SOLIMAC
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Forensics
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Recent events
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News
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Corporate Actions
Solitaire Machine Tools Says Ashok J Sheth Resigns As MD
Aug 10 (Reuters) - Solitaire Machine Tools Ltd SOMT.BO:
ASHOK J SHETH RESIGNS AS MD
HEMANDRA BADANI RESIGNS AS CFO
NAMES ASHOK J SHETH AS CFO
Source text for Eikon: ID:nBSE1z2kx4
Further company coverage: SOMT.BO
(([email protected];;))
Aug 10 (Reuters) - Solitaire Machine Tools Ltd SOMT.BO:
ASHOK J SHETH RESIGNS AS MD
HEMANDRA BADANI RESIGNS AS CFO
NAMES ASHOK J SHETH AS CFO
Source text for Eikon: ID:nBSE1z2kx4
Further company coverage: SOMT.BO
(([email protected];;))
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Popular questions
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Business
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Shareholdings
What does Solitaire Machine do?
Solitaire Machine Tools Ltd (SMTL) is a prominent manufacturer in India, specializing in Precision Centerless Grinders. They offer CNC Retrofitting, small to large Centerless Grinders, and advanced CNC versions with customizable automation systems.
Who are the competitors of Solitaire Machine?
Solitaire Machine major competitors are Cranex, Godha Cabcon&Insulat, Sprayking, Acrow India, Manugraph India, Hawa Engineers, Advance Metering. Market Cap of Solitaire Machine is ₹56 Crs. While the median market cap of its peers are ₹52 Crs.
Is Solitaire Machine financially stable compared to its competitors?
Solitaire Machine seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Solitaire Machine pay decent dividends?
The company seems to pay a good stable dividend. Solitaire Machine latest dividend payout ratio is 38.73% and 3yr average dividend payout ratio is 41.83%
How has Solitaire Machine allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress
How strong is Solitaire Machine balance sheet?
Balance sheet of Solitaire Machine is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Solitaire Machine improving?
The profit is oscillating. The profit of Solitaire Machine is ₹1.96 Crs for TTM, ₹2.35 Crs for Mar 2025 and ₹1.8 Crs for Mar 2024.
Is the debt of Solitaire Machine increasing or decreasing?
Yes, The debt of Solitaire Machine is increasing. Latest debt of Solitaire Machine is ₹1.21 Crs as of Mar-25. This is greater than Mar-24 when it was ₹0.26 Crs.
Is Solitaire Machine stock expensive?
Yes, Solitaire Machine is expensive. Latest PE of Solitaire Machine is 28.46, while 3 year average PE is 21.91. Also latest EV/EBITDA of Solitaire Machine is 23.56 while 3yr average is 13.4.
Has the share price of Solitaire Machine grown faster than its competition?
Solitaire Machine has given better returns compared to its competitors. Solitaire Machine has grown at ~14.23% over the last 7yrs while peers have grown at a median rate of 13.34%
Is the promoter bullish about Solitaire Machine?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 45.3% and last quarter promoter holding is 45.25%.
Are mutual funds buying/selling Solitaire Machine?
There is Insufficient data to gauge this.