SOLIMAC share price, P/E, ROE & financials

On 6 Nov 2026, Solitaire Machine Tools was priced at ₹73.21, or 21.3× trailing earnings, against an industry P/E of 22.6×, and the shares are 48% below their 52-week high. It earns ROCE of 8.6% and ROE of 6.8%, and sales grew 0.7% a year over 3 years while net profit fell 5.5%. Its dividend yield is 2.0%, and debt is 0.21× equity. It is a small-cap company with a market cap of ₹33 Cr, ranked 27th of 31 Tools & Accessories companies by market cap; the shares fell 33% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹82.30
Day high: ₹82.45
Day low: ₹72.80
Prev. close: ₹80.61
Volume: 21.7K

Health check

1 good · 1 fair · 4 to check

ReturnsBehind
−33.4% over a year, better than 0 of 7 peers.
Price tagIn line
P/E 21.3 vs industry 22.6.
GrowthSlow
Sales +0.7%, profit −5.5% a year over 3 years.
ProfitabilityWeak
ROCE 8.6% vs peer median 25.1%.
Balance sheetSolid
Debt 0.21× equity, interest covered 24.1×, Piotroski 6 of 9.
Red flags2 to check
Return on equity is low at 6.8%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Tools & Accessories

30 listed peers. Screen the industry

Small cap

₹33 Cr, #27 of 31 in its industry by size.

Defensive

Beta 0.61 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹21 Cr · profit ₹2 Cr

Market cap: ₹33 Cr; Small cap
P/E: 21.3; Industry 22.6
Price to book: 1.65; Peers 7.34
Dividend yield: 2.05%
ROE: 6.8%; Peers 15.4%
ROCE: 8.6%; Peers 25.1%
Debt to equity: 0.21; Debt ₹4.14 Cr
EPS (TTM): ₹3.43
OPM (TTM): 14.1%; Net margin 7.5%
Sales growth: +84.4%; Latest quarter vs a year ago
Profit growth: +531.9%; Latest quarter vs a year ago
Price to sales: 1.60; EV/EBITDA 11.2

Strengths

Dividend yield of 2.05%.
Quarterly profit up 531.9% on a year ago.
Quarterly sales up 84.4% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 6.8%.
48% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Solitaire Machine Tools

Solitaire Machine Tools Limited designs, manufactures, and sells precision centerless grinders in India and internationally. The company offers centerless grinders, double disc grinding machines, and BMS machines. It also provides machine commissioning, training, telephonic and on-site service support, and machine spares services, as well as remanufacturing and reconditioning of machines, assemblies, and parts. The company's products are used in…

Headquarters: Vadodara
Employees: 70
Sector: Industrials
ISIN: INE410A01013
Website: smtgrinders.com

Price range

52 weeks

₹72.20₹141.00

Today

₹72.80₹82.45

Avg volume (3M): 3.2K
1-year return: minus 33.4%
From 52-week high: minus 48.1%

Peers · Tools & Accessories

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
TIMKENTimken India	3,057.80	minus 2.14%	23,000	50.7	35.4	18.5%	18.5%	0.00	7.5%	plus 2.4%
CARBORUNIVCarborundum Universal	1,041.30	minus 3.99%	19,838	134.0	32.9	7.1%	8.4%	0.12	3.8%	plus 21.1%
SKFINDUSSKF India (Industrial)	2,343.60	minus 2.47%	11,586	49.4	–	–	10.3%	0.00	–	minus 13.0%
KENNAMETKennametal India	3,585.60	minus 5.65%	7,881	40.2	26.1	31.2%	23.9%	0.00	11.4%	plus 44.8%
ESABINDIAEsab India	5,004.00	minus 2.18%	7,703	34.7	28.1	60.8%	18.4%	0.01	11.4%	plus 4.8%
SKFINDIASKF India	1,425.60	plus 0.37%	7,048	45.3	14.4	31.7%	11.1%	0.00	−4.9%	minus 33.0%
TIILTechnocraft Industries (India)	2,726.40	minus 1.58%	6,182	18.2	13.7	19.1%	18.5%	0.40	12.2%	plus 14.3%
SOLIMACSolitaire Machine Tools	73.21	minus 9.18%	33	21.3	12.1	8.6%	14.1%	0.21	0.7%	minus 33.4%
Median of 7 peers	–	−2.18%	7,881	45.3	27.1	25.1%	18.4%	0.00	9.4%	4.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
2.1	5	3.6	8.4	3.8
2	4.5	3	7.1	3.3
0.1	0.5	0.6	1.3	0.5
3.4%	10.7%	15.3%	15.8%	13.5%
0.1	0	0.1	0	0.1
0	–	0	0.1	0.1
0.1	0.1	0.1	0.3	0.2
0	0.4	0.5	1	0.3
3.3%	25.3%	27.8%	33.7%	20.1%
0	0.3	0.3	0.7	0.3
0.09	0.64	0.73	1.49	0.57

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +0.7%
Profit CAGR 3Y: −5.5%
EPS CAGR 3Y: −5.5%
ROE: 6.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
18.6	20.8	22.5	19
–	+11.9%	+7.9%	minus 15.4%
15.7	18.1	19.3	16.3
2.9	2.7	3.2	2.8
15.8%	13.1%	14.3%	14.5%
0.1	0.1	0.1	0.1
0.1	0	0	0.1
0.6	0.6	0.6	0.7
−0.3	0.3	0.4	−0.1
2.1	2.5	3.1	1.9
24.2%	26.6%	25.4%	29.9%
1.6	1.8	2.3	1.3
–	+13.1%	+30.0%	minus 42.6%
3.51	3.97	5.16	2.96

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
4.5	4.5	4.5	4.5
12.5	13.5	15.1	15.6
0.5	2	5.6	4.1
4	7.6	4.1	4.5
21.6	27.7	29.2	28.8
7.9	12.1	16.5	17.3
1.7	5.7	10.3	–
2	1	0	0
0.9	1.2	2.9	4.2
9.1	7.7	−0.5	7.3
21.6	27.7	29.2	28.8

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.4	2.6	2.2	5.1
−1.6	−3.3	−4.7	−2.1
−0.6	0.8	2.7	−2.4
0.2	0.1	0.2	0.7
−2.6	−4.4	−5	−1.5
−0.2	−1.9	−2.8	3.7
−0.5	−0.7	−0.8	−0.9

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you