Solid Stone Company Ltd

Solid Stone Company Ltd

₹ 28.5 0.00%
24 Dec - close price
About

Incorporated in 1990, Solid Stone Company
Ltd is in the business of natural stones, building materials and allied building business activities.[1]

Key Points

Business Overview:[1][2]
a) SSCL is the flagship company of Solid Group and is engaged in the business of processing and trading of pre polished marbles, natural stones, mosaics, marble slabs
and semi-precious gem stones through its unit
located at Palghar.
b) Further, it does trade of marbles through its retail outlet namely Stone Source Select in Mumbai and sells under the brand name of Stone Source
c) The company deals in very special types of Marble having unique colours for which there
is a demand in overseas and domestic market.
d) Presently, it is one of the few companies which offer all natural stone products under one roof to the buyers.
e) It is also engaged in business of Semi Precious stone.
f) SSCL has other group company, Global Instile Solid Industries Limited which is engaged in the processing of marble.

  • Market Cap 15.3 Cr.
  • Current Price 28.5
  • High / Low 41.3 / 27.3
  • Stock P/E 23.9
  • Book Value 41.8
  • Dividend Yield 0.00 %
  • ROCE 7.68 %
  • ROE 3.63 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.68 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 3.52% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
7.28 8.23 8.61 6.02 5.80 4.91 7.28 4.24 7.27 8.52 7.64 5.67 6.30
6.13 7.17 7.41 4.89 4.73 4.01 6.23 3.49 6.21 7.48 6.53 4.86 5.26
Operating Profit 1.15 1.06 1.20 1.13 1.07 0.90 1.05 0.75 1.06 1.04 1.11 0.81 1.04
OPM % 15.80% 12.88% 13.94% 18.77% 18.45% 18.33% 14.42% 17.69% 14.58% 12.21% 14.53% 14.29% 16.51%
0.03 0.08 0.02 0.02 0.02 0.03 0.03 0.03 0.01 0.09 0.00 0.01 0.02
Interest 0.57 0.59 0.57 0.59 0.57 0.52 0.55 0.51 0.45 0.49 0.51 0.45 0.53
Depreciation 0.22 0.22 0.22 0.22 0.22 0.22 0.23 0.23 0.23 0.27 0.18 0.32 0.32
Profit before tax 0.39 0.33 0.43 0.34 0.30 0.19 0.30 0.04 0.39 0.37 0.42 0.05 0.21
Tax % 28.21% 30.30% 23.26% 26.47% 63.33% -10.53% 6.67% 25.00% 23.08% 24.32% 52.38% 20.00% 42.86%
0.29 0.23 0.33 0.25 0.11 0.20 0.29 0.04 0.30 0.28 0.20 0.04 0.12
EPS in Rs 0.54 0.43 0.61 0.46 0.20 0.37 0.54 0.07 0.56 0.52 0.37 0.07 0.22
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
48.73 56.18 58.90 66.11 61.36 41.17 36.55 17.23 24.32 30.79 24.02 27.68 28.13
45.30 52.30 55.55 62.14 57.66 37.70 32.66 15.25 22.13 26.86 19.84 23.70 24.13
Operating Profit 3.43 3.88 3.35 3.97 3.70 3.47 3.89 1.98 2.19 3.93 4.18 3.98 4.00
OPM % 7.04% 6.91% 5.69% 6.01% 6.03% 8.43% 10.64% 11.49% 9.00% 12.76% 17.40% 14.38% 14.22%
0.07 1.87 -0.02 0.05 0.55 0.22 0.15 -0.01 0.03 0.13 0.06 0.12 0.12
Interest 1.28 1.80 1.80 2.14 2.11 2.18 2.03 2.35 2.38 2.36 2.23 1.96 1.98
Depreciation 0.59 0.85 0.72 0.67 0.49 0.49 0.94 0.59 0.80 0.87 0.89 0.92 1.09
Profit before tax 1.63 3.10 0.81 1.21 1.65 1.02 1.07 -0.97 -0.96 0.83 1.12 1.22 1.05
Tax % 41.10% 37.10% 38.27% 31.40% 25.45% 33.33% 33.64% -20.62% -19.79% 28.92% 24.11% 31.97%
0.97 2.00 0.51 0.82 1.22 0.68 0.70 -0.77 -0.77 0.59 0.85 0.83 0.64
EPS in Rs 1.80 3.72 0.95 1.52 2.27 1.26 1.30 -1.43 -1.43 1.10 1.58 1.54 1.18
Dividend Payout % 33.28% 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: 19%
Compounded Profit Growth
10 Years: -9%
5 Years: 3%
3 Years: 45%
TTM: -23%
Stock Price CAGR
10 Years: -4%
5 Years: -15%
3 Years: -9%
1 Year: -18%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 4%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 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 5.38
Reserves 10.43 12.48 13.05 13.98 14.91 15.59 16.32 15.56 14.88 15.46 16.29 17.00 17.11
12.87 13.40 14.18 16.64 16.61 15.89 16.99 18.62 21.05 20.28 18.05 19.15 19.54
12.30 20.46 17.20 13.48 10.80 8.09 6.88 6.04 4.55 11.20 14.52 11.16 11.19
Total Liabilities 40.98 51.72 49.81 49.48 47.70 44.95 45.57 45.60 45.86 52.32 54.24 52.69 53.22
2.64 3.47 2.76 2.05 1.78 1.32 2.08 1.21 2.66 2.21 1.38 3.71 3.95
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 0.00
Investments 0.96 1.02 1.03 1.02 0.92 0.92 0.92 0.92 0.95 0.95 0.96 0.92 0.91
37.38 47.23 46.02 46.41 45.00 42.71 42.57 43.47 42.25 49.16 51.90 48.06 48.36
Total Assets 40.98 51.72 49.81 49.48 47.70 44.95 45.57 45.60 45.86 52.32 54.24 52.69 53.22

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.06 1.29 0.69 -0.11 2.51 2.90 1.18 1.02 2.58 3.37 4.55 4.05
-0.89 -0.02 -0.03 0.00 -0.35 -0.03 -0.26 0.00 -0.05 -0.42 -0.07 -1.14
0.78 -1.44 -0.89 0.34 -2.16 -2.89 -0.81 -1.11 -2.40 -3.10 -4.46 -2.93
Net Cash Flow -0.17 -0.16 -0.22 0.22 0.01 -0.02 0.11 -0.08 0.13 -0.16 0.02 -0.02

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 40.52 63.02 66.80 66.64 105.47 137.33 167.37 254.63 176.65 133.96 103.33 68.57
Inventory Days 214.75 207.19 182.17 145.13 133.75 238.79 250.82 622.59 422.77 455.08 778.05 640.86
Days Payable 28.11 69.99 31.20 12.52 41.44 14.20 22.34 57.74 16.42 36.30 60.06 85.98
Cash Conversion Cycle 227.16 200.22 217.77 199.25 197.77 361.92 395.85 819.48 582.99 552.74 821.32 623.45
Working Capital Days 76.48 77.12 93.76 91.60 108.86 174.21 191.34 438.51 374.00 292.21 369.71 300.39
ROCE % 10.69% 16.35% 8.55% 9.88% 10.70% 8.65% 8.18% 3.65% 3.51% 7.74% 8.34% 7.68%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
70.09% 70.09% 70.09% 70.09% 70.09% 70.10% 70.10% 70.10% 70.10% 70.10% 70.10% 70.10%
29.89% 29.90% 29.92% 29.90% 29.90% 29.92% 29.91% 29.91% 29.91% 29.91% 29.91% 29.91%
No. of Shareholders 1,2481,2841,4881,5531,7161,8671,9071,9462,0222,0602,0342,053

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