Paper presents a novel application of magnetostrictive delay lines, which give a possibility of real time monitoring of strain in ceramic components. Magnetostrictive delay line was based on highly magnetostrictive Fe-Si-B amorphous alloy ribbon, mounted outside of ceramic component, what is a new solution for increasing sensor's sensitivity. Developed specially for this sensor, hybrid digital-analog signal processing unit covers the sample-and-hold integrated circuit. The achived sensitivity and repeatability of the sensor confirms, that such solution is suitable for ceramic machine tool monitoring.