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Subex Share Price

SUBEXLTD

₹31.11+₹0.84 (2.78%) TodayLast updated on 21 Jun, 2024 | 03:58 PM IST
₹30.40₹32.04
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Company overview

Financial performance

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Market cap

Market Cap Switch₹1,729 Crs

Open

₹30.47

Close

₹30.27

Circuit range

₹36.32 - ₹24.21

Day range

₹30.40 - ₹32.04

Year range

₹22.50 - ₹45.80

Volume

1,91,65,757

Avg. traded

₹31.46

Revenue (12m)

₹310 Crs

Subex

Subex Limited is a software development and consultation service company that serves clients mainly in the telecommunication sector. It is a leading global provider of business support systems. The company, incorporated in 1994, is a pioneer of the concept of revenue operation centre – a centralised approach intended to attain profitable growth and sustainable financial health through coordinated operational control.

The company offers solutions like fraud management, revenue assurance, inter-party, credit risk management, cost management, route optimisation and data integrity management. Its portfolio also includes scalable managed services and business optimisation.

Business operations management

Subex Limited's client base comprises over 75% of the world's top 50 telcos. The company serves clients in more than 70 countries. Subex's base for conceptualisation and development of software is Bengaluru. It has sales and support offices in the United States, UK, Canada, UAE, Singapore and Australia along with India. The company launched its initial public offer (IPO) in 1999. Subex was initially involved in the business of telecom hardware marketing but changed the focus to telecom software development in 1997. The company set up its off-shore development centre in California in 2000. The same year, it acquired IV Fourth Generation Inc, a telecom software services firm in the US for $6.7 million in an all-cash deal.

Subex developed a software ranger that offered a total telecom fraud solution based on advanced intelligent technology. It monitored and tracked all types of fraud in mobile and fixed telephony. The service was also capable of keeping a check on calls to or from 'enemy companies'

In 2001, the company approved the acquisition of assets of OUTSmart of Magardi Inc., Canada. It bagged orders of $200,000 to customise OUTsmart for different clients in the US. The company discontinued the hardware operations of its telecom division, which consisted of telecom system integration-related business.

In 2004, the company got listed on the National Stock Exchange (NSE). The company was renamed to its present name Subex Ltd from Subex Azure Ltd in 2008.

In 2011, the company won a $12 million revenue operations centre licence contract. In 2018, Subex bagged a contract from Turk Telekom.

The company announced a strategic partnership with Spire Solution for a project to secure a leading oil and gas company in the Middle East in 2021. Subex also partnered with SkyLab to provide cybersecurity solutions for the shipping industry.

Subex Ltd market capitalisation is nearly ₹2,000 crore as of December 22, 2023. Subex share price has surged over 35% in the last three years.

Financial Highlights:

• The company’s revenue in FY23 stood at ₹279 crore, down 16.5% year-on-year compared to ₹333 crore in FY22.

• The company reported a loss of ₹51.2 crore in FY23 as against a net profit of ₹21 crore in FY22.

• The company reported a EBITDA (earnings before interest, depreciation and amortisation) loss of ₹30.7 crore in FY23.

• The earnings per share (EPS) dropped to ₹ (-0.93) in FY23 compared to ₹0.38 in the last financial year.

Subex Key indicators

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52 week high

₹45.80

52 week low

₹22.50

P/E ratio

P/B ratio

5.26

ROE

-15.18%

ROCE

-16.33%

Dividend yield

--

Debt/Equity ratio

EPS

-1.22

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Investment checklist: (2/6)

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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

-22.91%

Net profit margin

-25.14%

ROE

-15.18%

ROA

-11.86%

ROCE

-16.33%

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Subex Shareholder returns

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1 day

-1.80%

1 week

+3.63%

1 month

+2.29%

3 months

+0.74%

1 year

+5.71%

3 years

-45.06%

5 years

+60.27%

Subex Share Price history

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DayOpenCloseDay’s change
Thu, Jun 20 2024
₹30.00
₹30.27
+1.00%
Wed, Jun 19 2024
₹30.52
₹29.97
-1.80%
Tue, Jun 18 2024
₹31.44
₹30.52
-2.18%
Fri, Jun 14 2024
₹29.45
₹31.20
+6.48%
Thu, Jun 13 2024
₹29.94
₹29.30
-1.38%
Wed, Jun 12 2024
₹29.00
₹29.71
+2.73%
Tue, Jun 11 2024
₹28.35
₹28.92
+2.41%
Mon, Jun 10 2024
₹28.33
₹28.24
+0.32%

Shareholding info

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Promoters (0%)

Mutual Funds (0%)

Retail and other (98.76%)

Foreign institutions-FII (1.23%)

Other domestic institutions (0.01%)

Retail and other

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Frequently asked questions