Smiths & Founder

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

As of 03-Aug, Smiths & Founders (India) Ltd's stock price has risen to Rs. 15.39, reflecting a 4.98% increase, driven by strong performance metrics, consistent upward trends, and heightened investor interest, despite some long-term fundamental concerns.

As of 03-Aug, Smiths & Founders (India) Ltd is experiencing a rise in its stock price, currently at Rs. 15.39, which reflects an increase of 0.73 (4.98%). This upward movement can be attributed to several key factors. <BR><BR>Firstly, the stock has shown remarkable performance over various time periods, with a staggering 206.57% increase year-to-date and a 186.59% rise over the past year, significantly outperforming the benchmark Sensex, which has declined by 7.72% during the same period. Additionally, the stock has achieved a new 52-week high today, indicating strong market interest and confidence.<BR><BR>The stock has also been on a consistent upward trend, gaining for the last 18 days and accumulating a total return of 68.57% during this period. This sustained performance is further supported by the fact that it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish trend.<BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume rising by 58.44% compared to the 5-day average, indicating heightened interest from investors. The liquidity of the stock is also favorable, allowing for trades of significant size.<BR><BR>While there are some concerns regarding the company's long-term fundamental strength, such as a weak CAGR growth in operating profits and a low return on equity, these factors appear to be overshadowed by the stock's strong market performance and investor sentiment in the short term. Overall, the combination of impressive returns, consistent gains, and increased trading activity contributes to the rising stock price of Smiths & Founders (India) Ltd.

Which are the latest news on Smiths & Founder?

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?

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.

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