Is Smiths & Founders (India) Ltd (513418) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Smiths & Founders (India) Ltd is a average quality company .

Is Smiths & Founders (India) Ltd (513418) undervalued or overvalued?

The key valuation ratios of Smiths & Founders (India) Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Smiths & Founders (India) Ltd (513418) share price return in the past 10 years?

Smiths & Founders (India) Ltd share price has declined -0.2% annually (CAGR) over the past ten years.

Is Smiths & Founders (India) Ltd (513418) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Smiths & Founders (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Smiths & Founders (India) Ltd (513418)?

Company share prices are keep on changing according to the market conditions. The current trading price of Smiths & Founders (India) Ltd (513418) on 20-Apr-2026 16:59:59 at 16:59 is 4.89.

What is the P/E ratio of Smiths & Founders (India)?

The latest standalone P/E ratio of Smiths & Founders (India) as of 20-Apr-2026 is 44.81.

What is the P/B ratio of Smiths & Founders (India) Ltd (513418)?

The latest standalone P/B ratio of Smiths & Founders (India) Ltd (513418) as of 20-Apr-2026 is 9.08.

What is the 52-week high and low of Smiths & Founders (India) Ltd (513418)?

The 52-week high of Smiths & Founders (India) Ltd (513418) is Rs. 7.48 and the 52-week low is Rs. 3.80.

Smiths & Founders (India) Ltd (513418) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Smiths & Founders (India) Ltd (513418)
Brand: Smiths & Founders (India)

Key Metrics

Market Cap

₹50 Cr.

P/E Ratio

44.81

Price to Book (P/B)

9.08

Price to Sales (P/S)

3.71

EV/EBITDA

29.72

Return on Capital Employed (ROCE)

27.52%

Current Price

₹4.9

Return on Equity (ROE)

24.45%

Return on Assets (ROA)

4.63%

Operating Profit Margin

13%

Net Profit Margin

7.92%

Gross Profit Margin

12.6%

Book Value per Share

₹0.5

Sales Growth (YoY)

13.38%

Sales Growth (3 Years)

6.22%

Operating Profit Growth (1 Year)

66.99%

Operating Profit Growth (3 Years)

-0.95%

Net Profit Growth (1 Year)

66.67%

52-Week Low / High

₹4 / 7

Net Profit Growth (3 Years)

-80.67%

Dividend Yield

0.00%

Promoter Holding

28.69%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Smiths & Founders (India) Ltd?

Smiths & Founders (India) Ltd revenue growth is 13.4% for FY-2025 , which is above its 5 year CAGR of 10.4% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of Smiths & Founders (India) Ltd?

Promoters hold 28.69% of the Smiths & Founders (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Smiths & Founders (India) Ltd vs industry peers?

Smiths & Founders (India) Ltd revenue CAGR is 10.35% , compared to the industry median CAGR of 11.56% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Smiths & Founders (India) Ltd belong to?

Smiths & Founders (India) Ltd belongs to the Automobiles sector, operating specifically within the Forgings segment.

Q.1 Stock return of Smiths & Founders (India) Ltd over the last decade?

Over the last 5 year(s), the stock has delivered a CAGR of 44.33% based on the current price.

DeciZen - make an informed investing decision on Smiths & Founders

Based on:

Data

M-Cap below 100cr DeciZen not available

Smiths & Founders (India) stock performance

Key Ratios

Is Smiths & Founders (India) Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-4.4%	-0.6%	2.4%	-11.7%	-11.9%	18.9%	30.2%	9.6%	14.7%	27.5%	-
Value Creation Index ⓘ	-1.3	-1.0	-0.8	-1.8	-1.9	0.4	1.2	-0.3	0.1	1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	7.8	7.5	8.8	10.2	8.1	8.8	11	10.5	11.7	13.2	13
Sales YoY Gr.	-	-3.6%	17.1%	15.1%	-20.5%	9.2%	25.1%	-5.2%	11.5%	13.4%	-
Adj EPS ⓘ	-0.2	-0.1	-0	-0.1	-0.1	0	0.1	0	0.1	0.1	0.1
YoY Gr.	-	NA	NA	NA	NA	NA	225%	-84.6%	200%	66.7%	-
BVPS (₹) ⓘ	0.3	0.5	0.5	0.2	0.1	0.1	0.3	0.3	0.4	0.5	0.5
Adj Net Profit ⓘ	-2.1	-0.7	-0.1	-1.1	-1.1	0.4	1.3	0.2	0.6	1	1
Cash Flow from Ops. ⓘ	0.3	-1.8	-0.2	-0.3	-0.4	-0	2.3	0.4	1.2	2	-
Debt/CF from Ops. ⓘ	6.1	-1.3	-12.4	-14.5	-11.7	-129.2	1.2	7.7	1.9	0.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6%	10.4%	6.2%	13.4%
Adj EPS ⓘ	NA	NA	-8.4%	66.7%
BVPSⓘ	4.4%	42.5%	18.8%	27%
Share Price	-0.2%	43.6%	11.7%	-31%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-22.7	-12.5	-1.6	-23.7	-31	12.2	30.5	2.1	3.1	5.2	21.8
Op. Profit Mgn % ⓘ	-11.7	-6.2	4.9	-5	-4.6	10.4	16.1	7.5	8.8	13	12
Net Profit Mgn % ⓘ	-27	-9.1	-0.9	-10.5	-13.2	4.5	11.7	2.3	4.9	7.7	8.3
Debt to Equity ⓘ	0.6	0.4	0.4	2.1	6.1	3.2	1	0.9	0.6	0.1	-
Working Cap Days ⓘ	109	101	113	112	136	143	119	127	127	103	54
Cash Conv. Cycle ⓘ	43	51	80	83	110	120	104	112	113	92	33

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.1	-
TTM Sales (₹ Cr.)	13.5	-
BVPS (₹) ⓘ	0.5	-
Reserves (₹ Cr.) ⓘ	-5	-
P/BV ⓘ	9.08	-
PE ⓘ	44.81	-

From the Market
52 Week Low / High (₹)	3.80 / 7.48
All Time Low / High (₹)	0.01 / 21.33
Market Cap (₹ Cr.)	49.9
Equity (₹ Cr.)	10.2
Face Value (₹)	1
Industry PE ⓘ	57.1

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Smiths & Founders - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	7.82	7.54	8.83	10.16	8.08	8.82	11.03	10.46	11.66	13.22
Operating Expenses ⓘ +	8.73	8.03	8.40	10.67	8.45	7.90	9.26	9.67	10.63	11.49
Manufacturing Costs	1.92	2.06	2.24	3.04	1.99	1.83	2.18	1.98	2.02	2.19
Material Costs	3.38	2.83	2.96	4.17	3.36	3.35	3.97	4.41	5.28	5.89
Employee Cost	1.80	1.74	1.95	2.16	2.22	1.99	2.43	2.55	2.56	2.61
Other Costs ⓘ	1.63	1.40	1.25	1.30	0.87	0.73	0.67	0.73	0.78	0.79
Operating Profit ⓘ	-0.91	-0.49	0.43	-0.51	-0.37	0.92	1.77	0.79	1.03	1.72
Operating Profit Margin (%)	-11.7%	-6.5%	4.9%	-5.0%	-4.5%	10.4%	16.1%	7.5%	8.8%	13.0%
Other Income ⓘ +	0.86	0.70	0.01	0.05	0.03	0.44	0.27	0.01	0.11	0.08
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0.98	0.19	0.26	0.29	0.40	0.43	0.35	0.32	0.26	0.13
Depreciation ⓘ	0.35	0.24	0.26	0.29	0.32	0.25	0.24	0.24	0.24	0.25
Profit Before Tax ⓘ	-1.38	-0.23	-0.08	-1.05	-1.06	0.68	1.45	0.24	0.63	1.42
Tax ⓘ	0.14	0	0	0	0	0	0	0	0	0.37
Profit After Tax	-1.52	-0.23	-0.08	-1.05	-1.06	0.68	1.45	0.24	0.63	1.05
PAT Margin (%)	-19.4%	-3.1%	-0.9%	-10.3%	-13.2%	7.7%	13.1%	2.3%	5.4%	7.9%
Adjusted EPS (₹)	-0.2	-0.0	-0.0	-0.1	-0.1	0.1	0.1	0.0	0.1	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	5.81	5.16	5.08	3.97	2.92	3.55	4.91	18.27	18.94	19.88
Share Capital ⓘ	10.20	10.20	10.20	10.20	10.20	10.20	10.20	10.20	10.20	10.20
Reserves ⓘ	-4.39	-5.04	-5.12	-6.23	-7.28	-6.65	-5.29	8.07	8.74	9.68
Debt +	1.77	2.15	2	3.60	4.50	4.49	2.60	2.91	2.25	0.41
Long Term Debt	0.81	0.69	1.39	1.19	2.63	2.72	2.60	2.05	1.66	0
Short Term Debt	0.95	1.46	0.61	2.41	1.88	1.77	0	0.86	0.58	0.41
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1.38	0.27	0.79	0.17	0.20	0.11	0.11	0.16	0.09	0.05
Others Liabilities ⓘ	0.98	0.98	1.41	1.66	1.60	1.58	1.47	1.48	1.66	1.95
Total Liabilities ⓘ	9.95	8.55	9.28	9.40	9.22	9.72	9.08	22.81	22.94	22.30
Fixed Assets
Net Fixed Assets ⓘ +	7.29	5.85	5.87	6.28	6.17	5.81	5.67	18.76	18.85	18.85
Gross Block	12.19	10.70	10.99	11.57	11.73	10.88	10.96	24.28	24.15	24.41
Accumulated Depreciation	4.90	4.85	5.12	5.29	5.56	5.07	5.28	5.53	5.30	5.56
CWIP ⓘ	0.05	0	0.03	0.06	0	0	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	0.98	1.02	1.96	1.66	1.68	1.87	2.36	2.58	1.96	1.37
Trade Receivables	0.98	1.14	0.99	0.94	0.99	1.63	0.64	1.16	1.80	1.68
Cash Equivalents	0.29	0.34	0.13	0.06	0.01	0.01	0.08	0.04	0.02	0.03
Others Assets ⓘ	0.36	0.21	0.29	0.39	0.38	0.39	0.33	0.28	0.31	0.37
Total Assets ⓘ	9.95	8.55	9.28	9.40	9.22	9.72	9.08	22.81	22.94	22.30

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	0.31	-1.80	-0.18	-0.27	-0.40	-0.04	2.28	0.38	1.17	2.04
PBT ⓘ	-1.38	-0.23	-0.08	-1.05	-1.06	0.68	1.45	0.24	0.62	1.36
Adjustment ⓘ	0.48	-0.22	0.50	0.55	0.71	0.26	0.31	0.56	0.49	0.32
Changes in Working Capital ⓘ	1.28	-1.28	-0.59	0.28	-0.05	-0.98	0.52	-0.42	0.05	0.52
Tax Paid ⓘ	-0.07	-0.07	0	0	0	0	0	0	0	-0.16
Cash Flow From Investing Activity ⓘ +	7.05	1.64	-0.34	-0.75	-0.16	0.47	0.08	-0.21	-0.27	-0.24
Capex	7.04	1.47	-0.31	-0.73	-0.15	0.44	0.07	-0.22	-0.30	-0.26
Net Investments	0	0.15	-0.03	-0.03	0	0	0	0	0	0
Others ⓘ	0.01	0.01	0.01	0.01	-0.02	0.02	0.01	0.01	0.04	0.02
Cash Flow From Financing Activity ⓘ +	-7.08	0.22	-0.30	-0.41	0.60	-0.33	-0.51	-0.22	-0.92	-1.79
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-0.96	-0.19	-0.24	-0.28	-0.39	-0.42	-0.34	-0.31	-0.26	-0.13
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-6.12	0.40	-0.06	-0.13	0.99	0.09	-0.16	0.10	-0.67	-1.66
Net Cash Flow ⓘ	0.28	0.05	-0.81	-1.43	0.03	0.10	1.85	-0.05	-0.02	0.01

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-37.99	-5.5	-1.6	-30.43	-81.99	60.66	66.48	8.07	18.26	24.45
ROCE (%)	-4.44	-0.62	2.41	-11.65	-11.9	18.92	30.18	9.57	14.7	27.52
Asset Turnover Ratio	0.54	0.91	1.02	1.09	0.87	0.94	1.17	0.66	0.51	0.58
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	-0.06	1.57	1.58	1.86	1.94
Working Capital Days
Receivable Days	43	46	43	35	43	54	38	31	46	48
Inventory Days	50	43	60	65	75	73	70	86	71	46
Payable Days	119	106	65	42	20	17	10	11	9	4

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Smiths & Founders (India) Ltd FAQs

The current trading price of Smiths & Founders on 20-Apr-2026 16:59 is ₹4.89.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Apr-2026 the market cap of Smiths & Founders stood at ₹49.88 Cr

The latest P/E ratio of Smiths & Founders as of 19-Apr-2026 is 44.81.

The latest P/B ratio of Smiths & Founders as of 19-Apr-2026 is 9.08.

The 52-week high of Smiths & Founders is ₹7.48 and the 52-week low is ₹3.80.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Smiths & Founders is ₹13.45 ( Cr.) .

About Smiths & Founders (India) Ltd

Shimoga Technologies Limited, established in 1982, is a Listed Public Limited Company. The shares of the company are listed on the Bombay Stock Exchange. The registered office of the company is located at Bangalore. The company is having two manufacturing units. Unit-I at Shimoga and unit-II at Tiptur. Unit-I is a well, equipped forging Unit while the Unit-II is an expansion project for enhancing its capacity.

The company is engaged in manufacturing small, precision and intricate steel forgings.The quality system procedures of the company confirms to ISO -9002 standards.

The company has exposure to automobile, agriculture, mining, power transmission and general engineering industries.the company has plans to expand its exposure to other industries such as railways, textile, chemical, cement and steel both on original equipment manufacturers end as well as replacement market end.

The company has been exporting its products and the quality system procedures of the company confirms to international standards.

The company has, well established customer clientele. Presently market leaders like, Telco, Leyland, Widia, Rane-Madras, etc are mainly consuming its products.The current market trend is to buy fully finished products so as to directly use them in the assembly lines.Keeping in view the changing market scenerio the company proposes to establish in house machining facility and supply fully finished components to the customers.

Shimoga Technologies is fully equipped to manufacture good quality steel forgings. A well planned inward store to receive and stock all the raw materials and consumables, a well equipped laboratory to test the incoming materials, two billet shearing presses, a battery of power hacksaws, a well equipped forge shop with three drop hammers of 500 kg, 750 kg and 1000 kg capacity, three trimming presses of 100 tonnes and 150 tonnes capacity, three coining presses of 200 tonnes and 300 tonnes capacity, a state-of-the-art heat treatment shop with three heat treatment furnaces, a modern tool room equipped with lathes, drilling machines, shaper, electric discharge machine, engraving machine and pneumatic grinders, a well equipped fettling and shot blasting section consisting of a battery of bench grinders and flexible shaft grinders and three shot blasting machines, a vigilent inspection and quality assurance wing equipped with precision instruments and gauges to ensure product quality, a computerised drawing and design section, an automated office section are all in place to ensure customer service of established standards.

Product range of the company includes:

The company is engaged in manufacturing small, precision and intricate steel forgings used in following areas of application:
Automotive â€“ Rocker Arms, Connecting Rods, Tie Rod Ends, Yokes, Spider, Clutch Hub, Clutch Release Levers.
Hydraulic â€“ Valve Bodies, Rod Eye ends, Elbows and Ports.
Engineering â€“ Gear Blanks, Wheel dressers, High tensile Insulator Pins, Insulator Hooks.
Agricultural Implements â€“ Rotary Tynes (Wet and Dry), Rotovator Shovels, Cultvator Blades.
Mining Tools â€“ Coal Augurs, Rotary Drill Bits, Mining Picks.

Achievements/ recognition:

An ISO 9001:2000 certified company
TS 16949:2002 certification under process

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Smiths & Founders (India) Ltd (513418) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Smiths & Founders Share Price