Solitaire Machine Tools Limited (SOLIMAC.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-155.1%

-₹49.35

vs ₹89.50 price

Levered DCF

-₹20.66

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

4.76

Safe zone

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	26.05×	30.16×	16.62×	10.74×	18.15×	7.37×	15.17×	11.29×
P/B	1.74×	3.61×	1.66×	1.01×	1.2×	0.68×	0.7×	1.03×
P/S	1.84×	3.14×	1.44×	0.92×	1.41×	0.61×	0.82×	0.94×
EV / EBITDA	13.74×	24.56×	10.15×	6.31×	9.76×	5.7×	4.1×	4.43×
Gross margin	20.9%	51.4%	44.7%	47.3%	49.2%	35.7%	57.7%	52.5%
Operating margin	10.3%	32.2%	10.3%	12.8%	7.9%	8.8%	7.2%	12.4%
Net margin	7.1%	10.4%	8.6%	8.6%	7.8%	8.3%	5.4%	8.3%
Current ratio	2.05×	2.37×	1.77×	2.63×	3.26×	4×	2.99×	2.76×
Debt / equity	0.21×	0.28×	0.11×	0.03×	0.03×	0×	0×	0×
Interest coverage	18.81×	7,254.3×	22.43×	15.4×	7.6×	10.63×	9.06×	25.94×
Dividend yield	2.5%	1.1%	2.3%	3.2%	2.4%	3.3%	6.2%	4.2%
Payout ratio	64.7%	34.6%	38.1%	34.5%	43.0%	24.0%	93.1%	47.4%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.7%	12.0%	10.0%	9.4%	6.6%	9.3%	4.6%	9.1%
Return on invested capital	5.6%	21.1%	7.7%	10.1%	4.7%	7.6%	3.6%	8.2%
Return on assets	4.7%	8.0%	6.5%	7.4%	5.3%	7.0%	3.2%	6.6%
Free cash flow yield	10.5%	-3.9%	-6.2%	-0.9%	-5.4%	21.9%	-4.8%	6.1%
Earnings yield	3.8%	3.3%	6.0%	9.3%	5.5%	13.6%	6.6%	8.8%
Enterprise value	₹363.9M	₹756.4M	₹316M	₹173.2M	₹194.5M	₹100.3M	₹91.9M	₹137.9M
Net debt / EBITDA	0.51×	1.59×	0.52×	0.07×	0.16×	-0.24×	-0.36×	-0.28×
Cash conversion cycle (days)	111	165	126	231	299	189	616	288