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Subros Limited (SUBROS) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹55.4B

SL Subros Limited SUBROS · NSE
Price₹848.10
Fair Value₹461.89
Upside-45.5%
Quality51/100
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Evidence: High Range ₹323.32 – ₹688.79

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +17.6% over the past month.

Price vs Fair Value (12 months)

₹1,194 ₹635.25 Fair Value ₹461.89 Jul 2025 Jul 2026

12‑month range ₹635.25 – ₹1,194 · fair‑value band ₹323.32 – ₹688.79 · the ₹848.10 price screens above the ₹461.89 fair value. As of Jul 3, 2026.

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Analysis

Subros Limited (SUBROS) currently trades at ₹848.10, while our model-based Fair Value estimate is ₹461.89 — implying the stock looks roughly 45.5% overvalued today. We read business quality at 51/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Subros Limited generated revenue of ₹37.6B at a net margin of 4.4%. Revenue grew 15.6% year over year. It earns a return on equity of 14.9%. The balance sheet holds a net cash position of ₹79.8M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹37.6B
Revenue growth (YoY) +15.6%
Net margin 4.4%
Return on equity 14.9%
Free cash flow −₹459M FY2026
P/E ratio 33.5
More key figures
Operating margin 5.8%
EPS (TTM) ₹25.37
Dividend yield 0.4%
EPS growth (YoY) +6.9%
Net cash ₹79.8M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Subros Limited engages in the manufacture and sale of thermal products for automotive applications in India. The company offers compressors; automotive condensers; heating, ventilating, and air conditioning systems, such as heaters, evaporators, and blower units; tubes and hoses; bus AC; driver cabin AC for railway engines; commercial and residential AC; transport refrigeration systems; truck cabin AC systems; and off-roader AC systems. It also exports its products. The company was incorporated in 1985 and is headquartered in New Delhi, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Subros Limited reported revenue of ₹37.6B in FY2026 versus ₹22.3B in FY2022, a compound +13.9%/yr. Reported net income was ₹1.7B in FY2026, compounding +50.3%/yr from FY2022.

Revenue +13.9%/yr
FY22 ₹22.3B
FY23 ₹28.1B
FY24 ₹30.6B
FY25 ₹33.6B
FY26 ₹37.6B
Net income +50.3%/yr
FY22 ₹325M
FY23 ₹479M
FY24 ₹976M
FY25 ₹1.5B
FY26 ₹1.7B

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Frequently asked questions

Is Subros Limited (SUBROS) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹461.89 versus a price of ₹848.10 — about −46% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SUBROS?
Our model-based fair value for Subros Limited is ₹461.89 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹848.10.
What is the quality score of SUBROS?
Subros Limited has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Subros Limited (SUBROS)?
Subros Limited reported trailing-twelve-month revenue of about ₹37.6B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SUBROS?
The net profit margin of Subros Limited is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Subros Limited pay a dividend?
Subros Limited currently shows a dividend yield of about 0.36% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.