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Belrise Industries Ltd

₹ 185-0.21%
05 Jan – close price
🔗belriseindustries.com•BSE: 544405•NSE: BELRISE
Market Cap₹ 16,433 Cr.
Current Price₹ 185
High / Low₹ 190
Stock P/E38.5
Book Value₹ 54.2
Dividend Yield0.30 %
ROCE13.3 %
ROE13.8 %
Face Value₹ 5.00
Sales₹ 7,179 Cr.
OPM14.0 %
Mar Cap₹ 16,433 Cr.

ABOUT

Incorporated in 1988, Belrise Industries Limited manufactures Automotive Sheet Metal and casting parts, Polymer components, Suspension, and mirror systems for automotives.[1]

KEY POINTS

Business Profile[1]The company is a leading automotive component manufacturer, offering safety-critical systems and engineering solutions for 2-wheelers, 3-wheelers, 4-wheelers (passenger and commercial), and agricultural vehicles. Its operations extend across India and key international markets, including Austria, Slovakia, the UK, Japan, and Thailand.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionLarge Order ReceiptsLarge Order ReceiptsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Samvardh. Mothe.121.8138.39128563.670.47845.63-3.2530172.978.4913.66117367.728.863348.88851.183.464.600.53
2.Bosch39170.0050.86115526.591.31554.2010.824794.809.1121.1118959.7013.112271.53554.208.2410.700.01
3.Uno Minda1336.6070.5477128.720.17322.7927.144814.0313.4118.8318015.4311.541093.46303.9912.389.360.46
4.Bharat Forge1482.3065.5670867.080.57299.2822.834031.939.3112.1815268.8317.661080.93299.207.574.720.71
5.Schaeffler India3821.7053.4559734.570.73306.6524.082360.1413.8625.678834.5718.981117.62306.6510.8514.850.01
6.Tube Investments2530.0078.1148957.950.14302.05-9.735522.6412.1521.8020793.889.22626.78186.666.517.330.09
7.Endurance Tech.2548.4041.0335846.520.39227.2711.973582.8223.0117.2612724.3613.48873.65227.275.739.210.20
8.Belrise Industri184.6638.4816432.510.30122.8688.961802.0213.3413.297179.1513.95427.04122.863.405.490.24
–Median: 125 Co.459.830.271336.060.3812.9210.9213.1511.1114.96827.2412.0638.9110.773.186.560.38

Quarterly Results

Standalone figures in ₹ crores

Dec 2024Jun 2024Jun 2025Mar 2024Mar 2025Sep 2024Sep 2025
Sales
1,7801,4251,7981,4761,7991,5901,802
Expenses
1,5481,2091,5421,2841,5451,3761,542
Operating Profit
232215255192254214260
Other Income
299215121422
Profit before tax
121831305814078164
Tax %
25%21%21%15%21%17%25%
Net Profit
91661034911065123
EPS in Rs
1.401.011.150.751.691.001.38

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
2,8573,8284,0074,8975,3956,0336,5947,179
Expenses
2,5423,2893,4384,1704,5975,1895,6796,178
Operating Profit
3165395697287988439151,001
Other Income
15636282538626584
Interest
111163197215217227228196
Depreciation
120177206245306321329334
Profit before tax
240234194293313358423556
Net Profit
205230175247271295332427
EPS in Rs
–––––4.545.115.62
Dividend Payout %
0%0%0%0%0%0%11%–

Compounded Profit Growth

10 Years:%
5 Years:8%
3 Years:10%
TTM:18%

Compounded Sales Growth

10 Years:%
5 Years:11%
3 Years:10%
TTM:9%

Return on Equity

10 Years:%
5 Years:14%
3 Years:14%
Last Year:14%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:%
1 Year:%

Balance Sheet

Standalone figures in ₹ crores

Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
2020202020326326445
Reserves
7761,2421,4161,6851,9461,9202,2524,382
Borrowings
1,5161,9732,3822,6322,3532,2542,7061,151
Other Liabilities
3266777427438281,0861,2351,380
Total Liabilities
2,6383,9134,5615,0805,1485,5856,5187,358
Fixed Assets
1,3421,8342,0262,4582,4272,4592,7042,856
Gross Block
1,721.732,528.412,910.423,570.813,844.394,135.534,678.31–
Accumulated Depreciation
379.94694.01884.861,112.861,417.691,676.851,974.35–
CWIP
33233029512080179263236
Investments
353843705321354369
Other Assets
9291,7102,1982,4322,5892,9273,1973,898
Total Assets
2,6383,9134,5615,0805,1485,5856,5187,358

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
–52097369756762654
Cash from Investing Activity
–-550-289-439-198-360-1,019
Cash from Financing Activity
–3420339-496-328223
Net Cash Flow
–511-316374-142

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2018Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
50456247524858
Inventory Days
33405141414750
Days Payable
31504845415461
Cash Conversion Cycle
51346543524246
Working Capital Days
74743936333036
ROCE %
––11%12%12%13%13%

Shareholding Pattern

Numbers in percentages

Jun 2025Sep 2025
Promoters
73.01%73.01%
FIIs
6.78%7.67%
DIIs
7.12%4.00%
Public
13.08%15.32%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Belrise Industries Confirms SEBI Compliance for Quarter Ended March 31, 2026

13th April 2026, 8:14 pm

Belrise Industries Issues Corporate Guarantee for Subsidiary's Loan

8th April 2026, 11:54 pm

Belrise Industries Issues Corporate Guarantee for Subsidiary's Acquisition Financing

5th April 2026, 4:23 am

Belrise Industries to Close Trading Window for Financial Results Approval

28th March 2026, 7:37 pm

Belrise Industries Schedules Investor Meeting for April 1, 2026

25th March 2026, 9:10 pm

Published by Other Websites

External media mentions & references

Belrise Industries Hits Record High, Eyes ₹225 Target Post Breakout

10th April 2026, 6:38 am

India Auto Supply Chain Hit by Gas Crisis: Weaknesses Exposed

25th March 2026, 12:46 pm

2025 IPOs Crash: Most Listings Now Trade Below Offer Price

25th March 2026, 6:50 am

Top Brokerages Name 10 Stocks with Up to 80% Upside

21st March 2026, 6:56 am

Belrise Buys UK Aerospace Firm, Analysts Lift Target to Rs 225

20th March 2026, 12:26 pm

News Articles

Editorial & research coverage

Breakouts Hold Ground Amidst Sectoral Divergence
Breakouts Hold Ground Amidst Sectoral Divergence

11th February 2026, 5:52 pm

India's IPO Frenzy: Record Funds Raised, But Only 50% Winners? Uncover the Truth!
India's IPO Frenzy: Record Funds Raised, But Only 50% Winners? Uncover the Truth!

31st December 2025, 11:35 am

India's 2025 IPO Surge: Record Funds Raised, But Many New Stocks Fail to Shine Long-Term
India's 2025 IPO Surge: Record Funds Raised, But Many New Stocks Fail to Shine Long-Term

29th December 2025, 2:21 pm

Belrise Industries Defence Deal Sparks 5% Surge: Is This India's Next Big Defense Stock?
Belrise Industries Defence Deal Sparks 5% Surge: Is This India's Next Big Defense Stock?

24th December 2025, 11:31 am

Belrise Industries Surges 6% as Mutual Fund Giants SBI MF & BlackRock Buy Major Stake!
Belrise Industries Surges 6% as Mutual Fund Giants SBI MF & BlackRock Buy Major Stake!

24th December 2025, 11:30 am

Documents

Announcements

Closure of Trading Window

29 Dec - Trading window closed from Jan 1, 2026 until 48 hours after board meeting for quarter ended Dec 31, 2025 results.

Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015 Regarding Entering Into An Exclusive Teaming And Strategic Agreement

23 Dec - 3-year exclusive teaming agreement (Dec 22, 2025) with Plasan to pursue ATEMM defense contracts and supply-chain integration.

Announcement Under Regulation 30 Read With Part A Of Schedule III Of The SEBI (Listing Obligation And Disclosure Requirements), 2015

23 Dec - Sumedh Tools sold 5,83,43,040 shares (6.56%) in a block deal on Dec 23, 2025.

Annual Reports

Financial Year 2025

(from nse)

Credit Ratings

Rating update

8 Dec from crisil

Rating update

10 Sep 2025 from crisil

Rating update

17 Mar 2025 from crisil

Rating update

11 Mar 2025 from crisil

Rating update

13 Nov 2024 from crisil

Rating update

27 Sep 2024 from crisil

Concalls

Nov 2025

TranscriptPPTRecording

Aug 2025

Transcript

Aug 2025

TranscriptPPTRecording

Jun 2025

TranscriptPPTRecording

Stock Analysis

Description

Belrise Industries Limited is an automotive component manufacturer, providing safety-critical systems and engineering solutions for various vehicle segments. The company operates internationally.

Key Growth Triggers

  1. Strategic focus on the EV segment, proprietary products, and transitioning to a Tier-0.5 system supplier.
  2. Diversification into defence and aerospace sectors through a new subsidiary and strategic agreements.
  3. Expansion of manufacturing plants and capacity.
  4. Recent credit rating upgrades by CRISIL to AA-/Stable.

Key Red Flags

  1. The company has delivered a poor sales growth of 11.5% over the past five years.
  2. Low return on equity of 13.9% over the last 3 years.
  3. Stock trading at 3.40 times its book value.
  4. Company's cost of borrowing seems high.
  5. One AGM resolution concerning material related party transactions was voted against.

Corporate Announcements

13th Apr 26
Impact Rating: 3
Belrise Industries Limited confirmed compliance with SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026, via its Registrar and Transfer Agent, MUFG Intime India Private Limited.
8th Apr 26
Impact Rating: 6
Belrise Industries provided a GBP 1,38,60,000 corporate guarantee for its subsidiary, Belrise UK Holdings, to secure a term loan from ICICI Bank UK. This represents a contingent liability with no immediate financial impact.
4th Apr 26
Impact Rating: 6
Belrise Industries announced a corporate guarantee for Belrise UK Holdings Limited, backing a GBP 1,980,000 deferred payment to sellers of Chester Hall Precision Engineering. This is a contingent liability.
28th Mar 26
Impact Rating: 4
Belrise Industries will restrict its Designated Persons, relatives, and connected individuals from trading its shares starting April 1, 2026. This pre-emptive measure is taken before the board meeting to approve audited financial results for the fiscal year ending March 31, 2026.
25th Mar 26
Impact Rating: 3
Belrise Industries has scheduled a virtual group meeting with analysts and institutional investors for April 1, 2026, from 3:30 PM to 4:30 PM. The company stressed that discussions will solely be based on publicly available information.