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 ₹ 418 Cr.
- Current Price ₹ 7.40
- High / Low ₹ 33.8 / 5.82
- Stock P/E 35.2
- 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 2.78 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 9.95% 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
106 | 27 | 37 | 61 | 11 | 1 | 0 | 43 | 145 | 128 | 157 | |
150 | 35 | 42 | 66 | 21 | 5 | 1 | 43 | 142 | 117 | 143 | |
Operating Profit | -44 | -8 | -5 | -5 | -10 | -3 | -0 | 0 | 3 | 11 | 14 |
OPM % | -41% | -30% | -14% | -8% | -93% | -236% | -86% | 1% | 2% | 9% | 9% |
2 | 1 | 1 | 0 | 0 | 0 | 6 | 1 | 0 | 0 | 1 | |
Interest | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Profit before tax | -45 | -11 | -6 | -7 | -10 | -3 | 5 | 1 | 3 | 11 | 13 |
Tax % | 4% | 0% | 1% | 0% | 0% | 1% | 0% | 16% | -4% | 1% | 8% |
-47 | -11 | -6 | -7 | -10 | -4 | 5 | 1 | 3 | 11 | 12 | |
EPS in Rs | -1.29 | -1.40 | -2.13 | -0.71 | 1.01 | 0.01 | 0.05 | 0.19 | 0.21 | ||
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: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | % |
3 Years: | 156% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 22% |
1 Year: | -77% |
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 | 46 | 156 | 61 | 19 | -190 | -1,991 | -1,883 | 181 | 70 | 112 | 96 |
ROCE % | -40% | -32% | -56% | -823% | 6% | 13% | 10% |
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
26 June 2025 - Promoters disclosed no encumbrance of shares; total promoter holding 15.60% as of March 31, 2025.
-
Disclosure under SEBI Takeover Regulations
26 June 2025 - Promoters disclosed no share encumbrance; total promoter holding 15.60% as of March 31, 2025.
-
Alteration Of Capital and Fund Raising-XBRL
26 June 2025 - SPACENET ENTERPRISES INDIA LIMITED has informed regarding Allotment of Securities
-
Allotment of Securities
26 June 2025 - Allotment of 14.28 lakh shares on ESOP exercise at INR 1 each on 26 June 2025.
-
Trading Window-XBRL
25 June 2025 - SPACENET ENTERPRISES INDIA LIMITED has informed about Closure of Trading Window
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