Solitaire Machine Tools Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors considered and approved these results, along with the Limited Review Report issued by M/s. K.C. Mehta & Co., LLP. The company’s website will also host this information. The meeting concluded at 12:00 PM on November 5, 2026.
Board Approves Financial Results
On November 5, 2026, the Board of Directors of Solitaire Machine Tools Limited convened to consider and approve its unaudited financial results for the quarter and half-year ended September 30, 2026. This announcement fulfills the requirements under Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Financial Highlights
The approved unaudited financial results indicate the following key figures:
- Revenue from Operations for the quarter ended September 30, 2026, stood at ₹529.29 Lakhs, compared to ₹500.23 Lakhs in the previous quarter and ₹384.23 Lakhs in the same quarter of the prior year.
- Profit before tax for the quarter was ₹1.67 Lakhs, a decrease from ₹39.10 Lakhs in the preceding quarter and ₹32.52 Lakhs in the prior year’s corresponding quarter.
- Total Comprehensive Income for the quarter was ₹2.84 Lakhs.
- For the half-year ended September 30, 2026, Revenue from Operations reached ₹913.52 Lakhs, and Profit before tax was ₹34.19 Lakhs.
Limited Review Report
Concurrently, the Board also approved the Limited Review Report on the aforementioned unaudited financial results, prepared by the company’s statutory auditors, M/s. K.C. Mehta & Co., LLP. The report confirms that the unaudited financial results are in accordance with Indian Accounting Standards (Ind AS) and Regulation 33 of SEBI Listing Regulations.
Website Disclosure
Solitaire Machine Tools Limited stated that the financial information, along with the Limited Review Report, will be hosted on the company’s official website, www.smtgrinders.com, in due course. The board meeting commenced at 11:20 AM and concluded at 12:00 PM on the same day.
Balance Sheet Highlights (As at September 30, 2026)
The statement of assets and liabilities as of September 30, 2026, shows:
- Total Assets of ₹3037.71 Lakhs.
- Total Equity amounting to ₹1973.09 Lakhs.
- Total Liabilities of ₹1064.62 Lakhs.
Cash Flow Statement Highlights (Half Year Ended September 30, 2026)
The cash flow statement for the half-year ended September 30, 2026, details:
- Net Cash Flow from Operating Activities was (₹105.14 Lakhs).
- Net Cash Flow from Investing Activities was ₹111.16 Lakhs.
- Net Cash Flow from Financing Activities was (₹133.52 Lakhs).
- The net decrease in cash and cash equivalents for the period was (₹127.49 Lakhs).
Source: BSE
