Smartlink Holdings Limited Net Assets
Smartlink Holdings Limited net assets. 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. Also explore net asset momentum of Smartlink Holdings Limited to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Smartlink Holdings Limited (2005–2025)
Net assets of Smartlink Holdings Limited from 2005 to 2025. This chart illustrates how Smartlink Holdings Limited's net assets have evolved over time, based on quarterly financial data. See SMARTLINK net asset quality index to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see Smartlink Holdings Limited (SMARTLINK) total market value.
| 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.
Smartlink Holdings Limited Net Assets Breakdown (March 2025)
Smartlink Holdings Limited net assets breakdown by equity component as of 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 |
|---|---|
|
Sah Polymers Limited
NSE:SAH
|
$21.26 Million |
|
The Mercantile Investment Trust plc
LSE:MRC
|
$21.26 Million |
|
Cliq Digital AG
XETRA:CLIQ
|
$21.26 Million |
|
Duc Long Gia Lai Group JSC
VN:DLG
|
$21.27 Million |
|
Hermana Holding ASA
OL:HERMA
|
$21.26 Million |
|
Watches Of Switzerland Group PLC
LSE:WOSG
|
$21.26 Million |
|
Nano X Imaging Ltd
NASDAQ:NNOX
|
$21.26 Million |
|
Hitechpros
PA:ALHIT
|
$21.25 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: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.74x to 1.00x 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 | Rs197.07 | x |
| 2006-03-31 | Rs58.22 | Rs197.07 | x |
| 2007-03-31 | Rs63.44 | Rs197.07 | x |
| 2008-03-31 | Rs70.82 | Rs197.07 | x |
| 2009-03-31 | Rs50.45 | Rs197.07 | x |
| 2010-03-31 | Rs53.42 | Rs197.07 | x |
| 2011-03-31 | Rs56.35 | Rs197.07 | x |
| 2012-03-31 | Rs141.34 | Rs197.07 | x |
| 2013-03-31 | Rs138.35 | Rs197.07 | x |
| 2014-03-31 | Rs135.39 | Rs197.07 | x |
| 2015-03-31 | Rs137.32 | Rs197.07 | x |
| 2016-03-31 | Rs138.78 | Rs197.07 | x |
| 2017-03-31 | Rs133.14 | Rs197.07 | x |
| 2018-03-31 | Rs140.16 | Rs197.07 | x |
| 2019-03-31 | Rs133.63 | Rs197.07 | x |
| 2020-03-31 | Rs117.02 | Rs197.07 | x |
| 2021-03-31 | Rs145.40 | Rs197.07 | x |
| 2022-03-31 | Rs157.23 | Rs197.07 | x |
| 2023-03-31 | Rs183.96 | Rs197.07 | x |
| 2024-03-31 | Rs190.83 | Rs197.07 | x |
| 2025-03-31 | Rs196.77 | Rs197.07 | 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: $4,572,657,539
- Average return on equity (ROE) among peers: -10.51%
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 | $21.26 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $916.52 Million | 29.81% | 1.03x | $1.57 Billion |
| Birla Cable Limited (BIRLACABLE) | $953.71 Million | 3.34% | 1.22x | $102.56 Million |
| D-Link (India) Limited (DLINKINDIA) | $4.75 Billion | 21.93% | 0.57x | $155.12 Million |
| ITI Limited (ITI) | $24.44 Billion | 0.39% | 2.65x | $2.73 Billion |
| Kavveri Telecom Products Limited (KAVVERITEL) | $1.14 Billion | -33.28% | 4.15x | $24.00 Million |
| NELCO Limited (NELCO) | $757.80 Million | 16.31% | 2.25x | $169.41 Million |
| Panache Digilife Limited (PANACHE) | $18.56 Million | 23.19% | 7.66x | $106.48 Million |
| Paramount Communications Limited (PARACABLES) | $7.78 Billion | 7.68% | 0.45x | $218.60 Million |
| Shyam Telecom Limited (SHYAMTEL) | $394.87 Million | -163.95% | 3.55x | $1.38 Million |
About 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