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IndiaPulse

Spacenet Enterprises India Limited (SPCENET)

Small Cap

IT stocks · Small cap · NSE

Spacenet Enterprises India Limited operates in Telecom Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹3.41
+0.17 · +5.25%
Quote04 Sept, 03:59 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · IT P/E 22.6 (n=200)
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Mixed fundamentals, management trust is acceptable, price trend argues for patience, and recent execution is mixed.

Suggested next step
Research, do not rush
The four lenses are not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
FAIR VALUE
55

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Mixed Trust
67

low confidence · 0/0 claims checked

Technical
Bearish
37

Timing lens: price trend and sector relative strength.

Result consistency
stable
69

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 30 Jun 2026

Bad · 27/100

Rev -8% YoY · margin compression · PAT +250% YoY · +9% QoQ · operating leverage

Filed 30 Jun 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹49 Cr-7.5%+8.9%
EBITDA₹-1 Cr-125.0%-116.7%
Operating margin-1.8%-980 bps-1580 bps
PAT₹14 Cr+250.0%+250.0%
PAT margin28.6%+2102 bps+1968 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Issuer presentation review pending

Spacenet Enterprises India Limited operates in Telecom Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Management accountability

What management said, and what results must prove

Technical timing lens

Trend score and candlestick chart

37Bearish

full bear SMA stack · SMA20 -3.6% / mo · MACD − · near 52W low

Stock trend: 23
Sector RS: 57
Sector 3M: +0.1% vs Nifty -1.5%

Technical chart

SPCENETdaily · 1Y · AUTO-21.6%
Latest close ₹3.41 on 2026-09-04
Bar
+1.8%
RSI
50
MACD hist
-0.01
52W pos
5%
2026-09-04O ₹3.35H ₹3.53L ₹3.30C ₹3.41Vol 13.1L sh
₹2.86₹3.62₹4.38₹5.14₹5.9152L3.412026-032026-06VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Mixed signals

Signals are conflicting — long-term trend down. RSI 50. Wait for confirmation.

  • Price < SMA20 < SMA50 < SMA200 — full bearish stack.
  • SMA20 falling (~3.7% over last month) — short-term momentum negative.
  • RSI(14) at 50 — rising, no extreme reading.
  • MACD below signal but histogram contracting — bearish momentum easing.
  • 70% off 52W high · 14% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & score drivers

U-Score 55 · FAIR VALUE · pillar breakdown, sector model, fair-value anchor

55U-SCORE
Deep Value

Fundamental score breakdown

FAIR VALUE
Valuation27/30
Growth18/25
Quality0/20
Balance Sheet9/15
Cash Flow3/10
Piotroski
7/9 (+5)
Penalties
-7
Raw sum
55

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

55/100 · FAIR VALUE

Positive drivers

  • Piotroski is strong at 7/9.
  • Fair-value margin of safety is positive at 81.3%.
  • Valuation contributes 27/30 to the score.

Main drags

  • Penalty bucket subtracts 7 points.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
  • Cash flow is weaker at 3/10; verify the latest quarterly trend.
Sector valuation model

Telecom valuation: EV/EBITDA against ARPU, debt, and capex

Telecom needs enterprise-value and cash-flow framing because leverage is structurally important.

Telecom EV/EBITDA
Primary lens
EV/EBITDA and debt-adjusted cash generation.
Secondary checks
ARPU growth, subscriber quality, spectrum liabilities, capex intensity.
Main risk check
High EBITDA can still be weak equity value if debt and capex absorb cash.
PE
7.7
PB
1.1
EV/EBITDA
12.9
ROE
9.8%
ROCE
9.9%
FCF Yield
Debt/Equity
0.1
MoS
+81.3%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 05 Sept 2026
v4.3-runtime-valuation
Final score
55
Previous: 55
Verdict
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+81.3%
Previous: +81.3%

Score history

12 stored score snapshots. Latest stored move: +1 points.

05 Sept 2026
v4.3-runtime-valuation
54
54
60
60
60
60
55
56
56
54
54
55

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number
₹5.62
+39.3% MoS
Growth-justified P/E
40.6
Growth-justified Value
₹18.27
+81.3% MoS
PEG
0.40

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
67Mixed Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Claim history is still being built. It ranks around the 52nd percentile of the scored universe and 47th percentile within IT. Main check: cash conversion is weak at 55/100.

Healthy Trust Lite: Promoter pledge is zero. Key concern: Promoter holding is only 15.5%.

Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank
52nd percentile

overall median 67 · IT: 47th pctile, median 69 · Small: 56th pctile, median 66

Evidence depth
Financial-only

0 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Mixed Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
66
acceptable · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
69
acceptable · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • 3/4 latest quarters had positive YoY revenue growth.
  • 3/4 latest quarters had positive YoY PAT growth.

Trust risks

  • Promoter holding is only 15.5%.
  • OPM spread across recent quarters is 15.8%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
7.73
P/B
1.09
EV/EBITDA
12.88
Market Cap
194.00Cr

Profitability

ROE
9.80%
ROCE
9.93%
ROA
10.61%
Dividend Y
0.29%

Growth (CAGR)

Revenue 5Y
12.00%
EPS 5Y
12.00%
Revenue 3Y
10.00%
EPS 3Y
81.00%

Balance Sheet

Debt/Equity
0.14
Interest Coverage
12.00×
Altman Z
3.59
Book Value
3.12

Cash Flow

FCF Yield
FCF Positive Y
3/5
OCF
23.00 Cr
EPS TTM
0.45

Shareholding

Promoter Hold
15.52%
Promoter Pledge
0.00%
Momentum 52W
5%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in IT, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.