About
Solitaire Machine Tools Limited designs, manufactures, and sells precision centerless grinders in India and internationally. The company offers centerless grinders, double disc grinding machines, and BMS machines. It also provides machine commissioning, training, telephonic and on-site service support, and machine spares services, as well as remanufacturing and reconditioning of machines, assemblies, and parts. The company's products are used in automobile, pharmaceuticals, bright bar, aerospace, and engineering industries. It exports its products. The company was incorporated in 1967 and is based in Vadodara, India.
Key Metrics
as of Sep 2026Market Cap39 Cr
P/E37.40
Div Yield1.75 %
Book Value₹31.10
52w High₹141.00
52w Low₹72.20
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Dec 2019 | Sep 2019 | Jun 2019 | Mar 2019 | Dec 2018 | Sep 2018 | Jun 2018 |
|---|---|---|---|---|---|---|---|
| Sales | 2.75 | 2.67 | 3.99 | 5.66 | 1.88 | 5.63 | 2.63 |
| Expenses | 2.14 | 2.26 | 3.18 | 4.58 | 1.50 | 4.86 | 1.87 |
| Operating Profit | 0.61 | 0.41 | 0.81 | 1.08 | 0.38 | 0.77 | 0.76 |
| OPM % | 22.18 | 15.36 | 20.30 | 19.08 | 20.21 | 13.68 | 28.90 |
| Other Income | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 |
| Depreciation | 0.27 | 0.31 | 0.31 | 0.25 | 0.25 | 0.25 | 0.28 |
| Interest | 0.01 | 0.00 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.33 | 0.20 | 0.49 | 0.80 | 0.12 | 0.60 | 0.47 |
| Tax % | 33.33 | 25.00 | 22.45 | 62.50 | 25.00 | 8.33 | 44.68 |
| Net Profit | 0.22 | 0.15 | 0.37 | 0.30 | 0.09 | 0.55 | 0.26 |
| EPS in Rs | 0.48 | 0.33 | 0.81 | 0.66 | 0.20 | 1.21 | 0.57 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|
| Sales | 15.60 | 16.37 | 18.34 | 15.66 | 10.79 | 9.23 |
| Expenses | 12.81 | 13.35 | 14.79 | 13.40 | 8.73 | 8.07 |
| Operating Profit | 2.79 | 3.02 | 3.55 | 2.26 | 2.06 | 1.16 |
| OPM % | 17.88 | 18.45 | 19.36 | 14.43 | 19.09 | 12.57 |
| Other Income | 0.29 | 0.42 | 0.50 | 0.24 | 0.08 | 0.17 |
| Interest | 0.07 | 0.07 | 0.05 | 0.09 | 0.13 | 0.07 |
| Depreciation | 1.01 | 0.94 | 0.79 | 0.78 | 1.06 | 0.70 |
| Profit before tax | 2.00 | 2.43 | 3.21 | 1.63 | 0.95 | 0.56 |
| Tax % | 39.00 | 23.46 | 36.76 | 37.42 | 44.21 | 39.29 |
| Net Profit | 1.22 | 1.86 | 2.04 | 1.01 | 0.54 | 0.34 |
| EPS in Rs | 2.69 | 4.09 | 4.49 | 2.22 | 1.19 | 0.75 |
| Dividend Payout % | 40.93 | 26.85 | 27.82 | 43.66 | 61.25 | 64.85 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Sep 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4.54 | 4.54 | 4.54 | 4.54 | 4.41 | 4.41 | 4.41 |
| Reserves | 9.57 | 9.67 | 9.07 | 7.88 | 6.35 | 5.85 | 5.95 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 1.08 | 1.26 |
| Other Liabilities | 4.04 | 5.57 | 5.40 | 5.24 | 5.28 | 5.59 | 5.30 |
| Total Liabilities | 18.15 | 19.78 | 19.01 | 17.66 | 16.12 | 16.93 | 16.92 |
| Fixed Assets | 5.61 | 6.19 | 6.76 | 7.47 | 6.70 | 7.31 | 8.09 |
| CWIP | 0.00 | 0.00 | 0.20 | 0.00 | 1.10 | 0.00 | 0.44 |
| Investments | 2.27 | 2.26 | 1.01 | 0.00 | 0.00 | 0.05 | 0.05 |
| Other Assets | 10.27 | 11.33 | 11.04 | 10.19 | 8.32 | 9.57 | 8.34 |
| Total Assets | 18.15 | 19.78 | 19.01 | 17.66 | 16.12 | 16.93 | 16.92 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1.09 | 1.95 | 1.66 | 3.12 | -0.22 | 1.24 |
| Cash from Investing Activity | -1.38 | -1.25 | -0.34 | -1.06 | 0.03 | -0.57 |
| Cash from Financing Activity | -0.62 | -0.73 | -0.63 | -1.47 | -0.52 | 0.37 |
| Net Cash Flow | -0.91 | -0.03 | 0.69 | 0.59 | -0.71 | 1.04 |
| Free Cash Flow | 0.84 | 1.52 | 0.77 | 1.89 | -0.36 | 0.50 |
| CFO/OP % | 61.00 | 88.00 | 84.00 | 138.00 | -11.00 | 107.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 |
|---|---|---|---|---|---|---|
| Debtor Days | 53.58 | 60.65 | 62.09 | 47.55 | 51.08 | 47.45 |
| Inventory Days | 343.50 | 239.15 | 151.56 | 141.41 | 499.06 | 346.06 |
| Days Payable | 96.22 | 111.86 | 80.56 | 46.30 | 91.68 | 117.94 |
| Cash Conversion Cycle | 300.86 | 187.94 | 133.10 | 142.66 | 458.46 | 275.58 |
| Working Capital Days | 95.23 | 70.01 | 50.55 | 29.83 | 62.24 | 7.51 |
| ROCE % | 14.81 | 18.90 | 26.40 | 15.60 | 10.10 | — |
Corporate Actions
17 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 19 Jun 2026 | 20 Jun 2026 | — | 1.50 | |
| Dividend | 20 Jun 2025 | 20 Jun 2025 | — | 2.00 | |
| Dividend | 21 Jun 2024 | — | — | 1.75 | |
| Dividend | 22 Jun 2023 | — | — | 1.50 | |
| Dividend | 07 Jul 2022 | — | — | 1.20 | |
| Dividend | 07 Jul 2021 | — | — | 1.00 | |
| Dividend | 28 Aug 2020 | — | — | 0.75 | |
| Dividend | 22 Jul 2019 | — | — | 1.10 | |
| Dividend | 05 Jul 2018 | — | — | 1.10 | |
| Dividend | 20 Jul 2017 | — | — | 1.25 | |
| Dividend | 24 Jun 2016 | — | — | 1.00 | |
| Dividend | 19 Jun 2014 | — | — | 0.50 | |
| Dividend | 13 Jun 2013 | — | — | 0.75 | |
| Dividend | 22 May 2012 | — | — | 1.50 | |
| Dividend | 09 Jun 2011 | — | — | 1.00 | |
| Dividend | 12 Jun 2008 | — | — | 0.75 | |
| Dividend | 08 Jun 2001 | — | — | 0.40 |