SMT Engineering Ltd
Incorporated in 1984, SMT Global Engineering Ltd is a manufacturer of the Plastic Extrusion System[1]
- Market Cap ₹ 241 Cr.
- Current Price ₹ 146
- High / Low ₹ 146 / 9.75
- Stock P/E 22.2
- Book Value ₹ 43.3
- Dividend Yield 0.00 %
- ROCE 4.46 %
- ROE 6.90 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 63.6% CAGR over last 5 years
Cons
- Stock is trading at 3.37 times its book value
- Company has a low return on equity of 0.94% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 370 days.
- Working capital days have increased from 734 days to 1,068 days
* 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 21 | 82 | |
| 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 5 | 18 | 65 | |
| Operating Profit | 0 | 0 | 0 | 1 | 0 | -0 | 0 | 0 | 0 | -2 | 3 | 16 |
| OPM % | 7% | 10% | 20% | 41% | 12% | -7% | 7% | 11% | 6% | -86% | 13% | 20% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | -0 | 1 | 0 | -0 | -0 | -0 | -0 | -2 | 3 | 14 |
| Tax % | 0% | 100% | 100% | 18% | 0% | 0% | 0% | 52% | -6% | 13% | ||
| 0 | 0 | -0 | 1 | -0 | -0 | -0 | 0 | -0 | -2 | 2 | 11 | |
| EPS in Rs | 0.11 | 0.00 | -0.03 | 1.44 | -0.03 | -0.68 | -0.60 | 0.14 | -0.76 | -4.57 | 1.50 | 6.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 97% |
| 3 Years: | 176% |
| TTM: | 2519% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 51% |
| 5 Years: | 64% |
| 3 Years: | 265% |
| TTM: | 372% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 0% |
| 3 Years: | 1% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 17 | 17 |
| Reserves | 2 | 2 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 46 | 55 |
| 0 | 1 | 1 | 1 | 3 | 3 | 3 | 4 | 4 | 0 | 52 | 68 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 53 | 52 | |
| Total Liabilities | 6 | 7 | 9 | 9 | 11 | 10 | 11 | 11 | 12 | 8 | 167 | 192 |
| 0 | 0 | 2 | 2 | 1 | 1 | 3 | 3 | 2 | 0 | 18 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 9 |
| Investments | 3 | 3 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 1 | 0 | 0 |
| 4 | 4 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 7 | 146 | 164 | |
| Total Assets | 6 | 7 | 9 | 9 | 11 | 10 | 11 | 11 | 12 | 8 | 167 | 192 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -0 | -0 | -0 | -1 | -0 | 1 | -0 | -0 | -8 | -31 | |
| 1 | -0 | 0 | 1 | -1 | 0 | -1 | -0 | 0 | 13 | 0 | |
| -0 | 1 | -0 | -0 | 2 | 0 | -0 | 0 | -0 | -4 | 53 | |
| Net Cash Flow | 0 | -0 | 0 | -0 | -0 | 0 | 0 | -0 | 0 | 1 | 22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 5 | 8 | 91 | 117 | 270 | 0 | 186 | 328 | 370 |
| Inventory Days | 45 | 148 | 104 | 169 | 255 | 120 | 151 | 208 | 438 | 10 | 1,648 |
| Days Payable | 0 | 0 | 0 | 17 | 138 | 132 | 402 | 0 | 304 | 71 | 577 |
| Cash Conversion Cycle | 45 | 148 | 109 | 160 | 208 | 105 | 19 | 208 | 320 | 267 | 1,442 |
| Working Capital Days | 200 | 285 | 5 | -19 | -780 | 477 | 258 | 442 | 830 | 305 | 1,068 |
| ROCE % | 1% | 2% | 9% | 1% | -0% | -0% | 1% | 0% | -17% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
1d - Sai Machine Tools executed equitable mortgage for Rs.45.33 Cr with PNB on 04.12.2025.
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
27 Nov - Sai Machine Tools mortgaged 40,000 sqm Plot A-03C to ICICI Bank for Rs.4.30 crore on 27-Nov-2025.
-
Intimation On Allotment Of Land And Execution Of Lease Deed By Material Subsidiary
25 Nov - Material subsidiary leased 40,000 sq.m in Indore; ₹140 crore investment planned; 99-year lease from Nov 21, 2025.
-
Intimation Regarding Change Of Corporate Identification Number ("CIN")
20 Nov - CIN changed to L33120MP1992PLC080093 after registered office moved from West Bengal to Madhya Pradesh on 20 Nov 2025.
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Announcement under Regulation 30 (LODR)-Change in Registered Office Address
20 Nov - Registered office moved to Plot No.23D, Sanwer Road, Indore; ROC Gwalior registration dated Nov 20, 2025.
Annual reports
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Financial Year 2025
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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]
SMTGEL specializes in creating HDPE and PVC
extrusion systems, drip irrigation solutions, and
precision-engineered machinery