Solitaire Machine Tools Ltd.
Snapshot View

59.70 +2.80 ▲4.9%

20 May 2022, 04:01:00 PM
Volume: 34,413

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.smtgrinders.com
Market Cap 27.12 Cr.
Enterprise Value(EV) 23.09 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 4.31 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 13.86 Trailing Twelve Months Ending 2021-12
Industry PE 42.12 Trailing Twelve Months Ending 2021-12
Book Value / Share 34.33 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.74 Calculated using Price: 59.70
Dividend Yield 1.68 Period Ending 2021-03
No. of Shares Subscribed 0.45 Cr. 4,542,176 Shares
FaceValue 10
Company Profile

Solitaire Machine Tools (SMTL) was incorporated in 1987 and was publicly listed on Bombay Stock Exchange in 1994. Solitaire Machine Tools, is a leading manufacturer of Precision Centerless Grinders in India. The company has been working as an exclusive licensee of Cincinnati Milacron, USA.

SMTL offers Rebuilding and CNC Retrofitting services to customers for any model of Cincinnati Centerless Grinders.SMTL also manufactures small Centerless Grinders with 100 mm ( 4' ) wheel width ( No.1) and large Centerless Grinders with 500 mm ( 20' ) wheel width (No.3)

SMTL has entered in licensing arrangement with Bocca & Malandrone Sunebo S.p.A of Italy in 2007. The Bocca line of grinders will be offered to Indian customers directly by SMTL and worldwide through Bocca, Italy.

SMTL produced its first centerless grinder in 1988. In the years since, the plant has produced over 510 Centerless grinders. Approximately 55% of the grinders produced are exported directly to USA and  the balance are being used by Indian customers.

SMTL is currently developing Bocca line of CNC Centerless Grinders with wheel width from 200 mm to 500 mm.

Products manufactured by the company:

SMTL manufacturers Precision Centerless Grinders in two primary sizes with wheel widths of 200 mm and 250 mm. A smaller 100 mm wheel width grinder has been developed in 2002 and as of date about 25 machines of this size have been supplied to various customers. The large 500 mm wheel width grinder has been developed in 2007 and couple of machines have been supplied to customers.

The grinders are offered standard with conventional hydraulic and pneumatic controls. More advanced CNC versions utilizing Siemens Controls and supporting from 1 to 6 axes of control are also being offered. Optionally, SMTL also designs customized loading / unloading systems for complete  automation of the grinding process.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.92%
1 Week
+11.80%
1 Month
+7.47%
3 Month
+30.21%
6 Month
+81.18%
1 Year
+136.44%
2 Year
+254.30%
5 Year
+12.85%
10 Year
+231.67%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 8.72 3.58 6.05 10.24 16.50 14.77 9.34 4.64 9.61
Return on Capital Employed (%) 14.26 5.86 10.12 15.93 26.72 19.79 15.51 7.93 12.27
Return on Assets (%) 5.95 2.41 3.74 6.62 11.47 10.59 6.78 3.31 6.99

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 10 10 10 11 12 14 14 14 15 15
Non Curr. Liab. 1 1 1 1 1 1 1 2 2 1
Curr. Liab. 3 5 6 5 4 5 5 5 3 2
Minority Int.
Equity & Liab. 14 17 17 16 17 19 20 20 20 19
Non Curr. Assets 9 9 8 8 7 7 6 7 7 7
Curr. Assets 5 8 9 8 10 12 13 14 13 12
Misc. Exp. not W/O
Total Assets 14 17 17 16 17 19 20 20 20 19

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 10 9 11 16 18 16 16 12 17 17
Other Income 0 0 0 0 0 0 0 0 1
Total Income 11 9 11 16 19 17 16 13 18 17
Total Expenditure -8 -8 -9 -13 -15 -13 -13 -10 -16 -14
PBIDT 2 1 2 3 4 3 3 2 2 3
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation -1 -1 -1 -1 -1 -1 -1 -1 -1 0
Taxation -1 0 0 -1 -1 -1 -1 0 0 0
Exceptional Items 0 0
PAT 1 0 1 1 2 2 1 1 1 2
Adjusted EPS 2 1 1 2 4 4 3 1 3 4

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 2 -1 1 0 3 2 2 1 1 2
Cash Fr. Inv. 0 0 0 0 -1 -1 -1 -1 -1 -2
Cash Fr. Finan. -1 -1 0 -1 -1 -1 -1 -1 -1 0
Net Change 0 -1 1 -1 1 0 0 -1 0 0
Cash & Cash Eqvt 3 1 2 2 2 3 3 2 1 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 45.25 45.25 45.26 45.31 45.36 45.11 45.13 45.14 45.16
Public 54.75 54.75 54.74 54.69 54.64 54.89 54.87 54.86 54.84
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.64 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 28 Apr 2022
Compliance Certificate For The Year Ended March 31St 2022
Please find enclosed a certificate dated April 25 2022 for the year ended March 31 2022 certifying that allactivities in relation to share transfer facility are maintained by Link Intime Private Limited (SEBI RegistrationNo. INE000004058) the Registrar and Share Transfer Agent of Solitaire Machine Tools Limited. Thiscertificate has been issued in terms of Regulation 7(3) of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations 2015.
Thu, 28 Apr 2022
Regulation 40(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
We are enclosing herewith a certificate dated April 25 2022 issued by M/s Kiri and Associates Practicing Company Secretary certifying the posting of Share Certificate within 30 days of the lodgement of transfer by our Registrar and Transfer Agent M/s Link Intime India Private Limited for the year ended March 31 2022.
Mon, 25 Apr 2022
Clarification On Price Movement
To BSE LimitedCorporate Relation Dept. 2nd floor New trading Wing Rotunda Bldg. P. J. Towers Dalal Street Fort Mumbai-400001.Date: 25/04/2022Dear Sir Subject: - Clarification on Price MovementThis is with reference to you email dated April 22 2022 with reference no. L/SURV/ONL/PV/NP/ 2022-2023 / 2315 we wish to inform you that there is no such price sensitive information in a Company which has not been disclosed to the Stock exchange & this fluctuation is purely market driven. Further we would like to inform you that our company has given timely disclosures of all material events as per Regulation 30 of SEBI (LODR) Regulations 2015 and we assure you to give timely disclosure of material events if any in future.We request you to kindly take the same on record.

Technical Scans View Details

Fri, 20 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week High Close Crossing Last Week High
Closing Above Previous High Closing Above Previous High

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