Smiths & Founders (India)

Originally a small enterprise from 1982, Smiths & Founders became a company in 1990 to produce forgings and machined parts for various engineering sectors. It aims to adapt to the global shift towards electric and hybrid cars through systematic research and development to capture new opportunities. A core philosophy is to act responsibly towards its shareholders, business partners, employees, society, and the environment. The company's primary business activity is the manufacturing of ferrous forgings, with no other separate reportable segments. It develops its own technology in-house for new products, process improvements, and cost reduction, supported by systems to absorb these innovations. For the financial year 2023-24, the company's net profit was Rs. 62.44 Lakhs, a substantial increase from Rs. 25.43 Lakhs in the previous year.;