Smartlink Holdings Limited (SMARTLINK) - Net Assets

Latest as of September 2025: Rs2.00 Billion INR ≈ $21.65 Million USD

Based on the latest financial reports, Smartlink Holdings Limited (SMARTLINK) has net assets worth Rs2.00 Billion INR (≈ $21.65 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.64 Billion ≈ $28.57 Million USD) and total liabilities (Rs639.48 Million ≈ $6.92 Million USD). 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. Check how resilient are Smartlink Holdings Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.00 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. Also explore SMARTLINK total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see SMARTLINK company net worth.

Year	Net Assets	Change
2025-03-31	Rs1.96 Billion ≈ $21.23 Million	+3.17%
2024-03-31	Rs1.90 Billion ≈ $20.58 Million	+3.69%
2023-03-31	Rs1.84 Billion ≈ $19.85 Million	+11.25%
2022-03-31	Rs1.65 Billion ≈ $17.84 Million	-14.71%
2021-03-31	Rs1.93 Billion ≈ $20.92 Million	+5.69%
2020-03-31	Rs1.83 Billion ≈ $19.79 Million	-25.91%
2019-03-31	Rs2.47 Billion ≈ $26.71 Million	-22.00%
2018-03-31	Rs3.17 Billion ≈ $34.25 Million	-2.47%
2017-03-31	Rs3.25 Billion ≈ $35.12 Million	-22.02%
2016-03-31	Rs4.16 Billion ≈ $45.03 Million	+1.06%
2015-03-31	Rs4.12 Billion ≈ $44.56 Million	+1.43%
2014-03-31	Rs4.06 Billion ≈ $43.93 Million	-2.14%
2013-03-31	Rs4.15 Billion ≈ $44.89 Million	-2.12%
2012-03-31	Rs4.24 Billion ≈ $45.86 Million	+150.85%
2011-03-31	Rs1.69 Billion ≈ $18.28 Million	+5.48%
2010-03-31	Rs1.60 Billion ≈ $17.33 Million	+5.87%
2009-03-31	Rs1.51 Billion ≈ $16.37 Million	-28.76%
2008-03-31	Rs2.12 Billion ≈ $22.98 Million	+7.86%
2007-03-31	Rs1.97 Billion ≈ $21.31 Million	+8.67%
2006-03-31	Rs1.81 Billion ≈ $19.61 Million	+14.30%
2005-03-31	Rs1.59 Billion ≈ $17.15 Million	--

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	Rs1.22 Billion	62.10%
Common Stock	Rs19.95 Million	1.02%
Other Comprehensive Income	Rs1.94 Billion	98.98%
Total Equity	Rs1.96 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
Sambhaav Media Limited NSE:SAMBHAAV	$14.24 Million
GENENTA SCIENCE(SP.ADR)/1 F:K5F	$14.25 Million
Cyclacel Pharmaceuticals Inc NASDAQ:CYCC	$14.25 Million
Spirent Communications plc LSE:SPT	$14.25 Million
Nur Ink Innovations Ltd TA:NURI	$14.23 Million
Solueta Co Ltd KQ:154040	$14.23 Million
JOY SPREADER GROUP INC. F:5YN	$14.23 Million
Hampton Financial Corp V:HFC	$14.22 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	Rs66.05 Million	+3.36%
Other Comprehensive Income	Rs1.90 Billion	+96.88%
Other Changes	Rs-1.91 Billion	-97.17%
Total Change	Rs-	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: 0.67x
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 2.51x to 0.67x 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	Rs52.68	Rs132.00	x
2006-03-31	Rs58.22	Rs132.00	x
2007-03-31	Rs63.44	Rs132.00	x
2008-03-31	Rs70.82	Rs132.00	x
2009-03-31	Rs50.45	Rs132.00	x
2010-03-31	Rs53.42	Rs132.00	x
2011-03-31	Rs56.35	Rs132.00	x
2012-03-31	Rs141.34	Rs132.00	x
2013-03-31	Rs138.35	Rs132.00	x
2014-03-31	Rs135.39	Rs132.00	x
2015-03-31	Rs137.32	Rs132.00	x
2016-03-31	Rs138.78	Rs132.00	x
2017-03-31	Rs133.14	Rs132.00	x
2018-03-31	Rs140.16	Rs132.00	x
2019-03-31	Rs133.63	Rs132.00	x
2020-03-31	Rs117.02	Rs132.00	x
2021-03-31	Rs145.40	Rs132.00	x
2022-03-31	Rs157.23	Rs132.00	x
2023-03-31	Rs183.96	Rs132.00	x
2024-03-31	Rs190.83	Rs132.00	x
2025-03-31	Rs196.77	Rs132.00	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	Rs123.47 Million
2006	13.06%	7.22%	1.21x	1.49x	Rs53.50 Million
2007	11.74%	6.73%	1.28x	1.36x	Rs33.03 Million
2008	13.71%	9.09%	1.15x	1.31x	Rs78.89 Million
2009	4.58%	4.43%	0.87x	1.19x	Rs-82.06 Million
2010	11.15%	10.75%	0.84x	1.23x	Rs18.37 Million
2011	9.41%	8.32%	0.92x	1.23x	Rs-9.99 Million
2012	86.42%	526.92%	0.16x	1.06x	Rs3.24 Billion
2013	-0.48%	-1.66%	0.27x	1.08x	Rs-434.83 Million
2014	-0.49%	-1.33%	0.35x	1.07x	Rs-426.18 Million
2015	3.21%	14.53%	0.21x	1.05x	Rs-279.97 Million
2016	1.05%	6.22%	0.16x	1.03x	Rs-372.59 Million
2017	-2.99%	-9.44%	0.30x	1.07x	Rs-421.83 Million
2018	-1.02%	-3.89%	0.24x	1.08x	Rs-348.28 Million
2019	-0.94%	-2.62%	0.31x	1.16x	Rs-269.70 Million
2020	-7.64%	-23.73%	0.26x	1.25x	Rs-322.59 Million
2021	5.36%	18.79%	0.24x	1.19x	Rs-89.66 Million
2022	6.30%	15.82%	0.31x	1.27x	Rs-61.13 Million
2023	10.48%	12.16%	0.60x	1.43x	Rs8.89 Million
2024	3.71%	3.65%	0.71x	1.43x	Rs-119.68 Million
2025	3.36%	3.15%	0.85x	1.25x	Rs-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: $2,364,982,455
Average return on equity (ROE) among peers: -4.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Smartlink Holdings Limited (SMARTLINK)	Rs2.00 Billion	17.81%	0.32x	$14.24 Million
Astra Microwave Products Limited (ASTRAMICRO)	$5.00 Billion	1.95%	0.23x	$1.16 Billion
Birla Cable Limited (BIRLACABLE)	$1.56 Billion	0.65%	0.80x	$50.51 Million
D-Link (India) Limited (DLINKINDIA)	$776.51 Million	9.07%	0.61x	$172.90 Million
ITI Limited (ITI)	$11.72 Billion	-15.53%	4.98x	$3.11 Billion
Kavveri Telecom Products Limited (KAVVERITEL)	$786.23 Million	-44.85%	7.04x	$24.00 Million
NELCO Limited (NELCO)	$351.75 Million	8.99%	5.09x	$173.67 Million
Panache Digilife Limited (PANACHE)	$291.75 Million	-10.06%	2.75x	$60.15 Million
Paramount Communications Limited (PARACABLES)	$366.13 Million	3.32%	1.23x	$130.15 Million
Shyam Telecom Limited (SHYAMTEL)	$434.83 Million	4.31%	6.44x	$2.76 Million

About Smartlink Holdings Limited

NSE:SMARTLINK India Communication Equipment

Market Cap

$14.24 Million

Rs1.32 Billion INR

Market Cap Rank

#25989 Global

#1453 in India

Share Price

Rs132.00

Change (1 day)

-3.09%

52-Week Range

Rs104.52 - Rs168.18

All Time High

Rs338.85