Solid Stone Company Ltd
Solid works are involved in Services of Marble, Natural Stone, Granites, and Wooden Flooring.
- Market Cap ₹ 19.0 Cr.
- Current Price ₹ 35.4
- High / Low ₹ 42.2 / 28.2
- Stock P/E 20.9
- Book Value ₹ 40.9
- Dividend Yield 0.00 %
- ROCE 8.34 %
- ROE 4.05 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.87 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 1.09% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
44.58 | 48.73 | 56.18 | 58.90 | 66.11 | 61.36 | 41.17 | 36.55 | 17.23 | 24.32 | 30.79 | 24.02 | 27.31 | |
40.99 | 45.30 | 52.30 | 55.55 | 62.14 | 57.66 | 37.70 | 32.66 | 15.25 | 22.13 | 26.86 | 19.84 | 23.41 | |
Operating Profit | 3.59 | 3.43 | 3.88 | 3.35 | 3.97 | 3.70 | 3.47 | 3.89 | 1.98 | 2.19 | 3.93 | 4.18 | 3.90 |
OPM % | 8.05% | 7.04% | 6.91% | 5.69% | 6.01% | 6.03% | 8.43% | 10.64% | 11.49% | 9.00% | 12.76% | 17.40% | 14.28% |
0.06 | 0.07 | 1.87 | -0.02 | 0.05 | 0.55 | 0.22 | 0.15 | -0.01 | 0.03 | 0.13 | 0.06 | 0.16 | |
Interest | 1.47 | 1.28 | 1.80 | 1.80 | 2.14 | 2.11 | 2.18 | 2.03 | 2.35 | 2.38 | 2.36 | 2.23 | 2.00 |
Depreciation | 0.52 | 0.59 | 0.85 | 0.72 | 0.67 | 0.49 | 0.49 | 0.94 | 0.59 | 0.80 | 0.87 | 0.89 | 0.96 |
Profit before tax | 1.66 | 1.63 | 3.10 | 0.81 | 1.21 | 1.65 | 1.02 | 1.07 | -0.97 | -0.96 | 0.83 | 1.12 | 1.10 |
Tax % | 44.58% | 41.10% | 37.10% | 38.27% | 31.40% | 25.45% | 33.33% | 33.64% | -20.62% | -19.79% | 28.92% | 24.11% | |
0.92 | 0.97 | 2.00 | 0.51 | 0.82 | 1.22 | 0.68 | 0.70 | -0.77 | -0.77 | 0.59 | 0.85 | 0.91 | |
EPS in Rs | 1.71 | 1.80 | 3.72 | 0.95 | 1.52 | 2.27 | 1.26 | 1.30 | -1.43 | -1.43 | 1.10 | 1.58 | 1.69 |
Dividend Payout % | 35.09% | 33.28% | 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: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | 5% |
3 Years: | 47% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | 13% |
3 Years: | 11% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 1% |
3 Years: | 1% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 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 | 5.38 |
Reserves | 9.91 | 10.43 | 12.48 | 13.05 | 13.98 | 14.91 | 15.59 | 16.32 | 15.56 | 14.88 | 15.46 | 16.29 | 16.62 |
10.47 | 12.87 | 13.40 | 14.18 | 16.64 | 16.61 | 15.89 | 16.99 | 18.62 | 21.05 | 20.28 | 18.05 | 17.00 | |
12.34 | 12.30 | 20.46 | 17.20 | 13.48 | 10.80 | 8.09 | 6.88 | 6.04 | 4.55 | 11.20 | 14.52 | 14.11 | |
Total Liabilities | 38.10 | 40.98 | 51.72 | 49.81 | 49.48 | 47.70 | 44.95 | 45.57 | 45.60 | 45.86 | 52.32 | 54.24 | 53.11 |
2.32 | 2.64 | 3.47 | 2.76 | 2.05 | 1.78 | 1.32 | 2.08 | 1.21 | 2.66 | 2.21 | 1.38 | 0.94 | |
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 | 0.95 | 0.96 | 1.02 | 1.03 | 1.02 | 0.92 | 0.92 | 0.92 | 0.92 | 0.95 | 0.95 | 0.96 | 0.95 |
34.83 | 37.38 | 47.23 | 46.02 | 46.41 | 45.00 | 42.71 | 42.57 | 43.47 | 42.25 | 49.16 | 51.90 | 51.22 | |
Total Assets | 38.10 | 40.98 | 51.72 | 49.81 | 49.48 | 47.70 | 44.95 | 45.57 | 45.60 | 45.86 | 52.32 | 54.24 | 53.11 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.04 | -0.06 | 1.29 | 0.69 | -0.11 | 2.51 | 2.90 | 1.18 | 1.02 | 2.58 | 3.37 | 4.55 | |
0.10 | -0.89 | -0.02 | -0.03 | 0.00 | -0.35 | -0.03 | -0.26 | 0.00 | -0.05 | -0.42 | -0.07 | |
-1.32 | 0.78 | -1.44 | -0.89 | 0.34 | -2.16 | -2.89 | -0.81 | -1.11 | -2.40 | -3.10 | -4.46 | |
Net Cash Flow | -0.18 | -0.17 | -0.16 | -0.22 | 0.22 | 0.01 | -0.02 | 0.11 | -0.08 | 0.13 | -0.16 | 0.02 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 37.09 | 40.52 | 63.02 | 66.80 | 66.64 | 105.47 | 137.33 | 167.37 | 254.63 | 176.65 | 133.96 | 103.33 |
Inventory Days | 197.63 | 214.75 | 207.19 | 182.17 | 145.13 | 133.75 | 238.79 | 250.82 | 622.59 | 422.77 | 455.08 | 778.05 |
Days Payable | 31.01 | 28.11 | 69.99 | 31.20 | 12.52 | 41.44 | 14.20 | 22.34 | 57.74 | 16.42 | 36.30 | 60.06 |
Cash Conversion Cycle | 203.71 | 227.16 | 200.22 | 217.77 | 199.25 | 197.77 | 361.92 | 395.85 | 819.48 | 582.99 | 552.74 | 821.32 |
Working Capital Days | 157.36 | 163.29 | 155.54 | 168.87 | 173.09 | 193.86 | 290.44 | 333.04 | 782.96 | 547.50 | 439.80 | 559.05 |
ROCE % | 12.93% | 10.69% | 16.35% | 8.55% | 9.88% | 10.70% | 8.65% | 8.18% | 3.65% | 3.51% | 7.74% | 8.34% |
Documents
Announcements
-
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
-
Submission Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended December 31, 2024 And Limited Review Report Pursuant To Regulation 33 Of SEBI (LODR) Regulation, 2015
12 Feb - Submission of unaudited financial results for Q3 2024.
-
Board Meeting Intimation for Approval Of Un-Audited Financial Results For The Quarter Ended 31/12/2024
30 Jan - Notice of board meeting and trading window closure.
-
Change In Name Of Registrar Of Company
16 Jan - Change in name of Registrar of Company.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
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