Smartlink Holdings Limited

About

Smartlink Holdings Limited, together with its subsidiaries, sources, develops, manufactures, markets, distributes, and services networking products in India and internationally. The company offers XPON ONUs, EPON/ GPON OLTs, GEPON OLTs, and PON transceivers; Wi-Fi 6 indoor/outdoor/enterprise access points, controllers, USB adapters, and range extenders; switching solutions, such as managed, unmanaged, fully managed, lite/smart managed, chassis, industrial and multigig switches, transceivers, and media converters; and structured cabling products, including solid cable, keystones, patch panels, copper patch cords, faceplates, and rj45 connectors; and fiber patch cords, pigtails, fiber LIUS, fiber cables, distribution boxes, and splitters. It also manufactures chargers for electric vehicles, telecom equipment, and defense electronics. In addition, it offers networking products, such as switches, broadband routers, wireless LANs, and GPON and GePON under the DIGISOL brand name; industrial networking products; and enterprise wireless products. Further, the company provides technical support services; and invests in securities and properties. It serves distributors, original equipment manufacturers, and system integrators. The company was formerly known as Smartlink Network Systems Limited and changed its name to Smartlink Holdings Limited in April 2018. Smartlink Holdings Limited was incorporated in 1993 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap208 Cr

P/E12.60

Div Yield0.94 %

Book Value₹210.00

52w High₹237.00

52w Low₹102.00

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	24.13	52.97	25.19	28.53	18.78	29.45	29.61	26.75	3.14	36.40	17.01	3.27	3.02
Expenses	25.77	51.75	28.42	30.56	21.32	32.51	31.23	29.23	2.15	33.77	18.60	1.79	1.81
Operating Profit	-1.64	1.22	-3.23	-2.03	-2.54	-3.06	-1.62	-2.48	0.99	2.63	-1.59	1.48	1.21
OPM %	-6.80	2.30	-12.82	-7.12	-13.53	-10.39	-5.47	-9.27	31.53	7.23	-9.35	45.26	40.07
Other Income	4.03	14.60	3.13	2.46	3.53	3.39	2.99	3.70	0.00	3.35	3.13	0.02	0.01
Depreciation	0.91	0.89	0.88	0.86	0.76	0.75	0.75	0.73	0.26	0.66	0.65	0.27	0.26
Interest	0.06	0.07	0.23	0.06	0.05	0.16	0.19	0.17	0.04	0.23	0.29	0.03	0.04
Profit before tax	1.42	14.86	-1.21	-0.49	0.18	-0.58	0.43	0.32	0.69	5.09	0.60	1.20	0.92
Tax %	23.94	3.77	-32.23	-20.41	33.33	-400.00	-248.84	100.00	27.54	5.89	43.33	27.50	29.35
Net Profit	1.07	14.30	-0.82	-0.39	0.12	1.74	1.50	0.01	0.50	4.80	0.34	0.87	0.66
EPS in Rs	1.07	14.34	-0.82	-0.39	0.12	1.74	1.50	0.01	0.50	4.81	0.34	0.87	0.66

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	125.00	97.00	88.00	10.00	9.00	15.00	15.00	21.00	18.00	23.00	0.00	93.00
Expenses	132.00	107.00	90.00	10.00	7.00	7.00	23.00	44.00	5.00	12.00	37.00	118.00
Operating Profit	-7.00	-10.00	-2.00	0.00	2.00	8.00	-8.00	-24.00	13.00	10.00	-37.00	-25.00
OPM %	-5.00	-10.00	-2.00	-1.10	27.00	55.00	-50.00	-115.00	72.00	45.00	—	-27.00
Other Income	24.00	13.00	13.00	22.00	28.00	0.00	-4.00	0.00	3.00	5.00	52.00	41.00
Interest	0.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	3.00	3.00	3.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	3.00
Profit before tax	13.00	0.00	7.00	21.00	29.00	7.00	-14.00	-25.00	14.00	13.00	14.00	13.00
Tax %	1.00	-826.00	16.00	16.00	1.00	27.00	-4.00	13.00	24.00	61.00	69.00	2.00
Net Profit	13.00	3.00	6.00	18.00	29.00	5.00	-13.00	-28.00	11.00	5.00	4.00	13.00
EPS in Rs	13.25	2.55	6.18	17.78	29.02	3.77	-9.88	-16.71	4.88	2.29	1.46	4.40
Dividend Payout %	15.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	87.00	0.00	9.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	2.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	5.00	5.00	6.00	6.00
Reserves	211.00	198.00	196.00	199.00	181.00	190.00	185.00	255.00	341.00	335.00	410.00	406.00
Borrowings	2.00	1.00	9.00	1.00	2.00	2.00	3.00	1.00	0.00	0.00	0.00	0.00
Other Liabilities	40.00	13.00	21.00	6.00	4.00	6.00	4.00	5.00	3.00	4.00	11.00	19.00
Total Liabilities	255.00	215.00	227.00	208.00	189.00	201.00	195.00	266.00	348.00	343.00	427.00	431.00
Fixed Assets	31.00	30.00	30.00	22.00	23.00	24.00	26.00	20.00	19.00	20.00	21.00	23.00
CWIP	1.00	0.00	0.00	0.00	2.00	2.00	2.00	0.00	0.00	0.00	0.00	0.00
Investments	157.00	137.00	162.00	175.00	150.00	167.00	163.00	239.00	321.00	305.00	330.00	318.00
Other Assets	65.00	48.00	35.00	11.00	13.00	7.00	4.00	7.00	8.00	18.00	76.00	90.00
Total Assets	255.00	215.00	227.00	208.00	189.00	201.00	195.00	266.00	348.00	343.00	427.00	431.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	4.00	-29.00	2.00	-23.00	39.00	1.00	70.00	70.00	-7.00	-17.00	-26.00	5.00
Cash from Investing Activity	-4.00	37.00	6.00	23.00	0.00	0.00	-12.00	-4.00	14.00	99.00	33.00	1.00
Cash from Financing Activity	0.00	-8.00	-7.00	0.00	-39.00	-1.00	-59.00	-68.00	-5.00	-82.00	-7.00	-7.00
Net Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-2.00	2.00	-1.00	0.00	-2.00
Free Cash Flow	0.00	-33.00	-1.00	0.00	39.00	1.00	58.00	70.00	-7.00	-19.00	-26.00	4.00
CFO/OP %	-62.00	295.00	-131.00	19,360.00	1,655.00	12.00	-942.00	-308.00	-24.00	-171.00	68.00	-13.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	125.00	72.00	46.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	34.00
Inventory Days	21.00	26.00	19.00	—	—	—	—	—	—	—	—	66.00
Days Payable	102.00	37.00	66.00	—	—	—	—	—	—	—	—	40.00
Cash Conversion Cycle	44.00	61.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	61.00
Working Capital Days	61.00	109.00	6.00	31.00	46.00	7.00	40.00	13.00	49.00	36.00	—	47.00
ROCE %	7.00	0.00	4.00	0.00	16.00	4.00	-4.00	-8.00	4.00	3.00	-1.00	3.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	72.85	72.85	72.85	72.85	72.85	72.84	72.84	72.84	72.84	72.79	71.90	71.51
FIIs	0.00	0.00	0.00	0.00	0.00	0.29	0.80	0.91	0.66	0.00	0.08	0.00
DIIs	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.41	0.48	0.00	0.00	0.00
Public	27.14	27.15	27.15	27.16	27.16	26.86	26.35	25.83	26.01	27.21	28.03	28.48
No. of Shareholders	11,028	11,215	11,448	11,502	11,568	11,534	11,429	11,398	11,691	12,025	12,217	12,402

Corporate Actions

31 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	10 Jul 2026	10 Jul 2026	—	2.00
Other	25 Jul 2024	—	—	—	Annual General Meeting
Other	10 Aug 2023	—	—	—	Annual General Meeting
Other	07 Sep 2022	—	—	—	Annual General Meeting
Other	14 Sep 2021	—	—	—	Annual General Meeting
Other	26 Feb 2021	01 Mar 2021	—	—	Buy Back of Shares
Other	26 Feb 2021	01 Mar 2021	—	—	Buy Back
Other	25 Nov 2020	—	—	—	Annual General Meeting
Other	13 Sep 2019	—	—	—	Annual General Meeting
Other	09 Aug 2019	13 Aug 2019	—	—	Buy Back of Shares
Other	09 Aug 2019	13 Aug 2019	—	—	Buyback
Other	20 Jul 2018	—	—	—	Annual General Meeting
Other	17 May 2018	18 May 2018	—	—	Buy Back of Shares
Other	17 May 2018	18 May 2018	—	—	Buyback
Dividend	17 Jul 2017	—	—	2.00
Other	18 Jul 2016	—	—	—	Annual General Meeting
Other	28 Apr 2016	29 Apr 2016	—	—	Buy Back of Shares
Other	28 Apr 2016	29 Apr 2016	—	—	Buyback Of Shares
Dividend	20 Jul 2015	—	—	2.00
Dividend	27 Jun 2014	—	—	2.00
Dividend	28 Jun 2013	—	—	2.00
Dividend	09 Jul 2012	—	—	2.00
Dividend	11 Jul 2011	—	—	2.00
Dividend	31 May 2011	01 Jun 2011	—	30.00
Dividend	30 Jun 2010	—	—	2.50
Dividend	03 Sep 2009	—	—	1.00
Other	18 Jun 2009	25 Jun 2009	—	—	Scheme of Arrangement
Dividend	30 Jul 2008	—	—	2.00
Dividend	18 Jul 2007	—	—	2.00
Dividend	16 Aug 2006	—	—	2.00
Dividend	20 Jul 2005	—	—	1.60