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    Producer manufacturing

  3. •

    Industrial machinery
Solitaire Machine Tools Limited

Solitaire Machine Tools Limited

BBSE:SOLIMAC
83.50
INR
-6.51
(-7.23%)
3.43EPS
25.59P/E
398.58MMarket Cap
Solitaire Machine Tools Limited
BSE:SOLIMAC
(Bombay Stock Exchange)

Recent

price

83.50

P/E

ratio

25.59

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
21.02
30.99
22.82
20.94
24.49
35.52
40.35
35.98
34.26
26.96
37.74
29.84
41.01
45.87
49.49
41.87
45.67
Revenue per Share
1.7
2.96
1.94
0.76
1.22
2.29
4.48
4.09
2.86
1.45
3.12
2.32
3.51
3.97
5.16
2.96
3.43
Basic EPS, GAAP
8.6
2.74
-1.49
1.09
-0.82
3.94
1.71
3.36
1.98
-1.05
5.05
-2.25
-0.35
-4.09
-6.15
8.05
- -
Free Cash Flow per Basic Share
- -
0.94
1.5
0.77
0.52
0.75
1.17
1.5
1.35
1.35
0.75
1
1.21
1.51
1.79
1.92
- -
Dividend per Share
20.5
21.72
22.79
22.79
23.26
23.9
27.35
29.97
31.33
31.32
33.63
35.03
37.47
39.73
43.18
44.27
- -
Book Value per Share
20.27
21.72
22.79
21.8
22.25
23.85
27.3
29.92
31.27
31.32
33.63
35.03
37.24
39.57
43.12
44.27
- -
Tangible Book Value per Share
5
5
5
4
4
4
5
5
5
5
5
5
5
5
5
5
5
Basic Weighted Avg Shares
95
141
104
92
108
157
183
163
156
122
171
136
186
208
225
190
208
Sales/Revenue/Turnover
16.11
14.28
12.82
5.25
9.21
10.23
15.1
13.89
12.42
7.17
8.84
7.86
12.79
10.4
11.63
10.87
10.26
Operating Margin (%)
7
8
7
7
11
8
8
9
10
12
1
6
6
6
6
7
8
Depreciation Expense
8
13
9
3
5
10
20
19
13
7
14
11
16
18
23
13
16
Net Income, GAAP
43.52
30.03
37.84
39.98
43.44
37.71
36.65
23.56
37.58
35.91
15.02
25.22
24.2
26.61
25.36
29.91
28.98
Effective Tax Rate (%)
8.08
9.56
8.51
3.64
5
6.45
11.12
11.37
8.34
5.4
8.27
7.79
8.57
8.66
10.43
7.07
7.51
Profit Margin (%)
8
14
25
26
35
39
55
71
85
92
100
72
69
59
69
58
- -
Working Capital
7
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
- -
16
41
27
- -
LT Debt
93
99
104
104
103
109
124
136
142
142
153
159
170
180
196
201
- -
Total Equity
7.03
13.39
8.47
3.01
4.7
8.88
15.59
12.59
8.57
3.88
8.65
5.92
9.28
8.69
9.77
5.56
- -
Return on Invested Capital (%)
8.07
13.39
8.47
3.29
5.18
9.34
17.49
14.34
9.56
4.73
9.63
6.7
9.73
9.75
10.37
5.68
- -
Return on Capital (%)
8.4
14.04
8.72
3.25
5.23
9.57
17.5
14.27
9.32
4.64
9.61
6.77
9.69
10.29
12.46
6.77
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
14
- -
LT Borrowings
- -
27
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
492
350
399

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
114
- -
Cash, Cash Equivalents & STI
- -
42
- -
Accounts Receivable, Net
- -
11
- -
Inventories
- -
54
- -
Total Current Liabilities
- -
56
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
14
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.43%
5.67%
2.53%
Free Cash Flow
-8.5%
129.34%
-230.9%
Net Income, GAAP
15.44%
5.2%
-42.65%
Sales/Revenue/Turnover
4.1%
4.17%
-15.39%
Total Cash Common Dividend
- -
20.94%
7.28%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
49
38
68
70
225
2026
21
50
36
84
190
2027
38
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.95
1.09
1.56
1.56
5.16
2026
0.09
0.64
0.73
1.49
2.96
2027
0.57
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.79
2026
- -
- -
- -
- -
1.92
2027
- -
- -
- -
- -
- -
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Business
Solitaire Machine Tools Limited (SOLIMAC.BO), founded in 1967 and headquartered in Vadodara, Gujarat, India, with a registered office in Mumbai, manufactures and sells precision centerless grinding machines and related CNC products for industries including automobiles, auto ancillaries, textile machinery, steel, and bearings. The company offers a range of centerless grinders in wheel widths from 100 mm (4 inches) to 500 mm (20 inches), including models licensed from Cincinnati Milacron USA and Bocca & Malandrone Sunebo S.p.A. Italy such as the Bocca line of CNC centerless grinders; CNC accessories comprising precision servo infeed attachments, servo drives for regulating wheels, two-axis CNC grinding wheel dressers, diamond roll dressers, and two- to five-axis CNC grinder controls; double disc grinding machines; and services like machine commissioning, training, telephonic and on-site support, remanufacturing, reconditioning of machines/assemblies/parts, and provision of machine spares. Solitaire operates two manufacturing units in Vadodara equipped for heavy machining, precision grinding, scrapping, assembly, quality control, and engineering, exporting to the United States, Europe, South America, Australia, and Asia. Recent developments include beginning construction of a new plant at Halol in 2023; launching a dedicated Special Purpose Machine (SPM) division for high-productivity single-operation tasks; merging its wholly owned subsidiary Shruchi Manufacturing Limited in 2020 via a scheme of amalgamation effective April 29, 2020; completing a remanufacturing and CNC retrofit project for six grinders with a major bearing manufacturer in 2018; installing a solar power system at its Chhani plant in 2017 to incorporate renewable energy; and developing a custom grinder with a German group to European standards in 2017, alongside ongoing collaborations such as with Delta-Tau Datasystems USA since 2001 and technical tie-ups for advanced grinder models like the No. 3 size in 2006 and five-axis CNC centerless grinder in 2011.