Subex Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Subex Limited's yearly results (2023–2026), compared with Technology companies in India. Tap ? on any ratio for what it means.
What stands out
- Steadiness Ratio: Sales grew in 1 of the last 3 years; profit grew in 2 of 3. Less steady than 89% of Technology companies in India.
- Cash Cushion Ratio: Cash, after subtracting all debt, equals 15% of its market value (net cash). Higher than 88% of Technology companies in India.
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹64 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 86% of Technology companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
8.0×Over the last 3 years its own operating cash covered its investment spending (capex) 8.0 times.
Higher than 76% of Technology companies in India.
Cash Locked Ratio
—Data incomplete
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 89% of Technology companies in India.
Growth Efficiency Ratio
—Sales barely changed
Sales changed by +0% in 3 years, too little to measure extra profit per extra sales.
Asset Productivity Ratio
+0% / -22%In 3 years sales changed by +0% while total assets changed by -22%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
10.8×Debt due within a year is covered 10.8 times by its yearly operating cash.
Higher than 82% of Technology companies in India.
Cash Cushion Ratio
+15%Cash, after subtracting all debt, equals 15% of its market value (net cash).
Higher than 88% of Technology companies in India.
Tangible Assets Ratio
64%Of every ₹100 the company owns, ₹64 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 86% of Technology companies in India.
Tangible Net Worth Ratio
43%Of every ₹100 of net worth, ₹43 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 84% of Technology companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Subex Limited owes ₹0.38 for every ₹1 it owns. Subex Limited returned to profit in the year to Mar 2026, after a loss the year before.
Compared with Technology companies in India · latest annual results Mar 2026.
P/E ratio
31.7Investors pay ₹31.7 for every ₹1 of Subex Limited's yearly profit, higher than 61% of Technology companies in India.
P/B ratio
2.77The share price is 2.77 times Subex Limited's book value per share, lower than 60% of Technology companies in India.
Market cap
₹949 CrThe total market value of all of Subex Limited's shares at today's price (share price × number of shares), smaller than 64% of Technology companies in India. PosiCap size class: Micro Cap.
Net worth (book value)
₹343 CrWhat Subex Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹6.18Net worth divided by the number of shares. The share price of ₹17.10 is 2.8 times this, which is the P/B above.
Return on equity (ROE)
8.7%Subex Limited earned 8.7% on its shareholders' money over the last year, lower than 67% of Technology companies in India.
Owes vs Owns
0.38×Subex Limited owes ₹0.38 for every ₹1 it owns (low), higher than 50% of Technology companies in India.
Dividend yield
NoneSubex Limited does not currently pay a dividend.
Revenue growth
-2%Revenue fell 2% in the year to Mar 2026, and grew 0% a year on average over 3 years.
Profit growth
Back to profitSubex Limited returned to profit in the year to Mar 2026, after a loss the year before.
Profit margin
10.2%Subex Limited keeps ₹10 of every ₹100 of revenue as net profit.
Cash quality
2.5×Cash from Subex Limited's business was 2.5× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
5.1×Subex Limited's operating profit covered its interest costs 5.1 times in the year to Mar 2026.
Cash vs debt
Net cashSubex Limited held ₹138 Cr more cash than debt (net cash) at Mar 2026.
Questions
What is Subex Limited's P/E ratio?
Investors pay ₹31.7 for every ₹1 of Subex Limited's yearly profit, higher than 61% of Technology companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Subex Limited: ₹949 Cr ÷ ₹343 Cr (31 Mar 2026) = 2.8.
What is Subex Limited's return on equity?
Subex Limited earned 8.7% on its shareholders' money over the last year, lower than 67% of Technology companies in India.
How much does Subex Limited owe compared with what it owns?
Subex Limited owes ₹0.38 for every ₹1 it owns (low), higher than 50% of Technology companies in India.
Does Subex Limited pay a dividend?
No. Subex Limited does not currently pay a dividend.
Is Subex Limited's revenue growing?
Revenue fell 2% in the year to Mar 2026, and grew 0% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.