What we do Somi Conveyor Beltings Limited manufactures and distributes high-quality customized rubber conveyor belts for industrial use, serving global markets. |
Founded in 2,000 |
Market share Leading conveyor belt manufacturer in India with large capacity and significant market acceptance among major industrial sectors. |
Problem solved Provides durable, innovative conveyor belts essential for material handling in power, mining, and sponge iron sectors. |
Top clients or who we serve Industrial groups in power generation, mining, and sponge iron sectors; primarily B2B clientele. |
Key management Om Prakash Bhansali (Managing Director), Gaurav Bhansali (Whole-time Director), Vimal Bhansali (Whole-time Director) |
Our journey and innovations From inception in 2000, expanded production capacity from 36,000 to over 900,000 meters; pioneered steel cord line machinery in India, ISO 9001:2000 certified. |
Where we operate Primarily India with global exports to industrial clients worldwide. |
Top products or what we offer Premium customized rubber conveyor belts, including SOMIFLEX special utility belts, steel cord belts, and rubber sheets. |
Top brands SOMIFLEX 'SEHR-36', 'TIGER-M-27'; India’s largest steel cord conveyor belt manufacturer. |
Raw materials needed Rubber compounds, steel cords, synthetic fibers, and other raw materials for conveyor belt manufacturing. |
Raw materials supplier Suppliers include Oliver Rubber Industries LLP and other specialty raw material providers. |
Recurring vs cyclical contribution Revenue primarily from recurring sales and long-term industrial contracts. |
Our industry position Among top conveyor belt manufacturers in India with largest production capacity and growing domestic market share. |
Financial highlights Revenue: Rs.101.24 Cr; Net Profit: Rs.5.49 Cr (FY 2024-25); Profit after tax increased by 20.47%. |
Geographical revenue split - |
Order book - |
Whats driving growth Capacity expansion, product innovation, increased demand in power and mining sectors, and ongoing R&D efforts. |
Our future plans Increase production capacity with new machinery orders, enhance technology absorption, and expand market reach. |
Our green promise Focus on energy conservation, efficient resource use, and safety compliance in operations. |
Our people and values 109 employees fostering professional, ethical culture with focus on health, safety, diversity, and inclusion. |
Key challenges ahead Market fluctuations, raw material price volatility, competition, and managing technological upgrades. |
Interesting facts India's largest steel cord conveyor belt manufacturer; continuous capacity growth since 2002; ISO certified. |
Risks and strategy Mitigates risks via robust governance, diversified client base, ongoing technology updates, and stringent quality controls. |
