Somi Conveyor Beltings Limited

NSE SOMICONVEY.NS

Somi Conveyor Beltings Limited Interest Coverage Ratio for the year ending March 31, 2024: 4.08

Somi Conveyor Beltings Limited Interest Coverage Ratio is 4.08 for the year ending March 31, 2024, a 58.42% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Somi Conveyor Beltings Limited Interest Coverage Ratio for the year ending March 31, 2023 was 2.58, a 9.69% change year over year.
Somi Conveyor Beltings Limited Interest Coverage Ratio for the year ending March 31, 2022 was 2.35, a 13.87% change year over year.
Somi Conveyor Beltings Limited Interest Coverage Ratio for the year ending March 31, 2021 was 2.06, a -4.82% change year over year.
Somi Conveyor Beltings Limited Interest Coverage Ratio for the year ending March 31, 2020 was 2.17, a 41.01% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NSE: SOMICONVEY.NS

Somi Conveyor Beltings Limited

CEO	Mr. Om Prakash Bhansali
IPO Date	July 18, 2016
Location	India
Headquarters	15, Oliver House
Employees	102
Sector	Materials
Industries Steel Cleaning Supplies Coal Composite Materials Machinery Metals Personal Care Petrochemicals

Description

Somi Conveyor Beltings Limited manufactures and sells industrial conveyor belts in India and internationally. It provides general purpose, heat resistant, fire resistant, and oil resistant conveyor belts. The company also offers special purpose conveyor belts, such as bullet proof, fusion, chevron, rough top, and pipe conveyor belts, as well as rubber sheets and mattings, and steel cord beltings. It primarily serves the cement, sponge iron, power, and mining sectors. Somi Conveyor Beltings Limited was incorporated in 2000 and is headquartered in Jodhpur, India.

Key trends

Past 5 years