Price
Financials
Consolidated, Rs crore| 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 | 0.00 | 0.00 | 2.55 | 0.46 | 0.11 | 0.37 | 20.09 | 27.13 | 34.13 | 26.88 | 74.10 | 30.93 |
| Expenses | 0.02 | -0.01 | 4.72 | 0.44 | 0.21 | 0.42 | 17.31 | 23.23 | 24.51 | 20.95 | 53.05 | 24.25 |
| Operating Profit | -0.02 | 0.01 | -2.17 | 0.02 | -0.10 | -0.05 | 2.78 | 3.90 | 9.62 | 5.93 | 21.05 | 6.68 |
| OPM % | -85.10% | 4.35% | -90.91% | -13.51% | 13.84% | 14.38% | 28.19% | 22.06% | 28.41% | 21.60% | ||
| Other Income | 0.47 | 0.35 | -2.02 | 0.02 | 0.19 | 0.10 | -0.19 | 0.11 | 0.05 | 0.04 | 0.28 | 0.32 |
| Interest | 0.06 | 0.06 | 0.05 | 0.00 | 0.00 | 0.00 | 0.06 | 0.67 | 0.86 | 1.60 | 1.22 | 1.65 |
| Depreciation | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.21 | 0.23 | 0.25 | 0.32 | 0.41 |
| Profit before tax | 0.39 | 0.30 | -4.26 | 0.04 | 0.09 | 0.05 | 2.53 | 3.13 | 8.58 | 4.12 | 19.79 | 4.94 |
| Tax % | 0.00% | 0.00% | -2.82% | 0.00% | 0.00% | 20.00% | 13.83% | 24.92% | 25.99% | 43.69% | 39.06% | 23.28% |
| Net Profit | 0.52 | 0.40 | -4.65 | 0.11 | 0.15 | 0.04 | 2.17 | 2.35 | 6.35 | 2.32 | 12.06 | 3.81 |
| EPS in Rs | 1.41 | 1.09 | -12.65 | 0.30 | 0.41 | 0.11 | 1.31 | 1.42 | 3.84 | 1.40 | 6.67 | 2.11 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 3 | 21 | 163 | 166 |
| Expenses | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 5 | 18 | 122 | 123 |
| Operating Profit | 0 | 0 | 1 | 0 | -0 | 0 | 0 | 0 | -2 | 3 | 41 | 43 |
| OPM % | 10% | 20% | 41% | 12% | -7% | 7% | 11% | 6% | -86% | 13% | 25% | 26% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | -0 | 1 | 0 | -0 | -0 | -0 | -0 | -2 | 3 | 36 | 37 |
| Tax % | 100% | 100% | 18% | 0% | 0% | 0% | 52% | -6% | 13% | 35% | ||
| Net Profit | 0 | -0 | 1 | -0 | -0 | -0 | 0 | -0 | -2 | 2 | 23 | 25 |
| EPS in Rs | 0.00 | -0.03 | 1.44 | -0.03 | -0.68 | -0.60 | 0.14 | -0.76 | -4.57 | 1.50 | 12.77 | 14.02 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 78% | 167% | 583% | 248% | ||
| Compounded Profit Growth | 102% | 155% | 339% | 425% | ||
| Stock Price CAGR | % | % | % | 450% | ||
| Return on Equity | 13% | 16% | 18% | 25% |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 17 | 18 |
| Reserves | 2 | 2 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 46 | 102 |
| Borrowings | 0 | 1 | 1 | 1 | 3 | 3 | 3 | 4 | 4 | 0 | 52 | 82 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 53 | 64 |
| Total Liabilities | 6 | 7 | 9 | 9 | 11 | 10 | 11 | 11 | 12 | 8 | 167 | 267 |
| Fixed Assets | 0 | 0 | 2 | 2 | 1 | 1 | 3 | 3 | 2 | 0 | 18 | 32 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 21 |
| Investments | 3 | 3 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 1 | 0 | 3 |
| Other Assets | 4 | 4 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 7 | 146 | 210 |
| Total Assets | 6 | 7 | 9 | 9 | 11 | 10 | 11 | 11 | 12 | 8 | 167 | 267 |
| 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 | -1 | -0 | -0 | -0 | -1 | -0 | 1 | -0 | -0 | -8 | -10 | -29 |
| Cash from Investing Activity | 1 | -0 | 0 | 1 | -1 | 0 | -1 | -0 | 0 | 13 | -21 | -56 |
| Cash from Financing Activity | -0 | 1 | -0 | -0 | 2 | 0 | -0 | 0 | -0 | -4 | 53 | 61 |
| Net Cash Flow | 0 | -0 | 0 | -0 | -0 | 0 | 0 | -0 | 0 | 1 | 22 | -24 |
| Free Cash Flow | -0 | -0 | -2 | -1 | -0 | -0 | -0 | -0 | -0 | -6 | -10 | -55 |
| CFO/OP | -518% | -840% | -33% | -26% | -980% | 160% | 1,812% | -291% | -133% | 370% | -296% | -58% |
| 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 | 0 | 0 | 5 | 8 | 91 | 117 | 270 | 0 | 186 | 328 | 370 | 76 |
| Inventory Days | 45 | 148 | 104 | 169 | 255 | 120 | 151 | 208 | 438 | 10 | 1,472 | 417 |
| Days Payable | 0 | 0 | 0 | 17 | 138 | 132 | 402 | 0 | 304 | 71 | 515 | 98 |
| Cash Conversion Cycle | 45 | 148 | 109 | 160 | 208 | 105 | 19 | 208 | 320 | 267 | 1,327 | 395 |
| Working Capital Days | 200 | 285 | 5 | -19 | -780 | 477 | 258 | 442 | 830 | 305 | 1,068 | 264 |
| ROCE % | 1% | 2% | 9% | 1% | -0% | -0% | 1% | 0% | -17% | 4% | 25% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.86% | 74.86% | 74.86% | 74.86% | 74.86% | 74.86% | 0.37% | 73.77% | 73.77% | 73.77% | 67.44% | 67.44% |
| Public | 25.14% | 25.14% | 25.15% | 25.15% | 25.15% | 25.15% | 99.63% | 26.24% | 26.22% | 26.22% | 32.55% | 32.56% |
| No. of Shareholders | 62 | 63 | 65 | 64 | 64 | 62 | 110 | 107 | 116 | 126 | 634 | 807 |
Fundamentals
Market Cap₹ 596 Cr.
Current Price₹ 330
Stock P/E24.3
Book Value₹ 66.7
ROCE25.4 %
ROE25.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)248%
Compounded Profit Growth (TTM)425%
Consolidated figures.
Valuation
Market capRs 597 Cr
Enterprise valueRs 667 Cr
P/E (TTM)24.31x
Price to book4.95x
Price to sales3.59x
EV / EBITDA15.18x
EV / EBIT15.61x
EV / sales4.02x
Earnings yield4.11%
P/E, 3-year average19.33x
P/B, 3-year average2.24x
P/E, 5-year average27.61x
P/B, 5-year average1.47x
Profitability
Operating margin (excl. other income)25.25%
Operating margin (incl. other income)25.35%
EBITDA margin26.48%
Pre-tax margin22.54%
Net profit margin14.78%
Net margin, latest quarter12.32%
ROE25.17%
ROCE25.36%
ROA10.64%
ROE, 3-year average3.16%
ROCE, 3-year average4.15%
ROA, 3-year average-1.33%
ROE, 5-year average1.26%
ROCE, 5-year average2.66%
ROA, 5-year average-1.20%
ROIC (approx.)14.48%
Tax rate35.19%
Other income / net worth0.13%
Growth
Sales growth (latest year)670.47%
Profit growth (latest year)834.41%
Sales CAGR, 3 years583.11%
Sales CAGR, 5 years167.36%
Sales growth QoQ-58.26%
Profit growth QoQ-68.41%
Sales growth YoY (latest quarter)14.01%
Profit growth YoY (latest quarter)62.13%
Per share
EPS (TTM)Rs 13.58
EPS (latest year)Rs 12.77
EPS (latest quarter)Rs 2.11
EPS, 3-year averageRs 3.25
EPS, 5-year averageRs 1.82
Book value per shareRs 66.71
Sales per shareRs 91.89
Cash flow per shareRs -16.17
Free cash flow per shareRs -30.44
Efficiency
Asset turnover0.61x
Fixed asset turnover5.02x
Inventory turnover0.93x
Inventory days392 days
Debtor days76 days
Debtors turnover4.78x
Creditor days98 days
Cash conversion cycle395 days
Working capital days264 days
Leverage
Total debtRs 82 Cr
Cash and bankRs 11 Cr
Net debtRs 71 Cr
Debt to equity0.68x
Net debt / EBITDA1.61x
Interest coverage8.02x
Owners' fund to total sources45.18%
Debt to assets30.77%
Cash flow
Cash from Operating Activity (latest year)Rs -29 Cr
Cash from Investing Activity (latest year)Rs -56 Cr
Cash from Financing Activity (latest year)Rs 61 Cr
Net Cash Flow (latest year)Rs -24 Cr
Free cash flow (latest year)Rs -55 Cr
FCFE (approx.: FCF + change in debt)Rs -24 Cr
Cash from ops / profit, 5 years-2.04x
Statement figures
Net sales (TTM)Rs 166 Cr
Net sales (latest year)Rs 163 Cr
Sales (latest quarter)Rs 31 Cr
Operating profit excl. other income (latest year)Rs 41 Cr
Operating profit (latest quarter)Rs 7 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 44 Cr
PBDT (TTM)Rs 39 Cr
Profit before tax (TTM)Rs 37 Cr
Tax (latest year)Rs 13 Cr
Net profit (TTM)Rs 25 Cr
Net profit (latest year)Rs 23 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 100 Cr
Total expenditure (latest year)Rs 122 Cr
Total income (latest year)Rs 163 Cr
Share capitalRs 18 Cr
ReservesRs 102 Cr
Shareholders' fundsRs 121 Cr
Total assetsRs 267 Cr
Net blockRs 32 Cr
Capital work in progressRs 21 Cr
InvestmentsRs 3 Cr
ReceivablesRs 34 Cr
InventoryRs 107 Cr
Other liabilitiesRs 64 Cr
Shares outstanding (crore)1.81
Ownership
Promoter holding67.44% (-6.33 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 4.95 is at the 66th percentile (median 2.33).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 538563 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.9% | -2.8% | -0.1 pts |
| 1 month | -13.1% | -6.8% | -6.3 pts |
| 3 months | -21.6% | -7.6% | -14.0 pts |
| 3 years | +5393.3% | +14.2% | +5379.2 pts |
| 5 years | +5393.3% | +27.9% | +5365.5 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -197% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 20% of total assets in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹31 Cr +14.0% vs Jun 2025.
Net profit ₹4 Cr +62.1%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of SMT Engineering Ltd?
SMT Engineering Ltd (538563) has a market capitalisation of Rs 596 Cr. at the 2026-10-01 close.
What is the P/E ratio of SMT Engineering Ltd?
SMT Engineering Ltd trades at a P/E of 24.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were SMT Engineering Ltd's latest quarterly results?
In the Jun 2026 quarter, SMT Engineering Ltd sales was Rs 31 Cr (+14.0% vs Jun 2025) and net profit was Rs 4 Cr.