Good evening :)
Subex Ltd

Subex Ltd

SUBEXLTD Share Price

NSE
19.594.16% (-0.85)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹1,086 cr, stock is ranked 1,560

Stock is 4.12x as volatile as Nifty

SUBEXLTD Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,086 cr, stock is ranked 1,560

Stock is 4.12x as volatile as Nifty

SUBEXLTD Performance & Key Metrics

SUBEXLTD Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
36.303.17
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.695.503.29%

SUBEXLTD Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

SUBEXLTD Company Profile

Subex Limited is a holding company, which provides software products and related services to communications service providers across the world. The Company also provides implementation and customization alongwith support services.

Investor Presentation

View older View older 

Aug 18, 2026

PDF
View Older Presentations

SUBEXLTD Similar Stocks (Peers)

Compare with peers Compare with peers 

SUBEXLTD Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
37.98
37.98
1Y Return
26.17%
26.17%
Buy Reco %
100.00
100.00
PE Ratio
45.71
45.71
1Y Return
1.08%
1.08%
Buy Reco %
58.06
58.06
PE Ratio
27.79
27.79
1Y Return
21.58%
21.58%
Buy Reco %
40.74
40.74
PE Ratio
190.46
190.46
1Y Return
25.95%
25.95%
Buy Reco %
90.00
90.00
PE Ratio
33.44
33.44
1Y Return
40.90%
40.90%
Buy Reco %
41.67
41.67
Compare with Peers

SUBEXLTD Sentiment Analysis

SUBEXLTD Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

SUBEXLTD Stock Summary · August 2026

Management struck a confident, growth-first tone, saying the business has moved beyond turnaround mode into a more sustainable phase of expansion. Revenue rose 8.9% sequentially and 19.7% year over year in Q1 FY27, while EBITDA and PAT margins remained healthy at 21.2% and 17.9%, supported by better backlog execution, tighter costs, and steady billing milestones rather than a one-off large deal. Cash and cash equivalents of INR 184.8 crores further strengthened the balance sheet, giving the company room to keep investing in product innovation and AI while preserving margin discipline. Management said roughly 70% of annual revenue is recurring, with new wins and backlog conversion providing additional growth, and highlighted traction across core platform deals as well as a rebuilt Partner Ecosystem Management product. At the same time, they acknowledged slower closures in the Middle East and more cautious timelines in some regions, though without cancellations or lost demand. For FY27, they said growth is trending toward near double-digit levels, but they declined formal guidance and indicated margins should stay around current levels with only modest expansion as reinvestment continues.

SUBEXLTD Stock Growth Drivers
SUBEXLTD Stock Growth Drivers
13
  • Turnaround Completed and Growth Phase Begun

    Management stated that the core turnaround work has been completed over the past three years,

  • Strong Operating Momentum and Profitability Improvement

    The company delivered a strong quarter with revenue up 8.9% sequentially and 19.7% year over

SUBEXLTD Stock Challenges
SUBEXLTD Stock Challenges
3
  • Geopolitical Disruption and Regional Demand Slowdown

    The company is facing a meaningful slowdown tied to the Middle East conflict, which is

  • Prolonged Contracting and Execution Delays

    Contract closures are taking longer across the business because customers are spending more time on

SUBEXLTD Forecast

SUBEXLTD Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

SUBEXLTD

SUBEXLTD

Income

Balance Sheet

Cash Flow

SUBEXLTD Income Statement

SUBEXLTD Income Statement

Loading...

Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue86.4970.0879.5873.7673.3682.2170.4375.0480.4784.14
Operating & Other expensessubtract228.6774.2072.2770.1983.6062.4762.6366.2563.9664.45
Depreciation/Amortizationsubtract3.783.663.733.353.384.042.762.372.912.60
Interest & Other Itemssubtract0.640.590.590.540.500.990.820.660.800.63
Taxes & Other Itemssubtract9.912.842.372.933.481.901.362.832.872.24
EPS-2.83-0.200.01-0.06-0.320.230.050.050.180.26

SUBEXLTD Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2027FY 2027

Annual Report Pending

Investor Presentation

Aug 18PDF
Aug 5PDF
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 12PDF
Mar 11PDF
Feb 10PDF
+3 more
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 2PDF
Feb 13PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
 

SUBEXLTD Stock Peers

SUBEXLTD Past Performance & Peer Comparison

SUBEXLTD Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologySoftware Services

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Subex Ltd38.103.17
Oracle Financial Services Software Ltd37.9812.813.47%
Persistent Systems Ltd45.7110.880.74%
L&T Technology Services Ltd27.795.481.73%

SUBEXLTD Stock Price Comparison

Compare SUBEXLTD with any stock or ETF
Compare SUBEXLTD with any stock or ETF
SUBEXLTD
Loading...

SUBEXLTD Holdings

SUBEXLTD Shareholdings

SUBEXLTD Promoter Holdings Trend

SUBEXLTD Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

SUBEXLTD Institutional Holdings Trend

SUBEXLTD Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

SUBEXLTD Shareholding Pattern

SUBEXLTD Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding0.00%0.00%0.00%0.59%99.40%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

SUBEXLTD Shareholding History

SUBEXLTD Shareholding History

MarJunSepDec '25MarJun1.74%0.77%0.77%0.92%1.10%0.59%

SUBEXLTD Insider Trades & Bulk Stock Deals

SUBEXLTD Insider Trades & Bulk Stock Deals

Loading...

smallcases containing SUBEXLTD stock

smallcases containing SUBEXLTD stock

Looks like this stock is not in any smallcase yet.

SUBEXLTD Events

SUBEXLTD Events

SUBEXLTD Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SUBEXLTD has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

SUBEXLTD Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SUBEXLTD has not given any dividends in last 5 years

SUBEXLTD Upcoming Dividends

SUBEXLTD Upcoming Dividends

No upcoming dividends are available

SUBEXLTD Past Dividends

SUBEXLTD Past Dividends

Cash Dividend

Ex DateEx DateJul 1, 2021

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Jul 1, 2021

Cash Dividend

Ex DateEx DateFeb 10, 2021

Interim
Interim | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Feb 10, 2021

SUBEXLTD Stock News & Opinions

SUBEXLTD Stock News & Opinions

Spotlight
Spotlight
Subex secures a three-year, USD 0.6 million contract with an African mobile operator

Subex Ltd. currently trades at Rs 17.82, having risen 11.93% over the last week. Subex announced August 26, 2026, that it secured a three-year contract with a leading African mobile operator for the deployment of its HyperSense Fraud Management solutions, valued at USD 0.6 million. The engagement will enhance the operator’s ability to detect and combat fraud across its mobile operations and mobile money business, leveraging Subex’s AI-powered fraud management capabilities and deep telecom domain expertise. The deal expands Subex’s presence in the African market and reflects the increasing demand for integrated fraud management solutions within the telecom and mobile financial services sectors. Subex Ltd. shares saw a trading volume of 12.0 lakh today, a decrease of 94.14% compared to the average volume over the last one week. Subex Ltd. registered a strong increase of 36.97% year-over-year, outperforming the 2.54% loss recorded by the NIFTY50 index.

3 weeks agoCapital Market - Live
Spotlight
Spotlight
Subex jumps 4.92% after securing a Euro 0.6 million, three-year contract with a European fibre operator

Subex Ltd. is up 4.92% to Rs 17.93, extending recent gains and surging 28.90% over the last one week. Subex Limited has secured a new engagement with a major European open-access fibre operator to deploy its Partner Ecosystem Management Solutions, as announced on August 21, 2026. The three-year contract, valued at Euro 0.6 million, will support the operator's expansion of its wholesale business ecosystem and enhance operational efficiency and accuracy. Subex will provide a fully hosted and managed service, including end-to-end operations and ongoing support, reinforcing the company's position in the European wholesale market and expanding its managed, outcome-led engagement models. Subex Ltd. shares saw a trading volume of 3.12 lakh today, a surge of 37.85% compared to the average volume of the last one week. Subex Ltd. jumped by 34.21% year-over-year, outperforming the 3.27% loss recorded by the NIFTY50 index.

3 weeks agoCapital Market - Live
Earnings
Earnings
Subex Ltd consolidated sales up 8.90% on year in Q2FY2026, net profit surged by 43.20%

Subex Ltd share price rose by 5% to Rs 13.44 after the company's net profit jumped 43.20% to Rs 14.22 crore, while revenue from operations improved marginally 8.90% to Rs 79.45 crore in Q2FY26 over Q1FY26. The market capitalization of Software Products industry group stocks on BSE stood at Rs 1.17 lakh crore, surging by 20.48%. It has improved by 1.68% over last one week and rallied by 18.52% in last one month while the market capitalization of Subex Ltd has gained 14.98% and 31.78% in the same period respectively. Profit before tax (PBT) of Subex Ltd stood at Rs 16.46 crore in Q2 FY26, advancing by 11.90% year-on-year, and expanding by 28.59% quarter-on-quarter. EBITDA came in at Rs 10 crore, crashing by 186.78% YoY and rallying 524.85% sequentially. Total expenses posted a minor rise of 0.51% to Rs 67.05 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 40.15 crore, softening 1.13% YoY. For the TTM ended FY26, revenue from operations softened by 2.29% to Rs 279.06 crore, while net profit plunged by 190.74% to Rs 28.53 crore, compared to previous TTM. EBITDA saw a sharp decline of 2464% to Rs 6.02 crore, and PBT collapsed by 289.15% to Rs 37.49 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 71.51 crore in FY26, as against Rs 9.75 crore in FY25. Subex Ltd climbed 5.66% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.20% during the same period.

1 month agoCapital Market - Live
Corporate
Corporate
Subex to table results

Subex will hold a meeting of the Board of Directors of the Company on 5 August 2026.

2 months agoCapital Market - Live
Corporate
Corporate
Subex AGM scheduled

Subex announced that the Annual General Meeting(AGM) of the company will be held on 4 August 2026.

2 months agoCapital Market - Live
Earnings
Earnings
Subex reports consolidated net profit of Rs 9.93 crore in the March 2026 quarter

Net profit of Subex reported to Rs 9.93 crore in the quarter ended March 2026 as against net loss of Rs 17.60 crore during the previous quarter ended March 2025. Sales rose 3.34% to Rs 72.96 crore in the quarter ended March 2026 as against Rs 70.60 crore during the previous quarter ended March 2025. For the full year,net profit reported to Rs 28.53 crore in the year ended March 2026 as against net loss of Rs 31.44 crore during the previous year ended March 2025. Sales declined 2.29% to Rs 279.06 crore in the year ended March 2026 as against Rs 285.61 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales72.9670.60 3 279.06285.61 -2 OPM %12.55-18.41 -9.22-5.13 - PBDT15.87-10.74 LP 54.23-9.92 LP PBT12.96-14.12 LP 42.15-24.04 LP NP9.93-17.60 LP 28.53-31.44 LP Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Corporate
Subex announces board meeting date

Subex will hold a meeting of the Board of Directors of the Company on 12 May 2026.

4 months agoCapital Market - Live
Corporate
Corporate
Subex wins multi-year deal from a leading North African Telecom operator

Subex announced that a leading North African Telecom operator has chosen Subex for an Enterprise Asset Management (EAM) engagement. The Operator, who is part of the largest multi-country telecom group selected Subex for its flexible, governance-first EAM approach, which integrates seamlessly with Enterprise Resource Planning (ERP), Geographic Information System (GIS), and Network Management System / Element Management System (NMS/EMS) systems. Powered by Subex HyperSense, the solution enables centralized 360' asset visibility, Fixed Asset Registry (FAR) reconciliation and workflow automation. This is a new logo win for Subex. It is a 9 year engagement. The deal size is Euro 2.7 million. The services include deployment of HyperSense solutions for its flexible, governance-first EAM approach, which cover the complete Asset management lifecycle process from purchase to disposal and retirement from technical and financial perspectives. The project scope covers all asset types, including telecom network, fiber, IT, and data-center assets and integrates seamlessly with numerous third-party systems, including but not limited to Enterprise Resource Planning (ERP), Geographic Information System (GIS), and Network Management System / Element Management System (NMS/EMS) systems. Powered by Capital Market - Live

6 months agoCapital Market - Live
Spotlight
Spotlight
Subex Ltd Surges 3.94%

Subex Ltd gained 3.94% today to trade at Rs 9.77. The BSE Information Technology index is up 0.66% to quote at 29844.9. The index is down 19.65 % over last one month. Among the other constituents of the index, Aurionpro Solutions Ltd increased 2.58% and KPIT Technologies Ltd added 2.17% on the day. The BSE Information Technology index went down 22.49 % over last one year compared to the 10.48% surge in benchmark SENSEX. Subex Ltd has added 8.8% over last one month compared to 19.65% fall in BSE Information Technology index and 0.69% rise in the SENSEX. On the BSE, 515 shares were traded in the counter so far compared with average daily volumes of 1.92 lakh shares in the past one month. The stock hit a record high of Rs 17.3 on 12 Jun 2025. The stock hit a 52-week low of Rs 8.86 on 27 Jan 2026.Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Corporate
Subex secures multi-year agreement with leading MEA telecom operator

Subex announced it has secured a multi-year agreement with a Tier-1 telecom operator in the Middle East to modernize its Business Assurance capabilities. Under a multi-year engagement, Subex will implement its next-generation Business Assurance platform and provide ongoing support to strengthen revenue protection, risk management, and operational transparency across the operator's nationwide operations. This win marks a significant renewed partnership with a long-standing customer, reflecting Subex's continued commitment to delivering reliable, future-ready assurance solutions in complex, high-volume telecom environments. Subex was selected for its credible migration approach, that preserves live assurance operations, its demonstrated commitment over time, and its ability to meet stringent expectations across business users, IT, procurement, and legal stakeholders.Powered by Capital Market - Live

7 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. The share price of SUBEXLTD as on 16th September 2026 is ₹19.59. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Subex Ltd (SUBEXLTD) share are
    • Past 1 week: 3.38%
    • Past 1 month: 39.43%
    • Past 3 months: 70.29%
    • Past 6 months: 146.50%
    • Past 1 year: 52.16%
    • Past 3 years: -41.05%
    • Past 5 years: -64.21%

  3. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Subex Ltd (SUBEXLTD) is ₹1086.96 Cr as of 16th September 2026.

  4. The 52-week high of Subex Ltd (SUBEXLTD) is ₹21.85 and the 52-week low is ₹6.61.

  5. The P/E (price-to-earnings) ratio of Subex Ltd (SUBEXLTD) is 38.10. The P/B (price-to-book) ratio is 3.17.

  6. Subex Ltd (SUBEXLTD) belongs to the Information Technology sector & Software Services sub-sector.

  7. You can directly buy Subex Ltd (SUBEXLTD) shares on Tickertape. Simply sign up, connect your demat account and place your order.