Subros Gears Up as India Turns Up the AC Game!

In NEW RULE FOR CAR & TRUCK AC's (June 2025) AC's in Home , Offices and Vehicles - Including Car Must only be Operable Between 20 C Minimum and 28 C Maximum From June 8, 2025, all new medium and heavy commercial vehicles (N2 and N3 category—i.e., trucks, buses) must have AC-equipped cabins Mandatory.

Hold a ~ 51% Market Share in the Truck AC Segment and Estimated a ₹ 400- 450 Crore Opportunity From FY26 Due to This Mandate Apart From Commerical vehicle, Hold ~ 80% Market Share in passenger Vehicle AC supply, Supplying Major OEM's in India, Final Conclusion :- The compulsory AC cabin rule for trucks/buses is a direct tailwind for — triggering strong stock gains and unlocking new revenue (~₹400–450 cr+) Their large footprint in passenger vehicle AC is an added advantage, cushioning growth as rule impacts spill over. is well-positioned to capitalize on the government’s AC mandates and likely to see both top-line growth and margin uplift. Sentimental Dip in price Can be Good Opportunity to Accumulate