Subex Limited (BOM:532348)

Subex Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	1,247	523.6	692.3	523.8	853.9	1,429
Short-Term Investments	20	253.7	294.8	552.4	212.4	-
Trading Asset Securities	-	154.6	73.1	122.2	116.5	-
Cash & Short-Term Investments	1,267	931.9	1,060	1,198	1,183	1,429
Cash Growth	48.89%	-12.10%	-11.53%	1.32%	-17.25%	58.07%
Accounts Receivable	884.6	960.9	1,338	1,283	1,646	1,559
Other Receivables	-	-	-	6.9	3.4	4
Receivables	906.6	988.4	1,348	1,303	1,666	1,585
Prepaid Expenses	-	66.5	46.9	58	59.3	42.2
Other Current Assets	340	157.5	49.3	55.5	57.9	64.2
Total Current Assets	2,513	2,144	2,504	2,615	2,966	3,121
Property, Plant & Equipment	348.1	208.4	316.4	412.5	234.5	313.9
Long-Term Investments	69.1	69.1	16.5	16.5	-	-
Goodwill	1,961	1,961	1,961	3,441	3,441	3,441
Other Intangible Assets	0.1	0.3	0.7	1.1	1.4	-
Long-Term Deferred Tax Assets	-	-	13.7	84.3	14.8	12.5
Other Long-Term Assets	282	486.1	484.5	466	543.6	378.1
Total Assets	5,174	4,870	5,297	7,036	7,201	7,267
Accounts Payable	205.8	210.9	241.2	126.2	167.2	131.1
Accrued Expenses	67.9	437.5	457.2	330.7	299.2	436.4
Short-Term Debt	-	-	-	-	-	58.4
Current Portion of Leases	60.8	89.8	98.1	86.4	47	42
Current Income Taxes Payable	41.1	41.3	40.4	73.8	62.8	58.6
Current Unearned Revenue	-	228.4	206	230.7	180.3	218.2
Other Current Liabilities	600.8	2.7	5.6	9.9	3.2	22.5
Total Current Liabilities	976.4	1,011	1,049	857.7	759.7	967.2
Long-Term Leases	236.2	104	183.5	247.5	99.8	157.5
Pension & Post-Retirement Benefits	28.7	4.8	26.8	22.2	30.4	27.5
Long-Term Deferred Tax Liabilities	705.3	705.4	703.3	690.4	674.2	628.9
Total Liabilities	1,947	1,825	1,962	1,818	1,564	1,781
Common Stock	2,810	2,810	2,810	2,810	2,810	2,810
Additional Paid-In Capital	-	1,666	1,666	1,658	1,656	1,644
Retained Earnings	-	-369.4	-65.6	1,839	2,344	2,277
Treasury Stock	-	-43.2	-43.2	-61.5	-69.7	-112.1
Comprehensive Income & Other	417.3	-1,018	-1,032	-1,028	-1,104	-1,134
Shareholders' Equity	3,227	3,045	3,335	5,218	5,637	5,486
Total Liabilities & Equity	5,174	4,870	5,297	7,036	7,201	7,267
Total Debt	297	193.8	281.6	333.9	146.8	257.9
Net Cash (Debt)	969.6	738.1	778.6	864.5	1,036	1,172
Net Cash Growth	60.11%	-5.20%	-9.94%	-16.55%	-11.57%	180.53%
Net Cash Per Share	1.75	1.33	1.41	1.57	1.87	2.12
Filing Date Shares Outstanding	572	554.23	554.23	550.89	549.47	542.13
Total Common Shares Outstanding	572	554.23	554.23	550.89	549.47	542.13
Working Capital	1,537	1,134	1,456	1,757	2,206	2,154
Book Value Per Share	5.64	5.49	6.02	9.47	10.26	10.12
Tangible Book Value	1,266	1,083	1,373	1,776	2,194	2,045
Tangible Book Value Per Share	2.21	1.95	2.48	3.22	3.99	3.77
Machinery	-	206.7	378.5	368.6	317.9	306.5
Leasehold Improvements	-	30.4	36.9	36.2	29.3	29.3

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.