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About Solitaire Machine Tools Ltd
Stock PE (TTM)
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Established on May 24, 1967, Solitaire Machine Tools Ltd is exclusively engaged in the business of manufacturing and selling Precision Centerless Grinders and Loose Spares etc. The Company is part of the industry broadly known as Capital Goods. The Capital Goods Industry consists of various products in different segments like Auto Ancillary industry, General Engineering industry, Aerospace and Defence Industry, Steel and Textile Industry. During the year 2001 the company has entered into a formal agreement with M/S Delta-Tau Datasystems Inc,of USA and have started marketing the products. A new assembly facility at the plant has now become fully operational and company has capacity to increase the output without any further investment in infrastructure. The company has orders worth over Rs.3.00 crores in hand as on March 2003. The company made a buy back of 200342 equity shares during 2002-03. During Financial year 2003-04, the Company acquired further shares of subsidiary companies M/s.Eugene Marketing Limited and M/s. Shruchi Marketing Limited thereby making them wholly owned subsidiaries of the Company. In 2004-05, it divested the holding in one of the wholly owned subsidiary; Eugene Marketing Limited and hence Eugene Marketing was no longer a subsidiary of the Company. The Company commissioned a Second Plant in Gorwa area of Baroda to focus on Remanufacturing and CNC Retrofitment work of Centerless Grinder and other Precision grinders. Besides, the new No.3 size grinder was developed by the Company and first grinder was taken in production during 2006. In 2011, Company developed 5 Axis CNC Centerless Grinder and a line of 3 Grinders was supplied to Rane Engine Valve, Trichy. It further developed B occa R 50 CNC Centerless Grinder. A Line o f two grinders were supplied to Lakshmi Machine Works, Coimbatore. The machines were highly automated and developed with state of the art technology. The Micro Centerless Grinder and Double Disk Grinder were launched during the year 2015. The Company went a step further to extend use of Renewable Energy by installing Solar Power system at Chhani Plant during 2017. It worked with a German Group to design grinder to their specifications. With joint effort, the grinder was perfected to European standards and was delivered to their plant in India, which progressed well on the said Project. During the year 2018, Company worked with a major Bearing manufacturer to Remanufacture and CNC Retrofit six grinders and project was completed. The wholly owned subsidiary, Shruchi Manufacturing Limited was merged into the Company during year 2019 through the Scheme of Amalgamation implemented on 29.4.2020. The Company began construction work at Halol Plant in 2023. It started a SPM Division designed only to do one operation with high productivity.
Solitaire Machine Tools share price as on 05 Dec 2025 is Rs. 110. Over the past 6 months, the Solitaire Machine Tools share price has decreased by 26.64% and in the last one year, it has increased by 6.49%. The 52-week low for Solitaire Machine Tools share price was Rs. 90.5 and 52-week high was Rs. 172.8.
522152
INE410A01013
Jun
Solitaire Machine Tools Ltd FAQs
You can buy Solitaire Machine Tools Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Solitaire Machine Tools Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 10:42 AM the closing price of Solitaire Machine Tools Ltd was Rs.110.00.
The latest PE ratio of Solitaire Machine Tools Ltd as of Dec 05, 2025 10:42 AM is 28.89
The latest PB ratio of Solitaire Machine Tools Ltd as of Dec 05, 2025 10:42 AM is 2.66
The 52-week high of Solitaire Machine Tools Ltd share price is Rs. 172.80 while the 52-week low is Rs. 90.50
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 10:42 AM, the market cap of Solitaire Machine Tools Ltd stood at Rs. 49.96 Cr.
Market Outlook
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