Indo SMC
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Indo SMC received an updated Crisil Ratings monitoring report covering its IPO proceeds for the quarters ended March 31 and June 30, 2026. By June 30, the company had used ₹39.80 crore of ₹84.60 crore in net proceeds, including ₹1.21 crore for machinery and ₹38.59 crore for working capital, while ₹44.80 crore remained invested in fixed deposits. The report also covered the March-quarter period for which Crisil had issued an issuer-non-cooperative report after the company failed to provide the required documents and clarifications. Only ₹0.92 crore had been spent on machinery by March against ₹10 crore planned for FY26, rising to ₹1.21 crore by June; the company attributed the delay to the non-placement of major capex orders, procurement lead times and metal-price volatility. Indo SMC's FY26 revenue was ₹309.74 crore and PAT was ₹32.38 crore.
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Indo SMC received an updated Crisil Ratings monitoring report covering its IPO proceeds for the quarters ended March 31 and June 30, 2026. By June 30, the company had used ₹39.80 crore of ₹84.60 crore in net proceeds, including ₹1.21 crore for machinery and ₹38.59 crore for working capital, while ₹44.80 crore remained invested in fixed deposits. The report also covered the March-quarter period for which Crisil had issued an issuer-non-cooperative report after the company failed to provide the required documents and clarifications. Only ₹0.92 crore had been spent on machinery by March against ₹10 crore planned for FY26, rising to ₹1.21 crore by June; the company attributed the delay to the non-placement of major capex orders, procurement lead times and metal-price volatility. Indo SMC's FY26 revenue was ₹309.74 crore and PAT was ₹32.38 crore.
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Indo SMC Ltd said it received a ₹66.60 crore purchase order on 21 July for the supply of Variable Frequency Drive panels. The order, equivalent to roughly one-fifth of its last full-year revenue, was placed by a prominent Indian engineering firm based in Maharashtra and is to be delivered before 31 July. The VFD panels are enclosed electrical cabinets that regulate the speed and torque of electric motors by adjusting voltage and frequency. Indo SMC stated the repeat order reflects its strong execution track record and long-standing customer relationships. The company has manufacturing units in Gujarat, Maharashtra, and Rajasthan. The order excludes applicable taxes and is not a related-party transaction.
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Indo SMC Ltd said it received a ₹66.60 crore purchase order on 21 July for the supply of Variable Frequency Drive panels. The order, equivalent to roughly one-fifth of its last full-year revenue, was placed by a prominent Indian engineering firm based in Maharashtra and is to be delivered before 31 July. The VFD panels are enclosed electrical cabinets that regulate the speed and torque of electric motors by adjusting voltage and frequency. Indo SMC stated the repeat order reflects its strong execution track record and long-standing customer relationships. The company has manufacturing units in Gujarat, Maharashtra, and Rajasthan. The order excludes applicable taxes and is not a related-party transaction.
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July 22 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - GOT ORDER WORTH 666 MILLION RUPEES FOR SUPPLY OF VFD PANEL
Source text: [ID:]
Further company coverage: IOSM.BO
(([email protected];;))
July 22 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - GOT ORDER WORTH 666 MILLION RUPEES FOR SUPPLY OF VFD PANEL
Source text: [ID:]
Further company coverage: IOSM.BO
(([email protected];;))
May 19 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES PURCHASE ORDER WORTH 90 MILLION RUPEES
Source text: ID:nBSE35qmr1
Further company coverage: IOSM.BO
(([email protected];))
May 19 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES PURCHASE ORDER WORTH 90 MILLION RUPEES
Source text: ID:nBSE35qmr1
Further company coverage: IOSM.BO
(([email protected];))
May 5 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES PURCHASE ORDER WORTH 249.8 MILLION RUPEES
Source text: ID:nBSEYFCNS
Further company coverage: IOSM.BO
(([email protected];;))
May 5 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES PURCHASE ORDER WORTH 249.8 MILLION RUPEES
Source text: ID:nBSEYFCNS
Further company coverage: IOSM.BO
(([email protected];;))
April 22 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES TWO PURCHASE ORDERS WORTH 352.6 MILLION RUPEES
Source text: ID:nBSE7cTnwD
Further company coverage: IOSM.BO
(([email protected];))
April 22 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES TWO PURCHASE ORDERS WORTH 352.6 MILLION RUPEES
Source text: ID:nBSE7cTnwD
Further company coverage: IOSM.BO
(([email protected];))
April 21 (Reuters) - Indo SMC Ltd IOSM.BO:
RECEIVES PURCHASE ORDER WORTH 284.3 MILLION RUPEES
Source text: ID:nBSE9JgPl7
Further company coverage: IOSM.BO
(([email protected];))
April 21 (Reuters) - Indo SMC Ltd IOSM.BO:
RECEIVES PURCHASE ORDER WORTH 284.3 MILLION RUPEES
Source text: ID:nBSE9JgPl7
Further company coverage: IOSM.BO
(([email protected];))
March 11 (Reuters) - Indo SMC Ltd IOSM.BO:
GOT ORDER SIZED 209 MILLION RUPEES
Source text: ID:nBSE51dvjR
Further company coverage: IOSM.BO
(([email protected];;))
March 11 (Reuters) - Indo SMC Ltd IOSM.BO:
GOT ORDER SIZED 209 MILLION RUPEES
Source text: ID:nBSE51dvjR
Further company coverage: IOSM.BO
(([email protected];;))
Feb 11 (Reuters) - Indo SMC Ltd IOSM.BO:
RECEIVES PURCHASE ORDER WORTH 407.7 MILLION RUPEES
Source text: ID:nBSE1sRsm
Further company coverage: IOSM.BO
(([email protected];))
Feb 11 (Reuters) - Indo SMC Ltd IOSM.BO:
RECEIVES PURCHASE ORDER WORTH 407.7 MILLION RUPEES
Source text: ID:nBSE1sRsm
Further company coverage: IOSM.BO
(([email protected];))
Jan 28 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES ORDER WORTH 150.8 MILLION RUPEES
INDO SMC LTD - GETS ORDER WORTH 105.9 MILLION RUPEES
Source text: ID:nBSE88KMKF
Further company coverage: IOSM.BO
(([email protected];))
Jan 28 (Reuters) - Indo SMC Ltd IOSM.BO:
INDO SMC LTD - RECEIVES ORDER WORTH 150.8 MILLION RUPEES
INDO SMC LTD - GETS ORDER WORTH 105.9 MILLION RUPEES
Source text: ID:nBSE88KMKF
Further company coverage: IOSM.BO
(([email protected];))
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Popular questions
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What does Indo SMC do?
INDO SMC is mainly engaged in the design and manufacturing of enclosure box for energy meters, high tension current transformer (HTCT), high tension potential transformer (HTPT), low tension current transformer (LTCT), LT/HT distribution boxes and panels, fiberglass reinforced plastic (FRP) Grating, junction boxes, feeder pillars and other power distribution and circuit protection switchgears.
Who are the competitors of Indo SMC?
Indo SMC major competitors are Aeron Composite, RMC Switchgears. Market Cap of Indo SMC is ₹1,119 Crs. While the median market cap of its peers are ₹177 Crs.
Is Indo SMC financially stable compared to its competitors?
Indo SMC seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Indo SMC pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Indo SMC latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Indo SMC allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable
How strong is Indo SMC balance sheet?
Balance sheet of Indo SMC is strong. But short term working capital might become an issue for this company.
Is the profitablity of Indo SMC improving?
The profit is oscillating. The profit of Indo SMC is ₹12.1 Crs for TTM, ₹15.44 Crs for Mar 2025 and ₹3 Crs for Mar 2024.
Is the debt of Indo SMC increasing or decreasing?
The net debt of Indo SMC is decreasing. Latest net debt of Indo SMC is -₹6.6 Crs as of Mar-26. This is less than Mar-25 when it was ₹30.08 Crs.
Is Indo SMC stock expensive?
There is insufficient historical data to gauge this. Latest PE of Indo SMC is 35.01
Has the share price of Indo SMC grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Indo SMC?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Indo SMC is 60.25% and last quarter promoter holding is 60.25%.
Are mutual funds buying/selling Indo SMC?
There is Insufficient data to gauge this.