Smiths & Founders (India) (BSE 513418)₹9.19+1.55%Castings & Forgings
In the Jun 2026 quarter (standalone), Smiths & Founders (India) reported sales of ₹3.21 Cr, down 0.3% from Jun 2025, and net profit of ₹0.27 Cr, up 8.0% year on year. For the year to Mar 2026, sales were ₹13.95 Cr and net profit ₹1.35 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.35 | 2.93 | 3.12 | 3.10 | 3.62 | 3.21 | 3.24 | 3.22 | 3.81 | 3.39 | 3.53 | 3.21 |
| Expenses | 2.19 | 2.72 | 2.74 | 2.71 | 3.18 | 2.76 | 2.79 | 2.86 | 3.40 | 3.00 | 3.53 | 2.85 |
| Operating Profit | 0.17 | 0.22 | 0.39 | 0.40 | 0.45 | 0.46 | 0.46 | 0.37 | 0.42 | 0.40 | −0.02 | 0.37 |
| OPM % | 6.8% | 7.2% | 12.2% | 12.6% | 12.1% | 14.0% | 13.9% | 11.2% | 10.7% | 11.5% | −0.3% | 11.2% |
| Other Income | 0.04 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.94 | 0.04 |
| Interest | 0.05 | 0.06 | 0.06 | 0.04 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Depreciation | 0.07 | 0.07 | 0.07 | 0.05 | 0.07 | 0.07 | 0.05 | 0.07 | 0.08 | 0.08 | 0.08 | 0.07 |
| Profit before tax | 0.10 | 0.11 | 0.28 | 0.32 | 0.37 | 0.39 | 0.39 | 0.33 | 0.35 | 0.33 | 0.86 | 0.36 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 18.8% | 35.4% | 28.2% | 27.1% | 25.8% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.67 | 0.00 |
| Net Profit | 0.07 | 0.09 | 0.26 | 0.30 | 0.35 | 0.36 | 0.36 | 0.25 | 0.22 | 0.23 | 0.61 | 0.27 |
| EPS (Rs) | 0.02 | 0.02 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.07 | 0.04 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.81 | 7.52 | 8.81 | 10.14 | 8.07 | 8.80 | 11.02 | 10.44 | 11.64 | 13.19 | 13.95 | 13.94 |
| Expenses | 8.70 | 7.97 | 8.37 | 10.63 | 8.42 | 7.87 | 9.22 | 9.63 | 10.60 | 11.45 | 12.70 | 12.78 |
| Operating Profit | −0.92 | −0.49 | 0.44 | −0.52 | −0.38 | 0.93 | 1.78 | 0.81 | 1.04 | 1.74 | 1.24 | 1.17 |
| OPM % | −11.7% | −6.4% | 4.9% | −5.0% | −4.6% | 10.5% | 16.1% | 7.7% | 8.9% | 13.1% | 8.8% | 8.4% |
| Other Income | 0.85 | 0.67 | 0.00 | 0.03 | 0.02 | 0.43 | 0.26 | 0.00 | 0.10 | 0.06 | 0.89 | 0.98 |
| Interest | 0.97 | 0.18 | 0.25 | 0.28 | 0.39 | 0.42 | 0.34 | 0.31 | 0.25 | 0.12 | 0.01 | 0.01 |
| Depreciation | 0.36 | 0.25 | 0.27 | 0.28 | 0.33 | 0.26 | 0.25 | 0.23 | 0.25 | 0.24 | 0.27 | 0.31 |
| Profit before tax | −1.39 | −0.24 | −0.09 | −1.06 | −1.07 | 0.69 | 1.46 | 0.26 | 0.65 | 1.43 | 1.86 | 1.90 |
| Tax % | 10.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 26.2% | 26.0% | — |
| Exceptional items | 1.01 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.67 |
| Net Profit | −1.51 | −0.22 | −0.07 | −1.04 | −1.05 | 0.67 | 1.44 | 0.23 | 0.62 | 1.04 | 1.35 | 1.33 |
| EPS (Rs) | −0.16 | −0.03 | −0.02 | −0.11 | −0.11 | 0.08 | 0.15 | 0.03 | 0.07 | 0.11 | 0.14 | 0.17 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.22 | 10.21 | 10.19 | 10.21 | 10.19 | 10.19 | 10.20 | 10.20 | 10.23 | 10.22 | 10.22 | 10.22 |
| Reserves | 2.60 | −4.38 | −5.03 | −5.11 | −6.22 | −7.27 | −6.63 | −5.28 | 8.09 | 8.76 | 9.70 | 11.12 |
| Borrowings | 7.99 | 1.86 | 2.27 | 2.20 | 3.88 | 4.75 | 4.75 | 2.81 | 2.91 | 2.25 | 0.41 | 0.00 |
| Other Liabilities | 1.54 | 2.29 | 1.14 | 2.01 | 1.58 | 1.57 | 1.43 | 1.37 | 1.65 | 1.76 | 2.01 | 2.13 |
| Total Liabilities | 22.35 | 9.98 | 8.57 | 9.31 | 9.43 | 9.24 | 9.75 | 9.10 | 22.88 | 22.99 | 22.34 | 23.47 |
| Fixed Assets | 19.40 | 7.30 | 5.86 | 5.88 | 6.29 | 6.18 | 5.82 | 5.68 | 18.81 | 18.88 | 18.88 | 18.73 |
| CWIP | 0.00 | 0.06 | 0.00 | 0.04 | 0.07 | 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 |
| Other Assets | 2.95 | 2.62 | 2.71 | 3.39 | 3.07 | 3.06 | 3.93 | 3.42 | 4.07 | 4.11 | 3.46 | 4.74 |
| Inventories | 1.44 | 0.99 | 1.03 | 1.97 | 1.67 | 1.69 | 1.88 | 2.37 | 2.59 | 1.97 | 1.38 | 1.18 |
| Trade receivables | 1.06 | 0.97 | 1.13 | 0.98 | 0.93 | 0.98 | 1.62 | 0.63 | 1.15 | 1.79 | 1.67 | 1.79 |
| Cash & equivalents | 0.00 | 0.28 | 0.33 | 0.12 | 0.05 | 0.00 | 0.00 | 0.07 | 0.03 | 0.01 | 0.02 | 1.37 |
| Total Assets | 22.35 | 9.98 | 8.57 | 9.31 | 9.43 | 9.24 | 9.75 | 9.10 | 22.88 | 22.99 | 22.34 | 23.47 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −0.97 | 0.30 | −1.79 | −0.17 | −0.26 | −0.39 | −0.03 | 2.27 | 0.37 | 1.16 | 2.03 | 1.91 |
| Cash from investing activity | 0.06 | 7.07 | 1.65 | −0.35 | −0.76 | −0.17 | 0.48 | 0.09 | −0.22 | −0.28 | −0.25 | −0.15 |
| Cash from financing activity | 0.90 | −7.11 | 0.23 | −0.31 | −0.42 | 0.61 | −0.34 | −0.52 | −0.23 | −0.93 | −1.80 | −0.44 |
| Net cash flow | −0.04 | 0.29 | 0.06 | −0.82 | −1.44 | 0.04 | 0.11 | 1.86 | −0.06 | −0.03 | 0.02 | 1.36 |
| Capex | 0.05 | 0.07 | 0.36 | 0.32 | 0.77 | 0.16 | 0.06 | 0.21 | 0.23 | 0.41 | 0.27 | 0.23 |
| Free cash flow | −0.97 | 7.37 | −0.34 | −0.50 | −1.01 | −0.56 | 0.41 | 2.36 | 0.17 | 0.87 | 1.79 | 1.75 |
| CFO / OP % | 161.0% | −42.1% | 359.9% | −42.0% | 52.9% | 108.0% | −4.0% | 129.0% | 47.9% | 114.0% | 127.0% | 169.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 59 | 45 | 54 | 40 | 33 | 44 | 66 | 20 | 39 | 55 | 45 | 46 |
| Inventory days | 173 | 93 | 118 | 232 | 129 | 182 | 203 | 217 | 214 | 136 | 85 | 71 |
| Days payable | 101 | 131 | 31 | 94 | 13 | 22 | 12 | 10 | 13 | 6 | 3 | 4 |
| Cash conversion cycle | 132 | 8 | 142 | 180 | 150 | 206 | 259 | 228 | 241 | 186 | 128 | 113 |
| Working capital days | −293 | −39 | 0 | 35 | −27 | −2 | 40 | 79 | 78 | 81 | 61 | 61 |
| ROCE % | −5.4% | −8.7% | −9.2% | 2.4% | −10.3% | −8.6% | 13.8% | 22.3% | 3.9% | 4.1% | 7.4% | 4.8% |
For the Jun 2026 quarter, Smiths & Founders (India) reported sales of ₹3.21 Cr, down 0.3% year on year and net profit of ₹0.27 Cr, up 8.0% year on year. The operating margin was 11.2%.
Smiths & Founders (India)'s sales for the year to Mar 2026 were ₹13.95 Cr; over the last twelve months they were ₹13.94 Cr.
Net profit for the year to Mar 2026 was ₹1.35 Cr, and ₹1.33 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.17.
Smiths & Founders (India) reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹1.37 Cr.
Cash from operations was ₹1.91 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1.75 Cr.