Best Conveyor Belt Manufacturing Company in India
Somi Conveyor Beltings Ltd. secured orders worth approximately ₹37 crore from leading industrial companies, strengthening its presence across cement, power, metals, and mining sectors.
Somi Conveyor Beltings Ltd., based in Jodhpur, Rajasthan, is one of India's established conveyor belt manufacturers serving industries such as cement, metals, power generation, and mining.
According to the report, the company received orders worth approximately ₹37 crore during September and October 2022. The orders were received from prominent industrial organizations including Ambuja Cement, Jaiprakash Power Ventures, Dalmia Cement, Hindalco, and NTPC.
The article notes that the value of the company's order book was significant relative to its market capitalization at the time, reflecting strong demand for its products and services.
The report also highlights the company's financial performance for FY2021-22, during which it recorded revenue of approximately ₹58 crore and a net profit of ₹1.72 crore.
The continued flow of orders from leading industrial companies demonstrated the growing adoption of Somi Conveyor Beltings' products across India's core infrastructure and manufacturing sectors.