Solid Stone Company Limited

Building material company specializing in marbles, natural stones, mosaics, and gem stones.

1990 | Mumbai, Maharashtra (India) | Active
Last Updated: December 04, 2024

Solid Stone Company Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 5.38 Cr
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 34.76 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 40.96%
  • Profit Growth 0.80%
  • Ebitda 11.54%
  • Net Worth -3.38%
  • Total Assets 0.52%

About Solid Stone Company

Solid Stone Company Limited (SSCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 May 1990 and has a history of 34 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513699.

The Corporate was formerly known as Solid Granites Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 5.38 Cr.

The company currently has active open charges totaling ₹34.76 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Solid Stone Company Limited India are Manoj Dewani as CFO and Hardik Valia as Company Secretary. Milan Khakhar, Prakash Khakhar, Sarvapriya Walia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L26960MH1990PLC056449

  • Company No.

    056449

  • Stock Symbol

    BSE : 513699

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 May 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Solid Stone Company Limited offer?

Solid Stone Company Limited offers a wide range of products and services, including Stone Tiles & Floorings, Granite Tiles, Sedimentary Stone, Sandstone, Vitrified,Ceramic Floor & Wall Tiles, Mosaic Tiles, Granite, Marble, Sandstone & Others, Granite, Slatestone, Natural Stone.

Who are the key members and board of directors at Solid Stone Company?

Executive Team (3)

Name Designation Appointment Date Status
Milan Khakhar Country flag representing In Managing Director 08-May-1990 Current
Manoj Dewani Country flag representing In CFO 13-Feb-2015 Current
Hardik Valia Country flag representing In Company Secretary 01-Aug-2009 Current

Board Members (4)

Name Designation Appointment Date Status
Sarvapriya Walia Country flag representing In Director 19-Sep-2024 Current
Prakash Khakhar Country flag representing In Whole-Time Director 08-May-1990 Current
Rashmi Ghorpade Director 19-Sep-2024 Current
Deepali Jagad Director 19-Sep-2024 Current

Financial Performance of Solid Stone Company.

Solid Stone Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 40.96% increase. The company also saw a slight improvement in profitability, with a 0.8% increase in profit. The company's net worth dipped by a decrease of 3.38%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
40.96%
Revenue from Operations
41.14%
Total Assets
0.52%
Profit or Loss
0.80%
Net Worth
-3.38%
EBITDA
11.54%

What is the Ownership and Shareholding Structure of Solid Stone Company?

In 2023, Solid Stone Company had a promoter holding of 70.09% and a public holding of 29.91%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹34.76 Cr

Satisfied Charges

₹0.05 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 34.56 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
27 Mar 2023 Hdfc Bank Limited ₹2.00 M Open
09 Sep 2016 State Bank Of India ₹17.85 Cr Open
02 Aug 2000 State Bank Of India ₹5.20 Cr Open
16 May 2000 State Bank Of India ₹0.09 M Open
18 May 1998 State Bank Of India ₹11.50 Cr Open

How Many Employees Work at Solid Stone Company?

Solid Stone Company has a workforce of 2 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solid Stone Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solid Stone Company's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Solid Stone Company

Recent activity within the organization

  • Director Appointment

    Sarvapriya Atamjitsingh Walia was appointed as a Director was appointed as a Director on 19 Sep 2024 & has been associated with this company since 4 months 14 days .

    19 Sep 2024

  • Director Appointment

    Rashmi Rahul Ghorpade was appointed as a Director was appointed as a Director on 19 Sep 2024 & has been associated with this company since 4 months 14 days .

    19 Sep 2024

  • Director Appointment

    Deepali Dharmendra Jagad was appointed as a Director was appointed as a Director on 19 Sep 2024 & has been associated with this company since 4 months 14 days .

    19 Sep 2024

  • Annual General Meeting

    Solid Stone Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solid Stone Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100763144 was registered on 27 Mar 2023.

    27 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Solid Stone Company Limited was incorporated on 08 May 1990.

  • The authorized share capital of Solid Stone Company Limited is ₹ 7.50 Cr and paid-up capital is ₹ 5.38 Cr.

  • Currently 7 directors are associated with Solid Stone Company Limited.

    • Milan Bhagwandas Khakhar
    • Prakash Bhagwandas Khakhar
    • Sarvapriya Atamjitsingh Walia
    • Rashmi Rahul Ghorpade
    • Deepali Dharmendra Jagad
    • Manoj Dewani
    • Hardik Valia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solid Stone Company Limited is 1501 Maker Chambers V, Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Solid Stone Company Limited is L26960MH1990PLC056449 and the company number is 056449 as per Ministry of Corporate Affairs (MCA).

  • Yes, Solid Stone Company Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Solid Stone Company Limited is https://www.solid-stone.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Solid Stone Company Limited has risen by 40.96%.

  • As Per 2022 financial reports, 2 employees are currently employed by Solid Stone Company Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Solid Stone Company Limited has experienced an downturn of -3.38%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Solid Stone Company Limited amount to ₹ 34.76 Cr.

  • The most recent Balance Sheet for Solid Stone Company Limited was filed with the ROC on 31 Mar 2023.

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