Smartlink Holdings Limited (SMARTLINK) AI Stock Analysis

• Market Cap: ₹1.30B
• Dividend Yield: N/A
• Average Volume (3M): 804.00
• Price to Earnings (P/E): 14.1
• Beta (1Y): 1.14
• Revenue Growth: 2.06%
• EPS Growth: 17.50%
• Country: IN
• Employees: 20
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): 2.18
• 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: ₹155.00
• Price Target Upside: 19.14% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: ₹155.00 ▲(19.14% Upside)

Smartlink Holdings Limited shows strong financial performance with robust revenue growth and a stable balance sheet. However, technical indicators suggest a bearish trend, and cash flow management issues persist. The stock's valuation is reasonable, but the lack of a dividend yield may deter some investors. Addressing cash flow challenges and improving market momentum could enhance the stock's attractiveness.

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 Holdings Limited generates revenue through multiple streams. Primarily, the company earns income from the sale of software products and licenses, which are designed to optimize network operations and improve business processes. Additionally, SMARTLINK generates revenue from IT consulting services, providing expert guidance and implementation for businesses looking to enhance their technological capabilities. The company also benefits from recurring revenue through maintenance and support contracts for its software and hardware solutions. Strategic partnerships with telecommunications providers and tech firms further bolster its earnings, allowing for collaborative projects and shared resources that expand market reach and service offerings.

Smartlink Holdings Limited Financial Statement Overview

Summary

Smartlink Holdings Limited shows strong revenue growth and a stable financial position with a robust balance sheet and low leverage. However, challenges in cash flow management, particularly in converting profits into cash, and 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	316.26M	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: 130.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 130.1 is below the 20-day moving average (MA) of 146.93, below the 50-day MA of 147.57, and below the 200-day MA of 154.71, indicating a bearish trend. The MACD of -4.22 indicates Positive momentum. The RSI at 34.57 is Neutral, neither overbought nor oversold. The STOCH value of 8.80 is Positive, 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
MRO.TEK	74 Outperform	₹1.90B	4.69	―	―	15.98%	271.63%
INSPIRISYS	69 Neutral	₹3.64B	10.28	―	―	-27.51%	278.69%
INTENTECH	66 Neutral	₹3.07B	36.01	―	0.77%	-10.39%	-52.44%
SMARTLINK	63 Neutral	₹1.30B	14.07	―	―	2.06%	17.50%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AKSHOPTFBR	45 Neutral	₹1.23B	―	―	―	-43.70%	64.13%