Somi Conveyor Beltings Limited (SOMICONVEY) AI Stock Analysis

• Market Cap: ₹1.70B
• Dividend Yield: N/A
• Average Volume (3M): 1.86K
• Price to Earnings (P/E): 28.8
• Beta (1Y): 0.26
• Revenue Growth: 11.62%
• EPS Growth: 26.84%
• Country: IN
• Employees: 102
• Sector: Industrials
• Sector Strength: 75
• Industry: Industrial - Machinery
• EPS (TTM): 1.02
• Shares Outstanding: 11,779,656
• 10 Day Avg. Volume: 2,121
• 30 Day Avg. Volume: 1,864
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹160.00
• Price Target Upside: 10.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 62 Neutral
• Price Target: ₹160.00 ▲(10.00% Upside)

The overall stock score of 62 reflects strong financial performance with robust revenue growth and profitability. However, technical indicators suggest a bearish trend, and the valuation appears stretched with a high P/E ratio and no dividend yield. Addressing cash flow issues and improving market sentiment could enhance the stock's attractiveness.

Somi Conveyor Beltings Limited Business Overview & Revenue Model

Company Description

Somi Conveyor Beltings Limited (SOMICONVEY) is an India-based company specializing in the manufacturing of industrial conveyor belts. The company operates in the material handling sector and offers a wide range of products, including textile reinforced conveyor belts, steel cord conveyor belts, and special purpose belts, catering to industries such as mining, cement, power, steel, and ports.

How the Company Makes Money

Somi Conveyor Beltings Limited generates revenue primarily through the manufacturing and sale of conveyor belt products. The company serves various industries that require reliable material handling solutions. Revenue streams include the sale of standard conveyor belts and customized solutions designed to meet specific client needs. Key factors contributing to earnings include the company's strong market presence in India, its ability to deliver high-quality and durable products, and its focus on innovation and customer service. Additionally, SOMICONVEY benefits from partnerships with distributors and direct sales to end-users in various industrial sectors.

Somi Conveyor Beltings Limited Financial Statement Overview

Summary

Somi Conveyor Beltings Limited demonstrates strong revenue growth and profitability, supported by a stable financial position. While cash flow management poses some concerns with recent negative free cash flow, the company's overall financial health remains robust, suggesting positive future potential if cash flow issues are addressed.

Income Statement

The company has shown strong revenue growth over the years, with a significant increase from 2022 to 2023. Gross profit margin has remained relatively stable, but the net profit margin has improved, indicating better cost management. EBIT and EBITDA margins are healthy, showing good profitability from core operations.

Balance Sheet

The company maintains a reasonable debt-to-equity ratio, suggesting manageable leverage levels. Return on Equity (ROE) has improved, indicating efficient use of shareholders' equity. The equity ratio is solid, showing a stable financial structure with a good proportion of equity in total assets.

Cash Flow

The cash flow statement shows volatility, with fluctuations in operating cash flow. Free cash flow has been negative in recent years, which could be a concern if this trend continues. However, the company has managed investments and financing effectively to support operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.15B	1.01B	1.02B	937.33M	571.30M	467.63M
Gross Profit	273.14M	226.51M	167.40M	216.81M	103.81M	154.59M
EBITDA	118.52M	108.56M	84.86M	80.01M	64.73M	67.81M
Net Income	64.72M	54.86M	45.53M	34.68M	17.16M	17.61M
Balance Sheet
Total Assets	0.00	1.22B	1.10B	1.03B	1.07B	1.00B
Cash, Cash Equivalents and Short-Term Investments	99.51M	60.52M	38.87M	68.59M	1.18M	29.22M
Total Debt	0.00	214.15M	152.04M	176.03M	283.45M	222.09M
Total Liabilities	-741.50M	453.51M	393.92M	362.53M	427.46M	377.91M
Stockholders Equity	741.50M	765.38M	710.50M	665.00M	642.20M	625.05M
Cash Flow
Free Cash Flow	0.00	-99.63M	47.32M	149.08M	-44.33M	34.45M
Operating Cash Flow	0.00	-89.49M	56.16M	155.97M	-18.72M	36.65M
Investing Cash Flow	0.00	-10.14M	-5.90M	-5.11M	-24.02M	-757.00K
Financing Cash Flow	0.00	62.11M	-36.16M	-127.27M	38.43M	-39.19M

Somi Conveyor Beltings Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 145.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SOMICONVEY, the sentiment is Neutral. The current price of 145.45 is below the 20-day moving average (MA) of 147.13, below the 50-day MA of 152.36, and below the 200-day MA of 170.88, indicating a bearish trend. The MACD of -2.54 indicates Positive momentum. The RSI at 45.15 is Neutral, neither overbought nor oversold. The STOCH value of 32.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SOMICONVEY.

Somi Conveyor Beltings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GNA	74 Outperform	₹13.50B	13.19		1.00%	-3.10%	8.21%
STERTOOLS	68 Neutral	₹11.61B	23.67		0.62%	-5.67%	-19.59%
Sector *	64 Neutral	$10.66B	15.60	8.14%	2.00%	2.79%	-14.82%
SOMICONVEY	62 Neutral	₹1.70B	28.83		―	11.62%	26.84%
THEJO	61 Neutral	₹20.53B	41.40		0.26%	0.45%	-6.28%
KALYANIFRG	60 Neutral	₹2.49B	26.35		0.59%	4.21%	142.44%
KECL	50 Neutral	₹7.65B	347.83		―	-5.35%	-84.27%

Somi Conveyor Beltings Limited Corporate Events

Somi Conveyor Beltings Announces Trading Window Closure

Somi Conveyor Beltings Limited has announced the closure of its trading window in compliance with SEBI regulations, effective from July 1, 2025, until 48 hours after the release of its unaudited financial results for the quarter ending June 30, 2025. This move is aimed at preventing insider trading, and it affects directors, officers, designated employees, and their immediate relatives, who are advised not to trade the company’s securities during this period.