Solitaire Machine Tools Reports Q3FY26 Financial Results
Solitaire Machine Tools Limited reported Q3FY26 results with revenue of ₹359.35 lakhs and net profit of ₹33.36 lakhs for the quarter ended December 31, 2025. Nine-month revenue stood at ₹1,067.97 lakhs with net profit of ₹66.67 lakhs. The company operates as a manufacturer of centreless grinding machines and has made provisions for new Labour Code requirements. Results were approved by the Board on January 29, 2026.
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Solitaire Machine Tools Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on January 29, 2026, which commenced at 11:20 a.m. and concluded at 12:10 PM.
Financial Performance Overview
The company's financial results show a mixed performance across different periods. The results have been subject to limited review by M/s. K.C. Mehta & Co., LLP, the statutory auditors of the company.
Quarterly Results Analysis
The third quarter of FY26 presented specific financial metrics that reflect the company's operational performance during this period.
| Metric | Q3FY26 (Dec 31, 2025) | Q2FY26 (Sep 30, 2025) | Q3FY25 (Dec 31, 2024) |
|---|---|---|---|
| Revenue from Operations | ₹359.35 lakhs | ₹500.23 lakhs | ₹681.71 lakhs |
| Other Income | ₹5.34 lakhs | ₹0.04 lakhs | ₹6.20 lakhs |
| Total Income | ₹364.70 lakhs | ₹500.27 lakhs | ₹687.91 lakhs |
| Total Expenses | ₹318.50 lakhs | ₹461.17 lakhs | ₹591.87 lakhs |
| Profit Before Tax | ₹46.20 lakhs | ₹39.10 lakhs | ₹96.03 lakhs |
| Net Profit | ₹33.36 lakhs | ₹29.19 lakhs | ₹70.71 lakhs |
Nine-Month Performance Comparison
The nine-month period ending December 31, 2025, showed the following performance metrics compared to the corresponding period in the previous year.
| Parameter | Nine Months FY26 | Nine Months FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹1,067.97 lakhs | ₹1,546.02 lakhs | Decline |
| Total Income | ₹1,084.72 lakhs | ₹1,578.64 lakhs | Lower |
| Net Profit | ₹66.67 lakhs | ₹163.51 lakhs | Reduced |
| Total Comprehensive Income | ₹70.77 lakhs | ₹156.11 lakhs | Decreased |
Earnings Per Share and Capital Structure
The company maintained consistent capital structure parameters throughout the reporting periods.
| Details | Q3FY26 | Q3FY25 |
|---|---|---|
| Basic EPS | ₹0.73 | ₹1.56 |
| Diluted EPS | ₹0.73 | ₹1.56 |
| Paid-up Equity Share Capital | ₹454.22 lakhs | ₹454.22 lakhs |
Regulatory and Operational Updates
The company has made specific provisions related to new regulatory requirements. The Government of India implemented four new Labour Codes effective from November 21, 2025, consolidating 29 existing labour laws. Although the impact is not material, the company has made a provision of ₹7,55,998 related to gratuity liability due to the impact of these new Labour Codes.
Solitaire Machine Tools operates in a single business segment as a manufacturer and remanufacturer of centreless grinding machines and spare parts. The company's registered office is located at A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara, Gujarat, with additional manufacturing facilities in the region.
Historical Stock Returns for Solitaire Machine Tools
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -2.22% | +0.89% | -11.11% | -28.72% | +176.30% |
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