Solitaire Machine Tools Ltd.
Snapshot View

47.45 0.00

27 July 2021, 10:48:00 A.M.
Volume: 81

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.smtgrinders.com
Financial Indicators
Market Cap 21.55 Cr.
Earnings per share (EPS) 3.12 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 15.20 Trailing Twelve Months Ending 2021-03
Industry PE 86.90 Trailing Twelve Months Ending 2021-03
Book Value / Share 33.63 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.41 Calculated using Price: 47.45
Dividend Yield 2.11 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
1 Week
-1.76%
1 Month
+17.31%
3 Month
+87.92%
6 Month
+101.49%
1 Year
+154.42%
2 Year
+82.50%
5 Year
+52.82%
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 9 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.
Shh. Funds 10 10 10 11 12 14 14 14 15
Non Curr. Liab. 1 1 1 1 1 1 1 2 2
Curr. Liab. 3 5 6 5 4 5 5 5 3
Minority Int.
Equity & Liab. 14 17 17 16 17 19 20 20 20
Non Curr. Assets 9 9 8 8 7 7 6 7 7
Curr. Assets 5 8 9 8 10 12 13 14 13
Misc. Exp. not W/O
Total Assets 14 17 17 16 17 19 20 20 20

Profit Loss View Details

Particulars 9 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.
Net Sales 10 9 11 16 18 16 16 12 17
Other Income 0 0 0 0 0 0 0 0 1
Total Income 11 9 11 16 19 17 16 13 18
Total Expenditure -8 -8 -9 -13 -15 -13 -13 -10 -16
PBIDT 2 1 2 3 4 3 3 2 2
Interest 0 0 0 0 0 0 0 0 0
Depreciation -1 -1 -1 -1 -1 -1 -1 -1 -1
Taxation -1 0 0 -1 -1 -1 -1 0 0
Exceptional Items 0 0
PAT 1 0 1 1 2 2 1 1 1

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. -1 1 0 3 2 2 1 1 2
Cash Fr. Inv. 0 0 0 -1 -1 -1 -1 -1 -2
Cash Fr. Finan. -1 0 -1 -1 -1 -1 -1 -1 0
Net Change -1 1 -1 1 0 0 -1 0 0
Cash & Cash Eqvt 1 2 2 2 3 3 2 1 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 44.81 44.86 45.07 45.25 45.25 45.26 45.31 45.36 45.09
Public 55.19 55.14 54.93 54.75 54.75 54.74 54.69 54.64 54.91
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 0.00 0.00 0.00 0.64 0.00 0.00

Announcements View Details

Sat, 17 Jul 2021
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations 2015)
Solitaire Machine Tools Ltd has informed BSE regarding the details of Voting results of AGM under Regulation 44(3) of SEBI (LODR) Regulations 2015. Kindly Click here
Thu, 15 Jul 2021
Solitaire Machine Tools Ltd-- Proceedings Of 29Th AGM- Thursday July 15 2021
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we enclose gist of proceedings of the 29th Annual General Meeting held on Thursday July 15 2021.
Kindly take the above intimation in your record.
Tue, 13 Jul 2021
Shareholding for the Period Ended June 30 2021
Solitaire Machine Tools Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Havells India Ltd. 72,795.21 1,173.75 +1.0%
Siemens Ltd. 70,356.90 1,974.05 0.0%
Bharat Electronics Ltd. 44,869.86 183.70 -0.5%
ABB India Ltd. 36,321.10 1,737.70 +1.5%
L&T Technology Services Ltd. 36,272.43 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. 21,832.54 63.10 +0.6%
AIA Engineering Ltd. 18,847.10 2,043.00 +2.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Havells India Ltd. Consolidated 2021-06 59.86 1,173.75 +1.0%
Siemens Ltd. Consolidated 2021-03 73.43 1,974.05 0.0%
Bharat Electronics Ltd. Consolidated 2021-03 21.38 183.70 -0.5%
ABB India Ltd. Standalone 2021-03 115.28 1,737.70 +1.5%
L&T Technology Services Ltd. Consolidated 2021-06 47.58 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 0.00 63.10 +0.6%
AIA Engineering Ltd. Consolidated 2021-03 33.29 2,043.00 +2.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Havells India Ltd. Consolidated 2021-06 13.45 1,173.75 +1.0%
Siemens Ltd. Consolidated 2021-03 7.12 1,974.05 0.0%
Bharat Electronics Ltd. Consolidated 2021-03 4.06 183.70 -0.5%
ABB India Ltd. Standalone 2021-03 9.67 1,737.70 +1.5%
L&T Technology Services Ltd. Consolidated 2021-06 9.91 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 0.84 63.10 +0.6%
AIA Engineering Ltd. Consolidated 2021-03 4.44 2,043.00 +2.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Havells India Ltd. Consolidated 2021-03 0.10 1,173.75 +1.0%
Siemens Ltd. Consolidated 2020-09 0.00 1,974.05 0.0%
Bharat Electronics Ltd. Consolidated 2020-03 0.00 183.70 -0.5%
ABB India Ltd. Standalone 2020-12 0.00 1,737.70 +1.5%
L&T Technology Services Ltd. Consolidated 2021-03 0.00 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 0.18 63.10 +0.6%
AIA Engineering Ltd. Consolidated 2020-03 0.03 2,043.00 +2.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Havells India Ltd. Consolidated 2021-03 22.02 1,173.75 +1.0%
Siemens Ltd. Consolidated 2020-09 8.29 1,974.05 0.0%
Bharat Electronics Ltd. Consolidated 2020-03 18.59 183.70 -0.5%
ABB India Ltd. Standalone 2020-12 6.15 1,737.70 +1.5%
L&T Technology Services Ltd. Consolidated 2021-03 21.58 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -5.02 63.10 +0.6%
AIA Engineering Ltd. Consolidated 2020-03 16.36 2,043.00 +2.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Havells India Ltd. Consolidated 2021-03 30.49 1,173.75 +1.0%
Siemens Ltd. Consolidated 2020-09 11.82 1,974.05 0.0%
Bharat Electronics Ltd. Consolidated 2020-03 25.73 183.70 -0.5%
ABB India Ltd. Standalone 2020-12 8.80 1,737.70 +1.5%
L&T Technology Services Ltd. Consolidated 2021-03 30.06 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -0.21 63.10 +0.6%
AIA Engineering Ltd. Consolidated 2020-03 19.55 2,043.00 +2.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Havells India Ltd. Consolidated 2021-03 10,457.30 1,173.75 +1.0%
Siemens Ltd. Consolidated 2020-09 10,617.80 1,974.05 0.0%
Bharat Electronics Ltd. Consolidated 2020-03 12,967.67 183.70 -0.5%
ABB India Ltd. Standalone 2020-12 5,820.95 1,737.70 +1.5%
L&T Technology Services Ltd. Consolidated 2021-03 5,449.70 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 21,490.01 63.10 +0.6%
AIA Engineering Ltd. Consolidated 2020-03 2,969.97 2,043.00 +2.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Havells India Ltd. Consolidated 2021-03 1,044.31 1,173.75 +1.0%
Siemens Ltd. Consolidated 2020-09 768.60 1,974.05 0.0%
Bharat Electronics Ltd. Consolidated 2020-03 1,792.63 183.70 -0.5%
ABB India Ltd. Standalone 2020-12 219.22 1,737.70 +1.5%
L&T Technology Services Ltd. Consolidated 2021-03 666.50 3,518.25 +2.2%
Bharat Heavy Electricals Ltd. Consolidated 2020-03 -1,494.07 63.10 +0.6%
AIA Engineering Ltd. Consolidated 2020-03 590.32 2,043.00 +2.2%