Somi Conveyor Beltings Approves FY26 Results, Appoints Internal and Cost Auditors
Somi Conveyor Beltings Limited announced that its Board of Directors held its 3rd meeting of 2026 on May 20, 2026. During the meeting, the company considered and approved the Audited Financial Results for the Fourth Quarter (Q4) and the year ended March 31, 2026.The board also undertook key appointments for the financial year 2026-27. M/s. B. P. Bang & Company was appointed as the Internal Auditor, while M/s Anchal Jain & Co. was appointed as the Cost Auditor for the financial year 2026-27.
Financial Performance Summary (Rs. In Lakhs)
The standalone audited financial results show the company's performance and financial position for the year ended March 31, 2026, alongside comparative figures for the year ended March 31, 2025.The company's Profit/(Loss) for the period from Continuing Operations (After Tax) stood at 503.06 for the year ended March 31, 2026, compared to 548.62 in the previous year.
The company's total assets reached 11,122.26 (Rs. In Lakhs) at March 31, 2026, up from 12,188.88 (Rs. In Lakhs) at March 31, 2025.
A comprehensive view of the standalone assets and liabilities is provided below:
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Total Assets | 11,122.26 | 12,188.88 |
| Total Equity | 8,154.73 | 7,653.81 |
| Total Non-Current Liabilities | 290.25 | 169.40 |
| Total Current Liabilities | 2,677.28 | 4,535.07 |
Key Financial Ratios (Standalone, Rs. In Lakhs)
The company's financial health metrics showed the following comparison:| Ratio | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Current Ratio | 2.85 | 2.04 |
| Debt-Equity Ratio | 0.17 | 0.28 |
| Return on Equity Ratio (%) | 6.36% | 7.43% |
| Net Profit Ratio (%) | 4.99% | 5.42% |
| Return on Capital Employed (%) | 10.46% | 10.63% |
Audit and Advisory Appointments
The company formalized its audit structure for the upcoming financial year:- Internal Auditor: M/s. B. P. Bang & Company, Chartered Accountants, was appointed. The firm has 36 years of experience.
- Cost Auditor: M/s Anchal Jain & Co., Cost Accountants, was appointed. The firm has experience in maintaining cost records for various major industry players and PSU Banks.
The company, which is engaged in the manufacturing and sale of Industrial Conveyor Belts, maintained a total paid-up equity share capital of 1,177.97 (Rs. In Lakhs) at the end of the financial year.
The firm's assets include Property, Plant and Equipment, which stood at 3,347.66 (Rs. In Lakhs) as of March 31, 2026, compared to 2,614.92 (Rs. In Lakhs) the previous year. Cash and cash equivalents at the end of the year were 189.59 (Rs. In Lakhs).
SOMICONVEY Stock Price Movement
Today, Somi Conveyor Beltings Limited shares edged higher, gaining 1.61% to close at ₹112.80. The equity saw significant participation, trading on a volume of 33,307 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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