Subex Ltd

₹ 34.4 1.62%
05 Dec - close price
About

Founded in 1992, it is a software product company which works in the space of Digital Trust i.e. it is focussed on privacy, security, risk mitigation, predictability and confidence in data mainly in the telecommunication space focusing on products to communications Service Providers(CSPs) globally. [1]

Key Points

Products based on Digital trust
Digital Trust is a concept that enables users to carry out business transactions in a safe, secure, ethical, and reliable manner. [1]

Some of the products the co. is offering are Revenue Assurance, Network Analytics, Fraud Management, Identity Analytics, Partner Ecosystem Management, IoT Security, Analytics Center of Trust, and Anomaly Detection. [2]

  • Market Cap 1,942 Cr.
  • Current Price 34.4
  • High / Low 61.3 / 18.6
  • Stock P/E
  • Book Value 8.53
  • Dividend Yield 0.00 %
  • ROCE -0.85 %
  • ROE -0.89 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 4.04 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 1.95% over last 3 years.
  • Company has high debtors of 311 days.
  • Working capital days have increased from -230 days to 87.0 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
2 3 4 6 4 2 17 16 16 21 16 79 74
4 7 5 4 4 3 13 14 15 21 23 89 82
Operating Profit -2 -4 -1 2 1 -1 3 2 1 -0 -6 -9 -8
OPM % -121% -133% -17% 34% 14% -50% 21% 12% 6% -2% -39% -12% -11%
1 -214 23 8 4 3 9 1 -0 0 0 0 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 1
Depreciation 2 2 0 0 0 1 0 0 0 0 0 2 3
Profit before tax -3 -219 22 9 4 1 12 3 0 -1 -7 -11 -11
Tax % -0% -0% 5% -0% 1% -3% 2% -0% -0% -0% -0% 104% -0%
Net Profit -3 -219 21 9 4 1 12 3 0 -1 -7 0 -11
EPS in Rs -0.05 -3.90 0.37 0.16 0.08 0.02 0.21 0.05 0.01 -0.02 -0.12 0.01 -0.20
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
314 329 266 294 306 296 324 180 19 11 55 68 191
211 242 233 250 280 301 278 170 38 17 24 71 215
Operating Profit 103 87 32 44 25 -5 47 9 -18 -6 31 -3 -24
OPM % 33% 26% 12% 15% 8% -2% 14% 5% -96% -59% 56% -4% -13%
16 -41 -15 -12 2 -146 -33 5 0 -192 -2 0 1
Interest 41 40 49 58 52 51 15 5 0 0 0 0 1
Depreciation 6 4 2 2 3 3 3 7 6 6 2 2 6
Profit before tax 73 2 -35 -28 -27 -205 -4 2 -25 -205 27 -4 -30
Tax % 1% -18% -0% -5% -6% -3% -59% 83% 0% -1% 1% -0%
Net Profit 72 2 -35 -30 -28 -210 -7 0 -25 -206 26 -4 -18
EPS in Rs 10.32 0.35 -2.07 -1.77 -1.55 -4.18 -0.13 0.01 -0.44 -3.66 0.47 -0.08 -0.33
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% 161% -0%
Compounded Sales Growth
10 Years: -15%
5 Years: -27%
3 Years: 53%
TTM: 279%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 22%
TTM: -214%
Stock Price CAGR
10 Years: 9%
5 Years: 33%
3 Years: 82%
1 Year: -33%
Return on Equity
10 Years: -2%
5 Years: 0%
3 Years: 2%
Last Year: -1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
69 69 167 167 183 503 507 562 562 562 281 281 281
Reserves 242 140 169 107 106 134 128 180 156 -49 232 215 200
530 586 657 691 650 153 109 -0 -0 3 0 0 32
213 663 483 593 569 485 181 9 27 36 66 47 173
Total Liabilities 1,054 1,459 1,475 1,557 1,508 1,276 925 751 745 551 579 544 686
6 5 3 3 6 4 5 56 50 12 9 7 46
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments 772 772 772 772 772 718 657 644 644 476 476 428 344
276 682 700 782 730 554 263 51 51 64 95 109 296
Total Assets 1,054 1,459 1,475 1,557 1,508 1,276 925 751 745 551 579 544 686

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
53 26 -24 37 49 35 59 62 -1 -13 1 -19
-3 24 -2 3 -5 -2 -5 -75 -0 16 25 33
-52 -50 27 -40 -44 -33 -54 13 -0 -1 -27 -9
Net Cash Flow -2 -0 1 -0 1 1 -0 1 -1 3 0 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 207 662 711 708 624 613 213 28 160 310 145 311
Inventory Days
Days Payable
Cash Conversion Cycle 207 662 711 708 624 613 213 28 160 310 145 311
Working Capital Days -430 -532 97 65 80 27 29 11 -466 -682 -94 87
ROCE % 12% 11% 3% 5% 3% -1% 7% 0% -3% 2% 6% -1%

Shareholding Pattern

Numbers in percentages

6 recently
Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
0.00 0.00 0.00 0.33 0.03 0.01 0.17 0.26 0.60 0.80 0.92 0.96
0.87 0.60 0.10 0.38 0.03 0.03 0.04 0.03 0.01 0.01 0.02 0.01
95.15 95.49 96.00 95.43 96.22 96.43 96.78 96.94 96.74 96.83 96.91 96.88
3.99 3.91 3.90 3.86 3.72 3.54 3.01 2.77 2.64 2.36 2.16 2.14

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

Documents

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