Somi Conveyor Beltings Ltd
Incorporated in 2000, Somi Conveyor Belting Ltd is in the business of manufacturing rubber and steel-based Industrial conveyor belts
- Market Cap ₹ 225 Cr.
- Current Price ₹ 191
- High / Low ₹ 236 / 112
- Stock P/E 34.9
- Book Value ₹ 63.0
- Dividend Yield 0.00 %
- ROCE 9.27 %
- ROE 6.62 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 24.0% CAGR over last 5 years
Cons
- Stock is trading at 3.04 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.93% 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.
Peer comparison
Sector: Plantation & Plantation Products Industry: Miscellaneous
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
79 | 66 | 75 | 58 | 62 | 64 | 61 | 46 | 47 | 57 | 94 | 102 | 115 | |
67 | 54 | 63 | 45 | 53 | 55 | 52 | 39 | 40 | 51 | 86 | 93 | 104 | |
Operating Profit | 13 | 11 | 12 | 13 | 9 | 9 | 9 | 7 | 7 | 6 | 8 | 9 | 12 |
OPM % | 16% | 17% | 16% | 22% | 14% | 15% | 14% | 16% | 14% | 11% | 8% | 9% | 10% |
1 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 3 | 2 | 3 | 4 | 3 | 4 | 4 | 3 | 4 | 3 | 3 | 2 | 2 |
Depreciation | 4 | 4 | 5 | 7 | 6 | 5 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 6 | 5 | 6 | 4 | 1 | 1 | 2 | 3 | 2 | 3 | 4 | 6 | 9 |
Tax % | 34% | 33% | 27% | 38% | 40% | 29% | 29% | 25% | 25% | 33% | 19% | 25% | |
4 | 4 | 4 | 2 | 0 | 1 | 2 | 2 | 2 | 2 | 3 | 5 | 6 | |
EPS in Rs | 3.34 | 3.06 | 3.63 | 1.94 | 0.34 | 0.86 | 1.32 | 2.06 | 1.49 | 1.46 | 2.95 | 3.86 | 5.49 |
Dividend Payout % | -0% | -0% | -0% | 51% | -0% | 58% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 11% |
3 Years: | 30% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | 24% |
3 Years: | 37% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | 13% |
5 Years: | 71% |
3 Years: | 70% |
1 Year: | 33% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 5% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 36 | 40 | 44 | 45 | 44 | 45 | 46 | 49 | 51 | 52 | 55 | 59 | 62 |
15 | 17 | 33 | 30 | 27 | 26 | 25 | 24 | 22 | 28 | 18 | 15 | 14 | |
18 | 13 | 14 | 19 | 18 | 20 | 18 | 9 | 16 | 14 | 19 | 24 | 20 | |
Total Liabilities | 82 | 82 | 102 | 106 | 100 | 103 | 101 | 93 | 100 | 107 | 103 | 110 | 108 |
35 | 37 | 45 | 39 | 34 | 31 | 27 | 27 | 27 | 26 | 26 | 26 | 25 | |
CWIP | 3 | 2 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 2 | 2 | 2 | 2 |
Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
44 | 43 | 57 | 66 | 65 | 72 | 74 | 66 | 74 | 79 | 75 | 83 | 81 | |
Total Assets | 82 | 82 | 102 | 106 | 100 | 103 | 101 | 93 | 100 | 107 | 103 | 110 | 108 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 7 | 5 | 4 | 6 | 3 | 4 | 5 | 4 | -2 | 16 | 6 | |
-2 | -6 | -12 | 2 | -0 | -1 | 0 | -0 | -0 | -2 | -1 | -1 | |
-9 | 0 | 14 | -5 | -6 | -3 | -4 | -4 | -4 | 4 | -13 | -4 | |
Net Cash Flow | 0 | 2 | 7 | -0 | -0 | 0 | 0 | 0 | -0 | -0 | 2 | 1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 65 | 81 | 116 | 153 | 106 | 110 | 125 | 119 | 229 | 146 | 114 | 146 |
Inventory Days | 83 | 114 | 103 | 257 | 331 | 367 | 357 | 489 | 423 | 387 | 161 | 123 |
Days Payable | 33 | 29 | 56 | 78 | 84 | 89 | 108 | 64 | 130 | 93 | 60 | 76 |
Cash Conversion Cycle | 115 | 166 | 162 | 332 | 353 | 388 | 374 | 543 | 523 | 440 | 215 | 193 |
Working Capital Days | 101 | 117 | 145 | 219 | 244 | 268 | 292 | 402 | 414 | 364 | 185 | 172 |
ROCE % | 14% | 11% | 11% | 8% | 5% | 6% | 7% | 8% | 7% | 6% | 8% | 9% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2h - Somi Conveyor secured Rs. 4864.54 lakh orders from NLC India and Maharashtra State Power.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Somi Conveyor confirms non-applicability of Large Corporate criteria for FY 2024-25 as per SEBI.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2d - New orders worth Rs. 48.65 Cr secured in March 2025, including Rs. 47.81 Cr from NLC India.
-
Announcement Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 ('Listing Regulations') For Change In Website And Email Id Of Registrar And Share Transfer Agent ('RTA') Of The Company.
2d - Change in RTA's website and email ID to MUFG Intime India Pvt Ltd from April 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations,2018 for the Qtr ended March,2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Aug 2024TranscriptNotesPPT
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.