Smartlink‍‌‍‍‌‍‌‍‍‌ Holdings Q2FY26 Net Profit Soars 178% YoY; Shares Up More than 12%

Mumbai, November 6, 2025: Smartlink Holdings Limited (NSE: SMARTLINK, BSE: 532419) has revealed impressive results for the quarter ending September 30, 2025 (Q2FY26). Consolidated net profit soared 178% year on year to ₹186.33 lakh, driven by strong growth in the networking and IT hardware business. Consolidated revenue from operations also rose 27.1% year on year to ₹7,026.87 lakh, supported by the performance of its subsidiary, Digisol Systems Limited. The strong results buoyed investor confidence, pushing Smartlink’s share price up more than 12%.

Founded in 1993 and headquartered in Goa, Smartlink Holdings Limited is a manufacturer and distributor of networking and IT hardware products under the Digisol brand. A prominent player in the Indian computer hardware and equipment industry, the company is committed to innovation and green-growth-led networking solutions, reinforcing its position in the rapidly evolving IT hardware market.

Strong Revenue and Profit Growth

During Q2FY26, Smartlink Holdings Limited recorded a total income of ₹7,257.01 lakh, marking a 23.7% increase from ₹5,868.83 lakh in the same period last year. Profit before tax more than doubled to ₹285.92 lakh, up from ₹130.92 lakh a year ago. The company’s earnings per share (EPS) rose sharply from ₹0.67 to ₹2.18, reflecting strong operational performance.

For the first six months of FY26, Smartlink’s turnover reached ₹11,290.03 lakh, while net profit soared to ₹403.84 lakh, a remarkable reversal compared with the corresponding period last year, when it stood at just ₹22.62 lakh.

Subsidiary and Segment Performance

The growth of the parent company was mainly fueled by its 100% owned subsidiary, Digisol Systems Limited. It achieved ₹6,327.58 lakh revenue and ₹268.43 lakh PAT during the quarter. Digisol’s results were indicative of steady demand in the networking hardware segment and cost-efficient operations.

On a standalone basis, Smartlink Holdings reported a loss of ₹38.6 lakh in Q2FY26, compared with a profit of ₹0.82 lakh in the same period last year. The decline was attributed to higher input costs and lower other income, although standalone revenue still increased from ₹2,674.52 lakh to ₹2,852.98 lakh, showing resilience in core operations.

Financial Position

By the end of Q3FY25, Smartlink Holdings’ consolidated balance sheet showed a total asset value of ₹26,415.50 lakh and total equity of ₹20,020.75 lakh. Borrowings remained minimal at ₹47.29 lakh, reflecting the company’s continued focus on a debt-light strategy. This approach, combined with a strong liquidity position, underscores Smartlink’s financial stability while supporting its growth ambitions.

Management Commentary

Commenting on the results, Mr. K. R. Naik, Executive Chairman, said that strengthening the Digisol brand, reducing cost per unit, and maintaining high utilization of plant and logistics space remain key priorities for the company. These measures are aimed at sustaining Smartlink’s growth trajectory in the booming Indian networking and IT hardware market.

Stock Market Snapshot

By 2:58 pm IST on November 6, 2025, Smartlink’s shares were trading at ₹149.99, up 12.04%. The company’s market capitalization stood at ₹141.05 crore, with a 52-week range of ₹119.50 to ₹240.90 and a price-to-earnings (P/E) ratio of 14.48x.

REF: https://nsearchives.nseindia.com/corporate/SMARTLINK_06112025124112_Smartlink_Outcome_of_Board_Meeting_06112025.pdf

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