Sharescart Research Club logo

Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹123 Cr.
Stock P/E
22.3
P/B
1.7
Current Price
₹104.1
Book Value
₹ 60.4
Face Value
10
52W High
₹197
52W Low
₹ 85
Dividend Yield
0%

Somi Conveyor Beltg Overview

Business

Somi Conveyor Beltings Ltd. is engaged in the manufacturing and sale of rubber products, specifically conveyor belts. Its core business model revolves around producing various types of conveyor belts, likely used for material handling across diverse industrial applications such as mining, construction, power, cement, and agriculture. The company generates revenue by selling these industrial-grade rubber conveyor belts to business-to-business (B2B) clients in India.

Revenue Mix

Specific information regarding key business segments or a detailed revenue mix is not available. Given the company name, its primary focus is likely on various categories of conveyor belts (e.g., heavy-duty, light-duty, heat-resistant, oil-resistant, flame-retardant) serving different industrial requirements.

Industry

The company operates within the Indian rubber products industry, with a specialization in conveyor belt manufacturing. This industry is an ancillary to various core sectors like manufacturing, infrastructure, and mining. The market for conveyor belts in India typically consists of both organized national players and a fragmented unorganized segment. Without specific market share data, it's difficult to ascertain Somi Conveyor Beltings' precise positioning, but it would compete with other domestic manufacturers and potentially importers of conveyor belt solutions.

MOAT

Specific information on proprietary competitive advantages (moats) for Somi Conveyor Beltings Ltd. is not provided. In the conveyor belting industry, potential moats could include strong product quality and durability, a robust distribution and service network, long-standing customer relationships, cost leadership due to economies of scale, or specialized R&D capabilities for niche applications. However, without further data, it cannot be confirmed if the company possesses any of these durable advantages.

Growth Drivers

Key factors that could drive growth for Somi Conveyor Beltings Ltd. over the next 3-5 years include:

Infrastructure Development: Continued government spending and private investment in infrastructure projects (roads, ports, power plants) in India.

Industrial Growth: Expansion and modernization of manufacturing, mining, cement, and other core industrial sectors that rely heavily on material handling systems.

Replacement Demand: The wear-and-tear nature of conveyor belts ensures a consistent demand for replacements and maintenance in existing industrial setups.

Technological Advancements: Potential for growth through developing specialized belts for emerging industrial needs or improving product performance and efficiency.

Risks

Economic Downturns: Demand for industrial products like conveyor belts is cyclical and highly dependent on the overall health and investment cycles of core industries (mining, manufacturing, construction).

Raw Material Price Volatility: Fluctuations in the prices of key raw materials like natural rubber, synthetic rubber, chemicals, and fabric can impact production costs and profit margins.

Competition: Intense competition from domestic and international players can lead to pricing pressures and affect market share.

Technological Obsolescence: While less common in this sector, significant technological advancements or new material developments could disrupt existing product lines.

Regulatory Changes: Environmental regulations or industrial safety standards could necessitate changes in manufacturing processes or product specifications.

Management & Ownership

Somi Conveyor Beltings Ltd. is a publicly listed company in India. In many Indian companies, promoters (founding families or individuals) typically hold significant stakes and are actively involved in management. The company's ownership structure would consist of these promoters, institutional investors, and public shareholders. Specific details about the current management team's quality or the precise ownership breakdown are not available from the given information.

Outlook

Somi Conveyor Beltings operates in a fundamental industrial support sector in India, suggesting a long-term demand base fueled by the nation's ongoing industrialization and infrastructure growth.

Bull Case: A strong rebound in industrial capital expenditure, sustained growth in mining and construction, and effective management of raw material costs could position the company for steady demand and profitability. A focus on product quality, customization, or expanding its service network could provide an edge.

Bear Case: The company remains vulnerable to cyclical downturns in its client industries, significant increases in raw material prices, and intense competition which could suppress margins. The absence of clearly articulated competitive advantages could limit its ability to outperform peers or withstand adverse market conditions.

Overall, the company's performance will largely depend on its operational efficiency, market penetration strategies, and ability to navigate the inherent cyclicality and input cost volatility of the industrial rubber products sector.

Somi Conveyor Beltg Share Price

Live · BSE / NSE · Inception: 2000
| |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Somi Conveyor Beltg Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 19 38 15 34 28 24 26 20 37 17
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 19 38 15 34 28 24 27 20 38 17
Total Expenditure 17 35 14 30 25 22 24 18 34 15
Operating Profit 2 3 2 4 3 2 2 2 4 2
Interest 0 0 0 0 1 1 1 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 3 1 3 2 1 2 1 3 1
Provision for Tax 0 1 0 1 1 1 0 0 1 1
Profit After Tax 1 2 1 2 1 1 1 1 2 1
Adjustments -0 -0 -0 0 0 0 0 0 0 -0
Profit After Adjustments 1 2 1 2 1 1 1 1 2 1
Adjusted Earnings Per Share 0.6 1.6 0.6 2 1.3 0.8 1 0.7 2 0.5

Somi Conveyor Beltg Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 75 58 62 64 61 46 47 57 94 102 101 100
Other Income 1 1 1 1 0 1 0 0 0 0 0 0
Total Income 76 60 62 65 61 47 47 58 94 102 102 102
Total Expenditure 63 45 53 55 52 39 40 51 86 93 91 91
Operating Profit 14 14 10 10 9 8 7 7 8 9 11 10
Interest 3 4 3 4 4 3 4 3 3 2 2 1
Depreciation 5 7 6 5 3 1 1 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 4 1 1 2 3 2 3 4 6 8 7
Provision for Tax 2 1 0 0 1 1 1 1 1 2 2 2
Profit After Tax 4 2 0 1 2 2 2 2 3 5 5 5
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 4 2 0 1 2 2 2 2 3 5 5 5
Adjusted Earnings Per Share 3.6 1.9 0.3 0.9 1.3 2.1 1.5 1.5 2.9 3.9 4.7 4.2

Somi Conveyor Beltg Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 56 57 56 57 58 61 63 64 66 71 77
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 12 7 0 1 6 3 6 5 3 1 1
Other Non-Current Liabilities 1 1 -0 -1 -1 -1 -0 -0 0 0 0
Total Current Liabilities 34 41 43 44 37 29 32 38 33 38 44
Total Liabilities 102 106 99 102 99 92 100 107 103 110 122
Fixed Assets 45 39 34 31 27 27 27 26 26 26 26
Other Non-Current Assets 2 5 4 2 3 3 2 6 5 4 7
Total Current Assets 55 62 61 69 70 62 72 75 71 80 89
Total Assets 102 106 99 102 99 92 100 107 103 110 122

Somi Conveyor Beltg Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 6 1 1 0 0 0 1 1 0 2 4
Cash Flow from Operating Activities 5 4 6 3 4 5 4 -2 16 6 -8
Cash Flow from Investing Activities -12 2 -0 -1 0 -0 -0 -2 -1 -1 -1
Cash Flow from Financing Activities 14 -5 -6 -3 -4 -4 -4 4 -13 -4 5
Net Cash Inflow / Outflow 7 -0 -0 0 0 0 -0 -0 2 1 -4
Closing Cash & Cash Equivalent 13 1 0 0 0 1 1 0 2 4 0

Somi Conveyor Beltg Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.63 1.94 0.34 0.86 1.31 2.06 1.5 1.46 2.94 3.86 4.66
CEPS(Rs) 7.99 7.71 5.16 4.98 4.24 3.01 2.36 2.29 3.8 4.86 5.78
DPS(Rs) 0 1 0 0.5 0 0 0 0 0 0 0
Book NAV/Share(Rs) 42.92 43.65 47.18 48.08 48.83 51.63 53.06 54.52 56.45 60.32 64.97
Core EBITDA Margin(%) 14.75 19.96 13.3 14.45 14.5 15.17 14.43 11.14 8.34 8.57 10.28
EBIT Margin(%) 10.16 11.56 5.77 7.84 9.4 14.21 12.57 10.01 7.47 7.73 9.41
Pre Tax Margin(%) 7.07 5.79 0.99 2.18 3.59 7.04 5.02 4.49 4.56 5.97 7.54
PAT Margin (%) 5.15 3.59 0.59 1.55 2.55 5.24 3.76 3 3.7 4.46 5.42
Cash Profit Margin (%) 11.33 14.26 9.04 9 8.23 7.65 5.94 4.71 4.78 5.6 6.73
ROA(%) 4.63 2.19 0.39 1.01 1.54 2.54 1.84 1.66 3.31 4.28 4.73
ROE(%) 8.83 4.49 0.74 1.8 2.71 4.1 2.86 2.71 5.31 6.62 7.43
ROCE(%) 11.8 8.92 4.73 6.19 6.88 7.88 6.97 6.46 7.92 9.27 10.35
Receivable days 84.18 137.8 114.69 104.41 120.83 141.59 173.49 166.77 101.48 125.39 142.23
Inventory Days 62.76 111.18 165.93 218.51 242.09 310.42 291.58 253.41 147.44 103.51 116.25
Payable days 40.69 81.18 75.23 86.37 99.45 106.05 95.63 94.51 56.95 65.9 85.35
PER(x) 13.5 21.62 167.41 55.57 18.74 5.1 21 22.76 12.26 34.35 38.31
Price/Book(x) 1.14 0.96 1.19 0.99 0.5 0.2 0.59 0.61 0.64 2.2 2.75
Dividend Yield(%) 0 2.38 0 1.05 0 0 0 0 0 0 0
EV/Net Sales(x) 1.04 1.21 1.46 1.24 0.84 0.71 1.2 1.12 0.58 1.6 2.23
EV/Core EBITDA(x) 5.74 4.98 9.42 7.99 5.58 4.29 8.14 9.51 6.79 18 20.77
Net Sales Growth(%) 14.11 -22.33 6.32 3.72 -5.26 -23.71 1.28 22.1 63.77 8.94 -0.85
EBIT Growth(%) 14.26 -12.77 -47.34 31.82 11.56 15.39 -10.41 -2.82 22.17 12.83 20.71
PAT Growth(%) 18.69 -46.5 -82.67 155.01 52.92 56.99 -27.45 -2.58 102.13 31.27 20.51
EPS Growth(%) 18.69 -46.5 -82.67 154.99 52.93 56.99 -27.45 -2.58 102.12 31.27 20.51
Debt/Equity(x) 0.65 0.59 0.48 0.47 0.43 0.39 0.36 0.44 0.26 0.21 0.28
Current Ratio(x) 1.62 1.51 1.42 1.57 1.87 2.13 2.27 1.99 2.19 2.12 2.04
Quick Ratio(x) 1.19 0.92 0.56 0.64 0.82 0.78 1.14 0.82 1.22 1.43 1.16
Interest Cover(x) 3.28 2 1.21 1.38 1.62 1.98 1.67 1.82 2.57 4.4 5.02
Total Debt/Mcap(x) 0.57 0.61 0.4 0.47 0.86 1.91 0.6 0.73 0.41 0.1 0.1

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% +21% +17% +3%
Operating Profit CAGR +22% +16% +7% -2%
PAT CAGR 0% +36% +20% +2%
Share Price CAGR -46% +29% +16% +9%
ROE Average +7% +6% +5% +4%
ROCE Average +10% +9% +8% +8%

Somi Conveyor Beltg Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 59.09 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 40.91 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 59.0959.0959.0959.0959.0959.0959.0959.0959.0959.09
FII 000000.0100.0900
DII 0000000000
Public 40.9140.9140.9140.9140.9140.9140.9140.9140.9140.91
Others 0000000000
Total 100100100100100100100100100100

Somi Conveyor Beltg Peer Comparison

Rubber Products Edit Columns

Somi Conveyor Beltg Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Somi Conveyor Beltg Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 6% over the last 3 years.
  • Debtor days have increased from 65.9 to 85.35days.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp