| Revenue growth | 3% sequential growth in Q4; 6% YoY total income growth. |
|---|---|
| Margins | EBITDA margin 14.5%; PAT 13.6%. License margins 90%+; MS 50%+. |
| Order book | Order intake grew 24% in FY26; 35% higher than prior years. |
| Demand visibility | Strong pipeline and order backlog from recent 'blockbuster' deal wins. |
| Management confidence | Bullish on FY27; ship is 'out of the storm'. |
Growth
Q4FY26 revenue ₹72.96 Cr vs ₹70.79 Cr sequentially. FY26 order intake grew 24%; order intake up 35% YoY.
Outlook
Singular focus on growth for FY27; internal target 'war cry' of ₹100 Cr revenue per quarter.
Risks
Geopolitical instability in Middle East (31% revenue) causing contracting delays and potential hardware (GPU) constraints for AI 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 21.6×
- Promoter holding
- 0.00%+0.00% QoQ
- FII holding
- 1.08%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Subex Ltd
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Subex Ltd has granted 27,50,000 stock options under its ESOP 2025 plan to eligible employees at an exercise price of Rs. 9 per option.
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- Value
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- From
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- Execution
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- Value
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- Execution
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- Value
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- Value
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- Execution
- 3 years