Spacenet Enterprises India Ltd

Spacenet Enterprises India Ltd

₹ 7.15 0.85%
26 Jun 10:19 a.m.
About

Incorporated in 2010, Spacenet Enterprises Ltd is in the business of trading of commodities and providing Information technology related services

Key Points

Business Overview:[1][2]
Spacenet is a FinTech company specialized
in Trade, Trade Finance empowering Traders, SME's, MSME's, Trade channels. It does development of Software tools and platforms providing commodities trading tools and
to invest, acquire, deal in gold, agricultural, finished or unfinished goods and to take delivery and hold them and also engaged in the business of Trade finance and Fin-tech and Trade Tech

  • Market Cap 404 Cr.
  • Current Price 7.15
  • High / Low 34.2 / 5.82
  • Stock P/E 134
  • Book Value 2.45
  • Dividend Yield 0.00 %
  • ROCE 3.39 %
  • ROE 2.52 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company's median sales growth is 96.0% of last 10 years

Cons

  • Stock is trading at 2.90 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 15.6%
  • Company has a low return on equity of 5.42% over last 3 years.
  • Debtor days have increased from 90.6 to 110 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
23.06 19.45 57.69 39.10 25.88 20.80 24.06 17.74 40.09 26.50 26.30 28.31 20.70
22.32 19.30 57.23 38.24 24.54 18.40 21.57 16.51 38.95 24.47 25.01 27.65 20.65
Operating Profit 0.74 0.15 0.46 0.86 1.34 2.40 2.49 1.23 1.14 2.03 1.29 0.66 0.05
OPM % 3.21% 0.77% 0.80% 2.20% 5.18% 11.54% 10.35% 6.93% 2.84% 7.66% 4.90% 2.33% 0.24%
0.38 0.27 0.09 0.02 0.03 0.10 0.00 0.01 0.22 0.06 0.07 0.03 0.20
Interest 0.01 0.01 0.02 0.13 0.16 0.00 0.00 0.01 0.01 0.01 0.01 0.02 0.03
Depreciation 0.04 0.04 0.05 0.05 0.05 0.05 0.06 0.06 0.07 0.07 0.07 0.09 0.09
Profit before tax 1.07 0.37 0.48 0.70 1.16 2.45 2.43 1.17 1.28 2.01 1.28 0.58 0.13
Tax % 11.21% 0.00% -22.92% 0.00% 0.00% 0.00% 0.00% 0.00% 9.38% 23.38% 29.69% 20.69% 23.08%
0.95 0.37 0.59 0.70 1.15 2.45 2.43 1.16 1.16 1.55 0.91 0.46 0.10
EPS in Rs 0.02 0.01 0.01 0.01 0.02 0.05 0.05 0.02 0.02 0.03 0.02 0.01 0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
6 3 1 1 0 1 3 9 40 142 103 102
6 3 2 5 0 1 8 10 40 139 95 98
Operating Profit 1 1 -1 -3 -0 -0 -5 -2 1 3 7 4
OPM % 11% 20% -136% -236% -26% -163% -20% 1% 2% 7% 4%
0 0 0 0 0 0 0 1 0 0 0 0
Interest 1 1 1 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 0 -2 -3 0 -0 -5 -1 1 3 7 4
Tax % 0% 0% 0% 1% 0% 0% 0% -1% 14% -4% 2% 25%
-0 0 -2 -4 0 -0 -5 -1 1 3 7 3
EPS in Rs -0.00 0.01 -0.34 -0.71 0.02 -0.01 -1.06 -0.05 0.01 0.05 0.13 0.05
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 41%
5 Years: 100%
3 Years: 36%
TTM: -1%
Compounded Profit Growth
10 Years: 48%
5 Years: 21%
3 Years: 58%
TTM: -58%
Stock Price CAGR
10 Years: %
5 Years: 42%
3 Years: 31%
1 Year: -79%
Return on Equity
10 Years: %
5 Years: %
3 Years: 5%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 49 49 49 5 5 5 5 16 53 53 55 56
Reserves -54 -54 -56 -24 -15 -15 -20 -20 -19 -0 46 82
9 9 10 13 7 7 15 16 2 0 0 1
2 2 2 11 4 4 2 1 12 23 3 12
Total Liabilities 6 6 5 4 0 0 1 14 49 76 104 152
0 0 0 0 0 0 0 0 1 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 4
Investments 5 5 5 0 0 0 0 0 14 29 67 100
1 1 0 4 0 0 1 14 34 46 36 47
Total Assets 6 6 5 4 0 0 1 14 49 76 104 152

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
3 1 -0 -0 0 -0 -8 -13 -4 -4 1 3
-0 -0 0 0 0 0 -0 -0 -16 -11 -39 -37
-2 -1 0 0 -0 -0 8 14 23 12 41 30
Net Cash Flow 0 -0 0 -0 0 -0 0 0 3 -2 3 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 11 74 0 526 0 53 5 207 94 67 110
Inventory Days 0 0 0 2 1
Days Payable 46 8 44
Cash Conversion Cycle 11 74 0 526 0 53 5 207 48 60 67
Working Capital Days -90 -167 -1,026 88 -2,576 -64 -30 150 54 97 118
ROCE % 16% 18% -29% -9% 4% 7% 10% 3%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
16.61% 16.61% 16.61% 16.51% 16.51% 16.51% 16.06% 16.04% 15.87% 15.67% 15.61% 15.60%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.37% 1.22% 1.19%
0.53% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
82.85% 83.39% 83.39% 83.49% 83.49% 83.49% 83.94% 83.96% 84.13% 83.96% 83.17% 83.20%
No. of Shareholders 16,96221,04521,84522,43122,69726,04427,71729,88533,13649,48448,78051,915

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents