Smiths & Founders (India) Ltd Directors Report

Dear Members,

Your Directors present the Thirty Fourth Annual Report, together with the Audited Statements of Account for the financial year ended March 31, 2025.

1. FINANCIAL RESULTS

During the year under review the Company has achieved the following financial results:

(Rs.in lakhs)

2. OVERVIEW OF COMPANY PERFORMANCE:

During the year under review sales has registered an increase of 13.32% compared to previous year. The profit has increased due to increase in turnover and decrease in Finance Costs and Direct Expenses.

31. STATUTORY INFORMATION

The information on conservation of energy, technology absorption and foreign exchange earnings and outgo pursuant to Section 134 (3)(m) of the Companies Act, 2013, read with Rule 8(3) of the Companies (Accounts) Rules, 2014 is given in Annexure-E , which forms part of this Report.

There were no employees employed throughout the year who were in receipt of remuneration of Rs.1.02 Crore per annum or more. There were no employees employed for part of the year who were in receipt of remuneration of Rs.8.50 Lakhs per month or more. During the year under review the Company had 56 employees.

The information required under Section 197(12) of the Companies Act, 2013 read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and forming part of the Directors Report for the year ended March 31, 2025 is given in Annexure-F to this Report.

32. ACKNOWLEDGEMENTS:

Your Directors wish to place on record their appreciation, for the contribution made by the employees at all levels, but for whose hard work and support, your Companys achievements would not have been possible. Your Directors also wish to thank its Members, Government Authorities, Banks, Customers and Vendors for their sustained support to the Company.