Smiths & Founders (India) Ltd
Incorporated in 1990, Smiths & Founders Ltd
is engaged in the business of ferrous forgings.[1]
- Market Cap ₹ 47.0 Cr.
- Current Price ₹ 4.61
- High / Low ₹ 7.39 / 3.80
- Stock P/E 42.7
- Book Value ₹ 2.00
- Dividend Yield 0.00 %
- ROCE 7.47 %
- ROE 5.41 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.4% over past five years.
- Promoter holding is low: 28.7%
- Company has a low return on equity of 3.79% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.69 | 6.54 | 7.82 | 7.53 | 8.83 | 10.16 | 8.08 | 8.82 | 11.03 | 10.46 | 11.66 | 13.22 | 13.70 | |
| 7.02 | 7.15 | 8.73 | 8.01 | 8.40 | 10.67 | 8.45 | 7.90 | 9.26 | 9.66 | 10.63 | 11.49 | 12.09 | |
| Operating Profit | -0.33 | -0.61 | -0.91 | -0.48 | 0.43 | -0.51 | -0.37 | 0.92 | 1.77 | 0.80 | 1.03 | 1.73 | 1.61 |
| OPM % | -4.93% | -9.33% | -11.64% | -6.37% | 4.87% | -5.02% | -4.58% | 10.43% | 16.05% | 7.65% | 8.83% | 13.09% | 11.75% |
| 0.18 | 0.09 | 0.86 | 0.68 | 0.01 | 0.04 | 0.03 | 0.44 | 0.27 | 0.01 | 0.11 | 0.07 | 0.02 | |
| Interest | 0.65 | 0.89 | 0.98 | 0.19 | 0.26 | 0.29 | 0.40 | 0.43 | 0.35 | 0.32 | 0.26 | 0.13 | 0.01 |
| Depreciation | 0.36 | 0.39 | 0.35 | 0.24 | 0.26 | 0.29 | 0.32 | 0.25 | 0.24 | 0.24 | 0.24 | 0.25 | 0.26 |
| Profit before tax | -1.16 | -1.80 | -1.38 | -0.23 | -0.08 | -1.05 | -1.06 | 0.68 | 1.45 | 0.25 | 0.64 | 1.42 | 1.36 |
| Tax % | -19.83% | 0.00% | 10.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 26.06% | |
| -0.93 | -1.81 | -1.52 | -0.23 | -0.08 | -1.05 | -1.06 | 0.68 | 1.45 | 0.24 | 0.63 | 1.05 | 1.10 | |
| EPS in Rs | -0.22 | -0.18 | -0.15 | -0.02 | -0.01 | -0.10 | -0.10 | 0.07 | 0.14 | 0.02 | 0.06 | 0.10 | 0.11 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 10% |
| 3 Years: | 6% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 24% |
| 3 Years: | -10% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 42% |
| 3 Years: | 11% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 7% |
| 3 Years: | 4% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.43 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 |
| Reserves | 7.40 | 2.60 | -4.39 | -5.04 | -5.12 | -6.23 | -7.28 | -6.65 | -5.29 | 8.07 | 8.74 | 9.68 | 10.18 |
| 5.83 | 7.97 | 1.86 | 2.26 | 2.20 | 3.87 | 4.74 | 4.75 | 2.82 | 2.91 | 2.25 | 0.41 | 0.99 | |
| 1.53 | 1.53 | 2.28 | 1.13 | 2.00 | 1.56 | 1.56 | 1.42 | 1.35 | 1.64 | 1.75 | 2.01 | 2.66 | |
| Total Liabilities | 15.19 | 22.30 | 9.95 | 8.55 | 9.28 | 9.40 | 9.22 | 9.72 | 9.08 | 22.82 | 22.94 | 22.30 | 24.03 |
| 11.03 | 19.36 | 7.29 | 5.85 | 5.87 | 6.28 | 6.17 | 5.81 | 5.67 | 18.76 | 18.85 | 18.85 | 18.91 | |
| CWIP | 1.85 | 0.00 | 0.05 | 0.00 | 0.03 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2.31 | 2.94 | 2.61 | 2.70 | 3.38 | 3.06 | 3.05 | 3.91 | 3.41 | 4.06 | 4.09 | 3.45 | 5.12 | |
| Total Assets | 15.19 | 22.30 | 9.95 | 8.55 | 9.28 | 9.40 | 9.22 | 9.72 | 9.08 | 22.82 | 22.94 | 22.30 | 24.03 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.80 | -0.98 | 0.31 | -1.80 | -0.18 | -0.27 | -0.40 | -0.04 | 2.28 | 0.38 | 1.17 | 2.04 | |
| -0.31 | 0.05 | 7.05 | 1.64 | -0.34 | -0.75 | -0.16 | 0.47 | 0.08 | -0.21 | -0.27 | -0.24 | |
| -0.45 | 0.89 | -7.08 | 0.22 | -0.30 | -0.41 | 0.60 | -0.33 | -0.51 | -0.22 | -0.92 | -1.79 | |
| Net Cash Flow | 0.04 | -0.03 | 0.28 | 0.05 | -0.81 | -1.43 | 0.03 | 0.10 | 1.85 | -0.05 | -0.02 | 0.01 |
| Free Cash Flow | 0.45 | -0.96 | 7.35 | -0.33 | -0.49 | -1.00 | -0.55 | 0.40 | 2.35 | 0.16 | 0.86 | 1.78 |
| CFO/OP | -242% | 161% | -42% | 360% | -42% | 53% | 108% | -4% | 129% | 48% | 114% | 127% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24.55 | 59.72 | 45.74 | 55.26 | 40.92 | 33.77 | 44.72 | 67.45 | 21.18 | 40.48 | 56.35 | 46.38 |
| Inventory Days | 159.98 | 173.41 | 93.15 | 118.19 | 232.27 | 129.47 | 182.50 | 203.14 | 216.98 | 213.54 | 135.75 | 84.90 |
| Days Payable | 104.29 | 100.65 | 131.17 | 31.29 | 93.62 | 13.26 | 21.73 | 11.95 | 10.11 | 13.24 | 6.23 | 3.10 |
| Cash Conversion Cycle | 80.25 | 132.47 | 7.72 | 142.16 | 179.58 | 149.98 | 205.50 | 258.65 | 228.04 | 240.77 | 185.86 | 128.18 |
| Working Capital Days | -113.48 | -294.12 | -39.67 | -0.48 | 34.31 | -27.66 | -3.16 | 38.90 | 77.77 | 77.47 | 79.51 | 60.47 |
| ROCE % | -8.67% | -5.34% | -8.65% | -9.15% | 2.45% | -10.19% | -8.52% | 13.91% | 22.33% | 3.94% | 4.06% | 7.47% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Foreign Exchange Earnings (Exports) INR Lakhs |
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| Median Remuneration of Employees INR |
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| Total Permanent Employees Number |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for Audited Financial Results Of The Company For The Quarter And Year Ended On 31/03/2026
22h - Board meeting on 25 May 2026 to approve audited Q4 and FY26 financial results.
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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.
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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.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026.
- Closure of Trading Window 26 Mar
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
SFIL is in the business of manufacturing
forgings and machined components. It manufactures Small, Precision and Intricate Steel Forgings used in automobile, mining, agriculture, material handling, power transmission, hydraulic and general engineering industries.