Solid Stone Company Ltd
Solid works are involved in Services of Marble, Natural Stone, Granites, and Wooden Flooring.
- Market Cap ₹ 19.2 Cr.
- Current Price ₹ 35.6
- High / Low ₹ 46.9 / 27.2
- Stock P/E 29.9
- Book Value ₹ 40.3
- Dividend Yield 0.00 %
- ROCE 8.34 %
- ROE 4.05 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.88 times its book value
- Debtor days have improved from 138 to 103 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 -10.2% over past five years.
- Company has a low return on equity of 1.07% 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
43.23 | 48.39 | 55.78 | 58.42 | 66.09 | 61.36 | 41.17 | 36.55 | 17.23 | 24.32 | 30.79 | 24.02 | 22.23 | |
39.72 | 44.74 | 51.72 | 54.97 | 62.22 | 57.66 | 37.70 | 32.66 | 15.25 | 22.13 | 26.86 | 19.84 | 18.44 | |
Operating Profit | 3.51 | 3.65 | 4.06 | 3.45 | 3.87 | 3.70 | 3.47 | 3.89 | 1.98 | 2.19 | 3.93 | 4.18 | 3.79 |
OPM % | 8.12% | 7.54% | 7.28% | 5.91% | 5.86% | 6.03% | 8.43% | 10.64% | 11.49% | 9.00% | 12.76% | 17.40% | 17.05% |
0.06 | 0.07 | 1.87 | -0.02 | 0.03 | -0.09 | 0.22 | 0.15 | -0.01 | 0.03 | 0.12 | 0.06 | 0.09 | |
Interest | 1.46 | 1.28 | 1.80 | 1.79 | 2.14 | 2.11 | 2.18 | 2.03 | 2.35 | 2.38 | 2.36 | 2.23 | 2.15 |
Depreciation | 0.51 | 0.58 | 0.85 | 0.71 | 0.66 | 0.49 | 0.49 | 0.94 | 0.59 | 0.80 | 0.87 | 0.89 | 0.90 |
Profit before tax | 1.60 | 1.86 | 3.28 | 0.93 | 1.10 | 1.01 | 1.02 | 1.07 | -0.97 | -0.96 | 0.82 | 1.12 | 0.83 |
Tax % | 46.25% | 36.02% | 34.45% | 35.48% | 34.55% | 42.57% | 33.33% | 34.58% | -20.62% | -19.79% | 29.27% | 24.11% | |
0.86 | 1.19 | 2.15 | 0.59 | 0.71 | 0.59 | 0.68 | 0.70 | -0.77 | -0.77 | 0.58 | 0.85 | 0.64 | |
EPS in Rs | 1.60 | 2.21 | 4.00 | 1.10 | 1.32 | 1.10 | 1.26 | 1.30 | -1.43 | -1.43 | 1.08 | 1.58 | 1.18 |
Dividend Payout % | 37.53% | 27.13% | 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: | -10% |
3 Years: | 12% |
TTM: | -26% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 5% |
3 Years: | 47% |
TTM: | -42% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | 13% |
3 Years: | 10% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 10.08 | 10.88 | 13.03 | 13.62 | 14.34 | 14.93 | 15.61 | 16.34 | 15.59 | 14.88 | 15.45 | 16.28 |
10.24 | 12.56 | 13.06 | 13.78 | 16.27 | 16.61 | 15.89 | 16.99 | 18.62 | 21.05 | 20.28 | 18.05 | |
12.24 | 12.17 | 20.23 | 16.95 | 13.42 | 10.81 | 8.09 | 6.88 | 6.04 | 4.54 | 11.20 | 14.52 | |
Total Liabilities | 37.94 | 40.99 | 51.70 | 49.73 | 49.41 | 47.73 | 44.97 | 45.59 | 45.63 | 45.85 | 52.31 | 54.23 |
2.24 | 2.58 | 3.42 | 2.62 | 1.92 | 1.78 | 1.32 | 2.08 | 1.21 | 2.66 | 2.21 | 1.38 | |
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 | 1.11 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 | 0.95 |
34.59 | 37.30 | 47.17 | 46.00 | 46.38 | 45.00 | 42.70 | 42.56 | 43.47 | 42.24 | 49.15 | 51.90 | |
Total Assets | 37.94 | 40.99 | 51.70 | 49.73 | 49.41 | 47.73 | 44.97 | 45.59 | 45.63 | 45.85 | 52.31 | 54.23 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.25 | 0.07 | 1.35 | 0.78 | -0.09 | 1.97 | 2.90 | 1.18 | 1.02 | 2.58 | 3.37 | 4.55 | |
0.11 | -0.89 | -0.02 | -0.03 | 0.00 | -0.19 | -0.03 | -0.26 | 0.00 | -0.05 | -0.42 | -0.07 | |
-1.31 | 0.79 | -1.51 | -0.92 | 0.36 | -1.75 | -2.89 | -0.81 | -1.11 | -2.40 | -3.10 | -4.46 | |
Net Cash Flow | 0.05 | -0.03 | -0.17 | -0.17 | 0.27 | 0.03 | -0.02 | 0.11 | -0.08 | 0.13 | -0.16 | 0.02 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40.61 | 43.30 | 65.37 | 68.16 | 66.60 | 105.47 | 137.33 | 167.37 | 254.63 | 176.65 | 133.96 | 103.33 |
Inventory Days | 199.52 | 213.52 | 207.12 | 182.94 | 145.28 | 133.75 | 238.79 | 250.82 | 622.59 | 422.77 | 455.08 | 778.05 |
Days Payable | 31.08 | 27.33 | 69.60 | 30.44 | 12.53 | 41.44 | 14.20 | 22.34 | 57.74 | 16.42 | 36.30 | 60.06 |
Cash Conversion Cycle | 209.05 | 229.48 | 202.89 | 220.66 | 199.36 | 197.77 | 361.92 | 395.85 | 819.48 | 582.99 | 552.74 | 821.32 |
Working Capital Days | 163.12 | 165.72 | 158.42 | 172.13 | 173.47 | 193.86 | 290.44 | 333.04 | 782.96 | 547.50 | 439.80 | 559.05 |
ROCE % | 12.68% | 11.52% | 16.85% | 8.84% | 9.54% | 9.00% | 8.64% | 8.18% | 3.65% | 3.51% | 7.72% | 8.34% |
Documents
Announcements
- Closure of Trading Window 30 Sep
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 19 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 19 Sep
-
Intimation Of Book Closure From 13.09.2024 To 19.09.2024 (Both Days Inclusive) For The Purpose Of Annual General Meeting Of The Company.
27 Aug - Notice of book closure for annual AGM.
- Annual General Meeting Of The Shareholders Of The Company Will Be Held On 19Th September, 2024 At 09.30 A.M, Through VIDEO CONFERENCING (VC) OR OTHER AUDIO VISUAL MEANS (OAVM) 27 Aug
Annual reports
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Financial Year 2024
from bse
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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
from bse
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