Smarten Power Systems Ltd
SMARTEN NSE
Smarten Power Systems Ltd
Capital GoodsNSE: SMARTEN Other Electrical Equipment
Key Fundamentals
SMEOther Electrical EquipmentCapital GoodsMarket Cap
₹101 Cr
Volatility
Moderate
P/E Ratio
12
EBITDA
₹11.97 Cr
Return on Equity
33.14%
Debt to Equity
0.06
Book Value
₹44.02
52W High
₹108
52W Low
₹42
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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29 extracted metrics + investor summaries across FY21–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
4- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 30.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.0%
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 56.3 days to 83.3 days
Growth Rate
Revenue Growth
19.42% ↗
Net Income Growth
-30.23% ↗
Cash Flow Change
-1668.75% ↘
ROE
-24.37% ↗
ROCE
-29.30% ↗
EBITDA Margin (Avg.)
-45.80% ↗
Quarterly Results
| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 108 | 94 | 115 | 127 |
| Expenses | 101 | 84 | 108 | 122 |
| Operating Profit | 7 | 9 | 7 | 5 |
| OPM % | 7% | 10% | 6% | 4% |
| Other Income | 1 | 1 | 1 | 0 |
| Interest | 0 | 1 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 1 |
| PBT | 8 | 9 | 7 | 4 |
| Tax % | 24% | 27% | 21% | 32% |
| Net Profit | 6 | 7 | 6 | 3 |
| EPS in Rs | 59.9 | 4.52 | 3.09 | 1.54 |
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 96 | 160 | 176 | 192 | 201 | 243 |
| Expenses | 95 | 158 | 174 | 178 | 184 | 231 |
| Operating Profit | 2 | 2 | 2 | 14 | 17 | 12 |
| OPM % | 1.6% | 1% | 1.1% | 7% | 8% | 4.9% |
| Other Income | 2 | 5 | 6 | 4 | 1 | 2 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
| PBT | 3 | 6 | 7 | 16 | 17 | 12 |
| Tax % | 25% | 28% | 29% | 30% | 26% | 25% |
| Net Profit | 2 | 4 | 5 | 11 | 13 | 9 |
| EPS in Rs | 96.47 | 166 | 51.6 | 113 | 8.51 | 4.63 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.24 | 0.24 | 1 | 1 | 15 | 19 |
| Reserves | 4 | 8 | 13 | 25 | 24 | 65 |
| Borrowings | 2 | 2 | 4 | 7 | 17 | 5 |
| Other Liabilities | 34 | 51 | 57 | 47 | 42 | 50 |
| Total Liabilities | 40 | 62 | 76 | 79 | 97 | 139 |
| Fixed Assets | 1 | 5 | 5 | 5 | 5 | 20 |
| CWIP | 0 | 0 | 0 | 1 | 5 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 39 | 57 | 71 | 74 | 88 | 112 |
| Total Assets | 40 | 62 | 76 | 79 | 97 | 139 |
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Operating | 2 | 3 | -3 | 0 | -3 | -8 |
| Investing | -2 | -2 | 0 | -2 | -6 | -17 |
| Financing | 1 | 1 | 2 | 2 | 9 | 24 |
| Net Cash Flow | 1 | 1 | -1 | 1 | 1 | -1 |
| Free Cash Flow | 1 | -1 | -3 | -1 | -6 | -27 |
| CFO/OP | 167 | 249 | -26 | 37 | 11 | -43 |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 49 | 62 | 67 | 81 | 70 | 78 |
| Inventory Days | 66 | 55 | 77 | 56 | 81 | 74 |
| Days Payable | 127 | 116 | 111 | 77 | 64 | 76 |
| Cash Conversion Cycle | -12 | 2 | 33 | 60 | 86 | 76 |
| Working Capital Days | 0 | 5 | 18 | 36 | 49 | 83 |
| ROCE % | — | 68% | 51% | 65% | 41% | 18% |
Documents
1
Monitoring Agency Report
11 Aug - Q1 FY27 monitoring report shows 1.02 crore IPO proceeds unutilized; capex utilization delayed three months. 11 Aug - Q1 FY27 monitoring report shows 1.02 crore IPO proceeds unutilized; capex utilization delayed three months.
2
Updates
7 Aug - Board approved incorporation of wholly owned subsidiary in China, Hangzhou Smarten Electric Power Technology Co., Ltd. 7 Aug - Board approved incorporation of wholly owned subsidiary in China, Hangzhou Smarten Electric Power Technology Co., Ltd.
3
Updates
21 Jul - Q1 FY27 update: sold 1.18 lakh units, added 32 distributors, opened Gurugram warehouse, hit 6,600-unit battery production. 21 Jul - Q1 FY27 update: sold 1.18 lakh units, added 32 distributors, opened Gurugram warehouse, hit 6,600-unit battery production.
4
Press Release
16 Jul - Board approved Ranjit Singh as COO, effective 1 August 2026. 16 Jul - Board approved Ranjit Singh as COO, effective 1 August 2026.
5
Outcome of Board Meeting
14 Jul - Board appointed COO from Aug 1, 2026; named auditors; AGM on Sept 24, 2026. 14 Jul - Board appointed COO from Aug 1, 2026; named auditors; AGM on Sept 24, 2026.
Frequently Asked Questions about Smarten Power Systems Ltd
What does Smarten Power Systems Ltd do?
Incorporated in 2014, Smarten Power Systems Limited is in the business of designing and assembling of power back-up and advanced solar power products, and trading of solar panels and batteries[1]
Where is Smarten Power Systems Ltd (SMARTEN) listed?
Smarten Power Systems Ltd is listed on the Indian stock exchanges. It is listed on NSE: SMARTEN. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Smarten Power Systems Ltd belong to?
Smarten Power Systems Ltd operates in the Capital Goods sector within the Other Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Smarten Power Systems Ltd?
Smarten Power Systems Ltd has a market capitalisation of approximately ₹100.80 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Smarten Power Systems Ltd?
The Price-to-Earnings (PE) ratio of Smarten Power Systems Ltd is 12.00. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Smarten Power Systems Ltd?
Over the past 52 weeks, Smarten Power Systems Ltd has traded between a low of ₹42 and a high of ₹108. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Smarten Power Systems Ltd?
Smarten Power Systems Ltd has a Return on Equity (ROE) of 33.14%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Smarten Power Systems Ltd on Tapetide?
On Tapetide, you can view Smarten Power Systems Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2014, Smarten Power Systems Limited is in the business of designing and assembling of power back-up and advanced solar power products, and trading of solar panels and batteries[1]