenses	951	957	866	811	796	816	745	752	733	754	673	743	646
Operating profit	81	92	81	68	82	93	76	76	77	77	60	70	47
Operating profit margin	7.8%	8.8%	8.6%	7.8%	9.3%	10.2%	9.2%	9.2%	9.5%	9.3%	8.1%	8.6%	6.8%
Depreciation	29	31	32	31	31	34	32	32	31	32	28	29	27
Interest	3	2	3	2	2	3	3	2	3	4	4	3	2
Exceptional items, gain / (loss)	—	—	-8	—	—	—	—	—	—	—	—	—	—
Profit before tax	56	67	45	54	54	62	46	49	47	45	34	42	20
Tax	14	17	10	14	14	16	13	12	12	15	7	15	6
Net profit	41	50	35	41	41	46	33	36	35	31	27	27	13
EPS	6.34	7.60	5.35	6.22	6.23	7.08	5.03	5.59	5.35	4.70	4.11	4.10	2.06
Net profit (TTM)	166	166	162	160	156	150	135	129	119	98	86	67	50
EPS (TTM)	25.51	25.40	24.88	24.56	23.93	23.05	20.67	19.75	18.26	14.97	13.13	10.27	—

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	3,756	220	166
March 31, 2025	3,368	203	150
March 31, 2024	3,071	141	98
March 31, 2023	2,806	71	48

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	10.3%	16.0%	3,794^†	3,388^†	3,085^†	2,827^†	2,249^†	1,806^†	2,013^†	2,135^†	1,977^†	1,553^†
Operating revenue	10.2%	15.9%	3,756	3,368	3,071	2,806	2,239^†	1,796^†	1,993^†	2,124^†	1,970^†	1,549^†
Other income	—	—	39^†	21^†	15^†	21^†	10^†	10^†	20^†	10^†	7^†	3^†
Operating expenses	—	—	3,431^†	3,045^†	2,816^†	2,639^†	2,090^†	1,642^†	1,804^†	1,896^†	1,760^†	1,351^†
Operating profit	24.6%	16.1%	324^†	322^†	254^†	168^†	149^†	154^†	189^†	228^†	210^†	198^†
Operating profit margin	—	—	8.6%^†	9.6%^†	8.3%^†	6.0%^†	6.6%^†	8.6%^†	9.5%^†	10.7%^†	10.7%^†	12.8%^†
Depreciation	—	—	125^†	128^†	117^†	110^†	102^†	92^†	90^†	79^†	92^†	88^†
Interest	—	—	10^†	11^†	12^†	7^†	11^†	16^†	36^†	42^†	41^†	42^†
Exceptional items, gain / (loss)	—	—	-8^†	0^†	0^†	0^†	0^†	0^†	41^†	-3^†	-2^†	-31^†
Profit before tax	45.8%	31.6%	220	203	141	71	45^†	56^†	124^†	114^†	82^†	9^†
Tax	—	—	55^†	53^†	43^†	23^†	13^†	9^†	39^†	38^†	22^†	-5^†
Net profit	51.1%	28.8%	166	150	98	48	33^†	47^†	85^†	76^†	61^†	14^†
EPS	—	28.8%	25.40^†	23.05^†	14.97^†	—	5.00^†	7.16^†	12.96^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	8.6%^†	9.6%^†	8.3%^†	6.0%^†	6.6%^†	8.6%^†	9.5%^†	10.7%^†	10.7%^†	12.8%^†
EBIT margin	6.1%^†	6.4%^†	5.0%^†	2.8%^†	2.5%^†	4.0%^†	8.0%^†	7.4%^†	6.3%^†	3.3%^†
PBT margin	5.9%	6.0%	4.6%	2.5%	2.0%^†	3.1%^†	6.2%^†	5.4%^†	4.2%^†	0.6%^†
Net margin	4.4%	4.5%	3.2%	1.7%	1.5%^†	2.6%^†	4.2%^†	3.6%^†	3.1%^†	0.9%^†
Interest coverage	23.88x^†	18.72x^†	13.06x^†	11.47x^†	5.16x^†	4.43x^†	4.40x^†	3.70x^†	3.00x^†	1.22x^†
Dividend payout	10.2%^†	7.8%^†	6.7%^†	—	14.0%^†	11.2%^†	0.0%^†	—	—	—
Earnings retention	89.8%^†	92.2%^†	93.3%^†	—	86.0%^†	88.8%^†	100.0%^†	—	—	—
Current ratio	1.61x	1.45x	—	—	—	—	—	—	—	—
Quick ratio	1.02x	0.92x	—	—	—	—	—	—	—	—
Debt to equity	0.02x	0.00x	—	—	—	—	—	—	—	—
Return on equity	13.3%	13.7%	—	—	—	—	—	—	—	—
Return on assets	7.8%	8.1%	—	—	—	—	—	—	—	—
Return on capital employed	16.8%^†	18.5%^†	—	—	—	—	—	—	—	—
Asset turnover	1.76x	1.81x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	105	-137	7	150	-44
March 31, 2025	175	-165	-13	118	57
March 31, 2024	165	-91	-65	120	45
March 31, 2023	141	-145	4	132	8
March 31, 2022	151	-100	-53	106	45

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	2,134	1,244	1,231	6	24	1,230	762	12	568	451
March 31, 2025	1,858	1,094	1,081	0	0	1,013	697	36	556	374
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.