Smiths & Founder

Why is Smiths & Founders (India) Ltd falling/rising?

As of 12-Jun, the stock price of Smiths & Founders (India) Ltd is rising, currently at Rs 7.89, reflecting a 4.92% increase. The stock has significantly outperformed the Sensex over various time frames, showing strong bullish momentum despite a recent drop in investor participation.

As of 12-Jun, the stock price of Smiths & Founders (India) Ltd is rising, currently at Rs 7.89, reflecting a change of 0.37 or 4.92% increase. This upward movement can be attributed to several factors. Over the past week, the stock has shown a remarkable increase of 26.44%, significantly outperforming the Sensex, which only rose by 1.73% during the same period. Additionally, the stock has gained 65.76% over the past month, again surpassing the Sensex's 1.30% increase.<BR><BR>Year-to-date, the stock has risen by 57.17%, contrasting sharply with the Sensex, which has declined by 11.37%. This trend continues over a one-year period, where the stock has increased by 33.28% while the Sensex has decreased by 7.55%. The three-year and five-year performance is also impressive, with the stock rising by 120.39% and 952.00%, respectively, compared to the Sensex's 20.41% and 43.93% increases.<BR><BR>Today, the stock is close to its 52-week high, just 0.25% away from Rs 7.91, and has outperformed its sector by 3.8%. The stock has been on a consecutive gain streak for the last two days, with a total return of 10.04% in this period. Furthermore, it is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating strong bullish momentum.<BR><BR>However, it is worth noting that there has been a significant drop in investor participation, with delivery volume on June 11 falling by 80.96% compared to the 5-day average. Despite this decline in participation, the stock remains liquid enough for trading, which may contribute to its rising price. Overall, the combination of strong performance metrics and positive price movements supports the current rise in the stock price of Smiths & Founders (India) Ltd.

Which are the latest news on Smiths & Founder?

What does Smiths & Founder do?

Smiths & Founders (India) Ltd is a micro-cap company in the castings and forgings industry, established in 1982, with recent quarterly net sales of 4 Cr and net profit of 1 Cr as of March 2026. The company has a market cap of INR 78 Cr and key financial metrics include a P/E ratio of 109.00 and a return on equity of 3.15%.

Overview:<BR>Smiths & Founders (India) Ltd operates in the castings and forgings industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally established in 1982 and underwent several name changes, becoming 'Shimoga Forge Limited' in 1990, 'Shimoga Technologies Limited' in 2002, and finally 'Smiths & Founders (India) Limited' on March 27, 2014. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 4 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 78 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 109.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.06 <BR>Return on Equity: 3.15% <BR>Price to Book: 3.61 <BR><BR>Contact Details:<BR>Address: No 505 5th Floor Brigade Rubix, No 20 HMT Main Road Bangalore Karnataka : 560013 <BR>Tel: 91-80-64503851/52 <BR>Email: mail@shimogatechnologies.com <BR>Website: http://www.smithsandfoundersindia.com

How big is Smiths & Founder?

As of 10th June, Smiths & Founders (India) Ltd has a market capitalization of 78.00 Cr, classified as a Micro Cap, with recent net sales of 13.99 Cr and net profit of 1.35 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Smiths & Founders (India) Ltd has a market capitalization of 78.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 13.99 Cr, while the sum of Net Profit for the same period is 1.35 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 19.88 Cr, and Total Assets are valued at 22.30 Cr.

Who are in the management team of Smiths & Founder?

The management team of Smiths & Founder includes Suresh Shastry (Chairman & Managing Director), V Parthasarathy, Sudhindra N Kalghatgi, and Ramesh (Independent Directors), Shailaja Suresh (Non-Executive Director), and Roopashree B Shettigar (Company Secretary & Compliance Officer).

The management team of Smiths & Founder includes the following individuals:<BR><BR>1. **Suresh Shastry** - Chairman & Managing Director<BR>2. **V Parthasarathy** - Independent Director<BR>3. **Sudhindra N Kalghatgi** - Independent Director<BR>4. **Shailaja Suresh** - Non Executive Director<BR>5. **Roopashree B Shettigar** - Company Secretary & Compliance Officer<BR>6. **Ramesh** - Independent Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the Smiths & Founder?

Peers of Smiths & Founder include Super Iron, Hilton Met.Forg., Creative Casting, Swastika Castal, Sharp Chucks, Paramount Specia, Forge Auto, and Deem Roll-Tech. Smiths & Founder has a 1-year return of 26.60%, lower than Super Iron's 30.43% and higher than Hilton Met.Forg.'s -65.93%.

Peers: The peers of Smiths & Founder are Super Iron, Hilton Met.Forg., Creative Casting, Swastika Castal, Sharp Chucks and, Paramount Specia, Forge Auto, and Deem Roll-Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Swastika Castal and Forge Auto, while Average management risk is found at Creative Casting, Sharp Chucks and, and Deem Roll-Tech, and the rest. Below Average management risk is noted at Super Iron, Hilton Met.Forg., Smiths & Founder, and Paramount Specia. Growth is Excellent at Super Iron, Good at Swastika Castal and Forge Auto, Average at Hilton Met.Forg. and Creative Casting, and Below Average at Smiths & Founder, Sharp Chucks and, and Paramount Specia, and the rest. Capital Structure is Good at Creative Casting, Average at Smiths & Founder, Paramount Specia, and Forge Auto, and Below Average at Super Iron, Hilton Met.Forg., Sharp Chucks and, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Super Iron at 30.43%, while the lowest is Hilton Met.Forg. at -65.93%. Smiths & Founder has a 1-year return of 26.60%, which is higher than Hilton Met.Forg. but lower than Super Iron. Additionally, peers with negative six-month returns include Hilton Met.Forg., Swastika Castal, and Creative Casting.

Should I buy, sell or hold Smiths & Founders (India) Ltd?

Are Smiths & Founders (India) Ltd latest results good or bad?

Smiths & Founders (India) Ltd's latest results show a significant net profit increase of 158.33%, but operational challenges are evident with a negative operating margin of -0.28% due to rising employee costs. Overall, while profits appear positive, concerns about cost management and sustainability remain.

The latest results for Smiths & Founders (India) Ltd present a mixed picture. On one hand, the company reported a significant increase in net profit, which rose by 158.33% quarter-on-quarter to ₹0.62 crores. Additionally, revenue showed growth, up 4.12% from the previous quarter and 8.92% year-on-year, indicating some resilience in demand.<BR><BR>However, there are serious concerns regarding operational performance. The operating margin turned negative at -0.28%, marking the first quarterly operating loss in recent periods. This decline was primarily driven by a dramatic 57.83% increase in employee costs, which consumed a substantial portion of revenues. The company's ability to manage costs effectively is now in question, as the spike in personnel expenses outpaced revenue growth significantly.<BR><BR>Overall, while the net profit figures may seem positive, the underlying operational challenges and negative margins suggest that the results are not entirely favorable. Investors should be cautious, as the combination of rising costs and declining operational efficiency raises concerns about the company's sustainability moving forward.

When is the next results date for Smiths & Founders (India) Ltd?

The next results date for Smiths & Founders (India) Ltd is 25 May 2026.

The next results date for Smiths & Founders (India) Ltd is scheduled for 25 May 2026.

Is Smiths & Founder overvalued or undervalued?

As of November 4, 2025, Smiths & Founder is considered overvalued with a valuation grade of expensive, reflected by a PE ratio of 43.12 and an EV to EBITDA of 24.99, especially when compared to peers like Bharat Forge and CIE Automotive, and it has underperformed the Sensex with a 26.66% decline over the past year.

As of 4 November 2025, the valuation grade for Smiths & Founder has moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 43.12, while the EV to EBITDA ratio is 24.99, and the PEG ratio is 2.36, indicating a high valuation relative to its earnings growth potential.<BR><BR>In comparison to its peers, Bharat Forge has a PE ratio of 61.77 and an EV to EBITDA of 25.67, while CIE Automotive, which is rated attractive, has a significantly lower PE ratio of 20.5 and an EV to EBITDA of 12.17. This suggests that Smiths & Founder is trading at a premium compared to some of its peers, which reinforces the conclusion of being overvalued. Additionally, the company's stock has underperformed against the Sensex, particularly over the year, where it has declined by 26.66% compared to a 5.94% gain in the index.

How has been the historical performance of Smiths & Founder?

Smiths & Founder has shown growth in net sales and profitability from Mar'23 to Mar'25, with net sales increasing from 10.46 Cr to 13.22 Cr and profit after tax rising from 0.24 Cr to 1.05 Cr. However, total assets slightly declined, and total debt significantly decreased, indicating improved financial health amidst fluctuations.

Answer:<BR>The historical performance of Smiths & Founder shows a mixed trend over the years, with notable fluctuations in revenue and profitability.<BR><BR>Breakdown:<BR>Smiths & Founder has experienced growth in net sales, increasing from 10.46 Cr in Mar'23 to 13.22 Cr in Mar'25. However, total operating income followed a similar upward trajectory, reaching 13.22 Cr in Mar'25, up from 10.46 Cr in Mar'23. The total expenditure also rose, from 9.68 Cr in Mar'23 to 11.50 Cr in Mar'25, impacting operating profit, which saw an increase to 1.79 Cr in Mar'25 from 0.79 Cr in Mar'23. Profit before tax improved significantly from 0.24 Cr in Mar'23 to 1.42 Cr in Mar'25, while profit after tax also rose to 1.05 Cr in Mar'25 from 0.24 Cr in Mar'23. The company's total assets were stable, recorded at 22.30 Cr in Mar'25, slightly down from 22.94 Cr in Mar'24. Notably, total debt decreased from 2.91 Cr in Mar'23 to 0.41 Cr in Mar'25, indicating improved financial health. Overall, while Smiths & Founder has shown growth in sales and profitability, its asset base and total liabilities have seen fluctuations, reflecting a complex financial landscape.

Who are the top shareholders of the Smiths & Founder?

The top shareholders of Smiths & Founder are Suresh Shastry with 28.64%, Supriya Shastry with 18.27%, and individual investors holding 10.83%. There are no institutional or mutual fund holdings.

The top shareholders of Smiths & Founder include Suresh Shastry, who holds the largest share at 28.64%. Following him is Supriya Shastry, with an 18.27% stake. Additionally, individual investors collectively hold 10.83% of the company's shares. There are no institutional holdings or mutual funds involved in the shareholding structure.

What is the technical trend for Smiths & Founder?

As of May 30, 2025, Smiths & Founder is in a moderately bearish trend, indicated by a bearish MACD and moving averages, with the current price at 5.88, down from 5.92.

As of 30 May 2025, the technical trend for Smiths & Founder has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly chart and bearish moving averages on the daily chart. The Bollinger Bands also reflect a mildly bearish trend on both weekly and monthly time frames. The KST shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, indicating some mixed signals. Overall, the bearish trend is supported by the recent price action, with the current price at 5.88, down from the previous close of 5.92.

Has Smiths & Founder declared dividend?

No Dividend History Available