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Solid Stone Company Ltd. Stock Analysis

Small Cap
Evaluated by 63 users | BSE: 513699 | NSE: |
Trading
The year 1950 saw the rise of the Bhagwan Khakhar group, resulting in the inception of Solid Stone Company Ltd, formerly known as Solid Granites Ltd -- a flagship company of the Khakhar group. Over the years, Solid Stone Company Limited has carved an enviable niche in a competitive market;...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 6.17%7.59%7.21%7.78%7.72%11.42%5.83%6.58%5.94%5.72%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 38.444.344.744.949.957.559.966.161.441.2
Y-o-Y Gr. Rt.-15.3%0.9%0.5%11.2%15.2%4.2%10.3%-7.2%-32.9%
Adjusted EPS (Rs.) 1.111.621.311.752.254.061.151.421.281.09
Y-o-Y Gr. Rt.-46%-19.1%33.6%28.6%80.4%-71.7%23.5%-9.9%-14.8%
Book Value per Share (Rs.) 26.0326.8927.8228.7230.2334.2235.3236.6637.7539.02
Adjusted Net Profit 0.60.90.70.91.22.20.60.80.70.6
Net Op. Cash Flow (Rs. Cr.) -0.40.60.91.30.11.40.8-0.122.9
Debt to Cash Flow from Ops -17.6915.5110.528.19174.639.6917.71-182.18.455.48
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Solid Stone Company Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 0.8%-3.8%-11.8%-32.9%
Adjusted EPS -0.2%-13.5%-1.8%-14.8%
Book Value per Share 4.65.23.43.4
Share Price -2.7% -3.3% -23.4% 88.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 4.326.134.796.187.6512.63.323.963.432.83
Operating Profit Margin (%) 6.426.697.337.827.377.155.755.916.048.42
Net Profit Margin (%) 1.561.971.582.12.433.81.041.161.121.42
Debt to Equity 0.540.590.660.660.770.710.730.830.820.76
Working Capital Days 327285269269257264282253268382
Cash Conversion Cycle 14193130159166165175176186291
Entity Percentage Holding
Promoters 70.09%
Non-Institutions 29.91%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Solid Stone Co's performance infers:

Solid Stone Co earnings have declined by -13.5%, whereas share price has depreciated -3.3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Solid Stone Co share prices over the last 10 years. Here is what we found out:

Solid Stone Co share price has depreciated -2.1% annually over the past ten years.

The year 1950 saw the rise of the Bhagwan Khakhar group, resulting in the inception of Solid Stone Company Ltd, formerly known as Solid Granites Ltd -- a flagship company of the Khakhar group. Over the years, Solid Stone Company Limited has carved an enviable niche in a competitive market; Headquartered in Mumbai, the company has spread its wings across the globe. The company's shares are also listed on the Bombay Stock Exchange.

The company has been a pioneer in the development of mosaics

The year 1950 saw the rise of the Bhagwan Khakhar group, resulting in the inception of Solid Stone Company Ltd, formerly known as Solid Granites Ltd -- a flagship company of the Khakhar group. Over the years, Solid Stone Company Limited has carved an enviable niche in a competitive market; Headquartered in Mumbai, the company has spread its wings across the globe. The company's shares are also listed on the Bombay Stock Exchange.

The company has been a pioneer in the development of mosaics in metal (stainless steel, copper, brass), stone, and metal – stone combinations, which have been designed to keep its customers spoilt for choice. With the wide array of patterns that they have and the flexibility to mix and match their product lines, no project looks or feels complete without the exclusive & unique “Solid Stone Touch”

They at Solid Stone Company Ltd; truly believe that “They are what they repeatedly do. Excellence, then, is not an act, but a habit.” And it is this belief that led to the latest addition to their product line; a unique range of Semi Precious & Gemstones which are available in amazing arrays with a range of over 25 varieties, in all forms, patterns and sizes. Their new semi-precious and gemstone collection helps blend the old with the new, so that their customers not only enjoy the rare appeal of the semi-precious and Gemstones, but also the mythical curative effects of these stone.

With five company owned stores in India, one in the Middle East (Dubai), one in the UK (Leicester) , and many more stores planned in the not too distant future, the company has fixed its sights to become the premier brand name in the natural stone industry; in not only India but all around the world.

It supplies Gem Stones in India, Gem Stones, Granite Flooring Pattern, Handcrafted Stones In India, Handcrafted Stones, Inlays In India, Inlays Pattern In India, Inlays Pattern, Inlays, Granites & Onyx, Lime Stones, Marble Mosaics In India, Stone Mosaics In India, Stone Mosaics Pattern In India, Stone Mosaics Pattern, Stone Mosaics, Marble Mosaics In India, Granite Kitchen Countertops, Granite Kitchen Countertops Patterns, Granite Kitchen Countertops, Granite Marbles, Granite Slab Countertops Granite Slab and Granite Tiles.

Products range of the company includes:

  • Granite
  • Marble
  • Slate-stone
  • Mosaic
  • Metal Mosaics
  • Semi Precious
  • Articles
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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