Synopsis:
On Thursday, Somi Conveyor Beltings Limited announced that its total orders on hand as of 15th September stood thereby convening good revenue potential.
The shares of a micro-cap firm that focus on manufacturing rubber and steel-based Industrial conveyor belts are on the radar after the company declared their order book status.
With the market capitalization of Rs.165.09 crore, the shares of Somi Conveyor Beltings Limited were trading at Rs.140.15, up by 3.43 percent from its previous day’s closing price of Rs.135.50 per equity share.
Order Book
The company has announced that as of September 15, 2025, its total order book stood at Rs. 85.50 crore. It indicates that projects are already secured but not yet executed, showing the company’s current workload and future revenue potential.
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About the company
Somi Conveyor Beltings Limited is a renowned producer of customized conveyor belts that meet different industrial needs. It runs two advanced manufacturing units in Jodhpur, equipped with fully automated and computerized systems, and has an installed capacity to produce up to 9,00,000 meters of conveyor belts each year. The products are trusted by major industries such as sponge iron, power, and mining.
The firm’s revenue from the operation rose from Rs.15.23 crore in Q1FY25 to Rs.26.24 crore in Q1FY26, while net profit increased from Rs.0.74 crore to Rs.1.20 crore. It has reported ROE and ROCE of 7.44 and 10.4 percent, respectively. Followingly, it has a PE ratio of 27.79, which is lower than the industry PE ratio of 37.77, indicating the share is undervalued compared to its peer companies.
Written by Jhanavi Sivakumar
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