Subex Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Subex reported Q1 FY27 revenue of Rs 79.45 crores, up 8.9% sequentially and 19.7% year-on-year, with EBITDA margin at 21.2% and PAT margin at 17.9%. Management said EBITDA grew fourfold compared to the same quarter last year and closed the quarter with cash and cash equivalents of Rs 184.8 crores. Management attributed the results to operational discipline, execution of the order backlog, cost management, and renewals across Middle East, Europe and Asia-Pacific customers.
Subex reported Q4FY26 revenue of Rs 72.96 crore, up from Rs 70.79 crore in the previous quarter, with EBITDA at Rs 10.58 crore and PAT at Rs 9.93 crore. Management said order intake grew 24% for the full year FY26 and highlighted new deal wins across North Africa, the Middle East and North America, along with continued investment in AI-based products such as FraudZap. Management also discussed liquidity strengthening by Rs 70 crore over the year and completion of an annual goodwill impairment exercise with no impairment required.