Smartlink Holdings Limited announced on May 13, 2026, that its Board of Directors has recommended a final dividend of ₹2 per equity share for FY2025-26, with the record date fixed at July 10, 2026. The announcement was made through a filing on the NSE at 14:14 IST, coinciding with the stock hitting its 52-week high of ₹178.18 on the same day.

Dividend Details and Yield

The declared dividend of ₹2 per share on equity shares with a face value of ₹2 each represents a payout of 100%. At the current market price of ₹178.18, this translates to a dividend yield of approximately 1.12%. Shareholders on record as of July 10, 2026, will be eligible to receive the payout, subject to shareholder approval at the annual general meeting.

Historical Dividend Trend

The ₹2 per share dividend maintains a pattern that has been largely consistent over more than a decade. A review of the company's dividend history reveals the following:

The data shows no dividend announcement was recorded between FY2016-17 and FY2025-26, a gap of nearly nine years. The resumption of dividend payout in FY2025-26 at the same ₹2 per share level marks a notable development for long-term holders of the stock. The exception in the historical record remains FY2010-11, when the company, then operating as Smartlink Network Systems, declared a one-time special interim dividend of ₹30 per share in addition to the regular ₹2 payout.

Market Performance and Valuation Context

The stock closed at ₹178.18 on May 13, 2026, registering a sharp single-day gain of ₹29.69 or approximately 20%, and simultaneously touching its 52-week high. This compares against a 52-week low of ₹103.50 recorded on March 30, 2026, indicating a price recovery of over 72% from the recent trough within a span of approximately six weeks.

The stock's current price-to-earnings ratio stands at 14.65, which is identical to the sector PE of 14.65, suggesting the stock is trading in line with its peer group on an earnings basis and carries no significant valuation premium or discount relative to the broader sector at present levels.

Trading and Delivery Data

On the announcement date, the counter recorded a volume of 11,719 shares with a notably high delivery percentage of 84.78%. A delivery ratio at this level indicates that the large majority of trades resulted in actual share transfers rather than intraday squaring off, pointing to genuine accumulation interest on the day of the corporate action announcement. The company's market capitalisation stands at ₹177.73 Cr, placing it in the small-cap segment. Daily volatility is reported at 2.73%.

Company Background

Smartlink Holdings Limited, listed on NSE under the symbol SMARTLINK with ISIN INE178C01020, was formerly known as Smartlink Network Systems Limited and prior to that as D-Link (India) Limited. The company underwent a change in name and business profile over the years, transitioning from an active networking hardware business to its current holding company structure.

Investors tracking the July 10, 2026, record date should note that shares must be purchased at least one trading day before this date under the T+1 settlement framework currently applicable on Indian exchanges to qualify for the dividend.