Solitaire Machine Tools Ltd (SOLIMAC) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow Solitaire Machine Tools Ltd reported sales of ₹2.75 Cr, operating profit of ₹0.61 Cr (OPM 22.18%) and net profit of ₹0.22 Cr for the quarter ended Dec 2019. Figures in ₹ crore, consolidated where available.
SOLIMAC quarterly results (₹ Cr) Metric Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Sales 2.63 5.63 1.88 5.66 3.99 2.67 2.75 Expenses 1.87 4.86 1.5 4.58 3.18 2.26 2.14 Operating Profit 0.76 0.77 0.38 1.08 0.81 0.41 0.61 OPM 28.9% 13.68% 20.21% 19.08% 20.3% 15.36% 22.18% Other Income 0 0.09 0 0 0 0.1 0 Interest 0.01 0.01 0.01 0.03 0.01 0 0.01 Depreciation 0.28 0.25 0.25 0.25 0.31 0.31 0.27 Profit before tax 0.47 0.6 0.12 0.8 0.49 0.2 0.33 Tax 44.68% 8.33% 25% 62.5% 22.45% 25% 33.33% Net Profit 0.26 0.55 0.09 0.3 0.37 0.15 0.22 EPS in Rs 0.57 1.21 0.2 0.66 0.81 0.33 0.48
SOLIMAC profit & loss, annual (₹ Cr) Metric Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM Sales 10.79 15.66 18.34 16.37 15.6 15.07 Expenses 8.73 13.4 14.79 13.35 12.81 12.16 Operating Profit 2.06 2.26 3.55 3.02 2.79 2.91 OPM 19.09% 14.43% 19.36% 18.45% 17.88% 19.31% Other Income 0.08 0.24 0.5 0.42 0.29 0.1 Interest 0.13 0.09 0.05 0.07 0.07 0.05 Depreciation 1.06 0.78 0.79 0.94 1.01 1.14 Profit before tax 0.95 1.63 3.21 2.43 2 1.82 Tax 44.21% 37.42% 36.76% 23.46% 39% - Net Profit 0.54 1.01 2.04 1.86 1.22 1.04 EPS in Rs 1.19 2.22 4.49 4.09 2.69 2.28 Dividend Payout 61.25% 43.66% 27.82% 26.85% 40.93% -
SOLIMAC balance sheet (₹ Cr) Metric Mar 2016 Mar 2017 Mar 2018 Mar 2019 Sep 2019 Equity Capital 4.41 4.54 4.54 4.54 4.54 Reserves 6.35 7.88 9.07 9.67 9.57 Borrowings 0.08 0 0 0 0 Other Liabilities 5.28 5.24 5.4 5.57 4.04 Total Liabilities 16.12 17.66 19.01 19.78 18.15 Fixed Assets 6.7 7.47 6.76 6.19 5.61 CWIP 1.1 0 0.2 0 0 Investments 0 0 1.01 2.26 2.27 Other Assets 8.32 10.19 11.04 11.33 10.27 Total Assets 16.12 17.66 19.01 19.78 18.15
SOLIMAC cash flows (₹ Cr) Metric Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Cash from Operating Activity -0.22 3.12 1.66 1.95 1.09 Cash from Investing Activity 0.03 -1.06 -0.34 -1.25 -1.38 Cash from Financing Activity -0.52 -1.47 -0.63 -0.73 -0.62 Net Cash Flow -0.71 0.59 0.69 -0.03 -0.91 Free Cash Flow -0.36 1.89 0.77 1.52 0.84 CFO/OP -11% 138% 84% 88% 61%
SOLIMAC ratios Metric Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Debtor Days 51.08 47.55 62.09 60.65 53.58 Inventory Days 499.06 141.41 151.56 239.15 343.5 Days Payable 91.68 46.3 80.56 111.86 96.22 Cash Conversion Cycle 458.46 142.66 133.1 187.94 300.86 Working Capital Days 62.24 29.83 50.55 70.01 95.23 ROCE 10.1% 15.6% 26.4% 18.9% 14.81%