Indo SMC (BSE: INDOSMC) had a P/E of 20.0× on 6 Nov 2026, below the industry P/E of 30.0×, and the shares are 32% below their 52-week high. Its ROCE of 28% is the second-highest among the 7 largest Electrical Equipment & Parts peers. Debt is 0.28× equity. It is listed on an SME platform with a market cap of ₹827 Cr, ranked 51st of 97 Electrical Equipment & Parts companies by market cap; the shares rose 134% over the past year.
- ₹372.00
- ₹374.00
- ₹352.00
- ₹372.90
- 1.2 L
Health check
- ReturnsAhead
+133.9% over a year, better than 7 of 7 peers.
- Price tagCheaper
P/E 20.0 vs industry 30.0.
- GrowthStrong
Sales +248.8%, profit +314.2% a year over 3 years.
- ProfitabilityStrong
ROCE 28.3% vs peer median 22.1%.
- Balance sheetFair
Debt 0.28× equity, interest covered 9.9×, Piotroski 4 of 9.
- Red flags1 to check
32% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹827 Cr
- Small cap
- P/E
- 20.0
- Industry 30.0
- Price to book
- 4.75
- Peers 7.24
- Dividend yield
- 0.00%
- ROE
- 33.9%
- Peers 18.0%
- ROCE
- 28.3%
- Peers 22.1%
- Debt to equity
- 0.28
- Debt ₹49 Cr
- EPS (TTM)
- ₹18.09
- OPM (TTM)
- 12.3%
- Net margin 9.9%
- Sales growth
- +93.7%
- Latest quarter vs a year ago
- Profit growth
- +28.6%
- Latest quarter vs a year ago
- Price to sales
- 1.99
- EV/EBITDA 14.7
Strengths and risks
Strengths
- Return on equity of 33.9%.
- Return on capital employed of 28.3%.
- Quarterly profit up 28.6% on a year ago.
- Quarterly sales up 93.7% on a year ago.
- P/E of 20.0 against an industry P/E of 30.0.
Risks to check
- 32% below its 52-week high.
About Indo SMC
Indo SMC Limited designs, manufactures, and supplies arrays of sheet moulding compounds, fiberglass reinforced plastic and GRP compounds, and composites. It provides distribution systems, feeder pillars, indoor transformers, low tension CTS, metering cubicles, and outdoor transformers; heavy duty tarpaulin, tarpaulin in roll, tarpaulin in size, transperent tarpulin, vergin tarpaulin, and waterproof tarpaulins tarpaulin; FRP pultrusion; tarpaulin for…
- Headquarters
- Ahmedabad
- Employees
- 80
- Sector
- Industrials
- ISIN
- INE0WKY01013
- Website
- indosmc.com
Price range
- Avg volume (3M)
- 79.8K
- 1-year return
- plus 133.9%
- From 52-week high
- minus 32.2%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| INDOSMCIndo SMC | 362.00 | minus 2.92% | 827 | 20.0 | 17.5 | 28.3% | 12.3% | 0.28 | 248.8% | plus 133.9% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +248.8%
- Profit CAGR 3Y
- +314.2%
- ROE
- 33.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.3 | 28 | 139 | 310 | |
| – | +284.3% | +394.7% | +123.3% | |
| 6.1 | 22.9 | 115 | 263 | |
| 1.2 | 5.1 | 23.4 | 46.9 | |
| 17.1% | 18.3% | 16.9% | 15.2% | |
| −0.1 | −0.1 | −0.6 | −0.3 | |
| 0.3 | 1 | 2.8 | 4.6 | |
| 0.2 | 0.4 | 0.8 | 1.4 | |
| – | – | −0.2 | −0.1 | |
| 0.6 | 3.7 | 19 | 40.5 | |
| 27.9% | 18.6% | 11.3% | 20.1% | |
| 0.5 | 3 | 16.8 | 32.4 | |
| – | +559.8% | +460.4% | +92.4% | |
| 0.20 | 1.31 | 7.36 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.7 | 0.7 | 16.7 | 22.9 | |
| 0.5 | 5.1 | 20.1 | 131 | |
| 10.4 | 17.7 | 35.8 | 46.9 | |
| 2.2 | 12.8 | 27.4 | 23.4 | |
| 13.8 | 36.3 | 99.9 | 224 | |
| 6.2 | 8.7 | 23.7 | 29.2 | |
| 0.7 | 1.5 | 7.8 | 8.2 | |
| 0 | 0 | 2.9 | 51.1 | |
| 6.9 | 26 | 65.5 | 136 | |
| 13.8 | 36.3 | 99.9 | 224 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −2.9 | −5.8 | −10.9 | −34.8 | |
| −3.4 | −2.4 | −17.3 | −6.7 | |
| 5.8 | 8.2 | 30.8 | 92.1 | |
| −0.5 | 0 | 2.6 | 50.7 | |
| −3.4 | −2.6 | −17.3 | −6.9 | |
| −6.3 | −8.3 | −28.2 | −41.7 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.