Somi Conveyor Beltings Limited (SOMICONVEY.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+0.3%

₹75.72

vs ₹75.48 price

Levered DCF

₹389.60

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	20.79×	38.6×	35.17×	12.24×	22.74×	20.5×	4.76×	19.43×
P/B	1.28×	2.77×	2.25×	0.64×	0.61×	0.58×	0.19×	0.52×
P/S	1.04×	2.09×	1.57×	0.45×	0.68×	0.77×	0.25×	0.5×
EV / EBITDA	10.95×	21.48×	20.18×	7.19×	10.11×	8.67×	4.76×	6.5×
Gross margin	25.7%	22.4%	16.4%	23.1%	18.2%	33.1%	30.6%	28.2%
Operating margin	8.4%	9.0%	19.0%	7.5%	9.4%	11.6%	12.9%	9.3%
Net margin	5.0%	5.4%	4.5%	3.7%	3.0%	3.8%	5.3%	2.6%
Current ratio	2.85×	2.04×	2.12×	2.19×	1.99×	2.27×	2.13×	1.87×
Debt / equity	0.17×	0.28×	0.21×	0.26×	0.44×	0.36×	0.39×	0.43×
Interest coverage	4.73×	4.79×	10.8×	2.58×	1.72×	1.65×	1.78×	1.58×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	2.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	38.1%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	6.2%	7.2%	6.4%	5.2%	2.7%	2.8%	4.0%	2.7%
Return on invested capital	6.0%	6.6%	16.7%	6.8%	3.9%	4.8%	5.2%	4.8%
Return on assets	4.5%	4.5%	4.1%	3.4%	1.6%	1.8%	2.6%	1.5%
Free cash flow yield	9.2%	-4.7%	3.0%	35.2%	-11.3%	9.5%	38.6%	12.8%
Earnings yield	4.8%	2.6%	2.8%	8.2%	4.4%	4.9%	21.0%	5.2%
Enterprise value	₹1.2B	₹2.3B	₹1.7B	₹575.3M	₹673.4M	₹579M	₹342.5M	₹545.4M
Net debt / EBITDA	1.09×	1.96×	1.33×	1.89×	4.24×	3.25×	3.15×	2.93×
Cash conversion cycle (days)	210	231	181	215	407	519	513	364