SPCENET

Spacenet Enterprises India Limited

Listed company · ISIN INE970N01027 · NSE EQ · FV ₹1
Last price
₹3
-1.54%today
What this company does

Spacenet Enterprises India Limited is a listed company. It booked ₹49 cr of revenue in its latest quarter (Q1 FY27) and kept 26.1% of sales as profit.

The company is primarily engaged in trading of commodities and providing Information technology related services.
In the report:
75out of 100
Equitytale Health Score
Solid

Healthier than 75% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
38

At close. Not part of the score.

Profitability & returns90

How much profit it earns on the money it employs

Balance sheet70

How much it owes, and whether earnings cover the interest

Cash quality36

Whether reported profit actually arrives as cash

Growth & consistency81

Whether sales and profit have grown, and how steadily

Valuation90

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Strong 26% net margin
Profit up 237% vs last year
No promoter shares pledged
Strong 29% return on equity
Turns profit into real cash
Watch-outs
! Sales down 8% vs last year

What if I invest in SPCENET?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹3 -1.54%
latest close · 2026-09-17
1-year return
+275.3%
52-wk low ₹152-wk high ₹4
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio3.5Low
LowAverageHigh
P/B ratio1.02Moderate
Below bookModerateHigh
EV / EBITDA2.7Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity28.9%Strong
WeakFairStrong ▸15%
Return on capital33.8%Strong
WeakFairStrong
Net margin26.1%Strong
ThinDecentStrong
EBITDA margin38.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.14Comfortable
LowModerateHigh ▸1
Interest cover17.6×Strong
RiskyOkayStrong ▸5×
Current ratio2.19Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹181 cr
Book value
₹3
EPS
₹0.23
latest quarter
Net debt
₹22 cr
owes more than its cash
Enterprise value
₹203 cr
EBITDA
₹76 cr
annualised
EBIT
₹69 cr
annualised
Operating margin
35.5%
Return on assets
20.9%
Earnings yield
28.84%
P/S
0.93
Sales / share
₹3.4
Tax rate
15.9%
Face value
₹1
Shares
56.8 cr
Working capital
₹47 cr
Current assets
₹87 cr
Current liabilities
₹40 cr
Delivery %
76.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
The models disagree too widely to call this cheap or dear — likely a hard-to-compare or transitioning business.
Models span ₹1₹3, midpoint ₹2

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹49 cr
Other Income₹20 cr
Total Income₹69 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹48 cr
Employee Benefit Expense₹76.6 L
Finance Costs₹98.9 L
Depreciation & Amortisation₹2 cr
Other Expenses₹1 cr
Total Expenses₹52 cr
Profit before Tax₹16 cr
Tax Expense₹3 cr
Net Profit₹14 cr
Net margin on total income20.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹48 cr69.5%
Employee benefit expense₹76.6 L1.1%
Finance costs₹98.9 L1.4%
Depreciation & amortisation₹2 cr2.4%
Other expenses₹1 cr1.8%
Tax expense₹3 cr3.8%
Profit for the period₹14 cr20.0%
Total income ₹69 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ2 FY26Q3 FY26Q1 FY27
Revenue48 cr48 cr49 cr
Total income51 cr49 cr69 cr
Expenses46 cr46 cr52 cr
Profit before tax6 cr3 cr16 cr
Tax71 L12.8 L3 cr
Net profit (owners' share)5 cr3 cr13 cr
Net margin (owners' share, on revenue)10.0%5.8%26.1%
EPS (₹)0.080.050.23
YoY (latest quarter): total income +28.5% · net profit +236.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹245 cr
Shareholder equity
₹177 cr
parent shareholders
Total debt
₹25 cr
Cash
₹3 cr
Cash flow · H1 FY26
Operating
₹6 cr
Investing
₹-5 cr
Financing
₹-1 cr
Corporate actions
Dividend yield
0.31%
trailing 12 months
Dividend / share (TTM)
₹0.01
Last dividend
₹0.01
ex 5 Jun 2026
ActionDetailEx-date
Dividend₹0.01 / share5 Jun 2026
Who owns it · 2026-06-30
No pledge
Promoter
15.5%
FII / Foreign
1.6%
DII / Domestic
Retail / others
82.8%
Promoter stake down 0.5% over the last 12 quarters.
Smart-money activity
Insider trades
SoldDasigi Venkata Surya Prakash Rao · Director3.00 L21 Dec 22
BoughtD SAILAJA · Immediate relative2.50 L21 Dec 22
BoughtDASIGI SAVITRI · Immediate relative50,00021 Dec 22
Bulk / block deals
SoldAPR PROPERTIES PRIVATE LIMITED · NSE30.52 L @ ₹7.8111 Mar 25
short · NSE1,84531 Jan 25
SoldDEVI TRADERS LLP · NSE29.94 L @ ₹6.730 Jan 25
Stake changes
SoldBasukinath Properties Pvt Ltd→ 3.91% · 17.74 L15 Jun 23
SoldAPR Properties Private Limited→ 1.04% · 44.79 L15 Jun 23
DisposalMrs. Usha Rani Meenavalli · promoter→ 1.22%30 Mar 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2025
See the official result
1
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON AND THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025, TOGETHER WITH THE REPORT OF THE AUDITORS THEREON
Backed by 100% of shareholders other than promotersneeded 50%
19.70 cr votes for, 7,553 against
2
TO APPOINT MR. GHANSHYAM DASS (DIN: 01807011), WHO RETIRES BY ROTATION AS A DIRECTOR AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT.
Backed by 100% of shareholders other than promotersneeded 50%
19.70 cr votes for, 17,574 against
3
APPOINTMENT OF SECRETARIAL AUDITOR
Backed by 100% of shareholders other than promotersneeded 50%
19.70 cr votes for, 7,573 against
4
APPROVAL UNDER SECTIONS 180(1)(C) AND 180(1)(A) OF THE COMPANIES ACT, 2013 FOR BORROWING MONIES IN EXCESS OF LIMITS AND FOR CREATION OF SECURITY ON THE ASSETS OF THE COMPANY
Backed by 100% of shareholders other than promotersneeded 75%
19.70 cr votes for, 18,552 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 15.5% between them · as of 2026-06-30
SRI MATHA MEENAVALLI7.30%
GANESH KUMAR PILLA7.05%
MEENAVALLI USHA RANI1.14%
M V LAXMI0.01%
MEENAVALLI GANESHno shares
MEENAVALLI KRISHNA MOHANno shares
VENKAT SRINIVAS MEENAVALLIno shares
Business done with them
FY2025 · 1 of the group
The company paid ₹2 cr to companies in the promoter group last year — about 1.5% of its ₹157 cr revenue.
Usha Rani Meenavalli
Contribution made to them · Professional Fees Rent Salary Sale of Bullion Loan Taken Loan Repaid
also owns 1.14% of the company
₹2 cr
company paid
Usha Rani Meenavalli
Paid them for services · Professional Fees Rent Salary Sale of Bullion Loan Taken Loan Repaid
also owns 1.14% of the company
₹23.9 L
company paid

The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.