| Revenue growth | ₹70.79cr vs ₹68.9cr QoQ (2.7% growth). |
|---|---|
| Margins | Normalized EBITDA margin at 13.1%; PAT margin at 10.8%. |
| Order book | Recent ₹140cr+ in orders; strong renewals and new logo additions. |
| Demand visibility | Healthy pipeline and order book from North America and Europe. |
| Management confidence | High confidence in 'steady path towards sustainable recovery' and fundamentals. |
Growth
Revenue grew 2.7% QoQ to ₹70.79cr. Normalized EBITDA rose to ₹9.2cr from ₹7.3cr; Normalized PAT increased to ₹7.68cr.
Outlook
Targeting double-digit top-line growth and '10 million dollar quarters' via MS expansion, GenAI-led products, and tuck-in acquisitions.
Risks
Geopolitical exposure in Iran/Venezuela causing revenue delays; long implementation cycles (3 quarters) for traditional RAFM products.
Earnings Call filed with NSE, NSE: SUBEXLTD. Summary written with AI assistance from the document.
Subex Ltd: key numbers
- Share price
- ₹19.15
- Market cap
- ₹1,076 Cr
- Revenue (annual)
- ₹279.1 Cr
- Net profit (annual)
- ₹28.53 Cr
- P/E (TTM)
- 36.0×Sector 21.8×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 0.60%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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