How does SUBEXLTD's PS Ratio compare to its peers?

SUBEXLTD is good value based on its Price-To-Sales Ratio (4.4x) compared to the peer average (14.1x).

How does SUBEXLTD's PS Ratio compare vs other companies in the IN Software Industry?

SUBEXLTD is good value based on its Price-To-Sales Ratio (4.4x) compared to the Indian Software industry average (5.7x).

What is SUBEXLTD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate SUBEXLTD's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of SUBEXLTD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate SUBEXLTD's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Subex (NSEI:SUBEXLTD) - Stock Price, News & Analysis

SUBEXLTD Stock Overview

Provides operations and business support systems to communication service providers (CSPs) worldwide. More details

SUBEXLTD fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

No risks detected for SUBEXLTD from our risk checks.

Subex Limited Competitors

Veefin Solutions

BSE:543931

₹12.4b

Unicommerce eSolutions

NSEI:UNIECOM

₹18.4b

OnMobile Global

NSEI:ONMOBILE

₹8.2b

InfoBeans Technologies

NSEI:INFOBEAN

₹10.5b

Price History & Performance

Summary of all time highs, changes and price drops for Subex
Historical stock prices
Current Share Price	₹24.61
52 Week High	₹45.80
52 Week Low	₹21.99
Beta	1.3
11 Month Change	7.37%
3 Month Change	-18.40%
1 Year Change	-21.75%
33 Year Change	-50.73%
5 Year Change	328.00%
Change since IPO	-89.01%

Subex Limited's (NSE:SUBEXLTD) Business And Shares Still Trailing The Industry

Oct 23

Recent updates

This Is The Reason Why We Think Subex Limited's (NSE:SUBEXLTD) CEO Might Be Underpaid

Jul 02

Can You Imagine How Elated Subex's (NSE:SUBEXLTD) Shareholders Feel About Its 752% Share Price Gain?

Mar 17

Can Mixed Fundamentals Have A Negative Impact on Subex Limited (NSE:SUBEXLTD) Current Share Price Momentum?

Feb 09

What Can We Conclude About Subex's (NSE:SUBEXLTD) CEO Pay?

Jan 19

Is Subex (NSE:SUBEXLTD) A Future Multi-bagger?

Dec 15

Is Subex's (NSE:SUBEXLTD) Share Price Gain Of 258% Well Earned?

Nov 10

How Should Investors Feel About Subex's (NSE:SUBEX) CEO Remuneration?

Oct 08

Estimating The Intrinsic Value Of Subex Limited (NSE:SUBEX)

Sep 11

We're Watching These Trends At Subex (NSE:SUBEX)

Aug 04

Shareholder Returns

	SUBEXLTD	IN Software	IN Market
7D	6.0%	5.1%	2.9%
1Y	-21.7%	29.9%	28.9%

Return vs Industry: SUBEXLTD underperformed the Indian Software industry which returned 29.9% over the past year.

Return vs Market: SUBEXLTD underperformed the Indian Market which returned 28.9% over the past year.

Price Volatility

Is SUBEXLTD's price volatile compared to industry and market?
SUBEXLTD volatility
SUBEXLTD Average Weekly Movement	5.4%
Software Industry Average Movement	6.3%
Market Average Movement	6.1%
10% most volatile stocks in IN Market	9.0%
10% least volatile stocks in IN Market	4.0%

Stable Share Price: SUBEXLTD has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: SUBEXLTD's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	828	Nisha Dutt	www.subex.com

Subex Limited provides operations and business support systems to communication service providers (CSPs) worldwide. The company offers Fraud Management, a solution to address frauds across various services; Network Security, a suite offers solutions, services, and consulting to secure networks and the components; Business Assurance, an active risk intelligence solution that assures revenues for business models; Partner Ecosystem Management, a platform that enables collaboration between communication services providers and their partners to manage digital and traditional partnerships; and Network Analytics, a solution for network investments. It also provides IoT solutions for secure services; and artificial intelligence based anomaly detection solutions, as well as managed and business consulting services.

Subex Limited Fundamentals Summary

How do Subex's earnings and revenue compare to its market cap?
SUBEXLTD fundamental statistics
Market cap	₹13.65b
Earnings (TTM)	-₹1.72b
Revenue (TTM)	₹3.08b

4.4x

P/S Ratio

-7.9x

P/E Ratio

Is SUBEXLTD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SUBEXLTD income statement (TTM)
Revenue	₹3.08b
Cost of Revenue	₹145.70m
Gross Profit	₹2.93b
Other Expenses	₹4.65b
Earnings	-₹1.72b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-3.10
Gross Margin	95.27%
Net Profit Margin	-55.85%
Debt/Equity Ratio	0%

How did SUBEXLTD perform over the long term?

See historical performance and comparison

SUBEXLTD Stock Overview

Risk Analysis

Subex Limited Competitors

BSE:543931

₹12.4b

NSEI:UNIECOM

₹18.4b

NSEI:ONMOBILE

₹8.2b

NSEI:INFOBEAN

₹10.5b

Price History & Performance

Recent News & Updates

General Counsel recently sold ₹1.0m worth of stock

Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.20 loss in 2Q 2024)

Subex Limited Announces the Resignation of Mr. G. V. Krishnakanth as Company Secretary and Compliance Officer, Effective from November 10, 2024

Subex Limited to Report First Half, 2025 Results on Nov 08, 2024

Subex Limited's (NSE:SUBEXLTD) Business And Shares Still Trailing The Industry

Insider recently sold ₹29m worth of stock

Recent updates

General Counsel recently sold ₹1.0m worth of stock

Second quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.20 loss in 2Q 2024)

Subex Limited Announces the Resignation of Mr. G. V. Krishnakanth as Company Secretary and Compliance Officer, Effective from November 10, 2024

Subex Limited to Report First Half, 2025 Results on Nov 08, 2024

Subex Limited's (NSE:SUBEXLTD) Business And Shares Still Trailing The Industry

Insider recently sold ₹29m worth of stock

Subex Limited Appoints Murali Kalyanaraman as an Independent Director of the Company

Subex Limited to Report Q1, 2025 Results on Aug 05, 2024

Full year 2024 earnings released: ₹3.47 loss per share (vs ₹0.93 loss in FY 2023)

Subex Limited's (NSE:SUBEXLTD) 27% Price Boost Is Out Of Tune With Revenues

Associate Director - Marketing recently sold ₹1.0m worth of stock

Subex Limited Announces Resignation of George Zacharias as Independent Director

Subex Limited, Annual General Meeting, Aug 05, 2024

Subex Limited Announces Board Changes

Subex Limited to Report Q3, 2024 Results on Feb 07, 2024

Subex Limited Announces Resignation of Shiva Shankar Naga Roddam as Chief Operating Officer, Effective from December 31, 2023

Subex Limited Announces Resignation of Suresh Kumar Chintada as Chief Technology Officer

Subex Limited, Annual General Meeting, Sep 29, 2023

Subex Limited, Annual General Meeting, Sep 29, 2023

Subex Limited to Report Q1, 2024 Results on Aug 08, 2023

Subex Limited to Showcase Its AI Solutions At MWC

Subex Limited to Report Q3, 2023 Results on Feb 03, 2023

Subex Limited Announces Cancellation of Global Depositary Receipts

Subex Limited, Annual General Meeting, Sep 19, 2022

Subex Limited to Report Q1, 2023 Results on Aug 08, 2022

Subex Limited Proposes Termination of GDRs & De-Listing

Head of Global Support recently sold ₹2.3m worth of stock

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: ₹0.38 (vs ₹0.96 in FY 2021)

Subex Limited to Report Q4, 2022 Results on May 30, 2022

Investor sentiment improved over the past week

Subex (NSE:SUBEXLTD) Seems To Use Debt Quite Sensibly

Insider recently sold ₹3.5m worth of stock

Head of Product & Strategy recently sold ₹3.8m worth of stock

Subex Limited Approves Appointment of Sumit Agarwal as Chief Financial Officer

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Insider recently sold ₹5.4m worth of stock

Insider recently sold ₹5.3m worth of stock

Subex's (NSE:SUBEXLTD) Returns Have Hit A Wall

Senior VP & CFO recently sold ₹5.3m worth of stock

Robust Earnings May Not Tell The Whole Story For Subex (NSE:SUBEXLTD)

Second quarter 2022 earnings released: EPS ₹0.09 (vs ₹0.23 in 2Q 2021)

Investor sentiment deteriorated over the past week

Insider recently sold ₹5.2m worth of stock

Head of Product & Strategy recently sold ₹5.7m worth of stock

Subex (NSE:SUBEXLTD) Seems To Use Debt Rather Sparingly

Senior VP & CFO recently sold ₹5.2m worth of stock

VP & Global Head - Managed Services recently sold ₹1.4m worth of stock

First quarter 2022 earnings released: EPS ₹0.25 (vs ₹0.28 in 1Q 2021)

The Return Trends At Subex (NSE:SUBEXLTD) Look Promising

Investor sentiment improved over the past week

This Is The Reason Why We Think Subex Limited's (NSE:SUBEXLTD) CEO Might Be Underpaid

Upcoming dividend of ₹0.25 per share

Full year 2021 earnings released: EPS ₹0.96 (vs ₹4.94 loss in FY 2020)

Head of Product & Strategy recently sold ₹10m worth of stock

Chief Financial Officer recently sold ₹6.0m worth of stock

Full year 2021 earnings released: EPS ₹0.96 (vs ₹4.94 loss in FY 2020)

Subex Limited Recommends Final Dividend for the Financial Year 2020-21

Investor sentiment improved over the past week

Investor sentiment improved over the past week