Solid Stone Company Ltd
Solid works are involved in Services of Marble, Natural Stone, Granites, and Wooden Flooring.
- Market Cap ₹ 18.7 Cr.
- Current Price ₹ 34.8
- High / Low ₹ 42.2 / 28.2
- Stock P/E 21.5
- Book Value ₹ 41.6
- Dividend Yield 0.00 %
- ROCE 7.92 %
- ROE 3.95 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.89 times its book value
- Debtor days have improved from 102 to 68.6 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.41% over past five years.
- Company has a low return on equity of 3.62% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
48.39 | 55.78 | 58.42 | 66.09 | 61.36 | 41.17 | 36.55 | 17.23 | 24.32 | 30.79 | 24.02 | 27.68 | |
44.74 | 51.72 | 54.97 | 62.22 | 57.66 | 37.70 | 32.66 | 15.25 | 22.13 | 26.86 | 19.84 | 23.66 | |
Operating Profit | 3.65 | 4.06 | 3.45 | 3.87 | 3.70 | 3.47 | 3.89 | 1.98 | 2.19 | 3.93 | 4.18 | 4.02 |
OPM % | 7.54% | 7.28% | 5.91% | 5.86% | 6.03% | 8.43% | 10.64% | 11.49% | 9.00% | 12.76% | 17.40% | 14.52% |
0.07 | 1.87 | -0.02 | 0.03 | -0.09 | 0.22 | 0.15 | -0.01 | 0.03 | 0.12 | 0.06 | 0.12 | |
Interest | 1.28 | 1.80 | 1.79 | 2.14 | 2.11 | 2.18 | 2.03 | 2.35 | 2.38 | 2.36 | 2.23 | 1.96 |
Depreciation | 0.58 | 0.85 | 0.71 | 0.66 | 0.49 | 0.49 | 0.94 | 0.59 | 0.80 | 0.87 | 0.89 | 0.92 |
Profit before tax | 1.86 | 3.28 | 0.93 | 1.10 | 1.01 | 1.02 | 1.07 | -0.97 | -0.96 | 0.82 | 1.12 | 1.26 |
Tax % | 36.02% | 34.45% | 35.48% | 34.55% | 42.57% | 33.33% | 34.58% | -20.62% | -19.79% | 29.27% | 24.11% | 30.95% |
1.19 | 2.15 | 0.59 | 0.71 | 0.59 | 0.68 | 0.70 | -0.77 | -0.77 | 0.58 | 0.85 | 0.87 | |
EPS in Rs | 2.21 | 4.00 | 1.10 | 1.32 | 1.10 | 1.26 | 1.30 | -1.43 | -1.43 | 1.08 | 1.58 | 1.62 |
Dividend Payout % | 27.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | -5% |
3 Years: | 4% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | -9% |
5 Years: | 5% |
3 Years: | 46% |
TTM: | 1% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | 5% |
3 Years: | -10% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 4% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 | 5.38 |
Reserves | 10.88 | 13.03 | 13.62 | 14.34 | 14.93 | 15.61 | 16.34 | 15.59 | 14.88 | 15.45 | 16.28 | 17.03 |
12.56 | 13.06 | 13.78 | 16.27 | 16.61 | 15.89 | 16.99 | 18.62 | 21.05 | 20.28 | 18.05 | 19.15 | |
12.17 | 20.23 | 16.95 | 13.42 | 10.81 | 8.09 | 6.88 | 6.04 | 4.54 | 11.20 | 14.52 | 11.16 | |
Total Liabilities | 40.99 | 51.70 | 49.73 | 49.41 | 47.73 | 44.97 | 45.59 | 45.63 | 45.85 | 52.31 | 54.23 | 52.72 |
2.58 | 3.42 | 2.62 | 1.92 | 1.78 | 1.32 | 2.08 | 1.21 | 2.66 | 2.21 | 1.38 | 3.71 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.11 | 1.11 | 1.11 | 1.11 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 |
37.30 | 47.17 | 46.00 | 46.38 | 45.00 | 42.70 | 42.56 | 43.47 | 42.24 | 49.15 | 51.90 | 48.06 | |
Total Assets | 40.99 | 51.70 | 49.73 | 49.41 | 47.73 | 44.97 | 45.59 | 45.63 | 45.85 | 52.31 | 54.23 | 52.72 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.07 | 1.35 | 0.78 | -0.09 | 1.97 | 2.90 | 1.18 | 1.02 | 2.58 | 3.37 | 4.55 | 4.05 | |
-0.89 | -0.02 | -0.03 | 0.00 | -0.19 | -0.03 | -0.26 | 0.00 | -0.05 | -0.42 | -0.07 | -1.14 | |
0.79 | -1.51 | -0.92 | 0.36 | -1.75 | -2.89 | -0.81 | -1.11 | -2.40 | -3.10 | -4.46 | -2.93 | |
Net Cash Flow | -0.03 | -0.17 | -0.17 | 0.27 | 0.03 | -0.02 | 0.11 | -0.08 | 0.13 | -0.16 | 0.02 | -0.02 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 43.30 | 65.37 | 68.16 | 66.60 | 105.47 | 137.33 | 167.37 | 254.63 | 176.65 | 133.96 | 103.33 | 68.57 |
Inventory Days | 213.52 | 207.12 | 182.94 | 145.28 | 133.75 | 238.79 | 250.82 | 622.59 | 422.77 | 455.08 | 778.05 | 640.49 |
Days Payable | 27.33 | 69.60 | 30.44 | 12.53 | 41.44 | 14.20 | 22.34 | 57.74 | 16.42 | 36.30 | 60.06 | 85.93 |
Cash Conversion Cycle | 229.48 | 202.89 | 220.66 | 199.36 | 197.77 | 361.92 | 395.85 | 819.48 | 582.99 | 552.74 | 821.32 | 623.13 |
Working Capital Days | 165.72 | 158.42 | 172.13 | 173.47 | 193.86 | 290.44 | 333.04 | 782.96 | 547.50 | 439.80 | 559.05 | 475.24 |
ROCE % | 11.52% | 16.85% | 8.84% | 9.54% | 9.00% | 8.64% | 8.18% | 3.65% | 3.51% | 7.72% | 8.34% | 7.92% |
Documents
Announcements
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Closure of Trading Window
27 Jun - Trading window closed from July 1, 2025 till 48 hours post Q1 results announcement.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
11 Jun - Submission of Annual Secretarial Compliance Report for FY 2024-25 as per SEBI regulations.
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Submission Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2025 And Auditors Report Pursuant T Regulation 33 Of SEBI (LODR), 2015
8 May - Audited Q4 and FY25 results: Revenue Rs 2767.74L, PAT Rs 86.59L, unmodified audit opinion.
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Board Meeting Intimation for Approval And Take On Record The Audited Standalone And Consolidated Financial Results Of The Company For The Year Ended 31St March, 2025.
21 Apr - Board meeting on May 8, 2025, to approve FY2025 audited results; trading window closed until May 10.
- Closure of Trading Window 26 Mar
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Profile:[1]
Natural Stone, Slatestones, Sandstones, Limestones, Quartzites, Travertines, exclusive Indian Marble & Granites along with a select variety of other Marble, Granites, Onyx & semi-precious stones. Company also develops Mosaics in Metal (Stainless steel, Copper, Brass), Stone, and Metal - Stone combinations. Company also manufactures Stone Care International Range of products like Stone Spray-N-Seal, Stone Color Enhancer which are currently available in all 'Stone Source' and 'Stone Source Select' outlets