Somi Conveyor Beltings Limited

Manufacturer of industrial rubber conveyor belts for various industries, both domestic and export markets.

2000 | Jodhpur, Rajasthan (India) | Active
Last Updated: November 16, 2024

Somi Conveyor Beltings Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.78 Cr
  • Company Age 24 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 73.05 Cr
  • Satisfied Charges ₹ 76.55 Cr
  • Revenue Growth 63.17%
  • Profit Growth 102.13%
  • Ebitda 23.31%
  • Net Worth 3.55%
  • Total Assets -3.94%

About Somi Conveyor Beltings

Somi Conveyor Beltings Limited (SCBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 June 2000 and has a history of 24 years and seven months. Its registered office is in Jodhpur, Rajasthan, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533001 and on the National Stock Exchange(NSE) under SOMICONVEY.

The Corporate was formerly known as Omi Conveyor Beltings Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 11.78 Cr.

The company currently has active open charges totaling ₹73.05 Cr. The company has closed loans amounting to ₹76.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Somi Conveyor Beltings Limited India are Manish Bohra as CFO and Amit Baxi as Company Secretary. Om Bhansali, Vimal Bhansali, Gaurav Bhansali, and Five other members serve as directors at the Company.

Company Details

  • Location

    Jodhpur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25192RJ2000PLC016480

  • Company No.

    016480

  • Stock Symbol

    BSE : 533001 NSE : SOMICONVEY

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Jaipur

Industry

Machinery and Equipment

What products or services does Somi Conveyor Beltings Limited offer?

Somi Conveyor Beltings Limited offers a wide range of products and services, including Conveyor Systems & Components, Conveyor Belt, Conveyor Components, PVC Conveyor Belts, Rough Top Conveyor Belt, Fire Resistant Conveyor Belts, Rubber Conveyor Belt, Conveyor Belt Joints.

Who are the key members and board of directors at Somi Conveyor Beltings?

Executive Team (3)

Name Designation Appointment Date Status
Manish Bohra Country flag representing In CFO 02-Feb-2015 Current
Om Bhansali Country flag representing In Managing Director 16-Jun-2000 Current
Amit Baxi Country flag representing In Company Secretary 15-Nov-2014 Current

Board Members (7)

Name Designation Appointment Date Status
Yogesh Maheshwari Country flag representing In Director 10-Jan-2007 Current
Mahendra Rakhecha Country flag representing In Director 30-Sep-2006 Current
Gaurav Bhansali Country flag representing In Whole-Time Director 16-Jun-2000 Current
Vimal Bhansali Country flag representing In Whole-Time Director 16-Jun-2000 Current
Payal Daga Country flag representing In Director 30-Sep-2022 Current
Rekha Bhandari Director 11-Oct-2024 Current

Financial Performance of Somi Conveyor Beltings.

Somi Conveyor Beltings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 63.17% increase. The company also saw a substantial improvement in profitability, with a 102.13% increase in profit. The company's net worth moved up by a moderate rise of 3.55%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
63.17%
Revenue from Operations
63.77%
Total Assets
-3.94%
Profit or Loss
102.13%
Net Worth
3.55%
EBITDA
23.31%

What is the Ownership and Shareholding Structure of Somi Conveyor Beltings?

In 2022, Somi Conveyor Beltings had a promoter holding of 59.09% and a public holding of 40.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹73.05 Cr

Satisfied Charges

₹76.55 Cr

Charges Breakdown by Lending Institutions

  • Others : 73.05 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2022 Others ₹2.10 M Open
11 Nov 2021 Others ₹1.84 Cr Open
29 Sep 2006 Others ₹71.00 Cr Open
09 Feb 2022 Others ₹5.00 Cr Satisfied
25 Sep 2020 Others ₹2.00 Cr Satisfied

How Many Employees Work at Somi Conveyor Beltings?

Somi Conveyor Beltings has a workforce of 81 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Somi Conveyor Beltings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Somi Conveyor Beltings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Somi Conveyor Beltings

Recent activity within the organization

  • Director Appointment

    Rekha Bhandari was appointed as a Director was appointed as a Director on 11 Oct 2024 & has been associated with this company since 3 months 24 days .

    11 Oct 2024

  • Annual General Meeting

    Somi Conveyor Beltings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 30 Jun 2014 via Charge ID 10509670 with Punjab National Bank was fully satisfied on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge registered on 12 Jun 2014 via Charge ID 10507487 with Punjab National Bank was fully satisfied on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge registered on 14 Dec 2010 via Charge ID 10264227 with Punjab National Bank was fully satisfied on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge registered on 20 Nov 2014 via Charge ID 10535256 with Punjab National Bank was fully satisfied on 10 Jul 2024.

    10 Jul 2024

Frequently asked questions

  • Somi Conveyor Beltings Limited was incorporated on 16 Jun 2000.

  • The authorized share capital of Somi Conveyor Beltings Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.78 Cr.

  • Currently 10 directors are associated with Somi Conveyor Beltings Limited.

    • Om Prakash Bhansali
    • Vimal Bhansali
    • Gaurav Bhansali
    • Mahendra Rakhecha
    • Yogesh Maheshwari
    • Payal Daga
    • Rekha Bhandari
    • Manish Bohra
    • Amit Baxi
    • Santosh Kumar Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somi Conveyor Beltings Limited is 4F-15 Oliver House, New Power India, Jodhpur, Rajasthan, 342003.

  • The corporate identification number (CIN) of Somi Conveyor Beltings Limited is L25192RJ2000PLC016480 and the company number is 016480 as per Ministry of Corporate Affairs (MCA).

  • Yes, Somi Conveyor Beltings Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SOMICONVEY.

  • The Official website of Somi Conveyor Beltings Limited is https://www.somiconveyor.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Somi Conveyor Beltings Limited has risen by 63.17%.

  • As Per 2023 financial reports, 81 employees are currently employed by Somi Conveyor Beltings Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Somi Conveyor Beltings Limited has experienced an upsurge of 3.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Somi Conveyor Beltings Limited amount to ₹ 73.05 Cr.

  • The most recent Balance Sheet for Somi Conveyor Beltings Limited was filed with the ROC on 31 Mar 2024.

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