Somi Conveyor Beltings

NSE: SOMICONVEYBSE: 533001
Compare with peers
₹ 75.58▼ 1.55 (−2.01%)28 Oct, 03:19 pm IST
Market cap
₹ 86 Cr.
P/E
20.1x
P/B
1.12x
52-week range
71.41 – 162.2
ROE
6%
ROCE
9.5%
Dividend yield
0%
Debt / equity
0.17
Sector
Industrial Manufacturing
Industry
Industrial Products
Listed on
NSE, BSE

About

Somi Conveyor Beltings Ltd. is an India-based conveyor belt manufacturing company. The Company has a range of conveyor belts, including M-24, Tiger M-27(Superior Abrasion Resistance), HR Grade, SHR Grade, SHR T2 upto 150 Deg Conveyor Belts, UHR Grade, UHR T3180 Deg Conveyor Belts, SEHR-36 & 72 (Crack-Resistant upto 350 Degree), Fire-Resistant SEFR-81, Oil Resistant Conveyor Belts, SAR-36 Fusion Belt(Combination of Fabric Belt and Steel Wires), STA(Bullet Proof Aramid Fabric), Pipe Conveyor Belts (Streamlined Material Transportation with Unparalleled Efficiency), and Steel Cord Conveyor Belts. The Company offers its conveyor belts under its brand name, Somiflex. Its plant has an installed capacity of over 9,00,000 meters per annum and offers a range of conveyor belts up to 2000mm in width. The Company has operations across Rajasthan, Maharashtra, Gujarat and Tamil Nadu with manufacturing facilities located at Jodhpur, Rajasthan.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Industrial Products: 186 companies →

Somi Conveyor Beltings against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)20.1 against a typical 29.6: cheaper than most peers (1st = cheapest).61st of 184
  • Sales growth−40.5% against a typical +20.3% from a year earlier.134th of 147
  • Profit growth−50% against a typical +9.4% from a year earlier.97th of 121
  • Share price, 3 months−21.2% against a typical −3.4%.137th of 164
  • Size₹ 86.2 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).125th of 176

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Moderate safety, with caution

Rated BBB- by CRISIL
BBB-
DefaultRiskyModerateSafeVery safe
  • The company stopped sharing information with CARE.
AgencyCurrent ratingOutlookAs of
CARECARE B+ / CARE A4; ISSUER NOT COOPERATING*Stable13 Aug 2026
CRISILCrisil BBB-Stable17 Oct 2025
Credit rating actions
RatingDetails
13 Aug 2026
Reaffirmed
CARE B+ / CARE A4—CARE₹ 46 Cr.
17 Oct 2025
Reaffirmed
Crisil BBB-—CRISIL₹ 88.5 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
3 Sep 2026Other business mattersTo consider other business matters
11 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
20 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters
8 Apr 2026Other business matters1. To approve re-appointment of Shri Santosh Kumar Joshi (DIN: 08950339) as an Independent Director of the Company for a second term of five consecutive years, subject to approval of the Members of the Company by way of Special Resolution proposed to be passed in the Extra-Ordinary General Meeting of the Company.2. To decide day, date, time and place of holding Extra-Ordinary General Meeting of the Company. 3. To approve Notice of Extra-Ordinary General Meeting of the Company. 4. To consider appointment of Scrutinizer for Extra-Ordinary General Meeting of the Company.5. To consider any other matter with the kind permission of the Chair.
7 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025

Share price

1Y change −52.39%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales281938153428242620371716
Expenses261735143025222418341514
Operating Profit223243222422
OPM %8.4%8.8%8.6%10.3%11.2%10.1%9.1%8.5%10%10.2%11.2%9.6%
Other Income000000000000
Interest000001110000
Depreciation000000000000
Profit before tax213132121311
Tax %25.7%24.5%25.4%25%27.1%25.6%35.7%25.8%31.8%24.9%54.7%25%
Net Profit112121111211
EPS in Rs1.10.651.60.6321.260.761.020.732.020.50.51

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
6%
5 Years
17%
3 Years
2%
TTM
−20%
Compounded Profit Growth
10 Years
8%
5 Years
23%
3 Years
13%
TTM
−25%
Stock Price CAGR
10 Years
9%
5 Years
17%
3 Years
23%
TTM
—
Return on Equity
10 Years
4%
5 Years
6%
3 Years
7%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
59.09%
0 pts in a year
FIIs
0%
0 pts in a year
Public
40.91%
+0.01 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 20.1xEPS (12 months) ₹ 3.76Median P/E 26.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Somi Conveyor Beltings₹ 75.58₹ 86 Cr.20.1x1.1x6%—
Supreme Industries₹ 3,450.00₹ 43,824 Cr.45.7x7.1x16.1%8.5%
Astral₹ 1,353.00₹ 36,348 Cr.67.8x9.2x14%8.1%
PG Electroplast₹ 472.00₹ 13,535 Cr.91x5.8x6.7%3.7%
Garware Hi-Tech Films₹ 7,037.90₹ 16,351 Cr.148.6x6.1x13.5%16%
Tega Industries₹ 1,721.60₹ 12,919 Cr.78.9x3.6x5.9%8.4%

Management

Om Prakash Bhansali
Executive Chairman of the Board, Chief Executive Officer, Managing Director
Manish Bohra
Chief Financial Officer
Amit Baxi
Compliance Officer, Company Secretary
Gaurav Bhansali
Whole-Time Director
Vimal Bhansali
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.