Smartlink Holdings Ltd

Smartlink Holdings Ltd

₹ 167 -0.39%
23 May - close price
About

Incorporated in 1992, Smartlink Holdings
Ltd operates as an Investment Company
and earns majorly from investing activity[1]

Key Points

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

  • Market Cap 168 Cr.
  • Current Price 167
  • High / Low 356 / 119
  • Stock P/E 66.1
  • Book Value 201
  • Dividend Yield 0.00 %
  • ROCE 0.16 %
  • ROE 1.26 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.83 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 1.06% over last 3 years.
  • Contingent liabilities of Rs.66.4 Cr.
  • Earnings include an other income of Rs.13.1 Cr.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 52.7 days to 83.2 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.

Peer comparison

Sector: IT - Hardware Industry: Computers - Hardware

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1.95 1.53 2.22 2.94 2.85 3.02 3.27 17.01 36.40 3.14 26.75 29.61 29.45
1.64 1.92 1.97 1.69 4.07 1.81 1.79 18.60 33.77 2.15 29.23 31.23 32.51
Operating Profit 0.31 -0.39 0.25 1.25 -1.22 1.21 1.48 -1.59 2.63 0.99 -2.48 -1.62 -3.06
OPM % 15.90% -25.49% 11.26% 42.52% -42.81% 40.07% 45.26% -9.35% 7.23% 31.53% -9.27% -5.47% -10.39%
28.18 0.04 0.03 20.92 1.44 0.01 0.02 3.13 3.35 0.00 3.70 2.99 3.39
Interest 0.04 0.04 0.06 0.04 0.03 0.04 0.03 0.29 0.23 0.04 0.17 0.19 0.16
Depreciation 0.26 0.25 0.24 0.27 0.26 0.26 0.27 0.65 0.66 0.26 0.73 0.75 0.75
Profit before tax 28.19 -0.64 -0.02 21.86 -0.07 0.92 1.20 0.60 5.09 0.69 0.32 0.43 -0.58
Tax % 0.32% 14.06% -2,000.00% 17.25% -128.57% 29.35% 27.50% 43.33% 5.89% 27.54% 100.00% -248.84% -400.00%
28.10 -0.73 0.37 18.08 0.02 0.66 0.87 0.34 4.80 0.50 0.01 1.50 1.74
EPS in Rs 28.17 -0.73 0.37 18.13 0.02 0.66 0.87 0.34 4.81 0.50 0.01 1.50 1.74
Raw PDF

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
154.32 92.88 0.00 22.59 18.06 20.72 15.16 15.06 9.09 9.55 12.67 96.97
191.53 117.50 36.90 12.50 5.10 44.50 22.78 6.76 6.66 9.65 7.16 106.84
Operating Profit -37.21 -24.62 -36.90 10.09 12.96 -23.78 -7.62 8.30 2.43 -0.10 5.51 -9.87
OPM % -24.11% -26.51% 44.67% 71.76% -114.77% -50.26% 55.11% 26.73% -1.05% 43.49% -10.18%
34.98 41.37 52.35 4.71 2.83 0.03 -4.21 0.26 28.20 22.42 0.04 13.12
Interest 0.01 0.00 0.05 0.15 0.07 0.20 0.39 0.28 0.17 0.17 0.15 0.68
Depreciation 3.70 3.27 1.38 1.20 1.28 1.23 1.43 1.37 1.08 1.02 1.05 2.92
Profit before tax -5.94 13.48 14.02 13.45 14.44 -25.18 -13.65 6.91 29.38 21.13 4.35 -0.35
Tax % -64.81% 2.00% 68.76% 61.49% 23.75% 12.55% -3.66% 27.35% 1.43% 16.00% 26.21% -825.71%
-2.09 13.21 4.38 5.17 11.00 -28.33 -13.14 5.02 28.95 17.74 3.20 2.54
EPS in Rs -0.70 4.40 1.46 2.29 4.88 -16.71 -9.88 3.77 29.02 17.78 3.21 2.55
Dividend Payout % -287.08% 9.08% 0.00% 87.23% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 0%
5 Years: 45%
3 Years: 120%
TTM: 665%
Compounded Profit Growth
10 Years: -15%
5 Years: 18%
3 Years: -56%
TTM: -20%
Stock Price CAGR
10 Years: 10%
5 Years: 21%
3 Years: 13%
1 Year: -46%
Return on Equity
10 Years: 0%
5 Years: 4%
3 Years: 1%
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
Equity Capital 6.00 6.00 6.00 4.51 4.51 3.39 2.66 2.66 2.00 2.00 2.00 2.00
Reserves 400.19 406.04 410.42 335.08 340.65 255.39 184.99 190.14 181.10 198.85 202.02 198.12
0.00 0.00 0.00 0.00 0.00 1.40 3.17 1.97 1.80 1.47 1.47 1.48
27.89 18.84 10.96 3.72 3.02 5.41 4.08 5.76 4.18 5.74 6.08 13.24
Total Liabilities 434.08 430.88 427.38 343.31 348.18 265.59 194.90 200.53 189.08 208.06 211.57 214.84
26.45 23.22 21.49 20.15 19.11 19.70 26.15 24.11 23.08 21.55 20.55 29.83
CWIP 0.35 0.00 0.00 0.00 0.00 0.00 2.08 2.16 2.16 0.00 0.00 0.00
Investments 282.82 317.98 330.31 305.07 320.77 239.11 162.94 167.05 150.48 175.22 179.70 136.95
124.46 89.68 75.58 18.09 8.30 6.78 3.73 7.21 13.36 11.29 11.32 48.06
Total Assets 434.08 430.88 427.38 343.31 348.18 265.59 194.90 200.53 189.08 208.06 211.57 214.84

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
-40.08 4.63 -26.11 -17.28 -6.87 70.15 70.07 1.00 38.91 -23.11 -0.02 -29.16
47.17 0.60 33.37 98.59 14.33 -4.33 -11.69 -0.09 -0.05 23.37 -0.03 36.64
-7.05 -7.01 -7.21 -82.16 -5.48 -67.63 -58.74 -0.56 -38.96 -0.22 -0.12 -7.87
Net Cash Flow 0.04 -1.77 0.05 -0.85 1.98 -1.82 -0.35 0.35 -0.09 0.04 -0.17 -0.39

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 68.99 34.43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Days 82.56 65.95 26.45
Days Payable 52.25 39.55 0.89
Cash Conversion Cycle 99.30 60.83 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 25.55
Working Capital Days 89.24 46.73 36.35 49.31 12.51 39.73 6.54 46.18 31.34 43.50 83.22
ROCE % -4.26% 3.29% -1.45% 2.77% 4.26% -8.26% -4.00% 3.65% 15.57% 0.17% 2.20% 0.16%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
69.89% 69.89% 69.89% 71.33% 71.33% 71.51% 71.90% 72.79% 72.84% 72.84% 72.84% 72.84%
0.00% 0.10% 0.00% 0.18% 0.01% 0.00% 0.08% 0.00% 0.66% 0.91% 0.80% 0.29%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.48% 0.41% 0.00% 0.00%
30.11% 30.01% 30.12% 28.49% 28.66% 28.48% 28.03% 27.21% 26.01% 25.83% 26.35% 26.86%
No. of Shareholders 14,27814,02813,61313,09312,68812,40212,21712,02511,69111,39811,42911,534

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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