About Solitaire Machine Tools Limited
Data last updated: 23 December 2025
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 L28932GJ1967PLC143293. 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 Harsh Badani and Nishita Gulabsingh Rajput.
Last AGM: 28 June 2025. Financial statements filed for year ended 31 March 2025. Office: Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.16 Cr, a growth of 9% compared to the previous year.
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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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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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
- PDF report delivered after checkout
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 | ********* |
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 9 directors, with 14 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 |
|---|---|---|---|---|
| Harsh Badani | Managing Director | 31 Jan 2015 | 11 Years 5 Months | Current |
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Nishita Gulabsingh Rajput
Also directs:
Solitaire Machine Tools Limited
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Director | 20 Apr 2019 | 7 Years 2 Months | Current |
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Bharat Vadilal Shah
Also directs:
Solitaire Machine Tools Limited
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Director | 20 Apr 2019 | 7 Years 2 Months | Current |
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Kesha Kirit Thakkar
Also directs:
Solitaire Machine Tools Limited
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Director | 18 May 2019 | 7 Years 1 Months | Current |
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Shilpa Manmohan Taneja
Also directs:
Solitaire Machine Tools Limited, Veenasi Designs Llp, Ellora Design Private Limited and 1 more
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Director | 10 Sep 1987 | 38 Years 9 Months | Current |
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Ashok Jivarajbhai Sheth
Also directs:
Solitaire Machine Tools Limited
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Cfo | 01 Sep 2023 | 2 Years 10 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 |
Shareholding Pattern of Solitaire Machine Tools Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 45.29%, retail and other public shareholders hold 54.71% of Solitaire Machine Tools Limited. The company had 4,020 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 45.29% | 45.30% | 45.30% | 45.30% | 45.25% | 45.25% |
| Public | 54.71% | 54.70% | 54.70% | 54.70% | 54.75% | 54.75% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 45.29% | 45.25% | 45.25% |
| Public | 54.71% | 54.75% | 54.75% |
| Promoter change (YoY, %pts) | +0.04 | +0.00 | - |
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
Solitaire Machine Tools Limited has a workforce of 79 employees as of Apr 01, 2024.
Employee Count & EPFO Data of Solitaire Machine Tools Limited
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GST Compliance of Solitaire Machine Tools Limited
GSTIN & GST Filing Data of Solitaire Machine Tools Limited
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Credit Ratings, Litigation & Regulatory Alerts for Solitaire Machine Tools Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Solitaire Machine Tools Limited
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MSME Payment Delays by Solitaire Machine Tools Limited
MSME Payment Delays by Solitaire Machine Tools Limited
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Subsidiaries & Group Companies of Solitaire Machine Tools Limited
Subsidiaries & Group Companies of Solitaire Machine Tools Limited
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MCA Filings & Documents of Solitaire Machine Tools Limited
MCA Filings & Documents of 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 ₹23.16 Cr for FY 2025 (up 9.00% YoY).
The current directors of Solitaire Machine Tools Limited are:
- Harsh Badani
- Ashok Jivarajbhai Sheth
- Krishna Tejashkumar Naik
- Nishita Gulabsingh Rajput
- Bharat Vadilal Shah
- Kesha Kirit Thakkar
- Shilpa Manmohan Taneja
- Hemandra Jayantilal Badani
- Reshma Shahil Kiri
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.