Smartlink Holdings Ltd
Incorporated in 1992, Smartlink Holdings
Ltd operates as an Investment Company
and earns majorly from investing activity[1]
- Market Cap ₹ 133 Cr.
- Current Price ₹ 133
- High / Low ₹ 208 / 119
- Stock P/E 44.7
- Book Value ₹ 200
- Dividend Yield 0.00 %
- ROCE 0.16 %
- ROE 1.28 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.66 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.57% over last 3 years.
- Earnings include an other income of Rs.12.4 Cr.
- Debtor days have increased from 58.9 to 72.0 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 48.8 days to 109 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 154 | 93 | 0 | 23 | 18 | 21 | 15 | 15 | 9 | 10 | 88 | 97 | 106 | |
| 192 | 118 | 37 | 12 | 5 | 44 | 23 | 7 | 7 | 10 | 90 | 107 | 116 | |
| Operating Profit | -37 | -25 | -37 | 10 | 13 | -24 | -8 | 8 | 2 | -0 | -2 | -10 | -9 |
| OPM % | -24% | -27% | 45% | 72% | -115% | -50% | 55% | 27% | -1% | -2% | -10% | -9% | |
| 35 | 41 | 52 | 5 | 3 | 0 | -4 | 0 | 28 | 22 | 13 | 13 | 12 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Depreciation | 4 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
| Profit before tax | -6 | 13 | 14 | 13 | 14 | -25 | -14 | 7 | 29 | 21 | 7 | -0 | -0 |
| Tax % | -65% | 2% | 69% | 61% | 24% | 13% | -4% | 27% | 1% | 16% | 16% | -826% | |
| -2 | 13 | 4 | 5 | 11 | -28 | -13 | 5 | 29 | 18 | 6 | 3 | 3 | |
| EPS in Rs | -0.70 | 4.40 | 1.46 | 2.29 | 4.88 | -16.71 | -9.88 | 3.77 | 29.02 | 17.78 | 6.18 | 2.55 | 2.97 |
| Dividend Payout % | -287% | 9% | 0% | 87% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 45% |
| 3 Years: | 120% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -15% |
| 5 Years: | 18% |
| 3 Years: | -56% |
| TTM: | -47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 9% |
| 3 Years: | -1% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 4% |
| 3 Years: | 2% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 5 | 5 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 400 | 406 | 410 | 335 | 341 | 255 | 185 | 190 | 181 | 199 | 196 | 198 | 198 |
| 0 | 0 | 0 | 0 | 0 | 1 | 3 | 2 | 2 | 1 | 9 | 1 | 2 | |
| 28 | 19 | 11 | 4 | 3 | 5 | 4 | 6 | 4 | 6 | 21 | 13 | 26 | |
| Total Liabilities | 434 | 431 | 427 | 343 | 348 | 266 | 195 | 201 | 189 | 208 | 227 | 215 | 227 |
| 26 | 23 | 21 | 20 | 19 | 20 | 26 | 24 | 23 | 22 | 30 | 30 | 31 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 0 | 0 | 0 | 0 |
| Investments | 283 | 318 | 330 | 305 | 321 | 239 | 163 | 167 | 150 | 175 | 162 | 137 | 144 |
| 124 | 90 | 76 | 18 | 8 | 7 | 4 | 7 | 13 | 11 | 35 | 48 | 52 | |
| Total Assets | 434 | 431 | 427 | 343 | 348 | 266 | 195 | 201 | 189 | 208 | 227 | 215 | 227 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -40 | 5 | -26 | -17 | -7 | 70 | 70 | 1 | 39 | -23 | 2 | -29 | |
| 47 | 1 | 33 | 99 | 14 | -4 | -12 | -0 | -0 | 23 | 6 | 37 | |
| -7 | -7 | -7 | -82 | -5 | -68 | -59 | -1 | -39 | -0 | -7 | -8 | |
| Net Cash Flow | 0 | -2 | 0 | -1 | 2 | -2 | -0 | 0 | -0 | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 34 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46 | 72 | |
| Inventory Days | 83 | 66 | 19 | 26 | ||||||||
| Days Payable | 52 | 40 | 66 | 37 | ||||||||
| Cash Conversion Cycle | 99 | 61 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 61 | |
| Working Capital Days | 89 | 47 | 36 | 49 | 13 | 40 | 7 | 46 | 31 | 6 | 109 | |
| ROCE % | -4% | 3% | -1% | 3% | 4% | -8% | -4% | 4% | 16% | 0% | 4% | 0% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
- Updates on Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 22 Dec
- Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 9 Dec
-
Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
9 Dec - Arati Naik to receive 62,667 shares (0.63%) as gift Dec 15–30, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
-
Financial Year 2012
from nse
Business Overview:[1][2]
SHL is in the Networking Products business and is involved in sourcing, manufacturing, sales, marketing, and support. It is a non-deposit taking NBFC having investments in mutual funds, bonds /deposits, etc. It also has investment in 2 subsidiaries