---
title: "Spacenet Enterprises India Ltd (SPCENET) — Share Price, Financials & Analysis"
symbol: "SPCENET"
company: "Spacenet Enterprises India Ltd"
canonical: "https://tapetide.com/stocks/SPCENET"
isin: "INE970N01027"
nse_symbol: "SPCENET"
sector: "Services"
industry: "Commercial Services & Supplies"
market_cap_cr: 192.46
generated_at: "2026-09-13T19:26:08.291Z"
---

# Spacenet Enterprises India Ltd (SPCENET)

Canonical page: https://tapetide.com/stocks/SPCENET

## Company

- **NSE Symbol:** SPCENET
- **ISIN:** INE970N01027
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2017-01-10
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** spacenetent.com

## About

Spacenet Enterprises India Ltd is an NSE-listed group engaged in commodity trading/procurement and digital/IT services, with trade-finance and fintech positioning and investments in technology ventures. The group operates through Indian, Hong Kong and Dubai subsidiaries and has added two realty LLPs. [1] [2]

## Latest Price

- **Price:** ₹3.39
- **Change:** -0.08 (-2.31%)
- **Open:** ₹3.46
- **Day High:** ₹3.5
- **Day Low:** ₹3.37
- **Previous Close:** ₹3.47
- **Volume:** 367991
- **As Of:** 2026-09-11T09:59:32+00:00

## Key Fundamentals

Observed at 2026-09-11T04:35:44.827774Z.

- **Market Cap:** ₹192.46 Cr
- **Classification:** Microcap
- **P/E (reported):** 7.5
- **P/E (TTM):** 7.53
- **EPS (TTM):** ₹0.45
- **Book Value:** ₹3.12
- **Price to Book:** 1.11
- **Dividend Yield:** 0.29%
- **ROE:** 9.06%
- **ROCE:** 8.78%
- **Debt to Equity:** 0.14
- **Revenue (yearly):** ₹199.5 Cr
- **Net Income:** ₹16.4 Cr
- **EBITDA:** ₹21.8 Cr
- **52-Week High:** ₹11.24
- **52-Week Low:** ₹3
- **RSI (14):** 51.41

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 66.72 | 9% |
| growth | 50.84 | 9% |
| momentum | 22.21 | 12% |
| ownership | 50 | 24% |
| quality | 41 | 22% |
| valuation | 62.49 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.09 times its book value

### Weaknesses

- Promoter holding is low: 15.5%
- Tax rate seems low
- Company has a low return on equity of 10.4% over last 3 years.
- Earnings include an other income of Rs.24.5 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 31.22% | — | 466.99% |
| ebitda margin growth | 187.88% | 18.18% | 25.66% | 370.69% |
| net income growth | 206.67% | 34.43% | 81% | — |
| revenue growth | 50.33% | 26.19% | 10% | 35.42% |
| roce | 245.13% | 3.54% | -10.41% | 6.9% |
| roe | 207.14% | 15.41% | 8.88% | 362.24% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 29 | 30 | 48 | 34 | 45 | 39 | 39 | 53 | 48 | 48 | 45 | 49 |
| Expenses | 26 | 26 | 46 | 31 | 41 | 37 | 34 | 49 | 45 | 45 | 39 | 50 |
| Operating Profit | 3 | 4 | 2 | 3 | 4 | 2 | 5 | 4 | 4 | 3 | 6 | -1 |
| OPM % | 10 | 13 | 3.7 | 9 | 9 | 4.3 | 12 | 8 | 7 | 6 | 14 | -1.8 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 3 | 1 | 0 | 20 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 3 | 4 | 2 | 3 | 4 | 1 | 5 | 4 | 6 | 3 | 5 | 16 |
| Tax % | 0 | 0 | 7 | 15 | 10 | 9 | 1 | 2 | 12 | 4 | 3 | 16 |
| Net Profit | 3 | 4 | 2 | 3 | 3 | 1 | 5 | 4 | 5 | 3 | 4 | 14 |
| EPS in Rs | 0.05 | 0.06 | 0.03 | 0.05 | 0.06 | 0.02 | 0.08 | 0.07 | 0.09 | 0.05 | 0.08 | 0.23 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 61 | 11 | 1 | 0 | 43 | 145 | 128 | 157 | 195 | 190 |
| Expenses | 66 | 21 | 5 | 1 | 43 | 142 | 117 | 143 | 178 | 178 |
| Operating Profit | -5 | -10 | -3 | 0 | 0 | 3 | 11 | 14 | 17 | 12 |
| OPM % | -8 | -93 | -236 | -86 | 0.9 | 1.9 | 9 | 9 | 9 | 6 |
| Other Income | 0 | 0 | 0 | 6 | 1 | 0 | 0 | 1 | 5 | 25 |
| Interest | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 5 |
| Profit before tax | -7 | -10 | -3 | 5 | 1 | 3 | 11 | 13 | 18 | 30 |
| Tax % | 0 | 0 | 1 | 0 | 16 | -4 | 1 | 8 | 6 | — |
| Net Profit | -7 | -10 | -4 | 5 | 1 | 3 | 11 | 12 | 16 | 26 |
| EPS in Rs | -1.4 | -2.13 | -0.71 | 1.01 | 0.01 | 0.05 | 0.19 | 0.21 | 0.28 | 0.45 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 49 | 49 | 49 | 5 | 5 | 53 | 53 | 55 | 56 | 57 |
| Reserves | -47 | -54 | -65 | -24 | -14 | -19 | -1 | 50 | 94 | 120 |
| Borrowings | 10 | 11 | 12 | 13 | 7 | 4 | 0 | 1 | 2 | 25 |
| Other Liabilities | 18 | 45 | 37 | 11 | 3 | 15 | 28 | 20 | 41 | 43 |
| Total Liabilities | 29 | 51 | 33 | 4 | 0 | 53 | 81 | 126 | 194 | 245 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 13 | 25 | 69 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 30 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 6 | 19 | 41 | 57 | 59 |
| Other Assets | 28 | 51 | 33 | 4 | 0 | 41 | 57 | 62 | 82 | 103 |
| Total Assets | 29 | 51 | 33 | 4 | 0 | 53 | 81 | 126 | 194 | 245 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2 | 0 | 0 | 0 | 6 | -6 | -3 | -1 | 17 | 23 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | -15 | -10 | -38 | -50 | -45 |
| Cash from Financing Activity | -1 | 0 | 0 | 0 | -6 | 23 | 11 | 43 | 29 | 23 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 2 | -2 | 4 | -4 | 1 |
| Free Cash Flow | 1 | 0 | 0 | 0 | 6 | -7 | -3 | -19 | -16 | -10 |
| CFO/OP | -29 | -3 | 3 | 8 | -1353 | -1618 | -120 | -10 | 126 | 139 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 138 | 231 | 1028 | 526 | 0 | 193 | 95 | 115 | 121 | 111 |
| Inventory Days | — | — | — | — | — | 0 | 0 | 1 | 1 | 0 |
| Days Payable | — | — | — | — | — | — | 47 | 41 | 63 | 65 |
| Cash Conversion Cycle | 138 | 231 | 1028 | 526 | 0 | 193 | 49 | 76 | 58 | 46 |
| Working Capital Days | -34 | -48 | -598 | -4171 | -1883 | 166 | 70 | 112 | 96 | 83 |
| ROCE % | -32 | -56 | -823 | — | — | — | 6 | 13 | 10 | 10 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 16.51% | 16.06% | 16.04% | 15.87% | 15.67% | 15.61% | 15.6% | 15.6% | 15.56% | 15.56% | 15.52% | 15.52% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 1.22% | 1.19% | 1.92% | 1.92% | 1.66% | 1.65% | 1.65% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 20.6% | 23.32% | 24.85% | 27.13% | 29.64% | 27.98% | 33.56% | 34.27% | 36.1% | 36.7% | 39% | 40.44% |
| Others | 62.89% | 60.62% | 59.1% | 57% | 54.69% | 55.19% | 49.65% | 48.21% | 46.42% | 46.08% | 43.83% | 42.39% |
| No. of Shareholders | 26044 | 27717 | 29885 | 33136 | 41764 | 48780 | 51915 | 51757 | 52924 | 52521 | 52379 | 53912 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 7 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 3.35 | Buy |
| EMA (10) | 3.42 | Sell |
| SMA (20) | 3.37 | Buy |
| EMA (20) | 3.42 | Sell |
| SMA (50) | 3.53 | Sell |
| EMA (50) | 3.51 | Sell |
| SMA (100) | 3.64 | Sell |
| EMA (100) | 3.79 | Sell |
| SMA (200) | 4.59 | Sell |
| EMA (200) | 4.51 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.61 | Neutral |
| MACD (12,26,9) | -0.02 | Buy |
| Stochastic (14,3,3) | 70.62 | Neutral |
| ADX (14) | 13.46 | Neutral |
| Williams %R (14) | -44.07 | Neutral |
| ATR (14) | 0.18 | High Volatility |
| ROC (12) | 1.5 | Buy |
| Stoch RSI (14) | 61.62 | Neutral |
| UO (7,14,28) | 44.47 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Exchange has sought clarification from Spacenet Enterprises India Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. … | [Clarification - Financial Results 9 Sep - Exchange has sought clarification from Spacenet Enterprises India Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …](https://www.nseindia.com/get-quotes/equity?symbol=SPCENET) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/SPCENET_03092026113513_SPACENETPAPERADVT03092026.pdf) |
| 2026-09-02 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/SPCENET_02092026180142_AGMNOTICESEIL02092026SPACENET.pdf) |
| 2026-09-02 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/SPCENET_02092026105441_SPACENETPAPERADVT02092026.pdf) |
| 2026-08-15 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/SPCENET_15082026063131_SPACENETPAPERADVT15082026.pdf) |
| 2026-08-14 | [Appointment](https://nsearchives.nseindia.com/corporate/SPCENET_14082026171614_BMOUTCOMESPACENET14082026APPOINTMENTS.pdf) |
| 2026-08-14 | [Appointment](https://nsearchives.nseindia.com/corporate/SPCENET_14082026171405_BMOUTCOMESPACENET14082026APPOINTMENTS.pdf) |
| 2026-08-12 | [General Updates](https://nsearchives.nseindia.com/corporate/SPCENET_12082026105613_OUTCOMECRSPACENET12082026.pdf) |
| 2026-07-14 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/SPCENET_14072026205256_SPACENETREG7514072026.pdf) |
| 2026-06-30 | [Trading Window](https://nsearchives.nseindia.com/corporate/SPCENET_30062026161632_SPACENETTWCQ130062026.pdf) |
| 2026-06-17 | [Disclosure under SEBI Takeover Regulations](https://nsearchives.nseindia.com/corporate/team_sandeshc_24042026124611_35.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SPCENET_14082026165748_BMOUTCOMESPACENET14082026FR.pdf) |
| 2026-05-29 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SPCENET_29052026170045_FINANCIALRESULTSSPCENETBMOUTCOME29052026.pdf) |
| 2026-02-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SPCENET_14022026122419_SPCENETBMOUTCOME14022026.pdf) |
| 2026-02-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SPCENET_14022026121548_SPCENETBMOUTCOME14022026.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SPCENET_13112025181306_SPCENETBMOUTCOME13112025.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/SPCENET_13112025180757_SPCENETBMOUTCOME13112025.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_31132_SPCENET_2025_2026_A_8605820_02092026180928.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28735_SPCENET_2024_2025_A_4655828_06092025123316.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_26249_SPCENET_2023_2024_2609202474632.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23624_SPCENET_2022_2023_06092023152010_09062023160022.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21556_SPCENET_2021_2022_06092022223241_09072022070013.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19062_SPCENET_2020_2021_31082021142722_08312021150002.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17597_SPCENET_2019_2020_08092020112308_08092020120003.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_15852_SPCENET_2018_2019_06092019112739_06092019120003.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/AR_13988_SPCENET_2017_2018_03102018153247.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/AR_11894_SPCENET_2016_2017_03102017161420.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:26:08.291Z.