SMTEL Stock Price Today (NSE: SMTEL)

SMTEL

418.3042.85 (9.29%)
Market Closed

Fundamental Score

...

SMTEL Share Price — Live NSE/BSE Price, Fundamentals & Analysis

SMTEL share price today is 418.30, down 9.29% on NSE/BSE as of 31 July 2026. SMTEL (SMTEL) is a Small-cap company in the Trading & Distributors sector with a market capitalisation of 763.91 (Cr). The 52-week high for SMTEL share price is 513.45 and the 52-week low is 27.85. At a P/E ratio of 33.10x, SMTEL is currently trading above its industry average P/E of 21.65x. The company has a Return on Equity (ROE) of 25.17% and a debt-to-equity ratio of 0.68.

SMTEL Share Price Chart — NSE/BSE Historical Performance

No data
High
513.45
Low
401.00
Volume
803
Change
-2.49%

SMTEL share price chart: -2.49% return over the past month. 52-week high ₹513.45, 52-week low ₹27.85.

SMTEL — Last 10 Trading Days

DateOpenHighLowCloseVolume
416.20460.00416.20418.307.12K (Cr)
461.15461.15461.15461.15547.00 (Cr)
500.00500.00485.40485.401.20K (Cr)
510.90510.90510.90510.90624.00 (Cr)
500.00513.45500.00513.45309.00 (Cr)
466.00489.30466.00489.00967.00 (Cr)
466.00466.00458.00466.00736.00 (Cr)
440.00443.85440.00443.85387.00 (Cr)
425.90445.00418.00443.90131.00 (Cr)
418.10439.00418.10428.00392.00 (Cr)

SMTEL — Last 12 Months Price History

MonthOpenHighLowCloseChange
442.05513.45401.00418.30-5.37%
368.75467.95368.00421.00+14.17%
478.00488.25349.50351.20-26.53%
389.00479.00375.15470.00+20.82%
431.00494.85395.00409.15-5.07%
296.15422.55296.15422.55+42.68%
199.65290.35199.65290.35+45.43%
134.80195.75134.80195.75+45.22%
92.62132.1892.62132.18+42.71%
62.3990.8162.3990.81+45.55%
41.2561.1741.2561.17+48.29%
28.4040.4528.4040.45+42.43%

AI Research Briefing

Powered by Gemini · 2026-04-09

SMTEL is a micro-cap commodity trading play with unsustainable growth and massive downside risk.

Research Confidence
8.0/10High
MICRO-CAP DARK HORSEMassive rally: 1M: 48.44%, 3M: 226.79%, 6M: 793.9%. Overbought territory.Cheap relative to industry P/E, but expensive considering the inherent risks.

WHAT'S HAPPENING NOW (last 2-4 weeks)

SMTEL filed its Q4FY26 compliance certificate with BSE Limited on April 8, 2026, confirming proper handling of dematerialisation processes. They also filed their SEBI disclosure under Regulation 31(4) of takeover regulations for FY26 on April 3, 2026, reporting no new encumbrances by the Jaiswal family.

CORE STORY (THE REAL GAME)

SMTEL is being priced as a high-growth commodity trading play, leveraging India's consumption boom in Tier-2/3 cities. The market is betting on continued aggressive revenue growth, ignoring the capital-intensive nature and execution risks inherent in distribution businesses.

Why Now
  • Recent filings confirm regulatory compliance, but offer no new catalysts
  • Extreme YoY sales and profit growth in the latest quarter
  • Discounted P/E relative to industry attracts value hunters
Potential Catalysts
  • Significant commodity price swings
  • Large order wins (unlikely given business)
  • Unexpected slowdown in sales growth
Key Risks
  • Micro/SME cap = liquidity risk
  • Negative free cash flow of ₹-37.54 Cr over 5 years
  • High Debt/Equity ratio of 0.95
Institutional Activity

No FII/DII presence. Promoter holding stable at 73.77%.

Macro Context

India's consumption story is a tailwind, but commodity trading is brutally competitive.

Cash Flow Quality

Profit not converting to cash. Free Cash Flow 5Y: ₹-37.54 Cr.

3–6 Month Outlook

Expect a correction as growth normalizes. Focus on cash flow generation, not just revenue.

Primary Thesis Risk

Unsustainable growth will lead to a valuation collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

25.17%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

25.22%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

21.96%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

SMTEL Valuation Check

Poor

Price to Earnings (P/E)

33.10x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

21.65x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

67.44%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

466.20%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

268.84%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

167.25%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

87.76%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

154.57%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.68x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

9.17x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-119.28 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

SMTEL Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SMTEL across key market metrics for learning purposes.

Positive Indicators

11 factors identified

Strong Return on Equity (25.17%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (25.22%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (21.96%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (466.20%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (268.84%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (167.25% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (87.76% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (154.57% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Interest Coverage (9.17x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (67.44%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Negative Free Cash Flow (₹-119.28 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

SMTEL vs Trading & Distributors Peers

Peer Comparison - Trading & Distributors

Compare SMTEL with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
SMTEL...
SMTEL538563
62.59999999999999/100
418
₹763.91
33.1
Average
25.17%
Excellent
25.22%
Excellent
0.7
Good
154.57%
Excellent
167.25%
Excellent
0.00%
Redington Ltd...
REDINGTON532805
54.7/100
322
₹22057.79
13.9
Average
16.86%
Good
18.39%
Good
0.3
Excellent
15.87%
Excellent
15.91%
Excellent
2.13%
MMTC Ltd...
MMTC513377
40.8/100
63
₹9682.50
96.8
Average
5.23%
Poor
8.66%
Poor
0.0
Excellent
2.89%
Average
-86.37%
Poor
0.00%
MSTC Ltd...
MSTCLTD542597
53.6/100
618
₹4612.62
21.1
Average
26.60%
Excellent
30.27%
Excellent
0.2
Excellent
14.13%
Good
-13.87%
Poor
6.19%
12.9/100
405
₹2670.18
77.7
Average
8.01%
Poor
4.38%
Poor
0.1
Excellent
0.00%
21.4/100
149
₹2312.81
32.0
Average
16.55%
Good
18.18%
Good
0.2
Excellent
0.06%
36.7/100
291
₹1458.56
23.1
Average
5.35%
Poor
5.65%
Poor
0.2
Excellent
0.00%
28.3/100
637
₹941.52
-13.71%
Poor
-11.12%
Poor
0.2
Excellent
47.55%
Excellent
0.00%
28.2/100
26400
₹808.37
15.5
Average
4.05%
Poor
4.13%
Poor
0.0
Excellent
-14.72%
Poor
4.72%
Average
1.90%
42.4/100
121
₹726.66
16.3
Average
25.83%
Excellent
0.00%
45.7/100
300
₹556.74
74.8
Average
6.29%
Poor
8.20%
Poor
0.8
Good
27.94%
Excellent
14.89%
Good
0.00%

SMTEL Quarterly Performance

Latest quarterly metrics for SMTEL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

268.84%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

466.20%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

167.25%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

154.57%

Compounded annual net profit growth over 5 years

SMTEL Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SMTEL — calculated from daily price history

49RSI 14
Neutral — RSI 49

Momentum is balanced — neither overbought nor oversold.

SMA 50
420
▼ Price below SMA 50 — Short-term bearish
SMA 200
300
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

SMTEL Financial Statements

Annual income statement, balance sheet and cash flow for SMTEL (SMTEL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for SMTEL

About SMTEL (SMTEL)

SMTEL is a multifaceted trading and distribution entity operating within the Indian market, primarily focused on commodities trading. The company actively participates in sourcing,... supplying, and distributing various commodities to meet the demands of diverse sectors within the Indian economy. Their operations involve navigating the complexities of commodity markets, managing supply chains, and ensuring timely delivery to clients. Further diversifying their business interests, SMTEL strategically allocates capital towards investments in tangible property assets, equity holdings in publicly traded and private companies, and a portfolio of securities. This investment strategy reflects a commitment to long-term growth and diversification, positioning the company beyond pure commodity trading activities. In addition to physical commodities and traditional financial instruments, SMTEL also engages in investments within the mutual fund sector. This approach suggests a forward-thinking strategy towards capital management, aiming to optimize returns and mitigate risks through diversified financial avenues. By actively managing a portfolio of mutual funds, SMTEL seeks to leverage professional asset management expertise and tap into the potential growth offered by the broader financial markets. This multifaceted approach to investment underlines the company's objective to generate sustainable value and enhance shareholder wealth across a range of different asset classes. Established in 1984 as Adarsh Mercantile Limited, the company underwent a strategic rebranding in June 2025, adopting the name SMT Engineering Limited, signaling a potential shift or expansion in its overall business focus. With its headquarters situated in Indore, India, SMTEL leverages its geographical location to effectively manage its trading and distribution network. The company's long-standing presence in the Indian market demonstrates its resilience and ability to adapt to evolving economic landscapes. SMTEL's history and current operational model reflects a commitment to growth, diversification, and strategic investments across various sectors.

Company Details

Symbol:SMTEL
Industry:Trading & Distributors
Sector:Trading & Distributors

Key Leadership

Mr. Ajay Jaiswal
CFO, MD & Director
Mr. Mohd. Shanawaz Shekh
Company Secretary & Compliance Officer
Mr. Vishal Jaiswal
Additional Whole Time Director

SMTEL Share Price: Frequently Asked Questions

What is the current share price of SMTEL?

SMTEL (SMTEL) trades at ₹418.30 on NSE and BSE. Market cap ₹763.91 (Cr). Educational data only.

What is the P/E ratio of SMTEL?

SMTEL has a P/E of 33.10x vs industry average 21.65x.

What is the Bull Run score for SMTEL?

SMTEL has a Bull Run score of 62.59999999999999/100 based on 25+ financial parameters.

Does SMTEL pay dividends?

SMTEL has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of SMTEL?

SMTEL has ROE of 25.17%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of SMTEL?

SMTEL has debt-to-equity of 0.68.

Is SMTEL a good investment?

Bull Run gives SMTEL a score of 62.59999999999999/100. This is not investment advice — consult a SEBI-registered advisor.