Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 05 Aug 2026, 05:21 PM IST · BSE ID: f0c60891-8694-42e7-a597-0425c212a5c0
View Original BSE Filing (PDF)
💡
In Simple Terms
Subex reported its first quarter financial results and decided to create a new employee stock option plan, pending shareholder approval.
🤖 AI Summary
- Subex Ltd reported unaudited standalone net profit of ₹ 855 Lakhs for Q1 FY27.
- Consolidated net profit was ₹ 824 Lakhs for the quarter ended June 30, 2026.
- Board approved Subex Employee Stock Option Plan 2026 (ESOP 2026) up to 5% of total paid-up equity shares.
- ESOP 2026 implementation through Trust Route for secondary acquisition of shares from open market.
- Both ESOP initiatives are subject to formal approval by the Company's shareholders.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Net Profit Q1 FY27
₹ 855 Lakhs
24.45%
Standalone Total Income Q1 FY27
₹ 7,579 Lakhs
-2.80%
Consolidated Net Profit Q1 FY27
₹ 824 Lakhs
1.23%
Consolidated Total Income Q1 FY27
₹ 7,495 Lakhs
-2.75%
ESOP 2026 Share Grant Limit
5% of total paid up equity shares
🏢 How This Affects the Company
Standalone net profit for Q1 FY27 was ₹ 855 Lakhs, an increase from ₹ 687 Lakhs in Q1 FY26. Consolidated net profit for Q1 FY27 was ₹ 824 Lakhs, compared to ₹ 814 Lakhs in Q1 FY26.
The approval of ESOP 2026, if cleared by shareholders, introduces a new framework for employee equity incentives, potentially impacting talent retention.
The proposed ESOP scheme, if implemented through secondary acquisition, would involve the Trust purchasing shares from the open market, which could affect share demand.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will need to vote on the proposed Subex Employee Stock Option Plan 2026 (ESOP 2026) and its implementation via the Trust Route.
👤
Who Is Affected
All existing shareholders will be affected by the potential dilution and market purchases if ESOP 2026 is approved, which grants up to 5% of total paid-up equity shares.
🔍
Management Signal
Management intends to enhance employee incentives and retention through equity participation, subject to necessary shareholder approvals.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder meeting for approval of ESOP 2026 plan.
Results of the ESOP Trust's secondary acquisition of shares.
Q2 FY27 financial results — check revenue and profit trends.
MEDIUM RISK
Decrease in total income and pending shareholder approval for ESOP add elements of uncertainty.
💡 Investor Takeaway
Subex Ltd reported Q1 FY27 standalone net profit of ₹ 855 Lakhs, a 24.45% increase YoY, despite total income declining to ₹ 7,579 Lakhs. The Board approved an ESOP 2026, granting up to 5% of equity shares, pending shareholder approval.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Net Profit for Q1 FY27 increased to ₹ 855 Lakhs from ₹ 687 Lakhs in the comparable prior period.
- Consolidated Net Profit for Q1 FY27 reached ₹ 824 Lakhs, up from ₹ 814 Lakhs in the prior comparable period.
⚠️ Concerns
- Standalone total income decreased to ₹ 7,579 Lakhs in Q1 FY27 from ₹ 7,797 Lakhs in Q1 FY26.
- Consolidated total income decreased to ₹ 7,495 Lakhs in Q1 FY27 from ₹ 7,707 Lakhs in Q1 FY26.
📅 Company Track Record
Subex Ltd reported FY26 PAT of ₹ 2,853 lakhs in May 2026, reversing a prior year loss. Q4 FY26 PAT was ₹ 993 lakhs. This Q1 FY27 filing follows these recent positive full-year results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Subex Ltd's standalone net profit for the quarter ended June 30, 2026?
Subex Ltd's standalone net profit for the quarter ended June 30, 2026, was ₹ 855 Lakhs.
What was Subex Ltd's consolidated net profit for Q1 FY27?
Subex Ltd's consolidated net profit for the quarter ended June 30, 2026, was ₹ 824 Lakhs.
What is the maximum limit for Subex Employee Stock Option Plan 2026?
The Subex Employee Stock Option Plan 2026 (ESOP 2026) is approved for granting options up to 5% of the total paid up equity shares of the Company.
How will the Subex ESOP 2026 be implemented?
The Subex ESOP 2026 will be implemented through the Trust Route, where the existing Trust will acquire existing equity shares from the open market.
Did Subex Ltd's total income increase in Q1 FY27?
No, Subex Ltd's standalone total income decreased to ₹ 7,579 Lakhs in Q1 FY27 from ₹ 7,797 Lakhs in Q1 FY26, and consolidated total income decreased to ₹ 7,495 Lakhs from ₹ 7,707 Lakhs in the comparable prior period.
Questions based on this BSE filing only. For information purposes.