Subex Limited (BOM:532348)
India flag India · Delayed Price · Currency is INR
16.55
-0.27 (-1.61%)
At close: Nov 13, 2026

Subex Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
2,9872,7912,8563,0972,7873,334
Revenue Growth
7.22%-2.29%-7.78%11.13%-16.42%-10.37%
Gross Profit
2,8182,6222,6962,9522,6483,241
Operating Income
277.5137.9-275.8-271.1-465.4236.8
Net Income
413.7285.3-314.4-1,917-512.1209.9
Earnings Per Share
0.740.51-0.57-3.47-0.930.38
EPS Growth
------59.57%

Revenue by Geography

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '25 Mar '24 Mar '23 Mar '22
Americas
394.3365.5518429.9594.5
Europe, Middle East and Africa (EMEA)
1,7701,6771,7551,5562,016
India
36.511.483.185.852
APAC and Rest of The World
589.5802.7740.8715.1671.8
Total
2,7912,8563,0972,7873,334

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
1,5831,244755.21,0601,1981,183
Total Debt
249.8282.7193.8281.6333.9146.8
Net Cash (Debt)
1,333961.7561.4778.6864.51,036
Net Cash Growth
37.45%71.30%-27.90%-9.94%-16.55%-11.57%
Net Cash Per Share
2.401.731.011.411.571.87

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
664715.195-82.892.1-81
Capital Expenditures
-41.8-39.7-24.1-27.3-49.3-54
Free Cash Flow
622.2675.470.9-110.142.8-135
Free Cash Flow Growth
55.20%852.61%----

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
94.35%93.95%94.38%95.30%95.03%97.19%
Operating Margin
9.29%4.94%-9.66%-8.75%-16.70%7.10%
Pretax Margin
17.42%13.43%-6.94%-56.53%-14.02%10.10%
Profit Margin
13.85%10.22%-11.01%-61.90%-18.38%6.30%
FCF Margin
20.83%24.20%2.48%-3.55%1.54%-4.05%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
22.3213.00---82.91
P/FCF Ratio
14.765.4995.37-364.22-
PS Ratio
2.971.332.375.345.595.22