SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

Smarten Power Systems Ltd (SMARTEN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SMARTEN Electric Equipment | Small Cap | Smarten Power System Share Price

BSE Share Price
Not Listed

Smarten Power Systems Ltd (SMARTEN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SMARTEN Electric Equipment | Small Cap | Smarten Power System Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹87 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹4.4
TTM Sales
₹229 Cr.
Book Value per Share
₹21.3
P/E Ratio
10.46
Lower than its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
2.13
Lower than its 5-year historical median
Price to Sales (P/S)
0.38
Lower than its 5-year historical median
EV/EBITDA
7.77
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
38.27%
Outperforms industry median
Return on Capital Employed (ROCE)
39.31%
Outperforms industry median
Return on Assets (ROA)
13.84%
Operating Profit Margin
8.8%
Net Profit Margin
6.54%
Gross Profit Margin
9.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
0.33%
Operating Profit Growth (1 Year)
-
17.8%
Net Profit Growth (1 Year)
-
9.41%
Asset Quality
Promoter Holding
67.10%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹22 Cr.
Equity
₹19 Cr.
Face Value
₹10
All Time Low / High
- / -

Smarten Power Systems stock performance

Key Ratios
mw4me loader

Check Before You Invest

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Smarten Power Systems Ltd a good quality company?
Smarten Power Systems Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does Smarten Power Systems Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Smarten Power Systems Ltd vs industry peers?
Smarten Power Systems Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 24.05%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Smarten Power Systems Ltd?
Promoters hold 67.10% of the Smarten Power Systems Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Smarten Power Systems Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
View More

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Smarten Power Systems Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'23Mar'24Mar'25TTM
ROCE % ⓘ38.6%63.7%39.3%-
Value Creation
Index ⓘ		1.83.61.8-

Growth Parameters ⓘ
Sales ⓘ170179180229
Sales YoY Gr.-5.2%0.3%-
Adj EPS ⓘ2.877.84.4
YoY Gr.-148.8%10.9%-
BVPS (₹) ⓘ9.416.524.421.3
Adj Net
Profit ⓘ		4.210.511.68
Cash Flow from Ops. ⓘ-2.80.2-2.5-
Debt/CF from Ops. ⓘ-1.545.4-6.6-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA0.3%
Adj EPS ⓘNANANA10.9%
BVPSⓘNANANA47.3%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		29.953.937.919
Op. Profit
Mgn % ⓘ		1.47.58.8NAN
Net Profit
Mgn % ⓘ		2.55.96.53.6
Debt to
Equity ⓘ		0.30.30.5-
Working Cap
Days ⓘ		01391520
Cash Conv.
Cycle ⓘ		039710

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Sales170.03178.94179.53
Operating Expenses ⓘ + 167.62165.46163.65
Manufacturing Costs4.683.543.48
Material Costs135.78135.28136.32
Employee Cost 11.0311.4713.90
Other Costs ⓘ 16.1315.189.95
Operating Profit ⓘ 2.4013.4815.88
Operating Profit Margin (%) 1.4%7.5%8.8%
Other Income ⓘ + 5.022.751.16
Exceptional Items ⓘ 000
Interest ⓘ 0.380.570.79
Depreciation ⓘ 0.390.390.41
Profit Before Tax ⓘ 6.6515.2615.84
Tax ⓘ 1.904.534.10
Profit After Tax 4.7510.7311.74
PAT Margin (%) 2.8%6.0%6.5%
Adjusted EPS (₹)3.27.27.8
Dividend Payout Ratio (%)0%0%0%

Valuation of Smarten Power System - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 14.0824.8136.55
Share Capital ⓘ 1115
Reserves ⓘ 13.0823.8121.55
Debt +4.056.4515.91
Long Term Debt0.080.681.94
Short Term Debt3.975.7713.97
Minority Interest000
Trade Payables42.8630.4226.11
Others Liabilities ⓘ 12.9914.6614.79
Total Liabilities ⓘ 73.9976.3593.36

Fixed Assets

Net Fixed Assets ⓘ +4.624.834.55
Gross Block6.256.856.98
Accumulated Depreciation1.622.022.42
CWIP ⓘ 0.120.884.58
Investments ⓘ 0.010.010.01
Inventories29.9922.4433.08
Trade Receivables32.1641.1535.27
Cash Equivalents 1.642.273.09
Others Assets ⓘ 5.444.7712.78
Total Assets ⓘ 73.9976.3593.36

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + -2.760.15-2.50
PBT ⓘ 6.6515.2615.84
Adjustment ⓘ 0.760.961.19
Changes in Working Capital ⓘ -8.27-11.54-15.43
Tax Paid ⓘ -1.90-4.53-4.10
Cash Flow From Investing Activity ⓘ + -0.35-1.50-5.80
Capex -0.35-1.36-3.83
Net Investments 000
Others ⓘ 0-0.14-1.97
Cash Flow From Financing Activity ⓘ + 2.101.989.13
Net Proceeds from Shares ⓘ 0.7600
Net Proceeds from Borrowing ⓘ -0.690.601.26
Interest Paid ⓘ -0.37-0.57-0.79
Dividend Paid ⓘ 000
Others ⓘ 2.401.948.65
Net Cash Flow ⓘ -1.010.620.83

Financial Ratio

PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)33.7355.1738.27
ROCE (%)38.6463.7239.31
Asset Turnover Ratio2.32.382.12
PAT to CFO Conversion(x)-0.580.01-0.21
Working Capital Days
Receivable Days6974.8077.70
Inventory Days64.4053.5056.40
Payable Days115.2098.9075.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Smarten Power Systems Ltd FAQs

The current trading price of Smarten Power System on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Smarten Power System stood at ₹86.55 Cr

The latest P/E ratio of Smarten Power System as of 31-Dec-1969 is 10.46.

The latest P/B ratio of Smarten Power System as of 31-Dec-1969 is 2.13.

The 52-week high of Smarten Power System is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Smarten Power System is ₹229 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Smarten Power Systems Ltd is a below average quality company.

The key valuation ratios of Smarten Power Systems Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Smarten Power Systems Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Smarten Power Systems Ltd

Smarten Power Systems Limited was incorporated as ‘Smarten Power Systems Private Limited’ as a Private Limited Company pursuant to a certificate of incorporation dated July 30, 2014 issued by the Registrar of Companies, Haryana. Further, the company was converted into a public limited company pursuant to a resolution passed by its Board of Directors in its meeting held on October 24, 2024, and by the Shareholders in an extraordinary general meeting held on October 25, 2024 and consequently the name of the company was changed to ‘Smarten Power Systems Limited’ and a fresh certificate of incorporation dated November 20, 2024 was issued by the Registrar of Companies, Central Processing Centre.

The company is engaged into designing and assembling of power back-up and advanced solar power products such as home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. It also exports its products except solar panels outside India. 

With a mission to propel society towards a sustainable energy future, the company is committed to leveraging cutting-edge technology and innovative designs to provide affordable, efficient, and environmentally friendly energy solutions. The company's slogan is, ‘Fusion is the Future’ reflects its vision of harnessing the power of renewable energy sources, especially solar power, to meet the growing energy demands of households and industries alike. The company aims to contribute significantly to the global shift towards renewable energy, particularly in developing regions where energy access is critical for economic development. As part of this vision, the company is committed to expanding its presence beyond India into global markets, focusing on Asia, Africa, and the Middle East.

Business area of the company

The company is engaged in the business of manufacturing and marketing of various range of products Home UPS/ Inverter/ Solar Power Conditioning Unit / Solar Charge Controller / Solar Inverter/ Solar Panels/ Batteries / Off-Grid Solution / Grid Tie Inverter and Customized Solar Solutions.

Products of the company

  • Home UPS systems
  • Solar inverters / Solar PCUs
  • Solar charge controllers
  • Solar panels

Awards and recognition

  • 2023: A Certificate of Recognition has been issued by the Directorate General of Foreign Trade, granting the company the status of a Two-Star Export House based on the provisions of the Foreign Trade Policy 2023 valid till March 31, 2028.
  • 2025: ESC National Export Excellence Award 2025 for outstanding export performance during the year 2023-2024.

History and milestones

  • 2014: Introduced the first product line: Home UPS Systems.
  • 2015: Expansion of its sales operation in Maharashtra and West Bengal.
  • 2016: Expanded into international markets, starting with exports to Nepal Launch of the Solar Charge Controller and Solar Inverters/Solar Power Conditioning Units Inauguration of 1st full-fledged assembling facility at its Registered Office.
  • 2017: Established in-house R&D team.
  • 2018: Expanded product range with Solar Panels.
  • 2020: Commissioning of 2nd assembling facility at Gurgaon, Haryana.
  • 2021: Expansion of its sales operations in Gujarat, Jammu & Kashmir and Telangana
  • 2021: Incorporation of fully owned subsidiary “Smart Store International Private Limited” for online presence
  • 2023: Built partnerships with over 327 distributors including 42 international distributors
  • 2024: Entered into an asset purchase agreement with Su-Urja Solar Systems Private Limited for the manufacturing of lead-acid battery 
  • 2024: Expansion of its sales operations in Bihar.

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×