🔍

Smartlink Holdings Limited (SMARTLINK)

₹214.82 +0.17% last close, 16 Oct

📊 NSE: SMARTLINK 🏢 Finance & Investments 📢 Latest filing: 06 Oct 2026 📝 Analysis written: 14 Dec 2025

Q2 FY27 results

📅 Next results: 28 Oct 2026 (board meeting)

Smartlink Holdings Limited's board meets on 28 Oct 2026 to consider its Q2 FY27 results (July-September 2026).

In its latest reported quarter, Q1 FY27, Smartlink Holdings' revenue was ₹65.3 Cr (+76.3% year on year, -34.3% on the previous quarter), and net profit ₹5.6 Cr (+157.8% year on year); the operating margin was 7.1%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹65.3	+76.3%	-34.3%
Operating profit	₹4.6	+688.9%	-46.8%
Net profit	₹5.6	+157.8%	-18.4%
EPS (₹)	5.62	+157.8%	-18.4%
Operating margin	7.1%	—	—

Full quarterly financials → Results calendar →

SMARTLINK exchange data

NSE end-of-day data for Fri, 16 Oct 2026

It closed at a price band (circuit) on 2 sessions in about the last 20.

₹214.82NSE close · +0.17%

Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Smartlink Arm Receives ₹3.36 Cr GST Show Cause Notice for FY23

🔵 WATCH ⭐ 4/10

LEGAL 📅 06 Oct 2026, 01:15 PM

Smartlink Holdings' material subsidiary, Digisol Systems Limited, received a Show Cause Notice under Section 73 from Maharashtra GST authorities for the tax period April 2022 to March 2023. The total proposed demand stands at approximately ₹3.36 Cr, comprising a GST demand of ₹1,76,69,173, interest of ₹1,41,33,403, and penalty of ₹17,70,054. The demand pertains primarily to discrepancies in excess ITC availed (₹1.75 Cr) and outward tax differences. The company plans to submit a detailed reply to contest the proposed liabilities.

Subsidiary Digisol Systems served with SCN dated September 28, 2026, received October 05, 2026
Total proposed financial exposure of ₹3.36 Cr (GST ₹1.77 Cr, interest ₹1.41 Cr, penalty ₹0.18 Cr)
Discrepancies include ₹1,74,74,992.52 in excess ITC claimed in GSTR-3B/9 versus GSTR-2B/2A
Tax period under scrutiny covers April 2022 to March 2023 (FY23)

💡 Track the subsidiary's formal reply and any subsequent adjudication order from the GST department to assess whether this turns into a confirmed liability.

Independent Director Pradeep Anant Rane Retires After Completing Two Terms

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 05 Aug 2026, 04:17 PM

Smartlink Holdings Limited has announced the retirement of Mr. Pradeep Anant Rane from its Board of Directors effective August 4, 2026. This retirement is a result of the completion of his second consecutive term as an Independent Director, a standard regulatory limit under the Companies Act. The company, which operates in the Networking/IT products segment with a TTM revenue of ₹269 Cr, noted the cessation of his directorship in a routine filing. No immediate successor was named in this specific announcement.

Mr. Pradeep Anant Rane retired as Independent Director effective August 4, 2026.
The retirement follows the completion of 2 consecutive terms on the Board.
Smartlink Holdings reported a TTM revenue of ₹269 Cr and a PAT of ₹13 Cr for FY26.
The company maintains a high promoter holding of 72.85% as of June 2026.

💡 Investors should monitor future filings for the appointment of a new Independent Director to ensure the board remains compliant with SEBI's composition requirements.

Smartlink Holdings Concludes 33rd AGM; Approves FY26 Financials and Dividend

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Aug 2026, 07:42 PM

Smartlink Holdings Limited conducted its 33rd Annual General Meeting (AGM) on August 01, 2026, to approve the audited financial statements for FY26 and declare a dividend for the year. The company reported a TTM revenue of ₹269.35 Cr and a PAT of ₹13.15 Cr for FY26, reflecting a significant recovery compared to FY25's PAT of ₹6.61 Cr. Key resolutions included the re-appointment of Ms. Arati Kamalaksha Naik as Executive Director and the appointment of new Statutory Auditors. Voting results from the remote e-voting (July 29-31) and the AGM poll will be finalized within 48 hours.

33rd Annual General Meeting held on August 01, 2026, concluding at 11:50 AM IST.
Approval of FY26 Consolidated Financial Statements featuring TTM Revenue of ₹269.35 Cr.
Declaration of dividend for FY 2025-26 proposed as an Ordinary Resolution.
Special Resolution proposed for the re-appointment of Ms. Arati Kamalaksha Naik as Executive Director.
Remote e-voting period was active from July 29, 2026, to July 31, 2026.

💡 Investors should monitor the official dissemination of voting results for the specific dividend amount and payment timelines. The focus remains on whether the company can maintain the FY26 margin recovery in upcoming quarterly results.

Smartlink Holdings Concludes 33rd AGM; Dividend for FY26 and Director Reappointments Proposed

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Aug 2026, 07:16 PM

Smartlink Holdings Limited conducted its 33rd Annual General Meeting (AGM) on August 01, 2026, to approve the audited financial statements for FY26 and declare a dividend for the same period. The company reported a TTM revenue of ₹269 Cr and a PAT of ₹13 Cr, reflecting a recovery from the previous fiscal year. Key resolutions included the reappointment of Ms. Arati Kamalaksha Naik as Executive Director and the appointment of new Statutory Auditors. Voting results from the remote e-voting and poll are expected to be disclosed within 48 hours.

33rd Annual General Meeting held on August 01, 2026, concluding at 11:50 AM IST.
Remote e-voting was conducted between July 29, 2026, and July 31, 2026.
Ordinary resolution proposed for the declaration of dividend for the Financial Year 2025-26.
Special resolution proposed for the re-appointment of Ms. Arati Kamalaksha Naik as Executive Director.
Statutory Auditors' Report contained no qualifications, as confirmed by the Chairman during the proceedings.

💡 Investors should monitor the upcoming disclosure of voting results and the specific dividend payout amount, which will be disseminated to stock exchanges within 48 hours.

Smartlink Q1 PAT Jumps 157% YoY to ₹5.61 Cr; Revenue Grows 76% YoY

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 31 Jul 2026, 06:30 PM

Smartlink Holdings reported a strong year-on-year performance for Q1 FY27, with consolidated revenue rising 76.3% to ₹65.27 Cr from ₹37.02 Cr in Q1 FY26. Net profit surged 157% YoY to ₹5.61 Cr, driven by growth in the Networking/IT products segment under the Digisol brand. However, on a sequential basis, revenue and PAT declined by 34.3% and 18.3% respectively compared to a high-base Q4 FY26. The company maintains a lean balance sheet with a debt-to-equity ratio of 0.01.

Consolidated Revenue from operations grew 76.3% YoY to ₹65.27 Cr in Q1 FY27.
Consolidated Net Profit increased 157% YoY to ₹5.61 Cr compared to ₹2.18 Cr in Q1 FY26.
Earnings Per Share (EPS) for the quarter stood at ₹5.62, up from ₹2.18 in the year-ago period.
Profit Before Tax (PBT) rose 160% YoY to ₹7.44 Cr, indicating improved operational leverage.
Cost of materials consumed and stock-in-trade purchases totaled ₹5.03 Cr, reflecting the hardware-centric business model.

💡 Investors should monitor the sustainability of the YoY growth and whether the company can stabilize sequential volatility. Key focus areas include the performance of the 100% subsidiary Digisol Systems and the management's ability to control operating costs which previously impacted margins.

Smartlink Holdings Schedules 33rd AGM for August 01, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 11 Jul 2026, 05:26 PM

Smartlink Holdings Limited has announced its 33rd Annual General Meeting (AGM) to be held on August 01, 2026. The company is dispatching physical letters to shareholders whose email addresses are not registered, providing them with QR codes and web links to access the FY 2025-26 Annual Report and AGM Notice. This is a procedural filing following the company's TTM revenue of ₹269 Cr and a significant revenue jump to ₹99.35 Cr in the March 2026 quarter. The meeting will address business items outlined in the notice dated June 19, 2026.

33rd Annual General Meeting scheduled for August 01, 2026, at 11:00 a.m. IST
Annual Report and AGM Notice pertain to the Financial Year 2025-26
Notice for the meeting was originally dated June 19, 2026
Letters sent to shareholders without registered emails to provide digital access via QR codes

💡 Investors should access the Annual Report via the provided links to review management's strategy for the Networking/IT Products segment and the sustainability of the 391.88% surge in H1 FY26 Profit Before Tax.

Smartlink Holdings Submits Quarterly Compliance Certificate for June 30, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 09 Jul 2026, 05:20 PM

Smartlink Holdings Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by KFIN Technologies Limited, confirms that securities dematerialized or rematerialized during the quarter ended June 30, 2026, have been appropriately handled and reported to the stock exchanges. This is a standard administrative filing required of all listed companies to verify shareholding records. There is no impact on the company's financial performance or business operations.

Compliance certificate issued for the quarter ended June 30, 2026
Confirmation provided by Registrar and Share Transfer Agent, KFIN Technologies Limited
Filing adheres to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Details of dematerialized/rematerialized securities furnished to NSDL, CDSL, and Stock Exchanges

💡 No action is required as this is a routine procedural filing. Investors should monitor the company's upcoming quarterly financial results for material business updates.

Smartlink to Hold 33rd AGM on August 01, 2026; ₹2 Dividend Proposed

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 07 Jul 2026, 06:12 PM

Smartlink Holdings has scheduled its 33rd Annual General Meeting (AGM) for August 01, 2026, to approve the FY26 financial results and a proposed dividend of ₹2 per share (100% of face value). The agenda includes the appointment of M/s M S K A & Associates LLP as statutory auditors for a five-year term and the re-appointment of Ms. Arati Kamalaksha Naik as Executive Director for five years starting April 2027. Shareholders as of the July 25, 2026 cut-off date are eligible to vote via the e-voting platform provided by Kfin Technologies.

Proposed dividend of ₹2 per equity share of face value ₹2 (100%) for FY26
33rd AGM scheduled for August 01, 2026, at 11:00 AM in Verna, Goa
Cut-off date for determining voting eligibility is July 25, 2026
Proposed appointment of M/s M S K A & Associates LLP as Statutory Auditors for 5 consecutive years
Re-appointment of Ms. Arati Kamalaksha Naik as Executive Director for a 5-year term starting April 01, 2027

💡 Investors should note the cut-off date of July 25, 2026, for dividend eligibility and voting rights, and monitor the voting results post-AGM for confirmation of the dividend and auditor appointments.

Smartlink Holdings Announces Trading Window Closure Starting July 01, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 30 Jun 2026, 03:10 PM

Smartlink Holdings Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting July 01, 2026. This action is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the declaration of the unaudited financial results. Investors should note that the company recently reported a strong March 2026 quarter with revenue of ₹99.35 Cr and PAT of ₹6.87 Cr.

Trading window closure effective from Wednesday, July 01, 2026.
Closure pertains to the financial results for the quarter ending June 30, 2026.
Window to reopen 48 hours after the announcement of unaudited financial results.
Company reported TTM revenue of ₹269 Cr and TTM PAT of ₹13 Cr.
Promoter holding remains stable at 72.85% as of March 2026.

💡 This is a routine administrative filing; investors should watch for the upcoming board meeting date announcement to review the Q1 FY27 financial performance.

Smartlink Holdings Sets July 10, 2026, as Record Date for Dividend and 33rd AGM

🟢 POSITIVE ⭐ 4/10

DIVIDEND 📅 26 Jun 2026, 05:33 PM

Smartlink Holdings Limited has announced its 33rd Annual General Meeting (AGM) will be held on August 01, 2026. The company has fixed July 10, 2026, as the record date for determining shareholder eligibility for the dividend for the financial year ended March 31, 2026. The register of members will be closed from July 11 to July 17, 2026, for this purpose. Dividend payments remain subject to shareholder approval during the upcoming AGM.

33rd Annual General Meeting scheduled for August 01, 2026, in Goa
Record date for dividend entitlement fixed as July 10, 2026
Book closure period set from July 11, 2026, to July 17, 2026
Dividend distribution is subject to approval by shareholders at the AGM

💡 Investors seeking to receive the dividend should ensure they hold the company's shares before the record date of July 10, 2026. Monitor the AGM outcomes for final confirmation of the dividend payout.

Smartlink Holdings Sets July 10, 2026, as Record Date for Dividend and 33rd AGM

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 26 Jun 2026, 05:23 PM

Smartlink Holdings Limited has officially fixed July 10, 2026, as the record date to determine shareholder eligibility for the dividend pertaining to the financial year ended March 31, 2026. The company's 33rd Annual General Meeting (AGM) is scheduled to take place on August 01, 2026, where the dividend proposal will be placed for shareholder approval. Additionally, the Register of Members and Share Transfer Register will remain closed from July 11 to July 17, 2026. Following approval, the dividend will be disbursed to eligible members after accounting for applicable tax deductions at source.

Record date for FY 2025-26 dividend entitlement is July 10, 2026
33rd Annual General Meeting (AGM) scheduled for August 01, 2026
Book closure period set from July 11, 2026, to July 17, 2026
Dividend payment is subject to shareholder approval during the upcoming AGM

💡 Investors seeking to receive the dividend should ensure they hold the company's shares in their demat account before the ex-dividend date. Monitor the AGM outcomes on August 01 for final confirmation of the dividend payout.

Smartlink Holdings Sets July 10 as Record Date for Dividend and Aug 1 for 33rd AGM

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 26 Jun 2026, 05:15 PM

Smartlink Holdings Limited has announced that its 33rd Annual General Meeting (AGM) will be held on August 1, 2026. The company has fixed July 10, 2026, as the record date to determine shareholder eligibility for the dividend for the financial year ended March 31, 2026. The Register of Members and Share Transfer Register will remain closed from July 11 to July 17, 2026. The dividend payment is subject to shareholder approval during the upcoming AGM.

33rd Annual General Meeting scheduled for Saturday, August 1, 2026, at 11:00 A.M. in Goa.
Record date for determining dividend entitlement fixed as Friday, July 10, 2026.
Book closure period for the registers set from July 11, 2026, to July 17, 2026.
Dividend pertains to the financial year ended March 31, 2026, and is subject to tax deduction at source.

💡 Investors seeking to receive the dividend should ensure they hold the company's shares before the record date of July 10, 2026. Existing shareholders should monitor the AGM results for final dividend approval.

Smartlink Holdings Appoints Shaunak Desai as Cost Auditor for FY 2026-27

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 19 Jun 2026, 05:47 PM

Smartlink Holdings Limited has appointed Mr. Shaunak Desai (ACMA 44386) as the Cost Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors in a meeting held on June 19, 2026, following recommendations from the Audit Committee. Mr. Desai is an experienced Cost Accountant with a background in sectors such as electronics, machinery manufacturing, and pharmaceuticals. This appointment ensures the company remains compliant with statutory cost auditing requirements for the upcoming fiscal year.

Appointment of Mr. Shaunak Desai (ACMA 44386) as Cost Auditor for FY 2026-27.
Board meeting conducted on June 19, 2026, between 11:15 and 11:30 hours.
The auditor has specialized experience in electrical, electronics, and mechanical manufacturing sectors.
Compliance fulfilled under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

💡 This is a routine regulatory appointment and does not impact the company's financial health or business strategy. No immediate action is required.

Smartlink Holdings Appoints Shaunak Desai as Cost Auditor for FY 2026-27

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 19 Jun 2026, 05:15 PM

Smartlink Holdings Limited has appointed Mr. Shaunak Desai (ACMA 44386) as the Cost Auditor for the financial year 2026-27. The decision was approved by the Board of Directors during their meeting on June 19, 2026, following recommendations from the Audit Committee. Mr. Desai brings extensive experience in cost records compliance across sectors such as electronics, machinery, and pharmaceuticals. The board meeting was brief, commencing at 11:15 and concluding at 11:30.

Appointment of Mr. Shaunak Desai as Cost Auditor for the financial year 2026-27.
Auditor holds ACMA 44386 and Firm Registration No. 002310.
The Board meeting lasted 15 minutes, from 11:15 to 11:30 on June 19, 2026.
The appointment covers cost record audits for diverse sectors including electricals and electronics.

💡 This is a routine regulatory appointment for compliance purposes; no specific action is required from investors.

Smartlink Holdings Promoters Declare Zero Share Encumbrance for FY 2025-26

🟢 POSITIVE ⭐ 4/10

REGULATORY 📅 18 May 2026, 03:38 PM

Smartlink Holdings Limited has filed a formal disclosure under Regulation 31(4) of the SEBI (SAST) Regulations for the financial year ended March 31, 2026. The promoter, Kamalaksha Rama Naik, confirmed that neither he nor any members of the promoter group have encumbered or pledged any company shares during the period. This annual declaration provides transparency regarding the promoter's equity stake, ensuring that no shares are tied to debt or third-party obligations. Such disclosures are routine but essential for verifying the stability of the company's ownership structure.

Promoter Kamalaksha Rama Naik confirms zero encumbrance on shares for the financial year ended March 31, 2026
The declaration covers the entire promoter group and all persons acting in concert (PAC)
Compliance filing submitted under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Ensures that 100% of the promoter's holding remains free of any pledges or liens

💡 Investors should take this as a positive sign of promoter financial health and stability. No specific action is required as this is a routine annual compliance filing.

View All SMARTLINK Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Consolidated revenue grew 8.25% YoY to INR 21,452.63 lakhs in FY25, primarily driven by the Networking/IT Products segment.

Profitability Margins

Net Profit Margin declined from 8.25% in FY24 to (0.36)% in FY25 due to higher product development, legal, and professional costs. However, H1 FY26 consolidated Profit Before Tax surged 391.88% to INR 557.30 lakhs compared to INR 113.30 lakhs in H1 FY25.

EBITDA Margin

Not explicitly disclosed, but Interest Coverage Ratio fell 93.45% to 0.48 in FY25, indicating a significant squeeze on operating profitability relative to interest obligations.

Capital Expenditure

Consolidated Property, Plant and Equipment (PPE) increased by INR 114.18 lakhs to INR 1,711.85 lakhs as of September 30, 2025, compared to INR 1,597.67 lakhs as of March 31, 2025.

Credit Rating & Borrowing

Debt Equity Ratio improved to 0.00 in FY25 from 0.04 in FY24 following the repayment of borrowings.

⚙️ Operational Drivers

Raw Materials

Networking and IT hardware components (specific names not listed) represent the primary input for the Digisol product line.

Raw Material Costs

COGS increased in FY25 due to higher revenue; however, the Inventory Turnover Ratio improved 125% to 16.81, reflecting better inventory management.

Manufacturing Efficiency

Inventory Turnover Ratio improved from 7.46 to 16.81 (125% increase) in FY25, indicating high efficiency in moving stock.

📈 Strategic Growth

Expected Growth Rate

8.25%

Growth Strategy

Focusing on HR innovations and talent management to drive productivity in the Networking/IT Products segment via the 100% subsidiary Digisol Systems Limited.

Products & Services

Networking/IT Products including routers, switches, and other networking hardware.

Brand Portfolio

Digisol

Strategic Alliances

Digisol Systems Limited is a 100% subsidiary of Smartlink Holdings Limited.

🌍 External Factors

Industry Trends

The Networking/IT Products industry is evolving with a focus on hybrid work cultures and digital transformation, positioning the company's Digisol brand for demand growth.

Competitive Moat

The 'Digisol' brand and the company's established presence in the Networking/IT segment serve as a competitive advantage, though sustainability is challenged by high operating costs.

Macro Economic Sensitivity

The company operates in a VUCA (Volatility, Uncertainty, Complexity, and Ambiguity) world, making it sensitive to rapid shifts in technology and talent markets.