Nifty

:

23719.30

Sensex

:

75415.35

64.60 (0.27%)
231.99 (0.31%)

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Nifty
Sensex

:
:

23719.30
75415.35

64.60 (0.27%)
231.99 (0.31%)

Subex Ltd.

IT - Software

Rating :

35/99

BSE: 532348 | NSE: SUBEXLTD

Watchlist

NSE BSE

11.05

22-May-2026

Open
High
Low
Previous Close

11.03
11.22
10.75
10.72

Volume
Traded Value (lacs)
52 Week High
52 Week Low

1563735
17323903.48
17.19
6.61

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

622.70
21.16
5

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

522.07
N/A
1.76

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-1.21
-5.15
0.82

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
18.89
-14.57

PAT CAGR (%)

10 Years
5 Years
3 Years

-8.24
-
-15.01

P:E (Median)

8 Years
5 Years
3 Years

-
-
-

P:BV (Average)

8 Years
5 Years
3 Years

2.68
3.60
3.28

EV:EBITDA (Average)

8 Years
5 Years
3 Years

156.68
243.16
369.33

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var%
Net Sales 64.56 66.27 -2.58% 65.44 69.08 -5.27% 63.51 68.48 -7.26% 62.56 64.98 -3.72%
Expenses 36.97 83.49 -55.72% 64.13 72.71 -11.80% 63.96 73.38 -12.84% 65.78 76.83 -14.38%
EBITDA 27.59 -17.22 - 1.31 -3.63 - -0.45 -4.90 - -3.22 -11.85 -
EBIDTM 42.74% -25.98% 2.00% -5.25% -0.71% -7.16% -5.15% -18.24%
Other Income 11.53 0.58 1,887.93% 3.42 0.37 824.32% 1.06 0.34 211.76% 15.41 0.90 1,612.22%
Interest 0.74 0.43 72.09% 0.63 0.47 34.04% 0.67 0.50 34.00% 0.92 0.54 70.37%
Depreciation 2.78 3.14 -11.46% 2.53 3.17 -20.19% 2.58 3.20 -19.38% 3.69 3.15 17.14%
PBT 6.93 -20.21 - -2.71 -6.90 - -2.64 -4.04 - 7.58 -14.64 -
Tax 0.89 1.71 -47.95% 0.67 0.44 52.27% 0.72 0.54 33.33% 0.71 1.30 -45.38%
PAT 6.04 -21.92 - -3.38 -7.34 - -3.36 -4.58 - 6.87 -15.94 -
PATM 9.36% -33.08% -5.17% -10.63% -5.29% -6.69% 10.98% -24.53%
EPS 0.11 -0.39 - -0.06 -0.13 - -0.06 -0.08 - 0.12 -0.28 -

Description Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var%
Net Sales 72.96 70.60 3.34% 70.79 72.69 -2.61% 68.91 74.16 -7.08% 66.40 68.16 -2.58%
Expenses 63.80 83.60 -23.68% 61.75 70.19 -12.02% 62.63 72.27 -13.34% 62.47 74.20 -15.81%
EBITDA 9.16 -13.00 - 9.04 2.50 261.60% 6.28 1.89 232.28% 3.93 -6.04 -
EBIDTM 12.55% -18.41% 12.77% 3.44% 9.11% 2.55% 5.92% -8.86%
Other Income 7.51 2.76 172.10% 4.25 1.07 297.20% 1.52 1.20 26.67% 15.81 1.92 723.44%
Interest 0.80 0.50 60.00% 0.66 0.54 22.22% 0.82 0.59 38.98% 0.99 0.59 67.80%
Depreciation 2.91 3.38 -13.91% 2.37 3.35 -29.25% 2.76 3.73 -26.01% 4.04 3.66 10.38%
PBT 12.80 -14.12 - 5.76 -0.32 - 4.22 2.99 41.14% 14.71 -8.37 -
Tax 2.87 3.48 -17.53% 2.83 2.93 -3.41% 1.36 2.37 -42.62% 1.90 2.84 -33.10%
PAT 9.93 -17.60 - 2.93 -3.25 - 2.86 0.62 361.29% 12.81 -11.21 -
PATM 13.61% -24.93% 4.14% -4.47% 4.15% 0.84% 19.29% -16.45%
EPS 0.18 -0.31 - 0.05 -0.06 - 0.05 0.01 400.00% 0.23 -0.20 -

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 256.07 268.81 269.01 273.52 68.36 29.16 10.79 19.16 179.93 324.41 295.82 Net Sales Growth -4.74% -0.07% -1.65% 300.12% 134.43% 170.25% -43.68% -89.35% -44.54% 9.66% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.31 Gross Profit 256.07 268.81 269.01 273.52 68.36 29.16 10.79 19.16 179.93 324.41 294.51 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 99.56% Total Expenditure 230.84 306.41 304.69 338.76 86.06 44.99 37.08 39.17 178.26 277.54 250.03 Power & Fuel Cost - 1.37 1.57 1.31 0.03 0.08 0.15 0.16 1.24 1.85 1.90 % Of Sales - 0.51% 0.58% 0.48% 0.04% 0.27% 1.39% 0.84% 0.69% 0.57% 0.64% Employee Cost - 112.98 117.84 121.91 42.93 13.61 6.16 7.39 62.48 85.37 78.75 % Of Sales - 42.03% 43.81% 44.57% 62.80% 46.67% 57.09% 38.57% 34.72% 26.32% 26.62% Manufacturing Exp. - 29.72 28.70 27.13 1.15 0.25 0.30 0.40 3.67 4.76 4.59 % Of Sales - 11.06% 10.67% 9.92% 1.68% 0.86% 2.78% 2.09% 2.04% 1.47% 1.55% General & Admin Exp. - 15.52 16.35 22.34 6.13 3.45 4.74 7.43 28.89 41.78 35.01 % Of Sales - 5.77% 6.08% 8.17% 8.97% 11.83% 43.93% 38.78% 16.06% 12.88% 11.83% Selling & Distn. Exp. - 103.68 117.63 107.63 9.51 6.70 5.56 5.26 67.99 118.41 116.51 % Of Sales - 38.57% 43.73% 39.35% 13.91% 22.98% 51.53% 27.45% 37.79% 36.50% 39.39% Miscellaneous Exp. - 42.82 19.80 57.08 26.26 20.43 20.01 18.49 9.11 18.15 116.51 % Of Sales - 15.93% 7.36% 20.87% 38.41% 70.06% 185.45% 96.50% 5.06% 5.59% 2.38% EBITDA 25.23 -37.60 -35.68 -65.24 -17.70 -15.83 -26.29 -20.01 1.67 46.87 45.79 EBITDA Margin 9.85% -13.99% -13.26% -23.85% -25.89% -54.29% -243.65% -104.44% 0.93% 14.45% 15.48% Other Income 31.42 2.19 1.51 2.42 15.02 46.73 41.14 1.75 8.83 12.53 7.03 Interest 2.96 1.94 2.37 2.30 0.16 0.15 0.32 0.04 5.47 15.05 51.02 Depreciation 11.58 12.66 13.50 11.87 1.63 1.93 5.62 6.25 7.03 2.73 2.63 PBT 9.16 -50.01 -50.04 -76.99 -4.47 28.82 8.91 -24.55 -2.00 41.62 -0.82 Tax 2.99 3.99 15.26 -8.23 0.00 0.29 1.18 -0.02 1.57 2.54 5.34 Tax Rate 32.64% -8.71% -7.71% 10.69% 0.00% 1.09% -0.58% 0.08% 83.07% -59.21% -2.61% PAT 6.17 -49.78 -213.25 -68.76 -4.47 26.22 -205.88 -24.53 0.32 -6.83 -209.98 PAT before Minority Interest 6.17 -49.78 -213.25 -68.76 -4.47 26.22 -205.88 -24.53 0.32 -6.83 -209.98 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 2.41% -18.52% -79.27% -25.14% -6.54% 89.92% -1908.06% -128.03% 0.18% -2.11% -70.98% PAT Growth 112.39% - - - - - - - - - EPS 0.11 -0.89 -3.79 -1.22 -0.08 0.47 -3.66 -0.44 0.01 -0.12 -3.74

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 279.06 285.61 309.72 278.69 333.44 372.03 364.98 348.12 324.32 357.33 322.46 Net Sales Growth -2.29% -7.78% 11.13% -16.42% -10.37% 1.93% 4.84% 7.34% -9.24% 10.81% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.42 Gross Profit 279.06 285.61 309.72 278.69 333.44 372.03 364.98 348.12 324.32 357.33 322.04 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 100% 100% 99.87% Total Expenditure 250.65 300.26 325.38 310.89 298.86 274.48 278.80 296.77 290.37 275.22 259.75 Power & Fuel Cost - 1.64 1.81 1.55 1.12 1.42 2.14 2.12 2.10 2.01 2.09 % Of Sales - 0.57% 0.58% 0.56% 0.34% 0.38% 0.59% 0.61% 0.65% 0.56% 0.65% Employee Cost - 185.18 209.00 200.69 214.49 197.20 174.54 191.05 174.71 158.71 160.34 % Of Sales - 64.84% 67.48% 72.01% 64.33% 53.01% 47.82% 54.88% 53.87% 44.42% 49.72% Manufacturing Exp. - 16.05 14.57 13.86 9.38 7.49 8.78 8.35 7.74 6.59 6.69 % Of Sales - 5.62% 4.70% 4.97% 2.81% 2.01% 2.41% 2.40% 2.39% 1.84% 2.07% General & Admin Exp. - 37.18 43.07 40.42 33.01 22.58 47.19 61.23 62.29 65.00 60.55 % Of Sales - 13.02% 13.91% 14.50% 9.90% 6.07% 12.93% 17.59% 19.21% 18.19% 18.78% Selling & Distn. Exp. - 5.89 5.51 4.79 6.77 4.98 10.32 6.95 5.71 5.23 5.18 % Of Sales - 2.06% 1.78% 1.72% 2.03% 1.34% 2.83% 2.00% 1.76% 1.46% 1.61% Miscellaneous Exp. - 26.39 14.42 24.36 5.62 9.95 3.02 4.89 16.56 12.22 5.18 % Of Sales - 9.24% 4.66% 8.74% 1.69% 2.67% 0.83% 1.40% 5.11% 3.42% 1.65% EBITDA 28.41 -14.65 -15.66 -32.20 34.58 97.55 86.18 51.35 33.95 82.11 62.71 EBITDA Margin 10.18% -5.13% -5.06% -11.55% 10.37% 26.22% 23.61% 14.75% 10.47% 22.98% 19.45% Other Income 29.09 6.95 6.73 9.71 11.70 6.27 14.50 2.72 1.72 18.52 6.22 Interest 3.27 2.22 2.63 2.58 2.71 3.54 5.64 2.16 7.75 20.40 61.52 Depreciation 12.08 14.12 15.59 13.99 9.88 13.78 15.08 4.83 5.17 4.95 4.27 PBT 37.49 -24.04 -27.15 -39.06 33.69 86.50 79.96 47.08 22.75 75.28 3.14 Tax 8.96 11.62 16.63 12.15 12.70 37.65 31.45 21.86 13.73 9.61 12.73 Tax Rate 23.90% -58.63% -9.50% -31.11% 37.70% 42.13% -13.23% 46.43% 39.90% -28.58% -20.68% PAT 28.53 -31.44 -191.73 -51.21 20.99 51.72 -269.15 25.22 20.68 -43.23 -74.29 PAT before Minority Interest 28.53 -31.44 -191.73 -51.21 20.99 51.72 -269.15 25.22 20.68 -43.23 -74.29 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 10.22% -11.01% -61.90% -18.38% 6.29% 13.90% -73.74% 7.24% 6.38% -12.10% -23.04% PAT Growth 190.74% - - - -59.42% - - 21.95% - - EPS 0.51 -0.56 -3.41 -0.91 0.37 0.92 -4.79 0.45 0.37 -0.77 -1.32

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 164.87 213.88 423.87 489.26 501.66 500.24 711.49 742.34 637.26 637.18 Share Capital 281.00 281.00 281.00 281.00 281.00 562.00 562.00 562.00 506.91 502.81 Total Reserves -119.29 -70.56 138.43 205.59 218.34 -62.90 149.32 180.33 130.29 134.21 Non-Current Liabilities 21.79 27.76 22.37 10.16 11.46 11.88 1.88 1.88 4.37 38.76 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.89 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 20.71 Long Term Provisions 11.65 11.96 12.39 11.30 11.11 9.98 6.13 6.13 9.15 8.29 Current Liabilities 124.76 115.26 158.26 54.13 76.02 49.11 35.63 9.13 287.51 604.23 Trade Payables 65.66 68.72 81.84 11.65 3.58 2.86 2.68 4.15 143.83 451.71 Other Current Liabilities 55.76 43.74 72.34 38.82 70.19 45.05 26.75 1.00 46.88 38.35 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 85.90 103.96 Short Term Provisions 3.34 2.80 4.08 3.66 2.25 1.20 6.20 3.98 10.90 10.20 Total Liabilities 311.42 356.90 604.50 553.55 589.14 561.23 749.00 753.35 929.14 1,280.17 Net Block 21.41 31.49 40.57 7.15 8.74 11.57 50.05 56.24 4.82 4.03 Gross Block 113.90 111.70 107.90 62.63 62.59 65.99 62.86 62.86 10.16 6.64 Accumulated Depreciation 92.49 80.21 67.33 55.48 53.85 54.42 12.81 6.62 5.34 2.61 Non Current Assets 211.72 248.62 428.08 474.47 523.44 529.18 736.84 736.93 699.94 756.29 Capital Work in Progress 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Non Current Investment 141.85 168.85 339.51 427.61 475.61 475.61 643.69 644.06 657.01 717.71 Long Term Loans & Adv. 48.17 47.48 47.53 39.53 39.09 42.00 38.78 36.42 33.88 30.46 Other Non Current Assets 0.29 0.80 0.47 0.18 0.00 0.00 4.32 0.21 4.23 4.09 Current Assets 99.70 108.28 176.42 79.08 65.70 32.05 12.16 16.42 229.20 523.88 Current Investments 13.41 7.31 6.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 55.33 75.01 108.83 58.24 21.84 9.15 8.42 13.64 189.66 496.88 Cash & Bank 17.16 12.16 45.60 8.77 3.97 3.92 0.97 2.11 1.51 1.96 Other Current Assets 13.80 4.58 5.50 10.15 39.89 18.98 2.77 0.67 38.03 25.05 Short Term Loans & Adv. 9.72 9.22 10.45 1.92 0.83 0.23 2.46 0.07 31.99 20.01 Net Current Assets -25.06 -6.98 18.16 24.95 -10.32 -17.06 -23.47 7.29 -58.31 -80.35 Total Assets 311.42 356.90 604.50 553.55 589.14 561.23 749.00 753.35 929.14 1,280.17

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 304.48 333.51 521.84 563.67 548.55 515.39 794.10 779.45 684.09 733.83 Share Capital 281.00 281.00 281.00 281.00 281.00 562.00 562.00 562.00 506.91 502.81 Total Reserves 20.33 49.08 236.40 280.00 265.23 -47.75 231.92 217.43 177.11 230.85 Non-Current Liabilities 104.09 111.69 109.74 100.05 100.08 87.96 22.96 12.42 5.25 51.61 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 28.60 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.96 Long Term Provisions 23.15 24.38 24.38 24.13 22.69 18.26 9.92 9.68 10.03 9.18 Current Liabilities 102.37 105.86 85.77 75.97 97.59 89.72 82.52 109.67 273.92 268.21 Trade Payables 21.09 24.12 12.62 16.72 13.11 16.46 8.34 13.31 18.05 16.77 Other Current Liabilities 67.59 70.27 59.14 44.67 64.00 59.63 54.13 47.41 150.07 124.02 Short Term Borrowings 0.00 0.00 0.00 0.00 5.84 0.00 0.00 32.15 85.90 103.96 Short Term Provisions 13.69 11.47 14.01 14.58 14.64 13.63 20.05 16.80 19.90 23.47 Total Liabilities 510.94 551.06 717.35 739.69 746.22 693.07 899.58 901.54 963.26 1,053.65 Net Block 217.01 227.85 385.45 367.68 375.48 392.70 664.29 666.01 668.05 775.02 Gross Block 263.70 434.11 429.33 401.15 401.95 426.24 683.06 680.19 677.15 779.27 Accumulated Depreciation 46.69 58.31 43.88 33.47 26.47 33.54 18.77 14.18 9.10 4.25 Non Current Assets 295.20 299.65 455.86 443.13 433.23 450.35 717.90 713.84 709.43 812.44 Capital Work in Progress 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Non Current Investment 6.91 1.65 1.65 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 69.16 69.20 67.06 73.73 57.73 55.76 47.30 44.38 35.83 31.54 Other Non Current Assets 2.12 0.95 1.70 1.72 0.02 1.89 6.31 3.45 5.55 5.89 Current Assets 215.74 251.41 261.49 296.56 312.99 242.72 181.68 187.70 253.83 241.21 Current Investments 15.46 7.31 12.22 11.65 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 77.62 101.55 90.37 96.81 99.56 92.06 85.39 92.90 118.51 111.48 Cash & Bank 78.38 100.60 109.15 108.67 145.01 91.10 41.99 33.02 73.86 86.00 Other Current Assets 44.28 4.81 6.59 6.66 68.42 59.56 54.30 61.78 61.46 43.73 Short Term Loans & Adv. 37.56 37.14 43.16 72.77 63.69 55.44 4.10 4.14 53.95 37.21 Net Current Assets 113.37 145.55 175.72 220.59 215.40 153.00 99.16 78.03 -20.09 -27.00 Total Assets 510.94 551.06 717.35 739.69 746.22 693.07 899.58 901.54 963.26 1,053.65

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 7.72 -4.13 45.45 -18.69 1.45 -12.56 -0.78 62.45 58.86 35.42 PBT -45.79 -197.99 -76.99 -4.47 26.51 -204.70 -24.55 1.89 -4.29 -204.63 Adjustment 51.02 178.96 67.58 15.43 -21.48 191.98 22.81 4.95 68.60 270.38 Changes in Working Capital 5.58 19.40 58.82 -28.28 -3.56 0.45 3.42 65.60 -0.50 -25.07 Cash after chg. in Working capital 10.81 0.37 49.41 -17.32 1.47 -12.27 1.68 72.44 63.81 40.68 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -3.09 -4.50 -3.96 -1.37 -0.02 -0.29 -2.46 -9.99 -4.95 -5.26 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -3.82 -2.01 -24.33 32.51 25.30 16.08 -0.32 -74.80 -5.13 -1.87 Net Fixed Assets -2.20 -3.80 -45.27 -0.04 3.40 -3.13 0.00 -52.70 -3.52 68.05 Net Investments 20.90 169.39 82.06 48.00 0.00 168.08 0.37 12.95 60.70 54.63 Others -22.52 -167.60 -61.12 -15.45 21.90 -148.87 -0.69 -35.05 -62.31 -124.55 Cash from Financing Activity -10.29 -7.29 -4.66 -9.77 -26.70 -0.57 -0.04 12.95 -54.19 -32.94 Net Cash Inflow / Outflow -6.39 -13.43 16.46 4.05 0.05 2.95 -1.14 0.60 -0.46 0.61 Opening Cash & Equivalents 11.05 24.48 8.02 3.97 3.92 0.97 2.11 1.51 1.96 1.31 Closing Cash & Equivalent 4.66 11.05 24.48 8.02 3.97 3.92 0.97 2.11 1.51 1.96

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 9.75 -8.28 9.21 -8.10 90.95 66.24 54.58 53.65 53.92 66.38 PBT -19.82 -175.10 -39.06 33.69 89.37 -237.70 47.08 34.41 -33.62 -61.56 Adjustment 30.46 170.61 30.43 8.06 17.24 324.15 8.34 2.48 132.81 132.56 Changes in Working Capital 7.67 10.14 22.33 -27.07 -1.62 -5.64 9.60 33.02 -32.89 6.90 Cash after chg. in Working capital 18.31 5.65 13.70 14.68 104.99 80.81 65.02 69.91 66.30 77.91 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -8.56 -13.93 -4.49 -22.78 -14.04 -14.57 -10.44 -16.26 -12.38 -11.52 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -14.97 34.62 -37.77 -35.34 -7.22 -4.30 -11.40 -3.49 -7.03 1.63 Net Fixed Assets -2.20 -3.80 -45.27 -0.04 3.40 -3.13 0.00 -52.70 -3.52 68.05 Net Investments 20.90 169.39 82.06 48.00 0.00 168.08 0.37 12.95 60.70 54.63 Others -33.67 -130.97 -74.56 -83.30 -10.62 -169.25 -11.77 36.26 -64.21 -121.05 Cash from Financing Activity -12.05 -9.34 -6.51 -15.32 -32.07 -13.34 -34.06 -90.84 -54.88 -36.36 Net Cash Inflow / Outflow -17.27 17.00 -35.07 -58.76 51.66 48.60 9.12 -40.68 -7.99 31.66 Opening Cash & Equivalents 69.23 52.38 85.39 142.94 90.43 39.47 30.07 73.86 86.00 49.18 Closing Cash & Equivalent 52.36 69.23 52.38 85.39 142.94 90.43 39.47 30.07 73.86 86.00

Financial Ratios

Consolidated /

Standalone

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 2.88 3.74 7.46 8.66 8.89 8.88 12.66 13.21 12.57 12.67 ROA -14.90% -44.36% -11.88% -0.78% 4.60% -31.67% -3.27% 0.04% -0.62% -15.03% ROE -26.75% -67.71% -15.18% -0.91% 5.25% -34.02% -3.37% 0.05% -1.07% -45.39% ROCE -23.16% -61.35% -16.36% -0.87% 5.32% -33.73% -3.37% 0.99% 1.40% -17.77% Fixed Asset Turnover 2.38 2.45 3.21 1.09 1.17 0.77 0.33 5.10 38.62 7.27 Receivable days 88.49 124.72 111.47 213.79 74.97 64.69 193.46 199.17 386.22 628.73 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 0.00 55.04 62.01 187.92 506.68 800.76 Cash Conversion Cycle 88.49 124.72 111.47 213.79 74.97 9.65 131.45 11.25 -120.46 -172.04 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.24 Interest Cover -22.60 -82.54 -32.47 -26.94 177.73 -638.69 -612.75 1.35 0.71 -3.01

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 5.36 5.87 9.21 9.98 9.72 9.15 14.13 13.87 13.49 14.59 ROA -5.92% -30.23% -7.03% 2.83% 7.26% -34.11% 2.80% 2.22% -4.29% -6.79% ROE -9.96% -45.25% -9.50% 3.79% 9.75% -41.15% 3.21% 2.83% -6.10% -15.77% ROCE -5.52% -40.33% -6.72% 6.51% 17.37% -35.44% 6.13% 5.01% -1.44% 0.00% Fixed Asset Turnover 0.82 0.72 0.67 0.83 0.90 0.66 0.51 0.48 0.49 0.38 Receivable days 114.49 113.09 122.57 107.48 94.00 88.73 93.47 118.96 117.46 124.56 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 0.00 21.31 18.39 29.01 35.47 51.44 Cash Conversion Cycle 114.49 113.09 122.57 107.48 94.00 67.42 75.08 89.96 82.00 73.12 Total Debt/Equity 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.04 0.27 0.31 Interest Cover -7.93 -65.58 -14.14 13.43 26.25 -41.15 22.80 5.44 -0.65 0.00

Top Investors:

subex employee welfare and esop benefit trust

Annual Reports:

News Update:

Subex to modernize RAFM operations for North African telecom operator
21st May 2026, 15:59 PM

The contract is valued at around $1.93 million and spans a period of 5 years
Read More
Subex secures 2.7 million euro contract
18th Mar 2026, 11:19 AM

The company has been chosen by a leading North African Telecom operator for an Enterprise Asset Management engagement
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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