Solid Stone Co

Why is Solid Stone Company Ltd falling/rising?

As of 09-Jun, Solid Stone Company Ltd's stock price is declining at 26.40, down 0.38%, following three days of gains and underperforming its sector by 2.56%. Investor interest has decreased significantly, and the stock's long-term fundamentals are weak, contributing to a year-over-year return of -24.57%.

As of 09-Jun, Solid Stone Company Ltd is experiencing a decline in its stock price, currently at 26.40, reflecting a change of -0.1 (-0.38%). This drop follows a trend reversal after three consecutive days of gains. The stock has underperformed its sector by 2.56% today, indicating a lack of momentum compared to its peers in the Ceramics/Marble/Granite/Sanitaryware sector, which has gained by 2.17%.<BR><BR>Investor participation has also decreased, with delivery volume falling by 58.93% against the 5-day average, suggesting reduced interest from investors. Although the stock is trading at a discount compared to its peers' average historical valuations, its long-term fundamentals are weak, evidenced by a low Return on Capital Employed (ROCE) of 6.58% and a high Debt to EBITDA ratio of 4.27 times. <BR><BR>Over the past year, the stock has generated a return of -24.57%, significantly underperforming against the benchmark, which has seen a decline of only -10.34%. This consistent underperformance, coupled with a decline in net sales and profits, contributes to the overall negative sentiment surrounding the stock, leading to its current price decline.

Which are the latest news on Solid Stone Co?

Are Solid Stone Company Ltd latest results good or bad?

Solid Stone Company Ltd's latest Q4 FY26 results show strong sales and profit growth, with net sales up 92.77% quarter-on-quarter and net profit up 650%. However, low return on equity and capital employed, along with declining operating margins, indicate ongoing challenges that could impact future performance, leading to a cautious outlook.

Solid Stone Company Ltd's latest results for Q4 FY26 show a mixed performance. On the positive side, the company reported net sales of ₹9.06 crores, which is a substantial 92.77% increase quarter-on-quarter and an 18.59% increase year-on-year. Additionally, net profit surged by 650% to ₹0.30 crores compared to the previous quarter, indicating a significant recovery from prior subdued performance.<BR><BR>However, despite these impressive revenue and profit growth figures, there are notable concerns regarding profitability metrics. The return on equity (ROE) remains low at 2.41%, and the return on capital employed (ROCE) is just 6.30%. These figures highlight the company's struggle to generate meaningful returns for shareholders, which is a critical aspect of financial health.<BR><BR>Moreover, the operating margin decreased slightly to 16.45%, suggesting that while revenues increased, the cost structure may be impacting profitability. The company also faces challenges such as high leverage and a lack of institutional investor interest, which raises questions about its long-term growth prospects.<BR><BR>In summary, while the latest results indicate a positive turnaround in sales and profits, the underlying financial metrics suggest that Solid Stone Company is still grappling with significant challenges that could affect its future performance. Therefore, the overall assessment leans towards cautious optimism, but with substantial concerns that need to be addressed.

Should I buy, sell or hold Solid Stone Company Ltd?

When is the next results date for Solid Stone Company Ltd?

The next results date for Solid Stone Company Ltd is 10 February 2026.

The next results date for Solid Stone Company Ltd is on 10 February 2026.

How has been the historical performance of Solid Stone Co?

Solid Stone Co's historical performance shows fluctuating net sales and profitability, with net sales increasing to 27.68 Cr in March 2025 but declining from 30.80 Cr in March 2023. While operating profit slightly decreased to 4.02 Cr, profit after tax rose to 0.87 Cr, indicating variability in financial metrics.

Answer:<BR>The historical performance of Solid Stone Co shows a fluctuating trend in net sales and profitability over the years. <BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Solid Stone Co reported net sales of 27.68 Cr, an increase from 24.02 Cr in March 2024, but a decline from 30.80 Cr in March 2023. The total operating income for March 2025 was also 27.68 Cr, reflecting similar trends. The company’s total expenditure, excluding depreciation, was 23.66 Cr in March 2025, up from 19.86 Cr in March 2024, which contributed to an operating profit of 4.02 Cr, slightly down from 4.16 Cr the previous year. Profit before tax increased to 1.26 Cr in March 2025 from 1.12 Cr in March 2024, leading to a profit after tax of 0.87 Cr, which is a marginal increase from 0.85 Cr in the prior year. The earnings per share (EPS) for March 2025 was reported at 1.54, down from 1.58 in March 2024. The total assets of the company were 52.01 Cr in March 2025, a decrease from 53.95 Cr in March 2024, while total liabilities also decreased to 52.01 Cr from 53.95 Cr. The cash flow from operating activities remained stable at 4.00 Cr for both March 2025 and March 2024, indicating consistent operational performance. Overall, Solid Stone Co has shown variability in its financial metrics, with some improvements in profitability but challenges in maintaining sales levels.

Is Solid Stone Co overvalued or undervalued?

As of August 11, 2025, Solid Stone Co is assessed as fairly valued with a PE ratio of 18.29, an EV to EBITDA of 9.37, and a Price to Book Value of 0.82, making it attractive compared to peers like Kajaria Ceramics at 61 and L T Foods at 25.91, while also showing a 1-week return of 2.72% against a 0.51% decline in the Sensex.

As of 11 August 2025, the valuation grade for Solid Stone Co has moved from very attractive to attractive. The company is currently assessed as fairly valued. Key ratios include a PE ratio of 18.29, an EV to EBITDA of 9.37, and a Price to Book Value of 0.82. <BR><BR>In comparison with peers, Solid Stone Co's PE ratio is significantly lower than that of Kajaria Ceramics, which is considered expensive at a PE of 61, while L T Foods is attractive with a PE of 25.91. The company's recent stock performance shows a 1-week return of 2.72%, outperforming the Sensex, which declined by 0.51% in the same period.

How big is Solid Stone Co?

As of 24th July, Solid Stone Company Ltd has a market capitalization of 20.00 Cr, with recent net sales of 27.67 Cr and a net profit of 0.82 Cr. Shareholder's funds are 21.67 Cr, and total assets amount to 53.95 Cr.

As of 24th July, Solid Stone Company Ltd has a market capitalization of 20.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 27.67 Cr and a Net Profit of 0.82 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 21.67 Cr and Total Assets of 53.95 Cr.

What does Solid Stone Co do?

Solid Stone Company Ltd is a micro-cap firm in the miscellaneous industry, originally incorporated in 1990, with reported net sales of 76 Cr and a net profit of 2 Cr for the quarter ending March 2025. The company has a market cap of INR 19 Cr and key financial metrics include a P/E ratio of 19.00 and a debt-equity ratio of 0.85.

Overview:<BR>Solid Stone Company Ltd operates in the miscellaneous industry as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated in 1990 under the name Solid Granites Private Limited and commenced commercial operations in January 1992. It later transitioned to a Public Limited Company and received a Fresh Certificate of Incorporation confirming this change. The latest reported quarter for sales and profit is March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 76 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market cap: INR 19 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00 <BR>Industry P/E: 35 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.85 <BR>Return on Equity: 3.66% <BR>Price to Book: 0.84 <BR><BR>Contact Details:<BR>Address: 1501 Maker Chambers - V, Nariman Point Mumbai Maharashtra : 400021 <BR>Tel: 91 22 66115800 <BR>Email: sglinvserv@gmail.com <BR>Website: http://www.solid-stone.com

Who are the top shareholders of the Solid Stone Co?

The top shareholder of Solid Stone Co is promoter Prakash B Khakhar with 31.97% ownership, while the highest public shareholder is Falguni S Nayar at 3.42%. Individual investors collectively hold 20.16% of the shares, and there are no pledged promoter holdings or institutional investors.

The top shareholders of Solid Stone Co include Prakash B Khakhar, who is the promoter with the highest holding at 31.97%. The company does not have any pledged promoter holdings, and there are no mutual funds or foreign institutional investors holding shares. The highest public shareholder is Falguni S Nayar, who holds 3.42%. Additionally, individual investors collectively hold 20.16% of the company's shares.

What is the technical trend for Solid Stone Co?

As of June 5, 2025, Solid Stone Co's trend is mildly bullish, supported by bullish weekly and monthly MACD and Bollinger Bands, despite some mixed signals from daily moving averages.

As of 5 June 2025, the technical trend for Solid Stone Co has changed from mildly bearish to mildly bullish. The weekly MACD and Bollinger Bands are both bullish, supporting the positive shift in sentiment. The monthly MACD is also bullish, while the RSI shows no signal on the weekly but is bullish on the monthly, indicating potential strength. However, the daily moving averages remain mildly bearish, which suggests some caution in the short term. The KST is bullish on the weekly but mildly bearish on the monthly, and Dow Theory indicates a mildly bullish stance on the weekly with no trend on the monthly. Overall, the current stance is mildly bullish, driven by the bullish indicators on the weekly and monthly time frames, despite some mixed signals from the daily moving averages.

Who are in the management team of Solid Stone Co?

As of March 2023, the management team of Solid Stone Co includes Milan B Khakhar (Chairman/Executive Director), Prakash B. Khakhar (ED/Joint MD/Promoter), and three Independent Non-Executive Directors: A. Y. Parekh, K. Gopi Nair, and Gaurav S. Davda. Executive directors earn a total remuneration of Rs. 36.02 lacs, while independent directors do not receive any remuneration.

As of March 2023, the management team of Solid Stone Co includes the following members:<BR><BR>1. Milan B Khakhar - Chairman / Executive Director<BR>2. Prakash B. Khakhar - ED / Joint MD / Promoter<BR>3. A. Y. Parekh - Independent Non-Executive Director<BR>4. K. Gopi Nair - Independent Non-Executive Director<BR>5. Gaurav S. Davda - Independent Non-Executive Director<BR><BR>The remuneration for the executive directors is Rs. 36.02 lacs, while the independent directors do not receive any remuneration.

Has Solid Stone Co declared dividend?

Yes, Solid Stone Company Ltd has declared a dividend of 6% (0.6 per share) as of September 19, 2014, but the dividend yield is 0%, indicating no recent dividends. Total returns have varied, with a notable 93.54% gain over the past 5 years.

Yes, Solid Stone Company Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 6%<BR>- Amount per share: 0.6<BR>- Ex-date: Sep-19-2014<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 2.78%, the dividend return was 0%, resulting in a total return of 2.78%.<BR><BR>In the 1-year period, the price return was 3.86%, the dividend return was 0%, resulting in a total return of 3.86%.<BR><BR>In the 2-year period, the price return was 32.63%, the dividend return was 0%, resulting in a total return of 32.63%.<BR><BR>In the 3-year period, the price return was -21.16%, the dividend return was 0%, resulting in a total return of -21.16%.<BR><BR>In the 4-year period, the price return was 17.06%, the dividend return was 0%, resulting in a total return of 17.06%.<BR><BR>In the 5-year period, the price return was 93.54%, the dividend return was 0%, resulting in a total return of 93.54%.<BR><BR>Overall, while Solid Stone Company Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the company has not issued dividends in recent periods. The total returns show a mix of performance, with significant gains over longer periods, particularly in the 5-year span.

Who are the peers of the Solid Stone Co?

Peers of Solid Stone Co include Coal India, Doms Industries, Sandur Manganese, and others. Solid Stone Co has below average management risk, growth, and capital structure compared to its peers, with a 1-year return of 0.83%.

Peers: The peers of Solid Stone Co are Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, Citichem India, Gala Global, Kiran Print Pack, Triveni Glass, and Antarctica.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coal India, Sandur Manganese, while Good management risk is found at Doms Industries and Citichem India. Average management risk is noted at Navneet Educat. and Flair Writing, and Below Average management risk is present at Solid Stone Co, Gala Global, Kiran Print Pack, and Antarctica. Excellent growth is seen at Coal India, Doms Industries, and Sandur Manganese, while Below Average growth is found at Solid Stone Co, Gala Global, Flair Writing, and Antarctica. Average growth is noted at Navneet Educat., and Good growth is observed at Citichem India. Excellent capital structure is present at Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, while Below Average capital structure is found at Solid Stone Co, Gala Global, Kiran Print Pack, and Antarctica.<BR><BR>Return Snapshot: Kiran Print Pack has the highest 1-year return at 219.31%, while Coal India has the lowest at -23.38%. Solid Stone Co's 1-year return is 0.83%, which is higher than Coal India's but lower than Kiran Print Pack's. Additionally, peers with negative six-month returns include Coal India, Sandur Manganese, Citichem India, Gala Global, Triveni Glass, and Antarctica.