About Solitaire Machine Tools Limited
Data last updated: 14 July 2026
Solitaire Machine Tools Limited is a public limited company based in Vadodara, Gujarat, India. It specialises in industrial machine tools, a part of the broader machinery and industrial equipment sector. Incorporated on 24 May 1967, the company has been in operation for over 59 years.
Registered with ROC Ahmedabad under CIN L28932MH1967PLC013747. Listed on BSE: 522152.
Capital: an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.54 Cr. It is led by directors including Shilpa Manmohan Taneja and Hemandra Jayantilal Badani.
Last AGM: 28 June 2025. Financial statements filed for year ended 31 March 2025. Office: Vadodara, Gujarat.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹19.07 Cr, a decline of 15.27% compared to the previous year. The net worth stands at ₹20.11 Cr (up 2.53% YoY). Total assets are valued at ₹28.77 Cr (down 1.56% YoY).
The company has a workforce of approximately 79 employees as per the latest available data.
The company is associated with 1 brand - Solitaire Machine Tools. As per MCA filings, the company has open charges of ₹13.72 Cr and satisfied charges of ₹22.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smtgrinders.com.
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Registered AddressA – 24/25 Krishna Industrial Estate, Gorwa, Vadodara, Gujarat, India – 390016
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IndustryMachinery and Equipment, Industrial Machine Tools
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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CIN History of Solitaire Machine Tools Limited
Solitaire Machine Tools Limited has one previous CIN (Corporate Identification Number): L28932MH1967PLC013747. The current CIN is L28932GJ1967PLC143293, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L28932GJ1967PLC143293 | Current |
| L28932MH1967PLC013747 | Previous |
Associated Brands with Solitaire Machine Tools Limited
Solitaire Machine Tools Limited operates one associated brand: Solitaire Machine Tools. These brands represent Solitaire Machine Tools Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Precision centerless grinders are manufactured for industrial applications. | smtgrinders.com |
Business Activity of Solitaire Machine Tools Limited
Solitaire Machine Tools Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details for Solitaire Machine Tools Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Solitaire Machine Tools Limited
Solitaire Machine Tools Limited is audited by K C MEHTA & CO LLP (ICAI peer reviewed, certificate valid till 2027-03-31); K C MEHTA & CO LLP (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| K C MEHTA & CO LLP (ICAI peer reviewed, certificate valid till 2027-03-31); K C MEHTA & CO LLP (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Solitaire Machine Tools Limited
Solitaire Machine Tools Limited is currently managed by 7 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Manmohan Taneja | Director | 10 Sep 1987 | 38 Years 11 Months | Current |
|
Hemandra Jayantilal Badani
Also directs:
Metal Perforation Pvt Ltd
|
Managing Director | 31 Jan 2015 | 11 Years 6 Months | Current |
| Nishita Gulabsingh Rajput | Director | 20 Apr 2019 | 7 Years 4 Months | Current |
| Bharat Vadilal Shah | Director | 20 Apr 2019 | 7 Years 4 Months | Current |
| Kesha Nimit Tanna | Director | 18 May 2019 | 7 Years 3 Months | Current |
| Harsh Hemandra Badani | Managing Director | 31 Jan 2015 | 11 Years 6 Months | Current |
Financials of Solitaire Machine Tools Limited FY 2026 filings available
Solitaire Machine Tools Limited reported revenue of ₹19.07 Cr (down 15.27% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹19.07 Cr | ₹22.5 Cr | ₹20.86 Cr | ₹18.67 Cr | ₹13.58 Cr | ₹12.26 Cr | ₹12.26 Cr | ₹15.6 Cr |
| Other Income | ₹9 Lakh | ₹65.6 Lakh | ₹43.1 Lakh | ₹33.45 Lakh | ₹29.81 Lakh | ₹32.93 Lakh | ₹32.93 Lakh | ₹29.03 Lakh |
| Total Income | ₹19.16 Cr | ₹23.16 Cr | ₹21.3 Cr | ₹19.01 Cr | ₹13.88 Cr | ₹12.59 Cr | ₹12.59 Cr | ₹15.89 Cr |
| Cost of Materials Consumed | ₹9.39 Cr | ₹9.98 Cr | ₹9.83 Cr | ₹8.81 Cr | ₹7.77 Cr | ₹8.18 Cr | ₹8.18 Cr | ₹9.02 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹92.26 Lakh | ₹95.79 Lakh | ₹1.14 Cr | ₹57.9 Lakh | -₹1.4 Cr | -₹3.52 Cr | -₹3.52 Cr | -₹2.23 Cr |
| Employee Benefit Expense | ₹4.22 Cr | ₹4.31 Cr | ₹3.96 Cr | ₹3.8 Cr | ₹3.23 Cr | ₹3 Cr | ₹3 Cr | ₹3.04 Cr |
| Finance Costs | ₹8.31 Lakh | ₹10,000 | ₹4.01 Lakh | ₹7.42 Lakh | ₹12.07 Lakh | ₹4 Lakh | ₹4 Lakh | ₹6.2 Lakh |
| Depreciation & Amortisation | ₹68.64 Lakh | ₹59.3 Lakh | ₹56 Lakh | ₹56.49 Lakh | ₹57.22 Lakh | ₹1.19 Cr | ₹1.19 Cr | ₹98.37 Lakh |
| Other Expenses | ₹3.79 Cr | ₹4.17 Cr | ₹3.31 Cr | ₹3.07 Cr | ₹2.36 Cr | ₹2.66 Cr | ₹2.66 Cr | ₹2.93 Cr |
| Total Expenses | ₹17.24 Cr | ₹20.02 Cr | ₹18.84 Cr | ₹16.9 Cr | ₹12.65 Cr | ₹11.56 Cr | ₹11.56 Cr | ₹13.81 Cr |
| Profit Before Exceptional Items & Tax | ₹1.92 Cr | ₹3.14 Cr | ₹2.46 Cr | ₹2.1 Cr | ₹1.22 Cr | ₹1.03 Cr | ₹1.03 Cr | ₹2.08 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹18.9 Lakh | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.92 Cr | ₹3.14 Cr | ₹2.46 Cr | ₹2.1 Cr | ₹1.41 Cr | ₹1.03 Cr | ₹1.03 Cr | ₹2.08 Cr |
| Total Tax Expense | ₹57.37 Lakh | ₹79.68 Lakh | ₹65.41 Lakh | ₹50.93 Lakh | ₹35.6 Lakh | ₹37.02 Lakh | ₹37.02 Lakh | ₹78.16 Lakh |
| Net Profit | ₹1.35 Cr | ₹2.35 Cr | ₹1.8 Cr | ₹1.6 Cr | ₹1.06 Cr | ₹66.07 Lakh | ₹66.08 Lakh | ₹1.3 Cr |
| Other Comprehensive Income | ₹5.99 Lakh | ₹1.81 Lakh | -₹9.86 Lakh | ₹5.87 Lakh | ₹3.26 Lakh | -₹87,000 | -₹87,000 | -₹44,000 |
| Total Comprehensive Income | ₹1.41 Cr | ₹2.36 Cr | ₹1.71 Cr | ₹1.65 Cr | ₹1.09 Cr | ₹65.2 Lakh | ₹65.21 Lakh | ₹1.29 Cr |
| EBITDA (computed) | ₹2.69 Cr | ₹3.74 Cr | ₹3.06 Cr | ₹2.74 Cr | ₹1.92 Cr | ₹2.26 Cr | ₹2.26 Cr | ₹3.13 Cr |
| Basic EPS | ₹2.96 | ₹5.16 | ₹3.97 | ₹3.51 | ₹2.32 | ₹1.45 | ₹1.45 | ₹2.86 |
| Diluted EPS | ₹2.96 | ₹5.16 | ₹3.97 | ₹3.51 | ₹2.32 | ₹1.45 | ₹1.45 | ₹2.86 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹28.77 Cr | ₹29.23 Cr | ₹27.71 Cr | ₹21.6 Cr | ₹20 Cr | ₹20.21 Cr | ₹20.35 Cr | ₹19.58 Cr |
| Non-current Assets | ₹17.36 Cr | ₹17.32 Cr | ₹14.22 Cr | ₹10.51 Cr | ₹6.55 Cr | ₹6.81 Cr | ₹6.6 Cr | ₹6.28 Cr |
| Current Assets | ₹11.41 Cr | ₹11.91 Cr | ₹13.46 Cr | ₹11.06 Cr | ₹13.45 Cr | ₹13.4 Cr | ₹13.75 Cr | ₹13.3 Cr |
| Property, Plant & Equipment | ₹17.3 Cr | ₹6.18 Cr | ₹6.48 Cr | ₹6.24 Cr | ₹6.41 Cr | ₹6.71 Cr | ₹6.49 Cr | ₹5.93 Cr |
| Inventories | ₹5.43 Cr | ₹4.31 Cr | ₹5.48 Cr | ₹5.52 Cr | ₹6.66 Cr | ₹4.81 Cr | ₹9.48 Cr | ₹6.39 Cr |
| Trade Receivables | ₹1.08 Cr | ₹4.15 Cr | ₹6 Cr | ₹4 Cr | ₹1.61 Cr | ₹3.02 Cr | ₹56.2 Lakh | ₹2.29 Cr |
| Cash & Equivalents | ₹1.32 Cr | ₹65.54 Lakh | ₹41.45 Lakh | ₹33.64 Lakh | ₹39.3 Lakh | ₹44.68 Lakh | ₹80.38 Lakh | ₹87.74 Lakh |
| Equity (Net Worth) | ₹20.11 Cr | ₹19.61 Cr | ₹18.04 Cr | ₹17.02 Cr | ₹15.91 Cr | ₹15.28 Cr | ₹14.22 Cr | ₹14.23 Cr |
| Equity Share Capital | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr | ₹4.54 Cr |
| Borrowings (Non-current) | ₹2.72 Cr | ₹4.14 Cr | ₹1.62 Cr | ₹0 | ₹47.4 Lakh | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹1.42 Cr | ₹1.42 Cr | ₹41.51 Lakh | ₹53.12 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹4.14 Cr | ₹5.56 Cr | ₹2.03 Cr | ₹53.12 Lakh | ₹47.4 Lakh | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹5.56 Cr | ₹5.02 Cr | ₹7.62 Cr | ₹4.22 Cr | ₹3.21 Cr | ₹3.35 Cr | ₹4.6 Cr | ₹4.83 Cr |
| Total Liabilities | ₹8.66 Cr | ₹9.61 Cr | ₹9.66 Cr | ₹4.58 Cr | ₹4.09 Cr | ₹4.94 Cr | ₹6.12 Cr | ₹5.35 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹5.11 Cr | ₹2.23 Cr | ₹2.56 Cr | ₹2.4 Cr | -₹47.19 Lakh |
| Investing Cash Flow | -₹2.08 Cr | -₹4.69 Cr | -₹3.25 Cr | -₹1.62 Cr | ₹39.86 Lakh |
| Financing Cash Flow | -₹2.37 Cr | ₹2.71 Cr | ₹77.55 Lakh | -₹58.93 Lakh | ₹1.98 Lakh |
| Capital Expenditure | ₹1.46 Cr | ₹5.02 Cr | ₹4.41 Cr | ₹2.56 Cr | ₹31.19 Lakh |
| Free Cash Flow (computed) | ₹3.66 Cr | -₹2.79 Cr | -₹1.86 Cr | -₹16.07 Lakh | -₹78.38 Lakh |
| Dividends Paid | ₹87.04 Lakh | ₹81.13 Lakh | ₹68.8 Lakh | ₹54.99 Lakh | ₹45.42 Lakh |
| Net Change in Cash | ₹66.25 Lakh | ₹24.09 Lakh | ₹7.81 Lakh | ₹18.99 Lakh | -₹5.35 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8.39 Cr | ₹3.59 Cr | ₹5 Cr | ₹2.08 Cr | ₹7.04 Cr | ₹6.82 Cr | ₹3.79 Cr | ₹4.86 Cr |
| Other Income | ₹4.32 Lakh | ₹5.34 Lakh | ₹4,000 | ₹11.36 Lakh | ₹32.98 Lakh | ₹6.2 Lakh | ₹17.31 Lakh | ₹9.11 Lakh |
| Total Income | ₹8.43 Cr | ₹3.65 Cr | ₹5 Cr | ₹2.2 Cr | ₹7.37 Cr | ₹6.88 Cr | ₹3.96 Cr | ₹4.95 Cr |
| Cost of Materials Consumed | ₹3.71 Cr | ₹1.29 Cr | ₹2.39 Cr | ₹2 Cr | ₹2.42 Cr | ₹3.13 Cr | ₹1.92 Cr | ₹2.51 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹1.05 Cr | -₹16.9 Lakh | ₹13.92 Lakh | -₹1.94 Cr | ₹1.28 Cr | ₹62.58 Lakh | -₹76 Lakh | -₹18.83 Lakh |
| Employee Benefit Expense | ₹1.02 Cr | ₹1.1 Cr | ₹1.06 Cr | ₹1.04 Cr | ₹1.06 Cr | ₹1.11 Cr | ₹1.1 Cr | ₹1.04 Cr |
| Finance Costs | ₹8.25 Lakh | ₹4,000 | ₹0 | ₹2,000 | ₹5,000 | ₹4,000 | ₹0 | ₹1,000 |
| Depreciation & Amortisation | ₹25.95 Lakh | ₹14.23 Lakh | ₹14.26 Lakh | ₹14.2 Lakh | ₹15.25 Lakh | ₹14.9 Lakh | ₹14.59 Lakh | ₹14.56 Lakh |
| Other Expenses | ₹1.28 Cr | ₹82.81 Lakh | ₹88.59 Lakh | ₹91.14 Lakh | ₹1.48 Cr | ₹90.64 Lakh | ₹92.15 Lakh | ₹86.75 Lakh |
| Total Expenses | ₹7.41 Cr | ₹3.18 Cr | ₹4.61 Cr | ₹2.16 Cr | ₹6.4 Cr | ₹5.92 Cr | ₹3.33 Cr | ₹4.37 Cr |
| Profit Before Exceptional Items & Tax | ₹1.02 Cr | ₹46.21 Lakh | ₹39.1 Lakh | ₹4.25 Lakh | ₹97.19 Lakh | ₹96.03 Lakh | ₹63.27 Lakh | ₹57.73 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.02 Cr | ₹46.21 Lakh | ₹39.1 Lakh | ₹4.25 Lakh | ₹97.19 Lakh | ₹96.03 Lakh | ₹63.27 Lakh | ₹57.73 Lakh |
| Total Tax Expense | ₹34.5 Lakh | ₹12.85 Lakh | ₹9.91 Lakh | ₹14,000 | ₹26.15 Lakh | ₹25.33 Lakh | ₹13.67 Lakh | ₹14.53 Lakh |
| Net Profit | ₹67.83 Lakh | ₹33.36 Lakh | ₹29.19 Lakh | ₹4.11 Lakh | ₹71.04 Lakh | ₹70.7 Lakh | ₹49.6 Lakh | ₹43.2 Lakh |
| Other Comprehensive Income | ₹1.88 Lakh | ₹3.2 Lakh | ₹44,000 | ₹45,000 | ₹9.2 Lakh | -₹2.47 Lakh | -₹2.47 Lakh | -₹2.47 Lakh |
| Total Comprehensive Income | ₹69.71 Lakh | ₹36.56 Lakh | ₹29.63 Lakh | ₹4.56 Lakh | ₹80.24 Lakh | ₹68.23 Lakh | ₹47.13 Lakh | ₹40.73 Lakh |
| EBITDA (computed) | ₹1.37 Cr | ₹60.48 Lakh | ₹53.36 Lakh | ₹18.47 Lakh | ₹1.12 Cr | ₹1.11 Cr | ₹77.86 Lakh | ₹72.3 Lakh |
| Basic EPS | ₹1.49 | ₹0.73 | ₹0.64 | ₹0.09 | ₹1.56 | ₹1.56 | ₹1.09 | ₹0.95 |
| Diluted EPS | ₹1.49 | ₹0.73 | ₹0.64 | ₹0.09 | ₹1.56 | ₹1.56 | ₹1.09 | ₹0.95 |
Charges & Borrowings of Solitaire Machine Tools Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Feb 2024 | Others | ₹10.5 Cr | Open |
| 24 Feb 2005 | Uti Bank | ₹1.61 Cr | Open |
| 25 Aug 2004 | Uti Bank | ₹1.61 Cr | Open |
| 20 Jul 2017 | Yes Bank Limited | ₹9.97 Cr | Satisfied |
| 27 Jun 2017 | Yes Bank Limited | ₹9.97 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Solitaire Machine Tools Limited
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Employee and EPFO history for Solitaire Machine Tools Limited
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GST Compliance of Solitaire Machine Tools Limited
GST registrations and filing compliance for Solitaire Machine Tools Limited
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Credit Ratings, Litigation & Regulatory Alerts for Solitaire Machine Tools Limited
Credit ratings, litigation, and regulatory alerts for Solitaire Machine Tools Limited
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MSME Payment Delays by Solitaire Machine Tools Limited
MSME payment history for Solitaire Machine Tools Limited
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Subsidiaries & Group Companies of Solitaire Machine Tools Limited
Corporate group structure for Solitaire Machine Tools Limited
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MCA Filings & Documents of Solitaire Machine Tools Limited
MCA filings and documents for Solitaire Machine Tools Limited
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Recent Activity on Solitaire Machine Tools Limited
Frequently Asked Questions about Solitaire Machine Tools Limited
Solitaire Machine Tools Limited is an active public limited company in the machinery and equipment sector based in Vadodara, Gujarat, India. It was incorporated on 24 May 1967 (59+ years old) and is registered under CIN L28932GJ1967PLC143293. Listed on BSE: 522152. The company has 79 employees.
Solitaire Machine Tools Limited reported revenue of ₹19.07 Cr for FY 2026 (down 15.27% YoY) based on standalone BSE filings.
The current directors of Solitaire Machine Tools Limited are:
- Shilpa Manmohan Taneja - Director
- Hemandra Jayantilal Badani - Managing Director
- Nishita Gulabsingh Rajput - Director
- Bharat Vadilal Shah - Director
- Kesha Nimit Tanna - Director
- Harsh Hemandra Badani - Managing Director
- Ashok Jivarajbhai Sheth - Director
The primary industry of Solitaire Machine Tools Limited is machinery and equipment. The company specifically operates in industrial machine tools. The company is currently active in this sector.
Yes. Solitaire Machine Tools Limited is listed on BSE with code 522152.
Solitaire Machine Tools Limited can be reached at the registered office: A – 2425 Krishna Industrial Estate, Gorwa, Vadodara, Gujarat, India – 390016, or through the website smtgrinders.com.