Substrate Artificial Intelligence SA Stock Price Today (NSE: SAI)

Substrate Artificial Intelligence SA

28.00+0.00 (+0.00%)
Market Closed

Fundamental Score

...

Substrate Artificial Intelligence SA Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Substrate Artificial Intelligence SA share price today is 28.00, up +0.00% on NSE/BSE as of 17 June 2026. Substrate Artificial Intelligence SA (SAI) is a Small-cap company in the Household Appliances sector with a market capitalisation of 46.39 (Cr). The 52-week high for SAI share price is 40.00 and the 52-week low is 24.20. At a P/E ratio of 8.33x, SAI is currently trading below its industry average P/E of 51.54x. The company has a Return on Equity (ROE) of 17.76% and a debt-to-equity ratio of 0.12.

Substrate Artificial Intelligence SA Share Price Chart — NSE/BSE Historical Performance

No data
High
32.80
Low
24.20
Volume
8.6K
Change
-12.09%

Substrate Artificial Intelligence SA share price chart: -12.09% return over the past month. 52-week high ₹40.00, 52-week low ₹24.20.

Substrate Artificial Intelligence SA — Last 10 Trading Days

DateOpenHighLowCloseVolume
30.0030.0028.0028.006.00K (Cr)
29.4032.4028.5029.6624.00K (Cr)
29.4030.7827.0027.0020.00K (Cr)
25.2125.6524.2025.656.00K (Cr)
25.5025.5025.5025.504.00K (Cr)
25.5927.0025.5926.506.00K (Cr)
29.2529.2526.4927.0012.00K (Cr)
28.7928.7928.7828.784.00K (Cr)
27.0627.1027.0627.1012.00K (Cr)
26.8427.9426.8427.944.00K (Cr)

Substrate Artificial Intelligence SA — Last 12 Months Price History

MonthOpenHighLowCloseChange
32.3032.4024.2028.00-13.31%
34.9936.9028.3032.00-8.55%
33.9140.0030.6034.91+2.95%
32.5035.2531.0033.00+1.54%
36.8537.0030.0032.26-12.46%
36.5037.9832.5034.89-4.41%
35.2037.4032.0136.20+2.84%
35.0935.8033.4035.21+0.34%

AI Research Briefing

Powered by Gemini · 2026-04-08

Stainless steel kitchenware company attempting an AI rebrand; expect a painful reality check.

Research Confidence
8.0/10High
OPERATOR-DRIVENConsolidation: 1M: 6.03%, 3M: 0.29%, 6M: -3.34%Expensive: P/E of 8.33x vs. an industry P/E of 51.54x, but misleading due to potentially unsustainable earnings.

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

Recent news indicates positive developments for Substrate AI. Subgen AI announced the final outcome of its voluntary public offer to shareholders of its Spanish subsidiary, Substrate AI, and resolved on a directed issue of 291,284,082 ordinary shares with payment in kind. Prior to that, Subgen AI announced the preliminary outcome of the offer and declared the condition for completion fulfilled.

CORE STORY (THE REAL GAME)

This is a micro-cap household appliance play attempting an AI re-brand via a Spanish subsidiary acquisition. The market is likely pricing in a potential re-rating based on the AI narrative, not the core stainless steel business.

Why Now
  • AI narrative gaining traction
  • Acquisition news driving short-term momentum
  • Micro-cap volatility
Potential Catalysts
  • Concrete AI integration into products
  • Significant order wins related to AI applications
  • Improved promoter holding
Key Risks
  • Illiquidity risk (Micro/SME cap)
  • Promoter selling (down 9.11%)
  • Unproven AI integration
  • Low margin core business
Institutional Activity

Promoter selling indicates a lack of confidence in the company's future prospects.

Macro Context

Household appliance sector faces headwinds from fluctuating raw material prices and intense competition.

Cash Flow Quality

No Free Cash Flow reported in the last 5 years.

3–6 Month Outlook

Expect a correction as the AI hype fades and the company fails to deliver meaningful AI-driven growth. Focus will shift back to the low-margin stainless steel business.

Primary Thesis Risk

Failure to deliver on AI promises will lead to a significant de-rating.

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

Returns & Performance

Good

Return on Equity (ROE)

17.76%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

19.27%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Substrate Artificial Intelligence SA Valuation Check

Excellent

Price to Earnings (P/E)

8.33x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

51.54x

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

53.04%

% 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)

110.71%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

8.98%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.12x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

25.35x

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

Free Cash Flow (5-Year Total)

N/A

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

Substrate Artificial Intelligence SA Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

8 factors identified

Strong Return on Equity (17.76%)

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 (19.27%)

Observation: Superior returns on capital employed across business operations.

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

Attractive Valuation (P/E: 8.33 vs Industry: 51.54)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (110.71%)

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

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

Conservative Debt Levels (D/E: 0.12)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (25.35x)

Observation: Earnings comfortably cover interest obligations.

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

Balanced Promoter Holding (53.04%)

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

1 factors identified

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.

Substrate Artificial Intelligence SA vs Household Appliances Peers

Peer Comparison - Household Appliances

Compare Substrate Artificial Intelligence SA 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
24.7/100
28
₹46.39
8.3
Average
17.76%
Good
19.27%
Good
0.1
Excellent
0.00%
30.5/100
1228
₹45013.56
82.2
Average
13.47%
Average
17.64%
Good
0.3
Excellent
8.60%
Good
15.01%
Excellent
0.51%
Blue Star Ltd...
BLUESTARCO500067
48.8/100
1545
₹36379.42
67.8
Average
20.62%
Excellent
26.20%
Excellent
0.3
Excellent
32.21%
Excellent
17.43%
Excellent
0.51%
25.7/100
7624
₹24832.20
111.4
Average
11.28%
Average
14.49%
Average
0.8
Good
8.93%
Good
20.27%
Excellent
0.00%
33.6/100
273
₹16902.73
34.7
Average
17.40%
Good
19.01%
Good
0.1
Excellent
2.29%
Average
11.71%
Good
1.14%
49.8/100
300
₹14870.70
51.2
Average
15.85%
Good
19.50%
Good
0.1
Excellent
10.56%
Good
17.38%
Excellent
0.44%
48.5/100
446
₹12605.06
68.5
Average
3.69%
Poor
5.04%
Poor
0.0
Excellent
182.53%
Excellent
172.07%
Excellent
0.00%
33/100
831
₹12507.54
36.9
Average
9.26%
Poor
12.63%
Average
0.0
Excellent
-6.28%
Poor
5.73%
Good
0.50%
41.2/100
541
₹8770.98
54.3
Average
7.42%
Poor
11.55%
Average
0.1
Excellent
-5.42%
Poor
5.54%
Good
0.94%
65.6/100
1247
₹6791.22
51.5
Average
16.25%
Good
19.85%
Good
0.2
Excellent
37.29%
Excellent
14.14%
Good
0.00%
Symphony Ltd...
SYMPHONY517385
48.1/100
689
₹5956.91
34.8
Average
32.36%
Excellent
36.80%
Excellent
0.0
Excellent
5.82%
Good
7.40%
Good
1.50%

Substrate Artificial Intelligence SA PE Ratio History

Historical price-to-earnings ratio for SAI — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20243.27₹46.4714.2x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Substrate Artificial Intelligence SA Quarterly Performance

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

Revenue Growth (YoY)

8.98%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

110.71%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Substrate Artificial Intelligence SA Technical Indicators

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

40RSI 14
Neutral — RSI 40

Momentum is balanced — neither overbought nor oversold.

SMA 50
32
▼ Price below SMA 50 — Short-term bearish
SMA 200
35
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
7K shares/day
Average daily traded volume over last 30 trading sessions

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

Substrate Artificial Intelligence SA Financial Statements

Annual income statement, balance sheet and cash flow for Substrate Artificial Intelligence SA (SAI) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Substrate Artificial Intelligence SA

About SAI (Substrate Artificial Intelligence SA)

Substrate Artificial Intelligence SA is poised to revolutionize the landscape of household appliances by embedding sophisticated AI models directly into the device's core functiona...lity. Unlike traditional AI which relies on cloud connectivity, SAI operates on-device, enabling appliances to learn and adapt to user preferences in real-time, without compromising data privacy. Imagine a refrigerator that autonomously manages its inventory based on consumption patterns, suggests recipes using available ingredients, and proactively orders groceries when supplies are low, all while learning your dietary restrictions and favorite foods. Similarly, a washing machine equipped with SAI could intelligently analyze fabric types and stain severity to optimize washing cycles, saving energy and water while preserving the integrity of your clothes. This localized intelligence also unlocks unprecedented levels of responsiveness and efficiency. Instead of waiting for data to be transmitted to a remote server and analyzed, SAI-powered appliances can react instantly to changing conditions. For example, a smart oven could automatically adjust the temperature based on real-time feedback from embedded sensors, ensuring perfectly cooked meals every time. A robotic vacuum cleaner could dynamically adapt its cleaning route based on obstacles and foot traffic, maximizing coverage and minimizing disruption. Furthermore, SAI can enhance the longevity of appliances by proactively identifying and addressing potential maintenance issues before they escalate into costly repairs, alerting the user of any necessary repairs or replacements. The integration of SAI extends beyond convenience, fostering a more sustainable and resource-conscious home. By optimizing energy consumption, reducing waste, and promoting responsible usage, SAI-enabled appliances contribute to a smaller environmental footprint. Imagine a dishwasher that intelligently adjusts water usage based on the load size and soil level, or a smart thermostat that learns your heating and cooling preferences to minimize energy waste. SAI also paves the way for more personalized and intuitive user experiences, transforming everyday chores into seamless and effortless interactions. This paradigm shift promises not just smarter appliances, but a smarter way of living, empowering users to live more efficiently and sustainably. Rewritten Plain Text: Synergy Home Innovations Limited (SHIL) specializes in the distribution and branding of premium kitchen and home solutions across domestic markets. SHIL's core business revolves around sourcing, marketing, and distributing a broad array of products, encompassing cookware, bakeware, storage solutions, and small electric appliances. The company focuses on forging strong partnerships with international manufacturers, enabling it to offer high-quality, innovative products under its flagship brand, "EverGleam". Beyond its own brand, SHIL also acts as a distributor for select overseas brands, granting access to a wider portfolio of specialized products. This includes high-end cutlery sets, specialized grilling equipment, and advanced food preparation tools. SHIL operates through a network of distributors, retailers, and online channels, ensuring broad market coverage. The company also provides extensive after-sales service, further strengthening the customer relationship and enhancing the overall brand experience. SHIL actively seeks out new and inventive products to enrich their selection.

Company Details

Symbol:SAI
Industry:Household Appliances
Sector:Household Appliances

Key Leadership

Mr. Nipun Anantlal Bhagat
MD and Non-Independent & Executive Chairman
Ms. Kashmira Dhirajbhai Mehta
CFO & Whole Time Executive Director
Ms. Vidhi Dilipkumar Mehta
Company Secretary & Compliance Officer

SAI Share Price: Frequently Asked Questions

What is the current share price of Substrate Artificial Intelligence SA?

Substrate Artificial Intelligence SA (SAI) trades at ₹28.00 on NSE and BSE. Market cap ₹46.39 (Cr). Educational data only.

What is the P/E ratio of Substrate Artificial Intelligence SA?

Substrate Artificial Intelligence SA has a P/E of 8.33x vs industry average 51.54x.

What is the Bull Run score for Substrate Artificial Intelligence SA?

Substrate Artificial Intelligence SA has a Bull Run score of 24.7/100 based on 25+ financial parameters.

Does Substrate Artificial Intelligence SA pay dividends?

Substrate Artificial Intelligence SA has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Substrate Artificial Intelligence SA?

Substrate Artificial Intelligence SA has ROE of 17.76%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Substrate Artificial Intelligence SA?

Substrate Artificial Intelligence SA has debt-to-equity of 0.12.

Is Substrate Artificial Intelligence SA a good investment?

Bull Run gives Substrate Artificial Intelligence SA a score of 24.7/100. This is not investment advice — consult a SEBI-registered advisor.