Smiths & Founder

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

As of 09-Jun, Smiths & Founders (India) Ltd's stock price has risen to Rs. 7.54, reflecting a 9.91% increase, driven by strong performance metrics, a new 52-week high, consistent gains over nine days, and increased investor participation. The stock has outperformed the benchmark Sensex significantly over various time periods.

As of 09-Jun, Smiths & Founders (India) Ltd is experiencing a significant rise in its stock price, currently at Rs. 7.54, which reflects an increase of 0.68 or 9.91%. 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 46.12% increase over the past week and a 48.43% increase over the past month, significantly outperforming the benchmark Sensex, which has declined by 0.98% and 4.41% respectively during the same periods. Year-to-date, the stock has risen by 50.20%, while the Sensex has fallen by 13.26%. <BR><BR>Additionally, today marks a new 52-week high for the stock, indicating strong investor confidence. The stock has been on a consecutive gain streak for the last nine days, accumulating a total return of 63.91% during this period. This consistent upward trend is further supported by the fact that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong bullish momentum.<BR><BR>Investor participation has also increased, with a delivery volume of 1.6 lacs on June 8, which is a 117.35% rise compared to the 5-day average delivery volume. This indicates heightened interest and confidence among investors, contributing to the stock's rising price.<BR><BR>Overall, the combination of strong performance metrics, a new high, consistent gains, and increased investor participation are the primary reasons for the rise in Smiths & Founders (India) Ltd's stock price.

Which are the latest news on Smiths & Founder?

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.

How big is Smiths & Founder?

As of 24th July, Smiths & Founders (India) Ltd has a market capitalization of 53.00 Cr, with recent net sales of 13.21 Cr and a net profit of 1.41 Cr. Shareholder's funds are 18.94 Cr and total assets amount to 22.94 Cr.

As of 24th July, Smiths & Founders (India) Ltd has a market capitalization of 53.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 13.21 Cr and a Net Profit of 1.41 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 18.94 Cr and Total Assets of 22.94 Cr.

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.

What does Smiths & Founder do?

Smiths & Founders (India) Ltd is a micro-cap company in the castings and forgings industry, originally established in 1982 and rebranded in 2014. As of March 2025, it reported net sales of 3 Cr and a market cap of Rs 60 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 October 1990, then 'Shimoga Technologies Limited' on January 3, 2002. It was rebranded to 'Smiths & Founders (India) Limited' on March 27, 2014, following a merger process. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 60 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 42.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.02<BR>- Return on Equity: 7.09%<BR>- Price to Book: 2.96<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 in the management team of Smiths & Founder?

As of March 2023, the management team of Smiths & Founder includes V Parthasarathy, Sudhindra N Kalghatgi, Shailaja Suresh, Suresh Shastry (Chairman & Managing Director), Roopashree B Shettigar (Company Secretary & Compliance Officer), and Ramesh, all serving in various governance roles.

As of March 2023, the management team of Smiths & Founder includes the following individuals:<BR><BR>1. V Parthasarathy - Independent Director<BR>2. Sudhindra N Kalghatgi - Independent Director<BR>3. Shailaja Suresh - Non Executive Director<BR>4. Suresh Shastry - Chairman & Managing Director<BR>5. Roopashree B Shettigar - Company Secretary & Compliance Officer<BR>6. Ramesh - Independent Director<BR><BR>These members play various roles within the company's governance structure.

Has Smiths & Founder declared dividend?

No Dividend History Available

Who are the peers of the Smiths & Founder?

Peers of Smiths & Founder include AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Nelcast, Synergy Green, and Ganga Forging. Smiths & Founder has below-average management risk and growth, with a 1-year return of 13.37%.

Peers: The peers of Smiths & Founder are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Ganga Forging.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering, while Average management risk is found at Happy Forgings, Balu Forge, Steelcast, Amic Forging, Nelcast, Synergy Green, and Inv.& Prec.Cast., and the rest. Below Average management risk is noted for Smiths & Founder and Ganga Forging. Growth is Excellent at Balu Forge, Good at Amic Forging, and Average at Happy Forgings, Steelcast, Synergy Green, and Inv.& Prec.Cast., and the rest, while Below Average growth is seen at AIA Engineering, Nelcast, Smiths & Founder, and Ganga Forging. Capital Structure is Excellent at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, and Amic Forging, Good at Amic Forging, and Below Average at Nelcast, Synergy Green, Inv.& Prec.Cast., Smiths & Founder, Ganga Forging.<BR><BR>Return Snapshot: Balu Forge has the highest 1-year return at 155.27%, while Happy Forgings has the lowest at -15.08%. Smiths & Founder’s 1-year return of 13.37% is higher than that of Happy Forgings but lower than Balu Forge. Additionally, Smiths & Founder, Ganga Forging, and Happy Forgings have negative six-month returns.