Somi Conveyor Beltings Secures Rs 30.67 Lakh Order from Essar Bulk Terminal

1 min read     Updated on 11 Nov 2025, 04:30 AM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Somi Conveyor Beltings Limited has received a new domestic order worth Rs 30.67 lakh from Essar Bulk Terminal (Salaya) Limited. The order is for 400 meters of Open End Flat Conveyor Belt with specific dimensions. The company is required to deliver the product within 15 days from the purchase order date. This order is not a related party transaction, and neither the promoter, promoter group, nor any group companies have any interest in Essar Bulk Terminal (Salaya) Limited.

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*this image is generated using AI for illustrative purposes only.

Somi Conveyor Beltings Limited has announced a new domestic order worth Rs 30.67 lakh from Essar Bulk Terminal (Salaya) Limited. This development marks a positive step for the company in expanding its order book and strengthening its position in the conveyor belt industry.

Order Details

The order specifics are as follows:

Parameter Details
Client Essar Bulk Terminal (Salaya) Limited
Order Value Rs 30.67 lakh
Product Open End Flat Conveyor Belt
Dimensions 1800mm width, 6mm top thickness, 3mm bottom thickness
Quantity 400 meters
Unit Rate Rs 6,499
Delivery Timeline 15 days from purchase order date

Key Points

  • The order is for supplying fabric conveyor belts, which are crucial components in material handling systems.
  • Somi Conveyor Beltings is required to deliver the product within a tight timeline of 15 days from the date of the purchase order, demonstrating the company's confidence in its production and delivery capabilities.
  • The company has confirmed that this transaction does not fall under related party transactions, ensuring transparency in its business dealings.
  • Neither the promoter, promoter group, nor any group companies have any interest in Essar Bulk Terminal (Salaya) Limited, the entity awarding the order.

This new order showcases Somi Conveyor Beltings' ability to secure contracts from reputable clients in the industrial sector. The quick turnaround time required for this order may indicate the company's operational efficiency and its capacity to meet urgent client needs.

For investors and market observers, this development provides insight into Somi Conveyor Beltings' ongoing business activities and its position within the industrial equipment supply chain. The order's value contributes to the company's revenue stream and may be seen as an indicator of demand for its products.

As the conveyor belt industry plays a crucial role in various sectors including mining, power, steel, and cement, such orders can be indicative of broader industrial activity. However, it's important for stakeholders to consider this information as part of a larger picture when assessing the company's overall performance and market position.

Historical Stock Returns for Somi Conveyor Beltings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.56%+1.83%+8.67%-19.97%-3.47%+670.40%
Somi Conveyor Beltings
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SOMI Conveyor Beltings Reports Robust Order Book of ₹85.50 Crore

1 min read     Updated on 17 Sept 2025, 04:36 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

Somi Conveyor Beltings Limited has disclosed an order book position of ₹85.50 crore as of September 15, 2025. The company communicated this information to the National Stock Exchange of India Limited (NSE) and BSE Limited through an official letter signed by Whole-time Director Vimal Bhansali. This substantial order book suggests strong demand for the company's products and services in the conveyor belt manufacturing sector.

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*this image is generated using AI for illustrative purposes only.

Somi Conveyor Beltings Limited, a key player in the conveyor belt industry, has disclosed a substantial order book position of ₹85.50 crore as of September 15, 2025. This significant figure underscores the company's strong market presence and ongoing business momentum.

Order Book Details

The company formally communicated this information to both the National Stock Exchange of India Limited (NSE) and BSE Limited through an official letter. The disclosure, signed by Whole-time Director Vimal Bhansali, provides a clear snapshot of Somi Conveyor Beltings' current business pipeline.

Management Statement

In the official communication, the company stated, "We hereby confirm that order in hand position of our company as on 15.09.2025 was INR 85.50 Crores. (Rupees Eighty-Five Crore and Fifty Lacs Only)."

Market Implications

This substantial order book is a positive indicator for Somi Conveyor Beltings, suggesting a healthy demand for its products and services. It provides visibility into the company's near-term revenue potential and could be of interest to investors and market analysts tracking the industrial equipment sector.

Company Overview

Somi Conveyor Beltings Limited operates in the conveyor belt manufacturing sector, a crucial component for various industries including mining, cement, steel, and material handling.

The reported order book of ₹85.50 crore demonstrates the company's ability to secure significant business in its operational domain, potentially indicating strong customer relationships and competitive product offerings.

As the industrial sector continues to evolve, Somi Conveyor Beltings' robust order position may reflect broader trends in industrial activity and infrastructure development. Stakeholders will likely keep a close eye on how this translates into the company's financial performance in the coming quarters.

Historical Stock Returns for Somi Conveyor Beltings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.56%+1.83%+8.67%-19.97%-3.47%+670.40%
Somi Conveyor Beltings
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