'
Subros hosted a
conference call on Jan 31, 2025. In the conference call, Mr. P. K. Duggal-
Executive Director and Chief Executive Officer, and Mr. Hemant Agarwal-CFO
represented the company.
Key takeaways of the call
The
company had a market share of 42% in passenger car AC and 54% in Truck
Aircon/Blower in Q3 FY25.
Management
indicated that rural markets are performing better than urban.
The
company anticipates stronger growth than the industry, driven by its expanding
product portfolio in Railways, Truck AC, Bus, Home AC and Refrigeration Truck.
EV
and truck new business is progressing well. SOP planned in Q1 FY26.
The
growing adoption of EVs is promising for the company, as it will gain from
technological advancements in compressors and engine cooling modules. The
content per vehicle is projected to grow 1.5 to 2...
Pleaselogin & subscribe to view the full report.
More Reports
-
(05-Feb-2025)
Castrol India
Expects EBITDA margin of 22%-25% for CY25
-
(10-Feb-2023)
Deepak Nitrite
Plans capex of about Rs 1500 crore for FY23 and FY24
-
(09-Feb-2023)
Mayur Uniquoters
Targets revenue of Rs 1000 crore in FY24
-
(31-Jan-2023)
Tega industries
Capex plan is US$ 30-32 million for next three years
|
|