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 ₹ 417 Cr.
- Current Price ₹ 7.36
- High / Low ₹ 26.5 / 4.78
- Stock P/E 31.8
- Book Value ₹ 2.67
- Dividend Yield 0.00 %
- ROCE 9.92 %
- ROE 9.29 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 2.71 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 15.6%
- Tax rate seems low
- Company has a low return on equity of 9.98% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
106 | 27 | 37 | 61 | 11 | 1 | 0 | 43 | 145 | 128 | 157 | 176 | |
150 | 35 | 42 | 66 | 21 | 5 | 1 | 43 | 142 | 117 | 143 | 161 | |
Operating Profit | -44 | -8 | -5 | -5 | -10 | -3 | -0 | 0 | 3 | 11 | 14 | 15 |
OPM % | -41% | -30% | -14% | -8% | -93% | -236% | -86% | 1% | 2% | 9% | 9% | 8% |
2 | 1 | 1 | 0 | 0 | 0 | 6 | 1 | 0 | 0 | 1 | 1 | |
Interest | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
Profit before tax | -45 | -11 | -6 | -7 | -10 | -3 | 5 | 1 | 3 | 11 | 13 | 14 |
Tax % | 4% | 0% | 1% | 0% | 0% | 1% | 0% | 16% | -4% | 1% | 8% | |
-47 | -11 | -6 | -7 | -10 | -4 | 5 | 1 | 3 | 11 | 12 | 13 | |
EPS in Rs | -1.29 | -1.40 | -2.13 | -0.71 | 1.01 | 0.01 | 0.05 | 0.19 | 0.21 | 0.23 | ||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | % |
3 Years: | 54% |
TTM: | 25% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | % |
3 Years: | 153% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 44% |
3 Years: | -32% |
1 Year: | -72% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 10% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.05 | 49 | 49 | 49 | 49 | 5 | 5 | 53 | 53 | 55 | 56 |
Reserves | 15 | -41 | -47 | -54 | -65 | -24 | -14 | -19 | -1 | 50 | 94 |
8 | 10 | 10 | 11 | 12 | 13 | 7 | 4 | 0 | 1 | 2 | |
38 | 15 | 18 | 45 | 37 | 11 | 3 | 15 | 28 | 20 | 41 | |
Total Liabilities | 61 | 32 | 29 | 51 | 33 | 4 | 0 | 53 | 81 | 126 | 194 |
2 | 1 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 13 | 25 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 30 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 19 | 41 | 57 |
59 | 32 | 28 | 51 | 33 | 4 | 0 | 41 | 57 | 62 | 82 | |
Total Assets | 61 | 32 | 29 | 51 | 33 | 4 | 0 | 53 | 81 | 126 | 194 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-1 | -1 | 2 | 0 | -0 | -0 | 6 | -6 | -3 | -1 | 17 | |
4 | 1 | -0 | 0 | 0 | 0 | 0 | -15 | -10 | -40 | -50 | |
-1 | -0 | -1 | -0 | 0 | 0 | -6 | 23 | 11 | 46 | 29 | |
Net Cash Flow | 1 | -1 | -0 | -0 | 0 | -0 | -0 | 2 | -2 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 126 | 196 | 138 | 231 | 1,028 | 526 | 0 | 193 | 95 | 115 | 121 |
Inventory Days | 0 | 0 | 1 | 1 | |||||||
Days Payable | 47 | 41 | 63 | ||||||||
Cash Conversion Cycle | 126 | 196 | 138 | 231 | 1,028 | 526 | 0 | 193 | 49 | 76 | 58 |
Working Capital Days | 19 | 24 | -34 | -48 | -598 | -4,171 | -1,883 | 166 | 70 | 112 | 96 |
ROCE % | -40% | -32% | -56% | -823% | 6% | 13% | 10% |
Documents
Announcements
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Copy of Newspaper Publication
13 September 2025 - Addendum and corrigendum to 15th AGM notice; AGM 29 Sep 2025, ads published 13 Sep 2025.
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Addendum
12 September 2025 - Addendum: MOA object alteration; seek approvals for ₹500Cr borrowing, ₹700Cr investments, material subsidiary disposal; AGM 29 Sep 2025.
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Corrigendum
12 September 2025 - Addendum to AGM notice: new MOA objects; borrowings ₹500Cr; investments ₹700Cr; AGM 29 Sept 2025.
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Copy of Newspaper Publication
9 September 2025 - 15th AGM on 29 Sep 2025 at 02:00 PM IST via VC; remote e-voting and book closure information.
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Shareholders meeting
6 September 2025 - AGM on 29 Sep 2025 proposing ₹500Cr borrowing; Thalassa disposal; ₹700Cr investments; ₹50Cr related loans and guarantees; appointment of secretarial auditor.
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
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Financial Year 2022
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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
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Financial Year 2017
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Financial Year 2015
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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