Smarten Power Systems (NSE:SMARTEN) Shares Outstanding (Basic Average): 19 Mil (As of Mar. 2026)


NSE:SMARTEN Smarten Power Systems Ltd NSE:SMARTEN
18 GF Score
Price ₹59.40
! 3 Warning Signs
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What is Smarten Power Systems Shares Outstanding (Basic Average)?

Smarten Power Systems NSE:SMARTEN -2.70% 18 Shares Outstanding (Basic Average) is 19 Mil as of Mar. 2026. GuruFocus rates NSE:SMARTEN with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Smarten Power Systems's average basic shares outstanding for the quarter that ended in Mar. 2026 was 19 Mil.


Smarten Power Systems  (NSE:SMARTEN) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Smarten Power Systems Shares Outstanding (Basic Average) Related Terms


Smarten Power Systems Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Smarten Power Systems's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Smarten Power Systems Shares Outstanding (Basic Average) Chart

Smarten Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
19.00 19.00 19.00 19.00 19.01

Smarten Power Systems Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average) 19.00 19.00 19.00 19.00 19.01
NSE:SMARTEN
18GF Score
Smarten Power Systems Ltd NSE:SMARTEN
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Smarten Power Systems Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 19 Mil mean?
Smarten Power Systems (NSE:SMARTEN) has a Shares Outstanding (Basic Average) of 19 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Smarten Power Systems and its competitors.
Is Smarten Power Systems' Shares Outstanding (Basic Average) too high?
Smarten Power Systems' current Shares Outstanding (Basic Average) is 19 Mil. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' Shares Outstanding (Basic Average) compare to FSLR and NXT?
Smarten Power Systems' Shares Outstanding (Basic Average) of 19 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Semiconductors company?
A good Shares Outstanding (Basic Average) depends on the Semiconductors industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Smarten Power Systems and its competitors. Smarten Power Systems's current Shares Outstanding (Basic Average) is 19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current Shares Outstanding (Basic Average) of 19 Mil. The current Shares Outstanding (Basic Average) is 19 Mil. Smarten Power Systems' overall GF Score™ is 18/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Smarten Power Systems (NSE:SMARTEN), the current Shares Outstanding (Basic Average) is 19 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Smarten Power Systems Business Description

Address Sector - 37, 374, 1st Floor Pace City-2, Gurgaon, HR, IND, 122001
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed 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. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF Score

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Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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