Belrise Industries Limited share price

NSE: BELRISE · ISIN INE894V01022

Key numbers

Market cap
₹ 23,978 Cr
Current price
₹ 247.92
52-week high / low
₹ 268 / 143
Stock P/E
43.5
Book value
₹ 58.7
Dividend yield
0.22%
ROCE
14.2%
ROE
12.5%
Debt to equity
0.29
Sales growth (3 yrs)
13.5%
Profit growth (3 yrs)
16.6%
1-year return
53.5%

About Belrise Industries Limited

Belrise Industries Limited, together with its subsidiaries, manufactures and sells automotive parts and components of two-wheeler, three-wheeler and four-wheeler passenger and commercial vehicles in India. The company offers shock absorber springs, rear and front shock absorbers, plastic and seat cowls, side dashboards, steering columns, head lamp brackets, front fenders, exhaust systems, foot rests, brake pedals, hub motors, main and side stands, chassis, front fork assembly, two-wheeler chassis sub-assemblies, BIW parts, plastic accessories, seating system parts, polymer parts, cross car beams, battery containers, air tanks, and bumpers. It also provides polymer refrigerator parts, such as fruit and vegetable trays, handles, and bases; and renewable parts, including solar panel components. In addition, the company offers press parts; two-wheeler fairings, seat and side covers, luggage boxes, helmets, and headlight housings; outer and inner rear-view mirrors for vehicles; wishbone assemblies; tri hexavalent nickel chrome plating of mild and stainless steel; automotive systems comprising clutch and pressure plates, flywheels, control arms, crankshafts, housings, hubs, and…

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,2622,3542,3412,5532,546
Operating profit281296287290293
Net profit112133122130122
EPS (₹)1.501.631.451.531.37

Concall summary (2026-08-21)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • The four-wheeler and commercial vehicle business were the fastest growing segments of our portfolio in FY26 and this momentum has continued into Q1 FY27, with revenues growing 18% year-on-year driven by new business wins across an expanding customer base.
  • The program is expected to generate annual revenue in excess of INR650 million and will be added to our existing brownfield facility in Bangalore, with start of production expected in Q4 of this fiscal year.

Growth & demand

  • On the demand side, our two and three-wheeler business, which remains the largest contributor to revenue, continued to benefit from the industry-wide volume recovery and from new platform launches at our marquee customers.
  • Total revenue from operations for Q1 FY27 stood at INR25,465 million, up 13% year -on-year, including manufacturing revenue of INR21,979 million, which grew 20% year -on-year.

Margins & costs

  • Our EBITDA stood at INR2,933 million with margins at 11.5%.
  • During the quarter, we also navigated several operating headwinds, including disruptions to input availability and logistics from the global oil situation, elevated raw material and energy costs, and higher staff and labor costs following the minimum wage hike.

Capex & expansion

  • Last year, we acquired SDM and Chester Hall, further deepening our capabilitie s in this domain.
  • As part of the transaction, we will also acquire three established manufacturing facilities in Pune, in Jamshedpur, and in Bangalore, which gives us an immediate manufacturing footprint close to commercial vehicle customers and clusters without the gestation period associated with building greenfield capacity.

Balance sheet & cash

  • Our objective is to build on these capabilities, expand their existing customer and program presence, and over time, leverage India as a complementary manufacturing base as a best cost manufacturing location.
  • This gives us an opportunity and an immediate entry point into this customer and importantly, an opportunity to leverage our broader product portfolio and progressively increase our wallet share with this OEM as well.

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