SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

Indo Smc Ltd (544681)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544681 NSE: Electric Equipment | Small Cap | Indo Smc Share Price

₹280 -4.20 (-1.48%)

As on 05-Jun'26 16:59

Indo Smc Ltd (544681)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544681 NSE: Electric Equipment | Small Cap | Indo Smc Share Price

₹280 -4.20 (-1.48%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹650 Cr.
Current Price
₹280
52-Week Low / High
₹134 / 303
TTM EPS
₹14.2
TTM Sales
₹310 Cr.
Book Value per Share
₹67.4
P/E Ratio
20.06
Lower than its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
4.21
Higher than its 5-year historical median
Price to Sales (P/S)
2.10
Lower than its 5-year historical median
EV/EBITDA
14.32
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
74.45%
Outperforms industry median
Return on Capital Employed (ROCE)
47.74%
Outperforms industry median
Return on Assets (ROA)
23.04%
Operating Profit Margin
16.9%
Net Profit Margin
11.13%
Gross Profit Margin
14.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
394.79%
Operating Profit Growth (1 Year)
-
355.45%
Net Profit Growth (1 Year)
-
414.67%
Asset Quality
Promoter Holding
60.25%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹131 Cr.
Equity
₹22.9 Cr.
Face Value
₹10
All Time Low / High
₹134.00 / 302.50

Indo Smc stock performance

Key Ratios
mw4me loader

Check Before You Invest

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Indo Smc Ltd a good quality company?
Indo Smc Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does Indo Smc Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Indo Smc Ltd vs industry peers?
Indo Smc Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 24.05%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Indo Smc Ltd?
Promoters hold 60.25% of the Indo Smc Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Indo Smc Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
View More

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)

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Indo Smc Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'23Mar'24Mar'25TTM
ROCE % ⓘ8.8%27.2%47.7%-
Value Creation
Index ⓘ		-0.40.92.4-

Growth Parameters ⓘ
Sales ⓘ7.328139310
Sales YoY Gr.-284%394.8%-
Adj EPS ⓘ0.329.314.2
YoY Gr.-490.9%375.9%-
BVPS (₹) ⓘ0.93.821.467.4
Adj Net
Profit ⓘ		0.5315.532
Cash Flow from Ops. ⓘ-2.9-5.8-13.8-
Debt/CF from Ops. ⓘ-3.6-3.1-2.6-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA394.8%
Adj EPS ⓘNANANA375.9%
BVPSⓘNANANA467.4%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		38.985.974.731.9
Op. Profit
Mgn % ⓘ		17.118.316.916.1
Net Profit
Mgn % ⓘ		6.210.711.210.5
Debt to
Equity ⓘ		8.93.11-
Working Cap
Days ⓘ		02341310
Cash Conv.
Cycle ⓘ		0118640

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Sales728139
Operating Expenses ⓘ + 623115
Manufacturing Costs136
Material Costs417102
Employee Cost 113
Other Costs ⓘ 024
Operating Profit ⓘ 1523
Operating Profit Margin (%) 17.1%18.3%16.9%
Other Income ⓘ + 000
Exceptional Items ⓘ 000
Interest ⓘ 014
Depreciation ⓘ 001
Profit Before Tax ⓘ 1419
Tax ⓘ 014
Profit After Tax 0315
PAT Margin (%) 6.2%10.7%11.1%
Adjusted EPS (₹)0.32.09.3
Dividend Payout Ratio (%)0%0%0%

Valuation of Indo Smc - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1636
Share Capital ⓘ 1117
Reserves ⓘ 1519
Debt +101734
Long Term Debt456
Short Term Debt61228
Minority Interest000
Trade Payables21120
Others Liabilities ⓘ 128
Total Liabilities ⓘ 143599

Fixed Assets

Net Fixed Assets ⓘ +5716
Gross Block6817
Accumulated Depreciation011
CWIP ⓘ 008
Investments ⓘ 000
Inventories51517
Trade Receivables1947
Cash Equivalents 003
Others Assets ⓘ 248
Total Assets ⓘ 143599

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + -3-6-14
PBT ⓘ 1419
Adjustment ⓘ 114
Changes in Working Capital ⓘ -4-10-33
Tax Paid ⓘ -0-1-3
Cash Flow From Investing Activity ⓘ + -3-2-17
Capex -3-2-17
Net Investments 000
Others ⓘ 000
Cash Flow From Financing Activity ⓘ + 6831
Net Proceeds from Shares ⓘ 0214
Net Proceeds from Borrowing ⓘ 6718
Interest Paid ⓘ -0-1-2
Dividend Paid ⓘ 000
Others ⓘ -000
Net Cash Flow ⓘ -100

Financial Ratio

PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)38.8686.2374.45
ROCE (%)8.8227.1647.74
Asset Turnover Ratio0.531.142.07
PAT to CFO Conversion(x)N/A-2-0.93
Working Capital Days
Receivable Days69.5065.1073.50
Inventory Days239.40131.2042.90
Payable Days137131.7055.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Indo Smc Ltd FAQs

The current trading price of Indo Smc on 05-Jun-2026 16:59 is ₹280.0.

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 04-Jun-2026 the market cap of Indo Smc stood at ₹649.5 Cr

The latest P/E ratio of Indo Smc as of 04-Jun-2026 is 20.06.

The latest P/B ratio of Indo Smc as of 04-Jun-2026 is 4.21.

The 52-week high of Indo Smc is ₹302.5 and the 52-week low is ₹134.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indo Smc is ₹310 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Indo Smc Ltd is a below average quality company.

The key valuation ratios of Indo Smc Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

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

About Indo Smc Ltd

INDO SMC was incorporated on September 27, 2021. The company is mainly engaged in the design and manufacturing of enclosure box for energy meters, high tension current transformer (HTCT), high tension potential transformer (HTPT), low tension current transformer (LTCT), LT/HT distribution boxes and panels, fiberglass reinforced plastic (FRP) Grating, junction boxes, feeder pillars and other power distribution and circuit protection switchgears. Its products are crafted from materials such as sheet moulding compounds (SMC), fiberglass reinforced plastic (FRP), copper, mild steel and stainless steel, etc.

The company’s business primarily comprises of (i) sheet moulding compound division, under which it manufactures enclosure box for energy meters, SMC sheet and SMC chequered plates, (ii) fiberglass reinforced plastic in which it manufactures grating plates and (iii) electrical component division where it manufactures HTCT, HTPT, LTCT, feeder pillars and other power distribution and circuit protection switchgears. The company follows Indian Standards (IS) which are IS:13410 for SMC materials and IS:14772 for enclosure. The company has in-house testing laboratories to ensure products meet quality requirements and suitable material composition. 

In FRP, products such as FRP pultruded products, FRP moulded gratings and FRP storage tanks, these products are customized to a variety of industrial applications. FRP is a composite material made of polymer resins reinforced with fibres like fibreglass, carbon, or aramid. This combination has many advantages, including corrosion resistance, chemical resistance, high strength, lightweight characteristics, electrical and thermal non-conductivity, and ease of manufacturing.

Business area of the company 

The company is mainly engaged in the design and manufacturing of enclosure box for energy meters, high tension current transformer (HTCT), high tension potential transformer (HTPT), low tension current transformer (LTCT), LT/HT distribution boxes and panels, fiberglass reinforced plastic (FRP) Grating, junction boxes, feeder pillars and other power distribution and circuit protection switchgears.

Products and services of the company

Products

  • SMC Box
  • Fiber Glass
  • Compound
  • Manhole Cover
  • SMC Sheet & Chequered Plate
  • Pe Tarpaulin
  • FRP Grating
  • Epoxy
  • Pultrusion
  • High Tension Current Transformer
  • Low Tension Current Transformer
  • Bus Duct
  • Electrical Material
  • Waste
  • Terminal Connectors
  • Channel

Services

  • Technical Consultancy

History and milestones

  • 2021: Incorporation of INDO SMC Private Limited.
  • 2022: The company commenced business of manufacturing of SMC Boxes.
  • 2022: Expansion of Capacity with installation of Machines and new equipment.
  • 2022: Company expanded its presence in Karnataka and Madhya Pradesh.
  • 2022: Starting of FRP segment with 2 new Machineries and adding testing facilities.
  • 2023: Expansion of Sales team and Company expanded its presence in Uttar Pradesh.
  • 2024: Setting up of LTCT and CTPT manufacturing unit is Nashik, Maharashtra.
  • 2025: Setting up of SMC assembly and press manufacturing at Ghiloth, Rajasthan.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×