Indo SMC Ltd
INDO SMC Ltd is engaged in the design and manufacture of a diversified range of products catering to electrical, industrial, and infrastructural applications.[1]
- Market Cap ₹ 483 Cr.
- Current Price ₹ 211
- High / Low ₹ 217 / 134
- Stock P/E 31.3
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 47.7 %
- ROE 74.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 75.2%
Cons
- Debtor days have increased from 102 to 124 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1 | 7 | 28 | 139 | |
| 1 | 6 | 23 | 115 | |
| Operating Profit | 0 | 1 | 5 | 23 |
| OPM % | 14% | 17% | 18% | 17% |
| 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 4 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 1 | 4 | 19 |
| Tax % | 100% | 29% | 19% | 19% |
| 0 | 0 | 3 | 15 | |
| EPS in Rs | 0.00 | 7.08 | 41.04 | 9.25 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 486% |
| TTM: | 395% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 415% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 75% |
| Last Year: | 74% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.65 | 0.65 | 0.73 | 17 |
| Reserves | 0 | 1 | 5 | 19 |
| 0 | 10 | 18 | 36 | |
| 5 | 2 | 13 | 28 | |
| Total Liabilities | 5 | 14 | 36 | 100 |
| 2 | 5 | 7 | 16 | |
| CWIP | 0 | 0 | 0 | 8 |
| Investments | 0 | 0 | 0 | 0 |
| 3 | 8 | 29 | 76 | |
| Total Assets | 5 | 14 | 36 | 100 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -3 | -6 | -14 | ||
| -3 | -2 | -17 | ||
| 6 | 8 | 31 | ||
| Net Cash Flow | -1 | 0 | 0 | |
| Free Cash Flow | -6 | -8 | -31 | |
| CFO/OP | -231% | -93% | -45% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 391 | 70 | 112 | 124 |
| Inventory Days | 197 | 423 | 326 | 62 |
| Days Payable | 86 | 137 | 230 | 72 |
| Cash Conversion Cycle | 502 | 356 | 208 | 114 |
| Working Capital Days | 1,185 | -26 | 20 | 34 |
| ROCE % | 17% | 27% | 48% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capacity Utilization - Ahmedabad Plant % |
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| Installed Capacity - SMC & FRP (Ahmedabad Plant) Metric Tons |
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| Production Volume - SMC & FRP (Ahmedabad Plant) Metric Tons |
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| Revenue Concentration - Maharashtra % |
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| Installed Capacity - Electrical Components (Nashik Plant) Nos. |
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| Production Volume - Electrical Components (Nashik Plant) Nos. |
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Extracted by Screener AI
Documents
Announcements
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Announcement Under Regulation 30 (LODR)
1d - Indo SMC received two domestic orders totaling Rs 35.26 crore; execution in 6 months and 90-120 days.
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Announcement Under Reg. 30 SEBI (LODR)
2d - Indo SMC wins Rs. 2,842.80 lakh domestic order for HT Air Insulated Bus Duct supply within 12 weeks.
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Non-Applicability Of Annual Secretarial Compliance Report Under Regulation 24A Of The SEBI (LODR) Regulations 2015
17 Apr - Indo SMC says annual secretarial compliance report for FY2026 is not applicable under SME rules.
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Non-Applicability Of Large Corporate Entity Disclosure
17 Apr - Indo SMC confirms it is not a large corporate entity under SEBI circular.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 16 Apr
Concalls
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Feb 2026Transcript PPT
Business Profile[1]
The company is an ISO certified manufacturer specializing in SMC (Sheet Moulding Compound) and FRP (Fibre Reinforced Plastic) products, along with electrical components such as CT/PTs and power distribution equipment. It primarily serves the power distribution, smart metering, electrical infrastructure, and broader industrial sectors.