About Smiths & Founders
Smiths & Founders is a publicly listed company based in Bengaluru (India) founded in 1982. Steel forgings and cast cylinder liners are manufactured in India. The company has 61 employees. Its Indian entity Smiths & Founders (India) Limited reported revenue of ₹14.95 Cr. Smiths & Founders offers products and services including Steel Forgings and Machined Components. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Smiths Founders was established in 1982 as a manufacturer focused on steel forgings and cast cylinder liners. Operations are centered in Bengaluru, India, where production processes are handled for industrial applications. The company serves sectors requiring durable metal components, with emphasis placed on forging and casting techniques. Activities are conducted through dedicated facilities, supporting regional and potential international demands in the manufacturing domain.
- Headquarters Bengaluru, India
- Employees 61
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website smithsandfoundersindia.com
- Social X Facebook
- Legal Name Smiths & Founders (India) Limited
- Market Cap₹93.73 Cr
SMFIL · BSE
- Share Price₹9.10
-0.98% today
- Revenue₹13.98 Cr
FY 2025-26 · +5.8% YoY
- EBITDA₹1.15 Cr
Margin 8.2%
- Net Profit₹0.28 Cr
FY 2025-26 · -73.3% YoY
- P/E (TTM)135.7x
P/B 15.2x
- ROE2.6%
ROCE 8.3%
- Debt / Equity0.04
Interest cover 2.2x
- Employee Count61
Associated legal entities of Smiths & Founders
Smiths & Founders operates through Smiths & Founders (India) Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Smiths & Founders (India) Limited Listed CIN L85110KA1990PLC011303 | Active | 22 Oct 1990 | Bangalore, Karnataka | ₹14.9 Cr | 61 | 7 | View details |
Products & Services of Smiths & Founders
Smiths & Founders offers a comprehensive portfolio of products and services, including Steel Forgings and Machined Components.
Steel forgings are produced for use in automobile and other engineering industries
Machined components are engineered for sectors like agriculture and mining
Board of directors of Smiths & Founders (India) Limited (Smiths & Founders)
Smiths & Founders (India) Limited is the primary company behind Smiths & Founders. The board of Smiths & Founders (India) Limited currently have 5 directors; the longest-serving is Suresh Shastry, appointed in 1990. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Shastry DIN 01099554 | Managing Director | 22 Oct 1990 | 36 yrs | Smiths & Founders (India) Limited |
| Shailaja Suresh DIN 01326440 | Director | 01 Apr 2019 | 7 yrs 6 mo | Smiths & Founders (India) Limited |
| Ramadas Ramesh Rao DIN 09434109 | Director | 10 Aug 2022 | 4 yrs 2 mo | Smiths & Founders (India) Limited |
| Naraseeyappa Sreeramaiah DIN 07174481 | Director | 12 Aug 2024 | 2 yrs 2 mo | Smiths & Founders (India) Limited |
| Arkalgud Suryanarayana Sundar DIN 10978998 | Director | 31 Jul 2025 | 1 yr 2 mo | Smiths & Founders (India) Limited |
IPO & Listings of Smiths & Founders
Smiths & Founders is a publicly listed company on the BSE with ticker symbol SMFIL in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Aug 1993
- Listed onBSE: 513418
- Listed entitySmiths & Founders (India) Limited
- Exchange sectorProducer manufacturing
- ISININE728B01032
- Share price₹9.30 (+2.76% on the day) · 2026-10-14
- Market capitalisation₹92.3 Cr
- Price to earnings70.0
- EPS (diluted, trailing year)₹0.13
- Volume (last session)6,949
Financials of Smiths & Founders
Exchange-reported figures of Smiths & Founders (India) Limited, the listed company behind Smiths & Founders (BSE: SMFIL).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 13.98 | 13.22 | 11.66 | 10.46 | 11.03 | 8.82 | 8.08 |
| Revenue growth | +5.8% | +13.4% | +11.5% | -5.2% | +25.1% | +9.2% | - |
| EBITDA | 1.15 | 1.73 | 1.03 | 0.78 | 1.78 | 0.91 | (0.38) |
| EBITDA margin | +8.2% | +13.1% | +8.8% | +7.5% | +16.1% | +10.3% | -4.7% |
| Profit before tax | 1.84 | 1.42 | 0.64 | 0.23 | 1.46 | 0.67 | (1.07) |
| Net profit | 0.28 | 1.05 | 0.60 | 0.23 | 1.45 | 0.67 | (1.07) |
| Net profit margin | +2.0% | +7.9% | +5.2% | +2.2% | +13.2% | +7.6% | -13.2% |
| EPS (₹) | 0.13 | 0.10 | 0.06 | 0.02 | 0.14 | 0.07 | (0.10) |
| Balance sheet | |||||||
| Total assets | 22.10 | 21.46 | 22.20 | 22.10 | 8.55 | 9.01 | 8.45 |
| Net worth | 21.30 | 19.88 | 18.94 | 18.27 | 4.91 | 3.55 | 2.92 |
| Total debt | 0.00 | 0.41 | 2.25 | 2.91 | 2.82 | 4.75 | 4.74 |
| Cash & bank | 1.38 | 0.03 | 0.02 | 0.04 | 0.08 | 0.01 | 0.01 |
| Net working capital | 3.66 | 2.63 | 3.15 | 3.12 | 2.64 | 2.97 | 2.05 |
| Cash flow | |||||||
| Cash from operations | 1.92 | 2.04 | 1.17 | 0.38 | 2.28 | (0.04) | (0.40) |
| Cash from investing | (0.14) | (0.24) | (0.27) | (0.21) | 0.08 | 0.47 | (0.16) |
| Cash from financing | (0.43) | (1.79) | (0.92) | (0.22) | (0.51) | (0.33) | 0.60 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.22 | 3.54 | 3.40 | 3.82 | 3.23 | 3.25 | 3.22 | 3.63 |
| Revenue growth (YoY) | -0.3% | +8.9% | +5.6% | +5.2% | +3.9% | - | - | - |
| Other income | 0.05 | 0.95 | 0.00 | 0.00 | 0.02 | 0.00 | 0.02 | 0.02 |
| Total expenses | 2.87 | 3.55 | 3.01 | 3.41 | 2.86 | 2.81 | 2.78 | 3.19 |
| EBITDA | 0.35 | (0.01) | 0.39 | 0.41 | 0.37 | 0.44 | 0.44 | 0.44 |
| EBITDA margin | +10.9% | -0.3% | +11.5% | +10.7% | +11.5% | +13.5% | +13.7% | +12.1% |
| Depreciation | 0.06 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 |
| Interest | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.04 |
| Profit before tax | 0.34 | 0.85 | 0.32 | 0.34 | 0.33 | 0.37 | 0.37 | 0.36 |
| Tax | 0.09 | 0.23 | 0.09 | 0.12 | 0.06 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.22 | 3.54 | 3.40 | 3.82 | 3.23 | 3.25 | 3.22 | 3.63 |
| Revenue growth (YoY) | -0.3% | +8.9% | +5.6% | +5.2% | +3.9% | - | - | - |
| Other income | 0.05 | 0.95 | 0.00 | 0.00 | 0.02 | 0.00 | 0.02 | 0.02 |
| Total expenses | 2.87 | 3.55 | 3.01 | 3.41 | 2.86 | 2.81 | 2.78 | 3.19 |
| EBITDA | 0.35 | (0.01) | 0.39 | 0.41 | 0.37 | 0.44 | 0.44 | 0.44 |
| EBITDA margin | +10.9% | -0.3% | +11.5% | +10.7% | +11.5% | +13.5% | +13.7% | +12.1% |
| Depreciation | 0.06 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 |
| Interest | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 | 0.04 |
| Profit before tax | 0.34 | 0.85 | 0.32 | 0.34 | 0.33 | 0.37 | 0.37 | 0.36 |
| Tax | 0.09 | 0.23 | 0.09 | 0.12 | 0.06 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 13.98 | 13.22 | 11.66 | 10.46 | 11.03 | 8.82 | 8.08 |
| Revenue growth | +5.8% | +13.4% | +11.5% | -5.2% | +25.1% | +9.2% | - |
| Other income | 0.97 | 0.07 | 0.11 | 0.01 | 0.27 | 0.44 | 0.03 |
| Total expenses | 12.83 | 11.49 | 10.63 | 9.68 | 9.25 | 7.91 | 8.46 |
| Employee cost | 3.64 | 2.61 | 2.56 | 2.55 | 2.43 | 1.99 | 2.22 |
| EBITDA | 1.15 | 1.73 | 1.03 | 0.78 | 1.78 | 0.91 | (0.38) |
| EBITDA margin | +8.2% | +13.1% | +8.8% | +7.5% | +16.1% | +10.3% | -4.7% |
| Depreciation | 0.26 | 0.25 | 0.24 | 0.24 | 0.24 | 0.25 | 0.32 |
| Interest | 0.02 | 0.13 | 0.26 | 0.32 | 0.35 | 0.43 | 0.40 |
| Profit before tax | 1.84 | 1.42 | 0.64 | 0.23 | 1.46 | 0.67 | (1.07) |
| Tax | 0.48 | 0.37 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 0.28 | 1.05 | 0.60 | 0.23 | 1.45 | 0.67 | (1.07) |
| Net profit margin | +2.0% | +7.9% | +5.2% | +2.2% | +13.2% | +7.6% | -13.2% |
| EPS (₹) | 0.13 | 0.10 | 0.06 | 0.02 | 0.14 | 0.07 | (0.10) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 | 10.20 |
| Reserves & surplus | 11.10 | 9.68 | 8.74 | 8.07 | (5.29) | (6.65) | (7.28) |
| Shareholders' funds (net worth) | 21.30 | 19.88 | 18.94 | 18.27 | 4.91 | 3.55 | 2.92 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 1.81 | 2.99 | 2.11 |
| Unsecured loans | 0.00 | 0.41 | 2.25 | 2.91 | 1.01 | 1.76 | 2.63 |
| Total debt | 0.00 | 0.41 | 2.25 | 2.91 | 2.82 | 4.75 | 4.74 |
| Total liabilities | 22.10 | 21.46 | 22.20 | 22.10 | 8.55 | 9.01 | 8.45 |
| Assets | |||||||
| Gross block | 24.18 | 24.41 | 24.15 | 24.28 | 10.96 | 10.88 | 11.73 |
| Net block | 18.71 | 18.85 | 18.85 | 18.75 | 5.68 | 5.81 | 6.17 |
| Capital work in progress | 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 |
| Inventories | 1.17 | 1.37 | 1.96 | 2.58 | 2.36 | 1.87 | 1.68 |
| Sundry debtors | 1.80 | 1.68 | 1.80 | 1.16 | 0.64 | 1.63 | 0.99 |
| Cash & bank balances | 1.38 | 0.03 | 0.02 | 0.04 | 0.08 | 0.01 | 0.01 |
| Loans & advances | 0.18 | 0.18 | 0.12 | 0.06 | 0.10 | 0.17 | 0.14 |
| Total current assets | 4.53 | 3.26 | 3.90 | 3.84 | 3.18 | 3.68 | 2.82 |
| Total current liabilities | 0.87 | 0.63 | 0.75 | 0.72 | 0.54 | 0.71 | 0.77 |
| Net working capital | 3.66 | 2.63 | 3.15 | 3.12 | 2.64 | 2.97 | 2.05 |
| Total assets | 22.10 | 21.46 | 22.20 | 22.10 | 8.55 | 9.01 | 8.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.03 | 0.02 | 0.04 | 0.08 | (1.76) | (1.87) | (1.90) |
| Net cash from operating activities | 1.92 | 2.04 | 1.17 | 0.38 | 2.28 | (0.04) | (0.40) |
| Net cash from investing activities | (0.14) | (0.24) | (0.27) | (0.21) | 0.08 | 0.47 | (0.16) |
| Net cash from financing activities | (0.43) | (1.79) | (0.92) | (0.22) | (0.51) | (0.33) | 0.60 |
| Net change in cash | 1.35 | 0.01 | (0.02) | (0.05) | 1.85 | 0.10 | 0.03 |
| Closing cash | 1.38 | 0.03 | 0.02 | 0.04 | 0.08 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.8% | +13.4% | +11.5% | -5.2% | +25.1% | +9.2% | - |
| EBITDA growth | -33.5% | +68.0% | +32.1% | -56.2% | +95.6% | +339.5% | - |
| PBT growth | +29.6% | +121.9% | +178.3% | -84.3% | +117.9% | +9998.0% | -2.9% |
| Net income growth | -73.3% | +75.0% | +160.9% | -84.1% | +116.4% | +162.6% | - |
| Revenue CAGR (3Y) | +10.2% | +6.2% | +9.8% | +9.0% | +2.8% | -0.0% | +2.4% |
| EBITDA CAGR (3Y) | +13.8% | -1.0% | +4.2% | - | - | +28.4% | -8.7% |
| Profitability & leverage | |||||||
| Net income margin | +9.7% | +7.9% | +5.5% | +2.2% | +13.2% | +7.6% | -13.2% |
| Return on capital employed | +8.3% | +11.6% | +6.1% | +3.6% | +10.2% | +8.9% | 0.0% |
| Return on net worth | +2.6% | +9.6% | +5.7% | +2.0% | +11.1% | +9.8% | 0.0% |
| Debt / equity | 0.04 | 0.31 | 0.74 | 0.71 | 0.89 | 2.20 | 3.32 |
| Long-term debt / equity | 0.00 | 0.19 | 0.53 | 0.58 | 0.63 | 1.24 | 1.48 |
| Interest cover | 2.25 | 8.78 | 32.91 | 59.26 | 22.73 | 65.15 | -57.14 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.53 | 1.44 | 1.28 | 1.04 | 1.01 | 0.86 | 0.85 |
| Inventory turnover | 11.01 | 7.94 | 5.14 | 4.23 | 5.22 | 4.97 | 4.84 |
| Debtors turnover | 8.03 | 7.60 | 7.88 | 11.62 | 9.72 | 6.73 | 8.37 |
| EPS (₹) | 0.13 | 0.10 | 0.06 | 0.02 | 0.14 | 0.07 | (0.10) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.60 | 0.47 | 0.37 | 0.31 | 0.48 | 0.35 | 0.08 |
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Frequently Asked Questions about Smiths & Founders
Smiths & Founders was founded in 1982.
Smiths & Founders is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Smiths & Founders has 61 employees.
The primary company behind Smiths & Founders, Smiths & Founders (India) Limited, reported revenue of ₹14.95 Cr for FY 2026, up 6% year on year.
Smiths Founders was established in 1982 as a manufacturer focused on steel forgings and cast cylinder liners. Operations are centered in Bengaluru, India, where production processes are handled for industrial applications. The company serves sectors requiring durable metal components, with emphasis placed on forging and casting techniques. Activities are conducted through dedicated facilities, supporting regional and potential international demands in the manufacturing domain.
Smiths & Founders offers Steel Forgings and Machined Components.
Yes, Smiths & Founders is publicly traded on BSE under the ticker symbol SMFIL.
Smiths & Founders operates through Smiths & Founders (India) Limited.
The legal entities of Smiths & Founders currently have 7 directors, including Shailaja Suresh, Suresh Shastry, Ramadas Ramesh Rao and others.