Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹215, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 57x in the Communications industry in India. Total returns to shareholders of 26% over the past three years. Anuncio • Jul 16
Smartlink Holdings Limited to Report Q1, 2027 Results on Jul 31, 2026 Smartlink Holdings Limited announced that they will report Q1, 2027 results on Jul 31, 2026 Reported Earnings • Jul 09
Full year 2026 earnings released: EPS: ₹13.18 (vs ₹6.62 in FY 2025) Full year 2026 results: EPS: ₹13.18 (up from ₹6.62 in FY 2025). Revenue: ₹2.69b (up 26% from FY 2025). Net income: ₹131.5m (up 99% from FY 2025). Profit margin: 4.9% (up from 3.1% in FY 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 03
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 10 July 2026. Payment date: 31 August 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.3%). Anuncio • Jun 29
Smartlink Holdings Limited, Annual General Meeting, Aug 01, 2026 Smartlink Holdings Limited, Annual General Meeting, Aug 01, 2026, at 11:00 Indian Standard Time. Location: l-7, verna industrial estate, verna, salcete, goa, 403722, India New Risk • Jun 11
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (₹1.63b market cap, or US$17.0m). Reported Earnings • May 19
Full year 2026 earnings released: EPS: ₹13.18 (vs ₹6.62 in FY 2025) Full year 2026 results: EPS: ₹13.18 (up from ₹6.62 in FY 2025). Revenue: ₹2.80b (up 25% from FY 2025). Net income: ₹131.5m (up 99% from FY 2025). Profit margin: 4.7% (up from 2.9% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Anuncio • May 14
Smartlink Holdings Limited announces Annual dividend Smartlink Holdings Limited announced Annual dividend of INR 2.0000 per share, ex-date on July 10, 2026 and record date on July 10, 2026. New Risk • May 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (₹1.78b market cap, or US$18.6m). Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹178, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 64x in the Communications industry in India. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹147, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 55x in the Communications industry in India. Total loss to shareholders of 3.7% over the past three years. Anuncio • Apr 18
Smartlink Holdings Limited to Report Q4, 2026 Results on May 13, 2026 Smartlink Holdings Limited announced that they will report Q4, 2026 results on May 13, 2026 Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: ₹2.24 (vs ₹2.55 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.24 (down from ₹2.55 in 3Q 2025). Revenue: ₹657.9m (up 22% from 3Q 2025). Net income: ₹22.4m (down 12% from 3Q 2025). Profit margin: 3.4% (down from 4.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Anuncio • Jan 21
Smartlink Holdings Limited to Report Q3, 2026 Results on Feb 06, 2026 Smartlink Holdings Limited announced that they will report Q3, 2026 results on Feb 06, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: ₹1.87 (vs ₹0.68 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.87 (up from ₹0.68 in 2Q 2025). Revenue: ₹725.7m (up 24% from 2Q 2025). Net income: ₹18.6m (up 178% from 2Q 2025). Profit margin: 2.6% (up from 1.1% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Anuncio • Oct 16
Smartlink Holdings Limited to Report Q2, 2026 Results on Nov 06, 2025 Smartlink Holdings Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Anuncio • Aug 02
Smartlink Holdings Limited to Report Q1, 2026 Results on Aug 12, 2025 Smartlink Holdings Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Jul 20
Full year 2025 earnings released: EPS: ₹6.62 (vs ₹7.08 in FY 2024) Full year 2025 results: EPS: ₹6.62 (down from ₹7.08 in FY 2024). Revenue: ₹2.24b (up 7.7% from FY 2024). Net income: ₹66.1m (down 6.4% from FY 2024). Profit margin: 2.9% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Anuncio • Jul 16
Smartlink Holdings Limited, Annual General Meeting, Aug 13, 2025 Smartlink Holdings Limited, Annual General Meeting, Aug 13, 2025, at 11:00 Indian Standard Time. Location: l-7, verna industrial estate, verna, salcete, goa, 403722, India Reported Earnings • May 11
Full year 2025 earnings released: EPS: ₹6.62 (vs ₹7.08 in FY 2024) Full year 2025 results: EPS: ₹6.62 (down from ₹7.08 in FY 2024). Revenue: ₹2.26b (up 8.2% from FY 2024). Net income: ₹66.1m (down 6.4% from FY 2024). Profit margin: 2.9% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Anuncio • May 02
Smartlink Holdings Limited to Report Q4, 2025 Results on May 09, 2025 Smartlink Holdings Limited announced that they will report Q4, 2025 results on May 09, 2025 Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹143, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 29x in the Communications industry in India. Total returns to shareholders of 15% over the past three years. Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹2.55 (vs ₹1.22 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹2.55 (up from ₹1.22 loss in 3Q 2024). Revenue: ₹564.2m (up 40% from 3Q 2024). Net income: ₹25.4m (up ₹37.6m from 3Q 2024). Profit margin: 4.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹219, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 37x in the Communications industry in India. Total returns to shareholders of 109% over the past three years. Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: ₹0.68 (vs ₹0.83 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.68 (down from ₹0.83 in 2Q 2024). Revenue: ₹586.9m (up 13% from 2Q 2024). Net income: ₹6.70m (down 19% from 2Q 2024). Profit margin: 1.1% (down from 1.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Anuncio • Oct 26
Smartlink Holdings Limited to Report Q2, 2025 Results on Nov 07, 2024 Smartlink Holdings Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹308, the stock trades at a trailing P/E ratio of 39.1x. Average trailing P/E is 37x in the Communications industry in India. Total returns to shareholders of 169% over the past three years. Anuncio • Sep 11
Smartlink Holdings Limited Announces Completion of Tenure of Bhanubhai Ramjibhai Patel as Independent Director Smartlink Holdings Limited announced that Mr. Bhanubhai Ramjibhai Patel (DIN 00223115) has completed his second term as Independent Director of the Company on September 08, 2024 and consequently ceased to be Director of the Company. The Board of Directors and the Management of the Company expressed deep appreciation and gratitude to Mr. Bhanubhai Patel for his invaluable contribution made during his tenure on the Board of Directors of the Company. Reported Earnings • Aug 11
First quarter 2025 earnings released: ₹0.45 loss per share (vs ₹1.24 loss in 1Q 2024) First quarter 2025 results: ₹0.45 loss per share (improved from ₹1.24 loss in 1Q 2024). Revenue: ₹428.3m (up 12% from 1Q 2024). Net loss: ₹4.44m (loss narrowed 64% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Jul 26
Smartlink Holdings Limited to Report Q1, 2025 Results on Aug 10, 2024 Smartlink Holdings Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Aug 10, 2024 Anuncio • Jul 18
Smartlink Holdings Limited, Annual General Meeting, Aug 10, 2024 Smartlink Holdings Limited, Annual General Meeting, Aug 10, 2024, at 11:00 Indian Standard Time. Location: l-7, verna industrial, estate, verna, salcete, goa, 403722, India Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹324, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 47x in the Communications industry in India. Total returns to shareholders of 155% over the past three years. New Risk • May 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.06% net profit margin). Market cap is less than US$100m (₹2.89b market cap, or US$34.8m). Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹309, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 44x in the Communications industry in India. Total returns to shareholders of 239% over the past three years. Reported Earnings • May 10
Full year 2024 earnings released: EPS: ₹7.08 (vs ₹19.29 in FY 2023) Full year 2024 results: EPS: ₹7.08 (down from ₹19.29 in FY 2023). Revenue: ₹2.10b (up 29% from FY 2023). Net income: ₹70.6m (down 63% from FY 2023). Profit margin: 3.4% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 19
Now 20% overvalued Over the last 90 days, the stock has fallen 5.6% to ₹173. The fair value is estimated to be ₹144, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Earnings per share has grown by 32%. Buy Or Sell Opportunity • Apr 01
Now 20% overvalued Over the last 90 days, the stock has fallen 3.8% to ₹174. The fair value is estimated to be ₹145, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Earnings per share has grown by 32%. Recent Insider Transactions • Mar 19
Executive Chairman recently bought ₹6.2m worth of stock On the 15th of March, Kamalaksha Naik bought around 38k shares on-market at roughly ₹165 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kamalaksha has been a buyer over the last 12 months, purchasing a net total of ₹26m worth in shares. Buy Or Sell Opportunity • Mar 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.6% to ₹171. The fair value is estimated to be ₹142, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Earnings per share has grown by 32%. Buy Or Sell Opportunity • Feb 14
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at ₹173. The fair value is estimated to be ₹142, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Earnings per share has grown by 32%. Reported Earnings • Feb 10
Third quarter 2024 earnings released: ₹1.22 loss per share (vs ₹17.55 profit in 3Q 2023) Third quarter 2024 results: ₹1.22 loss per share (down from ₹17.55 profit in 3Q 2023). Revenue: ₹404.2m (up 7.3% from 3Q 2023). Net loss: ₹12.1m (down 107% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 14
Second quarter 2024 earnings released: EPS: ₹0.83 (vs ₹0.02 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹0.83 (up from ₹0.02 loss in 2Q 2023). Revenue: ₹518.2m (up 11% from 2Q 2023). Net income: ₹8.26m (up ₹8.48m from 2Q 2023). Profit margin: 1.6% (up from 0% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 29
Executive Chairman recently bought ₹3.2m worth of stock On the 27th of September, Kamalaksha Naik bought around 18k shares on-market at roughly ₹178 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kamalaksha has been a buyer over the last 12 months, purchasing a net total of ₹22m worth in shares. Anuncio • Sep 09
Smartlink Holdings Limited Announces Executive Changes Smartlink Holdings Limited informed that Board of Directors of the Company approved and noted that Ms. Urjita Damle, Company Secretary and Compliance Officer of the Company will proceed on maternity leave with effect from September 11, 2023 and until she resumes office, Mr. K. G. Prabhu, Qualified Company Secretary having ICSI membership number A13115 will assume the role of Compliance Officer of the Company and will take care of all the compliances applicable to the Company in her absence. Mr. K.G. Prabhu is a qualified Company Secretary (ICSI Membership number A13115) and Cost and Management Accountant. Currently working as Chief Financial Officer of the Company, Mr. K.G. Prabhu focuses on leading and aligning the finance function to be in lock-step with the needs of the business. Reported Earnings • Jul 27
Full year 2023 earnings released: EPS: ₹19.29 (vs ₹9.90 in FY 2022) Full year 2023 results: EPS: ₹19.29 (up from ₹9.90 in FY 2022). Revenue: ₹1.63b (up 105% from FY 2022). Net income: ₹192.4m (up 85% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹19.29 (vs ₹9.90 in FY 2022) Full year 2023 results: EPS: ₹19.29 (up from ₹9.90 in FY 2022). Revenue: ₹1.64b (up 106% from FY 2022). Net income: ₹192.4m (up 85% from FY 2022). Profit margin: 12% (down from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Anuncio • May 19
Smartlink Holdings Limited to Report Q4, 2023 Results on May 17, 2023 Smartlink Holdings Limited announced that they will report Q4, 2023 results on May 17, 2023 Recent Insider Transactions • Mar 31
Executive Chairman recently bought ₹8.1m worth of stock On the 29th of March, Kamalaksha Naik bought around 55k shares on-market at roughly ₹147 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kamalaksha has been a buyer over the last 12 months, purchasing a net total of ₹18m worth in shares. Recent Insider Transactions • Mar 18
Executive Chairman recently bought ₹1.5m worth of stock On the 16th of March, Kamalaksha Naik bought around 10k shares on-market at roughly ₹144 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹4.9m. Kamalaksha has been a buyer over the last 12 months, purchasing a net total of ₹8.6m worth in shares. Recent Insider Transactions • Mar 03
Executive Chairman recently bought ₹2.3m worth of stock On the 1st of March, Kamalaksha Naik bought around 16k shares on-market at roughly ₹138 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Kamalaksha's only on-market trade for the last 12 months. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹17.55 (vs ₹1.67 in 3Q 2022) Third quarter 2023 results: EPS: ₹17.55 (up from ₹1.67 in 3Q 2022). Revenue: ₹386.9m (up 118% from 3Q 2022). Net income: ₹175.0m (up ₹158.4m from 3Q 2022). Profit margin: 45% (up from 9.3% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Anuncio • Jan 26
Smartlink Holdings Limited to Report Q3, 2023 Results on Feb 09, 2023 Smartlink Holdings Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. COO & Executive Director Arati Naik was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 05
Second quarter 2023 earnings released: ₹0.02 loss per share (vs ₹2.56 profit in 2Q 2022) Second quarter 2023 results: ₹0.02 loss per share (down from ₹2.56 profit in 2Q 2022). Revenue: ₹468.8m (up 157% from 2Q 2022). Net loss: ₹217.0k (down 101% from profit in 2Q 2022). Profit margin: 0% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improved over the past week After last week's 23% share price gain to ₹161, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 24x in the Communications industry in India. Total returns to shareholders of 82% over the past three years. Anuncio • Oct 22
Smartlink Holdings Limited to Report Q2, 2023 Results on Nov 03, 2022 Smartlink Holdings Limited announced that they will report Q2, 2023 results on Nov 03, 2022 Anuncio • Aug 29
Smartlink Holdings Limited, Annual General Meeting, Sep 23, 2022 Smartlink Holdings Limited, Annual General Meeting, Sep 23, 2022, at 11:00 Indian Standard Time. Location: L-7,Verna Industrial Estate, Verna, Salcete Goa India Agenda: To receive, consider, approve and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the year ended March 31, 2022, together with the Report of the Board of Directors and Auditors thereon; to appoint a Director in place of Ms. Arati Naik who retires by rotation and being eligible, offers herself for re-appointment and to appointment of statutory auditors. Reported Earnings • Aug 05
First quarter 2023 earnings released: EPS: ₹0.03 (vs ₹0.24 in 1Q 2022) First quarter 2023 results: EPS: ₹0.03 (down from ₹0.24 in 1Q 2022). Revenue: ₹292.6m (up 86% from 1Q 2022). Net income: ₹318.0k (down 89% from 1Q 2022). Profit margin: 0.1% (down from 1.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Anuncio • Jul 26
Smartlink Holdings Limited to Report Q1, 2023 Results on Aug 04, 2022 Smartlink Holdings Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Buying Opportunity • Jul 14
Now 20% undervalued Over the last 90 days, the stock is up 7.6%. The fair value is estimated to be ₹178, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 16% share price gain to ₹135, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 25x in the Communications industry in India. Total returns to shareholders of 54% over the past three years. Reported Earnings • May 16
Full year 2022 earnings released: EPS: ₹9.90 (vs ₹7.80 in FY 2021) Full year 2022 results: EPS: ₹9.90 (up from ₹7.80 in FY 2021). Revenue: ₹804.3m (up 14% from FY 2021). Net income: ₹103.9m (flat on FY 2021). Profit margin: 13% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. COO & Executive Director Arati Naik was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹133, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 28x in the Communications industry in India. Total returns to shareholders of 54% over the past three years. Reported Earnings • Feb 11
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.67 (down from ₹2.44 in 3Q 2021). Revenue: ₹179.7m (down 17% from 3Q 2021). Net income: ₹16.6m (down 49% from 3Q 2021). Profit margin: 9.2% (down from 15% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improved over the past week After last week's 30% share price gain to ₹143, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 24x in the Communications industry in India. Total returns to shareholders of 68% over the past three years. Reported Earnings • Nov 07
Second quarter 2022 earnings released: EPS ₹2.56 (vs ₹1.52 in 2Q 2021) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: ₹184.4m (down 4.3% from 2Q 2021). Net income: ₹28.0m (up 38% from 2Q 2021). Profit margin: 15% (up from 11% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 19% share price gain to ₹123, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 27x in the Communications industry in India. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 15% share price gain to ₹127, the stock trades at a trailing P/E ratio of 61.6x. Average trailing P/E is 40x in the Communications industry in India. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 27% share price gain to ₹122, the stock trades at a trailing P/E ratio of 59.1x. Average trailing P/E is 42x in the Communications industry in India. Total returns to shareholders of 27% over the past three years. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹2.44 (vs ₹2.88 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹220.4m (up 21% from 3Q 2020). Net income: ₹32.4m (up ₹78.7m from 3Q 2020). Profit margin: 15% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 02
New 90-day high: ₹87.75 The company is up 22% from its price of ₹71.80 on 03 September 2020. The Indian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 2.0% over the same period. Anuncio • Nov 18
Smartlink Holdings Limited, Annual General Meeting, Dec 11, 2020 Smartlink Holdings Limited, Annual General Meeting, Dec 11, 2020, at 11:00 Indian Standard Time. Location: the registered office of the Company at L-7 Verna Industrial Estate, Verna Salcete Goa India Agenda: To receive, consider approve and adopt the audited standalone and consolidated financial statements of the company for the year ended 31st March, 2020, together with the report of the board of directors and auditors thereon; to re-appointment of directors; and to consider and if thought fit, to pass special resolution for sharing/distribution of profit not exceeding 1% amongst the non-executive director. Reported Earnings • Nov 04
Second quarter 2021 earnings released: EPS ₹1.52 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹195.3m (down 13% from 2Q 2020). Net income: ₹20.2m (up ₹57.2m from 2Q 2020). Profit margin: 10% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.