Spacenet Enters IND Ltd
NSE: SPCENET · Other · sector
₹3.17NSE close 2026-10-26
Key numbers
Market cap₹180 cr
Price₹3.17
52w high / low₹11 / ₹3
P/E8.8xSector median 14.4x
P/B1.0xSector median 1.7x
Book value₹3.1
Dividend yield–Sector median 0.37%
ROE15.3%Sector median 13.8%
ROCE15.6%Sector median 19.6%
OPM6.2%Sector median 10.4%
Debt / equity0.14xSector median 0.29x
EV/EBITDA17.2xSector median 8.4x
Interest cover21.4x
Current ratio2.19x
Sales growth 3y+10.4%Sector median +7.7%
Profit growth 3y+81.4%Sector median +16.6%
PEG0.09x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹25 cr (FY26): borrowings are higher by ₹22 cr.
- Borrowings rose in each of the last 3 years (₹0 cr → ₹25 cr).
- Operating profit covered interest 21.4x in the last 12 months.
- Operating cash flow was below net profit in 3 of the last 5 years (FY24, FY23, FY22).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 98% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹3.17 on 2026-10-26: -71.8% from the 52-week high, +5.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹26.24 · low ₹3.10
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 45 | 39 | 39 | 53 | 48 | 48 | 45 | 49 |
| EBITDA | 4 | 2 | 5 | 4 | 4 | 3 | 6 | -1 |
| OPM % | 9.0% | 4.3% | 11.9% | 8.3% | 7.2% | 6.2% | 13.6% | -1.8% |
| Other income | 0 | 0 | 1 | 0 | 3 | 1 | 0 | 20 |
| Net profit | 3 | 1 | 5 | 4 | 5 | 3 | 5 | 13 |
| EPS (₹) | 0.06 | 0.02 | 0.09 | 0.00 | 0.08 | 0.05 | 0.00 | 0.23 |
| Revenue YoY | +7.5% | +22.7% | +16.9% | -8.4% | ||||
| Profit YoY | +39.4% | +109.1% | +1.7% | +236.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 43 | 145 | 128 | 157 | 195 | 190 |
| EBITDA | 0 | 3 | 11 | 14 | 17 | 12 |
| Net profit | 1 | 3 | 10 | 12 | 16 | 25 |
| EPS (₹) | 0.03 | 0.05 | 0.20 | 0.22 | 0.00 | 0.36 |
| Revenue growth | +235.0% | -11.3% | +22.5% | +24.0% | +8.1% | |
| Profit growth | +278.9% | +288.1% | +13.9% | +35.2% | +90.1% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +10.4% | +86.2% | +8.1% |
| Net profit | +81.4% | – | +90.1% |
| EPS | – | – | – |
| Share price | – | -62.4% (2y) | -66.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 53 | 105 | 151 | 177 |
| Borrowings | – | 0 | 1 | 2 | 25 |
| Cash & equivalents | – | 2 | 6 | 2 | 3 |
| Total assets | – | 81 | 126 | 194 | 245 |
| Fixed assets | – | 0 | 1 | 1 | 14 |
| Capital work in progress | – | – | 10 | 30 | 15 |
| Investments | – | 19 | 41 | 57 | 59 |
| Receivables | – | 38 | 41 | 52 | 59 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 17 | 13 | 23 | 30 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -4 | -5 | -1 | 17 | 23 |
| Cash from investing | -15 | -8 | -40 | -50 | -45 |
| Cash from financing | 21 | 11 | 46 | 29 | 23 |
| Capex | 1 | 0 | 1 | 33 | 32 |
| Free cash flow | -5 | -5 | -2 | -16 | -10 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 5.1% | 9.9% | 7.9% | 9.1% |
| ROCE % | – | 5.4% | 10.2% | 8.7% | 8.9% |
| Debtor days | – | 95 | 115 | 121 | 111 |
| Inventory days | – | 0 | 1 | 1 | 0 |
| Payable days | – | 47 | 41 | 63 | 65 |
| Cash conversion cycle (days) | – | 48 | 75 | 59 | 46 |
| Working capital days | – | 75 | 130 | 101 | 88 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 15.50% |
| FIIs | 1.65% |
| Public (non-institutions) | 82.85% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 15.61% | 15.60% | 15.60% | 15.56% | 15.56% | 15.52% | 15.52% | 15.50% |
| Promoter group | % |
|---|---|
| SRI Matha Meenavalli | 7.30% |
| Ganesh Kumar Pilla | 7.04% |
| Meenavalli Usha Rani | 1.14% |
| Meenavalli Krishna Mohan | 0.01% |
| M V Laxmi | 0.01% |
| Meenavalli Krishna Mohan | 0.00% |
| Meenavalli Ganesh | 0.00% |
| Venkat Srinivas Meenavalli | 0.00% |
| Public holders above 1% | % |
|---|---|
| Matis Enterprise Private Limited | 22.42% |
| Reba Security Solutions Private Limited | 2.32% |
| Meshuga Private Limited | 1.51% |
| Elysian Wealth Fund | 1.25% |
| Rosmerta Technologies Limited | 1.25% |
| Horizon Realcon PVT. Ltd. | 1.14% |
| Turtle Crest Private Limited | 1.09% |
55,642 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| SPCENET | ₹180 cr | 8.8x | 1.0x | 15.3% | 15.6% | 6.2% | +10.4% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Service Income | ₹101 cr | 52.1% | ₹12 cr | 11.5% |
| Trading of Goods | ₹93 cr | 47.9% | ₹5 cr | 5.8% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-06-05 | Dividend | Interim Dividend - Rs. 0.01 Per Sh |
| 2024-09-20 | Other | Annual General Meeting |
| 2024-01-03 | Other | Extra Ordinary General Meeting |
| 2023-09-21 | Other | Annual General Meeting |
| 2023-01-20 | Other | Extra-Ordinary General Meeting |
| 2022-09-21 | Other | Annual General Meeting |
| 2021-09-16 | Other | Annual General Meeting |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-23 | Other | Annual General Meeting |
| 2018-09-21 | Other | Annual General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | SPCENET |
| BSE code | – |
| ISIN | INE970N01027 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.