Solid Stone Company Ltd (513699)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Solid Stone's revenue was ₹5.0 Cr (-11.3% year on year, -44.5% on the previous quarter), and net profit ₹0.0 Cr (+2.0% year on year); the operating margin was 16.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹5.0 | -11.3% | -44.5% |
| Operating profit | ₹0.8 | -0.9% | -46.1% |
| Net profit | ₹0.0 | +2.0% | -86.4% |
| EPS (₹) | 0.08 | +14.3% | -85.7% |
| Operating margin | 16.0% | — | — |
📢 Recent Corporate Announcements
Solid Stone Company Limited has announced the closure of its register of members from September 15, 2026, to September 21, 2026. The book closure is scheduled in connection with the company's ensuing Annual General Meeting (AGM) to be held on September 22, 2026. The notice covers 53,80,000 equity shares of face value Rs 10 each fully paid up.
- Book closure period scheduled from September 15, 2026 to September 21, 2026
- Annual General Meeting (AGM) scheduled to take place on September 22, 2026
- Covers 53,80,000 fully paid-up equity shares of face value Rs 10 each
Solid Stone Company Limited has submitted its Annual Report for FY 2025-26 and scheduled its 36th Annual General Meeting for September 22, 2026, via video conferencing. Disclosed consolidated ratios show FY26 Return on Equity fell 45% YoY to 2.21% (down from 3.99% in FY25) due to lower net profitability. Net profit margin compressed to 1.95% compared to 2.98% in FY25, while the Debt-Equity ratio improved slightly to 0.70x from 0.77x. Inventory holding remained elongated at 698.82 days compared to 654.56 days in FY25.
- 36th Annual General Meeting scheduled for September 22, 2026, via Video Conferencing.
- FY26 Consolidated Return on Equity dropped 45% YoY to 2.21% from 3.99% in FY25.
- Net Profit margin declined to 1.95% in FY26 compared to 2.98% in FY25.
- Debt-to-Equity ratio reduced to 0.70x in FY26 from 0.77x in FY25.
- Inventory turnover days expanded to 698.82 days from 654.56 days in FY25.
Solid Stone Company Limited has issued a notice convening its 36th Annual General Meeting (AGM) on September 22, 2026, at 09:30 AM IST through video conferencing. Key ordinary business items include the adoption of FY26 audited standalone and consolidated financial statements and the re-appointment of retiring director Ms. Rashmi Ghorpade. The register of members and share transfer books will remain closed from September 17, 2026, to September 21, 2026.
- 36th AGM scheduled for 22nd September, 2026 at 09:30 AM IST via VC/OAVM
- Adoption of audited financial statements for the financial year ended March 31, 2026
- Share transfer books and register of members closed from 17th September, 2026 to 21st September, 2026
- Re-appointment of Ms. Rashmi Ghorpade (DIN: 10745942), retiring by rotation
Solid Stone Company Ltd reported a weak start to the fiscal year with consolidated revenue declining 11.3% YoY to Rs 5.03 crore. Net profit remained stagnant at a marginal Rs 0.04 crore, mirroring the performance of the same quarter last year but showing a sharp sequential decline from Rs 0.30 crore in Q4 FY26. High finance costs of Rs 0.44 crore continue to weigh heavily on the bottom line, consuming nearly 9% of total revenue. The company's micro-cap status and low ROCE of 7.2% highlight ongoing efficiency challenges.
- Revenue from operations decreased to Rs 5.03 crore from Rs 5.67 crore in the year-ago quarter.
- Consolidated Net Profit stood at Rs 4.08 lakhs (approx Rs 0.04 crore) for the quarter ended June 2026.
- Finance costs remained high at Rs 43.61 lakhs, representing a significant portion of operating profit.
- Inventory levels saw a substantial change of Rs 1.37 crore (credit), indicating stock accumulation during the quarter.
- Earnings Per Share (EPS) remained negligible at Rs 0.08 for the quarter.
Solid Stone Company Ltd has scheduled its board meeting for August 13, 2026, to approve unaudited financial results for the quarter ended June 30, 2026. The company, which has a small market capitalization of Rs 14 Cr, reported a revenue of Rs 9.06 Cr in the preceding March 2026 quarter. The trading window for insiders has been closed since July 1, 2026, and will reopen after August 15, 2026. Investors should note the company's high debt-to-equity ratio of 0.78 relative to its small scale.
- Board meeting scheduled for August 13, 2026, to approve Q1 results.
- Trading window remains closed from July 1, 2026, to August 15, 2026.
- Company reported TTM revenue of Rs 26 Cr against a market cap of Rs 14 Cr.
- Previous quarter (Mar 2026) revenue stood at Rs 9.06 Cr with a net profit of Rs 0.3 Cr.
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