SU
Subex Ltd (SUBEXLTD)
₹20.33
Mkt cap
₹1,134 Cr
P/E ratio
35.00
P/B
3.34
Div yield
0.00%
ROE
9.90%
ROCE
12.80%
EPS (TTM)
₹0.58
Book value
₹6
52W range
7–23
Sector
Information Technology
Price history
Previous close
Incorporated in 1992, Subex Ltd is a global provider of Operations and Business Support Systems to communication service providers worldwide, in the Telecom industry [1]
NSE SUBEXLTDBSE 532348
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthLow
TechnicalsBullish
52-week range
−10.83% from high₹20
₹7+207.56% from low₹23
Current
₹20.33
Prev close
₹21.41
Day
−5.04%
Price performance
1D
−4.39%
1W
+4.39%
1M
+14.04%
3M
+76.16%
6M
+170.05%
1Y
+55.08%
YTD
+73.46%
Financials
Revenue, profit & margin
P/E ratio
35.0×
SUBEXLTD is 15% above the sector median of 30.4×
SUBEXLTD35.0×
Sector median30.4×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 67 | 77 | 82 | 84 | 68 | 74 | 73 | 71 | 66 | 69 | 71 | 73 | 79 | |
| Expenses | 82 | 81 | 81 | 81 | 74 | 72 | 70 | 84 | 62 | 63 | 62 | 64 | 64 | |
| Operating Profit | -15 | -5 | 1 | 3 | -6 | 2 | 2 | -13 | 4 | 6 | 9 | 9 | 15 | |
| OPM % | -22% | -6% | 0.7% | 3.7% | -9% | 2.5% | 3.4% | -18% | 6% | 9% | 13% | 13% | 19% | |
| Other Income | 1 | 1 | 1 | -145 | 2 | 5 | 1 | 3 | 16 | 2 | -0 | 7 | 5 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 3 | 2 | 3 | 3 | |
| Profit before tax | -18 | -8 | -2 | -147 | -8 | 3 | -0 | -14 | 15 | 4 | 6 | 13 | 16 | |
| Tax % | 7% | 36% | 105% | 7% | 34% | 79% | 916% | 25% | 13% | 32% | 49% | 22% | 14% | |
| Net Profit | -19 | -11 | -5 | -157 | -11 | 1 | -3 | -18 | 13 | 3 | 3 | 10 | 14 | |
| EPS in Rs | -0.34 | -0.20 | -0.09 | -2.78 | -0.20 | 0.01 | -0.06 | -0.31 | 0.23 | 0.05 | 0.05 | 0.18 | 0.25 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +2.61% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 5 Aug '26◦ |
| Earnings day | +2.61% |
| +1 day | −0.22% |
| +5 days | −0.29% |
| +15 days | +30.36% |
| +30 days | +46.04% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 2026FIIs0.60%0.50
DIIs0.00%0.01
Public98.14%0.52
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Oracle Fin.Serv. | ₹11,896.00 | 30.35 | 1,03,594 | 3.36% | 1,416 | +120.52% | 3,125 | +68.73% | 45.28% |
| Tanla Platforms | ₹489.25 | 12.18 | 6,489 | 2.45% | 142 | +20.07% | 1,226 | +17.85% | 26.32% |
| C.E. Info System | ₹899.40 | 35.77 | 4,930 | 0.39% | 50 | +7.94% | 140 | +14.89% | 19.13% |
| Capillary Tech. | ₹484.05 | 75.20 | 3,852 | 0.00% | −10 | +2,949.33% | 257 | +42.66% | 3.42% |
| Technvision Ven. | ₹4,349.00 | 910.39 | 2,731 | 0.00% | 3 | +9,300.00% | 74 | +29.95% | 12.87% |
| Mobavenue AI Tech | ₹291.85 | 64.44 | 2,256 | 0.10% | 12 | +94.33% | 73 | +56.97% | 71.59% |
| Ramco Systems | ₹567.25 | 33.85 | 2,133 | 0.00% | 1 | −36.17% | 173 | +7.10% | 19.72% |
| Subex | ₹20.11 | 35.04 | 1,134 | 0.00% | 14 | +11.01% | 79 | +19.65% | 12.76% |
| Median: 26 Co. | ₹146.28 | 30.35 | 503 | 0.00% | 4 | +15.85% | 56 | +18.75% | 15.49% |
Filings
Annual reports15
Concall transcripts54
TranscriptAug 2026PPTAug 2026RECAug 2026PPTAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptMar 2026PPTMar 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024
Credit ratings6
Announcements5
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 12 SepAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 26 Aug - Subex won a three-year USD 0.6 million fraud management contract with an African mobile operator.Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 21 Aug - Subex won a new European fibre operator contract worth Euro 0.6 million over 3 years.Announcement under Regulation 30 (LODR)-Investor Presentation 18 Aug - Investor Presentation for Analyst / Institutional Investor meetingAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Aug - Intimation of Schedule of Analyst/ Institutional Investor meet - Non-Deal Roadshow