Smartlink Holdings (SMARTLINK)₹207.77−0.85%Investment Company
In the Sep 2026 quarter (consolidated), Smartlink Holdings reported sales of ₹80.13 Cr, up 14.3% from Sep 2025, and net profit of ₹4.06 Cr, up 117.1% year on year. For the year to Mar 2026, sales were ₹268 Cr and net profit ₹13.01 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37.49 | 75.74 | 39.97 | 55.15 | 53.62 | 65.21 | 36.93 | 70.11 | 62.54 | 99.05 | 65.09 | 80.13 |
| Expenses | 40.50 | 66.89 | 41.54 | 56.01 | 53.02 | 64.61 | 36.34 | 68.53 | 61.43 | 90.43 | 60.45 | 75.95 |
| Operating Profit | −3.02 | 8.90 | −1.58 | −0.93 | 0.60 | 0.59 | 0.59 | 1.58 | 1.11 | 8.69 | 4.60 | 4.22 |
| OPM % | −8.0% | 11.7% | −3.9% | −1.7% | 1.1% | 0.9% | 1.6% | 2.2% | 1.7% | 8.7% | 7.1% | 5.3% |
| Other Income | 2.84 | 3.05 | 2.77 | 3.41 | 2.70 | 3.08 | 3.32 | 2.31 | 3.10 | 1.90 | 4.15 | 2.48 |
| Interest | 0.51 | 0.57 | 0.46 | 0.25 | 0.53 | 0.34 | 0.10 | 0.12 | 0.36 | 0.24 | 0.23 | 0.14 |
| Depreciation | 0.86 | 0.86 | 0.90 | 0.92 | 0.96 | 0.95 | 0.95 | 1.05 | 1.05 | 1.05 | 1.08 | 1.11 |
| Profit before tax | −1.54 | 10.47 | −0.16 | 1.30 | 1.80 | 2.37 | 2.85 | 2.71 | 2.77 | 9.26 | 7.41 | 5.45 |
| Tax % | −21.4% | 17.2% | 158.8% | 48.8% | −40.4% | −61.0% | 24.1% | 31.2% | 19.7% | 26.0% | 24.7% | 25.9% |
| Net Profit | −1.22 | 8.69 | −0.45 | 0.68 | 2.55 | 3.85 | 2.19 | 1.87 | 2.25 | 6.88 | 5.62 | 4.06 |
| EPS (Rs) | −1.22 | 8.69 | −0.45 | 0.68 | 2.56 | 3.86 | 2.18 | 1.87 | 2.26 | 6.90 | 5.61 | 4.07 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 104 | 98.76 | 108 | 74.83 | 69.85 | 79.78 | 163 | 197 | 214 | 268 | 307 |
| Expenses | 108 | 96.75 | 105 | 80.69 | 59.86 | 69.76 | 157 | 194 | 215 | 256 | 288 |
| Operating Profit | −4.01 | 1.99 | 3.01 | −6.01 | 10.99 | 10.01 | 5.01 | 3.01 | −1.01 | 12.01 | 18.62 |
| OPM % | −4.3% | 1.9% | 2.4% | −7.0% | 15.0% | 12.0% | 3.3% | 1.4% | −0.5% | 4.5% | 6.1% |
| Other Income | 2.01 | 0.00 | 1.01 | −4.01 | 2.01 | 1.01 | 22.08 | 12.03 | 12.04 | 11.03 | 11.63 |
| Interest | 0.00 | 0.00 | 1.01 | 3.01 | 1.01 | 1.01 | 2.01 | 2.01 | 2.01 | 1.01 | 0.97 |
| Depreciation | 2.01 | 2.01 | 2.01 | 2.99 | 2.99 | 1.99 | 2.99 | 2.99 | 4.01 | 3.99 | 4.29 |
| Profit before tax | −4.98 | 0.00 | 0.99 | −14.96 | 8.98 | 6.98 | 22.94 | 8.97 | 4.98 | 17.96 | 24.89 |
| Tax % | 102.9% | 1,372.9% | 368.0% | −3.0% | −13.1% | −40.1% | 14.9% | 19.0% | −24.1% | 25.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | −4.01 | 0.00 | 0.00 | 18.04 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | −10.01 | −3.01 | −2.01 | −14.01 | 10.01 | 10.01 | 19.01 | 7.01 | 7.01 | 13.01 | 18.81 |
| EPS (Rs) | −4.32 | −1.42 | −1.38 | −10.52 | 7.81 | 10.43 | 19.30 | 7.07 | 6.64 | 13.19 | 18.84 |
| Dividend payout % | −46.0% | −139.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 15.0% | — |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.99 | 4.99 | 2.99 | 2.99 | 3.00 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 |
| Reserves | 320 | 312 | 243 | 180 | 191 | 163 | 182 | 188 | 194 | 208 |
| Borrowings | 0.99 | 4.00 | 19.97 | 26.93 | 23.97 | 24.95 | 33.97 | 31.90 | 4.00 | 2.99 |
| Other Liabilities | 21.10 | 21.10 | 19.09 | 19.09 | 13.06 | 19.10 | 44.22 | 45.21 | 45.22 | 88.33 |
| Total Liabilities | 346 | 341 | 285 | 229 | 230 | 209 | 262 | 267 | 245 | 301 |
| Fixed Assets | 21.95 | 20.95 | 19.94 | 33.91 | 29.92 | 30.94 | 32.94 | 31.93 | 31.92 | 31.93 |
| CWIP | 0.00 | 0.00 | 0.00 | 1.99 | 1.99 | 1.99 | 0.00 | 0.00 | 0.00 | 0.99 |
| Investments | 259 | 273 | 209 | 161 | 165 | 110 | 123 | 130 | 105 | 114 |
| Other Assets | 64.95 | 46.95 | 54.95 | 31.98 | 32.99 | 65.97 | 106 | 105 | 108 | 153 |
| Inventories | 29.07 | 15.05 | 17.05 | 10.03 | 7.02 | 14.04 | 33.08 | 22.06 | 30.09 | 34.10 |
| Trade receivables | 15.01 | 13.01 | 15.02 | 8.01 | 9.01 | 16.99 | 40.04 | 57.07 | 57.02 | 89.02 |
| Cash & equivalents | 13.97 | 5.98 | 9.98 | 5.99 | 10.97 | 20.96 | 13.95 | 6.98 | 3.99 | 11.97 |
| Total Assets | 346 | 341 | 285 | 229 | 230 | 209 | 262 | 267 | 245 | 301 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −34.08 | −9.03 | −22.05 | 74.11 | 3.01 | 42.09 | −26.06 | 0.00 | −6.01 | 15.03 |
| Cash from investing activity | 115 | 14.05 | 72.17 | −17.04 | 0.00 | −4.01 | 21.07 | 5.02 | 36.08 | −13.04 |
| Cash from financing activity | −81.01 | −2.01 | −51.98 | −58.05 | −3.01 | −38.01 | 5.01 | −4.01 | −29.02 | −1.99 |
| Net cash flow | 0.00 | 2.99 | −2.99 | −0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capex | 3.01 | 0.00 | 1.01 | 17.04 | 0.00 | 4.01 | 4.01 | 3.01 | 3.01 | 4.01 |
| Free cash flow | −36.01 | −9.01 | −23.02 | 57.06 | 3.01 | 38.03 | −5.01 | −3.01 | −9.01 | 11.01 |
| CFO / OP % | 747.1% | −267.0% | −727.0% | −1,380.9% | 29.1% | 449.0% | −405.0% | 18.0% | 556.0% | 147.0% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 52 | 50 | 50 | 38 | 45 | 79 | 90 | 106 | 96 | 121 |
| Inventory days | 163 | 88 | 89 | 77 | 66 | 105 | 95 | 51 | 62 | 58 |
| Days payable | 75 | 87 | 72 | 87 | 76 | 90 | 106 | 88 | 75 | 126 |
| Cash conversion cycle | 141 | 52 | 67 | 29 | 37 | 94 | 81 | 70 | 84 | 55 |
| Working capital days | 103 | 53 | 17 | 25 | 53 | 102 | 100 | 27 | 85 | 63 |
| ROCE % | — | 0.0% | 1.0% | −3.0% | 5.0% | 4.0% | 2.0% | 5.0% | 3.0% | 9.0% |
For the Sep 2026 quarter, Smartlink Holdings reported sales of ₹80.13 Cr, up 14.3% year on year and net profit of ₹4.06 Cr, up 117.1% year on year. The operating margin was 5.3%.
Smartlink Holdings' sales for the year to Mar 2026 were ₹268 Cr; over the last twelve months they were ₹307 Cr.
Net profit for the year to Mar 2026 was ₹13.01 Cr, and ₹18.81 Cr over the last twelve months. Earnings per share over the same trailing period were ₹18.84.
Smartlink Holdings reported borrowings of ₹2.99 Cr at Mar 2026, against cash and equivalents of ₹11.97 Cr.
Cash from operations was ₹15.03 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹11.01 Cr.