Skip to main content
Swing Capital

Somi Conveyor Beltings Ltd

NSE: SOMICONVEY BSE: 533001Metal

Incorporated in 2000, Somi Conveyor Belting Ltd is in the business of manufacturing rubber and steel-based Industrial conveyor belts

₹111
52W: ₹85 — ₹198
PE 24.5 · Book ₹66.7 · +66% vs book
Market Cap₹131 Cr
Stock P/E24.5Price to Earnings
ROCE10.4%Return on Capital
ROE7.44%Return on Equity
Div. Yield0%Face Value ₹10

Weaknesses

  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Company has a low return on equity of 6.50% over last 3 years.

Shareholding Pattern

Promoters59.09%
FIIs0%
DIIs0%
Public40.91%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters59.09%59.09%59.09%59.09%59.09%59.09%59.09%59.09%
FIIs0%0%0%0.01%▲0.00%▼0.00.09%▲0.10%▼0.10%
DIIs0%0%0%0%0%0%0%0%
Public40.91%40.9%▼0.040.92%▲0.040.9%▼0.040.9%40.81%▼0.140.91%▲0.140.91%

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales28.1518.7638.4415.2334.0927.6324.2926.2419.7237.48
Expenses25.7917.1135.1213.6630.2624.8422.0724.0217.7533.67
Operating Profit2.361.653.321.573.832.792.222.221.973.81
OPM %8.38%8.8%8.64%10.31%11.23%10.1%9.14%8.46%9.99%10.17%
Net Profit1.290.761.880.742.361.480.91.20.862.38
EPS ₹1.10.651.60.6321.260.761.020.732.02

AI Insights

Revenue Trend

TTM revenue at ₹108Cr, up 6.9% YoY. OPM at 9%.

Debt Position

Borrowings at ₹15Cr. Debt-to-equity ratio: 0.22x. Healthy balance sheet.

Capex Cycle

CWIP at ₹3Cr (12% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 59.09%.

Margin & Efficiency

ROCE declining from 11% (Mar 2014) to 10% (Mar 2025). Working capital days: 141.

Valuation

PE 24.5x with 10.4% ROCE. Price is 66% above book value of ₹66.7. Dividend yield: 0%.

Recent Announcements