Subex Ltd Stock Price Today (NSE: SUBEXLTD)
Fundamental Score
Subex Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Subex Ltd share price today is ₹13.35, down 0.07% on NSE/BSE as of 17 July 2026. Subex Ltd (SUBEXLTD) is a Small-cap company in the Software Products sector with a market capitalisation of ₹757.62 (Cr). The 52-week high for SUBEXLTD share price is ₹14.58 and the 52-week low is ₹6.61. At a P/E ratio of 23.62x, SUBEXLTD is currently trading below its industry average P/E of 34.85x. The company has a Return on Equity (ROE) of 9.91% and a debt-to-equity ratio of 0.08.
Subex Ltd Share Price Chart — NSE/BSE Historical Performance
Subex Ltd share price chart: 21.03% return over the past month. 52-week high ₹14.58, 52-week low ₹6.61.
Subex Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹13.30 | ₹13.74 | ₹13.25 | ₹13.35 | 10.56L (Cr) | |
| ₹13.21 | ₹13.97 | ₹13.20 | ₹13.36 | 12.06L (Cr) | |
| ₹13.15 | ₹13.80 | ₹13.00 | ₹13.53 | 25.46L (Cr) | |
| ₹13.00 | ₹13.23 | ₹12.77 | ₹13.23 | 24.31L (Cr) | |
| ₹11.94 | ₹12.60 | ₹11.94 | ₹12.60 | 23.39L (Cr) | |
| ₹12.14 | ₹12.64 | ₹11.81 | ₹12.00 | 21.15L (Cr) | |
| ₹11.50 | ₹12.12 | ₹11.50 | ₹12.06 | 23.14L (Cr) | |
| ₹11.43 | ₹12.15 | ₹11.43 | ₹11.55 | 20.50L (Cr) | |
| ₹11.59 | ₹11.90 | ₹11.22 | ₹11.60 | 7.79L (Cr) | |
| ₹11.65 | ₹11.75 | ₹11.11 | ₹11.36 | 6.16L (Cr) |
Subex Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹11.70 | ₹13.97 | ₹11.11 | ₹13.35 | +14.10% | |
| ₹10.74 | ₹12.39 | ₹9.71 | ₹11.62 | +8.19% | |
| ₹9.34 | ₹12.67 | ₹9.30 | ₹10.72 | +14.78% | |
| ₹6.89 | ₹9.89 | ₹6.89 | ₹9.34 | +35.56% | |
| ₹8.98 | ₹9.04 | ₹6.61 | ₹6.68 | -25.61% | |
| ₹9.35 | ₹11.47 | ₹8.98 | ₹9.16 | -2.03% | |
| ₹11.33 | ₹12.39 | ₹8.84 | ₹9.28 | -18.09% | |
| ₹12.09 | ₹12.63 | ₹10.93 | ₹11.31 | -6.45% | |
| ₹12.91 | ₹13.71 | ₹11.81 | ₹12.05 | -6.66% | |
| ₹12.10 | ₹14.58 | ₹11.90 | ₹12.88 | +6.45% | |
| ₹12.70 | ₹13.48 | ₹11.75 | ₹11.95 | -5.91% | |
| ₹13.18 | ₹14.10 | ₹12.01 | ₹12.51 | -5.08% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Subex is a micro-cap gamble on AI-led telecom transformation, fraught with execution and governance risks.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Subex secured a nine-year Enterprise Asset Management (EAM) contract from a North African telecom operator worth The company will deploy its HyperSense solutions across the operator's telecom network. Subex was also fined each by NSE and BSE for non-compliance with SEBI LODR Regulations regarding board composition.
CORE STORY (THE REAL GAME)
Subex is pitching an AI-driven transformation story to telecom operators, moving beyond traditional OSS/BSS to focus on revenue maximization and risk mitigation through AI.
- ₹24.3 crore EAM deal win
- AI-driven transformation narrative gaining traction
- Focus on cost optimization through AI
- Larger contract wins
- Successful implementation of AI solutions
- Improved profitability and cash flow
- Micro-cap liquidity risk
- History of negative profitability
- Governance issues (SEBI fine)
FII and DII holdings are negligible. Promoter holding is zero.
India's software market is projected to grow, driven by AI, cloud computing, and digital transformation.
Secured a nine-year Enterprise Asset Management (EAM) contract from a North African telecom operator worth ₹24.3 crore.
No. Free Cash Flow 5Y: ₹69.76 Cr.
Subex needs to demonstrate consistent profitability and strong cash flow generation to justify its valuation. Watch for execution on new contracts and progress on AI initiatives.
Primary Thesis Risk
Failure to execute on AI strategy and generate sustainable profits will lead to significant downside.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Subex Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Subex Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of SUBEXLTD across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Attractive Valuation (P/E: 23.62 vs Industry: 34.85)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (157.10%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Conservative Debt Levels (D/E: 0.08)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (13.89x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹54.90 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
8 factors identified
Below-Average Return on Equity (9.91%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Margin Pressure Concerns (0.11%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Limited Growth History (-5.59% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (-8.48% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-8.46% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Low Promoter Commitment (0.00%)
Observation: Reduced promoter stake may indicate limited confidence.
Analysis: Low promoter holding may raise questions about management commitment.
Limited Institutional Interest (FII+DII: 1.11%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Subex Ltd vs Software Products Peers
Peer Comparison - Software Products
Compare Subex Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Subex LtdSubex Ltd...Selected✓ SUBEXLTD • 532348 | 29.7/100 | ₹13.35₹13 | ₹757.62₹757.62 | 23.62Average 23.6 Average | 9.91%Poor 9.91% Poor | 13.07%Average 13.07% Average | 0.08Excellent 0.1 Excellent | -8.46%Poor -8.46% Poor | -5.59%Poor -5.59% Poor | 0.00% |
63.3/100 | ₹11625.00₹11625 | ₹101190.51₹101190.51 | 38.34Average 38.3 Average | 32.61%Excellent 32.61% Excellent | 45.28%Excellent 45.28% Excellent | 0.00Excellent 0.0 Excellent | 8.42%Good 8.42% Good | 9.01%Good 9.01% Good | 3.44% | |
Ce Info Systems LtdCe Info Systems... MAPMYINDIA • 543425 | 59.2/100 | ₹1175.80₹1176 | ₹6444.54₹6444.54 | 48.04Average 48.0 Average | 15.82%Good 15.82% Good | 22.00%Excellent 22.00% Excellent | 0.01Excellent 0.0 Excellent | 22.86%Excellent 22.86% Excellent | 25.47%Excellent 25.47% Excellent | 0.30% |
Lucent Industries LtdLucent Industri... LUCENT • 539682 | 43.2/100 | ₹1180.55₹1181 | ₹2424.83₹2424.83 | 82.62Average 82.6 Average | 55.54%Excellent 55.54% Excellent | 75.89%Excellent 75.89% Excellent | 0.14Excellent 0.1 Excellent | — — | — — | 0.06% |
Nucleus Software Exports LtdNucleus Softwar... NUCLEUS • 531209 | 47.2/100 | ₹762.35₹762 | ₹2011.39₹2011.39 | 17.86Average 17.9 Average | 13.08%Average 13.08% Average | 16.83%Good 16.83% Good | 0.01Excellent 0.0 Excellent | 1.95%Average 1.95% Average | 11.27%Good 11.27% Good | 1.64% |
Blue Cloud Softech Solutions LtdBlue Cloud Soft... BLUECLOUDS • 539607 | 21.6/100 | ₹21.61₹22 | ₹1994.78₹1994.78 | 32.97Average 33.0 Average | 11.58%Average 11.58% Average | 14.16%Average 14.16% Average | 0.29Excellent 0.3 Excellent | — — | — — | 0.00% |
Unicommerce eSolutions LtdUnicommerce eSo... UNIECOM • 544227 | 21.9/100 | ₹87.58₹88 | ₹965.01₹965.01 | 47.17Average 47.2 Average | 15.55%Good 15.55% Good | 21.09%Excellent 21.09% Excellent | 0.05Excellent 0.1 Excellent | — — | — — | 0.00% |
Quick Heal Technologies LtdQuick Heal Tech... QUICKHEAL • 539678 | 14.2/100 | ₹164.01₹164 | ₹897.35₹897.35 | — — | -2.49%Poor -2.49% Poor | -4.65%Poor -4.65% Poor | 0.00Excellent 0.0 Excellent | — — | -4.76%Poor -4.76% Poor | 0.00% |
Iris Business Services LtdIris Business S... IRIS • 540735 | 61.9/100 | ₹252.50₹253 | ₹520.06₹520.06 | 36.72Average 36.7 Average | 10.25%Average 10.25% Average | 12.55%Average 12.55% Average | 0.01Excellent 0.0 Excellent | 27.89%Excellent 27.89% Excellent | 17.59%Excellent 17.59% Excellent | 0.00% |
ABM Knowledgeware LtdABM Knowledgewa... ABMKNO • 531161 | 28.9/100 | ₹205.00₹205 | ₹428.29₹428.29 | 45.41Average 45.4 Average | 3.96%Poor 3.96% Poor | 6.54%Poor 6.54% Poor | 0.00Excellent 0.0 Excellent | -13.97%Poor -13.97% Poor | 2.98%Average 2.98% Average | 0.60% |
VIRTUAL GALAXY INFOTECH LVIRTUAL GALAXY ... VGINFOTECH • | 72.3/100 | ₹147.55₹148 | ₹366.93₹366.93 | 7.96Average 8.0 Average | 29.58%Excellent 29.58% Excellent | 33.74%Excellent 33.74% Excellent | 0.22Excellent 0.2 Excellent | 83.75%Excellent 83.75% Excellent | 34.05%Excellent 34.05% Excellent | 0.68% |
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Subex Ltd PE Ratio History
Historical price-to-earnings ratio for SUBEXLTD — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2022 | ₹0.38 | ₹33.90 | 89.2x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Subex Ltd Dividend History
Annual cash dividends paid by SUBEXLTD — dividend yield N/A
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2024 | ₹0.01 Cr |
| FY 2022 | ₹14.05 Cr |
| FY 2021 | ₹27.46 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Subex Ltd Quarterly Performance
Latest quarterly metrics for SUBEXLTD — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
3.34%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
157.10%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
-5.59%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
-8.46%
Compounded annual net profit growth over 5 years
Subex Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for SUBEXLTD — calculated from daily price history
Momentum is strong — price may be stretched. Watch for pullbacks.
Technical indicators are for educational purposes only. Not investment advice.
Subex Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Subex Ltd (SUBEXLTD) — sourced from NSE/BSE filings.
Loading Financial Statements...
Fetching financial data for Subex Ltd
About SUBEXLTD (Subex Ltd)
Subex Ltd is a pioneering force in the realm of telecommunications software, crafting innovative solutions to empower communication service providers (CSPs) across the globe. With ...a laser focus on maximizing profitability and operational efficiency, Subex equips CSPs with cutting-edge tools to navigate the increasingly complex digital landscape. The company's core strength lies in its sophisticated platforms that detect, mitigate, and prevent a wide spectrum of fraudulent activities, ensuring revenue integrity and safeguarding customer trust. By offering tailored software packages, Subex enables its clients to proactively manage risks, optimize resource allocation, and deliver superior services in a fiercely competitive market. At the heart of Subex's offerings are its advanced fraud management systems, meticulously designed to combat the ever-evolving tactics of telecom fraudsters. These intelligent solutions provide comprehensive protection against various threats, including sophisticated bypass schemes, the illicit use of handsets, and the pervasive menace of international revenue share fraud. Additionally, Subex stays ahead of emerging trends by providing specialized tools to detect and neutralize robocalling, SMS fraud campaigns, and the growing problem of scam and spam calls. With its proactive approach and commitment to continuous innovation, Subex empowers CSPs to maintain a secure and profitable business environment, fostering sustainable growth and customer loyalty. Beyond fraud management, Subex offers a unique signaling risk intelligence solution, providing real-time detection and prevention of protocol attacks targeting the core signaling infrastructure of mobile networks. This proactive defense mechanism shields CSPs from a variety of vulnerabilities, ensuring the integrity and reliability of their networks. By identifying and neutralizing threats at the signaling layer, Subex empowers operators to maintain network stability, prevent service disruptions, and safeguard sensitive data. This commitment to comprehensive security and risk mitigation makes Subex a trusted partner for CSPs seeking to fortify their infrastructure and deliver a seamless, secure customer experience in an increasingly interconnected world.
Company Details
Key Leadership
Corporate Events
SUBEXLTD Share Price: Frequently Asked Questions
What is the current share price of Subex Ltd?
Subex Ltd (SUBEXLTD) trades at ₹13.35 on NSE and BSE. Market cap ₹757.62 (Cr). Educational data only.
What is the P/E ratio of Subex Ltd?
Subex Ltd has a P/E of 23.62x vs industry average 34.85x.
What is the Bull Run score for Subex Ltd?
Subex Ltd has a Bull Run score of 29.7/100 based on 25+ financial parameters.
Does Subex Ltd pay dividends?
Subex Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Subex Ltd?
Subex Ltd has ROE of 9.91%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Subex Ltd?
Subex Ltd has debt-to-equity of 0.08.
Is Subex Ltd a good investment?
Bull Run gives Subex Ltd a score of 29.7/100. This is not investment advice — consult a SEBI-registered advisor.