Is Somi Conveyor Beltings Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Somi Conveyor Beltings Ltd (SOMICONVEY.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Somi Conveyor Beltings Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Somi Conveyor Beltings Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Somi Conveyor Beltings Ltd?

Muslim investors may consider investing in Somi Conveyor Beltings Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Somi Conveyor Beltings Ltd classified as HALAL?

Musaffa determines the Shariah status of Somi Conveyor Beltings Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Somi Conveyor Beltings Ltd updated?

The Shariah compliance status of Somi Conveyor Beltings Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Somi Conveyor Beltings Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Somi Conveyor Beltings Ltd?

You can check the latest Shariah compliance status of Somi Conveyor Beltings Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Somi Conveyor Beltings Ltd SOMICONVEY.NS

₹113.17 ₹1.82 (1.63%) 1D

Last Updated: May 15, 12:00 AM·NSE

SOMICONVEY.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 10, 2026

Report Source: 2026 2nd Quarter Report

Somi Conveyor Beltings Ltd. Stock Analysis SOMICONVEY.NS

India Industrials Nano Cap Report: Q2, 2026

Somi Conveyor Beltings Ltd. engages in the manufacture and sale of industrial conveyor belts. The company employs 109 full-time employees The company went IPO on 2008-07-24. The firm has a range of conveyor belts, including M-24, Tiger M-27(Superior Abrasion Resistance), HR Grade, SHR Grade, SHR T2 upto 150 Deg Conveyor Belts, UHR Grade, UHR T3180 Deg Conveyor Belts, SEHR-36 & 72 (Crack-Resistant upto 350 Degree), Fire-Resistant SEFR-81, Oil Resistant Conveyor Belts, SAR-36 Fusion Belt(Combination of Fabric Belt and Steel Wires), STA(Bullet Proof Aramid Fabric), Pipe Conveyor Belts (Streamlined Material Transportation with Unparalleled Efficiency), and Steel Cord Conveyor Belts. The firm offers its conveyor belts under its brand name, Somiflex. Its plant has an installed capacity of over 9,00,000 meters per annum and offers a range of conveyor belts up to 2000mm in width. The firm has operations across Rajasthan, Maharashtra, Gujarat and Tamil Nadu with manufacturing facilities located at Jodhpur, Rajasthan.

Key Statistics of Somi Conveyor Beltings Ltd (SOMICONVEY.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹109.01₹113.88

Today's Open

₹111.35

Volume

4280.00

P/E Ratio (TTM)

24.07

52 Week Range

₹85.50₹203.99

Market Cap

1.30B

Avg. Volume

8853.76

Dividend Yield

Financial Metrics & Statements of Somi Conveyor Beltings Ltd (SOMICONVEY.NS)

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FAQ's for Somi Conveyor Beltings Ltd (SOMICONVEY.NS)

According to Musaffa’s Shariah screening methodology, Somi Conveyor Beltings Ltd (SOMICONVEY.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.