Solitaire Machine Tools Limited submitted its unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY27) to BSE Limited in compliance with SEBI Listing Regulations Regulation 33.
Financial Performance Highlights
Income Statement:
- Revenue from operations: ₹384.23 lakhs (Q1 FY27) vs ₹208.39 lakhs (Q1 FY26) and ₹838.59 lakhs (Q4 FY26)
- Other income: ₹12.91 lakhs (Q1 FY27) vs ₹11.37 lakhs (Q1 FY26) and ₹4.32 lakhs (Q4 FY26)
- Total income: ₹397.14 lakhs (Q1 FY27) vs ₹219.75 lakhs (Q1 FY26) and ₹842.91 lakhs (Q4 FY26)
Expenses Breakdown:
- Cost of materials consumed: ₹455.78 lakhs (Q1 FY27) vs ₹200.37 lakhs (Q1 FY26) and ₹371.18 lakhs (Q4 FY26)
- Changes in inventories: (₹342.35) lakhs (Q1 FY27) vs (₹193.97) lakhs (Q1 FY26) and ₹104.69 lakhs (Q4 FY26)
- Employee benefits expense: ₹116.52 lakhs (Q1 FY27) vs ₹103.74 lakhs (Q1 FY26) and ₹102.49 lakhs (Q4 FY26)
- Finance costs: ₹7.77 lakhs (Q1 FY27) vs ₹0.02 lakhs (Q1 FY26) and ₹8.25 lakhs (Q4 FY26)
- Depreciation: ₹24.58 lakhs (Q1 FY27) vs ₹14.20 lakhs (Q1 FY26) and ₹25.95 lakhs (Q4 FY26)
- Other expenses: ₹102.33 lakhs (Q1 FY27) vs ₹91.14 lakhs (Q1 FY26) and ₹128.02 lakhs (Q4 FY26)
- Total expenses: ₹364.62 lakhs (Q1 FY27) vs ₹215.51 lakhs (Q1 FY26) and ₹740.57 lakhs (Q4 FY26)
Profitability:
- Profit before tax: ₹32.52 lakhs (Q1 FY27) vs ₹4.25 lakhs (Q1 FY26) and ₹102.33 lakhs (Q4 FY26)
- Tax expenses: ₹6.55 lakhs (Q1 FY27) comprising current tax ₹2.74 lakhs and deferred tax ₹3.81 lakhs
- Net profit: ₹25.97 lakhs (Q1 FY27) vs ₹4.11 lakhs (Q1 FY26) and ₹67.84 lakhs (Q4 FY26)
Other Comprehensive Income:
- Remeasurement of defined benefit plan (net of tax): ₹1.50 lakhs (Q1 FY27) vs ₹0.45 lakhs (Q1 FY26) and ₹1.88 lakhs (Q4 FY26)
- Total comprehensive income: ₹27.47 lakhs (Q1 FY27) vs ₹4.56 lakhs (Q1 FY26) and ₹69.72 lakhs (Q4 FY26)
Capital Structure:
- Paid-up equity share capital: ₹454.22 lakhs (face value ₹10 per share), unchanged from previous periods
- Other equity: ₹1,556.69 lakhs (as of March 31, 2026)
Per Share Data:
- Basic EPS: ₹0.57 (Q1 FY27) vs ₹0.09 (Q1 FY26) and ₹1.49 (Q4 FY26)
- Diluted EPS: ₹0.57 (Q1 FY27) vs ₹0.09 (Q1 FY26) and ₹1.49 (Q4 FY26)
Regulatory and Governance Information
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 4, 2026. The statutory auditors, K C Mehta & Co LLP (Firm Registration No. 106237W/W100829), conducted a limited review of the results and issued an unqualified report stating that nothing came to their attention suggesting material misstatement.
Segment Information
The company operates in a single business segment as "manufacturer and remanufacturer of centreless grinding machines and its spare parts" as per Ind AS 108 requirements.
Comparative Figures
Figures for the quarter ended March 31, 2026, are balancing figures between audited annual figures and published year-to-date reviewed figures up to the third quarter. Previous period figures have been regrouped/rearranged where necessary for comparability.
Additional Information
The results will be hosted on the company's website at www.smtgrinders.com. The communication was signed by Reshma Kiri, Company Secretary & Compliance Officer (ACS - 54902).