Smarten Power Systems Ltd
Incorporated in 2014, Smarten Power Systems Limited is in the business of designing and assembling of power back-up and advanced solar power products, and trading of solar panels and batteries[1]
- Market Cap ₹ 242 Cr.
- Current Price ₹ 128
- High / Low ₹ 158 / 122
- Stock P/E 19.0
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 41.0 %
- ROE 39.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.8%
Cons
- Company might be capitalizing the interest cost
* 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 96 | 160 | 176 | 192 | 201 | |
| 95 | 158 | 174 | 178 | 184 | |
| Operating Profit | 2 | 2 | 2 | 14 | 17 |
| OPM % | 2% | 1% | 1% | 7% | 8% |
| 2 | 5 | 6 | 4 | 1 | |
| Interest | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 6 | 7 | 16 | 17 |
| Tax % | 25% | 28% | 29% | 30% | 26% |
| 2 | 4 | 5 | 11 | 13 | |
| EPS in Rs | 96.47 | 165.90 | 51.60 | 112.90 | 8.51 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| Last Year: | 40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.24 | 0.24 | 1 | 1 | 15 |
| Reserves | 4 | 8 | 13 | 25 | 24 |
| 2 | 2 | 4 | 7 | 17 | |
| 34 | 51 | 57 | 47 | 42 | |
| Total Liabilities | 40 | 62 | 76 | 79 | 97 |
| 1 | 5 | 5 | 5 | 5 | |
| CWIP | 0 | 0 | 0 | 1 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 39 | 57 | 71 | 74 | 88 | |
| Total Assets | 40 | 62 | 76 | 79 | 97 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2 | 3 | -3 | 0 | -3 | |
| -2 | -2 | -0 | -2 | -6 | |
| 1 | 1 | 2 | 2 | 9 | |
| Net Cash Flow | 1 | 1 | -1 | 1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 49 | 62 | 67 | 81 | 70 |
| Inventory Days | 66 | 55 | 77 | 56 | 81 |
| Days Payable | 127 | 116 | 111 | 77 | 64 |
| Cash Conversion Cycle | -12 | 2 | 33 | 60 | 86 |
| Working Capital Days | 0 | 5 | 18 | 36 | 49 |
| ROCE % | 68% | 51% | 65% | 41% |
Documents
Announcements
Annual reports
No data available.
Business Overview:[1][2]
SPSL is engaged in the design and assembly
of power backup and advanced solar energy products. It provides efficient and low-cost
power solutions by assembling and trading various products viz.:
a) Home UPS systems
b) Solar inverters
c) Solar power conditioning units (PCUs)
d) Solar charge controllers
Additionally, the company is involved in the trading of:
a) Solar panels (domestic only)
b) Batteries