Share Price and Basic Stock Data
Last Updated: October 22, 2025, 5:05 am
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Subex Ltd operates within the IT Consulting and Software sector, with a current market capitalization of ₹741 Cr. The company reported sales of ₹279 Cr for the financial year ending March 2023, which marked a decline from ₹333 Cr in the previous fiscal year. Quarterly sales have shown volatility, with a peak of ₹83 Cr in June 2022, followed by a significant drop to ₹47 Cr in March 2023. However, sales rebounded to ₹82 Cr by December 2023, demonstrating some recovery. Despite this, the overall trend indicates challenges in maintaining consistent revenue growth, as evident from the trailing twelve-month sales of ₹284 Cr. The fluctuating sales figures suggest that Subex is navigating a competitive landscape where revenue stability remains elusive, especially compared to more established players in the sector.
Profitability and Efficiency Metrics
Subex’s profitability metrics reveal significant challenges, with a reported net profit of -₹31 Cr for the current year. Operating profit margins (OPM) have been volatile, recorded at -11% for the financial year ending March 2025, down from 11% in March 2022. The company faced a negative operating profit of ₹30 Cr in FY 2023, which has further deteriorated to -₹15 Cr in FY 2025. Return on equity (ROE) stands at a modest 11.3%, while return on capital employed (ROCE) is considerably lower at 6.44%. The interest coverage ratio is concerningly negative at -3.47x, indicating that the company is struggling to meet its interest obligations. The cash conversion cycle of 99 days suggests inefficiencies in managing working capital, which could further strain its profitability if not addressed.
Balance Sheet Strength and Financial Ratios
Subex’s balance sheet reflects a precarious financial position, with total borrowings of ₹19 Cr against reserves of ₹23 Cr, indicating a thin buffer for financial stability. The debt-to-equity ratio remains at 0, suggesting no reliance on external debt financing. However, the company’s current ratio is 2.12, showcasing a strong liquidity position, which is favorable compared to industry norms. The price-to-book value (P/BV) ratio is reported at 2.25x, which may suggest overvaluation in the context of its recent financial performance. The company has recorded a decline in total assets to ₹487 Cr as of March 2025, down from ₹719 Cr in March 2022. This reduction in asset base, coupled with a negative net profit margin of -11%, raises concerns about Subex’s ability to generate sustainable returns and its overall financial health.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Subex Ltd indicates a high public ownership of 97.95%, with foreign institutional investors (FIIs) holding 0.77% and domestic institutional investors (DIIs) at a minimal 0.01%. This distribution suggests a lack of institutional confidence, likely influenced by the company’s recent financial struggles and negative profitability. The total number of shareholders stood at 3,59,607, reflecting a broad base of retail investors. However, the declining trend in FII participation, which was at 1.74% in March 2025, raises concerns about the attractiveness of Subex as an investment. The diminishing institutional interest could be a signal of caution among larger investors regarding the company’s future performance in a competitive market.
Outlook, Risks, and Final Insight
If margins sustain improvement and operational efficiencies are realized, there may be potential for Subex to stabilize its financial performance. However, the ongoing risks include its heavy reliance on a volatile revenue stream and the inability to maintain positive operating profits. The negative interest coverage ratio further complicates the scenario, as it indicates challenges in meeting financial obligations. Additionally, the high public ownership without significant institutional backing may impact the stock’s volatility. Therefore, while there are opportunities for recovery, particularly if management can enhance operational efficiency and stabilize revenues, significant risks persist that could hinder the company’s growth trajectory in the near term.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Subex Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | 0.38/0.33 | 1.12 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 27.2 Cr. | 8.60 | 10.2/4.43 | 0.25 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 154 Cr. | 143 | 194/99.8 | 34.5 | 33.2 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 36.1 Cr. | 282 | 310/140 | 28.0 | 19.0 | 0.35 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 6.24 Cr. | 1.29 | 1.73/0.91 | 56.7 | 2.52 | 0.00 % | 2.14 % | 2.15 % | 2.00 |
| Industry Average | 18,942.33 Cr | 564.50 | 144.69 | 118.31 | 0.53% | 14.92% | 20.95% | 6.84 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 83 | 74 | 74 | 47 | 67 | 77 | 82 | 84 | 68 | 74 | 73 | 71 | 66 |
| Expenses | 83 | 74 | 69 | 84 | 82 | 81 | 81 | 81 | 74 | 72 | 70 | 84 | 62 |
| Operating Profit | 1 | 0 | 5 | -37 | -15 | -5 | 1 | 3 | -6 | 2 | 2 | -13 | 4 |
| OPM % | 1% | 0% | 7% | -78% | -22% | -6% | 1% | 4% | -9% | 3% | 3% | -18% | 6% |
| Other Income | 3 | 1 | 1 | 4 | 1 | 1 | 1 | -145 | 2 | 5 | 1 | 3 | 16 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 |
| Depreciation | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 |
| Profit before tax | 0 | -3 | 1 | -38 | -18 | -8 | -2 | -147 | -8 | 3 | -0 | -14 | 15 |
| Tax % | -1,079% | 49% | 452% | 26% | 7% | 36% | 105% | 7% | 34% | 79% | 916% | 25% | 13% |
| Net Profit | 6 | -5 | -5 | -47 | -19 | -11 | -5 | -157 | -11 | 1 | -3 | -18 | 13 |
| EPS in Rs | 0.10 | -0.09 | -0.08 | -0.84 | -0.34 | -0.20 | -0.09 | -2.78 | -0.20 | 0.01 | -0.06 | -0.31 | 0.23 |
Last Updated: August 20, 2025, 3:05 am
Below is a detailed analysis of the quarterly data for Subex Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 66.00 Cr.. The value appears to be declining and may need further review. It has decreased from 71.00 Cr. (Mar 2025) to 66.00 Cr., marking a decrease of 5.00 Cr..
- For Expenses, as of Jun 2025, the value is 62.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 84.00 Cr. (Mar 2025) to 62.00 Cr., marking a decrease of 22.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from -13.00 Cr. (Mar 2025) to 4.00 Cr., marking an increase of 17.00 Cr..
- For OPM %, as of Jun 2025, the value is 6.00%. The value appears strong and on an upward trend. It has increased from -18.00% (Mar 2025) to 6.00%, marking an increase of 24.00%.
- For Other Income, as of Jun 2025, the value is 16.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Mar 2025) to 16.00 Cr., marking an increase of 13.00 Cr..
- For Interest, as of Jun 2025, the value is 1.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Mar 2025) to 1.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Mar 2025) to 4.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 15.00 Cr.. The value appears strong and on an upward trend. It has increased from -14.00 Cr. (Mar 2025) to 15.00 Cr., marking an increase of 29.00 Cr..
- For Tax %, as of Jun 2025, the value is 13.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Mar 2025) to 13.00%, marking a decrease of 12.00%.
- For Net Profit, as of Jun 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from -18.00 Cr. (Mar 2025) to 13.00 Cr., marking an increase of 31.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.23. The value appears strong and on an upward trend. It has increased from -0.31 (Mar 2025) to 0.23, marking an increase of 0.54.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 7:02 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 340 | 360 | 322 | 357 | 324 | 348 | 365 | 372 | 333 | 279 | 310 | 286 | 284 |
| Expenses | 272 | 275 | 231 | 268 | 290 | 297 | 279 | 273 | 298 | 309 | 325 | 300 | 289 |
| Operating Profit | 68 | 85 | 91 | 89 | 34 | 51 | 86 | 99 | 36 | -30 | -16 | -15 | -5 |
| OPM % | 20% | 24% | 28% | 25% | 11% | 15% | 24% | 27% | 11% | -11% | -5% | -5% | -2% |
| Other Income | -0 | -4 | -87 | -97 | 13 | 3 | -303 | 8 | 10 | 8 | -141 | 11 | 25 |
| Interest | 67 | 61 | 62 | 20 | 8 | 2 | 6 | 4 | 3 | 3 | 3 | 2 | 3 |
| Depreciation | 2 | 4 | 4 | 5 | 5 | 5 | 15 | 14 | 10 | 14 | 16 | 14 | 14 |
| Profit before tax | -2 | 16 | -62 | -34 | 34 | 47 | -238 | 89 | 34 | -39 | -175 | -20 | 3 |
| Tax % | 416% | 36% | 21% | 29% | 40% | 46% | 13% | 42% | 38% | 31% | 10% | 59% | |
| Net Profit | -12 | 10 | -74 | -43 | 21 | 25 | -269 | 52 | 21 | -51 | -192 | -31 | -7 |
| EPS in Rs | -0.70 | 0.56 | -1.48 | -0.85 | 0.37 | 0.45 | -4.79 | 0.92 | 0.37 | -0.91 | -3.40 | -0.56 | -0.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 82% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 183.33% | -840.00% | 41.89% | 148.84% | 19.05% | -1176.00% | 119.33% | -59.62% | -342.86% | -276.47% | 83.85% |
| Change in YoY Net Profit Growth (%) | 0.00% | -1023.33% | 881.89% | 106.95% | -129.79% | -1195.05% | 1295.33% | -178.95% | -283.24% | 66.39% | 360.32% |
Subex Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -5% |
| 3 Years: | -5% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 5% |
| 3 Years: | -29% |
| 1 Year: | -56% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -3% |
| 3 Years: | -11% |
| Last Year: | -10% |
Last Updated: September 5, 2025, 1:36 pm
Balance Sheet
Last Updated: May 13, 2025, 2:39 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 167 | 183 | 503 | 507 | 562 | 562 | 562 | 281 | 281 | 281 | 281 | 281 |
| Reserves | 7 | 26 | 231 | 177 | 217 | 232 | -47 | 268 | 283 | 241 | 53 | 23 |
| Borrowings | 763 | 725 | 228 | 186 | 32 | 0 | 49 | 26 | 15 | 33 | 28 | 19 |
| Other Liabilities | 156 | 188 | 80 | 86 | 81 | 96 | 114 | 151 | 140 | 140 | 167 | 163 |
| Total Liabilities | 1,093 | 1,121 | 1,042 | 957 | 892 | 890 | 678 | 725 | 719 | 695 | 528 | 487 |
| Fixed Assets | 862 | 865 | 775 | 668 | 666 | 664 | 393 | 375 | 368 | 385 | 228 | 217 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 14 | 9 | 22 |
| Other Assets | 230 | 257 | 267 | 289 | 226 | 226 | 286 | 350 | 339 | 296 | 292 | 248 |
| Total Assets | 1,093 | 1,121 | 1,042 | 957 | 892 | 890 | 678 | 725 | 719 | 695 | 528 | 487 |
Below is a detailed analysis of the balance sheet data for Subex Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 281.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 281.00 Cr..
- For Reserves, as of Mar 2025, the value is 23.00 Cr.. The value appears to be declining and may need further review. It has decreased from 53.00 Cr. (Mar 2024) to 23.00 Cr., marking a decrease of 30.00 Cr..
- For Borrowings, as of Mar 2025, the value is 19.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 28.00 Cr. (Mar 2024) to 19.00 Cr., marking a decrease of 9.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 163.00 Cr.. The value appears to be improving (decreasing). It has decreased from 167.00 Cr. (Mar 2024) to 163.00 Cr., marking a decrease of 4.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 487.00 Cr.. The value appears to be improving (decreasing). It has decreased from 528.00 Cr. (Mar 2024) to 487.00 Cr., marking a decrease of 41.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 217.00 Cr.. The value appears to be declining and may need further review. It has decreased from 228.00 Cr. (Mar 2024) to 217.00 Cr., marking a decrease of 11.00 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Investments, as of Mar 2025, the value is 22.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Mar 2024) to 22.00 Cr., marking an increase of 13.00 Cr..
- For Other Assets, as of Mar 2025, the value is 248.00 Cr.. The value appears to be declining and may need further review. It has decreased from 292.00 Cr. (Mar 2024) to 248.00 Cr., marking a decrease of 44.00 Cr..
- For Total Assets, as of Mar 2025, the value is 487.00 Cr.. The value appears to be declining and may need further review. It has decreased from 528.00 Cr. (Mar 2024) to 487.00 Cr., marking a decrease of 41.00 Cr..
Notably, the Reserves (23.00 Cr.) exceed the Borrowings (19.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -695.00 | -640.00 | -137.00 | -97.00 | 2.00 | 51.00 | 37.00 | 73.00 | 21.00 | -63.00 | -44.00 | -34.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 108 | 110 | 126 | 121 | 105 | 90 | 92 | 98 | 106 | 118 | 120 | 99 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 108 | 110 | 126 | 121 | 105 | 90 | 92 | 98 | 106 | 118 | 120 | 99 |
| Working Capital Days | -119 | -69 | -128 | -96 | 51 | 60 | 62 | 69 | 110 | 71 | 47 | 45 |
| ROCE % | 7% | 9% | 7% | 10% | 4% | 6% | 13% | 16% | 6% | -6% | -5% | -6% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Microcap 250 Index Fund | 620,589 | 0.34 | 2.11 | 620,589 | 2025-04-22 15:56:53 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Basic EPS (Rs.) | -0.57 | -3.47 | -0.93 | 0.38 | 0.96 |
| Diluted EPS (Rs.) | -0.57 | -3.47 | -0.93 | 0.38 | 0.96 |
| Cash EPS (Rs.) | -0.30 | -3.13 | -0.66 | 0.54 | 1.17 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 5.42 | 5.93 | 9.29 | 10.03 | 9.76 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 5.42 | 5.93 | 9.29 | 10.03 | 9.76 |
| Revenue From Operations / Share (Rs.) | 5.08 | 5.51 | 4.96 | 5.93 | 6.62 |
| PBDIT / Share (Rs.) | -0.13 | -0.15 | -0.40 | 0.80 | 1.84 |
| PBIT / Share (Rs.) | -0.38 | -0.43 | -0.64 | 0.63 | 1.59 |
| PBT / Share (Rs.) | -0.35 | -3.12 | -0.69 | 0.59 | 1.59 |
| Net Profit / Share (Rs.) | -0.55 | -3.41 | -0.91 | 0.37 | 0.92 |
| NP After MI And SOA / Share (Rs.) | -0.55 | -3.41 | -0.91 | 0.37 | 0.92 |
| PBDIT Margin (%) | -2.69 | -2.88 | -8.06 | 13.64 | 27.75 |
| PBIT Margin (%) | -7.63 | -7.91 | -13.08 | 10.68 | 24.04 |
| PBT Margin (%) | -6.93 | -56.53 | -14.01 | 10.10 | 24.02 |
| Net Profit Margin (%) | -11.00 | -61.90 | -18.37 | 6.29 | 13.90 |
| NP After MI And SOA Margin (%) | -11.00 | -61.90 | -18.37 | 6.29 | 13.90 |
| Return on Networth / Equity (%) | -10.32 | -57.48 | -9.81 | 3.72 | 9.42 |
| Return on Capital Employeed (%) | -5.65 | -5.77 | -5.90 | 5.53 | 14.20 |
| Return On Assets (%) | -6.45 | -36.19 | -7.27 | 2.91 | 7.11 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Asset Turnover Ratio (%) | 0.56 | 0.50 | 0.39 | 0.10 | 0.08 |
| Current Ratio (X) | 2.12 | 2.39 | 3.05 | 3.90 | 3.22 |
| Quick Ratio (X) | 2.12 | 2.39 | 3.05 | 3.90 | 3.22 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 0.00 | 65.12 | 53.09 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 0.00 | 44.28 | 41.92 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 34.88 | 46.91 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 55.72 | 58.08 |
| Interest Coverage Ratio (X) | -3.47 | -3.40 | -8.72 | 23.46 | 34.88 |
| Interest Coverage Ratio (Post Tax) (X) | -15.06 | -15.65 | -18.85 | 11.82 | 17.50 |
| Enterprise Value (Cr.) | 607.26 | 1588.90 | 1485.24 | 1695.35 | 1857.02 |
| EV / Net Operating Revenue (X) | 2.13 | 5.13 | 5.33 | 5.08 | 4.99 |
| EV / EBITDA (X) | -78.86 | -177.93 | -66.04 | 37.25 | 17.99 |
| MarketCap / Net Operating Revenue (X) | 2.40 | 5.45 | 5.72 | 5.41 | 5.37 |
| Retention Ratios (%) | 0.00 | 0.00 | 0.00 | 34.87 | 46.90 |
| Price / BV (X) | 2.25 | 5.06 | 3.06 | 3.20 | 3.64 |
| Price / Net Operating Revenue (X) | 2.40 | 5.45 | 5.72 | 5.41 | 5.37 |
| EarningsYield | -0.04 | -0.11 | -0.03 | 0.01 | 0.02 |
After reviewing the key financial ratios for Subex Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
- For Basic EPS (Rs.), as of Mar 25, the value is -0.57. This value is below the healthy minimum of 5. It has increased from -3.47 (Mar 24) to -0.57, marking an increase of 2.90.
- For Diluted EPS (Rs.), as of Mar 25, the value is -0.57. This value is below the healthy minimum of 5. It has increased from -3.47 (Mar 24) to -0.57, marking an increase of 2.90.
- For Cash EPS (Rs.), as of Mar 25, the value is -0.30. This value is below the healthy minimum of 3. It has increased from -3.13 (Mar 24) to -0.30, marking an increase of 2.83.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 5.42. It has decreased from 5.93 (Mar 24) to 5.42, marking a decrease of 0.51.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 5.42. It has decreased from 5.93 (Mar 24) to 5.42, marking a decrease of 0.51.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 5.08. It has decreased from 5.51 (Mar 24) to 5.08, marking a decrease of 0.43.
- For PBDIT / Share (Rs.), as of Mar 25, the value is -0.13. This value is below the healthy minimum of 2. It has increased from -0.15 (Mar 24) to -0.13, marking an increase of 0.02.
- For PBIT / Share (Rs.), as of Mar 25, the value is -0.38. This value is below the healthy minimum of 0. It has increased from -0.43 (Mar 24) to -0.38, marking an increase of 0.05.
- For PBT / Share (Rs.), as of Mar 25, the value is -0.35. This value is below the healthy minimum of 0. It has increased from -3.12 (Mar 24) to -0.35, marking an increase of 2.77.
- For Net Profit / Share (Rs.), as of Mar 25, the value is -0.55. This value is below the healthy minimum of 2. It has increased from -3.41 (Mar 24) to -0.55, marking an increase of 2.86.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is -0.55. This value is below the healthy minimum of 2. It has increased from -3.41 (Mar 24) to -0.55, marking an increase of 2.86.
- For PBDIT Margin (%), as of Mar 25, the value is -2.69. This value is below the healthy minimum of 10. It has increased from -2.88 (Mar 24) to -2.69, marking an increase of 0.19.
- For PBIT Margin (%), as of Mar 25, the value is -7.63. This value is below the healthy minimum of 10. It has increased from -7.91 (Mar 24) to -7.63, marking an increase of 0.28.
- For PBT Margin (%), as of Mar 25, the value is -6.93. This value is below the healthy minimum of 10. It has increased from -56.53 (Mar 24) to -6.93, marking an increase of 49.60.
- For Net Profit Margin (%), as of Mar 25, the value is -11.00. This value is below the healthy minimum of 5. It has increased from -61.90 (Mar 24) to -11.00, marking an increase of 50.90.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is -11.00. This value is below the healthy minimum of 8. It has increased from -61.90 (Mar 24) to -11.00, marking an increase of 50.90.
- For Return on Networth / Equity (%), as of Mar 25, the value is -10.32. This value is below the healthy minimum of 15. It has increased from -57.48 (Mar 24) to -10.32, marking an increase of 47.16.
- For Return on Capital Employeed (%), as of Mar 25, the value is -5.65. This value is below the healthy minimum of 10. It has increased from -5.77 (Mar 24) to -5.65, marking an increase of 0.12.
- For Return On Assets (%), as of Mar 25, the value is -6.45. This value is below the healthy minimum of 5. It has increased from -36.19 (Mar 24) to -6.45, marking an increase of 29.74.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.56. It has increased from 0.50 (Mar 24) to 0.56, marking an increase of 0.06.
- For Current Ratio (X), as of Mar 25, the value is 2.12. This value is within the healthy range. It has decreased from 2.39 (Mar 24) to 2.12, marking a decrease of 0.27.
- For Quick Ratio (X), as of Mar 25, the value is 2.12. This value exceeds the healthy maximum of 2. It has decreased from 2.39 (Mar 24) to 2.12, marking a decrease of 0.27.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 25, the value is -3.47. This value is below the healthy minimum of 3. It has decreased from -3.40 (Mar 24) to -3.47, marking a decrease of 0.07.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -15.06. This value is below the healthy minimum of 3. It has increased from -15.65 (Mar 24) to -15.06, marking an increase of 0.59.
- For Enterprise Value (Cr.), as of Mar 25, the value is 607.26. It has decreased from 1,588.90 (Mar 24) to 607.26, marking a decrease of 981.64.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.13. This value is within the healthy range. It has decreased from 5.13 (Mar 24) to 2.13, marking a decrease of 3.00.
- For EV / EBITDA (X), as of Mar 25, the value is -78.86. This value is below the healthy minimum of 5. It has increased from -177.93 (Mar 24) to -78.86, marking an increase of 99.07.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.40. This value is within the healthy range. It has decreased from 5.45 (Mar 24) to 2.40, marking a decrease of 3.05.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Price / BV (X), as of Mar 25, the value is 2.25. This value is within the healthy range. It has decreased from 5.06 (Mar 24) to 2.25, marking a decrease of 2.81.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.40. This value is within the healthy range. It has decreased from 5.45 (Mar 24) to 2.40, marking a decrease of 3.05.
- For EarningsYield, as of Mar 25, the value is -0.04. This value is below the healthy minimum of 5. It has increased from -0.11 (Mar 24) to -0.04, marking an increase of 0.07.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Subex Ltd:
- Net Profit Margin: -11%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -5.65% (Industry Average ROCE: 14.92%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -10.32% (Industry Average ROE: 20.95%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -15.06
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.12
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 144.69)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -11%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | Pritech Park-SEZ, Block-9, 4th floor, B Wing, Survey No. 51-64/4, Bengaluru Karnataka 560103 | investorrelations@subex.com http://www.subex.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Anil Singhvi | Chairman, Non Ind & Non Exe Director |
| Ms. Nisha Dutt | Managing Director & CEO |
| Ms. Poornima Prabhu | Independent Director |
| Mrs. Archana Muthappa | Independent Director |
| Mr. Rupinder Goel | Independent Director |
| Mr. Murali Kalyanaraman | Independent Director |
FAQ
What is the intrinsic value of Subex Ltd?
Subex Ltd's intrinsic value (as of 25 October 2025) is 7.47 which is 43.41% lower the current market price of 13.20, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 747 Cr. market cap, FY2025-2026 high/low of 27.7/10.6, reserves of ₹23 Cr, and liabilities of 487 Cr.
What is the Market Cap of Subex Ltd?
The Market Cap of Subex Ltd is 747 Cr..
What is the current Stock Price of Subex Ltd as on 25 October 2025?
The current stock price of Subex Ltd as on 25 October 2025 is 13.2.
What is the High / Low of Subex Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Subex Ltd stocks is 27.7/10.6.
What is the Stock P/E of Subex Ltd?
The Stock P/E of Subex Ltd is .
What is the Book Value of Subex Ltd?
The Book Value of Subex Ltd is 5.40.
What is the Dividend Yield of Subex Ltd?
The Dividend Yield of Subex Ltd is 0.00 %.
What is the ROCE of Subex Ltd?
The ROCE of Subex Ltd is 6.44 %.
What is the ROE of Subex Ltd?
The ROE of Subex Ltd is 11.3 %.
What is the Face Value of Subex Ltd?
The Face Value of Subex Ltd is 5.00.