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Smiths & Founders (India) Ltd
SMITHSFOUNDERSINDIALTD NSE
Smiths & Founders (India) Ltd
Industrial ProductsNSE: SMITHSFOUNDERSINDIALTD BSE: SMFIL Castings & Forgings
Key Fundamentals
MicrocapCastings & ForgingsIndustrial ProductsMarket Cap
₹129 Cr
Volatility
High Risk
P/E Ratio
92.9
EBITDA
₹1.20 Cr
Return on Equity
6.4%
Debt to Equity
0
Book Value
₹0.6
EPS
₹0.07
52W High
₹12.08
52W Low
₹3.8
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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50 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company has reduced debt.
- Company is almost debt free.
Weaknesses
6- Stock is trading at 5.78 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.65% over past five years.
- Promoter holding is low: 28.7%
- Company has a low return on equity of 3.28% over last 3 years.
- Earnings include an other income of Rs.1.00 Cr.
Growth Rate
Revenue Growth
5.26% ↗
Net Income Growth
40.00% ↗
Cash Flow Change
-5.88% ↘
ROE
21.67% ↗
ROCE
13.91% ↗
EBITDA Margin (Avg.)
-36.69% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.24 | 2.36 | 2.94 | 3.13 | 3.11 | 3.63 | 3.22 | 3.25 | 3.23 | 3.82 | 3.4 | 3.54 | 3.22 |
| Expenses | 2.95 | 2.2 | 2.73 | 2.75 | 2.72 | 3.19 | 2.77 | 2.8 | 2.87 | 3.41 | 3.01 | 3.55 | 2.86 |
| Operating Profit | 0.29 | 0.16 | 0.21 | 0.38 | 0.39 | 0.44 | 0.45 | 0.45 | 0.36 | 0.41 | 0.39 | -0.01 | 0.36 |
| OPM % | 8.95% | 6.78% | 7.14% | 12.14% | 12.54% | 12.12% | 13.98% | 13.85% | 11.15% | 10.73% | 11.47% | -0.28% | 11.18% |
| Other Income | 0.01 | 0.05 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0 | 0.02 | 0 | 0 | 0.95 | 0.05 |
| Interest | 0.06 | 0.06 | 0.07 | 0.07 | 0.05 | 0.04 | 0.03 | 0.01 | 0 | 0 | 0 | 0.02 | 0 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.06 |
| PBT | 0.18 | 0.09 | 0.1 | 0.27 | 0.31 | 0.36 | 0.38 | 0.38 | 0.32 | 0.34 | 0.32 | 0.85 | 0.35 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 18.75% | 35.29% | 28.12% | 27.06% | 25.71% |
| Net Profit | 0.18 | 0.08 | 0.1 | 0.27 | 0.31 | 0.36 | 0.37 | 0.37 | 0.26 | 0.23 | 0.24 | 0.62 | 0.26 |
| EPS in Rs | 0.02 | 0.01 | 0.01 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.06 | 0.03 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.54 | 7.82 | 7.53 | 8.83 | 10.16 | 8.08 | 8.82 | 11.03 | 10.46 | 11.66 | 13.22 | 13.98 | 13.98 |
| Expenses | 7.15 | 8.73 | 8.01 | 8.4 | 10.67 | 8.45 | 7.9 | 9.26 | 9.66 | 10.63 | 11.49 | 12.75 | 12.83 |
| Operating Profit | -0.61 | -0.91 | -0.48 | 0.43 | -0.51 | -0.37 | 0.92 | 1.77 | 0.8 | 1.03 | 1.73 | 1.23 | 1.15 |
| OPM % | -9.33% | -11.64% | -6.37% | 4.87% | -5.02% | -4.58% | 10.43% | 16.05% | 7.65% | 8.83% | 13.09% | 8.8% | 8.23% |
| Other Income | 0.09 | 0.86 | 0.68 | 0.01 | 0.04 | 0.03 | 0.44 | 0.27 | 0.01 | 0.11 | 0.07 | 0.9 | 1 |
| Interest | 0.89 | 0.98 | 0.19 | 0.26 | 0.29 | 0.4 | 0.43 | 0.35 | 0.32 | 0.26 | 0.13 | 0.02 | 0.02 |
| Depreciation | 0.39 | 0.35 | 0.24 | 0.26 | 0.29 | 0.32 | 0.25 | 0.24 | 0.24 | 0.24 | 0.25 | 0.26 | 0.27 |
| PBT | -1.8 | -1.38 | -0.23 | -0.08 | -1.05 | -1.06 | 0.68 | 1.45 | 0.25 | 0.64 | 1.42 | 1.85 | 1.86 |
| Tax % | 0% | 10.14% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 26.06% | 25.95% | — |
| Net Profit | -1.81 | -1.52 | -0.23 | -0.08 | -1.05 | -1.06 | 0.68 | 1.45 | 0.24 | 0.63 | 1.05 | 1.36 | 1.35 |
| EPS in Rs | -0.18 | -0.15 | -0.02 | -0.01 | -0.1 | -0.1 | 0.07 | 0.14 | 0.02 | 0.06 | 0.1 | 0.13 | 0.13 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 |
| Reserves | 2.6 | -4.39 | -5.04 | -5.12 | -6.23 | -7.28 | -6.65 | -5.29 | 8.07 | 8.74 | 9.68 | 11.1 |
| Borrowings | 7.97 | 1.86 | 2.26 | 2.2 | 3.87 | 4.74 | 4.75 | 2.82 | 2.91 | 2.25 | 0.41 | 0 |
| Other Liabilities | 1.53 | 2.28 | 1.13 | 2 | 1.56 | 1.56 | 1.42 | 1.35 | 1.64 | 1.75 | 2.01 | 2.12 |
| Total Liabilities | 22.3 | 9.95 | 8.55 | 9.28 | 9.4 | 9.22 | 9.72 | 9.08 | 22.82 | 22.94 | 22.3 | 23.42 |
| Fixed Assets | 19.36 | 7.29 | 5.85 | 5.87 | 6.28 | 6.17 | 5.81 | 5.67 | 18.76 | 18.85 | 18.85 | 18.7 |
| CWIP | 0 | 0.05 | 0 | 0.03 | 0.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.94 | 2.61 | 2.7 | 3.38 | 3.06 | 3.05 | 3.91 | 3.41 | 4.06 | 4.09 | 3.45 | 4.72 |
| Total Assets | 22.3 | 9.95 | 8.55 | 9.28 | 9.4 | 9.22 | 9.72 | 9.08 | 22.82 | 22.94 | 22.3 | 23.42 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.98 | 0.31 | -1.8 | -0.18 | -0.27 | -0.4 | -0.04 | 2.28 | 0.38 | 1.17 | 2.04 | 1.92 |
| Investing | 0.05 | 7.05 | 1.64 | -0.34 | -0.75 | -0.16 | 0.47 | 0.08 | -0.21 | -0.27 | -0.24 | -0.14 |
| Financing | 0.89 | -7.08 | 0.22 | -0.3 | -0.41 | 0.6 | -0.33 | -0.51 | -0.22 | -0.92 | -1.79 | -0.43 |
| Net Cash Flow | -0.03 | 0.28 | 0.05 | -0.81 | -1.43 | 0.03 | 0.1 | 1.85 | -0.05 | -0.02 | 0.01 | 1.35 |
| Free Cash Flow | -0.96 | 7.35 | -0.33 | -0.49 | -1 | -0.55 | 0.4 | 2.35 | 0.16 | 0.86 | 1.78 | 1.74 |
| CFO/OP | 161 | -42 | 360 | -42 | 53 | 108 | -4 | 129 | 48 | 114 | 127 | 169 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59.72 | 45.74 | 55.26 | 40.92 | 33.77 | 44.72 | 67.45 | 21.18 | 40.48 | 56.35 | 46.38 | 47 |
| Inventory Days | 173 | 93.15 | 118 | 232 | 129 | 183 | 203 | 217 | 214 | 136 | 84.9 | 70.59 |
| Days Payable | 101 | 131 | 31.29 | 93.62 | 13.26 | 21.73 | 11.95 | 10.11 | 13.24 | 6.23 | 3.1 | 4.22 |
| Cash Conversion Cycle | 132 | 7.72 | 142 | 180 | 150 | 206 | 259 | 228 | 241 | 186 | 128 | 113 |
| Working Capital Days | -294 | -39.67 | -0.48 | 34.31 | -27.66 | -3.16 | 38.9 | 77.77 | 77.47 | 79.51 | 60.47 | 59.53 |
| ROCE % | -5.34% | -8.65% | -9.15% | 2.45% | -10.19% | -8.52% | 13.91% | 22.33% | 3.94% | 4.06% | 7.47% | 4.86% |
Documents
1
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
27 Apr - Company confirmed it is not a Large Corporate as on March 31, 2026. 27 Apr - Company confirmed it is not a Large Corporate as on March 31, 2026.
2
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
13h - Company confirmed it is not a Large Corporate as on March 31, 2026. 13h - Company confirmed it is not a Large Corporate as on March 31, 2026.
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
11 Apr - Company confirmed it is not a large corporate for FY2026, so Annexure A disclosure is not applicable. 11 Apr - Company confirmed it is not a large corporate for FY2026, so Annexure A disclosure is not applicable.
4
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026. 9 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026.
4
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 24 Jul 2026
General_Announcements
Frequently Asked Questions about Smiths & Founders (India) Ltd
What does Smiths & Founders (India) Ltd do?
Incorporated in 1990, Smiths & Founders Ltd
is engaged in the business of ferrous forgings.[1]
Where is Smiths & Founders (India) Ltd (513418) listed?
Smiths & Founders (India) Ltd is listed on the Indian stock exchanges. It is listed on NSE: SMITHSFOUNDERSINDIALTD and BSE: SMFIL. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Smiths & Founders (India) Ltd belong to?
Smiths & Founders (India) Ltd operates in the Industrial Products sector within the Castings & Forgings industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Smiths & Founders (India) Ltd?
Smiths & Founders (India) Ltd has a market capitalisation of approximately ₹129.32 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Smiths & Founders (India) Ltd?
The Price-to-Earnings (PE) ratio of Smiths & Founders (India) Ltd is 92.90. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Smiths & Founders (India) Ltd?
Over the past 52 weeks, Smiths & Founders (India) Ltd has traded between a low of ₹3.8 and a high of ₹12.08. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Smiths & Founders (India) Ltd?
Smiths & Founders (India) Ltd has a Return on Equity (ROE) of 6.40%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Smiths & Founders (India) Ltd on Tapetide?
On Tapetide, you can view Smiths & Founders (India) Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1990, Smiths & Founders Ltd is engaged in the business of ferrous forgings.[1]
Website smithsandfoundersindia.com
Face Value ₹ 1