SOLITAIRE MACHINE TOOLS LIMITED

REGD OFFICE:B-3A ,ARUN CHAMBERS,TARDEO ROAD,MUMBAI-400034

UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH SEPTEMBER, 2016
Rs.In lacs
Particulars

3 months

3 months

3 months

ended

ended

ended

Year to date

Year to date

Year to date

for the

for the

for the previous

Current period Previous period

1. (a)Net Sales/ Income from Operations((net of excise)

ended

ended

31.03.2016

Unaudited Unaudited Unaudited

30.09.16

30.09.15

Audited

unaudited

unaudited

265.26
0.00
265.26

727.11

587.83

0.00

0.00

727.11

587.83

149.49
5.88
-40.97
47.42
17.72
65.40
244.94

375.17

270.22

43.49

0.00

-77.00

35.20

97.96

74.88

20.32
5.53
25.85
0.00
25.85
0.00

461.85

252.15

0.00

0.00

461.85

252.15

a. Cost of materials consumed

225.68

177.89

b. Purchase of stock in trade

37.61

0.00

c. Change in Inventories of work in progress

-36.03

-75.5

d. Employees benefit expenses

50.54

39.52

e. Depreciation and amortisation expenses

19.38

18.53

f. Other expenses

87.23

57.07

384.41

217.51

(b)Other Operating Income

period ended

30.09.2016 30.09.2015 30.06.2016

1565.50
0.00
1565.50

2.Expenses

Total expenses

37.10

36.69

152.63

109.58

629.35

526.57

97.76

61.26

10.14

12.71

107.90

73.97

695.70
0.00
179.03
190.12
73.50
277.07
1415.42

3. Profit from operation before other

77.44

34.64

4.Other Income

income and finance costs (1-2)

4.61

7.04

5. Profit before ordinary activities before finance costs

82.05

41.68

6. Finance costs

0.00

1.99

7. Profit(+)/Loss (-) from ordinary activities before tax

82.05

39.69

8.Exceptional items

0.00

0.00

150.08
26.80
176.88
6.69
170.19
0.00

0.00

3.26

107.90

70.71

0.00

0.00

25.85
8.98

107.90

70.71

36.89

21.31

71.01

49.40

0.00

0.00

71.01

49.40

454.21

454.21

109.52
0.64
108.88
454.21

9.Profit (+)/ Loss (-) from Ordinary

Activities before tax (7-8)
10.Tax expense

82.05

39.69

27.91

11.15

54.14

28.54

0.00

170.19
60.67

11..Net Profit (+)/ Loss (-) from

13.Net Profit(+)/ Loss(-) for the period (11-12)

54.14

28.54

14.Paid-up equity share capital

454.21

454.21

16.87
0.00
16.87
454.21

636.24

1.19

0.63

1.09

0.63

0.37
0.37

1.56

1.19

1.56

1.09

2.41
2.41

1.19

0.63

1.09

0.63

0.37
0.37

1.56

1.19

1.56

1.09

Ordinary Activities after tax (9-10)

12.Extraordinary items (net of tax expense Rs. )

(Face value Rs. 10/- per share)

15.Reserves excluding Revaluation
Reserves as per Balance Sheet
16.Earnings Per Share (before extraordinary items)
(of 10/-each)

Basic:
Diluted:
Earnings Per Share (after extraordinary items)
(of 10/-each)
Basic:
Diluted:

2.40
2.40

Statement of Assets and Liabilities

(Rs. In Lacs)
Quarter
ended
30.09.201
6
unaudited

Quarter
ended
30.09.2015
unaudited

454.21
707.25
1161.46

454.21
632.68
1086.89

0.00
62.22

0.00
62.74

0.00
62.22

0.00
62.74

0.00
150.98
316.22
31.00
498.20

136.77
117.47
310.74
21.61
586.59

1721.88

1736.22

1. Non-current assets
a. Fixed Assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work in progress
b. Non-current investments
c. Long-term loans and advances
d. Other non-current assets
Sub-total-Non-current assets

698.09
0.00
0.00
53.76
37.27
3.59
792.71

614.23
0.00
0.00
53.76
47.47
3.59
719.05

2. Current assets
a. Inventories
b. Trade receivables
c. Cash and cash equivalents
d. Short-term loans and advances
e. Other current assets
Sub-total-current assets

441.33
71.39
330.14
86.22
0.09
929.17

559.25
137.97
181.31
138.55
0.09
1017.17

Total Assets

1721.88

1736.22

Particulars

A. EQUITY AND LIABILITIES

1. Shareholder's Fund
a. Share capital
b. Reserve & Surplus
Sub-total-shareholders funds
2. Non-current liabilities
a. Long-term borrowings
b. Deferred tax liabilities (net)
c Other long-term liabilities
d. Long-term provisions
Sub-total-Non-current liablities
3. Current liabilities
a. Short-term borrowings
b. Trade payables
c. Other current liabilities
d. Short-term provisions
Sub-total-current liablities
Total-Equity and Liabilities
B. ASSETS

1.The above results were reviewed by the Audit Committee and taken on record by Board of Directors at their
meeting held on 28.10.2016
2.There were no complaints pending at the beginning of the Quarter and none complaints were received during the
Quarter. There are no complaints pending at the end of Quarter.
3.Segment reporting as defined in Accounting Standard 17 is not applicable.

By order of the Board of Directors

For Solitaire Machine Tools Ltd.
sd/-

Place : Vadodara
Date : October 28, 2016

Ashok J. Sheth
Chairman
DIN: 174006