Subex Ltd
NSE:SUBEXLTD
Subex Ltd
Subex Ltd. engages in providing business support systems to communications service providers worldwide. The company is headquartered in Bangalore, Karnataka. The company went IPO on 2003-09-10. The firm provides operations and business support systems (OSS/BSS) to communication service providers (CSPs) in the telecom industry. Its segments include software products and software-related services. The firm offers products and services such as HyperSense, Business Assurance, Fraud Management, Network Asset Management, Capacity Management, Partner Ecosystem Management, Analytics Center of Trust (ACT), Subex Secure, and IDcentral. The company provides business and operations support systems (B/OSS) solutions to telecom service providers. Its solutions include fraud management, network security, business assurance, partner ecosystem management, network analytics, analytics center of trust, Internet of Things (IoT) & Operational Technology (OT) security, anomaly detection, and digital identity. The firm operates across India, the United States of America (USA), the United Kingdom, Singapore, Canada, Bangladesh, and UAE.
Subex Ltd. engages in providing business support systems to communications service providers worldwide. The company is headquartered in Bangalore, Karnataka. The company went IPO on 2003-09-10. The firm provides operations and business support systems (OSS/BSS) to communication service providers (CSPs) in the telecom industry. Its segments include software products and software-related services. The firm offers products and services such as HyperSense, Business Assurance, Fraud Management, Network Asset Management, Capacity Management, Partner Ecosystem Management, Analytics Center of Trust (ACT), Subex Secure, and IDcentral. The company provides business and operations support systems (B/OSS) solutions to telecom service providers. Its solutions include fraud management, network security, business assurance, partner ecosystem management, network analytics, analytics center of trust, Internet of Things (IoT) & Operational Technology (OT) security, anomaly detection, and digital identity. The firm operates across India, the United States of America (USA), the United Kingdom, Singapore, Canada, Bangladesh, and UAE.
Return to Profitability: Subex achieved operational profitability for the first time since June 2022, with positive PAT driven by core business rather than one-off items.
Revenue Growth: Revenue grew approximately 4% quarter-over-quarter, reaching INR 68.9 crores for Q2.
Order Wins: The company announced new deals worth USD 15 million, including multi-year renewals and significant wins in APAC, Europe, Middle East, and Africa.
Board and Management Reset: Subex is actively reconstituting its Board and has made leadership changes, including appointing a new sales head in Europe.
AI Recognition: Subex was recognized in Gartner's Magic Quadrant for AI in CSP operations for the second consecutive year.
Order Book Strength: Management highlighted a robust and growing order book, with a current active pipeline targeted at $180–200 million.
Ongoing Cleanup: Most legacy business cleanup is done, but some structural and financial issues remain under review.
Guidance: The company aims to sustain profitability going forward and expects H2 to be slightly better than H1.
