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967

532348

SUBEXLTD

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No Data Available

SUBEX LTD performance

Today’s low

Today’s high

₹ 11.80 ₹ 12.08
₹ 11.92

52 week low

52 week high

₹ 10.55 ₹ 25.76
₹ 11.92

Open Price

₹ 12.08

Prev. Close

₹ 11.91

Volume (Shares)

1092160.00

Total traded value

₹ 130.18

Upper Circuit

₹ 14.29

Lower Circuit

₹ 9.53

info

SUBEX LTD Share Price Update

As of the latest trading session, SUBEX LTD share price is currently at ₹ 11.92, which is up by ₹ 0.01 from its previous closing. Today, the stock has fluctuated between ₹ 11.80 and ₹ 12.08. Over the past year, SUBEX LTD has achieved a return of -52.14 %. In the last month alone, the return has been -8.37 %. Read More...

Investment Returns

Over 1 Month [-]% Over 3 Months [-]% Over 6 Months [-]% Over 1 Year [-]%
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SUBEX LTD fundamentals


  • Market cap (Cr)

    671.90

  • P/E Ratio (TTM)

    -25.80

  • Beta

    1.62

  • Book Value / share

    3.01

  • Return on equity

    0.00%

  • EPS (TTM)

    0.00

  • Dividend yield

    0.00%

  • Net profit/quarter (Cr)

    -3.36

info icon alternate text
  • Market cap (Cr)

    669.10

  • P/E Ratio (TTM)

    -25.80

  • Beta

    1.45

  • Book Value / share

    3.01

  • Return on equity

    0.00%

  • EPS (TTM)

    0.00

  • Dividend yield

    0.00%

  • Net profit/quarter (Cr)

    -3.36

info icon alternate text

SUBEX LTD Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

info-icon

Revenue

Net income

Particulars SEP 2025 (Values in Cr)
Revenue 63.51
Operating Expense 67.21
Net Profit -3.36
Net Profit Margin (%) -5.29
Earnings Per Share (EPS) -0.06
EBITDA 0.60
Effective Tax Rate (%) -27.27
Particulars JUN 2025 (Values in Cr)
Revenue 62.56
Operating Expense 70.39
Net Profit 6.87
Net Profit Margin (%) 10.98
Earnings Per Share (EPS) 0.12
EBITDA 12.19
Effective Tax Rate (%) 9.36
Particulars MAR 2025 (Values in Cr)
Revenue 66.27
Operating Expense 87.06
Net Profit -21.92
Net Profit Margin (%) -33.07
Earnings Per Share (EPS) -0.40
EBITDA -16.64
Effective Tax Rate (%) -8.46
Particulars DEC 2024 (Values in Cr)
Revenue 69.08
Operating Expense 76.35
Net Profit -7.34
Net Profit Margin (%) -10.62
Earnings Per Share (EPS) -0.13
EBITDA -3.26
Effective Tax Rate (%) -6.37
Particulars SEP 2024 (Values in Cr)
Revenue 68.48
Operating Expense 77.08
Net Profit -4.58
Net Profit Margin (%) -6.68
Earnings Per Share (EPS) -0.08
EBITDA -0.33
Effective Tax Rate (%) -13.36
Particulars MAR 2025 (Values in Cr)
Revenue 268.81
Operating Expense 321.01
Net Profit -49.78
Net Profit Margin (%) -18.51
Earnings Per Share (EPS) -0.90
EBITDA -31.19
Effective Tax Rate (%) -8.71
Particulars MAR 2024 (Values in Cr)
Revenue 269.01
Operating Expense 320.56
Net Profit -213.25
Net Profit Margin (%) -79.27
Earnings Per Share (EPS) -3.86
EBITDA -182.12
Effective Tax Rate (%) -7.70
Particulars MAR 2023 (Values in Cr)
Revenue 273.52
Operating Expense 352.93
Net Profit -68.76
Net Profit Margin (%) -25.13
Earnings Per Share (EPS) -1.25
EBITDA -62.82
Effective Tax Rate (%) 10.68
Particulars MAR 2022 (Values in Cr)
Revenue 68.36
Operating Expense 72.89
Net Profit -4.47
Net Profit Margin (%) -6.53
Earnings Per Share (EPS) -0.08
EBITDA -2.71
Effective Tax Rate (%) 0.00
Particulars MAR 2021 (Values in Cr)
Revenue 29.16
Operating Expense 26.28
Net Profit 26.22
Net Profit Margin (%) 89.91
Earnings Per Share (EPS) 0.49
EBITDA 28.58
Effective Tax Rate (%) 1.09
Particulars MAR 2025 (Values in Cr)
Book Value / Share 5.49
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 0.07
EBITDA Margin -2.79
Particulars MAR 2024 (Values in Cr)
Book Value / Share 6.01
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 0.07
EBITDA Margin -3.07
Particulars MAR 2023 (Values in Cr)
Book Value / Share 9.39
ROE % -9.44
ROCE % -6.27
Total Debt to Total Equity 0.04
EBITDA Margin -7.79
Particulars MAR 2022 (Values in Cr)
Book Value / Share 10.15
ROE % 3.77
ROCE % 6.28
Total Debt to Total Equity 0.04
EBITDA Margin 13.88
Particulars MAR 2021 (Values in Cr)
Book Value / Share 9.96
ROE % 9.72
ROCE % 16.23
Total Debt to Total Equity 0.07
EBITDA Margin 28.68
Particulars MAR 2025 (Values in Cr)
Book Value / Share 3.01
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 0.12
EBITDA Margin -11.60
Particulars MAR 2024 (Values in Cr)
Book Value / Share 3.88
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 0.09
EBITDA Margin -12.70
Particulars MAR 2023 (Values in Cr)
Book Value / Share 7.65
ROE % 0.00
ROCE % 0.00
Total Debt to Total Equity 0.03
EBITDA Margin -22.91
Particulars MAR 2022 (Values in Cr)
Book Value / Share 8.83
ROE % -0.90
ROCE % -0.87
Total Debt to Total Equity 0.00
EBITDA Margin -3.92
Particulars MAR 2021 (Values in Cr)
Book Value / Share 9.13
ROE % 5.23
ROCE % 5.30
Total Debt to Total Equity 0.00
EBITDA Margin 51.97
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 78.38
Total Assets 486.96
Total Liabilities 486.96
Total Equity 304.48
Share Outstanding 562002935
Price to Book Ratio 4.05
Return on Assets (%) -6.45
Return on Capital (%) -10.33
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 100.60
Total Assets 529.72
Total Liabilities 529.72
Total Equity 333.51
Share Outstanding 562002935
Price to Book Ratio 7.74
Return on Assets (%) -36.19
Return on Capital (%) -57.49
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 109.15
Total Assets 703.62
Total Liabilities 703.62
Total Equity 521.84
Share Outstanding 562002935
Price to Book Ratio 3.71
Return on Assets (%) -7.27
Return on Capital (%) -9.81
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 108.67
Total Assets 720.08
Total Liabilities 720.08
Total Equity 563.67
Share Outstanding 562002935
Price to Book Ratio 3.64
Return on Assets (%) 2.91
Return on Capital (%) 3.72
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 145.01
Total Assets 726.66
Total Liabilities 726.66
Total Equity 548.55
Share Outstanding 562002935
Price to Book Ratio 3.89
Return on Assets (%) 7.11
Return on Capital (%) 9.33
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 17.16
Total Assets 299.77
Total Liabilities 299.77
Total Equity 164.87
Share Outstanding 562002935
Price to Book Ratio 4.05
Return on Assets (%) -16.60
Return on Capital (%) -30.19
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 12.16
Total Assets 346.61
Total Liabilities 346.61
Total Equity 213.88
Share Outstanding 562002935
Price to Book Ratio 7.74
Return on Assets (%) -61.52
Return on Capital (%) -99.71
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 45.60
Total Assets 605.68
Total Liabilities 605.68
Total Equity 423.87
Share Outstanding 562002935
Price to Book Ratio 3.71
Return on Assets (%) -11.35
Return on Capital (%) -16.22
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 8.77
Total Assets 543.64
Total Liabilities 543.64
Total Equity 489.26
Share Outstanding 562002935
Price to Book Ratio 3.64
Return on Assets (%) -0.82
Return on Capital (%) -0.91
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 3.97
Total Assets 579.19
Total Liabilities 579.19
Total Equity 501.66
Share Outstanding 562002935
Price to Book Ratio 3.89
Return on Assets (%) 4.52
Return on Capital (%) 5.23
Particulars MAR 2025 (Values in Cr)
Net Income -19.82
Cash from Operations 18.31
Cash from Investing -14.97
Cash from Financing -12.05
Net change in Cash -17.27
Free Cash Flow 20.72
Particulars MAR 2024 (Values in Cr)
Net Income -175.10
Cash from Operations 5.65
Cash from Investing 34.62
Cash from Financing -9.34
Net change in Cash 17.00
Free Cash Flow 8.38
Particulars MAR 2023 (Values in Cr)
Net Income -39.06
Cash from Operations 14.31
Cash from Investing -37.81
Cash from Financing -6.51
Net change in Cash -35.07
Free Cash Flow 19.24
Particulars MAR 2022 (Values in Cr)
Net Income 33.69
Cash from Operations 14.68
Cash from Investing -35.34
Cash from Financing -15.32
Net change in Cash -58.76
Free Cash Flow 20.08
Particulars MAR 2021 (Values in Cr)
Net Income 89.37
Cash from Operations 104.99
Cash from Investing -7.22
Cash from Financing -32.07
Net change in Cash 51.66
Free Cash Flow 113.61
Particulars MAR 2025 (Values in Cr)
Net Income -45.79
Cash from Operations 10.81
Cash from Investing -3.82
Cash from Financing -10.29
Net change in Cash -6.39
Free Cash Flow 12.11
Particulars MAR 2024 (Values in Cr)
Net Income -197.99
Cash from Operations 0.37
Cash from Investing -2.01
Cash from Financing -7.29
Net change in Cash -13.43
Free Cash Flow 2.85
Particulars MAR 2023 (Values in Cr)
Net Income -76.99
Cash from Operations 49.41
Cash from Investing -24.33
Cash from Financing -4.66
Net change in Cash 16.46
Free Cash Flow 52.73
Particulars MAR 2022 (Values in Cr)
Net Income -4.47
Cash from Operations -17.32
Cash from Investing 32.51
Cash from Financing -9.77
Net change in Cash 4.05
Free Cash Flow -17.32
Particulars MAR 2021 (Values in Cr)
Net Income 26.51
Cash from Operations 1.47
Cash from Investing 25.30
Cash from Financing -26.70
Net change in Cash 0.05
Free Cash Flow 2.02
Company Name Price P/E P/B Market Cap 52 Week Low/High
ZENSAR TECHNOLOGIES LTD 736.20 23.90 3.91 16739.17 558.50 / 985.00
WIPRO LTD 260.55 20.24 3.19 273221.14 225.05 / 324.55
INFORMED TECHNOLOGIES INDIA LT 78.80 151.54 1.49 32.86 54.00 / 140.00
PCS TECHNOLOGY LTD. 22.61 29.75 1.02 47.37 22.01 / 44.88
Company Name Price P/E P/B Market Cap 52 Week Low/High
ZENSAR TECHNOLOGIES LTD 736.20 26.80 5.21 16739.17 558.50 / 985.00
MIPCO SEAMLESS RINGS (GUJARAT) 26.05 0.00 -2.80 9.34 22.00 / 37.38
WIPRO LTD 260.55 22.68 4.23 273221.14 225.05 / 324.55
INFORMED TECHNOLOGIES INDIA LT 78.80 0.00 1.57 32.86 54.00 / 140.00

SUBEX LTD shareholding pattern

Holding

99.21%
0.77%
0.01%
Name Shares Category
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SUBEX LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
11.92 0.08 redarrow
red-green-graph indicator
0 Bearish
16 Bullish
  • 5 Days 11.90
  • 26 Days 12.20
  • 10 Days 11.90
  • 50 Days 12.50
  • 12 Days 12.00
  • 100 Days 13.00
  • 20 Days 12.10
  • 200 Days 14.70
11.90 PIVOT

First Support

11.76

First Resistance

12.05

Second Support

11.61

Second Resistance

12.19

Third Support

11.47

Third Resistance

12.34

RSI

43.04

ADX

8.23

MACD

-0.26

Williams % R

-50.00

Commodity Channel Index (CCI)

-50.64

Date

2025-12-12

Week

575054.00

Same Day

590244.00

Month

681743.00

1 Year

1.63

3 Year

1.47

Over 1 Month

-8.37%

down

Over 1 Year

-52.14%

down

Over 3 Months

-7.30%

down

Over 3 Years

-28.41%

down

Over 6 Months

-25.91%

down

Over 5 Years

-16.34%

down

SUBEX LTD Corporate Actions

Dividend date Dividend amount Dividend type Record date Instrument type
01 Jul 2021 0.25 Final 02 Jul 2021 Equity shares
10 Feb 2021 0.5 Interim 11 Feb 2021 Equity shares
19 Jul 2007 2.0 Final 23 Jul 2007 Equity shares
13 Feb 2007 1.5 Interim 14 Feb 2007 Equity shares
20 Jul 2005 0.0 Final 22 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
06 Jan 2006 05 Jan 2006 1:1
Dividend date Dividend amount Dividend type Record date Instrument type
01 Jul 2021 0.25 Final 02 Jul 2021 Equity shares
10 Feb 2021 0.5 Interim 11 Feb 2021 Equity shares
19 Jul 2007 2.0 Final 23 Jul 2007 Equity shares
13 Feb 2007 1.5 Interim 14 Feb 2007 Equity shares
20 Jul 2005 0.0 Final 22 Jul 2005 Equity shares
Ex-Date Ex-Bonus Ratio
06 Jan 2006 05 Jan 2006 1:1

Subex Ltd. Share results highlights

Subex Ltd. posted sales of ₹66 crore in Q1 FY25-26 versus ₹68 crore in Q1 FY24-25. Expenses came down to ₹62 crore in Q1 FY25-26 from ₹74 crore in Q1 FY24-25. Operating profit was ₹4 crore in Q1 FY25-26 compared to a loss of ₹6 crore in Q1 FY24-25. Net profit stood at ₹13 crore in Q1 FY25-26 against a net loss of ₹7 crore in Q1 FY24-25. 

Date Source: screener.in, and corporate filings on NSE/BSE

Subex Ltd. Share annual reports

Subex Ltd. reported sales of ₹286 crore in FY24-25 versus ₹310 crore in FY23-24. Operating loss stood at ₹15 crore in FY24-25 against ₹16 crore in FY23-24. Net loss was recorded at ₹31 crore in FY24-25 compared with ₹192 crore in FY23-24. These numbers present the company’s annual financial position. 

Date Source: screener.in, and corporate filings on NSE/BSE

Subex Ltd. Share dividends

Subex Ltd. has not declared any new dividend in nearly the last two decades. It has declared a 20% dividend with an ex-date of 19 July 2007. In August 2006, the payout was 10%, and back in July 2005, it declared a 20% dividend. 

Date Source: screener.in, and corporate filings on NSE/BSE

About Subex Ltd.

Subex Limited began its journey in 1994 as Subex Systems, a private limited company in Bangalore. Initially focused on marketing telecom hardware, the business soon shifted its attention to telecom software development, a change that shaped its long-term identity. The company went through a series of name changes in line with its growth trajectory — becoming Subex Azure in June 2006, and later, in December 2007, adopting the present identity of Subex Limited.

Through the late 1990s, Subex steadily repositioned itself. By 1997, hardware marketing had given way to software development, setting the foundation for its first public offering in July 1999. Around the early 2000s, Subex took strategic steps into product innovation and overseas expansion. The acquisition of intellectual property from Magardi Inc. in 2001 brought wireline fraud management and inter-carrier billing tools into its portfolio. At the same time, a support centre in Johannesburg marked a deeper push into Africa, followed soon by product launches like eProficio and RevMax at global telecom events.

The mid-2000s proved to be a period of consolidation and acquisitions. Subex established new subsidiaries, acquired businesses from Alcatel, Lightbridge, and Mantas, and introduced the Revenue Operations Centre concept between 2004 and 2006. The purchase of Azure Solutions in 2006 extended its reach throughout Asia Pacific and North America. A year later, the acquisition of Syndesis in Canada gave Subex a presence in the service assurance and fulfillment space. By this stage, Subex had already begun to position itself as a global provider of solutions built around revenue assurance, fraud management, and risk control.

From 2007 onward, Subex moved through a phase of product development and client wins. It partnered with Fintur Group in 2008, signed agreements with Econet Wireless in Kenya, and entered alliances with Telecom Italia and Swisscom for services in fraud management and IP-based networks. The expansion also covered Russia, where a deal with TransTeleKom opened managed services opportunities. At the same time, some restructuring took place — dormant subsidiaries were closed, mergers simplified its overseas structure, and by 2011, part of its activation business was sold to NetCracker.

Product development continued to be central. In 2012, the solutions for Mobile Money and Content Partner Management were launched, followed by analytics-driven products (ROCware and ROC Asset Assurance) in 2013 targeting operator challenges with data analysis and capital expenditure. In 2014, the company implemented a network analytics suite that provided telecom operators with control over spending.

Subex 3.0 and consulting services for telecom business assurance developed a new identity post-2017. At that time, IoT security, as evidenced by partnerships such as Pod Solutions, emerged as a focus for Subex. Furthermore, in 2019, Subex released CrunchMetrics, based on the use of AI and machine learning, which extended the Subex presence within anomaly detection. By 2020–21, the company was pushing further into analytics with HyperSense, an augmented analytics platform, and partnering with Telefónica on fraud management solutions. It also became part of the O-RAN Alliance, showing its commitment to open and AI-driven radio access networks.

Over three decades, Subex has maintained its base in Bangalore for product development while operating sales and support offices across markets, including the United States, Canada, the United Kingdom, the UAE, Singapore, and Australia. Its customer base has grown to more than 200 operators across 70 countries, including many large global wireless providers. The solutions cover revenue assurance, fraud management, credit risk, route optimisation, interconnect settlement, and managed services.

More recent years highlight the company’s focus on AI-driven assurance. In 2022–23, Subex featured in Gartner’s Market Guide for multi-persona data science and machine learning platforms. In 2024, it introduced the Technology Readiness Index for Business Assurance, positioned as a global benchmark. Around the same period, it secured a deal with a leading Southeast Asian telecom operator to deploy AI-based fraud management and business assurance solutions on its HyperSense platform.

From a moderate beginning in telecom hardware to its present role as a global provider of telecom analytics and assurance solutions, Subex’s history shows a steady shift toward technology-driven offerings. The company today operates in a specialised niche of fraud prevention, revenue assurance, and AI-powered analytics, continuing to serve operators navigating complex digital networks.

Popular FAQs

Who is the CEO of Subex Ltd ?

Nisha Dutt is the Managing Director and CEO of Subex Ltd.

 

When was Subex Ltd established?

Subex Ltd was established in 1992 and is a recognised leader in digital trust solutions.

 

What factors influence the Subex Share price?

The share price of Subex is influenced by demand for telecom solutions, regulatory policies, technological advancements, and financial performance.

 

Is Subex Ltd debt free?

While Subex has some debt, it is a low-debt company as it has prioritised debt clearance and reinvestment over investor dividend payment.

 

What is the CAGR of Subex Share?

If you consider a 5-year period, then Subex share price has shown a healthy CAGR of 32%. However, in the recent 3 years, it stands at -23%.

 

How has the Subex share Price performed over the past year?

The share price of Subex Ltd. has seen a decline in the past year with a CAGR of -30%.

SUBEX LTD Share Price

Subex Limited was incorporated in year 1994 as a private limited company with the name Subex Systems Limited. The name of the Company was changed from Subex Systems Limited to Subex Azure Limited on June 23, 2006 and thereafter was changed to Subex Limited in December, 2007.

Subex is a leading global provider of Business Support Systems (BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimization - thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The Company pioneered the concept of a Revenue Operations Center (ROC) - a centralized approach that sustains profitable growth and financial health through coordinated operational control. Their product portfolio powers the ROC and its best-in-class solutions such as revenue assurance, fraud management, credit risk management, cost management, route optimization, data integrity management and interconnect / inter-party settlement.

The Company also offers a scalable Managed Services program and has been the market leader in Business optimization for four consecutive years according to Analysys Mason (2007, 2008, 2009 & 2010). Business optimisation includes fraud, revenue assurance, analytics, cost management and credit risk management. The company has been awarded the Global Telecoms Business Innovation Award 2011 along with Swisscom for the industry's first successful Risk Reward Sharing model for Fraud Management.

It serves over 200 customers spread across 70 countries. Their customers include 16 of top 20 wireless operators worldwide and 26 of the world's 50 biggest telecommunications service providers. The company has more than 300 installations across 70 countries.

The company conceptualizes and develops software products at their facilities in Bangalore and is focused on the telecom business segment. They have sales and support offices in the United States, Canada, UK, UAE, India, Singapore and Australia.

In July 1999, they came out with an initial public offer. In the year 1997, the business shifted from telecom hardware marketing to telecom software development.

During the year 2001-02, the company acquired the Intellectual Property Rights comprising software codes and licenses of OUTsmartTM, a wireline fraud management system and INchargeTM, an inter-carrier billing verification system from PricewaterhouseCoopers, Inc, receiver of the property assets and undertaking of Magardi Inc on behalf of Toronto-Dominion Bank, and secured lenders of Magardi Inc at a total cost of Rs 1,589.57 lakh.

In April 2001, the company opened a new support center in Johannesburg to support their increasing presence in the continent. In November 2001, they launched their new product eProficioTM - Electronic Business Support System (EBSS) at the GSM Africa event in Cape Town, South Africa. In February 2002, they also launched their revenue maximization suite, RevMaxTM at the 3GSM World Congress in Cannes, France.

During the year 2004-05, the company formed Subex Technologies Ltd, as a wholly-owned subsidiary of the company. They acquired Alcatel's Fraud Management Group and Lightbridge's Fraud Centurion during the year. Also, they launched RevMax suite during this period.

During the year 2005-06, the company acquired the telecom fraud management business of Mantas, Inc. The company launched Revenue Operations Center (ROC) concept during this period. They also launched their third product, ONtrack Subscriber Risk Management Solution during the year.

In June 23, 2006, the company acquired the entire share holding of Azure Solutions Ltd UK, which has two wholly owned subsidiaries, namely Subex Azure (Asia Pacific) Pte Ltd and Subex Azure Inc.

In April 1, 2007, the company acquired Syndesis Ltd in Canada, a company engaged in Service Assurance and fulfillment space in the Telecom service industry. Pursuant to the acquisition, Syndesis Ltd was renamed as Subex Americas Inc. During the year 2007-08, the services business of Subex Ltd including the investments in Subex Technologies Inc were transferred to Subex Technologies Limited, a wholly owned subsidiary company through a scheme of arrangement and Subex Technologies Inc became a wholly ownedsubsidiary of Subex Technologies Ltd.

In April 2008, the company won a contract from Fintur Group, to deliver Fraud Management solutions across all group companies.

In May 2008, the company launched WiMAX enabled Syndesis express solution. In September 2008, they launched Rapid Mobile Solution, a compact revenue management solution to help growing operators rapidly develop revenue management capabilities and realize immediate ROI.

In November 2008, the company signed a contract with Econet Wireless Kenya for providing their revenue operations centre. In February 2009, the company made an alliance with Telecom Italia to enable next generation IP and DSL services including virtual private networks (VPN), virtual local area networks (VLAN) and multi-protocol label switching (MPLS). Also, they partnered with Swisscom to co-operate in the field of fraud management.

In March 2009, the company signed a reseller agreement with JSC 'Company TransTeleKom', one of Russia's top three fixed network providers in which the two companies will jointly provide managed services covering Fraud Management and Revenue Assurance to growing operators in Russia.

During the year 2009-10, the dormant subsidiaries of Subex Americas Inc, namely 2101874 Ontario Inc, Subex Azure (GB) Ltd and Subex Azure (Ireland) Limited were closed down. Also, Subex Azure (US) Inc and Subex Azure (Delaware) Inc, the two subsidiaries of Subex Azure Holdings Inc, were merged to its holding company.

In May 2011, the company launched Version 7.0 of their Industry leading Revenue Operations Centre (ROC) Data Integrity Management Solution. In June 2011, they launched a new version of its industry leading Revenue Operations Center (ROC) Revenue Assurance Version 4.1. In September 2011, the company signed an Asset Purchase agreement with NetCracker for the sale of its Activation business. The Activation business that is being sold off consists of Service Fulfilment solution (NetProvisioning, NetOptimizer and Vector).

In 2012, the Company launched new solutions packages to address adjacent areas like Mobile Money and Content Partner Management.

In 2013, it pioneered the vendor-supplied Fraud Management Systems (FMS) with the Company's first standalone software product offered in 2000. Besides, the Company introduced ROCware - an analytics software, which helps CSPs analyse billions of data inputs with the objective to provide actionable intelligence and insights to CSPs. It launched ROC Asset Assurance solution, a pioneering solution that effectively manages and reduces network capital expenditure.

In 2014, Subex introduced the network analytics solution suite to facilitate substantial capex reduction for telecom operators.

In May 2017, Subex launched Subex 3.0. Also unveiled its new brand identity. In October 2017, it launched Consulting and Advisory Services for Telecom Business Assurance. The Company transferred SEZ units I & II to its subsidiary, Subex Assurance LLP, with effect from November 01, 2017 i.e. the effective date of the business Restructuring.

In February 2018, Pod Solutions and Subex partnered to provide advanced security for IoT Billing and Connectivity Service. Besides, it also launched multi-vertical IoT Security solution in 2018.

In January 2019, company launched 'CrunchMetrics' as new product, which is an AI/ML based anomaly detection analytics solution for business incident discovery.

In 2021-21, it launched HyperSense - an augmented analytics platform for enterprise customers. Further, it launched Partner Ecosystem Management platform to accelerate their digital services portfolio expansion.

In 2020-21, Subex partnered with Telefónica, to provide the latest version of Subex Fraud Management Solution. The Company became a member of the O-RAN Alliance to support the development and standardisation of Open RAN (radio access networks). With its expertise in advanced network analytics based on machine learning, Subex joined the alliance to help drive innovation into the radio access network domain - ultimately facilitating Open RAN that leverages embedded artificial intelligence (AI) to maximise network performance.

In 2022-23, Subex, a pioneer in the space of telecom AI, was named as 'Gartnerr Market Guide' for Multipersona Data Science and Machine Learning Platforms (DSML). In 2024, Company introduced the first ever Technology Readiness Index for Business Assurance: A Global Benchmark. Subex announced that it has won a deal with a leading telecom operator in Southeast Asia, embracing the AI-based Fraud Management and Business Assurance Solutions on HyperSense in FY24.

The Company launched Subex AI Agents domain trained, LLM-powered agentic systems to bring automation to fraud detection, business assurance and investigative workflows in FY 2025.

Parent organization Indian Private
NSE symbol SUBEXLTD
Founded 1994
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Frequently Asked Questions

What is the Current Share Price of Subex Ltd?

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Subex Ltd share price is for NSE ₹ 11.92 & for BSE ₹ 11.96 as on Dec 12 2025 03:30 PM.

What is the Market Cap of Subex Ltd Share?

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The market cap of Subex Ltd for NSE ₹ 669.90 & for BSE ₹ 672.15 as on Dec 12 2025 03:30 PM.

What is the 52 Week High and Low of Subex Ltd?

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The 52 Week High and Low of Subex Ltd for NSE is ₹ 25.76 and ₹ 10.55 and for BSE is ₹ 25.76 and ₹ 10.57.

What is 1 year return for Subex Ltd?

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The 1 year returns on the stock has been -52.14%.

What is the P/E Ratio of Subex Ltd Share?

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As on Dec 12 2025 03:30 PM the price-to-earnings (PE) ratio for Subex Ltd share is -25.80.

What is the PB ratio of Subex Ltd Share?

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As on Dec 12 2025 03:30 PM, the price-to-book (PB) ratio for Subex Ltd share is 3.01.

How to Buy Subex Ltd Share?

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You can trade in Subex Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Subex Ltd Share on Bajaj Broking App?

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To buy Subex Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Subex Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

Who is the CEO of Subex Ltd ?

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Nisha Dutt is the Managing Director and CEO of Subex Ltd.

When was Subex Ltd established?

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Subex Ltd was established in 1992 and is a recognised leader in digital trust solutions.

What factors influence the Subex Share price?

Answer Field

The share price of Subex is influenced by demand for telecom solutions, regulatory policies, technological advancements, and financial performance.

Is Subex Ltd debt free?

Answer Field

While Subex has some debt, it is a low-debt company as it has prioritised debt clearance and reinvestment over investor dividend payment.

What is the CAGR of Subex Share?

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If you consider a 5-year period, then Subex share price has shown a healthy CAGR of 32%. However, in the recent 3 years, it stands at -23%.

How has the Subex share Price performed over the past year?

Answer Field

The share price of Subex Ltd. has seen a decline in the past year with a CAGR of -30%.

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