On 6 Nov 2026, Somi Conveyor Beltings was priced at ₹77.00, or 20.5× trailing earnings, against an industry P/E of 33.8×, and the shares are 51% below their 52-week high. It earns ROCE of 10.0% and ROE of 6.4%, and sales and net profit grew 2.4% and 13% a year over 3 years. Debt is 0.17× equity. It is a small-cap company with a market cap of ₹94 Cr, ranked 112th of 138 Specialty Industrial Machinery companies by market cap; the shares fell 51% over the past year.
- ₹77.50
- ₹77.50
- ₹75.21
- ₹77.04
- 1.3K
Health check
- ReturnsBehind
−51.3% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 20.5 vs industry 33.8.
- GrowthSlow
Sales +2.4%, profit +13.2% a year over 3 years.
- ProfitabilityWeak
ROCE 10.0% vs peer median 24.8%.
- Balance sheetSolid
Debt 0.17× equity, interest covered 7.8×.
- Red flags4 to check
Return on equity is low at 6.4%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹94 Cr
- Small cap
- P/E
- 20.5
- Industry 33.8
- Price to book
- 1.11
- Peers 9.16
- Dividend yield
- 0.00%
- ROE
- 6.4%
- Peers 19.1%
- ROCE
- 10.0%
- Peers 24.8%
- Debt to equity
- 0.17
- Debt ₹14 Cr
- EPS (TTM)
- ₹3.76
- Face value ₹10
- OPM (TTM)
- 10.2%
- Net margin 4.9%
- Sales growth
- −40.5%
- Latest quarter vs a year ago
- Profit growth
- −50.5%
- Latest quarter vs a year ago
- Price to sales
- 1.04
- EV/EBITDA 10.3
Strengths and risks
Strengths
- P/E of 20.5 against an industry P/E of 33.8.
Risks to check
- Return on equity is low at 6.4%.
- Quarterly profit down 50.5% on a year ago.
- Quarterly sales down 40.5% on a year ago.
- 51% below its 52-week high.
About Somi Conveyor Beltings
Somi Conveyor Beltings Limited manufactures and sells industrial conveyor belts in India. It offers general purpose, heat resistance, fire resistance, oil resistance, and steel cord conveyor belts; pipe conveyor belts; and combination of fabric belt and steel wires belt for cut resistance. It serves mining, cement, steel, power generation, and other heavy industries. The company was incorporated in 2000 and is based in Jodhpur, India.
- Headquarters
- Jodhpur
- Employees
- 121
- Sector
- Industrials
- ISIN
- INE323J01019
- Website
- somiconveyor.com
Price range
- Avg volume (3M)
- 29.2K
- 1-year return
- minus 51.3%
- From 52-week high
- minus 51.1%
Peers · Specialty Industrial Machinery
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHELBharat Heavy Electricals | 418.80 | plus 0.17% | 1,45,829 | 50.6 | 74.6 | 6.6% | 10.1% | 0.22 | 13.5% | plus 56.4% |
| ABBABB India | 6,774.00 | plus 2.20% | 1,43,547 | 92.3 | 68.2 | 28.5% | 13.8% | 0.02 | 15.4% | plus 26.4% |
| SIEMENSSiemens | 3,560.00 | plus 3.73% | 1,26,779 | 87.3 | 59.3 | 16.5% | 10.4% | 0.02 | 3.0% | plus 10.0% |
| CUMMINSINDCummins India | 4,048.80 | minus 0.25% | 1,12,233 | 49.8 | 41.7 | 35.0% | 20.6% | 0.00 | 16.1% | minus 6.0% |
| GVT&DGE Vernova T&D India | 4,018.00 | minus 3.06% | 1,02,879 | 71.3 | 56.6 | 58.5% | 26.5% | 0.01 | 31.1% | plus 31.7% |
| SUZLONSuzlon Energy | 38.80 | plus 0.54% | 53,337 | 23.7 | 17.3 | 24.8% | 16.7% | 0.07 | 41.4% | minus 35.7% |
| AIAENGAIA Engineering | 3,113.60 | minus 2.77% | 29,056 | 23.5 | 19.6 | 19.9% | 27.4% | 0.00 | −3.4% | minus 3.9% |
| SOMICONVEYSomi Conveyor Beltings | 77.00 | minus 0.05% | 94 | 20.5 | 8.1 | – | 10.2% | 0.17 | 2.4% | minus 51.3% |
| Median of 7 peers | – | 0.17% | 1,12,233 | 50.6 | 56.6 | 24.8% | 16.7% | 0.02 | 15.4% | 10.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 26.2 | 19.7 | 37.5 | 17.3 | 15.6 | |
| 24 | 17.8 | 33.7 | 15.4 | 14.1 | |
| 2.2 | 2 | 3.8 | 1.9 | 1.5 | |
| 8.4% | 10.0% | 10.2% | 11.2% | 9.6% | |
| 0.3 | 0.1 | 0.1 | 0.2 | 0.2 | |
| 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | |
| 0.3 | 0.4 | 0.4 | 0.4 | 0.5 | |
| 1.6 | 1.3 | 3.2 | 1.3 | 0.8 | |
| 26.1% | 31.6% | 24.9% | 54.1% | 25.2% | |
| 1.2 | 0.9 | 2.4 | 0.6 | 0.6 | |
| 1.02 | 0.73 | 2.02 | 0.50 | 0.51 |
Profit & loss
- Sales CAGR 3Y
- +2.4%
- Profit CAGR 3Y
- +13.2%
- EPS CAGR 3Y
- +13.2%
- ROE
- 6.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 93.7 | 102 | 101 | 101 | |
| – | +9.0% | minus 0.8% | minus 0.6% | |
| 86.4 | 92.6 | 90.8 | 89 | |
| 7.3 | 9.4 | 10.4 | 11.6 | |
| 7.8% | 9.2% | 10.3% | 11.5% | |
| 1 | −0.3 | −0.4 | −0 | |
| 2 | 1.2 | 1.1 | 1.1 | |
| 1 | 1.2 | 1.3 | 1.5 | |
| −1 | −0.7 | −0 | −1.7 | |
| 4.3 | 6.1 | 7.6 | 7.3 | |
| 18.9% | 25.4% | 28.1% | 31.4% | |
| 3.5 | 4.6 | 5.5 | 5 | |
| – | +31.3% | +20.5% | minus 8.3% | |
| 2.94 | 3.86 | 4.66 | 4.27 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.8 | 11.8 | 11.8 | 11.8 | |
| 54.7 | 59.3 | 64.8 | 69.8 | |
| 17.6 | 15.2 | 21.4 | 13.5 | |
| 18.6 | 24.2 | 23.9 | 16.2 | |
| 103 | 110 | 122 | 111 | |
| 26.2 | 26.2 | 29.8 | 33.5 | |
| 0.2 | 0.4 | 3.7 | – | |
| 0 | 0 | 0 | 0.1 | |
| 2.5 | 3.9 | 0.1 | 1.9 | |
| 73.8 | 79.9 | 88.3 | 75.7 | |
| 103 | 110 | 122 | 111 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 15.6 | 5.6 | −8.3 | 18 | |
| −0.5 | −0.6 | −0.6 | −7.3 | |
| −12.7 | −3.6 | 5.1 | −9 | |
| 2.4 | 1.4 | −3.7 | 1.7 | |
| −0.7 | −0.9 | −1 | −7.8 | |
| 14.9 | 4.7 | −9.3 | 10.2 |
Shareholding pattern
- Promoters59.09%
- Public40.91%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 59.09% | 40.91% | 0.00 | |
| 30 Jun 2026 | 59.09% | 40.91% | 0.00 | |
| 31 Mar 2026 | 59.09% | 40.91% | 0.00 | |
| 31 Dec 2025 | 59.09% | 40.91% | 0.00 | |
| 30 Sep 2025 | 59.09% | 40.91% | – |
Major shareholders
Filings & events
News
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