Smiths & Founders (India) Limited - Company Profile

It is a machinery and equipment public limited company based in Bangalore, Karnataka, India, established in 1990.

1990 Bangalore, Karnataka, India Active

Last Updated: February 06, 2026

About Smiths & Founders (India) Limited

Smiths & Founders (India) Limited, a active public limited company, was established on 22 October 1990 in Bangalore, Karnataka, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: L85110KA1990PLC011303. Registered under ROC Roc Bangalore. it is listed on BSE: 513418. It has an authorized capital of ₹10.25 Cr and a paid-up capital of ₹10.20 Cr.

Formerly known as Shimoga Technologies Limited. It upholds a compliant status. In 2023, it reported revenue of ₹10.48 Cr and a net worth of ₹18.27 Cr. Employing 61 professional, Its leadership includes Suresh Shastry (Managing Director), Ramadas Ramesh Rao (Director), Naraseeyappa Sreeramaiah (Director). Past directors included Suresh Shastry, Ravi Veeraraghavan, Shimoga Chandrasekharasastry Hemachandra. It holds ₹3.00 Cr open charges and ₹28.92 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.505, 5Th Floor, Brigade Rubix No.20, Hmt Main Road, Bangalore, Karnataka, 560013.

Company Details

CIN/LLPIN
L85110KA1990PLC011303
Registration Number
011303
Incorporation Date
22 October 1990
Authorized Capital
₹10.25 Cr
Paid-Up Capital
₹10.20 Cr
ROC Code
Roc Bangalore
Listing Status
Listed (BSE: 513418)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.25 Cr as on 06-02-2026
Paid Up Capital ₹ 10.20 Cr as on 06-02-2026
Company Age 35 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 3.00 Cr as on 06-02-2026
Satisfied Charges ₹ 28.92 Cr as on 06-02-2026
Revenue Growth **** -7.30% (FY 2023)
Profit Growth **** -83.23% (FY 2023)
Ebitda **** -55.51% (FY 2023)
Net Worth 272.41% (FY 2023)
Total Assets **** 151.28% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Smiths & Founders (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Smiths & Founders (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Suresh Shastry	Managing Director	22 Oct 1990	Current
Ramadas Ramesh Rao	Director	10 Aug 2022	Current
Naraseeyappa Sreeramaiah	Director	12 Aug 2024	Current
Shailaja Suresh	Director	01 Apr 2019	Current
Arkalgud Suryanarayana Sundar	Director	31 Jul 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	01 Apr 2009	Past
Pramod Abcsdd	Company Secretary	31 Jul 2019	Past
Pramod Abcsdd	Director	30 Aug 2025	Past
Pramod Abcsdd	Director	14 Nov 2014	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	27 Dec 2014	Past
Pramod Abcsdd	Whole-Time Director	01 Apr 2019	Past

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Financial Performance of Smiths & Founders (India).

Smiths & Founders (India) Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.3% decrease. The company also saw a substantial fall in profitability, with a 83.23% decrease in profit. The company's net worth Soared by an impressive increase of 272.41%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-7.30%

*******

Revenue from Operations

*******

-5.16%

*******

Total Assets

*******

151.28%

*******

Profit or Loss

*******

-83.23%

*******

Net Worth

*******

272.41%

*******

EBITDA

*******

-55.51%

*******

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What is the Ownership and Shareholding Structure of Smiths & Founders (India)?

In 2023, Smiths & Founders (India) had a promoter holding of 28.69% and a public holding of 71.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹30,000,000.00

Satisfied Charges

₹289,236,309.00

Charges Breakdown by Lending Institutions

The South Indian Bank Limited : 3.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Mar 2023	The South Indian Bank Limited	₹3.00 Cr	Open
29 Nov 2018	Karnataka Bank Ltd.	₹2.90 Cr	Satisfied
23 Nov 2017	Others	₹2.77 Cr	Satisfied
23 Nov 2012	Axis Bank Limited	₹4.25 Cr	Satisfied
19 Jul 2010	Development Credit Bank Limited	₹4.00 Cr	Satisfied

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How Many Employees Work at Smiths & Founders (India)?

Smiths & Founders (India) has a workforce of 61 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Smiths & Founders (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Smiths & Founders (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Smiths & Founders (India)

Recent Activity within the Organization

Annual General Meeting

Smiths & Founders (India) Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was recorded as a recent event.
29 Sep 2025
Director Appointment

Progress on Arkalgud Suryanarayana Sundar was appointed as a Director was appointed as a Director on 31 Jul 2025 & has been associated with this company since 7 months . was documented.
31 Jul 2025
Balance Sheet

The activity Smiths & Founders (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

Progress on Naraseeyappa Sreeramaiah was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
12 Aug 2024
Director Appointment

Supriya Shastry was appointed as a Cfo was appointed as a Cfo on 23 Feb 2024 & has been associated with this company since 2 years 6 days . was recorded as a recent event.
23 Feb 2024
Charges

The activity A charge registered on 23 Nov 2017 via Charge ID 100144380 with Others was fully satisfied on 12 Apr 2023. was completed.
12 Apr 2023

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