Smartlink Holdings Ltd
Smartlink Group has been in the Networking
Products business for 3+ decades and is involved in sourcing, manufacturing, sales, marketing, and support. Smartlink Holdings Ltd. They are now an NBFC with assets which includes investment in the two subsidiary companies.[1]
- Market Cap ₹ 173 Cr.
- Current Price ₹ 173
- High / Low ₹ 205 / 145
- Stock P/E 71.7
- Book Value ₹ 203
- Dividend Yield 0.00 %
- ROCE 0.17 %
- ROE 0.32 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.85 times its book value
- Promoter holding has increased by 0.89% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -12.0% over past five years.
- Company has a low return on equity of 6.05% over last 3 years.
- Contingent liabilities of Rs.66.4 Cr.
- Earnings include an other income of Rs.1.48 Cr.
* 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
103.38 | 154.28 | 154.32 | 92.88 | -0.00 | 22.59 | 18.06 | 20.72 | 15.16 | 15.06 | 9.09 | 9.55 | 12.16 | |
103.32 | 155.79 | 191.53 | 117.50 | 36.90 | 12.50 | 5.10 | 44.50 | 22.78 | 6.76 | 6.66 | 9.65 | 9.29 | |
Operating Profit | 0.06 | -1.51 | -37.21 | -24.62 | -36.90 | 10.09 | 12.96 | -23.78 | -7.62 | 8.30 | 2.43 | -0.10 | 2.87 |
OPM % | 0.06% | -0.98% | -24.11% | -26.51% | 44.67% | 71.76% | -114.77% | -50.26% | 55.11% | 26.73% | -1.05% | 23.60% | |
471.89 | 3.42 | 34.98 | 41.37 | 52.35 | 4.71 | 2.83 | 0.03 | -4.21 | 0.26 | 28.20 | 22.42 | 1.48 | |
Interest | 0.05 | 0.07 | 0.01 | -0.00 | 0.05 | 0.15 | 0.07 | 0.20 | 0.39 | 0.28 | 0.17 | 0.17 | 0.14 |
Depreciation | 4.30 | 3.89 | 3.70 | 3.27 | 1.38 | 1.20 | 1.28 | 1.23 | 1.43 | 1.37 | 1.08 | 1.02 | 1.05 |
Profit before tax | 467.60 | -2.05 | -5.94 | 13.48 | 14.02 | 13.45 | 14.44 | -25.18 | -13.65 | 6.91 | 29.38 | 21.13 | 3.16 |
Tax % | 21.63% | 1.46% | 64.81% | 2.00% | 68.76% | 61.49% | 23.75% | -12.55% | 3.66% | 27.35% | 1.43% | 16.00% | |
366.45 | -2.02 | -2.09 | 13.21 | 4.38 | 5.17 | 11.00 | -28.33 | -13.14 | 5.02 | 28.95 | 17.74 | 2.41 | |
EPS in Rs | 122.15 | -0.67 | -0.70 | 4.40 | 1.46 | 2.29 | 4.88 | -16.71 | -9.88 | 3.77 | 29.02 | 17.78 | 2.41 |
Dividend Payout % | 26.20% | -297.03% | -287.08% | 9.08% | -0.00% | 87.23% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -24% |
5 Years: | -12% |
3 Years: | -14% |
TTM: | 41% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | -44% |
3 Years: | 27% |
TTM: | -92% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 29% |
1 Year: | 17% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 0% |
3 Years: | 6% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 4.51 | 4.51 | 3.39 | 2.66 | 2.66 | 2.00 | 2.00 | 2.00 |
Reserves | 418.49 | 409.38 | 400.19 | 406.04 | 410.42 | 335.08 | 340.65 | 255.39 | 184.99 | 190.14 | 181.10 | 198.85 | 200.40 |
-0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 1.40 | 3.17 | 1.97 | 1.80 | 1.47 | 1.42 | |
24.54 | 31.35 | 27.89 | 18.84 | 10.96 | 3.72 | 3.02 | 5.41 | 4.08 | 5.76 | 4.18 | 5.74 | 5.01 | |
Total Liabilities | 449.03 | 446.73 | 434.08 | 430.88 | 427.38 | 343.31 | 348.18 | 265.59 | 194.90 | 200.53 | 189.08 | 208.06 | 208.83 |
30.68 | 29.44 | 26.45 | 23.22 | 21.49 | 20.15 | 19.11 | 19.70 | 26.15 | 24.11 | 23.08 | 21.55 | 21.04 | |
CWIP | 0.49 | -0.00 | 0.35 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 2.08 | 2.16 | 2.16 | -0.00 | -0.00 |
Investments | 160.44 | 270.75 | 282.82 | 317.98 | 330.31 | 305.07 | 320.77 | 239.11 | 162.94 | 167.05 | 150.48 | 175.22 | 165.96 |
257.42 | 146.54 | 124.46 | 89.68 | 75.58 | 18.09 | 8.30 | 6.78 | 3.73 | 7.21 | 13.36 | 11.29 | 21.83 | |
Total Assets | 449.03 | 446.73 | 434.08 | 430.88 | 427.38 | 343.31 | 348.18 | 265.59 | 194.90 | 200.53 | 189.08 | 208.06 | 208.83 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-163.08 | -17.53 | -40.08 | 4.63 | -26.11 | -17.28 | -6.87 | 70.15 | 70.07 | 1.00 | 38.91 | -23.11 | |
274.21 | 20.20 | 47.17 | 0.60 | 33.37 | 98.59 | 14.33 | -4.33 | -11.69 | -0.09 | -0.05 | 23.37 | |
-111.64 | -7.04 | -7.05 | -7.01 | -7.21 | -82.16 | -5.48 | -67.63 | -58.74 | -0.56 | -38.96 | -0.22 | |
Net Cash Flow | -0.51 | -4.37 | 0.04 | -1.77 | 0.05 | -0.85 | 1.98 | -1.82 | -0.35 | 0.35 | -0.09 | 0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 55.25 | 59.31 | 68.99 | 34.43 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
Inventory Days | 263.59 | 60.36 | 82.56 | 65.95 | ||||||||
Days Payable | 96.77 | 77.12 | 52.25 | 39.55 | ||||||||
Cash Conversion Cycle | 222.08 | 42.55 | 99.30 | 60.83 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | |
Working Capital Days | 109.91 | 53.11 | 89.24 | 46.73 | 36.35 | 49.31 | 12.51 | 39.73 | 6.54 | 46.18 | 31.34 | |
ROCE % | -1.04% | -0.59% | -4.26% | 3.29% | -1.45% | 2.77% | 4.26% | -8.26% | -4.00% | 3.65% | 15.57% | 0.17% |
Documents
Announcements
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Certificate Of Compliance Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015
16 Apr - Certificate of Compliance dated April 16, 2024 for the financial year ended March 31, 2024 from Mr. Shivaram Bhat, Practicing Company Secretary
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Compliance Certificate Under Regulation 7 (3) Of SEBI (LODR) Regulations, 2015
15 Apr - Compliance certificate for the year ended March 31, 2024
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - In Compliance with Regulation 74(5) of SEBI (DP) Regulations, 2018, please find enclosed herewith the certificate received from KFIN Technologies Limited, RTA of the Company, …
-
Announcement under Regulation 30 (LODR)-Retirement
1 Apr - Mr. Pankaj Madhav Baliga (DIN 00002864) and Mr. Krishnanand Maruti Gaonkar (DIN 00002425) have completed their second term as Independent Directors of the Company on …
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Apr
Annual reports
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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
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
Restructuring
The company was in networking products business for 3+ decades and involved in sourcing, manufacturing, sales, marketing & support, etc. It restructured its operations by splitting its operations in two independent subsidiaries i.e. Digisol Systems Ltd and Synergra EMS Ltd.[1]
Post the restructuring, the income of Smartlink holdings is mainly from investments and rent income from immovable properties.[2]