New Risk • Jul 26
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.17b market cap, or US$12.2m). Tillkännagivande • Jul 17
Smiths & Founders (India) Limited to Report Q1, 2027 Results on Jul 24, 2026 Smiths & Founders (India) Limited announced that they will report Q1, 2027 results on Jul 24, 2026 Reported Earnings • Jul 04
Full year 2026 earnings released: EPS: ₹0.14 (vs ₹0.097 in FY 2025) Full year 2026 results: EPS: ₹0.14 (up from ₹0.097 in FY 2025). Revenue: ₹139.8m (up 5.8% from FY 2025). Net income: ₹13.6m (up 30% from FY 2025). Profit margin: 9.7% (up from 7.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. New Risk • Jul 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (₹140m revenue, or US$1.5m). Market cap is less than US$100m (₹1.03b market cap, or US$10.9m). Tillkännagivande • Jun 29
Smiths & Founders (India) Limited, Annual General Meeting, Jul 24, 2026 Smiths & Founders (India) Limited, Annual General Meeting, Jul 24, 2026, at 10:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₹6.24, the stock trades at a trailing P/E ratio of 46.7x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 74% over the past three years. Reported Earnings • Jun 01
Full year 2026 earnings released: EPS: ₹0.14 (vs ₹0.10 in FY 2025) Full year 2026 results: EPS: ₹0.14 (up from ₹0.10 in FY 2025). Revenue: ₹140.3m (up 6.1% from FY 2025). Net income: ₹13.6m (up 30% from FY 2025). Profit margin: 9.7% (up from 7.9% in FY 2025). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 18
Smiths & Founders (India) Limited to Report Q4, 2026 Results on May 25, 2026 Smiths & Founders (India) Limited announced that they will report Q4, 2026 results on May 25, 2026 New Risk • May 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Market cap is less than US$10m (₹485.5m market cap, or US$5.08m). Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (₹137m revenue, or US$1.4m). Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹4.38, the stock trades at a trailing P/E ratio of 60.1x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 25% over the past three years. New Risk • Feb 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹692.6m market cap, or US$7.64m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (₹137m revenue, or US$1.5m). Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹5.80, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 51% over the past three years. New Risk • Feb 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.4% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹507.9m market cap, or US$5.54m). Minor Risks Profit margins are more than 30% lower than last year (5.4% net profit margin). Revenue is less than US$5m (₹136m revenue, or US$1.5m). Reported Earnings • Feb 01
Third quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.037 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.02 (down from ₹0.037 in 3Q 2025). Revenue: ₹34.0m (up 5.4% from 3Q 2025). Net income: ₹2.43m (down 35% from 3Q 2025). Profit margin: 7.2% (down from 12% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jan 23
Smiths & Founders (India) Limited to Report Q3, 2026 Results on Jan 30, 2026 Smiths & Founders (India) Limited announced that they will report Q3, 2026 results on Jan 30, 2026 Reported Earnings • Nov 04
Second quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.035 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.02 (down from ₹0.035 in 2Q 2025). Revenue: ₹38.2m (up 5.4% from 2Q 2025). Net income: ₹2.32m (down 36% from 2Q 2025). Profit margin: 6.1% (down from 9.9% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Tillkännagivande • Oct 27
Smiths & Founders (India) Limited to Report Q2, 2026 Results on Nov 03, 2025 Smiths & Founders (India) Limited announced that they will report Q2, 2026 results on Nov 03, 2025 New Risk • Sep 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹586.5m market cap, or US$6.68m). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (₹133m revenue, or US$1.5m). Tillkännagivande • Sep 01
Smiths & Founders (India) Limited, Annual General Meeting, Sep 29, 2025 Smiths & Founders (India) Limited, Annual General Meeting, Sep 29, 2025, at 11:00 Indian Standard Time. Reported Earnings • Aug 01
First quarter 2026 earnings released: EPS: ₹0.03 (vs ₹0.03 in 1Q 2025) First quarter 2026 results: EPS: ₹0.03 (in line with 1Q 2025). Revenue: ₹32.4m (up 3.3% from 1Q 2025). Net income: ₹2.64m (down 14% from 1Q 2025). Profit margin: 8.1% (down from 9.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 23
Smiths & Founders (India) Limited to Report Q1, 2026 Results on Jul 31, 2025 Smiths & Founders (India) Limited announced that they will report Q1, 2026 results on Jul 31, 2025 New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹605.9m market cap, or US$6.99m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Revenue is less than US$5m (₹132m revenue, or US$1.5m). Tillkännagivande • May 01
Smiths & Founders (India) Limited to Report Q4, 2025 Results on May 07, 2025 Smiths & Founders (India) Limited announced that they will report Q4, 2025 results on May 07, 2025 Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹6.81, the stock trades at a trailing P/E ratio of 52.9x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 35% over the past three years. Reported Earnings • Feb 04
Third quarter 2025 earnings released: EPS: ₹0.037 (vs ₹0.009 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.037 (up from ₹0.009 in 3Q 2024). Revenue: ₹32.4m (up 10% from 3Q 2024). Net income: ₹3.74m (up 284% from 3Q 2024). Profit margin: 12% (up from 3.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹7.88, the stock trades at a trailing P/E ratio of 77.5x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 98% over the past three years. Buy Or Sell Opportunity • Nov 18
Now 19% overvalued after recent price rise Over the last 90 days, the stock has risen 4.9% to ₹7.51. The fair value is estimated to be ₹6.31, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has declined by 51%. Reported Earnings • Nov 18
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₹36.5m (up 55% from 2Q 2024). Net income: ₹3.61m (up 326% from 2Q 2024). Profit margin: 9.9% (up from 3.6% in 2Q 2024). The increase in margin was driven by higher revenue. New Risk • Oct 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹786.4m market cap, or US$9.38m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Revenue is less than US$5m (₹115m revenue, or US$1.4m). Tillkännagivande • Sep 04
Smiths & Founders (India) Limited, Annual General Meeting, Sep 30, 2024 Smiths & Founders (India) Limited, Annual General Meeting, Sep 30, 2024, at 11:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹0.03 (vs ₹0.02 in 1Q 2024) First quarter 2025 results: EPS: ₹0.03 (up from ₹0.02 in 1Q 2024). Revenue: ₹31.4m (down 3.1% from 1Q 2024). Net income: ₹3.08m (up 70% from 1Q 2024). Profit margin: 9.8% (up from 5.6% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 05
Smiths & Founders (India) Limited to Report Q1, 2025 Results on Aug 12, 2024 Smiths & Founders (India) Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹0.062 (vs ₹0.02 in FY 2023) Full year 2024 results: EPS: ₹0.062 (up from ₹0.02 in FY 2023). Revenue: ₹117.7m (up 13% from FY 2023). Net income: ₹6.34m (up 161% from FY 2023). Profit margin: 5.4% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 89% per year, which means it is well ahead of earnings. Tillkännagivande • May 24
Smiths & Founders (India) Limited to Report Q4, 2024 Results on May 30, 2024 Smiths & Founders (India) Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Jan 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$10m (₹607.9m market cap, or US$7.31m). Minor Risk Revenue is less than US$5m (₹113m revenue, or US$1.4m). Reported Earnings • Jan 30
Third quarter 2024 earnings released: EPS: ₹0.01 (vs ₹0.005 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.01 (up from ₹0.005 in 3Q 2023). Revenue: ₹29.6m (up 11% from 3Q 2023). Net income: ₹974.0k (up 47% from 3Q 2023). Profit margin: 3.3% (up from 2.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 91% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 22
Smiths & Founders (India) Limited to Report Q3, 2024 Results on Jan 29, 2024 Smiths & Founders (India) Limited announced that they will report Q3, 2024 results on Jan 29, 2024 Tillkännagivande • Nov 04
Smiths & Founders (India) Limited to Report Q2, 2024 Results on Nov 10, 2023 Smiths & Founders (India) Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Tillkännagivande • Sep 04
Smiths & Founders (India) Limited, Annual General Meeting, Sep 27, 2023 Smiths & Founders (India) Limited, Annual General Meeting, Sep 27, 2023, at 11:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2023; to appoint Director in place of Mr. Suresh Shastry; and to consider Appointment of Mr. Hemachandra as Independent Director. Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: ₹0.02 (vs ₹0.01 in 1Q 2023) First quarter 2024 results: EPS: ₹0.02 (up from ₹0.01 in 1Q 2023). Revenue: ₹32.5m (up 37% from 1Q 2023). Net income: ₹1.82m (up 81% from 1Q 2023). Profit margin: 5.6% (up from 4.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 05
Smiths & Founders (India) Limited to Report Q1, 2024 Results on Aug 12, 2023 Smiths & Founders (India) Limited announced that they will report Q1, 2024 results on Aug 12, 2023 New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹345.8m market cap, or US$4.22m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (2.3% net profit margin). Revenue is less than US$5m (₹105m revenue, or US$1.3m). Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹0.02 (vs ₹0.14 in FY 2022) Full year 2023 results: EPS: ₹0.02 (down from ₹0.14 in FY 2022). Revenue: ₹104.8m (down 5.0% from FY 2022). Net income: ₹2.43m (down 83% from FY 2022). Profit margin: 2.3% (down from 13% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 71% per year. Tillkännagivande • May 20
Smiths & Founders (India) Limited to Report Q4, 2023 Results on May 27, 2023 Smiths & Founders (India) Limited announced that they will report Q4, 2023 results on May 27, 2023 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹3.64, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 443% over the past three years. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.005 (vs ₹0.05 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.005 (down from ₹0.05 in 3Q 2022). Revenue: ₹26.6m (up 8.7% from 3Q 2022). Net income: ₹664.0k (down 88% from 3Q 2022). Profit margin: 2.5% (down from 23% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 88% per year whereas the company’s share price has increased by 89% per year. Tillkännagivande • Feb 01
Smiths & Founders (India) Limited to Report Q3, 2023 Results on Feb 09, 2023 Smiths & Founders (India) Limited announced that they will report Q3, 2023 results on Feb 09, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.04 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.01 (down from ₹0.04 in 2Q 2022). Revenue: ₹27.1m (down 18% from 2Q 2022). Net income: ₹753.0k (down 83% from 2Q 2022). Profit margin: 2.8% (down from 14% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has increased by 159% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 19% share price gain to ₹6.42, the stock trades at a trailing P/E ratio of 49.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 2,114% over the past three years. Tillkännagivande • Nov 06
Smiths & Founders (India) Limited to Report Q2, 2023 Results on Nov 12, 2022 Smiths & Founders (India) Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 22% share price gain to ₹5.33, the stock trades at a trailing P/E ratio of 40.8x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 1,804% over the past three years. Tillkännagivande • Sep 29
Smiths & Founders (India) Limited Appoints R. Ramesh Rao as an Independent Director Smiths & Founders (India) Limited at its AGM held on September 29, 2022, approved the appointment of Mr. R. Ramesh Rao as an Independent Director. Tillkännagivande • Sep 08
Smiths & Founders (India) Limited, Annual General Meeting, Sep 29, 2022 Smiths & Founders (India) Limited, Annual General Meeting, Sep 29, 2022, at 11:00 Indian Standard Time. Agenda: To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2022 and the Reports of the Board of Directors and Auditors thereon; to appoint a Director in place of Mrs. Shailaja Suresh who retires by rotation and being eligible, offers herself for re-appointment; and to discuss other matters. Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹0.01 (vs ₹0.02 in 1Q 2022) First quarter 2023 results: EPS: ₹0.01 (down from ₹0.02 in 1Q 2022). Revenue: ₹23.9m (down 7.2% from 1Q 2022). Net income: ₹1.01m (down 54% from 1Q 2022). Profit margin: 4.2% (down from 8.5% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has increased by 195% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 04
Smiths & Founders (India) Limited to Report Q1, 2023 Results on Aug 10, 2022 Smiths & Founders (India) Limited announced that they will report Q1, 2023 results on Aug 10, 2022 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹6.10, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 970% over the past three years. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Independent & Non-Executive Director Shailaja Suresh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improved over the past week After last week's 25% share price gain to ₹5.63, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 838% over the past three years. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Non-Independent & Non-Executive Director Shailaja Suresh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹5.04, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 546% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₹5.52, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 542% over the past three years. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.05 (up from ₹0.03 in 3Q 2021). Revenue: ₹26.8m (up 5.4% from 3Q 2021). Net income: ₹5.61m (up 93% from 3Q 2021). Profit margin: 21% (up from 12% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 93% per year whereas the company’s share price has increased by 98% per year. Tillkännagivande • Feb 03
Smiths & Founders (India) Limited to Report Q3, 2022 Results on Feb 09, 2022 Smiths & Founders (India) Limited announced that they will report Q3, 2022 results on Feb 09, 2022 Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 22% share price gain to ₹4.88, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 430% over the past three years. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹0.04 (vs ₹0.03 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: ₹33.2m (up 64% from 2Q 2021). Net income: ₹4.46m (up 42% from 2Q 2021). Profit margin: 14% (down from 16% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 70% per year whereas the company’s share price has increased by 66% per year. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹4.04, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 446% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 26% share price gain to ₹4.13, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 11x in the Metals and Mining industry in India. Total returns to shareholders of 535% over the past three years. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹3.22, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 395% over the past three years. Reported Earnings • Aug 02
First quarter 2022 earnings released: EPS ₹0.02 (vs ₹0.02 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹25.8m (up 122% from 1Q 2021). Net income: ₹2.18m (up ₹4.36m from 1Q 2021). Profit margin: 8.4% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹1.28, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 97% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹1.02, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 57% over the past three years. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS ₹0.07 (vs ₹0.10 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹88.2m (up 9.1% from FY 2020). Net income: ₹6.82m (up ₹17.5m from FY 2020). Profit margin: 7.7% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • May 14
Whole-Time Director has left the company On the 5th of May, Supriya Shastry's tenure as Whole-Time Director ended after 7.1 years in the role. As of December 2020, Supriya personally held 18.63m shares (₹14m worth at the time). Supriya is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 04
Third quarter 2021 earnings released: EPS ₹0.03 (vs ₹0.05 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹25.9m (up 57% from 3Q 2020). Net income: ₹2.91m (up ₹7.89m from 3Q 2020). Profit margin: 11% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 26
Smiths & Founders (India) Limited to Report Q3, 2021 Results on Feb 03, 2021 Smiths & Founders (India) Limited announced that they will report Q3, 2021 results on Feb 03, 2021 Is New 90 Day High Low • Nov 25
New 90-day low: ₹0.63 The company is down 7.0% from its price of ₹0.68 on 27 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 8.0% over the same period. Reported Earnings • Nov 09
Second quarter 2021 earnings released: EPS ₹0.03 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹24.1m (up 7.3% from 2Q 2020). Net income: ₹3.13m (up ₹5.54m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 16
New 90-day high: ₹0.70 The company is up 13% from its price of ₹0.62 on 15 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 10.0% over the same period. Tillkännagivande • Jun 28
Smiths & Founders (India) Limited to Report Q4, 2020 Results on Jun 27, 2020 Smiths & Founders (India) Limited announced that they will report Q4, 2020 results on Jun 27, 2020 
