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Smiths & Founders (India) Limited (513418) Fair Value & Analysis

Other · IN · Market cap ₹59.2M

SF Smiths & Founders (India) Limited 513418 · BSE
Price₹13.67
Fair Value₹25.62
Upside+87.4%
Quality71/100
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Healthy Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
Ranks above peers (9/9)
Evidence: High Range ₹19.97 – ₹33.71 Share as image

Fair value as of: Aug 9, 2026

From 23 valuation models · updated 4 days ago

Fair value updated Aug 9, 2026, revised from ₹29.55 to ₹25.62 (−13.3%) since Jul 4, 2026. Share price +43.0% over the past month.

A solid business, screening 87% undervalued on our models.

What matters now

  • The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (₹19.97). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

₹14.22 ₹0.6000 Fair Value ₹25.62 Aug 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range ₹0.6000 – ₹14.22 · fair‑value band ₹19.97 – ₹33.71 · the ₹13.67 price screens below the ₹25.62 fair value. Dashed = 300-day average. As of Aug 9, 2026.

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Analysis

Smiths & Founders (India) Limited (513418) currently trades at ₹13.67, while our model-based Fair Value estimate is ₹25.62, implying the stock looks roughly 87.4% undervalued today. The Quality Score stands at 71/100 (solid quality), in the Other sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Net debt stands at ₹3.8M. Fundamentals as of Aug 9, 2026

Our scenario range runs from ₹19.97 (bear case) to ₹33.71 (bull case); at ₹13.67, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 260% above its 52-week low. For context, the median of 10 Other peers we cover trades at -22% fair-value upside, at 87%, 513418 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹38.09 ₹50.82 ₹66.09 80
Rev-Margin DCF ₹28.37 ₹39.92 ₹53.72 74
ROIC Compounder ₹16.44 ₹18.03 ₹19.32 72
All 23 models by family
DCF Models
FCF DCF ₹38.18 ₹53.20 ₹72.53 38
5Y Revenue Exit ₹28.37 ₹39.49 ₹53.25 39
5Y EBITDA Exit ₹28.24 ₹39.24 ₹51.74 41
5Y P/E Exit ₹38.49 ₹58.78 ₹80.22 38
10Y Revenue Exit ₹31.87 ₹42.26 ₹55.67 36
10Y EBITDA Exit ₹32.22 ₹42.11 ₹54.66 37
10Y P/E Exit ₹37.86 ₹53.82 ₹73.56 35
Earnings-Based
Graham-Dodd ₹21.42 ₹73.48 ₹98.63 54
Lynch FV ₹16.93 ₹24.19 ₹31.45 50
PEG = 1.0 ₹16.93 ₹24.19 ₹31.45 46
EPV ₹16.44 ₹18.03 ₹19.32 59
Multiples
P/E Multiple ₹40.16 ₹53.54 ₹66.93 63
P/S Multiple ₹36.34 ₹48.46 ₹60.57 58
P/B Multiple ₹40.16 ₹53.54 ₹66.93 55
EV/EBIT ₹24.83 ₹32.04 ₹39.25 53
EV/EBITDA ₹23.02 ₹29.64 ₹36.25 54
EV/Revenue ₹21.94 ₹29.98 ₹38.02 43
Asset-Based
NCAV (Graham) ₹24.61 ₹32.97 ₹49.22 50
Growth DCF
Growth DCF ₹38.09 ₹50.82 ₹66.09 80
Rev-Margin DCF ₹28.37 ₹39.92 ₹53.72 74
Economic Profit
Residual Income ₹35.22 ₹35.13 ₹31.95 61
ROIC Compounder ₹16.44 ₹18.03 ₹19.32 72
Growth Earnings
Growth-Adj P/E ₹35.35 ₹50.49 ₹65.64 68

Widest divergence: Growth Earnings (₹50.49) versus Economic Profit (₹18.03). Highest evidence: Growth DCF (80).

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Key figures & financial health

Free cash flow ₹17.8M FY2025
EPS (TTM) ₹-0.1018
Net debt ₹3.8M FY2025

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 68 · Market factors (momentum, volatility) 69

Profitability 42
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 96
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Smiths & Founders (India) Limited manufactures and sells closed die steel forgings, cast iron castings, and cast iron cylinder liners in India and internationally.

Full company description

Smiths & Founders (India) Limited manufactures and sells closed die steel forgings, cast iron castings, and cast iron cylinder liners in India and internationally. Its forgings include automobile components, including rocker arms, connecting rods, tie rod ends yokes, spiders, clutch hubs, clutch release levers, clevis, clutch plates, pressure plates, etc.; and general engineering products, such as gear blanks, wheel dressers, insulator pins, insulator hooks, tool holders, shackles, rotating eyes, chain links, and other products. The company's forgings also comprise hydraulic forgings comprising valve bodies, rod eye ends, elbows, ports, etc.; mining tools, which include coal augurs, rotary drill bits, mining picks, bit holders, pick holders, etc.; and agricultural implements consisting of rotary tines, rotovator shovels, cultivator blades, etc. Its castings include cylinder liners for various automotive vehicles, compressors, diesel generators, oil engines, tractors, tillers, etc.; and wear rings. The company was formerly known as Shimoga Technologies Limited and changed its name to Smiths & Founders (India) Limited in March 2014. Smiths & Founders (India) Limited was founded in 1982 and is based in Bengaluru, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Smiths & Founders (India) Limited reported revenue of ₹140M in FY2026 versus ₹110M in FY2022, a compound +6.1%/yr. Reported net income was ₹13.6M in FY2026, compounding −1.5%/yr from FY2022.

Growth Quality 80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹140M
Latest YoY
+5.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.7%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.3%
Revenue +6.1%/yr
FY22 ₹110M
FY23 ₹105M
FY24 ₹117M
FY25 ₹132M
FY26 ₹140M
Net income −1.5%/yr
FY22 ₹14.5M
FY23 ₹2.4M
FY24 ₹6.3M
FY25 ₹10.5M
FY26 ₹13.6M

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Cite: Fair Value Calculator (2026). "Smiths & Founders (India) Limited Fair Value". https://www.fairvalue-calculator.com/stock/513418

Peer Group

Other · 394 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 71 · Top 25%
Fair Value upside +87% · Top 25%
Return on assets 0% · Top 25%
Net margin (TTM) 0% · Above median
Operating margin (TTM) 0% · Above median
Revenue growth 0% · Top 25%

Valuation Multiples vs Other median · lower = cheaper

P/FCF 0.0× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 9
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 97
DIVIDEND 0 · sector 0

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is Smiths & Founders (India) Limited (513418) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of ₹25.62 versus a price of ₹13.67, about +87% (undervalued).
What is the fair value of 513418?
Our model-based fair value for Smiths & Founders (India) Limited is ₹25.62 (as of Aug 9, 2026), built from audited fundamentals. The current price is ₹13.67.
What is the quality score of 513418?
Smiths & Founders (India) Limited has a Quality Score of 71/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of 513418?
The net profit margin of Smiths & Founders (India) Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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