Smiths & Founder

Which are the latest news on Smiths & Founder?

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

As of 05-Sep, Smiths & Founders (India) Ltd's stock price has risen to 11.62, marking a 1.93% increase after a trend reversal. Despite this short-term gain, the stock has shown negative performance over the past week and month, and its long-term fundamentals remain weak, suggesting the rise may be driven by temporary market dynamics rather than solid improvements.

As of 05-Sep, Smiths & Founders (India) Ltd is experiencing a rise in its stock price, currently at 11.62, with a change of 0.22 (1.93%) upward. This increase follows a trend reversal after six consecutive days of decline, indicating a potential shift in market sentiment. The stock has outperformed its sector by 3.27% today, which may reflect renewed investor interest.<BR><BR>Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 158.62% compared to the 5-day average, suggesting that more investors are willing to buy the stock. Despite the recent price increase, the stock has shown a negative performance over the past week and month, with declines of 5.14% and 21.54%, respectively. However, it has demonstrated strong long-term performance, with a year-to-date return of 131.47% and a one-year return of 110.89%, significantly outperforming the Sensex.<BR><BR>While the stock's current rise is notable, it is important to consider the underlying factors that may affect its long-term stability. The company has shown weak long-term fundamental strength, with a -3.62% CAGR growth in operating profits over the last five years and a low return on equity of 8.89%. Furthermore, the stock is trading at a premium compared to its peers, which could indicate overvaluation despite its recent gains. Overall, the current rise in stock price appears to be driven by short-term market dynamics rather than strong fundamental improvements.

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 need more details about their roles or the company, feel free to ask!

What does Smiths & Founder do?

Smiths & Founders (India) Ltd is a micro-cap company in the castings and forgings industry, established in 1982 and rebranded in 2014. As of June 2026, it reported net sales of 3 Cr and a net profit of 0 Cr, with a market cap of INR 125 Cr.

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 most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 3 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 125 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 182.00 <BR>Industry P/E: 50 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.06 <BR>Return on Equity: 3.15% <BR>Price to Book: 5.87 <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

Who are the peers of the Smiths & Founder?

Peers of Smiths & Founder include Nitin Castings, Krishanveer Forg, Gujarat Intrux, Samrat Forgings, Swastika Castal, Hilton Met.Forg., Forge Auto, and Sharp Chucks. Smiths & Founder has a 1-year return of 118.76%, outperforming its peers, with Swastika Castal leading at 54.89% and Hilton Met.Forg. at -55.89%.

Peers: The peers of Smiths & Founder are Nitin Castings, Krishanveer Forg, Gujarat Intrux, Samrat Forgings, Swastika Castal, Hilton Met.Forg., Forge Auto, and Sharp Chucks.<BR><BR>Quality Snapshot: Excellent management risk is observed at Gujarat Intrux and Krishanveer Forg, while Average management risk is found at Nitin Castings, Samrat Forgings, and Sharp Chucks and the rest. Good management risk is noted at Swastika Castal and Forge Auto, while Below Average management risk is seen at Smiths & Founder and Hilton Met.Forg. Growth is Good at Swastika Castal and Average at Gujarat Intrux and the rest, while Below Average growth is noted at Nitin Castings, Krishanveer Forg, Smiths & Founder, Samrat Forgings, Hilton Met.Forg., and Forge Auto. Capital Structure is Excellent at Nitin Castings, Krishanveer Forg, and Gujarat Intrux, Average at Smiths & Founder and Forge Auto, and Below Average at Samrat Forgings and Hilton Met.Forg. <BR><BR>Return Snapshot: The peer with the highest 1-year return is Swastika Castal at 54.89%, while the lowest is Hilton Met.Forg. at -55.89%. Smiths & Founder has a 1-year return of 118.76%, which is significantly higher than both. Additionally, Hilton Met.Forg. and Sharp Chucks have negative six-month returns.

How big is Smiths & Founder?

As of 31st August, Smiths & Founders (India) Ltd has a market capitalization of 125.00 Cr, with recent net sales of 13.98 Cr and a net profit of 1.35 Cr. Shareholder's funds are 21.30 Cr and total assets are valued at 23.42 Cr.

As of 31st August, Smiths & Founders (India) Ltd has a market capitalization of 125.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 13.98 Cr and a Net Profit of 1.35 Cr.<BR><BR>For the reporting period of March 2026, Shareholder's Funds amounted to 21.30 Cr, while Total Assets were valued at 23.42 Cr.

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

Smiths & Founders (India) Ltd's latest results are concerning, showing a flat net profit of ₹0.26 crores year-on-year but a significant 58.06% decline from the previous quarter, alongside a slight revenue drop. While operating margins improved, the overall financial performance suggests challenges in profitability and market conditions, with high valuation metrics indicating potential overvaluation.

Smiths & Founders (India) Ltd's latest results present a mixed picture. In Q1 FY27, the company reported a net profit of ₹0.26 crores, which is flat compared to the same quarter last year but represents a significant decline of 58.06% from the previous quarter. This sharp drop in profit indicates challenges in maintaining profitability on a sequential basis.<BR><BR>On the revenue front, the company generated ₹3.22 crores, reflecting a slight year-on-year decline of 0.31% and a more pronounced sequential drop of 9.04%. This stagnation in revenue suggests subdued demand conditions in the castings sector, which is concerning.<BR><BR>However, there was a notable improvement in operating margin, which increased to 10.87% from a negative margin of 0.28% in the previous quarter. This recovery indicates better cost management and operational efficiency, although the year-on-year margin has compressed by 59 basis points, which is a point of concern.<BR><BR>Overall, while the company has managed to maintain some level of profitability and improve margins sequentially, the significant decline in net profit and revenue raises red flags about its operational performance and market conditions. The high valuation metrics, such as a P/E ratio of 175x compared to the industry average of 50x, further complicate the outlook, suggesting that the stock may be overvalued relative to its fundamentals. Therefore, the results can be seen as more negative than positive, particularly when considering the broader context of the company's financial health and market conditions.

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

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