Smartlink Holdings Limited (SMARTLINK) AI Stock Analysis

• Market Cap: ₹1.28B
• Dividend Yield: N/A
• Average Volume (3M): 804.00
• Price to Earnings (P/E): 12.9
• Beta (1Y): 1.11
• Revenue Growth: 4.87%
• EPS Growth: 35.38%
• Country: IN
• Employees: 20
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 1.87
• Shares Outstanding: 9,975,000
• 10 Day Avg. Volume: 738
• 30 Day Avg. Volume: 804
• PEG Ratio: -2.94
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.60
• P/FCF Ratio: -13.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹135.00 ▲(0.07% Upside)

Smartlink Holdings Limited's overall stock score is primarily influenced by its strong financial performance, despite cash flow challenges. The technical analysis indicates bearish momentum, which negatively impacts the score. Valuation is reasonable, but the lack of a dividend yield is a minor drawback.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and profitability.

Low Leverage

Low leverage enhances financial stability, providing flexibility to invest in growth opportunities without excessive debt burden.

Stable Gross Profit Margin

Stable gross margins reflect effective cost control, ensuring profitability even as the company scales operations and expands its market presence.

Negative Factors

Cash Flow Management

Inconsistent cash flow generation can hinder the company's ability to fund operations and growth initiatives, posing a risk to financial health.

Negative EBITDA

Negative EBITDA indicates operational challenges, potentially impacting profitability and necessitating strategic adjustments to improve efficiency.

Inconsistent Net Profit Margin

Fluctuating net profit margins suggest volatility in earnings, which could affect investor confidence and the company's ability to sustain growth.

Smartlink Holdings Limited Business Overview & Revenue Model

Company Description

Smartlink Holdings Limited, together with its subsidiaries, develops, manufactures, markets, distributes, and services networking products in India. The company operates in two segments, Investment and Networking. It offers networking products, such as switches, broadband routers, wireless LANs, and GPON and GePON under the DIGISOL brand name. The company also develops and manufactures copper and fiber range of cabling products, which include cabling solutions, patch panels, patch cords, fiber cables and connectors, couplers, etc.; manufactures electronic products for the IT, networking, and telecom industries; and provides technical assistance center services. In addition, it offers real estate services. The company also exports its products. 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.

How the Company Makes Money

Smartlink generates revenue through multiple streams, primarily by selling its technology solutions and services to businesses and government entities. Key revenue sources include sales from telecommunications infrastructure projects, recurring revenue from software-as-a-service (SaaS) offerings, and consulting services related to IT and network optimization. Additionally, Smartlink engages in strategic partnerships with other technology providers, which can enhance its product offerings and expand its market reach, contributing to overall earnings growth.

Smartlink Holdings Limited Financial Statement Overview

Summary

Smartlink Holdings Limited demonstrates strong revenue growth and a stable financial position, supported by a robust balance sheet with low leverage. However, challenges in cash flow management, particularly in converting profits into cash, and a negative EBITDA in 2025 highlight areas for improvement.

Income Statement

Smartlink Holdings Limited has shown strong revenue growth over the past years, with a significant increase from 2022 to 2025. The gross profit margin has remained stable, indicating efficient cost management. However, the net profit margin has been inconsistent, with a decline in 2025 due to lower net income. The EBIT margin shows improvement, reflecting better operational efficiency, but the negative EBITDA in 2025 is a concern.

Balance Sheet

The company maintains a strong equity position with a high equity ratio, indicating financial stability. The debt-to-equity ratio is low, suggesting low leverage and reduced financial risk. Return on equity has been volatile but remains positive, showing potential for shareholder returns. Overall, the balance sheet reflects a solid financial foundation.

Cash Flow

Cash flow from operations has been inconsistent, with a negative figure in 2025, raising concerns about cash generation. Free cash flow has also fluctuated, with a significant decline in 2025. The operating cash flow to net income ratio indicates challenges in converting profits into cash. Despite these issues, the company has managed its investing and financing activities effectively.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.17B	2.10B	1.94B	1.58B	656.58M	551.87M
Gross Profit	516.82M	403.80M	319.45M	363.01M	310.29M	177.68M
EBITDA	133.01M	-13.06M	144.00M	274.40M	105.95M	132.32M
Net Income	92.24M	66.05M	70.59M	192.39M	103.87M	103.72M
Balance Sheet
Total Assets	0.00	2.46B	2.71B	2.62B	2.09B	2.30B
Cash, Cash Equivalents and Short-Term Investments	754.06M	754.06M	948.91M	136.64M	207.47M	105.73M
Total Debt	0.00	38.73M	326.22M	336.67M	252.79M	236.21M
Total Liabilities	-1.96B	497.22M	809.09M	781.26M	439.24M	363.71M
Stockholders Equity	1.96B	1.96B	1.90B	1.84B	1.65B	1.93B
Cash Flow
Free Cash Flow	0.00	-94.71M	42.69M	-299.81M	377.25M	29.48M
Operating Cash Flow	0.00	-60.99M	74.63M	-258.60M	419.66M	30.61M
Investing Cash Flow	0.00	356.65M	-31.53M	209.53M	-42.34M	-1.03M
Financing Cash Flow	0.00	-292.95M	-42.77M	47.25M	-376.84M	-26.66M

Smartlink Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 134.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SMARTLINK, the sentiment is Negative. The current price of 134.9 is above the 20-day moving average (MA) of 133.01, above the 50-day MA of 134.21, and below the 200-day MA of 145.22, indicating a bearish trend. The MACD of -1.62 indicates Positive momentum. The RSI at 45.14 is Neutral, neither overbought nor oversold. The STOCH value of 35.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SMARTLINK.

Smartlink Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INTENTECH	72 Outperform	₹2.80B	32.80	―	0.84%	-10.39%	-52.44%
MRO.TEK	72 Outperform	₹1.65B	4.02	―	―	15.98%	271.63%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
INSPIRISYS	61 Neutral	₹3.57B	8.83	―	―	-1.07%	187.83%
SMARTLINK	60 Neutral	₹1.28B	12.92	―	―	4.87%	35.38%
AKSHOPTFBR	45 Neutral	₹1.06B	-5.10	―	―	-29.38%	73.60%