BELRISE
Belrise Industries Limited
NSELast Traded Price
₹231
1.78 (0.78%)
Open
₹229.32
High
₹232.2
Low
₹226.2
Prev Close
₹229.22
Industry
Auto Components & Equipments
Market Cap
22341.21 Cr
Filing History
Recent corporate announcements and filings for BELRISE
Business Update
Neutral
2026-08-27 15:26
- Concall Schedule
- Concall Date: September 8, 2026
- Concall Time: 3:00 PM to 4:00 PM
- Meeting Type: Group Meeting (Virtual)
Business Update
Positive
2026-08-21 18:26
- Q1 FY27 Consolidated Revenue ₹2,546.5 Cr vs ₹2,262.2 Cr (▲13% YoY)
- Q1 FY27 Manufacturing Revenue ₹2,197.9 Cr vs ₹1,832.3 Cr (▲20% YoY)
- Q1 FY27 Consolidated EBITDA ₹293.3 Cr vs ₹280.5 Cr (▲5% YoY)
- Q1 FY27 Consolidated PAT ₹121.7 Cr vs ₹111.7 Cr (▲9% YoY)
- Consolidated EBITDA Margin 11.5% vs 12.4% (▼90bps)
- Management expects mid-teens revenue growth for FY27 with stable EBITDA margins compared to FY26, noting that Q1 cost pressures are behind them.
- Raised ~₹17,000 million via QIP for inorganic growth in aerospace, 4-wheeler, and commercial vehicle segments.
- Acquired Hyva India's tipper business, expected to complete in Q3 FY27, strengthening commercial vehicle presence and heavy fabrication capabilities.
- Secured new orders including a chassis system for a 2/3-wheeler OEM (annual revenue > ₹650 million) and an expansion into renewable energy solar tracker assemblies (annual revenue > ₹1,500 million).
- Total annual run rate for new orders from a fast-growing 2/3-wheeler OEM is approximately ₹2,000 million, including fuel tanks, exhaust systems, chassis, suspension, and braking systems.
- Advanced in aerospace & defense, targeting 10% of manufacturing revenue in the short to medium term, including discussions for localizing aero engine component manufacturing.
- Successfully concluded technology collaboration with H-One Japan for high tensile steel applications, a key differentiator.
Financials
Positive
2026-08-20 14:14
- Belrise Industries Limited's Board recommended a final dividend of Rs. 0.55 (11%) per equity share for the financial year ended March 31, 2026.
- This recommendation is subject to shareholder approval at the ensuing Annual General Meeting.
Business Update
Neutral
2026-08-17 18:35
- Audio recording of the earnings call held on August 17, 2026, to discuss the unaudited financial results for the quarter ended June 30, 2026, is now available on the company's website.
Financials
Neutral
2026-08-14 19:28
- Q1 FY27 Consolidated Revenue ₹2,546.47 Cr vs ₹2,262.21 Cr (▲12.57% YoY)
- EBITDA ₹293.26 Cr vs ₹280.52 Cr (▲4.54% YoY)
- PAT ₹121.67 Cr vs ₹111.68 Cr (▲8.94% YoY)
- EBITDA Margin 11.52% vs 12.40% (▼88bps)
Financials
Positive
2026-08-14 19:22
- Q1 FY27 Consolidated Revenue ₹2,546.5Cr vs ₹2,262.2Cr (▲12.6% YoY)
- EBITDA ₹293.3Cr vs ₹280.5Cr (▲4.5% YoY)
- PAT ₹121.7Cr vs ₹111.7Cr (▲8.9% YoY)
- EBITDA Margin 11.5% vs 12.4% (▼90bps)
Financials
Positive
2026-08-14 19:17
- Q1 FY27 Revenue from Operations ₹2,546.47 Cr vs Q1 FY26 ₹2,262.21 Cr (▲13% YoY)
- EBITDA ₹293.26 Cr vs ₹280.52 Cr (▲5% YoY)
- PAT ₹121.67 Cr vs ₹111.68 Cr (▲9% YoY)
- EBITDA Margin 11.5% vs 12.4% (▼90bps)
Business Update
Neutral
2026-08-12 13:37
- Concall Schedule
- Concall Date: Monday, August 17, 2026
- Concall Time: 11:00 a.m. (IST)
Business Update
Positive
2026-08-04 13:54
- Belrise Industries Limited acquired the India Tipper Body business from Hyva (India) Pvt. Ltd. (a subsidiary of JOST Werke SE) via a Business Transfer Agreement (BTA).
- The transaction is valued at approximately USD 5.65 million, representing an EV/EBITDA multiple of approximately 3.60x.
- The acquired business delivered an EBITDA of approximately USD 1.57 million for CY2025.
- This acquisition strengthens Belrise's position as a Tier-0.5 supplier, expands its capabilities in the commercial vehicle segment, and enhances its customer portfolio.
Business Update
Positive
2026-08-04 13:51
- Belrise Industries Limited has approved the acquisition of the India Tipper body business from Hyva (India) Pvt. Ltd., a subsidiary of JOST Werke SE.
- The acquisition is on a slump sale basis for a consideration of USD 5.65 million (approximately INR 543.88 million).
- This move is part of the company's strategy to expand its presence in the commercial vehicle segment and diversify its product portfolio.
Ownership
Positive
2026-07-17 23:09
- Belrise Industries Limited allotted 7,72,72,727 Equity Shares via QIP at ₹220.00 per share. The QIP raised ₹17,000 million from QIBs. The paid-up equity share capital increased from ₹4,449.39 million to ₹4,835.76 million.
Business Update
Positive
2026-07-17 21:01
- Belrise Industries Limited announced the closure of its Qualified Institutions Placement (QIP) on July 17, 2026.
- 7,72,72,727 equity shares were allocated to eligible Qualified Institutional Buyers (QIBs).
- The issue price was fixed at ₹220.00 per share, which is a 4.68% discount to the floor price of ₹230.79.
Routine
Neutral
2026-07-14 19:20
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 11:39
New Filing detected. See link for details.
Business Update
Positive
2026-07-04 11:38
- Belrise Industries Limited received Observation Letters from NSE and BSE, both dated July 3, 2026, with 'no adverse observations' for its proposed Scheme of Amalgamation (Merger by Absorption) of Badve Autocomps Private Limited and Eximius Infra Tech Solutions Private Limited into Belrise Industries Limited.
- The company will now proceed with filing the scheme with the NCLT in due course.
- The observation letters are valid for six months from July 3, 2026, within which the scheme must be submitted to the NCLT.
- The company is required to ensure compliance with additional disclosure requirements as part of the observation letter, including details of ongoing proceedings, financials, and shareholding patterns.
Governance
Positive
2026-07-02 16:54
- Members approved a special resolution to raise funds up to ₹20,000 million via Qualified Institutions Placement (QIP).
- The resolution passed with a requisite majority of 99.8178%.
Governance
Positive
2026-07-02 16:52
- Members of Belrise Industries Limited approved a special resolution via postal ballot on July 02, 2026.
- The resolution is for raising funds up to INR 20,000 million by way of issuance of equity shares or other equity-linked instruments through a Qualified Institutions Placement (QIP).
- The resolution was approved with a requisite majority of 99.8178% of valid votes.
Business Update
Neutral
2026-06-30 18:40
- Belrise Industries Limited issued a corporate guarantee to Standard Chartered Bank for up to EUR 2.75 Million.
- The guarantee is for an ECB facility of EUR 2.5 Million sanctioned to its wholly-owned subsidiary, Belrise Defence & Aerospace Private Limited.
- This represents a contingent liability for the company.
Financials
Negative
2026-06-28 11:27
CRITICAL RED FLAG DETECTED
- Belrise Industries responded to SEBI queries regarding financial results for the quarter ended September 30, 2025, which were submitted on November 11, 2025.
- The company clarified that the incorrect date in the Consolidated Limited Review Report (LRR) was a clerical/typographical error, confirming the correct date as November 11, 2025, and stated there was no impact on financial statements or disclosures.
- It also addressed discrepancies in the XBRL submission, explaining that half-yearly figures were inadvertently submitted instead of quarterly, and a revised filing with correct quarterly figures has since been made.
Routine
Neutral
2026-06-27 14:49
- Trading window closed from July 1, 2026 for designated persons.
- Closure is ahead of the Board Meeting to approve Unaudited Financial Results for the quarter ended June 30, 2026.
- It will reopen 48 hours after the board meeting.
Governance
Neutral
2026-06-15 12:18
- Belrise Industries authorized its Chief Financial Officer (Mr. Rahul Ganu) and Company Secretary & Compliance Officer (Mr. Siddhesh Mandke) under SEBI Regulation 30(5).
- They are empowered to determine materiality of events/information and make disclosures to stock exchanges.
Governance
Neutral
2026-06-15 12:05
- Intimation on June 14, 2026, under Regulation 30(5) of SEBI Listing Regulations.
- Authorizes Mr. Rahul Ganu (CFO) and Mr. Siddhesh Mandke (Company Secretary & Compliance Officer) as KMPs to determine materiality and make disclosures to stock exchanges.
Governance
Neutral
2026-06-14 18:23
- Appointment of Mr. Siddhesh Mandke as Company Secretary & Compliance Officer (KMP) and Head of Legal.
- Effective from June 14, 2026.
- Mr. Mandke brings 20 years of experience in corporate laws and compliance management.
Governance
Neutral
2026-06-14 18:15
- Belrise Industries announced the appointment of Mr. Siddhesh Mandke as Company Secretary & Compliance Officer (KMP) and Head of Legal.
- The appointment is effective June 14, 2026.
- Mr. Mandke brings 20 years of experience in corporate laws and compliance management.
Governance
Negative
2026-06-13 00:31
CRITICAL RED FLAG DETECTED
- Mr. Manish Kumar resigned as Head of Legal, Company Secretary, and Compliance Officer (KMP) due to family and personal circumstances.
- His resignation is effective from the close of business hours on June 12, 2026.
Routine
Neutral
2026-06-10 10:31
- Belrise Industries responded to NSE's query regarding a significant increase in trading volume of its securities. The company confirmed no undisclosed material information or events. They stated the volume movement appears purely market-driven and they are unaware of specific reasons.
Business Update
Neutral
2026-06-09 12:44
- Concall Schedule: Meeting with Investors/Analysts organized by Jefferies India in London.
- Concall Date: June 12, 2026
- Concall Time: 9:00 AM to 6:00 PM
Business Update
Positive
2026-06-01 20:26
- Expects to continue delivering mid-teens revenue growth, with EBITDA margins to remain broadly stable compared to FY26 levels.
- Capex is guided to be in the range of 6% to 6.5% of manufacturing revenue.
- The aerospace subsidiary (SDM) is projected to become EBITDA positive in FY27, after a one-time operational loss of INR94.7 million in Q4 FY26 related to startup costs and acquisitions.
- Two new significant orders secured for two-wheeler OEMs are expected to contribute peak annual revenues of INR90 crores (starting Q2 FY27) and approximately INR220 crores (starting Q4 FY27).
- The company aims for the aerospace and defense segment to contribute over 10% of revenues in the next 4-5 years.
- Declared a final dividend of INR0.55 per share for FY26.
Governance
Positive
2026-05-30 16:09
Belrise Industries Limited has issued a Postal Ballot Notice seeking shareholder approval for raising funds up to INR 20,000 million (₹2,000 crore) through a Qualified Institutional Placement (QIP). The funds are intended to support growth plans, investments in subsidiaries and joint ventures, and strengthen the company's balance sheet. Remote e-voting for the resolution will take place from June 1, 2026, to June 30, 2026, with results expected by July 2, 2026.
Business Update
Neutral
2026-05-25 15:05
Belrise Industries announced the availability of the audio recording for its earnings call, held on May 25, 2026, concerning the audited financial results for the quarter and financial year ended March 31, 2026. The recording can be accessed on the company's website at https://belriseindustries.com.
Financials
Positive
2026-05-25 12:49
Consolidated Revenue ₹2,552.83 Cr vs ₹2,274.35 Cr (▲12.24% YoY), EBITDA ₹290.13 Cr vs ₹275.98 Cr (▲5.13% YoY), PAT ₹128.95 Cr vs ₹110.02 Cr (▲17.21% YoY). EBITDA Margin 11.36% vs 12.10% (▼74bps).
Business Update
Positive
2026-05-24 20:47
Belrise Industries Limited's Board of Directors, at their meeting on May 24, 2026, approved a plan to raise funds aggregating up to INR 20,000.00 Million. This fundraising will be executed through a Qualified Institutions Placement (QIP), involving the issuance of equity shares or any other equity-linked instruments, subject to shareholder and regulatory approvals.
Financials
Positive
2026-05-24 20:19
Consolidated Revenue ₹2,552.83 Cr vs ₹2,274.35 Cr (▲12.2% YoY), EBITDA ₹290.13 Cr vs ₹275.98 Cr (▲5.1% YoY), PAT ₹128.95 Cr vs ₹110.02 Cr (▲17.2% YoY). EBITDA Margin 11.4% vs 12.1% (▼70bps).
Financials
Positive
2026-05-24 20:04
Consolidated Revenue ₹2,552.83Cr vs ₹2,274.35Cr (▲12.24% YoY), EBITDA ₹291.40Cr vs ₹275.98Cr (▲5.59% YoY), PAT ₹130.23Cr vs ₹110.02Cr (▲18.37% YoY). EBITDA Margin 11.41% vs 12.14% (▼73bps).
Financials
Positive
2026-05-24 19:59
Consolidated Revenue ₹2,552.83 Cr vs ₹2,274.35 Cr (▲12.24% YoY), EBITDA ₹291.40 Cr vs ₹275.98 Cr (▲5.59% YoY), PAT ₹130.23 Cr vs ₹110.02 Cr (▲18.37% YoY). EBITDA Margin 11.41% vs 12.13% (▼72bps). Additionally, a final dividend of Rs. 0.55 per equity share was recommended and a fundraise of up to INR 20,000 Cr via Qualified Institutions Placement (QIP) was approved.
Business Update
Neutral
2026-05-23 23:04
Belrise Industries Limited informed the exchanges about a scheduled meeting with analysts/institutional investors on May 28, 2026, from 10:00 AM to 5:00 PM. The 1x1/Group meeting will be organized by 360 ONE Capital (B&K) at Grand Hyatt, Mumbai. The company clarified that no unpublished price sensitive information would be shared.
Business Update
Neutral
2026-05-21 22:40
Belrise Industries Limited informed the exchanges about a schedule of analysts/institutional investor meetings to be held on May 26, 2026. The company officials will participate in a 1x1/Group Meeting organized by Ambit Capital in Lower Parel, Mumbai. The discussions will be based solely on publicly available information, and no unpublished price sensitive information (UPSI) will be shared.
Business Update
Neutral
2026-05-20 22:08
Belrise Industries announced an Earnings Conference Call with analysts and investors on Monday, May 25, 2026, at 11:00 a.m. (IST). The call is scheduled to discuss the Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026, following a Board meeting on May 24, 2026. Key management personnel, including the MD, President Strategy, CFO, and CMO, will participate.