Belrise Industries Limited
NSE: BELRISEAuto Components & Equipments
Share price
₹234.80
-4.67% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
63
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹20,897 Cr
P/E ratio
40.9
P/B ratio
4.0
ROCE
14.5%
ROE
12.6%
Dividend yield
0.0%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 17.2% a year against a sector median of 10.5% — 6.7 percentage points faster.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 2.4 times its growth rate, on earnings growth of 17%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Belrise Industries Limited — this one | 17%/yr | 40.9× | ₹2.4 |
| Samvardhana Motherson International Limited | 40%/yr | 35.3× | ₹0.88 |
| Bosch Limited | 14%/yr | 54.8× | ₹3.9 |
| Bharat Forge Limited | 33%/yr | 85.2× | ₹2.6 |
| UNO Minda Limited | 23%/yr | 51.0× | ₹2.2 |
| Schaeffler India Limited | 10%/yr | 46.2× | ₹4.6 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 60 of 101 on returns, 20 of 99 on growth, 54 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
No durable advantage shows in the numbers: it earns 14.5% on capital, ahead of 41% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹3425 crore of cash from the business, spent ₹2677 crore on plant and equipment, and returned ₹135 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 5 years, about 197 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 34 days for its cash to waiting 59 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Sales up 13% and profit up 9%, with operating margin down to 11.5% from 12.4%.
Announced 14 Aug 2026 · Consolidated · Unaudited
Revenue
₹2,546 Cr
Revenue vs last year
+12.6%
Revenue vs last quarter
-0.3%
Net profit
₹122 Cr
Profit vs last year
+8.6%
Profit vs last quarter
-6.4%
Net margin
4.8%
EPS
₹1.37
Earnings call transcript · 17 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹20,897 Cr
- Prev close
- ₹234.80
- 52w High
- ₹268
- 52w Low
- ₹143
- Enterprise value
- ₹23,418 Cr
- Beta
- 1.1
- Price CAGR 1y
- 53.0%
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 5.8%
- PEG ratio
- 2.6
- P/E ratio
- 40.9
- P/B ratio
- 4.0
- EV / EBITDA
- 21.0
- Industry P/E
- 30.6
- ROCE
- 14.5%
- ROCE 5y average
- 14.3%
- ROE
- 12.6%
- Debt / Equity
- 0.3
- Interest coverage
- 3.9
- Dividend yield
- 0.0%
- ROE 3y average
- 13.0%
- ROE last year
- 13.0%
Annual P&L
- Annual revenue
- ₹9,509 Cr
- Annual profit
- ₹497 Cr
- Operating margin
- 12.0%
- Net profit margin
- 5.2%
- EBITDA margin
- 12.1%
- Sales growth 3y
- 13.0%
- Sales growth 5y
- —
- Profit growth 3y
- 17.0%
- Profit growth 5y
- —
- EPS
- ₹5.6
- Sales growth TTM
- 12.0%
- Profit growth TTM
- 29.0%
- Dividend payout
- 10.0%
Quarter P&L
- Sales latest quarter
- ₹2,546 Cr
- Profit latest quarter
- ₹122 Cr
- YoY quarterly sales growth
- 12.6%
- YoY quarterly profit growth
- 8.9%
- OPM latest quarter
- 11.5%
Balance Sheet
- Book Value
- ₹58.7
- Face Value
- ₹5.0
- Total debt
- ₹1,521 Cr
- Total cash
- ₹841 Cr
- Borrowings
- ₹1,521 Cr
- Reserves / Equity
- 10.7
Cash Flow
- Operating cash flow
- ₹876 Cr
- Free cash flow
- ₹258 Cr
- FCF yield
- 0.1%
- Net cash flow
- ₹729 Cr
Shareholding
- Promoter holding
- 61.1%
- FII holding
- 12.1%
- DII holding
- 13.1%
- Public holding
- 13.6%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | 159.20 | 36.8 | 1,67,922 | 0.38 | 1,075.7 | 81.5 | 35,243.8 | 16.6 | 13.4 |
| Bosch | 44,410.00 | 55.4 | 1,30,930 | 0.61 | 706.1 | 5.2 | 5,841.9 | 22.0 | 21.5 |
| Bharat Forge | 1,841.80 | 89.1 | 90,003 | 0.46 | -89.9 | -57.7 | 4,639.9 | 18.7 | 12.6 |
| Uno Minda | 1,104.80 | 52.3 | 63,890 | 0.24 | 315.5 | 1.8 | 5,556.9 | 23.8 | 19.6 |
| Schaeffler India | 3,797.00 | 46.0 | 59,455 | 0.92 | 336.7 | 13.7 | 2,681.4 | 17.5 | 27.9 |
| Sona BLW Precis. | 810.50 | 65.5 | 50,956 | 0.42 | 220.1 | 73.4 | 1,157.2 | 50.8 | 15.1 |
| Tube Investments | 2,388.00 | 74.0 | 46,362 | 0.15 | 294.0 | -15.3 | 6,215.3 | 17.1 | 17.1 |
| Belrise Industri | 246.31 | 46.7 | 23,823 | 0.00 | 121.7 | 8.9 | 2,546.5 | 12.6 | 14.5 |
| Median | 462.10 | 30.0 | 1,632 | 0.32 | 12.3 | 22.3 | 265.5 | 21.0 | 16.4 |
Competes with: Bharat Forge Limited, Bosch Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,526 | 1,781 | 2,069 | 2,167 | 2,274 | 2,262 | 2,354 | 2,341 | 2,553 | 2,546 |
| Expenses | 1,348 | 1,541 | 1,825 | 1,905 | 1,998 | 1,982 | 2,057 | 2,054 | 2,263 | 2,253 |
| Material Cost | 1,405 | 1,432 | 1,458 | 1,457 | 1,707 | 1,723 | ||||
| Change in Inventories | -0.70 | 12 | 4.23 | -25 | 13 | 4.41 | ||||
| Purchases of Stock-in-Trade | 444 | 381 | 437 | 460 | 343 | 310 | ||||
| Employee Cost | 68 | 81 | 83 | 84 | 92 | 115 | ||||
| Other Expenses | 82 | 76 | 74 | 77 | 108 | 101 | ||||
| Operating Profit | 179 | 240 | 243 | 262 | 276 | 281 | 296 | 287 | 290 | 293 |
| OPM % | 12 | 13 | 12 | 12 | 12 | 12 | 13 | 12 | 11 | 12 |
| Other Income | 4 | 9 | 13 | 29 | 10 | 29 | 27 | 27 | 21 | 18 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | -6.41 | 1.27 | 0 | ||||
| Interest | 69 | 77 | 89 | 77 | 64 | 80 | 56 | 50 | 46 | 46 |
| Depreciation | 89 | 83 | 81 | 83 | 83 | 90 | 87 | 93 | 92 | 99 |
| Profit before tax | 25 | 89 | 86 | 131 | 139 | 140 | 181 | 171 | 174 | 166 |
| Tax % | 35 | 20 | 15 | 23 | 21 | 20 | 26 | 29 | 25 | 27 |
| Net Profit | 16 | 72 | 73 | 101 | 110 | 112 | 133 | 122 | 130 | 122 |
| EPS in Rs | 0.25 | 1.10 | 1.13 | 1.55 | 1.69 | 1.26 | 1.49 | 1.37 | 1.46 | 1.37 |
| Diluted EPS in Rs | 1.69 | 1.50 | 1.63 | 1.45 | 1.53 | 1.37 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 5,397 | 6,582 | 7,484 | 8,291 | 9,509 | 9,793 |
| Expenses | 4,642 | 5,707 | 6,556 | 7,270 | 8,355 | 8,627 |
| Material Cost | 5,141 | 6,054 | ||||
| Change in Inventories | -40 | 4.38 | ||||
| Purchases of Stock-in-Trade | 1,610 | 1,622 | ||||
| Employee Cost | 294 | 341 | ||||
| Other Expenses | 264 | 335 | ||||
| Operating Profit | 755 | 875 | 928 | 1,021 | 1,154 | 1,167 |
| OPM % | 14 | 13 | 12 | 12 | 12 | 12 |
| Other Income | 14 | 38 | 59 | 62 | 105 | 94 |
| Exceptional items (within Other Income) | 0 | -5.14 | ||||
| Interest | 216 | 250 | 290 | 307 | 232 | 198 |
| Depreciation | 246 | 307 | 321 | 330 | 361 | 370 |
| Profit before tax | 307 | 357 | 376 | 446 | 666 | 693 |
| Tax % | 15 | 12 | 17 | 20 | 25 | |
| Net Profit | 262 | 314 | 314 | 355 | 497 | 507 |
| EPS in Rs | 4.82 | 5.46 | 5.58 | 5.69 | ||
| Diluted EPS in Rs | 5.46 | 5.82 | ||||
| Dividend Payout % | 0 | 0 | 0 | 10 | 10 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 13%
- TTM
- 12%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 17%
- TTM
- 29%
Stock price CAGR
- 10 years
- —
- 5 years
- —
- 3 years
- —
- 1 year
- 53%
Return on equity
- 10 years
- —
- 5 years
- 14%
- 3 years
- 13%
- Last year
- 13%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 325 | 325 | 445 |
| Reserves | 1,715 | 2,024 | 2,015 | 2,371 | 4,781 |
| Borrowings | 2,466 | 2,353 | 2,504 | 2,964 | 1,521 |
| Other Liabilities | 770 | 1,281 | 1,197 | 1,565 | 1,803 |
| Minority Interest | 0 | ||||
| Total Liabilities | 4,972 | 5,679 | 6,042 | 7,225 | 8,550 |
| Fixed Assets | 0 | 2,429 | 2,460 | 2,900 | 3,104 |
| CWIP | 0 | 80 | 179 | 263 | 240 |
| Investments | 59 | 41 | 9 | 109 | 113 |
| Other Assets | 4,913 | 3,130 | 3,393 | 3,954 | 5,093 |
| Total Assets | 4,972 | 5,679 | 6,042 | 7,225 | 8,550 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | 474 | 789 | 582 | 704 | 876 |
| Cash from Investing Activity | -543 | -194 | -362 | -981 | -475 |
| Cash from Financing Activity | 39 | -530 | -141 | 169 | 328 |
| Net Cash Flow | -30 | 66 | 79 | -108 | 729 |
| Free Cash Flow | -31 | 555 | 130 | -164 | 258 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 63 | 71 | 60 | 70 | 67 |
| Inventory Days | 40 | 39 | 38 | 42 | 44 |
| Days Payable | 48 | 65 | 48 | 58 | 63 |
| Cash Conversion Cycle | 55 | 45 | 49 | 54 | 48 |
| Working Capital Days | 34 | 31 | 40 | 34 | 59 |
| ROCE % | 14 | 14 | 14 | 15 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
exports as % of revenue
4.50pct
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
3,80,60,313inr
2026-03-31
News
News and filings about Belrise Industries Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Bright bar
- Ferrous and non-ferrous metal products
- Mild steel wire
- Polymer / plastic resin inputs
- Sheet metal / steel
- Shocker oil
- Spring wire
- Tubes
Depends on the price of
- aluminium
- steel
Sells to
- Bajaj Auto · Chassis, exhaust systems, fenders, cowls; sheet-metal/fabricated parts
- Eicher Motors · Cross-car beams and body-in-white components
- Hero MotoCorp · Chassis and exhaust systems
- Mahindra & Mahindra · Automotive components
- TVS Motor Company · Automotive sheet-metal and suspension components
- Tata Motors Limited · Automotive components
- Tata Motors Passenger Vehicles Limited · Automotive components
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Automobile and Auto Components
- Industry
- Auto Components & Equipments
- Classification
- Automobile and Auto Components › Auto Components & Equipments
- ISIN
- INE894V01022
Plants
- Aurangabad Facility I · Aurangabad, Maharashtra
- Aurangabad Facility II · Aurangabad, Maharashtra
- Aurangabad Facility III · Aurangabad, Maharashtra
- Bawal Facility · Bawal, Haryana
- Bhiwadi Facility I · Bhiwadi, Rajasthan
- Chennai Facility I · Chennai / Sriperumbudur, Tamil Nadu
- Greater Noida Facility · Greater Noida, Uttar Pradesh
- Indore Facility · Indore, Madhya Pradesh
- Narasapura Facility · Narasapura / Kolar, Karnataka
- Pantnagar Facility I · Pantnagar, Uttarakhand
- Pantnagar Facility II · Pantnagar, Uttarakhand
- Pune Facility I · Pune / Chakan, Maharashtra
- Pune Facility II · Pune / Chakan, Maharashtra
- Pune Facility III · Pune / Ranjangaon, Maharashtra
- Pune Facility IV · Pune / Ranjangaon, Maharashtra
- Tapukera Facility · Tapukera / Bhiwadi, Rajasthan
- Vithalapur Facility · Vithalapur, Gujarat
News impact
Big market events that reach Belrise Industries Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 15 Sep 2026 | unspecified | ₹0.55 |
|---|---|---|
| 22 Aug 2025 | unspecified | ₹0.55 |
Splits, bonuses & buybacks
- daily-prices repair: 2 rows from NSE's archive (replace 0, delete 1, insert 1), 2026-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2026
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call25 Aug 2026
- Earnings call · Q1FY2717 Aug 2026
- Results presentation30 Jun 2026
- Earnings call · Q3FY262 Feb 2026
- Annual report · 2024-251 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.