Somi Conveyor Beltings Limited disclosed its standalone unaudited financial results for the quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

Revenue from Operations: ₹30.75 crore for Q1 FY26, compared to ₹37.01 crore in Q1 FY25 and ₹37.53 crore in Q4 FY26 (previous quarter).

Total Expenses: ₹30.25 crore for Q1 FY26, consisting of:

  • Changes in inventories: (₹3.28 crore)
  • Employee benefit expense: ₹11.70 crore
  • Finance costs: ₹4.42 crore
  • Depreciation and amortization: ₹4.59 crore
  • Other expenses: ₹27.25 crore

Profit Before Tax: ₹7.97 crore for Q1 FY26, compared to ₹12.83 crore in Q1 FY25 and ₹16.28 crore in Q4 FY26.

Tax Expense: ₹2.01 crore for Q1 FY26, comprising:

  • Current tax: ₹1.56 crore
  • Deferred tax: ₹0.46 crore

Net Profit: ₹5.96 crore for Q1 FY26, compared to ₹5.88 crore in Q1 FY25 and ₹12.04 crore in Q4 FY26.

Earnings Per Share:

  • Basic EPS: ₹0.51 for Q1 FY26 (₹0.50 in Q1 FY25, ₹1.02 in Q4 FY26)
  • Diluted EPS: ₹0.51 for Q1 FY26 (₹0.50 in Q1 FY25, ₹1.02 in Q4 FY26)

Capital Structure

Paid-up Equity Share Capital: ₹11.78 crore (face value ₹10 per share)

Additional Regulatory Disclosures (Regulation 52(4))

Reserves: ₹64.92 crore (excluding revaluation reserves) as of June 30, 2026, compared to ₹60.52 crore in Q1 FY25 and ₹64.32 crore as of March 31, 2026.

Outstanding Debt: ₹15.28 crore as of June 30, 2026, reduced from ₹20.63 crore in Q1 FY25 and ₹13.51 crore as of March 31, 2026.

Securities Premium: ₹18.18 crore (unchanged from previous periods)

Net Worth: ₹82.14 crore as of June 30, 2026, compared to ₹77.74 crore in Q1 FY25 and ₹81.55 crore as of March 31, 2026.

Key Ratios:

  • Debt-Equity Ratio: 0.19 times (0.27 times in Q1 FY25, 0.17 times as of March 31, 2026)
  • Debt Service Coverage Ratio: 2.68 times (2.99 times in Q1 FY25, 3.44 times as of March 31, 2026)
  • Interest Service Coverage Ratio: 3.40 times (6.06 times in Q1 FY25, 5.56 times as of March 31, 2026)
  • Return on Equity: 2.91% (6.24% in Q1 FY25, 6.36% as of March 31, 2026)
  • Inventory Turnover Ratio: 1.36 times (2.33 times in Q1 FY25, 2.06 times as of March 31, 2026)
  • Net Profit Ratio: 3.82% (4.59% in Q1 FY25, 4.99% as of March 31, 2026)
  • Return on Capital Employed: 6.14% (9.02% in Q1 FY25, 10.46% as of March 31, 2026)

Corporate Governance and Approval

Board Meeting: Held on August 11, 2026, from 2:30 p.m. to 4:00 p.m., where the financial results were taken on record.

Audit Review: The financial results were reviewed by the audit committee and subject to limited review by statutory auditors Singhvi & Mehta (FRN 002464W), represented by partner Garima Tater (M. No. 407752).

Auditor's Opinion: Based on their limited review, nothing came to their attention that causes them to believe the financial results contain any material misstatement.

Business Operations: The company is exclusively engaged in manufacturing and sale of Industrial Conveyor Belts and does not have any subsidiary company.

Availability: The results are available on the company's website at www.somiinvestor.com.