Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of SUBEXLTD
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 47.27 | 67.29 | 76.81 | 81.82 | 83.80 | 68.16 | 74.16 | 72.69 | 70.60 | 66.40 | 68.91 | 70.79 | 72.96 |
| Expenses + | 84.03 | 82.03 | 81.38 | 81.24 | 80.72 | 74.20 | 72.27 | 70.19 | 83.60 | 62.47 | 62.63 | 61.75 | 63.80 |
| Operating Profit | -36.76 | -14.74 | -4.57 | 0.58 | 3.08 | -6.04 | 1.89 | 2.50 | -13.00 | 3.93 | 6.28 | 9.04 | 9.16 |
| OPM % | -77.77% | -21.91% | -5.95% | 0.71% | 3.68% | -8.86% | 2.55% | 3.44% | -18.41% | 5.92% | 9.11% | 12.77% | 12.55% |
| Other Income + | 3.72 | 1.35 | 1.28 | 1.41 | -145.26 | 1.92 | 5.42 | 1.07 | 2.76 | 15.81 | 1.52 | -0.25 | 7.35 |
| Interest | 0.72 | 0.70 | 0.66 | 0.63 | 0.64 | 0.59 | 0.59 | 0.54 | 0.50 | 0.99 | 0.82 | 0.66 | 0.80 |
| Depreciation | 3.82 | 3.87 | 4.20 | 3.75 | 3.78 | 3.66 | 3.73 | 3.35 | 3.38 | 4.04 | 2.76 | 2.37 | 2.91 |
| Profit before tax | -37.58 | -17.96 | -8.15 | -2.39 | -146.60 | -8.37 | 2.99 | -0.32 | -14.12 | 14.71 | 4.22 | 5.76 | 12.80 |
| Tax % | 25.55% | 7.35% | 35.58% | 104.60% | 6.76% | 33.93% | 79.26% | 915.62% | 24.65% | 12.92% | 32.23% | 49.13% | 22.42% |
| Net Profit + | -47.18 | -19.28 | -11.05 | -4.89 | -156.51 | -11.21 | 0.62 | -3.25 | -17.60 | 12.81 | 2.86 | 2.93 | 9.93 |
| EPS in Rs | -0.84 | -0.34 | -0.20 | -0.09 | -2.78 | -0.20 | 0.01 | -0.06 | -0.31 | 0.23 | 0.05 | 0.05 | 0.18 |
Financials of SUBEXLTD
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 360 | 322 | 357 | 324 | 348 | 365 | 372 | 333 | 279 | 310 | 286 | 279 |
| Expenses + | 275 | 231 | 268 | 290 | 297 | 279 | 273 | 298 | 309 | 325 | 300 | 253 |
| Operating Profit | 85 | 91 | 89 | 34 | 51 | 86 | 99 | 36 | -30 | -16 | -15 | 26 |
| OPM % | 24% | 28% | 25% | 11% | 15% | 24% | 27% | 11% | -11% | -5% | -5% | 9% |
| Other Income + | -4 | -87 | -97 | 13 | 3 | -303 | 8 | 10 | 8 | -141 | 11 | 27 |
| Interest | 61 | 62 | 20 | 8 | 2 | 6 | 4 | 3 | 3 | 3 | 2 | 3 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 15 | 14 | 10 | 14 | 16 | 14 | 12 |
| Profit before tax | 16 | -62 | -34 | 34 | 47 | -238 | 89 | 34 | -39 | -175 | -20 | 37 |
| Tax % | 36% | 21% | 29% | 40% | 46% | 13% | 42% | 38% | 31% | 10% | 59% | 24% |
| Net Profit + | 10 | -74 | -43 | 21 | 25 | -269 | 52 | 21 | -51 | -192 | -31 | 29 |
| EPS in Rs | 0.56 | -1.48 | -0.85 | 0.37 | 0.45 | -4.79 | 0.92 | 0.37 | -0.91 | -3.40 | -0.56 | 0.51 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 82% | 0% | 0% | 0% | 0% | 0% |
Financials of SUBEXLTD
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 183 | 503 | 507 | 562 | 562 | 562 | 281 | 281 | 281 | 281 | 281 | 281 |
| Reserves | 26 | 231 | 177 | 217 | 232 | -47 | 268 | 283 | 241 | 53 | 23 | 62 |
| Borrowings + | 725 | 228 | 186 | 32 | 0 | 49 | 26 | 15 | 33 | 28 | 19 | 28 |
| Other Liabilities + | 188 | 80 | 86 | 81 | 96 | 114 | 151 | 140 | 140 | 167 | 163 | 181 |
| Total Liabilities | 1,121 | 1,042 | 957 | 892 | 890 | 678 | 725 | 719 | 695 | 528 | 487 | 552 |
| Fixed Assets + | 865 | 775 | 668 | 666 | 664 | 393 | 375 | 368 | 385 | 228 | 217 | 228 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 14 | 9 | 22 | 32 |
| Other Assets + | 257 | 267 | 289 | 226 | 226 | 286 | 350 | 339 | 296 | 292 | 248 | 292 |
| Total Assets | 1,121 | 1,042 | 957 | 892 | 890 | 678 | 725 | 719 | 695 | 528 | 487 | 552 |
Financials of SUBEXLTD
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 64 | 66 | 54 | 54 | 55 | 66 | 91 | -8 | 9 | -8 | 10 | 72 |
| Cash from Investing Activity + | -11 | 7 | -11 | -7 | -11 | -2 | -6 | -34 | -36 | 34 | -15 | -33 |
| Cash from Financing Activity + | -47 | -36 | -55 | -91 | -34 | -13 | -32 | -15 | -7 | -9 | -12 | -9 |
| Net Cash Flow | 6 | 37 | -12 | -44 | 9 | 51 | 53 | -58 | -33 | 17 | -17 | 30 |
| Free Cash Flow | 58 | 63 | 48 | 51 | 52 | 63 | 82 | -14 | 4 | -11 | 7 | 68 |
| CFO/OP | 86% | 85% | 74% | 204% | 127% | 94% | 106% | 41% | -48% | -36% | -126% | 148% |
Financials of SUBEXLTD
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 110 | 126 | 121 | 105 | 90 | 92 | 98 | 106 | 118 | 120 | 99 | 122 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 110 | 126 | 121 | 105 | 90 | 92 | 98 | 106 | 118 | 120 | 99 | 122 |
| Working Capital Days | -69 | -128 | -96 | 51 | 60 | 62 | 69 | 110 | 71 | 44 | 25 | 103 |
| ROCE % | 9% | 7% | 10% | 4% | 6% | 13% | 16% | 6% | -6% | -5% | -6% | 13% |
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