Somi Conveyor Beltings Limited

Somi Conveyor Beltings Limited

74.25
INR
-3.44
(-4.43%)
3.76EPS
27.95P/E
1.24BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
55.62
63.47
49.3
52.24
53.99
50.82
38.96
39.7
48.5
79.52
86.64
85.94
85.44
76.67
Basic EPS, GAAP
3.06
3.63
1.94
0.34
0.86
1.31
2.06
1.5
1.46
2.94
3.86
4.66
4.27
3.76
Free Cash Flow per Basic Share
1.39
-5.53
1.82
4.62
2.12
3.25
3.78
2.92
-3.76
12.66
4.02
-7.87
8.63
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
43.91
47.54
48.03
47.18
48.08
48.83
51.63
53.06
54.52
56.45
60.32
64.97
69.23
- -
Tangible Book Value per Share
43.9
47.53
48.02
47.17
48.07
48.82
51.62
53.06
52.87
55.04
59.13
64.96
69.1
- -
Basic Weighted Avg Shares
12
12
12
12
12
12
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
655
748
581
615
636
599
459
468
571
937
1,021
1,012
1,006
901
Operating Margin (%)
10.93
9.78
12
5.31
7.44
9.27
12.88
13.76
9.62
8.58
8.08
9
10.06
8.44
Depreciation Expense
40
51
68
57
49
34
11
10
10
10
12
13
15
16
Net Income, GAAP
36
43
23
4
10
15
24
18
17
35
46
55
50
44
Effective Tax Rate (%)
32.94
27.13
37.91
40.34
28.75
29.06
25.46
25.18
33.3
18.87
25.35
28.12
31.43
32.01
Profit Margin (%)
5.5
5.72
3.94
0.64
1.59
2.58
5.29
3.77
3
3.7
4.46
5.42
5
4.91
Working Capital
137
211
223
180
252
325
330
400
372
389
424
452
495
- -
LT Debt
1
116
71
1
14
59
27
60
50
33
11
12
17
- -
Total Equity
517
560
566
556
566
575
608
625
642
665
711
765
815
- -
Return on Invested Capital (%)
5.61
5.56
2.57
0.93
3.93
4.65
5.45
5.09
4.11
6.37
6.49
6.92
5.94
- -
Return on Capital (%)
6.89
7.56
4.61
2.73
4.41
4.24
5.44
4.55
3.7
5.76
6.41
6.81
5.98
- -
Return on Common Equity (%)
7.22
7.94
4.07
0.71
1.8
2.71
4.1
2.86
2.71
5.31
6.62
7.43
6.36
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
118
- -
LT Borrowings
- -
17
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
1,454
1,046
1,239

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
763
- -
Cash, Cash Equivalents & STI
- -
105
- -
Accounts Receivable, Net
- -
239
- -
Inventories
- -
370
- -
Total Current Liabilities
- -
268
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
118
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.76%
5.48%
6.54%
Free Cash Flow
-109.18%
-247.74%
-209.63%
Net Income, GAAP
29.78%
28.61%
-8.3%
Sales/Revenue/Turnover
7.57%
18.74%
-0.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
152
341
276
243
1,012
2026
262
197
375
173
1,006
2027
156
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.63
2.01
1.26
0.76
4.66
2026
1.02
0.73
2.02
0.5
4.27
2027
0.51
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Om Prakash Bhansali
Full Time Employees
121
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
15, Oliver House Jodhpur RA India 342003
IPO Date
Jul 24, 2008
Business
Somi Conveyor Beltings Limited engages in the manufacture and sale of a comprehensive range of conveyor belts and related products, primarily catering to industries such as mining, cement, power, steel, and material handling. Its product portfolio includes general-purpose conveyor belts (M-24, Tiger M-27), heat resistant belts (HR, SHR Grade, SHR T2 up to 150°C, UHR Grade, UHR T3 up to 180°C, SEHR series with crackless properties up to 350°C), fire resistant belts (SEFR-81), oil resistant belts, steel cord conveyor belts (Steelo-SFX series including Fabrico, Swing, and Net Steel), aramid (bulletproof) belts, pipe conveyor belts with tubular structure, chevron belts, rough top belts, rubber sheets, and mattings. These products are designed to meet high durability, resistance, flexibility, and strength requirements for demanding industrial applications. Headquartered in India and founded in 2000, Somi Conveyor Beltings Limited operates mainly in the Indian market with a reputation for world-class quality belts equivalent to major global brands and has a manufacturing capacity exceeding 167,000 meters per year. Recent company developments include a substantial increase in net profit by 230% in the 2022-23 fiscal year, strategic efforts to expand operational capacity with new production lines at its Tanawara facility, and continued enhancements in steel cord belt manufacturing capacity making it the largest manufacturer in India. The company has introduced advanced technology belts like the Somiflex series, including special utility belts (SEHR-36, Tiger M-27), emphasizing innovation. Management changes and strengthening of corporate governance have occurred recently, including new appointments to the board of independent directors as of late 2025. The company reported a slight revenue contraction in 2025 but maintains ongoing strategic focus on product innovation and capacity expansion to solidify its leadership position in conveyor belt manufacturing in India and enhance global competitiveness. Somi Conveyor Beltings Limited serves a diverse industrial client base with durable, specialized belting solutions critical for material handling efficiency and safety.