Somi Conveyor Beltings Ltd (SOMICONVEY) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 284074, "name": "Somi Conv.Belt.", "stock_name": "Somi Conv.Belt.", "full_name": "Somi Conveyor Beltings Ltd", "name_url": "stocks-analysis/somi-convbelt", "exchange": 0, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "101.10", "chg": 1.05, "chgp": "1.05%", "dir": 1, "prev_price": "100.05", "mcapval": "117.00 Cr", "mcap": "Micro Cap", "scripcode": 533001, "symbol": "SOMICONVEY", "ind_name": "Industrial Manufacturing", "ind_code": 71, "sector_id": 41, "indexname": "India SENSEX", "isin": "INE323J01019", "curr_date": "Jun 03, 03:30 PM", "curr_time": "17:29 PM", "last_traded_at": "Jun 03, 03:30 PM IST", "bse_nse_vol": "8.5 k", "exc_status": "Active", "traded_date": "Jun 03, 2026", "traded_date_str": "2026 06 03", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-registerF-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/somi-convbelt-284074-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Somi Conveyor Beltings Ltd Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals", "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-ltd-downgraded-to-strong-sell-amid-weak-financials-and-bearish-technicals-4030052", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/SomiConveyorBel_mojoScore_4030052.png", "date": "2026-06-02 08:21:05", "description": "Somi Conveyor Beltings Ltd, a micro-cap player in the industrial manufacturing sector, has seen its investment rating downgraded from Sell to Strong Sell as of 1 June 2026. This shift reflects deteriorating technical indicators, disappointing financial performance, and subdued valuation metrics, signalling heightened caution for investors amid ongoing market challenges." }, { "title": "Somi Conveyor Beltings Ltd Upgraded to Sell Amid Mixed Financial and Technical Signals", "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-ltd-upgraded-to-sell-amid-mixed-financial-and-technical-signals-4015905", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SomiConveyorBel_mojoScore_4015905.png", "date": "2026-05-27 08:06:21", "description": "Somi Conveyor Beltings Ltd, a micro-cap player in the industrial manufacturing sector, has seen its investment rating upgraded from Strong Sell to Sell as of 26 May 2026. This change reflects a complex interplay of deteriorating financial trends, cautious technical signals, valuation considerations, and quality assessments. Despite some operational challenges, the company’s valuation metrics and certain technical indicators have moderated the downgrade, offering a nuanced outlook for investors." }, { "title": "Somi Conveyor Beltings Falls 7.39%: Sharp Profit Decline and Downgrade Weigh on Stock", "link": "https://www.marketsmojo.com/news/stocks-in-action/somi-conveyor-beltings-falls-739-sharp-profit-decline-and-downgrade-weigh-on-stock-4009418", "imagepath": "", "date": "2026-05-24 12:00:05", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>18 May:</strong> Stock opens at Rs.109.65, down 0.54% amid broader market weakness</p>\n <p><strong>19 May:</strong> Price rebounds to Rs.111.05 (+1.28%) as Sensex gains 0.25%</p>\n <p><strong>20 May:</strong> Continued gains to Rs.112.40 (+1.22%) with positive market sentiment</p>\n <p><strong>21 May:</strong> Sharp fall to Rs.100.45 (-10.63%) following Q4 profit warning</p>\n <p><strong>22 May:</strong> Slight recovery to Rs.102.10 (+1.64%) despite downgrade to Strong Sell</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">We..." }, { "title": "Somi Conveyor Beltings Ltd Downgraded to Strong Sell Amid Financial and Technical Weakness", "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-ltd-downgraded-to-strong-sell-amid-financial-and-technical-weakness-4004461", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SomiConveyorBel_mojoScore_4004461.png", "date": "2026-05-22 08:06:31", "description": "Somi Conveyor Beltings Ltd, a micro-cap player in the industrial manufacturing sector, has been downgraded from a Sell to a Strong Sell rating as of 21 May 2026. This revision reflects a marked deterioration across multiple parameters including financial performance, valuation, technical indicators, and overall quality metrics. The downgrade follows a challenging quarter ending March 2026, with the company’s stock price falling sharply by over 10% on the day of the announcement, underscoring investor concerns." }, { "title": "Are Somi Conveyor Beltings Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-somi-conveyor-beltings-ltd-latest-results-good-or-bad-4003569", "imagepath": "", "date": "2026-05-21 19:22:56", "description": "Somi Conveyor Beltings Ltd's latest financial results for Q4 FY26 reveal significant operational challenges. The company reported net sales of ₹17.29 crores, reflecting a substantial contraction of 53.87% compared to the previous quarter and a 28.82% decline year-on-year. This marks the lowest quarterly revenue in recent history, raising concerns about demand and execution capabilities.\n\nNet profit for the quarter fell to ₹0.59 crores, representing a 75.22% decline sequentially and a 34.44% drop year-on-year. The profit after tax margin also contracted sharply to 3.41%, down from 6.35% in the previous quarter, indicating difficulties in maintaining profitability amidst declining revenues and an unusually high tax rate of 53.91%.\n\nDespite these challenges, the operating margin improved slightly to 11.22%, suggesting some cost control measures were implemented. However, the overall financial performance is ov..." }, { "title": "Somi Conveyor Beltings Ltd is Rated Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-ltd-is-rated-sell-4002696", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SomiConveyorBel_mojoScore_4002696.png", "date": "2026-05-21 10:10:58", "description": "Somi Conveyor Beltings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 May 2026, providing investors with the latest insights into the company’s performance and outlook." }, { "title": "Somi Conveyor Beltings Q4 FY26: Sharp Profit Decline Raises Red Flags", "link": "https://www.marketsmojo.com/news/result-analysis/somi-conveyor-beltings-q4-fy26-sharp-profit-decline-raises-red-flags-4003014", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SomiConveyorBel_quaterlyResult_4003014.png", "date": "2026-05-21 09:46:59", "description": "Somi Conveyor Beltings Ltd., a Jodhpur-based manufacturer of customised conveyor belts, reported a concerning quarterly performance for Q4 FY26, with net profit plunging to ₹0.59 crores—a sharp 75.22% decline quarter-on-quarter and a 34.44% drop year-on-year. The results, announced recently, triggered an 8.45% fall in the stock price to ₹102.90, reflecting investor disappointment over the company's weakening operational performance and mounting profitability pressures." }, { "title": "When is the next results date for Somi Conveyor Beltings Ltd?", "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-somi-conveyor-beltings-ltd-3988138", "imagepath": "", "date": "2026-05-12 23:16:45", "description": "The next results date for Somi Conveyor Beltings Ltd is scheduled for 20 May 2026...." }, { "title": "Somi Conveyor Beltings Ltd is Rated Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-conveyor-beltings-ltd-is-rated-sell-3984130", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/SomiConveyorBel_mojoScore_3984130.png", "date": "2026-05-10 10:10:02", "description": "Somi Conveyor Beltings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 May 2026, providing investors with the latest insights into the company’s performance and outlook." } ], "total": 159, "sid": "284074", "stock_news_url": "https://www.marketsmojo.com/news/somi-conveyor-beltings-284074" }, "announcements": [ { "caption": "Audited Financial Results For The Fourth Quarter (Q4) And Year Ended 31St March 2026.", "datetime": "20-May-2026", "details": "Audited Financial Results for the Fourth Quarter (Q4) and Year ended 31st March2026.", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Change in Management", "datetime": "20-May-2026", "details": "Intimation under Regulation 30 of SEBI (LODR) Regulations 2015 regarding appointment of Internal Auditor and Cost Auditor.", "source": "BSE" }, { "caption": "Board Meeting Outcome for Outcome Of The 3Rd (2026) Board Meeting Held Today On 20/05/2026.", "datetime": "20-May-2026", "details": "Outcome of the 3rd (2026) Board Meeting held today on 20/05/2026.", "source": "BSE" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "", "data": [ { "txt": "Somi Conveyor Beltings Ltd has declared <strong>5%</strong> dividend, ex-date: 19 Sep 18", "dt": "2018-09-19", "middle_text": "Dividend Alert" } ] }, { "img": "splits.svg", "title": "SPLITS", "msg": "No <strong>Splits</strong> history available", "data": [] }, { "img": "bonus.svg", "title": "BONUS", "msg": "No <strong>Bonus</strong> history available", "data": [] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "No <strong>Rights</strong> history available", "data": [] } ] }

Key Events This Week

18 May: Stock opens at Rs.109.65, down 0.54% amid broader market weakness

19 May: Price rebounds to Rs.111.05 (+1.28%) as Sensex gains 0.25%

20 May: Continued gains to Rs.112.40 (+1.22%) with positive market sentiment

21 May: Sharp fall to Rs.100.45 (-10.63%) following Q4 profit warning

22 May: Slight recovery to Rs.102.10 (+1.64%) despite downgrade to Strong Sell

We...

Read full news article

Somi Conveyor Beltings Ltd Downgraded to Strong Sell Amid Financial and Technical Weakness

2026-05-22 08:06:31

Somi Conveyor Beltings Ltd, a micro-cap player in the industrial manufacturing sector, has been downgraded from a Sell to a Strong Sell rating as of 21 May 2026. This revision reflects a marked deterioration across multiple parameters including financial performance, valuation, technical indicators, and overall quality metrics. The downgrade follows a challenging quarter ending March 2026, with the company’s stock price falling sharply by over 10% on the day of the announcement, underscoring investor concerns.

Read full news article

Are Somi Conveyor Beltings Ltd latest results good or bad?

2026-05-21 19:22:56

Somi Conveyor Beltings Ltd's latest financial results for Q4 FY26 reveal significant operational challenges. The company reported net sales of ₹17.29 crores, reflecting a substantial contraction of 53.87% compared to the previous quarter and a 28.82% decline year-on-year. This marks the lowest quarterly revenue in recent history, raising concerns about demand and execution capabilities. Net profit for the quarter fell to ₹0.59 crores, representing a 75.22% decline sequentially and a 34.44% drop year-on-year. The profit after tax margin also contracted sharply to 3.41%, down from 6.35% in the previous quarter, indicating difficulties in maintaining profitability amidst declining revenues and an unusually high tax rate of 53.91%. Despite these challenges, the operating margin improved slightly to 11.22%, suggesting some cost control measures were implemented. However, the overall financial performance is ov...

Read full news article

Somi Conveyor Beltings Ltd is Rated Sell

2026-05-21 10:10:58

Somi Conveyor Beltings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 21 May 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article

Somi Conveyor Beltings Q4 FY26: Sharp Profit Decline Raises Red Flags

2026-05-21 09:46:59

Somi Conveyor Beltings Ltd., a Jodhpur-based manufacturer of customised conveyor belts, reported a concerning quarterly performance for Q4 FY26, with net profit plunging to ₹0.59 crores—a sharp 75.22% decline quarter-on-quarter and a 34.44% drop year-on-year. The results, announced recently, triggered an 8.45% fall in the stock price to ₹102.90, reflecting investor disappointment over the company's weakening operational performance and mounting profitability pressures.

Read full news article

When is the next results date for Somi Conveyor Beltings Ltd?

2026-05-12 23:16:45

The next results date for Somi Conveyor Beltings Ltd is scheduled for 20 May 2026....

Read full news article

Somi Conveyor Beltings Ltd is Rated Sell

2026-05-10 10:10:02

Somi Conveyor Beltings Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 07 Feb 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 10 May 2026, providing investors with the latest insights into the company’s performance and outlook.

Read full news article