Stock Report

All about this stock under one free report Last Updated: 03-Oct-2026

Stock Rating

See the stock’s health at a glance, before it's too late.

Wealth Insight New Issue

Serious stock insights. No fluff. No FOMO.

Recently Viewed

Subex Key Ratios

Stock Card factsheet watchlist-stock-modal share-fund-plan-icon

NSE: SUBEXLTD | BSE: 532348

₹19.34

up-down-arrow ₹-0.39 (-1.98%)

As on 01-Oct-2026IST

Market cap

info icon

₹1,088 Cr

Revenue (TTM)

info icon

₹292 Cr

P/E Ratio

info icon

36.3

P/B Ratio

info icon

3.1

Div. Yield

info icon

0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 8.90 19.65 2.91 3.60 -4.30
EBIT 98.40 11,372.73 250.36 35.18 -16.85
Net Profit 41.43 11.01 490.03 34.36 -7.82
EPS 43.18 11.01 503.26 33.77 -9.77
Book Value -- -- 13.13 -12.98 -9.00
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info -14.62-4.899.874.90-10.07
Net Margin info -31.79-14.779.669.18-10.75
Return on equity info -30.31-10.419.728.88-9.96
Return on Capital info -25.77-6.69--12.59-5.52
Return on Assets info -19.16-7.005.765.38-5.93
Debt to Equity (x) info ----0.000.000.00

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
12.59
-5.52
-40.33
-6.72
Peer Median
--
13.21
17.31
18.97
16.89
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

9.72

Lower than Peers by 1.85

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
9.72
8.88
-9.96
-45.25
-9.50
Peer Median
11.58
12.07
13.47
15.21
11.99
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

5.76

Lower than Peers by 1.97

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
5.76
5.38
-5.93
-30.23
-7.03
Peer Median
7.73
7.46
9.36
10.36
7.29
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

9.87

Lower than Peers by 1.27

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
9.87
4.90
-10.07
-10.09
-16.57
Peer Median
11.14
10.87
12.85
11.93
10.74
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

9.66

Lower than Peers by 0.66

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
9.66
9.18
-10.75
-60.59
-17.76
Peer Median
10.31
9.26
9.74
9.72
9.77
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
14.55
-6.06
-56.87
-13.36
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

2.91

Lower than Peers by 10.86

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
2.91
-2.29
-7.78
11.13
-16.42
Peer Median
13.77
22.75
11.37
21.22
22.79
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

250.36

Higher than Peers by 236.21

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
250.36
147.48
7.94
32.34
-287.00
Peer Median
14.15
25.18
14.15
37.86
40.18
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

490.03

Higher than Peers by 471.98

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
490.03
190.74
83.60
-274.40
-343.97
Peer Median
18.05
15.93
8.15
58.06
33.39
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

503.26

Higher than Peers by 489.78

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
503.26
190.76
83.60
-274.41
-343.96
Peer Median
13.47
6.90
3.14
68.02
133.33
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
13.13
-8.71
-36.20
-7.77
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

--

--

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
--
--
--
--
Peer Median
--
0.02
0.00
0.02
0.04
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
--
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

2.64

Higher than Peers by 0.23

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
2.64
2.64
2.22
2.37
3.05
Peer Median
2.41
2.72
2.33
2.36
2.33
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

2.64

Higher than Peers by 0.24

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
2.64
2.64
2.22
2.37
3.05
Peer Median
2.40
2.63
2.73
2.46
2.22
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

14.48

Lower than Peers by 7.12

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
14.48
12.46
-7.93
-65.58
-14.14
Peer Median
21.61
14.14
22.83
16.77
14.34
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

32.01

Higher than Peers by 9.60

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
32.01
33.51
27.18
32.79
32.43
Peer Median
22.41
19.80
22.86
25.14
22.27
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.56

Lower than Peers by 0.13

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
0.56
0.53
0.54
0.49
0.38
Peer Median
0.69
1.09
0.88
0.85
0.82
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
111.92
114.49
113.09
122.57
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
--
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

36.34

No difference

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
36.34
13.18
--
--
--
Peer Median
36.34
37.04
37.05
38.68
62.74
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

3.06

Lower than Peers by 0.00

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
3.06
1.10
2.28
5.11
3.08
Peer Median
3.06
3.39
3.60
3.22
4.97
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
--
--
--
--
--
Peer Median
--
--
--
0.14
0.05
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

17.19

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
17.19
4.79
-81.07
-177.66
-66.04
Peer Median
--
32.80
25.63
29.72
57.19
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

1,088

Lower than Peers by 621

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Subex
1,088
376
686
1,687
1,594
Peer Median
1,709
1,773
1,500
1,167
1,392
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
loading...
loading...
loading...
loading...
loading...