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- SOLIMAC
SOLIMAC
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- 1M
- 6M
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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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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 Rolcon Engg. Co, T&I Global, Godha Cabcon&Insulat, Mewar Hi-Tech, Cranex, Sprayking, Manugraph India. Market Cap of Solitaire Machine is ₹70 Crs. While the median market cap of its peers are ₹71 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 44.06% and 3yr average dividend payout ratio is 46.13%
How has Solitaire Machine allocated its funds?
Companies resources are allocated to majorly unproductive assets like 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?
Yes, profit is increasing. The profit of Solitaire Machine is ₹2.3 Crs for TTM, ₹1.8 Crs for Mar 2024 and ₹1.6 Crs for Mar 2023.
Is the debt of Solitaire Machine increasing or decreasing?
Yes, The debt of Solitaire Machine is increasing. Latest debt of Solitaire Machine is ₹3.55 Crs as of Sep-24. 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 30.56, while 3 year average PE is 24.35. Also latest EV/EBITDA of Solitaire Machine is 23.34 while 3yr average is 11.99.
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 ~30.03% over the last 6yrs while peers have grown at a median rate of 28.13%
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 45.25% and last quarter promoter holding is 45.25%.
Are mutual funds buying/selling Solitaire Machine?
There is Insufficient data to gauge this.