The paper deals with a specific subsystem analysis called butt shot blast station of an Aluminium plant, as the subsystem performance contribute to the entire functioning of the plant. Six years' maintenance data on failures, repairs and various associated costs are collected for the purpose of this analysis. Three types of maintenances noted for the subsystem viz., corrective maintenance, inspection as proactive maintenance and service on requirement. Measures of subsystem effectiveness such as mean time to subsystem failure, availability of the system, busy period analysis and expected number of visit by the repairman for repair have been obtained. Semi-Markov processes and regenerative point techniques are used in this analysis.