Spacenet Enterprises India Limited

Spacenet Enterprises India Limited (SPCENET) is a micro-cap Services company valued at ₹182 crore operating in Trading & Distributors on the NSE and BSE.

Recent price move

Spacenet Enterprises India Limited last traded at ₹3.18, modestly up 1.92% on the day.

Recent developments

On 2026-06-05, the company announced a dividend of ₹0.01 per share, effective from that date. The latest quarter results show a significant jump in net profit, which may reflect improved operational efficiency or cost management.

Financial performance

The company's business is improving, with annual revenue rising 24.0% and net profit growing 37.1% year-on-year. However, the latest quarter saw revenue fall 7.8% compared to the same quarter a year earlier, while net profit surged 244.0%, indicating strong performance in the most recent period.

Valuation multiples

The stock trades at 11.4 times earnings, a discount to the Services median of 16.3, 1.11 times book value. It yields 0.3%.

Things to watch

The stock is 71.2% below its 52-week high, which highlights a substantial decline from recent peak levels. The company's net profit margin, while up, remains relatively low at 8.4%, and the return on equity of 9.1% suggests limited profitability relative to equity invested.

Where it stands

The company has shown strong growth in both revenue and net profit over the past year, with a notable increase in net profit in the latest quarter. However, the stock remains far below its 52-week high, and the net profit margin is still modest. The most significant movement is the sharp rise in net profit in the latest quarter.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.