What we do Smiths & Founders (India) Ltd manufactures ferrous forgings and machined components for automobile, agriculture, mining, and engineering sectors, using hot-forging technology. |
Founded in 1,982 |
Market share A notable player in the Indian steel forgings industry with longstanding client relationships. |
Problem solved Provides durable, high-quality forged steel components critical for industrial and automotive applications. |
Top clients or who we serve Serves industrial clients including Widia India, BHEL, automotive and engineering sectors (B2B). |
Key management - |
Our journey and innovations Established 1982, evolved through mergers including Shimoga Forge, developed Banking Software in 2000-01, overcame financial restructuring post-BIFR approval in 2014. |
Where we operate Primarily India, serving varied industrial sectors nationwide. |
Top products or what we offer Ferrous forgings produced via drop forging and mechanical presses for multiple heavy industries. |
Top brands - |
Raw materials needed Steel and other ferrous metals as base materials for forging. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, aligned with industrial demand cycles. |
Our industry position Mid-sized manufacturer with stable client base and improving financials after restructuring. |
Financial highlights FY2025 revenue Rs 13.22 Cr, net profit Rs 1.05 Cr showing growth on previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Increased sales due to enhanced turnover and reduced finance and direct costs driving profitability. |
Our future plans - |
Our green promise - |
Our people and values Employs 56 staff emphasizing commitment and industry expertise. |
Key challenges ahead Competition, raw material price volatility, and capacity utilization remain concerns. |
Interesting facts Developed proprietary banking software for cooperative sectors in early 2000s. |
Risks and strategy Focus on cost control, client retention, and operational efficiency to mitigate financial risks. |
