Subex Q2 FY26 results: PAT swings to profit, ESOPs granted

Pat Growth 25pctEbitda Margin ExpansionAuditor Mid Year ChangeRevenue DeclineResults View source PDF Explain this filing

SUBEXLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+9.7%Reaction day

₹12.38

prior close

₹13.49

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+10.0% vs market

On the reaction day the stock moved 10.0 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.2

10m

-1.9

15m

+0.7

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+9.7-0.3+10.0

Next day

+4.8+0.7+4.1

+4.0+0.6+3.5

+4.6+0.5+4.1

+5.0+1.1+3.9

+4.6+0.3+4.3

+3.7-0.2+3.9

15d

-3.5-2.2-1.2

-3.1-4.9+1.9

-15.7-7.5-8.2

-12.0-4.8-7.2

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Subex posted Q2 FY26 consolidated revenue of Rs 6,891 lakhs, up from Rs 6,640 in Q1. H1 FY26 revenue was Rs 13,531 lakhs vs Rs 14,232 last year. H1 FY26 PAT swung to profit of Rs 1,567 lakhs from a loss of Rs 1,059. Normalised EBITDA improved to Rs 1,158 lakhs from negative Rs 278. Board granted 600,000 stock options. Three directors ceased office.

Likely market impact

Improved profitability and EBITDA signal recovery, but revenue still trails last year.