Subros Stock Price Analysis and Quick Research Report. Is Subros an attractive stock to invest in?

The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Subros is performing and if it is the right time to buy the stock of Subros with detailed analysis.

• The mainstream of revenue for Auto Sector is their sales, Subros has reported poor sales growth of 9.4178 % and in the latest quarter sales was Rs 908.46 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 8.6372 times for Subros . It is managing its inventory poorly .
   
• Subros reported Profit growth of 103.1022 % over the year, where the latest year profit is Rs 97.6629 Cr compared to the previous year of Rs 48.0856 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
   
• The operating profit of Subros in the latest quarter is Rs 92.76 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
   
• Subros has a average ROE of 10.7147 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Subros has a low Debt to Equity ratio of 0.0311.
   
• Subros pays a dividend of 1.8 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.3148 %.
   
• The share of promoter in Subros is low at 36.79 %, where the pledging is 0 %.
   
• What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Subros is 36.137810781269 compared to the 5 year average PE of 38.75528 .
   
• Share Price: - The current share price of Subros is Rs 833.15. One can use valuation calculators of ticker to know if Subros share price is undervalued or overvalued.