Solitaire Machine Tools Ltd
SOLIMACSolitaire Machine Tools Ltd
SOLIMAC![](https://assets.tickertape.in/sector-icons/industrials.png)
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Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
23.85 | 2.47 | 1.78% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
51.32 | 7.35 | 0.45% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Solitaire Machine Tools is a manufacturer of precision centerless grinders
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 15.93 | 18.66 | 16.79 | 15.89 | 12.59 | 18.02 | 14.07 | 19.00 | 21.29 | 24.21 | ||||||||||
Raw Materials | 6.96 | 8.99 | 7.86 | 9.02 | 8.18 | 5.91 | 7.77 | 8.81 | 9.83 | 21.09 | ||||||||||
Power & Fuel Cost | 0.21 | 0.20 | 0.19 | 0.20 | 0.19 | 0.17 | 0.21 | 0.21 | 0.24 | |||||||||||
Employee Cost | 1.90 | 2.43 | 2.81 | 3.04 | 3.00 | 2.92 | 3.23 | 3.80 | 3.96 | |||||||||||
Selling & Administrative Expenses | 1.14 | 1.70 | 0.95 | 1.18 | 1.09 | 0.77 | 0.83 | 1.28 | 1.22 | |||||||||||
Operating & Other expenses | 3.19 | 1.46 | 1.50 | -0.69 | -2.20 | 5.78 | -0.10 | 2.08 | 2.93 | |||||||||||
EBITDA | 2.53 | 3.88 | 3.48 | 3.14 | 2.33 | 2.47 | 2.13 | 2.82 | 3.11 | 3.12 | ||||||||||
Depreciation/Amortization | 0.73 | 0.76 | 0.91 | 0.98 | 1.19 | 0.65 | 0.57 | 0.56 | 0.56 | 0.55 | ||||||||||
PBIT | 1.80 | 3.12 | 2.57 | 2.16 | 1.14 | 1.82 | 1.56 | 2.26 | 2.55 | 2.57 | ||||||||||
Interest & Other Items | 0.09 | 0.05 | 0.07 | 0.07 | 0.10 | 0.14 | 0.14 | 0.15 | 0.10 | 0.04 | ||||||||||
PBT | 1.71 | 3.07 | 2.50 | 2.09 | 1.04 | 1.68 | 1.42 | 2.11 | 2.45 | 2.53 | ||||||||||
Taxes & Other Items | 0.61 | 1.15 | 0.57 | 0.78 | 0.37 | 0.25 | 0.35 | 0.51 | 0.66 | 0.66 | ||||||||||
Net Income | 1.10 | 1.92 | 1.93 | 1.31 | 0.67 | 1.43 | 1.07 | 1.60 | 1.79 | 1.87 | ||||||||||
EPS | 2.42 | 4.23 | 4.25 | 2.88 | 1.48 | 3.15 | 2.36 | 3.52 | 3.94 | 4.12 | ||||||||||
DPS | 1.00 | 1.25 | 1.10 | 1.10 | 0.75 | 1.00 | 1.20 | 1.50 | 1.75 | 1.75 | ||||||||||
Payout ratio | 0.41 | 0.30 | 0.26 | 0.38 | 0.51 | 0.32 | 0.51 | 0.43 | 0.44 | 0.43 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Solitaire Machine Tools Ltd | 24.92 | 2.47 | 1.78% |
Cummins India Ltd | 60.17 | 15.66 | 1.02% |
Thermax Limited | 76.10 | 11.06 | 0.28% |
AIA Engineering Ltd | 35.99 | 6.13 | — |
Price Comparison
Compare SOLIMAC with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Increasing Dividends
SOLIMAC has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 1.78%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.82 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 21, 2024
Dividend/Share
₹1.75
Ex DateEx Date
Jun 21, 2024
Cash Dividend
Ex DateEx DateJun 22, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Jun 22, 2023
Cash Dividend
Ex DateEx DateJul 7, 2022
Dividend/Share
₹1.20
Ex DateEx Date
Jul 7, 2022
Cash Dividend
Ex DateEx DateJul 7, 2021
Dividend/Share
₹1.00
Ex DateEx Date
Jul 7, 2021
Cash Dividend
Ex DateEx DateAug 28, 2020
Dividend/Share
₹0.75
Ex DateEx Date
Aug 28, 2020
Net profit of Solitaire Machine Tools rose 13.16% to Rs 0.43 crore in the quarter ended June 2024 as against Rs 0.38 crore during the previous quarter ended June 2023. Sales rose 149.23% to Rs 4.86 crore in the quarter ended June 2024 as against Rs 1.95 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales4.861.95 149 OPM %13.1729.74 - PBDT0.730.66 11 PBT0.580.51 14 NP0.430.38 13 Powered by Capital Market - Live
Solitaire Machine Tools will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Solitaire Machine Tools bags export order worth Rs4.6 crore
![](https://pocket-image-cache.com/direct?url=http://content.indiainfoline.com/_media/iifl/img/article/2018-11/29/full/1543482166-5093.jpg)
Solitaire Machine Tools standalone net profit rises 490.00% in the September 2021 quarter
![](https://assets.tickertape.in/images/news-publishers/businessstandard.png)
Solitaire Machine Tools reports standalone net loss of Rs 0.10 crore in the June 2021 quarter
![](https://assets.tickertape.in/images/news-publishers/businessstandard.png)
Solitaire Machine Tools reports standalone net profit of Rs 1.19 crore in the March 2021 quarter
![](https://assets.tickertape.in/images/news-publishers/businessstandard.png)
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.03%, vs industry avg of 10.74%
Constant Market Share
Over the last 5 years, market share stayed at 0.02%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 6.44%, vs industry avg of 23.12%