What is CAGR? What does CAGR table indicate for Solitaire Machine Tools Ltd?

Compounded average growth rate (CAGR) measures the average annual growth rate compounded year-on-year over a period of time.

Solitaire Machine Tools Ltd Stock Analysis

Q: Is Solitaire Machine Tools Ltd a good quality company?

MoneyWorks4Me analysed the past 10-year performance of Solitaire Machine Tools Ltd and arrived at the following conclusion.

Small Cap

Evaluated by 160 users | BSE: 522152 | NSE: |
Engineering - Industrial Equipments

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....

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis P

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

What is a Financial Track Record? How to read this chart in order to understand the data present here?

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

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	Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	9.6	14.1	10.4	9.2	10.8	15.7	18.3	16.4	15.6	12.3
Y-o-Y Gr. Rt.	-	47.4%	-26.4%	-10.9%	16.9%	45.1%	17.1%	-10.8%	-4.7%	-21.4%
Adjusted EPS (Rs.)	1.75	3.14	2.06	0.87	1.51	2.45	4.04	4.08	2.92	1.5
Y-o-Y Gr. Rt.	-	79.4%	-34.4%	-57.8%	73.6%	62.3%	64.9%	1%	-28.4%	-48.6%
Book Value per Share (Rs.)	20.5	21.72	22.79	23.02	22.81	24.01	27.1	29.83	31.33	31.32
Adjusted Net Profit	0.8	1.4	0.9	0.4	0.7	1.1	1.8	1.9	1.3	0.7
Net Op. Cash Flow (Rs. Cr.)	4.7	1.7	-0.6	1.1	-0.2	3.3	1.8	2	1.2	1
Debt to Cash Flow from Ops	0.16	0.15	-0.77	1.19	-5.6	0.02	0	0	0	0

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Solitaire Machine Tools Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Solitaire Machine Tools Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	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	6.5%	5.6%	-32.8%	-1.2%

Key Financial Parameter	Performance Ratio Colour Code Guide

	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20
Return on Equity (%)	8.67	14.85	9.28	3.81	6.59	10.45	15.82	14.32	9.55	4.78
Operating Profit Margin (%)	23.97	19.99	20.08	12.46	19.45	14.72	19.4	18.93	18.7	16.5
Net Profit Margin (%)	8.34	10.12	9.05	4.3	6.35	7.1	10.01	11.31	8.5	5.54
Debt to Equity	0.08	0.03	0.04	0.12	0.1	0.01	0	0	0	0
Working Capital Days	190	110	141	201	234	158	126	169	203	296
Cash Conversion Cycle	93	50	74	111	154	109	79	105	133	228

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	45.31%
Non-Institutions	54.69%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

0.64

* Pledged shares as % of Promoter's holding (%)

FAQs

1. Is Solitaire Machine Tools Ltd a good quality company?

Data is not available for this company.

2. Is current market price of Solitaire Machine Tools Ltd a good price to buy it?

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 5.6% 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.

3. What is Solitaire Machine Tools Ltd share price return in the past 10 years ?

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 7.5% annually over the past ten years.

About Company

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)

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.

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