Share Price and Basic Stock Data
Last Updated: January 23, 2026, 9:27 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Subex Ltd operates in the IT Consulting and Software industry, with its current share price standing at ₹9.63 and a market capitalization of ₹542 Cr. The company has experienced fluctuating revenue trends over recent quarters. Sales recorded in September 2022 were ₹74.50 Cr, which declined to ₹47.27 Cr by March 2023. However, a recovery was noted with sales rising to ₹76.81 Cr in September 2023 and further to ₹81.82 Cr in December 2023. The trailing twelve months (TTM) sales stood at ₹279 Cr, reflecting a decrease from ₹333 Cr in March 2022. This decline highlights a challenging revenue environment, underscoring the need for strategic initiatives to enhance income generation. The company’s operating profit margins (OPM) have fluctuated significantly, with a negative OPM of -77.77% in March 2023, improving to -5.95% by September 2023. The revenue trajectory illustrates potential volatility, which may impact investor sentiment and market positioning.
Profitability and Efficiency Metrics
Subex Ltd’s profitability metrics reveal significant challenges, as evidenced by the reported net profit of -₹5 Cr. The company’s operating profit has fluctuated drastically, from a profit of ₹5.09 Cr in December 2022 to a loss of -₹36.76 Cr by March 2023. The operating profit margin (OPM) stood at 9.11% in September 2025, indicating a recovery from prior negative margins. However, the overall net profit margin remains negative, with -11.00% reported for March 2025. Efficiency ratios are concerning, with a return on equity (ROE) of 11.3% and a return on capital employed (ROCE) of 6.44%, both of which are relatively low compared to industry standards. Furthermore, the interest coverage ratio (ICR) is notably weak at -3.47x, suggesting difficulties in meeting interest obligations from operational earnings. These profitability and efficiency metrics indicate the necessity for improved cost management and operational efficiency to restore investor confidence.
Balance Sheet Strength and Financial Ratios
Subex Ltd’s balance sheet presents a mixed picture, with total borrowings amounting to ₹30 Cr against reserves of ₹42 Cr. The company reported a current ratio of 2.12, indicating a healthy liquidity position, as it can comfortably cover its short-term liabilities. However, the debt-to-equity ratio remains at 0.00, suggesting that the company has minimal reliance on debt financing, which can be a double-edged sword in terms of leveraging growth opportunities. The price-to-book value (P/BV) ratio stands at 2.25x, reflecting a premium over its book value, which is ₹5.42 per share as of March 2025. The asset turnover ratio at 0.56% suggests that the company is generating moderate sales relative to its assets. Overall, while liquidity appears strong, the low ROCE and reliance on equity financing may hinder aggressive growth strategies, necessitating a careful evaluation of capital allocation and investment strategies.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Subex Ltd indicates a predominantly public ownership structure, with 97.94% of shares held by the public as of September 2025. Foreign institutional investors (FIIs) hold a modest 0.77%, while domestic institutional investors (DIIs) account for just 0.01%, reflecting low institutional interest. Over recent quarters, FII ownership has gradually increased from 0.81% in December 2022 to 1.74% by March 2025, indicating a slight uptick in confidence among foreign investors. However, the lack of significant institutional backing may limit the stock’s potential for upward momentum. The number of shareholders has decreased to 3,52,541, suggesting a potential consolidation of shares, which could indicate investor sentiment towards the stock is waning amidst ongoing performance challenges. This shareholder structure could impact liquidity and market perception, requiring the company to enhance its investor relations and performance to attract more institutional investment.
Outlook, Risks, and Final Insight
The outlook for Subex Ltd hinges on its ability to stabilize revenue and improve profitability metrics. The reported sales recovery in the latter half of 2023 is a positive sign, yet the company must navigate significant risks, including operational inefficiencies and negative net profit margins. Key strengths include its strong liquidity position and minimal debt levels, which provide some buffer against financial distress. However, ongoing volatility in operating profits and low institutional interest may pose challenges to share price recovery. The management’s strategic focus on operational efficiency and cost control will be crucial in addressing these risks. If Subex Ltd can leverage its liquidity to drive growth initiatives, it may enhance investor confidence and improve market positioning. Conversely, failure to effectively manage operational challenges could further erode profitability and shareholder value, necessitating a vigilant approach to strategic planning and execution.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| 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 | / | 1.11 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 59.0 Cr. | 18.7 | 21.0/4.43 | 0.20 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 133 Cr. | 123 | 194/99.8 | 20.3 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 47.3 Cr. | 370 | 375/140 | 29.6 | 26.7 | 0.27 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 6.41 Cr. | 1.19 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Industry Average | 20,190.46 Cr | 526.46 | 78.59 | 123.68 | 0.60% | 14.88% | 20.92% | 6.84 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 74.50 | 73.66 | 47.27 | 67.29 | 76.81 | 81.82 | 83.80 | 68.16 | 74.16 | 72.69 | 70.60 | 66.40 | 68.91 |
| Expenses | 74.19 | 68.57 | 84.03 | 82.03 | 81.38 | 81.24 | 80.72 | 74.20 | 72.27 | 70.19 | 83.60 | 62.47 | 62.63 |
| Operating Profit | 0.31 | 5.09 | -36.76 | -14.74 | -4.57 | 0.58 | 3.08 | -6.04 | 1.89 | 2.50 | -13.00 | 3.93 | 6.28 |
| OPM % | 0.42% | 6.91% | -77.77% | -21.91% | -5.95% | 0.71% | 3.68% | -8.86% | 2.55% | 3.44% | -18.41% | 5.92% | 9.11% |
| Other Income | 0.98 | 0.81 | 3.72 | 1.35 | 1.28 | 1.41 | -145.26 | 1.92 | 5.42 | 1.07 | 2.76 | 15.81 | 1.52 |
| Interest | 0.82 | 0.76 | 0.72 | 0.70 | 0.66 | 0.63 | 0.64 | 0.59 | 0.59 | 0.54 | 0.50 | 0.99 | 0.82 |
| Depreciation | 3.75 | 3.81 | 3.82 | 3.87 | 4.20 | 3.75 | 3.78 | 3.66 | 3.73 | 3.35 | 3.38 | 4.04 | 2.76 |
| Profit before tax | -3.28 | 1.33 | -37.58 | -17.96 | -8.15 | -2.39 | -146.60 | -8.37 | 2.99 | -0.32 | -14.12 | 14.71 | 4.22 |
| Tax % | 49.39% | 451.88% | 25.55% | 7.35% | 35.58% | 104.60% | 6.76% | 33.93% | 79.26% | 915.62% | 24.65% | 12.92% | 32.23% |
| Net Profit | -4.90 | -4.68 | -47.18 | -19.28 | -11.05 | -4.89 | -156.51 | -11.21 | 0.62 | -3.25 | -17.60 | 12.81 | 2.86 |
| EPS in Rs | -0.09 | -0.08 | -0.84 | -0.34 | -0.20 | -0.09 | -2.78 | -0.20 | 0.01 | -0.06 | -0.31 | 0.23 | 0.05 |
Last Updated: December 29, 2025, 12:40 am
Below is a detailed analysis of the quarterly data for Subex Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 68.91 Cr.. The value appears strong and on an upward trend. It has increased from 66.40 Cr. (Jun 2025) to 68.91 Cr., marking an increase of 2.51 Cr..
- For Expenses, as of Sep 2025, the value is 62.63 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 62.47 Cr. (Jun 2025) to 62.63 Cr., marking an increase of 0.16 Cr..
- For Operating Profit, as of Sep 2025, the value is 6.28 Cr.. The value appears strong and on an upward trend. It has increased from 3.93 Cr. (Jun 2025) to 6.28 Cr., marking an increase of 2.35 Cr..
- For OPM %, as of Sep 2025, the value is 9.11%. The value appears strong and on an upward trend. It has increased from 5.92% (Jun 2025) to 9.11%, marking an increase of 3.19%.
- For Other Income, as of Sep 2025, the value is 1.52 Cr.. The value appears to be declining and may need further review. It has decreased from 15.81 Cr. (Jun 2025) to 1.52 Cr., marking a decrease of 14.29 Cr..
- For Interest, as of Sep 2025, the value is 0.82 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.99 Cr. (Jun 2025) to 0.82 Cr., marking a decrease of 0.17 Cr..
- For Depreciation, as of Sep 2025, the value is 2.76 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.04 Cr. (Jun 2025) to 2.76 Cr., marking a decrease of 1.28 Cr..
- For Profit before tax, as of Sep 2025, the value is 4.22 Cr.. The value appears to be declining and may need further review. It has decreased from 14.71 Cr. (Jun 2025) to 4.22 Cr., marking a decrease of 10.49 Cr..
- For Tax %, as of Sep 2025, the value is 32.23%. The value appears to be increasing, which may not be favorable. It has increased from 12.92% (Jun 2025) to 32.23%, marking an increase of 19.31%.
- For Net Profit, as of Sep 2025, the value is 2.86 Cr.. The value appears to be declining and may need further review. It has decreased from 12.81 Cr. (Jun 2025) to 2.86 Cr., marking a decrease of 9.95 Cr..
- For EPS in Rs, as of Sep 2025, the value is 0.05. The value appears to be declining and may need further review. It has decreased from 0.23 (Jun 2025) to 0.05, marking a decrease of 0.18.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:35 am
| 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 | 279 |
| Expenses | 272 | 275 | 231 | 268 | 290 | 297 | 279 | 273 | 298 | 309 | 325 | 300 | 279 |
| Operating Profit | 68 | 85 | 91 | 89 | 34 | 51 | 86 | 99 | 36 | -30 | -16 | -15 | -0 |
| OPM % | 20% | 24% | 28% | 25% | 11% | 15% | 24% | 27% | 11% | -11% | -5% | -5% | -0% |
| Other Income | -0 | -4 | -87 | -97 | 13 | 3 | -303 | 8 | 10 | 8 | -141 | 11 | 21 |
| 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 | 4 |
| 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 | -5 |
| 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 | -0.09 |
| 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: December 4, 2025, 2:02 am
| 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 167 | 183 | 503 | 507 | 562 | 562 | 562 | 281 | 281 | 281 | 281 | 281 | 281 |
| Reserves | 7 | 26 | 231 | 177 | 217 | 232 | -47 | 268 | 283 | 241 | 53 | 23 | 42 |
| Borrowings | 763 | 725 | 228 | 186 | 32 | 0 | 49 | 26 | 15 | 33 | 28 | 19 | 30 |
| Other Liabilities | 156 | 188 | 80 | 86 | 81 | 96 | 114 | 151 | 140 | 140 | 167 | 163 | 165 |
| Total Liabilities | 1,093 | 1,121 | 1,042 | 957 | 892 | 890 | 678 | 725 | 719 | 695 | 528 | 487 | 517 |
| Fixed Assets | 862 | 865 | 775 | 668 | 666 | 664 | 393 | 375 | 368 | 385 | 228 | 217 | 231 |
| CWIP | 0 | 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 | 9 |
| Other Assets | 230 | 257 | 267 | 289 | 226 | 226 | 286 | 350 | 339 | 296 | 292 | 248 | 278 |
| Total Assets | 1,093 | 1,121 | 1,042 | 957 | 892 | 890 | 678 | 725 | 719 | 695 | 528 | 487 | 517 |
Below is a detailed analysis of the balance sheet data for Subex Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 281.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 281.00 Cr..
- For Reserves, as of Sep 2025, the value is 42.00 Cr.. The value appears strong and on an upward trend. It has increased from 23.00 Cr. (Mar 2025) to 42.00 Cr., marking an increase of 19.00 Cr..
- For Borrowings, as of Sep 2025, the value is 30.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 19.00 Cr. (Mar 2025) to 30.00 Cr., marking an increase of 11.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 165.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 163.00 Cr. (Mar 2025) to 165.00 Cr., marking an increase of 2.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 517.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 487.00 Cr. (Mar 2025) to 517.00 Cr., marking an increase of 30.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 231.00 Cr.. The value appears strong and on an upward trend. It has increased from 217.00 Cr. (Mar 2025) to 231.00 Cr., marking an increase of 14.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22.00 Cr. (Mar 2025) to 9.00 Cr., marking a decrease of 13.00 Cr..
- For Other Assets, as of Sep 2025, the value is 278.00 Cr.. The value appears strong and on an upward trend. It has increased from 248.00 Cr. (Mar 2025) to 278.00 Cr., marking an increase of 30.00 Cr..
- For Total Assets, as of Sep 2025, the value is 517.00 Cr.. The value appears strong and on an upward trend. It has increased from 487.00 Cr. (Mar 2025) to 517.00 Cr., marking an increase of 30.00 Cr..
Notably, the Reserves (42.00 Cr.) exceed the Borrowings (30.00 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: 14.88%)
- 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: 20.92%)
- 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: 78.59)
- 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 | Contact not found |
| 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 23 January 2026) is ₹7.35 which is 20.37% lower the current market price of ₹9.23, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹520 Cr. market cap, FY2025-2026 high/low of ₹20.3/9.11, reserves of ₹42 Cr, and liabilities of ₹517 Cr.
What is the Market Cap of Subex Ltd?
The Market Cap of Subex Ltd is 520 Cr..
What is the current Stock Price of Subex Ltd as on 23 January 2026?
The current stock price of Subex Ltd as on 23 January 2026 is ₹9.23.
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 ₹20.3/9.11.
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 5.73.
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.