Company Solitaire Machine Tools Limited

Equities

SOLIMAC6

INE410A01013

Industrial Machinery & Equipment

Delayed Bombay S.E. 03:00:42 2024-05-18 am EDT 5-day change 1st Jan Change
82.38 INR 0.00% Intraday chart for Solitaire Machine Tools Limited +9.23% -1.02%

Business Summary

Solitaire Machine Tools Limited is an India-based company, which is engaged in the business of manufacturing of precision centerless grinders. The Company operates through the Machine Tools segment. It produces three types of centerless grinding machines, including Solitaire No.1 Precision Centerless Grinder, Solitaire No.1 Precision Centerless Grinder and Solitaire No.3 Precision Centerless Grinder. It also provides computer numerical control (CNC) products, including Precision Servo Infeed Attachment, Servo Drive for Regulating Wheel, Two Axis CNC Grinding Wheel Dresser, Two Axis CNC Grinder Controls, Three Axis CNC Grinder Controls, Four Axis CNC Grinder Controls, Five Axis CNC Grinder Controls and Diamond Roll Dresser for Grinding Wheel. The centerless grinders manufactured by it are used in the industry, including automobile, automobile ancillaries, textiles machinery, steel industry, bearing industry and others. It has two manufacturing units in Vadodara, Gujarat, India.

Number of employees: 84

Sales per Business

INR in Million2022Weight2023Weight Delta
Precision Centerless Grinders
94.4 %
116 85.6 % 176 94.4 % +51.77%
Services
5.3 %
19 14.3 % 10 5.3 % -48.71%
Scrap
0.3 %
0 0.2 % 0 0.3 % +104.74%

Sales per region

INR in Million2022Weight2023Weight Delta
India
74.8 %
124 91.6 % 140 74.8 % +12.24%
Other
19.1 %
11 8.1 % 36 19.1 % +224.93%
United States
6.2 %
0 0.3 % 12 6.2 % +2,508.62%

Managers

Managers TitleAgeSince
Chief Executive Officer 71 87-09-09
Chairman 76 87-09-09
Compliance Officer - Nov. 09
Corporate Officer/Principal 61 92-06-14

Members of the board

Members of the board TitleAgeSince
Director/Board Member 39 06-01-30
Chairman 76 87-09-09
Chief Executive Officer 71 87-09-09
Director/Board Member - 87-09-09
Director/Board Member - 19-04-19
Director/Board Member - 19-04-19
Director/Board Member - 19-05-17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 4,542,176 1,854,340 ( 40.82 %) 0 40.82 %

Company contact information

Solitaire Machine Tools Ltd.

Shop 3-A, Floor-Bas, Plot 731 Part 3, Arun Chamber, Pandit Madan

400034, Mumbai

+91 26 5658 0010

http://www.smtgrinders.com
address Solitaire Machine Tools Limited(SOLIMAC6)
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