SMARTLINKInformation Technology

Smartlink Holdings Limited

Computers Hardware & Equipments · ISIN INE178C01020 · BSE 532419 · NSE EQ · FV ₹2
Last price
₹197
-0.35%today
What this company does

Smartlink Holdings Limited operates in Computers Hardware & Equipments, part of the Information Technology sector. It booked ₹80 cr of revenue in its latest quarter (Q2 FY27) and kept 5.0% of sales as profit.

“SMARTLINK HOLDINGS LIMITED Smartlink Holdings Limited has been a prominent player in the IT networking products industry for over three decades, with deep expertise in sourcing, manufacturing, sales, marketing, and customer support. Smartlink is a trusted ODM (Original Design Manufacturer) and EMS (Electronics Manufacturing Services) provider, operating a large, certified manufacturing facility in Goa.”
Their stated vision

“to create a committed workforce through conditions affecting demand and supply, government regulations and Shaping talent management around skills, knowledge sharing taxation, input prices, exchange rate fluctuation, etc.”

In the report:
64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 67–127 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
41

At close. Not part of the score.

Profitability & returns33

How much profit it earns on the money it employs

Balance sheet81

How much it owes, and whether earnings cover the interest

Cash quality64

Whether reported profit actually arrives as cash

Growth & consistency49

Whether sales and profit have grown, and how steadily

Valuation88

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 14% vs last year
✓ Profit up 117% vs last year
✓ Promoters hold 73%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Thin 5.0% net margin
! Low 7.4% return on equity
! Operating cash flow is negative

What if I invest in SMARTLINK?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹197▼ -0.35%
latest close · 2026-11-03
1-year return
+74.6%
52-wk low ₹9752-wk high ₹265
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.1Low
LowAverageHigh
P/B ratio0.90Below book
Below bookModerateHigh
EV / EBITDA7.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.4%Weak
WeakFairStrong ▸15%
Return on capital9.9%Fair
WeakFairStrong
Net margin5.0%Decent
ThinDecentStrong
EBITDA margin8.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover44.2×Strong
RiskyOkayStrong ▸5×
Current ratio3.31Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹197 cr
Book value
₹218
EPS
₹4.06
latest quarter
Net debt
₹1 cr
owes more than its cash
Enterprise value
₹198 cr
EBITDA
₹27 cr
annualised
EBIT
₹22 cr
annualised
Operating margin
7.0%
Return on assets
5.5%
Earnings yield
8.24%
P/S
0.61
Sales / share
₹322.3
Tax rate
26.0%
Face value
₹2
Shares
1.0 cr
Working capital
₹160 cr
Current assets
₹229 cr
Current liabilities
₹69 cr
Delivery %
53.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹74–₹74, midpoint ₹74

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹80 cr
Other Income₹2 cr
Total Income₹83 cr
Cost of Materials₹35 cr
Purchases of Stock-in-Trade₹36 cr
Inventory Change (±)₹-7 cr
Employee Benefit Expense₹7 cr
Finance Costs₹12.7 L
Depreciation & Amortisation₹1 cr
Other Expenses₹4 cr
Total Expenses₹77 cr
Profit before Tax₹5 cr
Tax Expense₹1 cr
Net Profit₹4 cr
Net margin on total income4.9%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹65 cr78.3%
Employee benefit expense₹7 cr8.3%
Finance costs₹12.7 L0.2%
Depreciation & amortisation₹1 cr1.3%
Other expenses₹4 cr5.3%
Tax expense₹1 cr1.7%
Profit for the period₹4 cr4.9%
Total income ₹83 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue99 cr65 cr80 cr
Total income101 cr69 cr83 cr
Expenses92 cr62 cr77 cr
Profit before tax9 cr7 cr5 cr
Tax2 cr2 cr1 cr
Net profit (owners' share)7 cr6 cr4 cr
Net margin (owners' share, on revenue)6.9%8.6%5.0%
EPS (₹)6.895.624.06
YoY (latest quarter): total income +14.1% · net profit +117.3%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹295 cr
Shareholder equity
₹218 cr
parent shareholders
Total debt
₹2 cr
Cash
₹1 cr
Cash flow · H1 FY27
Operating
₹-15 cr
Investing
₹16 cr
Financing
₹-15.4 L
Peer comparison
Computers Hardware & Equipments · by market value
CompanyPriceMarket capP/E
GNG Electronics Limited₹687₹7,835 cr34.8
Rashi Peripherals Limited₹802₹5,283 cr12.9
NELCO Limited₹687₹1,567 cr225.8
D-Link (India) Limited₹404₹1,434 cr12.7
Ivalue Infosolutions Limited₹187₹1,022 cr16.1
Control Print Limited₹575₹919 cr17.5
TVS Electronics Limited₹369₹688 cr—
Dc Infotech And Communication Limited₹330₹541 cr29.0
HCL Infosystems Limited₹9₹310 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.01%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹2 / share10 Jul 2026
Buyback Buy Back26 Feb 2021
Buyback Buyback9 Aug 2019
Buyback Buyback17 May 2018
Dividend₹2 / share17 Jul 2017
Buyback Buyback Of Shares28 Apr 2016
Who owns it · 2026-09-30
No pledge
Promoter
72.8%
Public
27.1%
Promoter stake up 0.9% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtLAKSHANA AMIT SHARMA · Promoters2.03 L · ₹2.7 cr22 Dec 25
SoldSUDHA KAMALAKSHA NAIK · Promoters2.03 L · ₹2.7 cr22 Dec 25
BoughtKAMALAKSHA RAMA NAIK · Promoters4,854 · ₹8.3 L28 Mar 24
Bulk / block deals
SoldGAURAV AGARWAL · NSE51,837 @ ₹257.7819 Oct 26
BoughtGAURAV AGARWAL · NSE1,637 @ ₹248.6619 Oct 26
BoughtSAMVITTI CAPITAL ALPHA FUND · NSE72,110 @ ₹277.8113 May 24
Stake changes
SoldSudha Kamalaksha Naik · promoter→ 2.65% · 2.03 L22 Dec 25
BoughtDr. Lakshana Amit Sharma · promoter→ 10.00% · 2.03 L2 Dec 25
BoughtKamalaksha Rama Naik · promoter→ 49.63% · 7,52328 Mar 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 13 Aug 2025
See the official result
1
To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2025, together with the Report of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
48,728 votes for, 0 against
2
To appoint a Director in place of Mr. K.R. Naik (DIN:00002013) who retires by rotation and being eligible offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
48,728 votes for, 0 against
3
To Appoint Secretarial Auditor of the Company
Backed by 100% of shareholders other than promotersneeded 50%
48,700 votes for, 0 against
4
To Alter the Objects Clause of the Memorandum of Association of the Company
Backed by 100% of shareholders other than promotersneeded 75%
48,700 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 17 named members
owning 72.8% between them · as of 2026-09-30
KAMALAKSHA RAMA NAIK49.63%
LAKSHANA AMIT SHARMA10.00%
ARATI KAMALAKSHA NAIK9.37%
SUDHA KAMALAKSHA NAIK2.65%
K R NAIK HUF (Kamalaksha Rama Naik)1.01%
AMIT VIRENDRA SHARMA0.18%
ASHOK RAMA NAIKno shares
ASHOK SADANAND GAONKARno shares
Business done with them
FY2026 · 2 of the group
The company paid ₹1.4 L to companies in the promoter group last year — about 0.0% of its ₹269 cr revenue.
LAKSHANA AMIT SHARMA
Other payments to them · Director Sitting Fees
also owns 10.00% of the company
₹1 L
company paid
ARATI KAMALAKSHA NAIK
Other payments to them · Rent Expenses
also owns 9.37% of the company
₹0.4 L
company paid

The company also transacted with 6 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.