Spacenet Enterprises India Ltd
Incorporated in 2010, Spacenet Enterprises Ltd is in the business of trading of commodities and providing Information technology related services
- Market Cap ₹ 220 Cr.
- Current Price ₹ 3.88
- High / Low ₹ 11.2 / 3.00
- Stock P/E 91.8
- Book Value ₹ 2.55
- Dividend Yield 0.25 %
- ROCE 2.41 %
- ROE 1.70 %
- Face Value ₹ 1.00
Pros
Cons
- Promoter holding is low: 15.5%
- Company has a low return on equity of 3.73% over last 3 years.
- Earnings include an other income of Rs.3.09 Cr.
- Debtor days have increased from 99.0 to 120 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.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.37 | 0.74 | 1.45 | 0.00 | 0.53 | 3.19 | 8.71 | 40.05 | 142.11 | 102.69 | 101.81 | 91.42 | |
| 2.70 | 1.75 | 4.87 | 0.26 | 0.67 | 8.38 | 10.42 | 39.52 | 139.30 | 95.33 | 97.75 | 90.18 | |
| Operating Profit | 0.67 | -1.01 | -3.42 | -0.26 | -0.14 | -5.19 | -1.71 | 0.53 | 2.81 | 7.36 | 4.06 | 1.24 |
| OPM % | 19.88% | -136.49% | -235.86% | -26.42% | -162.70% | -19.63% | 1.32% | 1.98% | 7.17% | 3.99% | 1.36% | |
| 0.10 | 0.03 | 0.28 | 0.35 | 0.11 | 0.00 | 1.24 | 0.49 | 0.42 | 0.32 | 0.34 | 3.09 | |
| Interest | 0.66 | 0.66 | 0.25 | 0.00 | 0.00 | 0.00 | 0.21 | 0.02 | 0.33 | 0.11 | 0.07 | 0.50 |
| Depreciation | 0.05 | 0.05 | 0.08 | 0.01 | 0.01 | 0.01 | 0.10 | 0.12 | 0.19 | 0.24 | 0.31 | 0.61 |
| Profit before tax | 0.06 | -1.69 | -3.47 | 0.08 | -0.04 | -5.20 | -0.78 | 0.88 | 2.71 | 7.33 | 4.02 | 3.22 |
| Tax % | 0.00% | 0.00% | 0.86% | 0.00% | 0.00% | 0.00% | -1.28% | 13.64% | -4.06% | 1.64% | 24.88% | 25.47% |
| 0.06 | -1.69 | -3.50 | 0.08 | -0.03 | -5.19 | -0.77 | 0.76 | 2.81 | 7.20 | 3.01 | 2.40 | |
| EPS in Rs | 0.01 | -0.34 | -0.71 | 0.02 | -0.01 | -1.06 | -0.05 | 0.01 | 0.05 | 0.13 | 0.05 | 0.04 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 23.65% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 62% |
| 5 Years: | 60% |
| 3 Years: | -14% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 39% |
| 3 Years: | -5% |
| TTM: | -20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -41% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 49.02 | 49.02 | 4.90 | 4.90 | 4.90 | 4.90 | 15.82 | 53.04 | 53.37 | 54.92 | 56.47 | 56.77 |
| Reserves | -53.99 | -55.68 | -23.95 | -15.25 | -15.29 | -20.48 | -19.51 | -18.75 | -0.44 | 46.00 | 81.61 | 87.79 |
| 8.82 | 9.94 | 12.67 | 6.90 | 6.83 | 15.24 | 16.32 | 2.39 | 0.00 | 0.31 | 1.12 | 24.81 | |
| 2.33 | 2.15 | 10.78 | 3.64 | 3.75 | 1.62 | 1.19 | 11.87 | 23.25 | 3.04 | 12.46 | 16.85 | |
| Total Liabilities | 6.18 | 5.43 | 4.40 | 0.19 | 0.19 | 1.28 | 13.82 | 48.55 | 76.18 | 104.27 | 151.66 | 186.22 |
| 0.20 | 0.14 | 0.09 | 0.06 | 0.03 | 0.09 | 0.10 | 0.62 | 0.56 | 0.77 | 1.43 | 15.82 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.38 | 3.61 | 3.68 |
| Investments | 5.11 | 5.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.97 | 29.31 | 67.27 | 99.87 | 103.60 |
| 0.87 | 0.18 | 4.31 | 0.13 | 0.16 | 1.19 | 13.72 | 33.96 | 46.31 | 35.85 | 46.75 | 63.12 | |
| Total Assets | 6.18 | 5.43 | 4.40 | 0.19 | 0.19 | 1.28 | 13.82 | 48.55 | 76.18 | 104.27 | 151.66 | 186.22 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.77 | -0.46 | -0.30 | 0.41 | -0.04 | -8.28 | -13.09 | -3.75 | -3.52 | 1.11 | 2.76 | 7.68 | |
| -0.07 | 0.00 | 0.01 | 0.00 | 0.02 | -0.07 | -0.11 | -16.37 | -10.59 | -38.72 | -36.65 | -30.87 | |
| -0.80 | 0.46 | 0.27 | -0.36 | -0.07 | 8.41 | 13.55 | 23.28 | 12.42 | 40.99 | 29.93 | 23.56 | |
| Net Cash Flow | -0.10 | 0.00 | -0.01 | 0.06 | -0.09 | 0.06 | 0.35 | 3.16 | -1.69 | 3.38 | -3.96 | 0.36 |
| Free Cash Flow | 0.70 | -0.46 | -0.31 | 0.41 | -0.04 | -8.28 | -13.19 | -4.32 | -3.60 | 0.27 | -1.43 | -7.39 |
| CFO/OP | 115% | 46% | 8% | -158% | 29% | 160% | 766% | -708% | -125% | 15% | 68% | 702% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 73.65 | 0.00 | 526.10 | 0.00 | 52.63 | 4.61 | 207.06 | 94.29 | 66.89 | 110.46 | 119.78 | |
| Inventory Days | 0.00 | 0.00 | 0.03 | 1.64 | 0.82 | 0.93 | ||||||
| Days Payable | 45.93 | 8.26 | 43.79 | 61.07 | ||||||||
| Cash Conversion Cycle | 73.65 | 0.00 | 526.10 | 0.00 | 52.63 | 4.61 | 207.06 | 48.39 | 60.27 | 67.49 | 59.64 | |
| Working Capital Days | -166.80 | -1,025.95 | 88.10 | -2,575.66 | -64.08 | -29.75 | 133.42 | 54.22 | 96.96 | 116.73 | 113.43 | |
| ROCE % | 18.39% | -28.89% | -8.95% | 3.65% | 6.78% | 9.65% | 3.40% | 2.41% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Capital Work-in-Progress (CWIP) INR Lakhs |
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| Total Shareholders Number |
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| Permanent Employee Headcount Number |
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| Number of Dealers/Distributors Number |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
17 June 2026 - Promoters disclosed no share encumbrance for FY2026; total holding 88,104,333 shares.
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Shareholders meeting
14 June 2026 - Postal ballot resolutions passed on 12 Jun 2026: object clause change, higher authorised capital, QIP/private placement, independent director appointment.
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Resignation
1 June 2026 - Dr. S. Ravi resigned as Chairman and Non-Executive Director effective 1 June 2026.
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Copy of Newspaper Publication
31 May 2026 - Audited standalone and consolidated results for quarter and FY ended 31 March 2026; interim dividend notice published.
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General Updates
31 May 2026 - Board declared 1% interim dividend of Rs.0.01 per share; record date is 5 June 2026.
Annual reports
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Financial Year 2025
from nse
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Financial Year 2024
from nse
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Financial Year 2023
from nse
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Financial Year 2022
from nse
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Financial Year 2021
from nse
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Financial Year 2020
from nse
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Financial Year 2019
from nse
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Financial Year 2018
from nse
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Financial Year 2017
from nse
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Financial Year 2015
from nse
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Financial Year 2014
from nse
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