Somi Conveyor Beltings Ltd (SOMICONVEY) — FY26 Annual Report | 5 September 2026

Somi Conveyor Beltings Limited presented its 26th Annual Report for FY 2025-26, highlighting steady progress with a marginal 0.49% decline in revenue to ₹10,074.43 lakhs and an 8.63% reduction in net profit after tax to ₹500.92 lakhs. The Board emphasized continued investment in manufacturing capabilities, technology upgrades, and capacity expansion to strengthen market position. Key developments include ratification of cost auditor remuneration (₹35,000), reappointment of Mrs. Payal Daga as Director, and no dividend recommendation for FY 2025-26. The report underscores strategic focus on operational efficiency, risk management, and sustainable growth amid industry opportunities in mining, infrastructure, and industrial automation. Material risks include raw material price volatility, cybersecurity threats, and regulatory compliance. The Company reaffirmed its commitment to corporate governance, stakeholder engagement, and CSR initiatives, spending ₹12 lakhs (exceeding the 2% net profit norm) on social initiatives. No material changes affecting financial position were noted between FY end and report date.