Subex（532348）株式概要スベックス社は、世界中の通信サービス・プロバイダー（CSP）にオペレーションとビジネス・サポート・システムを提供している。 詳細532348 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性4/6配当金0/6報酬今年は黒字化を達成 リスク分析財務結果に影響を与える大きな一時的項目 Indian市場と比較した過去 3 か月間の株価の変動意味のある時価総額がありません ( ₹6B )すべてのリスクチェックを見る532348 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹11.60263.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3b4b2016201920222025202620282031Revenue ₹2.0bEarnings ₹7.3mAdvancedSet Fair ValueView all narrativesFeatured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrativeSubex Limited 競合他社OnMobile GlobalSymbol: NSEI:ONMOBILEMarket cap: ₹6.1bSoftTech EngineersSymbol: NSEI:SOFTTECHMarket cap: ₹5.9bDiGiSPICE TechnologiesSymbol: NSEI:DIGISPICEMarket cap: ₹4.9bIRIS RegTech SolutionsSymbol: BSE:540735Market cap: ₹5.1b価格と性能株価の高値、安値、推移の概要Subex過去の株価現在の株価₹11.6052週高値₹17.3052週安値₹6.63ベータ0.751ヶ月の変化30.34%3ヶ月変化19.10%1年変化0.086%3年間の変化-64.55%5年間の変化-81.54%IPOからの変化-66.59%最新ニュースNew Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹5.51b market cap, or US$58.0m).お知らせ • Apr 20Subex Limited to Report Q4, 2026 Results on May 12, 2026Subex Limited announced that they will report Q4, 2026 results on May 12, 2026Buy Or Sell Opportunity • Mar 02Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to ₹8.75. The fair value is estimated to be ₹11.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.06 loss in 3Q 2025)Third quarter 2026 results: EPS: ₹0.05 (up from ₹0.06 loss in 3Q 2025). Revenue: ₹750.4m (up 3.2% from 3Q 2025). Net income: ₹29.3m (up ₹61.8m from 3Q 2025). Profit margin: 3.9% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.お知らせ • Jan 13Subex Limited to Report Q3, 2026 Results on Feb 10, 2026Subex Limited announced that they will report Q3, 2026 results on Feb 10, 2026Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.011 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.05 (up from ₹0.011 in 2Q 2025). Revenue: ₹704.3m (down 5.0% from 2Q 2025). Net income: ₹28.6m (up 361% from 2Q 2025). Profit margin: 4.1% (up from 0.8% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.最新情報をもっと見るRecent updatesNew Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹5.51b market cap, or US$58.0m).お知らせ • Apr 20Subex Limited to Report Q4, 2026 Results on May 12, 2026Subex Limited announced that they will report Q4, 2026 results on May 12, 2026Buy Or Sell Opportunity • Mar 02Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to ₹8.75. The fair value is estimated to be ₹11.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.06 loss in 3Q 2025)Third quarter 2026 results: EPS: ₹0.05 (up from ₹0.06 loss in 3Q 2025). Revenue: ₹750.4m (up 3.2% from 3Q 2025). Net income: ₹29.3m (up ₹61.8m from 3Q 2025). Profit margin: 3.9% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.お知らせ • Jan 13Subex Limited to Report Q3, 2026 Results on Feb 10, 2026Subex Limited announced that they will report Q3, 2026 results on Feb 10, 2026Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.011 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.05 (up from ₹0.011 in 2Q 2025). Revenue: ₹704.3m (down 5.0% from 2Q 2025). Net income: ₹28.6m (up 361% from 2Q 2025). Profit margin: 4.1% (up from 0.8% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.お知らせ • Oct 28Subex Limited to Report Q2, 2026 Results on Nov 11, 2025Subex Limited announced that they will report Q2, 2026 results on Nov 11, 2025お知らせ • Aug 29Subex Limited, Annual General Meeting, Sep 29, 2025Subex Limited, Annual General Meeting, Sep 29, 2025, at 11:00 Indian Standard Time.Reported Earnings • Aug 12First quarter 2026 earnings released: EPS: ₹0.23 (vs ₹0.20 loss in 1Q 2025)First quarter 2026 results: EPS: ₹0.23 (up from ₹0.20 loss in 1Q 2025). Revenue: ₹822.1m (up 21% from 1Q 2025). Net income: ₹128.1m (up ₹240.2m from 1Q 2025). Profit margin: 16% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.お知らせ • Jul 22Subex Limited to Report Q1, 2026 Results on Aug 11, 2025Subex Limited announced that they will report Q1, 2026 results on Aug 11, 2025Reported Earnings • May 05Full year 2025 earnings released: ₹0.57 loss per share (vs ₹3.47 loss in FY 2024)Full year 2025 results: ₹0.57 loss per share (improved from ₹3.47 loss in FY 2024). Revenue: ₹2.93b (down 5.5% from FY 2024). Net loss: ₹314.4m (loss narrowed 84% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.New Risk • May 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹6.30b market cap, or US$74.4m).お知らせ • Apr 23Subex Limited to Report Q4, 2025 Results on May 02, 2025Subex Limited announced that they will report Q4, 2025 results on May 02, 2025New Risk • Feb 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.46b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Significant insider selling over the past 3 months (₹4.9m sold). Market cap is less than US$100m (₹8.46b market cap, or US$97.5m).Reported Earnings • Feb 13Third quarter 2025 earnings released: ₹0.06 loss per share (vs ₹0.09 loss in 3Q 2024)Third quarter 2025 results: ₹0.06 loss per share (improved from ₹0.09 loss in 3Q 2024). Revenue: ₹737.6m (down 9.9% from 3Q 2024). Net loss: ₹32.5m (loss narrowed 34% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.お知らせ • Feb 12Subex Limited Announces Appointment of Ramu Akkili as Company Secretary and Compliance OfficerSubex Limited announced that at its Board Meeting held on February 12, 2025, approved the appointment of Ramu Akkili as Company Secretary & Compliance Officer of the Company, based on the recommendation of Nomination and Remuneration Committee, with effect from February 12, 2025, who shall be the Key Managerial Personnel as per the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Ramu Akkili is a qualified Company Secretary with a postgraduate degree in Commerce. He has over 22 years of experience in the secretarial, finance, and legal domains. He has been instrumental in his previous companies in acquiring foreign entities, facilitating divestments, incorporating companies both in India and abroad, implementing robust compliance management systems, strengthening shareholder engagement, and managing critical corporate functions while ensuring cost efficiencies and upholding the highest standards of compliance & corporate governance.お知らせ • Jan 31Subex Limited to Report Q3, 2025 Results on Feb 12, 2025Subex Limited announced that they will report Q3, 2025 results on Feb 12, 2025Recent Insider Transactions • Dec 13Insider recently sold ₹1.2m worth of stockOn the 6th of December, Ashwin Menon sold around 49k shares on-market at roughly ₹25.04 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹76m more than they bought in the last 12 months.Recent Insider Transactions • Nov 28General Counsel recently sold ₹1.0m worth of stockOn the 21st of November, Bhavna Singh sold around 45k shares on-market at roughly ₹22.68 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.2m. Insiders have been net sellers, collectively disposing of ₹78m more than they bought in the last 12 months.Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.20 loss in 2Q 2024)Second quarter 2025 results: EPS: ₹0.01 (up from ₹0.20 loss in 2Q 2024). Revenue: ₹753.6m (down 1.9% from 2Q 2024). Net income: ₹6.20m (up ₹116.7m from 2Q 2024). Profit margin: 0.8% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.お知らせ • Nov 08Subex Limited Announces the Resignation of Mr. G. V. Krishnakanth as Company Secretary and Compliance Officer, Effective from November 10, 2024Subex Limited announced the resignation of Mr. G. V. Krishnakanth, Company Secretary and Compliance Officer of the Company for pursuing his career goals. The Board took note of the resignation of Mr. G. V. Krishnakanth, and he will be relieved from his duties with effect from November 10, 2024.お知らせ • Oct 31Subex Limited to Report First Half, 2025 Results on Nov 08, 2024Subex Limited announced that they will report first half, 2025 results on Nov 08, 2024New Risk • Aug 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹33m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.Recent Insider Transactions • Aug 21Insider recently sold ₹29m worth of stockOn the 19th of August, Shiva Naga Roddam sold around 948k shares on-market at roughly ₹30.46 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹83m more than they bought in the last 12 months.お知らせ • Aug 07Subex Limited Appoints Murali Kalyanaraman as an Independent Director of the CompanySubex Limited appointed Murali Kalyanaraman (DIN: 07011607) as an independent director of the company.お知らせ • Aug 01Subex Limited to Report Q1, 2025 Results on Aug 05, 2024Subex Limited announced that they will report Q1, 2025 results on Aug 05, 2024Reported Earnings • Jul 12Full year 2024 earnings released: ₹3.47 loss per share (vs ₹0.93 loss in FY 2023)Full year 2024 results: ₹3.47 loss per share (further deteriorated from ₹0.93 loss in FY 2023). Revenue: ₹3.10b (up 11% from FY 2023). Net loss: ₹1.92b (loss widened 274% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Jul 04Associate Director - Marketing recently sold ₹1.0m worth of stockOn the 28th of June, Ramya Raj sold around 35k shares on-market at roughly ₹29.68 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.9m. Insiders have been net sellers, collectively disposing of ₹61m more than they bought in the last 12 months.お知らせ • May 16Subex Limited Announces Resignation of George Zacharias as Independent DirectorSubex Limited announced cessation of Mr. George Zacharias as an Independent Director of the Company on the completion of his tenure (first term).お知らせ • May 12Subex Limited, Annual General Meeting, Aug 05, 2024Subex Limited, Annual General Meeting, Aug 05, 2024, at 11:00 Indian Standard Time.お知らせ • May 11Subex Limited Announces Board ChangesSubex Limited at the Board meeting held on May 10, 2024 approved the appointment of Ms. Nisha Dutt as an Additional Director with effect from May 10, 2024. Further, The Board appointed her as the Managing Director and Chief Executive Officer of the Company for a period of 3 (three) years with effect from May 10, 2024. Approved the appointment of Mr. Murali Kalyanaraman as an Additional Director (Category: Non-Executive, Independent) with effect from May 10, 2024, for a period of 3 (three) years with effect from May 10, 2024. Cessation of Mr. George Zacharias as an Independent Director of the Company with effect from May 12, 2024. Ms. Nisha Dutt, has over two decades of experience in consulting, advisory, Investment Banking and she has also been a technology entrepreneur. She holds a MS in Industrial Engineering from Oklahoma State University and Master's in Business Administration from Ohio University. Mr. Murali Kalyanaraman is a member of Institute of Chartered Accounts of India (ICAI) and has over three decades of experience in the field of finance. Mr. Kalyanaraman stands as a beacon of transformation in the finance sector, leveraging extensive experience to drive sustainable growth across global markets. He has worked at Tata Steel, Tata Elxsi, Tony Harris and Honeywell Technologies. Currently, he is a Managing Director & Chief Financial Officer of Indiaassetz Infrastructure. His contribution towards strategic innovation and robust financial management stands proof of his commitment to excellence and sustainable development.お知らせ • Jan 31Subex Limited to Report Q3, 2024 Results on Feb 07, 2024Subex Limited announced that they will report Q3, 2024 results on Feb 07, 2024お知らせ • Oct 05Subex Limited Announces Resignation of Shiva Shankar Naga Roddam as Chief Operating Officer, Effective from December 31, 2023Subex Limited informed that Mr. Shiva Shankar Naga Roddam vide letter dated October 3, 2023, tendered his resignation as Chief Operating Officer of the Company on account of personal reasons. The Company has accepted his resignation and he will be relieved from his duties on December 31, 2023.お知らせ • Sep 21Subex Limited Announces Resignation of Suresh Kumar Chintada as Chief Technology OfficerSubex Limited announced that Mr. Suresh Kumar Chintada resigned from his position as Chief Technology Officer of the Company on account of personal reasons with effect from close of business hours of September 19, 2023.お知らせ • Sep 06Subex Limited, Annual General Meeting, Sep 29, 2023Subex Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2023, together with the Report of the Board of Directors' and Auditors' thereon; to consider Appointment of Mr. Anil Singhvi as a Director, liable to retire by rotation, and being eligible, offers himself for re-appointment; to consider Appointment of Mr. Vinod Kumar Padmanabhan as a Non-Executive, Non-Independent Director of the Company; to appoint Mr. Rupinder Goel as an Independent Director of the Company; and to appoint Ms. Archana Muthappa as an Independent Director of the Company.お知らせ • Aug 03Subex Limited to Report Q1, 2024 Results on Aug 08, 2023Subex Limited announced that they will report Q1, 2024 results at 12:15 PM, Indian Standard Time on Aug 08, 2023お知らせ • Feb 09Subex Limited to Showcase Its AI Solutions At MWCSubex Limited announced that it will be participating in the upcoming Mobile World Congress (MWC), which will be held in Barcelona, Spain, from the 27th February - 2nd March 2023. Subex will be present in Booth #5D81 in Hall 5. At MWC, Subex will showcase its award-winning platform, HyperSense AI, and its capabilities to cover many AI-related use cases. Towards this, Subex will demonstrate its HyperSense AI-led solutions to drive growth, protect revenues, enhance profitability, optimize Capex and expand digital service offerings. Subex will also showcase the Machine Learning Operations (MLOps) capabilities of HyperSense AI to help data scientists and experts build Machine Learning models with larger scale, productivity, and efficiency while sustaining the model quality. The platform accelerates the time to get models production-ready, reducing human errors and driving AI at scale. In addition, Subex will unveil their "AI Trust Calculator" an auditing tool that measures and quantifies "Trust" on key pillars of the HyperSense AI framework, such as Technical Robustness, Model Transparency, Model Safety, Security & Privacy, and AI Trust Score. The company will also share examples of how AI-led process automation can be used to manage energy consumption leading to a reduction in carbon emissions.お知らせ • Jan 26Subex Limited to Report Q3, 2023 Results on Feb 03, 2023Subex Limited announced that they will report Q3, 2023 results on Feb 03, 2023お知らせ • Sep 28Subex Limited Announces Cancellation of Global Depositary ReceiptsAt the request of Subex Limited, Global Depositary Receipts (each representing 1 Ordinary Share of INR 10.00 each), fully paid, (Rule 144A) and GDR (EACH REPR 1 ORD INR10.00)(REGS), have been cancelled from admission to trading on London Stock Exchange with effect from 08:00 on September 26, 2022.Recent Insider Transactions • Jun 26Head of Global Support recently sold ₹2.3m worth of stockOn the 23rd of June, Renji George sold around 100k shares on-market at roughly ₹22.61 per share. In the last 3 months, they made an even bigger sale worth ₹3.2m. Insiders have been net sellers, collectively disposing of ₹125m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹22.35, the stock trades at a trailing P/E ratio of 57.7x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 233% over the past three years.Reported Earnings • Jun 03Full year 2022 earnings released: EPS: ₹0.38 (vs ₹0.96 in FY 2021)Full year 2022 results: EPS: ₹0.38 (down from ₹0.96 in FY 2021). Revenue: ₹3.33b (down 10% from FY 2021). Net income: ₹209.9m (down 59% from FY 2021). Profit margin: 6.3% (down from 14% in FY 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₹39.00, the stock trades at a trailing P/E ratio of 58.8x. Average trailing P/E is 35x in the Software industry in India. Total returns to shareholders of 590% over the past three years.Recent Insider Transactions • Mar 23Insider recently sold ₹3.5m worth of stockOn the 17th of March, Panchanan Pradhan sold around 100k shares on-market at roughly ₹35.36 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.5m. Insiders have been net sellers, collectively disposing of ₹203m more than they bought in the last 12 months.Recent Insider Transactions • Mar 12Head of Product & Strategy recently sold ₹3.8m worth of stockOn the 10th of March, Rohit Maheshwari sold around 100k shares on-market at roughly ₹38.01 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹198m more than they bought in the last 12 months.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹36.10, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 572% over the past three years.Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.04 (down from ₹0.16 in 3Q 2021). Revenue: ₹877.4m (down 6.5% from 3Q 2021). Net income: ₹20.8m (down 76% from 3Q 2021). Profit margin: 2.4% (down from 9.3% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Jan 01Insider recently sold ₹5.4m worth of stockOn the 30th of December, Mohan Sitharam sold around 100k shares on-market at roughly ₹53.83 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹182m more than they bought in the last 12 months.Recent Insider Transactions • Dec 12Insider recently sold ₹5.3m worth of stockOn the 10th of December, Panchanan Pradhan sold around 100k shares on-market at roughly ₹53.15 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹156m more than they bought in the last 12 months.Recent Insider Transactions • Nov 16Senior VP & CFO recently sold ₹5.3m worth of stockOn the 12th of November, G. Venkatraman sold around 100k shares on-market at roughly ₹52.71 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. G. has been a seller over the last 12 months, reducing personal holdings by ₹22m.Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS ₹0.09 (vs ₹0.23 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹863.0m (down 7.5% from 2Q 2021). Net income: ₹48.2m (down 61% from 2Q 2021). Profit margin: 5.6% (down from 13% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 93% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₹42.45, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 28x in the Software industry in India. Total returns to shareholders of 641% over the past three years.Recent Insider Transactions • Sep 28Insider recently sold ₹5.2m worth of stockOn the 23rd of September, Sherrin Renji sold around 100k shares on-market at roughly ₹52.05 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹111m more than they bought in the last 12 months.Recent Insider Transactions • Sep 17Head of Product & Strategy recently sold ₹5.7m worth of stockOn the 16th of September, Rohit Maheshwari sold around 100k shares on-market at roughly ₹57.06 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.1m. Insiders have been net sellers, collectively disposing of ₹105m more than they bought in the last 12 months.Recent Insider Transactions • Sep 03Senior VP & CFO recently sold ₹5.2m worth of stockOn the 1st of September, G. Venkatraman sold around 100k shares on-market at roughly ₹51.82 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.1m. G. has been a seller over the last 12 months, reducing personal holdings by ₹22m.Recent Insider Transactions • Aug 18VP & Global Head - Managed Services recently sold ₹1.4m worth of stockOn the 12th of August, Anshuman Saha sold around 25k shares on-market at roughly ₹56.41 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹89m more than they bought in the last 12 months.Reported Earnings • Aug 11First quarter 2022 earnings released: EPS ₹0.25 (vs ₹0.28 in 1Q 2021)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: ₹806.0m (down 9.1% from 1Q 2021). Net income: ₹134.8m (down 11% from 1Q 2021). Profit margin: 17% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 109% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹68.60, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 1,179% over the past three years.Upcoming Dividend • Jun 24Upcoming dividend of ₹0.25 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 07 August 2021. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.1%).Reported Earnings • Jun 19Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.72b (up 1.9% from FY 2020). Net income: ₹517.2m (up ₹3.21b from FY 2020). Profit margin: 14% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 190 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Jun 08Head of Product & Strategy recently sold ₹10m worth of stockOn the 3rd of June, Rohit Maheshwari sold around 175k shares on-market at roughly ₹58.50 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹53m more than they bought in the last 12 months.Recent Insider Transactions • May 28Chief Financial Officer recently sold ₹6.0m worth of stockOn the 25th of May, G. Venkatraman sold around 100k shares on-market at roughly ₹60.00 per share. This was the largest sale by an insider in the last 3 months. G. has been a seller over the last 12 months, reducing personal holdings by ₹7.4m.Reported Earnings • May 18Full year 2021 earnings released: EPS ₹0.96 (vs ₹4.94 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.77b (up 3.2% from FY 2020). Net income: ₹517.2m (up ₹3.21b from FY 2020). Profit margin: 14% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 114% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹64.70, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 19x in the Software industry in India. Total returns to shareholders of 891% over the past three years.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹52.20, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 16x in the Software industry in India. Total returns to shareholders of 612% over the past three years.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹45.05, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 17x in the Software industry in India. Total returns to shareholders of 461% over the past three years.Is New 90 Day High Low • Mar 06New 90-day high: ₹32.55The company is up 7.0% from its price of ₹30.55 on 04 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 25% over the same period.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹32.55, the stock is trading at a trailing P/E ratio of 25.8x, up from the previous P/E ratio of 22x. This compares to an average P/E of 18x in the Software industry in India. Total returns to shareholders over the past three years are 304%.Recent Insider Transactions • Feb 27Chief Financial Officer recently sold ₹1.4m worth of stockOn the 25th of February, G. Venkatraman sold around 50k shares on-market at roughly ₹27.81 per share. This was the largest sale by an insider in the last 3 months. This was G.'s only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹29.40, the stock is trading at a trailing P/E ratio of 23.3x, up from the previous P/E ratio of 19.5x. This compares to an average P/E of 15x in the Software industry in India. Total returns to shareholders over the past three years are 227%.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS ₹0.16 (vs ₹5.77 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹949.4m (down 1.2% from 3Q 2020). Net income: ₹87.1m (up ₹3.21b from 3Q 2020). Profit margin: 9.2% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Dec 08New 90-day high: ₹32.20The company is up 214% from its price of ₹10.24 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 30% over the same period.Reported Earnings • Nov 10Second quarter 2021 earnings released: EPS ₹0.23The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹942.9m (up 10% from 2Q 2020). Net income: ₹122.5m (up 94% from 2Q 2020). Profit margin: 13% (up from 7.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 83% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 07New 90-day high: ₹19.45The company is up 85% from its price of ₹10.49 on 07 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 25% over the same period.Is New 90 Day High Low • Oct 16New 90-day high: ₹15.24The company is up 93% from its price of ₹7.91 on 17 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 36% over the same period.Is New 90 Day High Low • Sep 28New 90-day high: ₹12.39The company is up 46% from its price of ₹8.47 on 30 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 38% over the same period.株主還元532348IN SoftwareIN 市場7D24.1%1.7%2.1%1Y0.09%-6.6%8.1%株主還元を見る業界別リターン: 532348過去 1 年間で-6.6 % の収益を上げたIndian Software業界を上回りました。リターン対市場: 532348は、過去 1 年間で8.1 % のリターンを上げたIndian市場を下回りました。価格変動Is 532348's price volatile compared to industry and market?532348 volatility532348 Average Weekly Movement9.1%Software Industry Average Movement7.8%Market Average Movement7.1%10% most volatile stocks in IN Market10.2%10% least volatile stocks in IN Market4.7%安定した株価: 532348の株価は、 Indian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 532348の weekly volatility ( 9% ) は過去 1 年間安定していますが、依然としてIndianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1992731Nisha Duttwww.subex.comスベックス社は、世界中の通信サービス・プロバイダー（CSP）にオペレーションとビジネス・サポート・システムを提供している。同社は、様々なサービスにおける不正行為に対処するソリューション「Fraud Management」、ネットワークとコンポーネントを保護するためのソリューション、サービス、コンサルティングを提供する「Network Security」、ビジネスモデルの収益を保証するアクティブ・リスク・インテリジェンス・ソリューション「Business Assurance」、通信サービスプロバイダーとそのパートナー間のコラボレーションを可能にし、デジタルおよび従来のパートナーシップを管理するプラットフォーム「Partner Ecosystem Management」、ネットワーク投資のためのソリューション「Network Analytics」を提供している。また、セキュアなサービスのためのIoTソリューション、人工知能ベースの異常検知ソリューション、マネージドサービスやビジネスコンサルティングサービスも提供している。同社は1992年に設立され、インドのベンガルールを拠点としている。もっと見るSubex Limited 基礎のまとめSubex の収益と売上を時価総額と比較するとどうか。532348 基礎統計学時価総額₹6.43b収益（TTM）₹10.00m売上高(TTM)₹2.77b642.9xPER（株価収益率2.3xP/Sレシオ532348 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計532348 損益計算書（TTM）収益₹2.77b売上原価₹160.50m売上総利益₹2.61bその他の費用₹2.60b収益₹10.00m直近の収益報告Dec 31, 2025次回決算日May 12, 2026一株当たり利益（EPS）0.018グロス・マージン94.20%純利益率0.36%有利子負債／自己資本比率9.2%532348 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 16:12終値2026/05/08 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Subex Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Featured narrative•Software opportunityZenaTechabout 2 months ago author updated this narrativeJOFair Value from Jolt_CommunicationsUS$6.8569.3% 割安 内在価値ディスカウントZenaTech: A big bet on the rise of AI drones and drones-as-a-serviceKey Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Read full narrative3.2kusers have viewed this narrative9users have liked this narrative0users have commented on this narrative77users have followed this narrativeRead narrative
New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹5.51b market cap, or US$58.0m).
お知らせ • Apr 20Subex Limited to Report Q4, 2026 Results on May 12, 2026Subex Limited announced that they will report Q4, 2026 results on May 12, 2026
Buy Or Sell Opportunity • Mar 02Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to ₹8.75. The fair value is estimated to be ₹11.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.06 loss in 3Q 2025)Third quarter 2026 results: EPS: ₹0.05 (up from ₹0.06 loss in 3Q 2025). Revenue: ₹750.4m (up 3.2% from 3Q 2025). Net income: ₹29.3m (up ₹61.8m from 3Q 2025). Profit margin: 3.9% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
お知らせ • Jan 13Subex Limited to Report Q3, 2026 Results on Feb 10, 2026Subex Limited announced that they will report Q3, 2026 results on Feb 10, 2026
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.011 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.05 (up from ₹0.011 in 2Q 2025). Revenue: ₹704.3m (down 5.0% from 2Q 2025). Net income: ₹28.6m (up 361% from 2Q 2025). Profit margin: 4.1% (up from 0.8% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
New Risk • May 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹5.51b market cap, or US$58.0m).
お知らせ • Apr 20Subex Limited to Report Q4, 2026 Results on May 12, 2026Subex Limited announced that they will report Q4, 2026 results on May 12, 2026
Buy Or Sell Opportunity • Mar 02Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to ₹8.75. The fair value is estimated to be ₹11.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.06 loss in 3Q 2025)Third quarter 2026 results: EPS: ₹0.05 (up from ₹0.06 loss in 3Q 2025). Revenue: ₹750.4m (up 3.2% from 3Q 2025). Net income: ₹29.3m (up ₹61.8m from 3Q 2025). Profit margin: 3.9% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
お知らせ • Jan 13Subex Limited to Report Q3, 2026 Results on Feb 10, 2026Subex Limited announced that they will report Q3, 2026 results on Feb 10, 2026
Reported Earnings • Nov 12Second quarter 2026 earnings released: EPS: ₹0.05 (vs ₹0.011 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.05 (up from ₹0.011 in 2Q 2025). Revenue: ₹704.3m (down 5.0% from 2Q 2025). Net income: ₹28.6m (up 361% from 2Q 2025). Profit margin: 4.1% (up from 0.8% in 2Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
お知らせ • Oct 28Subex Limited to Report Q2, 2026 Results on Nov 11, 2025Subex Limited announced that they will report Q2, 2026 results on Nov 11, 2025
お知らせ • Aug 29Subex Limited, Annual General Meeting, Sep 29, 2025Subex Limited, Annual General Meeting, Sep 29, 2025, at 11:00 Indian Standard Time.
Reported Earnings • Aug 12First quarter 2026 earnings released: EPS: ₹0.23 (vs ₹0.20 loss in 1Q 2025)First quarter 2026 results: EPS: ₹0.23 (up from ₹0.20 loss in 1Q 2025). Revenue: ₹822.1m (up 21% from 1Q 2025). Net income: ₹128.1m (up ₹240.2m from 1Q 2025). Profit margin: 16% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 22Subex Limited to Report Q1, 2026 Results on Aug 11, 2025Subex Limited announced that they will report Q1, 2026 results on Aug 11, 2025
Reported Earnings • May 05Full year 2025 earnings released: ₹0.57 loss per share (vs ₹3.47 loss in FY 2024)Full year 2025 results: ₹0.57 loss per share (improved from ₹3.47 loss in FY 2024). Revenue: ₹2.93b (down 5.5% from FY 2024). Net loss: ₹314.4m (loss narrowed 84% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
New Risk • May 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹6.30b market cap, or US$74.4m).
お知らせ • Apr 23Subex Limited to Report Q4, 2025 Results on May 02, 2025Subex Limited announced that they will report Q4, 2025 results on May 02, 2025
New Risk • Feb 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹8.46b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Significant insider selling over the past 3 months (₹4.9m sold). Market cap is less than US$100m (₹8.46b market cap, or US$97.5m).
Reported Earnings • Feb 13Third quarter 2025 earnings released: ₹0.06 loss per share (vs ₹0.09 loss in 3Q 2024)Third quarter 2025 results: ₹0.06 loss per share (improved from ₹0.09 loss in 3Q 2024). Revenue: ₹737.6m (down 9.9% from 3Q 2024). Net loss: ₹32.5m (loss narrowed 34% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 12Subex Limited Announces Appointment of Ramu Akkili as Company Secretary and Compliance OfficerSubex Limited announced that at its Board Meeting held on February 12, 2025, approved the appointment of Ramu Akkili as Company Secretary & Compliance Officer of the Company, based on the recommendation of Nomination and Remuneration Committee, with effect from February 12, 2025, who shall be the Key Managerial Personnel as per the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Ramu Akkili is a qualified Company Secretary with a postgraduate degree in Commerce. He has over 22 years of experience in the secretarial, finance, and legal domains. He has been instrumental in his previous companies in acquiring foreign entities, facilitating divestments, incorporating companies both in India and abroad, implementing robust compliance management systems, strengthening shareholder engagement, and managing critical corporate functions while ensuring cost efficiencies and upholding the highest standards of compliance & corporate governance.
お知らせ • Jan 31Subex Limited to Report Q3, 2025 Results on Feb 12, 2025Subex Limited announced that they will report Q3, 2025 results on Feb 12, 2025
Recent Insider Transactions • Dec 13Insider recently sold ₹1.2m worth of stockOn the 6th of December, Ashwin Menon sold around 49k shares on-market at roughly ₹25.04 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹76m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 28General Counsel recently sold ₹1.0m worth of stockOn the 21st of November, Bhavna Singh sold around 45k shares on-market at roughly ₹22.68 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.2m. Insiders have been net sellers, collectively disposing of ₹78m more than they bought in the last 12 months.
Reported Earnings • Nov 09Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.20 loss in 2Q 2024)Second quarter 2025 results: EPS: ₹0.01 (up from ₹0.20 loss in 2Q 2024). Revenue: ₹753.6m (down 1.9% from 2Q 2024). Net income: ₹6.20m (up ₹116.7m from 2Q 2024). Profit margin: 0.8% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 08Subex Limited Announces the Resignation of Mr. G. V. Krishnakanth as Company Secretary and Compliance Officer, Effective from November 10, 2024Subex Limited announced the resignation of Mr. G. V. Krishnakanth, Company Secretary and Compliance Officer of the Company for pursuing his career goals. The Board took note of the resignation of Mr. G. V. Krishnakanth, and he will be relieved from his duties with effect from November 10, 2024.
お知らせ • Oct 31Subex Limited to Report First Half, 2025 Results on Nov 08, 2024Subex Limited announced that they will report first half, 2025 results on Nov 08, 2024
New Risk • Aug 21New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₹33m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company.
Recent Insider Transactions • Aug 21Insider recently sold ₹29m worth of stockOn the 19th of August, Shiva Naga Roddam sold around 948k shares on-market at roughly ₹30.46 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹83m more than they bought in the last 12 months.
お知らせ • Aug 07Subex Limited Appoints Murali Kalyanaraman as an Independent Director of the CompanySubex Limited appointed Murali Kalyanaraman (DIN: 07011607) as an independent director of the company.
お知らせ • Aug 01Subex Limited to Report Q1, 2025 Results on Aug 05, 2024Subex Limited announced that they will report Q1, 2025 results on Aug 05, 2024
Reported Earnings • Jul 12Full year 2024 earnings released: ₹3.47 loss per share (vs ₹0.93 loss in FY 2023)Full year 2024 results: ₹3.47 loss per share (further deteriorated from ₹0.93 loss in FY 2023). Revenue: ₹3.10b (up 11% from FY 2023). Net loss: ₹1.92b (loss widened 274% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Jul 04Associate Director - Marketing recently sold ₹1.0m worth of stockOn the 28th of June, Ramya Raj sold around 35k shares on-market at roughly ₹29.68 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.9m. Insiders have been net sellers, collectively disposing of ₹61m more than they bought in the last 12 months.
お知らせ • May 16Subex Limited Announces Resignation of George Zacharias as Independent DirectorSubex Limited announced cessation of Mr. George Zacharias as an Independent Director of the Company on the completion of his tenure (first term).
お知らせ • May 12Subex Limited, Annual General Meeting, Aug 05, 2024Subex Limited, Annual General Meeting, Aug 05, 2024, at 11:00 Indian Standard Time.
お知らせ • May 11Subex Limited Announces Board ChangesSubex Limited at the Board meeting held on May 10, 2024 approved the appointment of Ms. Nisha Dutt as an Additional Director with effect from May 10, 2024. Further, The Board appointed her as the Managing Director and Chief Executive Officer of the Company for a period of 3 (three) years with effect from May 10, 2024. Approved the appointment of Mr. Murali Kalyanaraman as an Additional Director (Category: Non-Executive, Independent) with effect from May 10, 2024, for a period of 3 (three) years with effect from May 10, 2024. Cessation of Mr. George Zacharias as an Independent Director of the Company with effect from May 12, 2024. Ms. Nisha Dutt, has over two decades of experience in consulting, advisory, Investment Banking and she has also been a technology entrepreneur. She holds a MS in Industrial Engineering from Oklahoma State University and Master's in Business Administration from Ohio University. Mr. Murali Kalyanaraman is a member of Institute of Chartered Accounts of India (ICAI) and has over three decades of experience in the field of finance. Mr. Kalyanaraman stands as a beacon of transformation in the finance sector, leveraging extensive experience to drive sustainable growth across global markets. He has worked at Tata Steel, Tata Elxsi, Tony Harris and Honeywell Technologies. Currently, he is a Managing Director & Chief Financial Officer of Indiaassetz Infrastructure. His contribution towards strategic innovation and robust financial management stands proof of his commitment to excellence and sustainable development.
お知らせ • Jan 31Subex Limited to Report Q3, 2024 Results on Feb 07, 2024Subex Limited announced that they will report Q3, 2024 results on Feb 07, 2024
お知らせ • Oct 05Subex Limited Announces Resignation of Shiva Shankar Naga Roddam as Chief Operating Officer, Effective from December 31, 2023Subex Limited informed that Mr. Shiva Shankar Naga Roddam vide letter dated October 3, 2023, tendered his resignation as Chief Operating Officer of the Company on account of personal reasons. The Company has accepted his resignation and he will be relieved from his duties on December 31, 2023.
お知らせ • Sep 21Subex Limited Announces Resignation of Suresh Kumar Chintada as Chief Technology OfficerSubex Limited announced that Mr. Suresh Kumar Chintada resigned from his position as Chief Technology Officer of the Company on account of personal reasons with effect from close of business hours of September 19, 2023.
お知らせ • Sep 06Subex Limited, Annual General Meeting, Sep 29, 2023Subex Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) for the financial year ended March 31, 2023, together with the Report of the Board of Directors' and Auditors' thereon; to consider Appointment of Mr. Anil Singhvi as a Director, liable to retire by rotation, and being eligible, offers himself for re-appointment; to consider Appointment of Mr. Vinod Kumar Padmanabhan as a Non-Executive, Non-Independent Director of the Company; to appoint Mr. Rupinder Goel as an Independent Director of the Company; and to appoint Ms. Archana Muthappa as an Independent Director of the Company.
お知らせ • Aug 03Subex Limited to Report Q1, 2024 Results on Aug 08, 2023Subex Limited announced that they will report Q1, 2024 results at 12:15 PM, Indian Standard Time on Aug 08, 2023
お知らせ • Feb 09Subex Limited to Showcase Its AI Solutions At MWCSubex Limited announced that it will be participating in the upcoming Mobile World Congress (MWC), which will be held in Barcelona, Spain, from the 27th February - 2nd March 2023. Subex will be present in Booth #5D81 in Hall 5. At MWC, Subex will showcase its award-winning platform, HyperSense AI, and its capabilities to cover many AI-related use cases. Towards this, Subex will demonstrate its HyperSense AI-led solutions to drive growth, protect revenues, enhance profitability, optimize Capex and expand digital service offerings. Subex will also showcase the Machine Learning Operations (MLOps) capabilities of HyperSense AI to help data scientists and experts build Machine Learning models with larger scale, productivity, and efficiency while sustaining the model quality. The platform accelerates the time to get models production-ready, reducing human errors and driving AI at scale. In addition, Subex will unveil their "AI Trust Calculator" an auditing tool that measures and quantifies "Trust" on key pillars of the HyperSense AI framework, such as Technical Robustness, Model Transparency, Model Safety, Security & Privacy, and AI Trust Score. The company will also share examples of how AI-led process automation can be used to manage energy consumption leading to a reduction in carbon emissions.
お知らせ • Jan 26Subex Limited to Report Q3, 2023 Results on Feb 03, 2023Subex Limited announced that they will report Q3, 2023 results on Feb 03, 2023
お知らせ • Sep 28Subex Limited Announces Cancellation of Global Depositary ReceiptsAt the request of Subex Limited, Global Depositary Receipts (each representing 1 Ordinary Share of INR 10.00 each), fully paid, (Rule 144A) and GDR (EACH REPR 1 ORD INR10.00)(REGS), have been cancelled from admission to trading on London Stock Exchange with effect from 08:00 on September 26, 2022.
Recent Insider Transactions • Jun 26Head of Global Support recently sold ₹2.3m worth of stockOn the 23rd of June, Renji George sold around 100k shares on-market at roughly ₹22.61 per share. In the last 3 months, they made an even bigger sale worth ₹3.2m. Insiders have been net sellers, collectively disposing of ₹125m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹22.35, the stock trades at a trailing P/E ratio of 57.7x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 233% over the past three years.
Reported Earnings • Jun 03Full year 2022 earnings released: EPS: ₹0.38 (vs ₹0.96 in FY 2021)Full year 2022 results: EPS: ₹0.38 (down from ₹0.96 in FY 2021). Revenue: ₹3.33b (down 10% from FY 2021). Net income: ₹209.9m (down 59% from FY 2021). Profit margin: 6.3% (down from 14% in FY 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₹39.00, the stock trades at a trailing P/E ratio of 58.8x. Average trailing P/E is 35x in the Software industry in India. Total returns to shareholders of 590% over the past three years.
Recent Insider Transactions • Mar 23Insider recently sold ₹3.5m worth of stockOn the 17th of March, Panchanan Pradhan sold around 100k shares on-market at roughly ₹35.36 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.5m. Insiders have been net sellers, collectively disposing of ₹203m more than they bought in the last 12 months.
Recent Insider Transactions • Mar 12Head of Product & Strategy recently sold ₹3.8m worth of stockOn the 10th of March, Rohit Maheshwari sold around 100k shares on-market at roughly ₹38.01 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹198m more than they bought in the last 12 months.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₹36.10, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 572% over the past three years.
Reported Earnings • Feb 02Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹0.04 (down from ₹0.16 in 3Q 2021). Revenue: ₹877.4m (down 6.5% from 3Q 2021). Net income: ₹20.8m (down 76% from 3Q 2021). Profit margin: 2.4% (down from 9.3% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Jan 01Insider recently sold ₹5.4m worth of stockOn the 30th of December, Mohan Sitharam sold around 100k shares on-market at roughly ₹53.83 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹182m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 12Insider recently sold ₹5.3m worth of stockOn the 10th of December, Panchanan Pradhan sold around 100k shares on-market at roughly ₹53.15 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹156m more than they bought in the last 12 months.
Recent Insider Transactions • Nov 16Senior VP & CFO recently sold ₹5.3m worth of stockOn the 12th of November, G. Venkatraman sold around 100k shares on-market at roughly ₹52.71 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. G. has been a seller over the last 12 months, reducing personal holdings by ₹22m.
Reported Earnings • Nov 03Second quarter 2022 earnings released: EPS ₹0.09 (vs ₹0.23 in 2Q 2021)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹863.0m (down 7.5% from 2Q 2021). Net income: ₹48.2m (down 61% from 2Q 2021). Profit margin: 5.6% (down from 13% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 93% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₹42.45, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 28x in the Software industry in India. Total returns to shareholders of 641% over the past three years.
Recent Insider Transactions • Sep 28Insider recently sold ₹5.2m worth of stockOn the 23rd of September, Sherrin Renji sold around 100k shares on-market at roughly ₹52.05 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹5.7m. Insiders have been net sellers, collectively disposing of ₹111m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 17Head of Product & Strategy recently sold ₹5.7m worth of stockOn the 16th of September, Rohit Maheshwari sold around 100k shares on-market at roughly ₹57.06 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.1m. Insiders have been net sellers, collectively disposing of ₹105m more than they bought in the last 12 months.
Recent Insider Transactions • Sep 03Senior VP & CFO recently sold ₹5.2m worth of stockOn the 1st of September, G. Venkatraman sold around 100k shares on-market at roughly ₹51.82 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹6.1m. G. has been a seller over the last 12 months, reducing personal holdings by ₹22m.
Recent Insider Transactions • Aug 18VP & Global Head - Managed Services recently sold ₹1.4m worth of stockOn the 12th of August, Anshuman Saha sold around 25k shares on-market at roughly ₹56.41 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹89m more than they bought in the last 12 months.
Reported Earnings • Aug 11First quarter 2022 earnings released: EPS ₹0.25 (vs ₹0.28 in 1Q 2021)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: ₹806.0m (down 9.1% from 1Q 2021). Net income: ₹134.8m (down 11% from 1Q 2021). Profit margin: 17% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 109% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹68.60, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 27x in the Software industry in India. Total returns to shareholders of 1,179% over the past three years.
Upcoming Dividend • Jun 24Upcoming dividend of ₹0.25 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 07 August 2021. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (2.1%).
Reported Earnings • Jun 19Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.72b (up 1.9% from FY 2020). Net income: ₹517.2m (up ₹3.21b from FY 2020). Profit margin: 14% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 190 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Jun 08Head of Product & Strategy recently sold ₹10m worth of stockOn the 3rd of June, Rohit Maheshwari sold around 175k shares on-market at roughly ₹58.50 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹15m. Insiders have been net sellers, collectively disposing of ₹53m more than they bought in the last 12 months.
Recent Insider Transactions • May 28Chief Financial Officer recently sold ₹6.0m worth of stockOn the 25th of May, G. Venkatraman sold around 100k shares on-market at roughly ₹60.00 per share. This was the largest sale by an insider in the last 3 months. G. has been a seller over the last 12 months, reducing personal holdings by ₹7.4m.
Reported Earnings • May 18Full year 2021 earnings released: EPS ₹0.96 (vs ₹4.94 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹3.77b (up 3.2% from FY 2020). Net income: ₹517.2m (up ₹3.21b from FY 2020). Profit margin: 14% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 114% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹64.70, the stock trades at a trailing P/E ratio of 51.3x. Average trailing P/E is 19x in the Software industry in India. Total returns to shareholders of 891% over the past three years.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹52.20, the stock trades at a trailing P/E ratio of 41.4x. Average trailing P/E is 16x in the Software industry in India. Total returns to shareholders of 612% over the past three years.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₹45.05, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 17x in the Software industry in India. Total returns to shareholders of 461% over the past three years.
Is New 90 Day High Low • Mar 06New 90-day high: ₹32.55The company is up 7.0% from its price of ₹30.55 on 04 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 25% over the same period.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹32.55, the stock is trading at a trailing P/E ratio of 25.8x, up from the previous P/E ratio of 22x. This compares to an average P/E of 18x in the Software industry in India. Total returns to shareholders over the past three years are 304%.
Recent Insider Transactions • Feb 27Chief Financial Officer recently sold ₹1.4m worth of stockOn the 25th of February, G. Venkatraman sold around 50k shares on-market at roughly ₹27.81 per share. This was the largest sale by an insider in the last 3 months. This was G.'s only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹29.40, the stock is trading at a trailing P/E ratio of 23.3x, up from the previous P/E ratio of 19.5x. This compares to an average P/E of 15x in the Software industry in India. Total returns to shareholders over the past three years are 227%.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS ₹0.16 (vs ₹5.77 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹949.4m (down 1.2% from 3Q 2020). Net income: ₹87.1m (up ₹3.21b from 3Q 2020). Profit margin: 9.2% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 64% per year but the company’s share price has increased by 46% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Dec 08New 90-day high: ₹32.20The company is up 214% from its price of ₹10.24 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 30% over the same period.
Reported Earnings • Nov 10Second quarter 2021 earnings released: EPS ₹0.23The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹942.9m (up 10% from 2Q 2020). Net income: ₹122.5m (up 94% from 2Q 2020). Profit margin: 13% (up from 7.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 83% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 07New 90-day high: ₹19.45The company is up 85% from its price of ₹10.49 on 07 August 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 25% over the same period.
Is New 90 Day High Low • Oct 16New 90-day high: ₹15.24The company is up 93% from its price of ₹7.91 on 17 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 36% over the same period.
Is New 90 Day High Low • Sep 28New 90-day high: ₹12.39The company is up 46% from its price of ₹8.47 on 30 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 38% over the same period.
