SOLIMAC
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Recent events
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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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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 Acrow India, Rolcon Engg. Co, Ema India, Trans Ind Hous Impex, Ikoma Technologies, Auri Grow India, Harshil Agrotech. Market Cap of Solitaire Machine is ₹46 Crs. While the median market cap of its peers are ₹44 Crs.
Is Solitaire Machine financially stable compared to its competitors?
Solitaire Machine seems to be less financially stable compared to its competitors. Altman Z score of Solitaire Machine is 4.85 and is ranked 4 out of its 8 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 ₹1.38 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 net debt of Solitaire Machine is increasing. Latest net debt of Solitaire Machine is ₹3.77 Crs as of Sep-25. This is greater than Mar-25 when it was ₹1.21 Crs.
Is Solitaire Machine stock expensive?
Yes, Solitaire Machine is expensive. Latest PE of Solitaire Machine is 33.28, while 3 year average PE is 20.73. Also latest EV/EBITDA of Solitaire Machine is 25.48 while 3yr average is 14.98.
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 ~10.47% over the last 2yrs while peers have grown at a median rate of 0.49%
Is the promoter bullish about Solitaire Machine?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Solitaire Machine is 45.3% and last quarter promoter holding is 45.3%.
Are mutual funds buying/selling Solitaire Machine?
There is Insufficient data to gauge this.
