Solid Stone Company Limited Reports Audited Standalone and Consolidated Financial Results for Quarter and Year Ended March 31, 2026

Solid Stone Company Limited has reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, as approved by the Board of Directors at their meeting held on May 12, 2026. The results were prepared in accordance with Indian Accounting Standards (Ind-AS) under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors M/s. Ashar & Co. LLP, Chartered Accountants, issued unmodified audit opinions on both the standalone and consolidated financial results.

Standalone Financial Performance

On a standalone basis, the company reported revenue from operations of Rs. 2,573.53 lakhs for the year ended March 31, 2026, compared to Rs. 2,767.74 lakhs in the previous year. Total revenue, including other income of Rs. 8.10 lakhs, stood at Rs. 2,581.63 lakhs for FY26, against Rs. 2,779.75 lakhs in FY25. Net profit after tax (PAT) for the full year came in at Rs. 50.22 lakhs, compared to Rs. 86.59 lakhs in the prior year. Total comprehensive income for FY26 was Rs. 50.80 lakhs, versus Rs. 75.41 lakhs in FY25. Basic and diluted earnings per share (EPS) for the year stood at Rs. 0.93, compared to Rs. 1.61 in FY25.

The following table summarises the key standalone financial metrics:

Metric:	Q4 FY26 (Unaudited)	Q3 FY26 (Unaudited)	Q4 FY25 (Unaudited)	FY26 (Audited)	FY25 (Audited)
Revenue from Operations (Rs. lakhs):	905.89	469.79	764.35	2,573.53	2,767.74
Other Income (Rs. lakhs):	3.86	1.05	(0.23)	8.10	12.01
Total Revenue (Rs. lakhs):	909.75	470.84	764.12	2,581.63	2,779.75
Total Expenses (Rs. lakhs):	860.06	464.77	719.59	2,498.97	2,653.56
Profit Before Tax (Rs. lakhs):	49.69	6.07	44.53	82.66	126.19
Net PAT (Rs. lakhs):	28.80	4.23	22.64	50.22	86.59
Total Comprehensive Income (Rs. lakhs):	37.76	1.43	12.79	50.80	75.41
Basic & Diluted EPS (Rs.):	0.54	0.08	0.42	0.93	1.61

Standalone Expense Breakdown

For the full year ended March 31, 2026, total standalone expenses amounted to Rs. 2,498.97 lakhs, compared to Rs. 2,653.56 lakhs in FY25. Key expense components for FY26 included:

Purchase of Stock-in-Trade: Rs. 1,539.61 lakhs (FY25: Rs. 1,585.77 lakhs)
Employee Benefits Expenses: Rs. 300.81 lakhs (FY25: Rs. 281.08 lakhs)
Finance Costs: Rs. 215.19 lakhs (FY25: Rs. 195.85 lakhs)
Other Expenditure: Rs. 271.16 lakhs (FY25: Rs. 352.10 lakhs)
Depreciation and Amortisation: Rs. 128.61 lakhs (FY25: Rs. 91.80 lakhs)
Cost of Raw Materials Consumed: Rs. 20.51 lakhs (FY25: Rs. 11.53 lakhs)

Standalone Balance Sheet Highlights

As at March 31, 2026, standalone total assets stood at Rs. 5,041.32 lakhs, compared to Rs. 5,272.14 lakhs as at March 31, 2025. Total equity was Rs. 2,292.17 lakhs (FY25: Rs. 2,241.38 lakhs), comprising equity share capital of Rs. 538.00 lakhs and other equity of Rs. 1,754.17 lakhs. Total liabilities were Rs. 2,749.15 lakhs, down from Rs. 3,030.76 lakhs in the prior year. Inventories remained the largest current asset at Rs. 3,021.22 lakhs (FY25: Rs. 3,041.14 lakhs), while cash and cash equivalents stood at Rs. 6.33 lakhs as at March 31, 2026.

Balance Sheet Item:	31st March, 2026 (Rs. lakhs)	31st March, 2025 (Rs. lakhs)
Total Assets:	5,041.32	5,272.14
Total Equity:	2,292.17	2,241.38
Total Liabilities:	2,749.15	3,030.76
Inventories:	3,021.22	3,041.14
Trade Receivables:	485.19	519.68
Cash and Cash Equivalents:	6.33	6.48
Non-Current Borrowings:	341.22	467.95
Current Borrowings:	1,270.65	1,264.94

Standalone Cash Flow Summary

For the year ended March 31, 2026, net cash from operating activities was Rs. 515.63 lakhs, compared to Rs. 405.14 lakhs in FY25. Net cash used in investing activities was Rs. -88.90 lakhs (FY25: Rs. -114.44 lakhs), while net cash from financing activities was Rs. -426.87 lakhs (FY25: Rs. -293.19 lakhs). Cash and cash equivalents decreased marginally from Rs. 6.48 lakhs as at April 1, 2025, to Rs. 6.33 lakhs as at March 31, 2026.

Consolidated Financial Performance

On a consolidated basis, which includes the results of associate company Global Instile Solid Industries Limited, total revenue for FY26 stood at Rs. 2,581.63 lakhs, compared to Rs. 2,779.75 lakhs in FY25. Consolidated profit before tax for the year was Rs. 82.57 lakhs (FY25: Rs. 122.16 lakhs), after accounting for a share of loss from associates of Rs. 0.08 lakhs (FY25: loss of Rs. 4.03 lakhs). Consolidated PAT for FY26 was Rs. 50.13 lakhs, against Rs. 82.56 lakhs in the prior year. Total comprehensive income on a consolidated basis was Rs. 50.71 lakhs for FY26, compared to Rs. 71.38 lakhs in FY25. Basic and diluted consolidated EPS for the year was Rs. 0.93, versus Rs. 1.53 in FY25.

Metric:	Q4 FY26 (Unaudited)	Q3 FY26 (Unaudited)	Q4 FY25 (Unaudited)	FY26 (Audited)	FY25 (Audited)
Revenue from Operations (Rs. lakhs):	905.89	469.79	764.35	2,573.53	2,767.74
Total Revenue (Rs. lakhs):	909.75	470.84	764.12	2,581.63	2,779.75
Profit Before Tax (Rs. lakhs):	50.66	5.90	42.07	82.57	122.16
Net PAT (Rs. lakhs):	29.77	4.06	20.18	50.13	82.56
Total Comprehensive Income (Rs. lakhs):	38.73	1.25	10.33	50.71	71.38
Basic & Diluted EPS (Rs.):	0.55	0.08	0.38	0.93	1.53

Consolidated Balance Sheet and Cash Flow

Consolidated total assets as at March 31, 2026, stood at Rs. 5,038.33 lakhs, compared to Rs. 5,269.22 lakhs as at March 31, 2025. Total consolidated equity was Rs. 2,289.17 lakhs (FY25: Rs. 2,238.47 lakhs), and total consolidated liabilities were Rs. 2,749.15 lakhs (FY25: Rs. 3,030.76 lakhs). Consolidated net cash from operating activities for FY26 was Rs. 515.63 lakhs (FY25: Rs. 405.14 lakhs), while net cash used in investing activities was Rs. -88.90 lakhs (FY25: Rs. -114.44 lakhs). Net cash from financing activities was Rs. -426.87 lakhs (FY25: Rs. -293.19 lakhs), resulting in a net decrease in cash and cash equivalents of Rs. -0.15 lakhs for the year.

The company is primarily engaged in the business of natural stones, building materials, and allied building business activities, which is treated as a single reportable segment under Ind AS-108. The paid-up equity share capital remained unchanged at Rs. 538.00 lakhs (face value of Rs. 10/- per share) across both standalone and consolidated results.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.96%	+5.59%	+4.06%	-20.04%	-17.05%	+6.96%

Solid Stone Company Limited has notified BSE Limited of an upcoming board meeting, in compliance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled to be held on Tuesday, 12th May, 2026, at which the Board of Directors will consider and approve the audited standalone and consolidated financial results of the company for the year ended 31st March, 2026.

Board Meeting Details

The key details of the scheduled board meeting and the associated trading window closure are outlined below:

Parameter:	Details
Board Meeting Date:	Tuesday, 12th May, 2026
Purpose:	Approval of Audited Standalone and Consolidated Financial Results
Financial Period:	Year ended 31st March, 2026
Trading Window Closed Since:	1st April, 2026
Trading Window Reopens After:	Thursday, 14th May, 2026 (both days inclusive)

Trading Window Closure

In line with the company's intimation dated 28th March, 2026, the trading window for dealing in equity shares of Solid Stone Company Limited has been closed since 1st April, 2026. This closure was implemented for the publication of audited financial results for the quarter and year ended 31st March, 2026. The trading window will remain closed through Thursday, 14th May, 2026 (both days inclusive), as per the Company's Code of Conduct for Prohibition of Insider Trading, which governs, monitors, and reports trading by designated persons.

The intimation was submitted to the General Manager, BSE Limited, Dalal Street, Fort, Mumbai – 400023, and was signed by Hardik Valia, Company Secretary and Compliance Officer (ACS-22571), on behalf of Solid Stone Company Limited.