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 ₹ 197 Cr.
- Current Price ₹ 197
- High / Low ₹ 227 / 145
- Stock P/E 1,790
- Book Value ₹ 183
- Dividend Yield 0.00 %
- ROCE 1.57 %
- ROE 0.91 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.08 times its book value
- Company is expected to give good quarter
- Promoter holding has increased by 0.89% over last 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 4.08% over last 3 years.
- Contingent liabilities of Rs.66.4 Cr.
- Debtor days have increased from 71.4 to 90.2 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: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
320 | 67 | 70 | 118 | 150 | 104 | 99 | 108 | 75 | 70 | 80 | 163 | 180 | |
290 | 45 | 573 | 153 | 176 | 108 | 97 | 105 | 81 | 60 | 70 | 158 | 177 | |
Operating Profit | 31 | 22 | -503 | -34 | -26 | -4 | 2 | 3 | -6 | 11 | 10 | 5 | 3 |
OPM % | 10% | 33% | -724% | -29% | -17% | -4% | 2% | 2% | -7% | 15% | 12% | 3% | 2% |
13 | 5 | 975 | 36 | 23 | 2 | 0 | 1 | -4 | 2 | 1 | 22 | 1 | |
Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 1 | 1 | 2 | 2 |
Depreciation | 8 | 6 | 4 | 4 | 4 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | 3 |
Profit before tax | 36 | 21 | 468 | -2 | -6 | -5 | 0 | 1 | -15 | 9 | 7 | 23 | -1 |
Tax % | 28% | 23% | 22% | 2% | 66% | -103% | 1,373% | 368% | 3% | -13% | -40% | 15% | |
26 | 16 | 367 | -2 | -2 | -10 | -3 | -2 | -14 | 10 | 10 | 19 | 0 | |
EPS in Rs | 9.71 | 5.30 | 122.17 | -0.66 | -0.67 | -4.31 | -1.43 | -1.37 | -10.51 | 7.80 | 10.42 | 19.29 | 0.11 |
Dividend Payout % | 21% | 38% | 26% | -305% | -300% | -46% | -140% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 11% |
3 Years: | 29% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 20% |
3 Years: | 29% |
TTM: | -98% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 18% |
3 Years: | 32% |
1 Year: | 31% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | 4% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 3 | 3 | 3 | 2 | 2 | 2 |
Reserves | 205 | 163 | 418 | 409 | 400 | 320 | 312 | 243 | 180 | 191 | 163 | 182 | 181 |
0 | 0 | 0 | 0 | 0 | 1 | 4 | 20 | 27 | 24 | 25 | 34 | 27 | |
66 | 38 | 25 | 31 | 28 | 21 | 21 | 19 | 19 | 13 | 19 | 44 | 44 | |
Total Liabilities | 278 | 207 | 449 | 446 | 434 | 346 | 341 | 285 | 229 | 230 | 209 | 262 | 254 |
60 | 38 | 31 | 29 | 26 | 22 | 21 | 20 | 34 | 30 | 31 | 33 | 32 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 0 | 0 |
Investments | 104 | 88 | 159 | 268 | 281 | 259 | 273 | 209 | 161 | 165 | 110 | 123 | 114 |
112 | 81 | 259 | 149 | 127 | 65 | 47 | 55 | 32 | 33 | 66 | 106 | 108 | |
Total Assets | 278 | 207 | 449 | 446 | 434 | 346 | 341 | 285 | 229 | 230 | 209 | 262 | 254 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
34 | 10 | -162 | -17 | -40 | -34 | -9 | -22 | 74 | 3 | 42 | -26 | |
-32 | 6 | 274 | 21 | 47 | 115 | 14 | 72 | -17 | -0 | -4 | 21 | |
-8 | -9 | -112 | -7 | -7 | -81 | -2 | -52 | -58 | -3 | -38 | 5 | |
Net Cash Flow | -6 | 8 | 1 | -4 | 0 | -0 | 3 | -3 | -1 | 0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2008 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 198 | 82 | 77 | 71 | 52 | 50 | 50 | 38 | 45 | 79 | 90 |
Inventory Days | 56 | 573 | 263 | 60 | 82 | 163 | 88 | 89 | 77 | 66 | 105 | 95 |
Days Payable | 71 | 586 | 97 | 77 | 52 | 75 | 87 | 72 | 87 | 76 | 90 | 106 |
Cash Conversion Cycle | 51 | 185 | 248 | 61 | 101 | 140 | 51 | 66 | 28 | 36 | 93 | 80 |
Working Capital Days | 53 | 155 | 203 | 69 | 92 | 106 | 68 | 84 | 45 | 54 | 103 | 100 |
ROCE % | 19% | -2% | -3% | -5% | 0% | 1% | -3% | 5% | 4% | 2% |
Documents
Announcements
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Resumption Of Office - Compliance Officer 8h
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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, …
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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 …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from nse
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Financial Year 2011
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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]