Somi Conveyor Beltings Ltd

Somi Conveyor Beltings Ltd

₹ 156 2.73%
09 Jun 10:50 a.m.
About

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

Key Points

Product Profile:[1][2]
a) General Purpose Conveyor Belt
b) Heat Resistant Conveyor Belt
c) Fire Resistant Conveyor Belt
d) Oil Resistant Conveyor Belt
e) Special Purpose Conveyor Belt
f) Rubber Sheets & Mattings Conveyor Belt
g) Maintenances Conveyor Belt
h) Steel Cord
Conveyor belts are further categorized as:
M-24, Tiger M-27, HR Grade, SHR Grade, SHR T2 Upto 150 Deg Conveyor Belts, UHR Grade, UHR T3180 Deg Conveyor Belts, SEHR-36 (Crackless upto 250 Degree), SEHR-72 (Crackless upto 350 Degree), Fire Resistant SEFR-81, Oil Resistant, SAR-36 Fusion Belt(Combination of Fabric Belt and Steel Wires), STA(Bullet Proof Aramid Fabric), Chevron, Rough Top, Rubber Sheets and Mattings, etc.

  • Market Cap 184 Cr.
  • Current Price 156
  • High / Low 236 / 122
  • Stock P/E 33.6
  • Book Value 65.0
  • Dividend Yield 0.00 %
  • ROCE 10.4 %
  • ROE 7.44 %
  • Face Value 10.0

Pros

Cons

  • 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.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
17.41 13.39 19.63 21.92 38.79 16.76 28.15 18.76 38.44 15.23 34.09 27.63 24.29
15.38 12.08 17.81 20.39 35.65 15.32 25.79 17.11 35.12 13.66 30.26 24.84 22.07
Operating Profit 2.03 1.31 1.82 1.53 3.14 1.44 2.36 1.65 3.32 1.57 3.83 2.79 2.22
OPM % 11.66% 9.78% 9.27% 6.98% 8.09% 8.59% 8.38% 8.80% 8.64% 10.31% 11.23% 10.10% 9.14%
0.04 0.07 0.04 0.04 0.05 0.06 0.14 0.08 0.02 0.10 0.11 0.12 0.12
Interest 0.73 0.65 0.74 0.71 0.62 0.42 0.47 0.42 0.49 0.39 0.41 0.55 0.54
Depreciation 0.25 0.24 0.24 0.25 0.28 0.27 0.28 0.29 0.33 0.28 0.28 0.37 0.40
Profit before tax 1.09 0.49 0.88 0.61 2.29 0.81 1.75 1.02 2.52 1.00 3.25 1.99 1.40
Tax % 44.04% 24.49% 25.00% 24.59% 13.10% 24.69% 25.71% 24.51% 25.40% 25.00% 27.08% 25.63% 35.71%
0.60 0.37 0.66 0.46 1.98 0.61 1.29 0.76 1.88 0.74 2.36 1.48 0.90
EPS in Rs 0.51 0.31 0.56 0.39 1.68 0.52 1.10 0.65 1.60 0.63 2.00 1.26 0.76
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
66 75 58 62 64 61 46 47 57 94 102 101
54 63 45 53 55 52 39 40 51 86 93 91
Operating Profit 11 12 13 9 9 9 7 7 6 8 9 10
OPM % 17% 16% 22% 14% 15% 14% 16% 14% 11% 8% 9% 10%
0 1 1 1 1 0 0 0 0 0 0 0
Interest 2 3 4 3 4 4 3 4 3 3 2 2
Depreciation 4 5 7 6 5 3 1 1 1 1 1 1
Profit before tax 5 6 4 1 1 2 3 2 3 4 6 8
Tax % 33% 27% 38% 40% 29% 29% 25% 25% 33% 19% 25% 28%
4 4 2 0 1 2 2 2 2 3 5 5
EPS in Rs 3.06 3.63 1.94 0.34 0.86 1.32 2.06 1.49 1.46 2.95 3.86 4.66
Dividend Payout % 0% 0% 51% 0% 58% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 17%
3 Years: 21%
TTM: -1%
Compounded Profit Growth
10 Years: 3%
5 Years: 18%
3 Years: 47%
TTM: 21%
Stock Price CAGR
10 Years: 10%
5 Years: 60%
3 Years: 64%
1 Year: 14%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 7%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 12 12 12 12 12 12 12 12 12 12 12 12
Reserves 40 44 45 44 45 46 49 51 52 55 59 65
17 33 30 27 26 25 24 22 28 18 15 21
13 14 19 18 20 18 9 16 14 19 24 24
Total Liabilities 82 102 106 100 103 101 93 100 107 103 110 122
37 45 39 34 31 27 27 27 26 26 26 26
CWIP 2 0 1 1 0 1 0 0 2 2 2 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0
43 57 66 65 72 74 66 74 79 75 83 95
Total Assets 82 102 106 100 103 101 93 100 107 103 110 122

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
7 5 4 6 3 4 5 4 -2 16 6 -8
-6 -12 2 -0 -1 0 -0 -0 -2 -1 -1 -1
0 14 -5 -6 -3 -4 -4 -4 4 -13 -4 5
Net Cash Flow 2 7 -0 -0 0 0 0 -0 -0 2 1 -4

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 81 116 153 106 110 125 119 229 146 114 146 137
Inventory Days 114 103 257 331 367 357 489 423 387 161 123 191
Days Payable 29 56 78 84 89 108 64 130 93 60 76 90
Cash Conversion Cycle 166 162 332 353 388 374 543 523 440 215 193 238
Working Capital Days 117 145 219 244 268 292 402 414 364 185 172 214
ROCE % 11% 11% 8% 5% 6% 7% 8% 7% 6% 8% 9% 10%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
59.09% 59.09% 59.09% 59.09% 59.09% 59.09% 59.09% 59.09% 59.09% 59.09% 59.09% 59.09%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
40.91% 40.91% 40.91% 40.90% 40.92% 40.91% 40.91% 40.91% 40.91% 40.90% 40.92% 40.90%
No. of Shareholders 6,8117,1396,8726,7347,0976,0676,4296,0286,5716,4056,6537,323

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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