Spacenet Enterprises India Ltd
Spacenet Enterprises India Ltd is an NSE-listed group engaged in commodity trading/procurement and digital/IT services, with trade-finance and fintech positioning and investments in technology ventures. The group operates through Indian, Hong Kong and Dubai subsidiaries and has added two realty LLPs. [1] [2]
- Market Cap ₹ 190 Cr.
- Current Price ₹ 3.35
- High / Low ₹ 11.2 / 3.00
- Stock P/E 7.60
- Book Value ₹ 3.12
- Dividend Yield 0.30 %
- ROCE 9.95 %
- ROE 9.80 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.07 times its book value
Cons
- Promoter holding is low: 15.5%
- Tax rate seems low
- Company has a low return on equity of 10.4% over last 3 years.
- Earnings include an other income of Rs.24.5 Cr.
* 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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 106 | 27 | 37 | 61 | 11 | 1 | 0 | 43 | 145 | 128 | 157 | 195 | 190 | |
| 150 | 35 | 42 | 66 | 21 | 5 | 1 | 43 | 142 | 117 | 143 | 178 | 178 | |
| Operating Profit | -44 | -8 | -5 | -5 | -10 | -3 | -0 | 0 | 3 | 11 | 14 | 17 | 12 |
| OPM % | -41% | -30% | -14% | -8% | -93% | -236% | -86% | 0.9% | 1.9% | 9% | 9% | 9% | 6% |
| 2 | 1 | 1 | 0 | 0 | 0 | 6 | 1 | 0 | 0 | 1 | 5 | 25 | |
| Interest | 2 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 5 |
| Profit before tax | -45 | -11 | -6 | -7 | -10 | -3 | 5 | 1 | 3 | 11 | 13 | 18 | 30 |
| Tax % | 4% | 0% | 1% | 0% | 0% | 1% | 0% | 16% | -4% | 1% | 8% | 6% | |
| -47 | -11 | -6 | -7 | -10 | -4 | 5 | 1 | 3 | 11 | 12 | 16 | 26 | |
| EPS in Rs | -1.29 | -1.40 | -2.13 | -0.71 | 1.01 | 0.01 | 0.05 | 0.19 | 0.21 | 0.28 | 0.45 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | % |
| 3 Years: | 10% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | % |
| 3 Years: | 81% |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | -47% |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 10% |
| Last Year: | 10% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 49 | 49 | 49 | 49 | 5 | 5 | 53 | 53 | 55 | 56 | 57 |
| Reserves | 15 | -41 | -47 | -54 | -65 | -24 | -14 | -19 | -1 | 50 | 94 | 120 |
| 8 | 10 | 10 | 11 | 12 | 13 | 7 | 4 | 0 | 1 | 2 | 25 | |
| 38 | 15 | 18 | 45 | 37 | 11 | 3 | 15 | 28 | 20 | 41 | 43 | |
| Total Liabilities | 61 | 32 | 29 | 51 | 33 | 4 | 0 | 53 | 81 | 126 | 194 | 245 |
| 2 | 1 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 13 | 25 | 69 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 30 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 19 | 41 | 57 | 59 |
| 59 | 32 | 28 | 51 | 33 | 4 | 0 | 41 | 57 | 62 | 82 | 103 | |
| Total Assets | 61 | 32 | 29 | 51 | 33 | 4 | 0 | 53 | 81 | 126 | 194 | 245 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -1 | 2 | 0 | -0 | -0 | 6 | -6 | -3 | -1 | 17 | 23 | |
| 4 | 1 | -0 | 0 | 0 | 0 | 0 | -15 | -10 | -38 | -50 | -45 | |
| -1 | -0 | -1 | -0 | 0 | 0 | -6 | 23 | 11 | 43 | 29 | 23 | |
| Net Cash Flow | 1 | -1 | -0 | -0 | 0 | -0 | -0 | 2 | -2 | 4 | -4 | 1 |
| Free Cash Flow | -1 | -1 | 1 | 0 | -0 | -0 | 6 | -7 | -3 | -19 | -16 | -10 |
| CFO/OP | 1% | 17% | -29% | -3% | 3% | 8% | -1,353% | -1,618% | -120% | -10% | 126% | 139% |
Ratios
Consolidated / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 126 | 196 | 138 | 231 | 1,028 | 526 | 0 | 193 | 95 | 115 | 121 | 111 |
| Inventory Days | 0 | 0 | 1 | 1 | 0 | |||||||
| Days Payable | 47 | 41 | 63 | 65 | ||||||||
| Cash Conversion Cycle | 126 | 196 | 138 | 231 | 1,028 | 526 | 0 | 193 | 49 | 76 | 58 | 46 |
| Working Capital Days | 19 | 24 | -34 | -48 | -598 | -4,171 | -1,883 | 166 | 70 | 112 | 96 | 83 |
| ROCE % | -40% | -32% | -56% | -823% | 6% | 13% | 10% | 10% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Commodity trading share of turnover % ・Standalone data |
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| Number of permanent employees count ・Standalone data |
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| Employee turnover rate % ・Standalone data |
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| Number of dealers / distributors count ・Standalone data |
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| Number of trading houses (suppliers) count ・Standalone data |
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| Top 10 dealers' share of total dealer sales % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Trading Window
- Trading window closes from 1 October 2026 for Q2 FY2026-27 unaudited results approval.
-
Reply to Clarification- Financial results
- Company clarifies standalone EPS XBRL mismatch was clerical; revised XBRL will be resubmitted.
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ESOP/ESOS/ESPS
- On 15 Sep 2026, Spacenet granted 6,02,500 ESOPs and allotted 6,04,500 shares at Re.1 each.
-
Allotment of Securities
- On 15 Sep 2026, company re-granted 6,02,500 ESOPs and allotted 6,04,500 shares at Re.1 each.
-
Committee Meeting Updates
- NRC approved re-grant of 6,02,500 ESOPs and allotment of 6,04,500 shares on 15 September 2026.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
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Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
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Annual Report 2018
from nse
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Annual Report 2017
from nse
-
Annual Report 2015
from nse
-
Annual Report 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 develops software tools and platforms providing commodities trading tools to invest, acquire, deal in gold, agricultural, finished or unfinished goods, and to take delivery and hold them, and is also engaged in the business of Trade finance and Fin-tech and Trade Tech