Somi Conveyor Beltings Ltd

AI

Somi Conveyor Beltings Ltd

₹ 84.2 0.85%
18 Aug 1:05 p.m.
About

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

Key Points

Business Overview:[1][2]
SCBL manufactures all types of fabric, steel, cord, bucket elevator belts, and rubber and steel-based conveyors.

  • Market Cap 99.2 Cr.
  • Current Price 84.2
  • High / Low 169 / 80.5
  • Stock P/E 22.4
  • Book Value 69.2
  • Dividend Yield 0.00 %
  • ROCE 9.46 %
  • ROE 6.36 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 1.18 times its book value
  • Debtor days have improved from 123 to 86.6 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.80% 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

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
16.76 28.15 18.76 38.44 15.23 34.09 27.63 24.29 26.24 19.72 37.48 17.29 15.62
15.32 25.79 17.11 35.12 13.66 30.26 24.84 22.07 24.02 17.75 33.67 15.36 14.12
Operating Profit 1.44 2.36 1.65 3.32 1.57 3.83 2.79 2.22 2.22 1.97 3.81 1.93 1.50
OPM % 8.59% 8.38% 8.80% 8.64% 10.31% 11.23% 10.10% 9.14% 8.46% 9.99% 10.17% 11.16% 9.60%
0.06 0.14 0.08 0.02 0.10 0.11 0.12 0.12 0.27 0.10 0.11 0.20 0.20
Interest 0.42 0.47 0.42 0.49 0.39 0.41 0.55 0.54 0.52 0.46 0.39 0.41 0.44
Depreciation 0.27 0.28 0.29 0.33 0.28 0.28 0.37 0.40 0.34 0.35 0.36 0.44 0.46
Profit before tax 0.81 1.75 1.02 2.52 1.00 3.25 1.99 1.40 1.63 1.26 3.17 1.28 0.80
Tax % 24.69% 25.71% 24.51% 25.40% 25.00% 27.08% 25.63% 35.71% 25.77% 31.75% 24.92% 54.69% 25.00%
0.61 1.29 0.76 1.88 0.74 2.36 1.48 0.90 1.20 0.86 2.38 0.59 0.60
EPS in Rs 0.52 1.10 0.65 1.60 0.63 2.00 1.26 0.76 1.02 0.73 2.02 0.50 0.51
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
74.76 58.07 61.73 64.03 60.66 46.28 46.85 57.18 93.73 102.11 101.24 100.74 90.11
62.51 45.36 52.79 54.62 51.87 39.04 40.08 50.80 85.92 93.35 90.83 90.79 80.90
Operating Profit 12.25 12.71 8.94 9.41 8.79 7.24 6.77 6.38 7.81 8.76 10.41 9.95 9.21
OPM % 16.39% 21.89% 14.48% 14.70% 14.49% 15.64% 14.45% 11.16% 8.33% 8.58% 10.28% 9.88% 10.22%
1.32 1.45 0.62 0.55 0.35 0.45 0.15 0.33 0.20 0.31 0.45 0.67 0.61
Interest 2.57 3.68 3.21 3.69 3.52 3.32 3.54 3.16 2.72 1.80 1.90 1.79 1.70
Depreciation 5.13 6.79 5.68 4.85 3.44 1.11 1.02 0.98 1.01 1.17 1.33 1.49 1.61
Profit before tax 5.87 3.69 0.67 1.42 2.18 3.26 2.36 2.57 4.28 6.10 7.63 7.34 6.51
Tax % 27.09% 37.67% 40.30% 28.87% 29.36% 25.46% 25.00% 33.46% 18.93% 25.41% 28.18% 31.47%
4.28 2.29 0.40 1.01 1.55 2.43 1.76 1.72 3.47 4.55 5.49 5.03 4.43
EPS in Rs 3.63 1.94 0.34 0.86 1.32 2.06 1.49 1.46 2.95 3.86 4.66 4.27 3.76
Dividend Payout % 0.00% 51.44% 0.00% 58.32% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
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: 6%
5 Years: 12%
3 Years: 15%
1 Year: -44%
Return on Equity
10 Years: 4%
5 Years: 6%
3 Years: 7%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 11.78 11.78 11.78 11.78 11.78 11.78 11.78 11.78 11.78 11.78 11.78 11.78
Reserves 44.22 45.09 43.80 44.86 45.74 49.04 50.72 52.44 54.72 59.27 64.76 69.77
32.90 30.45 26.52 26.47 24.99 23.57 22.21 28.35 17.61 15.20 21.42 13.51
13.55 19.17 17.92 20.11 18.29 8.58 15.59 14.40 18.64 24.20 23.92 16.16
Total Liabilities 102.45 106.49 100.02 103.22 100.80 92.97 100.30 106.97 102.75 110.45 121.88 111.22
44.97 38.90 33.95 30.60 26.52 27.01 26.52 26.07 25.99 25.76 26.17 33.63
CWIP 0.50 1.31 1.06 0.43 0.76 0.41 0.10 2.12 1.89 1.83 1.11 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
56.98 66.28 65.01 72.19 73.52 65.55 73.68 78.78 74.87 82.86 94.60 77.59
Total Assets 102.45 106.49 100.02 103.22 100.80 92.97 100.30 106.97 102.75 110.45 121.88 111.22

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
5.20 3.68 5.94 3.36 3.83 4.84 3.66 -1.87 15.60 5.62 -8.25 18.00
-12.04 1.61 -0.14 -0.70 0.49 -0.22 -0.08 -2.40 -0.51 -0.59 -0.60 -7.28
13.67 -5.30 -6.14 -2.63 -4.23 -4.17 -3.92 3.84 -12.73 -3.62 5.11 -8.97
Net Cash Flow 6.83 -0.01 -0.35 0.03 0.10 0.45 -0.33 -0.43 2.36 1.41 -3.74 1.75
Free Cash Flow -6.49 2.15 5.45 2.50 4.13 4.46 3.44 -4.43 14.91 4.74 -9.26 10.16
CFO/OP 46% 43% 73% 33% 44% 70% 54% -31% 198% 63% -84% 178%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 115.91 152.99 105.90 110.42 125.16 119.17 229.44 145.86 113.98 146.16 137.04 86.63
Inventory Days 102.53 257.00 331.15 366.96 357.37 488.57 423.43 387.38 160.89 122.98 191.10 196.49
Days Payable 55.99 78.11 84.31 88.95 108.28 64.27 129.50 93.30 60.23 75.86 90.29 62.33
Cash Conversion Cycle 162.45 331.89 352.73 388.43 374.24 543.47 523.37 439.94 214.64 193.29 237.85 220.79
Working Capital Days 40.82 73.67 89.17 126.04 177.63 237.23 288.34 214.80 128.94 121.46 141.15 144.31
ROCE % 10.70% 8.36% 4.58% 6.19% 6.88% 7.88% 6.98% 6.46% 7.92% 9.27% 10.35% 9.46%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Electricity Consumption (Purchased)
KWH

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Foreign Exchange Earnings (Exports)
Rs Lakhs
Installed Capacity
meters per annum
Permanent Employees on Rolls
count
Order Book
Rs Crore

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

6 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
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% 0.01% 0.00% 0.09% 0.00% 0.00% 0.00%
40.91% 40.91% 40.91% 40.91% 40.90% 40.92% 40.90% 40.90% 40.81% 40.91% 40.91% 40.91%
No. of Shareholders 6,0676,4296,0286,5716,4056,6537,3237,5947,7177,7257,8018,250

* 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.

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