Smartlink Holdings Limited
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, unman… Read more
Smartlink Holdings Limited (SMARTLINK) - Net Assets
Latest net assets as of September 2025: ₹2.00 Billion INR
Based on the latest financial reports, Smartlink Holdings Limited (SMARTLINK) has net assets worth ₹2.00 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.64 Billion) and total liabilities (₹639.48 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.00 Billion |
| % of Total Assets | 75.79% |
| Annual Growth Rate | 1.07% |
| 5-Year Change | 1.5% |
| 10-Year Change | -52.86% |
| Growth Volatility | 35.75 |
Smartlink Holdings Limited - Net Assets Trend (2005–2025)
This chart illustrates how Smartlink Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Smartlink Holdings Limited (2005–2025)
The table below shows the annual net assets of Smartlink Holdings Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.96 Billion | +3.17% |
| 2024-03-31 | ₹1.90 Billion | +3.69% |
| 2023-03-31 | ₹1.84 Billion | +11.25% |
| 2022-03-31 | ₹1.65 Billion | -14.71% |
| 2021-03-31 | ₹1.93 Billion | +5.69% |
| 2020-03-31 | ₹1.83 Billion | -25.91% |
| 2019-03-31 | ₹2.47 Billion | -22.00% |
| 2018-03-31 | ₹3.17 Billion | -2.47% |
| 2017-03-31 | ₹3.25 Billion | -22.02% |
| 2016-03-31 | ₹4.16 Billion | +1.06% |
| 2015-03-31 | ₹4.12 Billion | +1.43% |
| 2014-03-31 | ₹4.06 Billion | -2.14% |
| 2013-03-31 | ₹4.15 Billion | -2.12% |
| 2012-03-31 | ₹4.24 Billion | +150.85% |
| 2011-03-31 | ₹1.69 Billion | +5.48% |
| 2010-03-31 | ₹1.60 Billion | +5.87% |
| 2009-03-31 | ₹1.51 Billion | -28.76% |
| 2008-03-31 | ₹2.12 Billion | +7.86% |
| 2007-03-31 | ₹1.97 Billion | +8.67% |
| 2006-03-31 | ₹1.81 Billion | +14.30% |
| 2005-03-31 | ₹1.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smartlink Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 121904200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.22 Billion | 62.10% |
| Common Stock | ₹19.95 Million | 1.02% |
| Other Comprehensive Income | ₹1.94 Billion | 98.98% |
| Total Equity | ₹1.96 Billion | 100.00% |
Smartlink Holdings Limited Competitors by Market Cap
The table below lists competitors of Smartlink Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eventiko Inc
PINK:EVTK
|
$3.58 Million |
|
ENGlobal Corporation
NASDAQ:ENG
|
$3.58 Million |
|
Compagnie de Chemins de Fer Départementaux Société Anonyme
PA:MLCFD
|
$3.58 Million |
|
Lyckegard Group AB
ST:LYGRD
|
$3.58 Million |
|
Nubian Resources Ltd
OTCQB:NBRFF
|
$3.58 Million |
|
Thruvision Group plc
PINK:DIGTF
|
$3.58 Million |
|
Eko Export SA
WAR:EEX
|
$3.57 Million |
|
Silicon Touch Technology Inc.
TWO:3288
|
$3.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartlink Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,902,761,000 to 1,963,150,000, a change of 60,389,000 (3.2%).
- Net income of 66,051,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,901,941,000.
- Other factors decreased equity by 1,907,603,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹66.05 Million | +3.36% |
| Other Comprehensive Income | ₹1.90 Billion | +96.88% |
| Other Changes | ₹-1.91 Billion | -97.17% |
| Total Change | ₹- | 3.17% |
Book Value vs Market Value Analysis
This analysis compares Smartlink Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.22x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹52.68 | ₹117.13 | x |
| 2006-03-31 | ₹58.22 | ₹117.13 | x |
| 2007-03-31 | ₹63.44 | ₹117.13 | x |
| 2008-03-31 | ₹70.82 | ₹117.13 | x |
| 2009-03-31 | ₹50.45 | ₹117.13 | x |
| 2010-03-31 | ₹53.42 | ₹117.13 | x |
| 2011-03-31 | ₹56.35 | ₹117.13 | x |
| 2012-03-31 | ₹141.34 | ₹117.13 | x |
| 2013-03-31 | ₹138.35 | ₹117.13 | x |
| 2014-03-31 | ₹135.39 | ₹117.13 | x |
| 2015-03-31 | ₹137.32 | ₹117.13 | x |
| 2016-03-31 | ₹138.78 | ₹117.13 | x |
| 2017-03-31 | ₹133.14 | ₹117.13 | x |
| 2018-03-31 | ₹140.16 | ₹117.13 | x |
| 2019-03-31 | ₹133.63 | ₹117.13 | x |
| 2020-03-31 | ₹117.02 | ₹117.13 | x |
| 2021-03-31 | ₹145.40 | ₹117.13 | x |
| 2022-03-31 | ₹157.23 | ₹117.13 | x |
| 2023-03-31 | ₹183.96 | ₹117.13 | x |
| 2024-03-31 | ₹190.83 | ₹117.13 | x |
| 2025-03-31 | ₹196.77 | ₹117.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartlink Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.15%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.25x
- Recent ROE (3.36%) is below the historical average (8.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.81% | 9.93% | 1.22x | 1.47x | ₹123.47 Million |
| 2006 | 13.06% | 7.22% | 1.21x | 1.49x | ₹53.50 Million |
| 2007 | 11.74% | 6.73% | 1.28x | 1.36x | ₹33.03 Million |
| 2008 | 13.71% | 9.09% | 1.15x | 1.31x | ₹78.89 Million |
| 2009 | 4.58% | 4.43% | 0.87x | 1.19x | ₹-82.06 Million |
| 2010 | 11.15% | 10.75% | 0.84x | 1.23x | ₹18.37 Million |
| 2011 | 9.41% | 8.32% | 0.92x | 1.23x | ₹-9.99 Million |
| 2012 | 86.42% | 526.92% | 0.16x | 1.06x | ₹3.24 Billion |
| 2013 | -0.48% | -1.66% | 0.27x | 1.08x | ₹-434.83 Million |
| 2014 | -0.49% | -1.33% | 0.35x | 1.07x | ₹-426.18 Million |
| 2015 | 3.21% | 14.53% | 0.21x | 1.05x | ₹-279.97 Million |
| 2016 | 1.05% | 6.22% | 0.16x | 1.03x | ₹-372.59 Million |
| 2017 | -2.99% | -9.44% | 0.30x | 1.07x | ₹-421.83 Million |
| 2018 | -1.02% | -3.89% | 0.24x | 1.08x | ₹-348.28 Million |
| 2019 | -0.94% | -2.62% | 0.31x | 1.16x | ₹-269.70 Million |
| 2020 | -7.64% | -23.73% | 0.26x | 1.25x | ₹-322.59 Million |
| 2021 | 5.36% | 18.79% | 0.24x | 1.19x | ₹-89.66 Million |
| 2022 | 6.30% | 15.82% | 0.31x | 1.27x | ₹-61.13 Million |
| 2023 | 10.48% | 12.16% | 0.60x | 1.43x | ₹8.89 Million |
| 2024 | 3.71% | 3.65% | 0.71x | 1.43x | ₹-119.68 Million |
| 2025 | 3.36% | 3.15% | 0.85x | 1.25x | ₹-130.26 Million |
Industry Comparison
This section compares Smartlink Holdings Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,515,357,476
- Average return on equity (ROE) among peers: 1.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartlink Holdings Limited (SMARTLINK) | ₹2.00 Billion | 17.81% | 0.32x | $3.58 Million |
| Aksh Optifibre Limited (AKSHOPTFBR) | $3.75 Billion | 5.77% | 0.55x | $6.30 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $683.35 Million | 53.61% | 1.31x | $810.40 Million |
| Avantel Limited (AVANTEL) | $662.40 Million | 23.15% | 0.31x | $222.42 Million |
| Birla Cable Limited (BIRLACABLE) | $1.87 Billion | 11.65% | 0.85x | $16.37 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.86 Billion | 6.84% | 0.67x | $60.68 Million |
| GTL Infrastructure Limited (GTLINFRA) | $29.00 Billion | -13.04% | 4.52x | $148.08 Million |
| HFCL Limited (HFCL) | $-533.93 Million | 0.00% | 0.00x | $966.03 Million |
| ITI Limited (ITI) | $16.47 Billion | -26.04% | 2.32x | $298.19 Million |
| KAVDEFENCE (KAVDEFENCE) | $868.37 Million | 7.38% | 0.42x | $14.58 Million |
| Kavveri Telecom Products Limited (KAVVERITEL) | $532.58 Million | -59.18% | 11.08x | $9.13 Million |