Flash Finance

Subex LimitedSUBEXLTDCorporate

Computers - Software - Medium / Small Latest results: Jun 2026 14 quarters of data
Consolidated Standalone
₹19.00
MCap ₹1,054 Cr · P/E 35.2
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹79 Cr
Sales · Jun 2026
+19.7% YoY
₹15 Cr
Operating Profit · Jun 2026
+281.7% YoY
18.9%
OPM % · Jun 2026
+220.3% YoY
₹14 Cr
Net Profit · Jun 2026
+11.0% YoY
₹0.26
EPS · Jun 2026
+13.0% YoY

📝 Subex Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Subex Limited reported revenue of ₹79 crore for the quarter ended June 2026 (Q1 FY27), up 19.7% from ₹66 crore in the same quarter last year, and up 8.9% sequentially over the March 2026 quarter.

Net profit rose 11.0% year-on-year to ₹14 crore, from ₹13 crore. Earnings per share (EPS) came in at ₹0.26.

Operating profit stood at ₹15 crore — an operating margin (OPM) of 18.9%, compared with 5.9% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Subex Limited posted revenue of ₹279 crore, a decline of 2.3% over FY25, with a net profit of ₹29 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹292 crore with a net profit of ₹30 crore.

Valuation snapshot

At the current price of ₹19.00, SUBEXLTD has a market capitalisation of ₹1,054 crore and a trailing P/E of about 35.2.

Within the Computers - Software - Medium / Small industry, it is the 25th-largest of the 126 companies we track by market value.

Shareholding pattern

As of Mar 2026, foreign institutional investors (FIIs) 1.10%, domestic institutional investors (DIIs) 0.01%, public shareholders 97.62% of Subex Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,054 Cr
Current Price ?
₹19.0
P/E ?
35.21above ind
Industry P/E ?
18.20
P/B ?
3.07
P/S ?
3.61
P/FCF ?
15.50
Enterprise Value ?
₹1,082 Cr
EV/EBITDA ?
27.41
PEG ?
0.93
Earnings Yield ?
2.7%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹292 Cr
OPM ?
13.5%
Profit after tax (TTM) ?
₹30 Cr
EPS (TTM) ?
₹0.54
ROCE ?
13.0%
ROE ?
8.7%
ROA ?
5.4%
Growth
Sales — latest qtr ?
₹79 Cr
PAT — latest qtr ?
₹14 Cr
YoY qtr sales growth ?
19.7%
YoY qtr profit growth ?
11.0%
Sales growth (3y) ?
0%
Sales growth (5y) ?
-6%
Profit growth (3y) ?
38%
Profit growth (5y) ?
-8%
Financial Health
Debt ?
₹28 Cr
Debt to Equity ?
0.08
Interest Coverage ?
5.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
N/A
Change in promoter holding ?
N/A
Pledged percentage ?
N/A
Market
Return 3 months ?
43.2%
Return 6 months ?
95.3%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 4767718284687473716669717379 +19.7% +8.9%
Operating Profit -37-15513-622-13469915 +281.7% +63.8%
Other Income 4161-1452113162-075 -70.3% -36.2%
Interest 11011111011111 -36.4% -21.3%
Depreciation 44544443343233 -35.6% -10.7%
Profit Before Tax -38-185-2-147-83-0-1415461316 +11.9% +28.6%
Net Profit -47-193-5-157-111-3-1813331014 +11.0% +43.2%
EPS -0.84-0.340.05-0.09-2.78-0.200.01-0.06-0.320.230.050.050.180.26 +13.0% +44.4%
OPM % -77.8% -21.9% 6.6% 0.7% 3.7% -8.9% 2.5% 3.4% -18.4% 5.9% 9.1% 12.8% 12.6% 18.9% +220.3% +50.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹286 Cr ₹279 Cr ₹292 Cr -2.3%
Operating Profit ₹-15 Cr ₹28 Cr ₹39 Cr +293.9%
OPM % -5.13% 10.18% 13.52% +298.4%
NPM % -11.01% 10.22% 10.25% +192.8%
Other Income ₹7 Cr ₹24 Cr ₹13 Cr +251.5%
Depreciation ₹14 Cr ₹12 Cr ₹11 Cr -14.4%
Interest ₹2 Cr ₹3 Cr ₹3 Cr +47.3%
EBIT ₹-29 Cr ₹16 Cr ₹29 Cr +156.8%
PBT ₹-20 Cr ₹37 Cr ₹39 Cr +289.2%
Tax ₹6 Cr ₹1 Cr ₹4 Cr -76.8%
Net Profit ₹-31 Cr ₹29 Cr ₹30 Cr +190.7%
EPS ₹-0.57 ₹0.51 ₹0.54 +189.5%
Material Cost — — — —
Employee Cost ₹91 Cr ₹42 Cr ₹83 Cr -53.3%
Extraordinary Items ₹4 Cr — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 281281281281 +0.0%
Reserves 241532362 +169.6%
Borrowings 33281928 +47.4%
Other Liabilities 140167163181 +11.0%
Total Liabilities 695528487552 +13.3%
Fixed Assets 385228217228 +5.1%
CWIP 0000 —
Investments 1492232 +45.5%
Other Assets 296292248292 +17.7%
Total Assets 695528487552 +13.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 9-81072 +620.0%
Cash from Investing Activity -3634-15-33 -120.0%
Cash from Financing Activity -7-9-12-9 +25.0%
Net Cash Flow -3317-1730 +276.5%
Free Cash Flow 4-11768 +871.4%
CFO/OP -48%-36%-126%148% +217.5%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 11812099122 +23.2%
Cash Conversion Cycle 11812099122 +23.2%
Working Capital Days 714425103 +312.0%
ROCE % -6%-5%-6%13% +316.7%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
FIIs 0.77%0.77%0.93%1.10% +18.3%
DIIs 0.01%0.01%0.01%0.01% +0.0%
Public 97.95%97.94%97.80%97.62% -0.2%
Others 1.27%1.27%1.27%1.27% +0.0%
No. of Shareholders 3,59,6073,52,5413,45,8633,38,483 -2.1%

⚖️ Peer comparison

Industry: Computers - Software - Medium / Small · top 25 of 126 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 BBOX Black Box ₹795.75 14,132 63.0 6,323 218 8.7% 3.5% 6.0% 6.7% 9.5% 7.5%
2 E2E E2E Networks ₹590.40 12,130 103.4 546 117 70.9% 21.5% 49.8% -132.8% 410.9% 640.2%
3 CYIENT Cyient ₹1,054.50 10,978 30.3 7,632 414 12.3% 5.4% -1.3% -28.6% 21.3% -30.9%
4 RATEGAIN Rategain Travel ₹837.10 9,913 40.8 2,336 242 19.7% 10.4% 69.4% -6.9% 187.6% 102.2%
5 BLS BLS International ₹226.74 9,331 13.2 3,179 745 27.3% 23.4% 36.7% 34.1% 25.3% 11.4%
6 INTELLECT Intellect Design ₹652.10 9,098 25.6 3,181 351 19.0% 11.0% 21.5% 2.7% 20.4% 8.7%
7 BSOFT BIRLASOFT ₹281.25 7,865 13.7 5,405 573 20.0% 10.6% -1.2% 0.2% 7.4% 51.9%
8 NEWGEN Newgen Software ₹478.45 6,763 21.6 1,611 314 25.8% 19.5% 5.9% -4.6% 11.3% 26.7%
9 SONATSOFTW Sonata Software ₹241.15 6,675 14.6 10,701 463 7.6% 4.3% 5.4% 8.9% -3.1% 20.4%
10 TANLA Tanla Platforms ₹499.70 6,599 12.4 4,603 533 16.5% 11.6% 9.7% 0.4% 17.8% 20.1%
11 LATENTVIEW Latent View ₹255.60 5,293 27.0 1,111 199 21.8% 17.9% 25.0% 16.8% 21.6% -7.6%
12 EMUDHRA eMudhra ₹642.30 5,270 46.0 745 117 23.3% 15.7% 35.1% 27.9% 29.5% 27.9%
13 KODYTECH Kody Technolab ₹3,550.00 5,074 223.8 84 22 32.7% 26.5% — — 59.9% 104.9%
14 MAPMYINDIA C.E. Info ₹900.00 4,928 35.8 492 139 35.6% 28.2% 2.2% -9.1% 14.9% 10.0%
15 MASTEK Mastek ₹1,589.50 4,928 11.8 3,769 417 15.9% 11.1% 7.0% 7.0% 7.7% 15.0%
16 HAPPSTMNDS Happiest Minds ₹318.35 4,784 21.6 2,394 223 16.9% 9.3% 12.3% 14.9% 14.3% 18.3%
17 MPSLTD MPS ₹2,654.90 4,507 24.0 806 188 32.0% 23.3% 5.7% 16.0% 20.4% 44.0%
18 DATAMATICS Datamatics Global ₹755.55 4,466 20.7 2,033 217 19.5% 10.7% 15.3% -5.1% 9.9% 43.7%
19 63MOONS 63 moons ₹905.10 4,171 — 212 -37 -136.8% -17.3% 122.3% 28.5% 2028.8% 1666.0%
20 MOSCHIP Moschip Technologies ₹200.33 3,906 230.5 501 17 7.7% 3.3% 29.3% -10.2% -14.1% -98.0%
21 AURIONPRO Aurionpro Solutions ₹711.10 3,826 19.2 1,433 206 19.2% 14.4% 20.4% 11.6% 6.3% -11.7%
22 NPST Network People ₹1,678.20 3,501 78.3 218 45 25.2% 20.6% 12.8% -7.9% 66.6% 52.9%
23 CIGNITITEC Cigniti Technologies ₹1,260.10 3,471 11.5 2,211 302 17.1% 13.7% -16.5% 14.3% 12.2% 26.3%
24 RSYSTEMS R Systems ₹254.70 3,018 15.6 2,230 193 16.9% 8.6% 18.3% 49.3% 30.2% -26.7%
25 SUBEXLTD Subex ₹19.22 1,066 35.6 292 30 13.5% 10.2% -2.3% 190.7% 19.7% 11.0%
❓ Frequently asked questions
What was Subex Limited's revenue in Q1 FY27?
Subex Limited reported revenue of ₹79 crore for the quarter ended June 2026 (Q1 FY27), up 19.7% from ₹66 crore in the same quarter last year, and up 8.9% sequentially over the March 2026 quarter.
What was Subex Limited's net profit in Q1 FY27?
Net profit rose 11.0% year-on-year to ₹14 crore, from ₹13 crore. Earnings per share (EPS) came in at ₹0.26.
What is SUBEXLTD's market capitalisation and P/E ratio?
At the current price of ₹19.00, SUBEXLTD has a market capitalisation of ₹1,054 crore and a trailing P/E of about 35.2.
Who owns Subex Limited? (shareholding pattern)
As of Mar 2026, foreign institutional investors (FIIs) 1.10%, domestic institutional investors (DIIs) 0.01%, public shareholders 97.62% of Subex Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI