Good evening :)
Subex Ltd

Subex Ltd

SUBEXLTD Share Price

NSE
12.581.94% (+0.24)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹698 cr, stock is ranked 1,763

Stock is 3.53x 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 ₹698 cr, stock is ranked 1,763

Stock is 3.53x as volatile as Nifty

SUBEXLTD Performance & Key Metrics

SUBEXLTD Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
24.472.04
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
21.385.553.30%

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 

May 12, 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
35.14
35.14
1Y Return
19.16%
19.16%
Buy Reco %
100.00
100.00
PE Ratio
43.69
43.69
1Y Return
0.51%
0.51%
Buy Reco %
61.29
61.29
PE Ratio
28.34
28.34
1Y Return
20.51%
20.51%
Buy Reco %
40.74
40.74
PE Ratio
35.07
35.07
1Y Return
43.17%
43.17%
Buy Reco %
41.67
41.67
PE Ratio
149.39
149.39
1Y Return
41.94%
41.94%
Buy Reco %
87.50
87.50
Compare with Peers

SUBEXLTD Sentiment Analysis

SUBEXLTD Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

SUBEXLTD Stock Summary · May 2026

Solid execution and a clear pivot toward growth dominated the call, with management highlighting Q4 consolidated revenue of INR 72.96 crores and a pipeline reinforced by more than INR 150 crore of orders won last year. The tone combined cautious optimism with urgency: leadership made accelerating top‑line growth the singular FY27 focus and described the year as one of conversion, backed by an improved balance sheet and active investor outreach. They emphasised converting a strong, multiyear backlog into revenue as implementations complete, acknowledged that near‑term revenue visibility depends on timely product rollouts and that conversion will improve quarter‑to‑quarter, and flagged pacing responsibility on execution. Commercialisation of AI offerings featured prominently — a new fraud product has secured paying customers while LLM‑based solutions face customer reluctance around GPUs and are being adapted for lighter deployment models. Management also noted margin benefits from lower‑cost new products but reminded listeners that gross margins are distinct from EBITDA after R&D and go‑to‑market spend. Near term, they declined formal numeric guidance and reiterated the priority of converting pipeline into revenue while selectively deploying cash.

SUBEXLTD Stock Growth Drivers
SUBEXLTD Stock Growth Drivers
10
  • Completed Transformation and Operational Reset

    Management reports that the first phase of a multi-year transformation has been delivered, consisting of

  • Improving Profitability and Strong Liquidity

    The company is showing sustained profitability and improving liquidity, with quarterly EBITDA margin at 14.5%

SUBEXLTD Stock Challenges
SUBEXLTD Stock Challenges
8
  • Concentrated Middle East Exposure and Geopolitical Operational Risk

    The company has material revenue exposure to the Gulf/Middle East (cited at roughly 31% of

  • Slow Order-to-Revenue Conversion and Visibility Risk

    Investors noted sequential revenue growth was modest (~3% quarter-on-quarter) despite the company securing over INR

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...

Quarterdec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026
Total Revenue83.2386.4970.0879.5873.7673.3682.2170.4375.0480.47
Operating & Other expensessubtract81.24228.6774.2072.2770.1983.6062.4762.6366.2563.96
Depreciation/Amortizationsubtract3.753.783.663.733.353.384.042.762.372.91
Interest & Other Itemssubtract0.630.640.590.590.540.500.990.820.660.80
Taxes & Other Itemssubtract2.509.912.842.372.933.481.901.362.832.87
EPS-0.09-2.83-0.200.01-0.06-0.320.230.050.050.18

SUBEXLTD Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
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
Nov 8PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 8PDF
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 Ltd24.472.04
Oracle Financial Services Software Ltd35.1411.853.75%
Persistent Systems Ltd43.6910.400.77%
L&T Technology Services Ltd28.345.581.69%

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

Corporate
Corporate
Subex to table results

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

2 weeks 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.

3 weeks 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

2 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.

3 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

4 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

4 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

5 months agoCapital Market - Live
Earnings
Earnings
Subex reports consolidated net profit of Rs 2.93 crore in the December 2025 quarter

Net profit of Subex reported to Rs 2.93 crore in the quarter ended December 2025 as against net loss of Rs 3.25 crore during the previous quarter ended December 2024. Sales declined 2.61% to Rs 70.79 crore in the quarter ended December 2025 as against Rs 72.69 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales70.7972.69 -3 OPM %12.773.44 - PBDT12.633.03 317 PBT10.26-0.32 LP NP2.93-3.25 LP Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Subex secures a AI deal in North America

Subex announced a deal win with a North American AI and Data transformation specialist providing services to telecom operators in the region, to launch subscription and handset fraud risk assessment services. Built on Subex's FraudZap', the solution applies AI to help telecom operators tackle handset fraud, one of the most significant fraud challenges in the industry. It enables CSPs to identify high-risk activity early and take timely action to protect revenues while maintaining a smooth customer experience. Powered by Subex's AI-led solution expertise in fraud management, the North-American entity can offer CSPs a scalable, low-latency approach to mitigating subscription and handset fraud, helping protect revenues while maintaining a smooth onboarding experience. The introduction of FraudZap' marks an important step in broadening Subex's play in the telecom fraud space offering a lightweight, plug-and-play, AI-powered solution for handset and device fraud that is quick to deploy and easy to run. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Corporate
Subex schedules board meeting

Subex will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Subex Ltd (SUBEXLTD) today?

    The share price of SUBEXLTD as on 24th July 2026 is ₹12.58. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Subex Ltd (SUBEXLTD) share?

    The past returns of Subex Ltd (SUBEXLTD) share are
    • Past 1 week: -5.63%
    • Past 1 month: 7.80%
    • Past 3 months: 42.47%
    • Past 6 months: 40.09%
    • Past 1 year: -10.21%
    • Past 3 years: -61.23%
    • Past 5 years: -80.62%

  3. What are the peers or stocks similar to Subex Ltd (SUBEXLTD)?
  4. What is the market cap of Subex Ltd (SUBEXLTD) share?

    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 ₹698.01 Cr as of 24th July 2026.

  5. What is the 52 week high and low of Subex Ltd (SUBEXLTD) share?

    The 52-week high of Subex Ltd (SUBEXLTD) is ₹14.58 and the 52-week low is ₹6.61.

  6. What is the PE and PB ratio of Subex Ltd (SUBEXLTD) stock?

    The P/E (price-to-earnings) ratio of Subex Ltd (SUBEXLTD) is 24.47. The P/B (price-to-book) ratio is 2.04.

  7. Which sector does Subex Ltd (SUBEXLTD) belong to?

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

  8. How to buy Subex Ltd (SUBEXLTD) shares?

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