Analysis of Financial Track Record
Value Creation |
|---|
| Mar'11 | Mar'12 | Mar'13 | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Capital Employed | 8.85% | 15.35% | 9.45% | 3.99% | 6.68% | 10.47% | 16.08% | 14.72% | 9.92% | 5.25% |
| Growth Parameters |
|---|
| 9 yrs | 5 yrs | 3 yrs | 1 yr | |
|---|---|---|---|---|
| Net Sales | 2.8% | 2.6% | -12.6% | -21.4% |
| Adjusted EPS | -1.7% | -0.1% | -28.1% | -48.6% |
| Book Value per Share | 4.8 | 6.6 | 4.9 | 0 |
| Share Price | 5.5% | 6.2% | -24.9% | -9.7% |
| Key Financial Parameter |
|---|
Management X-Ray
Shareholding Pattern
| Entity | Percentage Holding |
|---|---|
| Promoters | 45.31% |
| Non-Institutions | 54.69% |
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.64 |
FAQs
The 5-year analysis of Solitaire Machine Tools Ltd's performance infers:
Solitaire Machine Tools Ltd earnings have declined by -0.1%, whereas share price has appreciated 6.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.We analysed the performance of Solitaire Machine Tools Ltd share prices over the last 10 years. Here is what we found out:
Solitaire Machine Tools Ltd share price has appreciated 6.8% annually over the past ten years. About Company
Solitaire Machine Tools (SMTL) was incorporated in 1987 and was publicly listed on Bombay Stock Exchange in 1994. Solitaire Machine Tools, is a leading manufacturer of Precision Centerless Grinders in India. The company has been working as an exclusive licensee of Cincinnati Milacron, USA.
SMTL offers Rebuilding and CNC Retrofitting services to customers for any model of Cincinnati Centerless Grinders.SMTL also manufactures small Centerless Grinders with 100 mm ( 4' ) wheel width ( No.1)
Solitaire Machine Tools (SMTL) was incorporated in 1987 and was publicly listed on Bombay Stock Exchange in 1994. Solitaire Machine Tools, is a leading manufacturer of Precision Centerless Grinders in India. The company has been working as an exclusive licensee of Cincinnati Milacron, USA.
SMTL offers Rebuilding and CNC Retrofitting services to customers for any model of Cincinnati Centerless Grinders.SMTL also manufactures small Centerless Grinders with 100 mm ( 4' ) wheel width ( No.1) and large Centerless Grinders with 500 mm ( 20' ) wheel width (No.3)
SMTL has entered in licensing arrangement with Bocca & Malandrone Sunebo S.p.A of Italy in 2007. The Bocca line of grinders will be offered to Indian customers directly by SMTL and worldwide through Bocca, Italy.
SMTL produced its first centerless grinder in 1988. In the years since, the plant has produced over 510 Centerless grinders. Approximately 55% of the grinders produced are exported directly to USA and the balance are being used by Indian customers.
SMTL is currently developing Bocca line of CNC Centerless Grinders with wheel width from 200 mm to 500 mm.
Products manufactured by the company:
SMTL manufacturers Precision Centerless Grinders in two primary sizes with wheel widths of 200 mm and 250 mm. A smaller 100 mm wheel width grinder has been developed in 2002 and as of date about 25 machines of this size have been supplied to various customers. The large 500 mm wheel width grinder has been developed in 2007 and couple of machines have been supplied to customers.
The grinders are offered standard with conventional hydraulic and pneumatic controls. More advanced CNC versions utilizing Siemens Controls and supporting from 1 to 6 axes of control are also being offered. Optionally, SMTL also designs customized loading / unloading systems for complete automation of the grinding process.
