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 ₹ 227 Cr.
- Current Price ₹ 4.00
- High / Low ₹ 11.2 / 3.00
- Stock P/E 14.2
- Book Value ₹ 2.91
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE 9.29 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 15.5%
- Tax rate seems low
- Company has a low return on equity of 9.98% over last 3 years.
- Earnings include an other income of Rs.5.17 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 106 | 27 | 37 | 61 | 11 | 1 | 0 | 43 | 145 | 128 | 157 | 188 | |
| 150 | 35 | 42 | 66 | 21 | 5 | 1 | 43 | 142 | 117 | 143 | 173 | |
| 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 | 5 | |
| 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 | 3 |
| Profit before tax | -45 | -11 | -6 | -7 | -10 | -3 | 5 | 1 | 3 | 11 | 13 | 18 |
| Tax % | 4% | 0% | 1% | 0% | 0% | 1% | 0% | 16% | -4% | 1% | 8% | |
| -47 | -11 | -6 | -7 | -10 | -4 | 5 | 1 | 3 | 11 | 12 | 17 | |
| EPS in Rs | -1.29 | -1.40 | -2.13 | -0.71 | 1.01 | 0.01 | 0.05 | 0.19 | 0.21 | 0.29 | ||
| 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: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | % |
| 3 Years: | 153% |
| TTM: | 77% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | -37% |
| 1 Year: | -46% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 108 |
| 8 | 10 | 10 | 11 | 12 | 13 | 7 | 4 | 0 | 1 | 2 | 1 | |
| 38 | 15 | 18 | 45 | 37 | 11 | 3 | 15 | 28 | 20 | 41 | 53 | |
| Total Liabilities | 61 | 32 | 29 | 51 | 33 | 4 | 0 | 53 | 81 | 126 | 194 | 219 |
| 2 | 1 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 13 | 25 | 28 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 30 | 29 |
| 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 | 219 |
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 | -38 | -50 | |
| -1 | -0 | -1 | -0 | 0 | 0 | -6 | 23 | 11 | 43 | 29 | |
| Net Cash Flow | 1 | -1 | -0 | -0 | 0 | -0 | -0 | 2 | -2 | 4 | -4 |
| Free Cash Flow | -1 | -1 | 1 | 0 | -0 | -0 | 6 | -7 | -3 | -19 | -16 |
| CFO/OP | 1% | 17% | -29% | -3% | 3% | 8% | -1,353% | -1,618% | -120% | -10% | 128% |
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% |
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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| Software Intangible Assets (Net) INR Lakhs |
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| Total Shareholders Number ・Standalone data |
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| Permanent Employee Headcount Number |
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| Employee Turnover Rate Percentage ・Standalone data |
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| Number of Dealers/Distributors Number ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Change in Director(s)
6 May 2026 - Board approved ₹200 crore fundraising, capital increase to ₹100 crore, and appointed an independent director on 6 May 2026.
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Updates
6 May 2026 - On 06 May 2026, board approved ₹200 crore fund raise, authorised capital hike to ₹100 crore, and new independent director.
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Cessation
1 May 2026 - Independent Director Prathipati Parthasarathi ceased on 29 April 2026 after shareholders rejected reappointment.
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General Updates
24 April 2026 - Spacenet sold 30 lakh SML shares, reducing stake to 2.03% for minimum public shareholding.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
21 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no dematerialisation requests received.
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
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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