Subros logo

Subros share price

NSE: SUBROSBSE: 517168Industrial ProductsSmall Cap

Last close ₹588.10down ₹26.85 (4.37%)BSE ₹588.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹614.95.

52-week range of traded prices to 23 Oct 2026
₹576.15Low, 23 Oct 2026₹1,161.00High, 27 Oct 2025
Market cap
₹3,837 Cr786th largest listed
P/E
23.1
P/B
3.1
Dividend yield
0.51%
ROE
14.2%
ROCE
15.7%
Debt to equity
0.02
Volume, NSE
77,59753.0% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−45.3%over a year

Results20-session average 31,583 shares a day, 49.4% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 7 Aug

Revenue
₹1,032 Crdown 1.68%
Net profit
₹42 Crdown 15.83%
Net margin
4.0%

Revenue by year

Peak revenue ₹3,756 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 8 NovDec 2024Filed 30 JanMar 2025Filed 18 OctJun 2025Filed 7 AugSep 2025Filed 10 NovDec 2025Filed 30 JanMar 2026Filed 18 MayJun 2026Filed 7 Aug
Revenue8288219088788809481,0501,032
Net profit3633464141354942
Net margin4.4%4.0%5.1%4.6%4.6%3.7%4.7%4.0%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Automotive Air-Conditioning System, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 8% of 2,480 trading days over the last 10 years.

LowestHighest
Its median35.2Industry median20.8
Price to book

At or below today's level on 55% of 1,894 trading days since Oct 2018.

LowestHighest
Its median3.0Industry median2.4
EV to EBITDA11.8

At or below today's level on 31% of 1,894 trading days since Oct 2018.

LowestHighest
Its median13.8Industry median15.7
Dividend yield

At or below today's level on 91% of 2,392 trading days over the last 10 years.

LowestHighest
Its median0.26%Industry median0.39%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+13.8%+10.1%+3.0%0.5%
3 years+28.8%+51.2%−15.1%0.4%
5 years+15.9%+28.5%−10.1%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 31.96% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Shareholding pattern

Shareholding by group

  • Promoters36.79%
  • Foreign institutions32.70%
  • Indian institutions10.60%
  • Individuals and others19.91%
Holder
DENSO CORPORATIONForeign direct investment20.00%
DEEKSHA HOLDING LIMITEDPromoter15.54%
SUZUKI MOTOR CORPORATIONForeign direct investment11.96%
SHRADHA SURIPromoter8.56%
JYOTSNA HOLDING PRIVATE LIMITEDPromoter5.29%
R. R. HOLDINGS PRIVATE LIMITEDPromoter4.92%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

16 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 5 of the 8 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
1
Cut
7
Held unchanged
8
Fund
Kotak Mahindra Mutual Fund logoKotak Multi Cap FundKotak Mahindra Mutual Fund24,30,4660.56%₹170.0 Cr
Canara Robeco Mutual Fund logoCanara Robeco Small Cap FundCanara Robeco Mutual Fund9,87,3080.49%₹69.0 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund9,68,2560.08%₹67.7 Cr
UTI Mutual Fund logoUTI Small Cap FundUTI Mutual Fund8,25,1381.10%₹57.7 Cr
UTI Mutual Fund logoUTI Transportation and Logistics FundUTI Mutual Fund5,51,5270.94%₹38.6 Cr
Kotak Mahindra Mutual Fund logoKotak Multi Asset Allocation FundKotak Mahindra Mutual Fund5,02,0120.23%₹35.1 Cr
Kotak Mahindra Mutual Fund logoKotak Consumption FundKotak Mahindra Mutual Fund2,50,8401.06%₹17.5 Cr
JM Financial Mutual Fund logoJM Flexi Cap FundJM Financial Mutual Fund2,42,8190.34%₹17.0 Cr
Kotak Mahindra Mutual Fund logoKotak Transportation & Logistics FundKotak Mahindra Mutual Fund99,0001.27%₹6.92 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund51,7890.15%₹3.62 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Other Industrial Products, 57 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Subros in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
INOX India logoINOX IndiaINOXINDIA16,94666.515.249.6+19.9%+8.8%25.6%25.9%0.11%
Esab India logoEsab IndiaESABINDIA8,17036.819.027.9+13.0%+29.1%56.1%63.5%1.41%
KRN Heat Exchanger and Refrigeration logoKRN Heat Exchanger and RefrigerationKRN6,66768.8––+64.0%+81.8%18.1%15.9%0.00%
WPIL logoWPILWPIL3,89222.92.411.1+8.4%+46.6%11.5%12.4%0.50%
Harsha Engineers International logoHarsha Engineers InternationalHARSHA3,68223.82.615.9+20.2%+69.6%11.6%11.4%0.37%
Aimtron ElectronicsAIMTRON3,43874.814.7–+89.2%+79.4%23.6%–0.00%
Ador Welding logoAdor WeldingADOR2,25419.54.014.2+12.9%+111.7%21.7%22.8%1.78%
Diffusion Engineers logoDiffusion EngineersDIFFNKG1,47627.03.623.2+26.5%+33.9%14.1%12.3%0.38%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.00 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹3.00
11 Sep 2025Final₹2.60
11 Sep 2024Final₹1.80
22 Aug 2023Final₹1.00
28 Jul 2022Final₹0.70
6 Sep 2021Final₹0.70
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Subros share price by year

Each calendar year to 2025.Subros share price history

YearClose at year endChangeHighest closeLowest close
2025866.05+39.8%1,194.20542.25
2024619.45+14.3%811.25495.30
2023541.85+81.1%561.70280.05
2022299.25−20.4%395.00278.30
2021375.80+9.5%397.80291.35
2020343.15+35.3%343.15126.60
2019253.65−8.3%300.30169.30
2018276.70−11.1%433.65243.15
2017311.35+90.8%311.35164.20
2016163.20+49.5%182.4077.65
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026619.00619.20576.15588.10589.4777,59753.0%
22 Oct 2026634.45634.45610.60614.95617.1939,31843.0%
21 Oct 2026661.00661.00625.00631.25635.3036,91651.0%
19 Oct 2026660.00665.50651.00652.25656.2324,68954.6%
16 Oct 2026670.25676.10660.00665.20666.7329,76858.3%
15 Oct 2026679.70682.45666.25670.25673.2524,60657.3%
14 Oct 2026676.00695.30676.00679.75684.8726,73546.6%
13 Oct 2026676.60682.20667.00679.05674.0619,73037.1%
12 Oct 2026684.15684.75669.40671.40675.1316,12352.5%
9 Oct 2026667.50682.40656.00676.75668.6433,57251.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
20 Nov 2007Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Subros Limited
NSE symbol
SUBROS
BSE code
517168
ISIN
INE287B01021
Industry
Industrial Products
Listed
Dec 1988 on BSE, Jul 2005 on NSE
Face value
₹2
CIN
L74899DL1985PLC020134
Corporate identity number, the registrar of companies' code for it