SMITHS & FOUNDERS (INDIA) LIMI

A Bengaluru-based company operates in the castings and forgings segment of the industrial products sector, classified under capital goods. It earned Rs 13.98 crore in net sales in FY26, up 5.8% from the previous year, with Q1 FY27 net sales nearly flat at Rs 322.22 lakh. Net profit for FY26 reached Rs 1.36 crore, lifted by a Rs 92.62 lakh superannuation write-back, while pre-exceptional profit before tax actually declined from Rs 141.52 lakh to Rs 91.92 lakh, indicating underlying margin compression. Materials form the largest cost line at 45.5% of revenue, followed by employee costs at 27.5%. The company carries no non-current borrowings and generated Rs 191.91 lakh in operating cash flow. In June 2026, the board signed an agreement to merge SKF Elixer India Private Limited into the listed entity — an engineering and capital goods firm with Rs 235.45 crore in turnover — for growth and diversification.