BELRISE
Belrise Industries Limited
NSE BSELast Traded Price
₹217.5
-6.09 (-2.72%)
Open
₹222
High
₹223.7
Low
₹216.5
Prev Close
₹223.59
Industry
Auto Components & Equipments
Market Cap
21031.69 Cr
Filing History
Recent corporate announcements and filings for BELRISE
Business Update
Neutral
2026-11-07 20:29
Concall Schedule
Concall Date: Monday, November 16, 2026
Concall Time: 09:30 a.m. (IST)
Business Update
Neutral
2026-11-07 20:22
Concall Schedule
Concall Date: Monday, November 16, 2026
Concall Time: 09:30 a.m. (IST)
Governance
Neutral
2026-11-07 15:25
- Board meeting scheduled on Friday, November 13, 2026.
- Agenda: Consider and approve Unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
Business Update
Positive
2026-11-02 20:49
Belrise Industries Limited entered into a License and Technical Assistance Agreement with Yamato Co., Ltd., Japan.
- The agreement grants Belrise a license to manufacture and sell air filters, oil filters, and resin air intake manifold products for Indian Automotive and Industrial OEMs.
- Yamato will provide technical assistance on design, development, testing, and manufacturing.
- Consideration includes Royalty and Technical Assistance Fees.
Business Update
Positive
2026-11-02 20:48
- Belrise Industries Ltd entered into a License and Technical Assistance Agreement with Japan-based Yamato Co., Ltd.
- Agreement covers design, development, testing, and manufacturing support for air filters, oil filters, and resin air intake manifold products for Indian Automotive and Industrial OEMs.
- Consideration includes royalty and technical assistance fees payable by Belrise to Yamato.
Routine
Neutral
2026-10-30 17:47
- Belrise Industries received a GST order dated October 29, 2026, from the Assistant Commissioner (ST), Tamil Nadu.
- Total demand confirmed is Rs. 1,51,026 including tax of Rs. 18,626, interest of Rs. 1,12,400, and penalty of Rs. 20,000 for FY 2023-24.
- The order relates to alleged ineligible availment of Input Tax Credit.
- The company stated there is no material impact on operations and is evaluating legal remedies.
Routine
Neutral
2026-10-30 17:32
- Received GST order from Assistant Commissioner (ST), Tamil Nadu for FY 2023-24.
- Demand confirmed includes tax of ₹18,626, interest of ₹1,12,400, and penalty of ₹20,000, aggregating to ₹1,51,026.
- No material impact on the operations or business activities of the company.
- The company is evaluating appropriate legal remedies, including filing an appeal.
Governance
Neutral
2026-10-01 12:47
- Belrise Industries Limited announced that members at the Annual General Meeting held on September 30, 2026, approved an increase in the Authorized Share Capital.
- The Authorized Share Capital is increased and the Memorandum of Association was altered to INR 550,00,00,000 divided into 110,00,00,000 equity shares of face value INR 5 each.
Governance
Neutral
2026-10-01 12:42
- Belrise Industries Ltd has appointed M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. as Joint Statutory Auditors.
- Appointment approved at the 30th AGM held on September 30, 2026, for a first term of 5 consecutive years until the 35th AGM (FY 2031-32).
- The change is due to the expiration of the term of the previous statutory auditor, M/s. GSA & Associates LLP.
Governance
Neutral
2026-10-01 12:39
- Members of Belrise Industries Limited approved an increase in the Authorized Share Capital at the Annual General Meeting held on September 30, 2026.
- The Authorized Share Capital has been increased to INR 550,00,00,000 divided into 110,00,00,000 equity shares of face value INR 5 each.
- Consequent alteration was made to Clause V of the Memorandum of Association of the Company.
Governance
Neutral
2026-10-01 12:37
Belrise Industries Limited held its 30th Annual General Meeting (AGM) on September 30, 2026, at Chh. Sambhajinagar, Maharashtra. All six ordinary resolutions, including the adoption of standalone and consolidated financial statements for FY 2025-26, re-appointment of directors, declaration of dividend, appointment of joint statutory auditors, remuneration of the cost auditor, and increase in authorized share capital, were successfully passed with the requisite majority as per the scrutinizer's report.
Governance
Neutral
2026-10-01 12:34
- Belrise Industries Limited announced the appointment of new Joint Statutory Auditors.
- Shareholders approved the appointment at the 30th Annual General Meeting held on September 30, 2026.
- M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. were appointed for a first term of 5 consecutive years from the conclusion of the 30th AGM till the 35th AGM.
- The change is due to the expiry of the term of the previous statutory auditor, M/s. GSA & Associates LLP.
Governance
Neutral
2026-09-30 21:05
- Belrise Industries Limited held its 30th Annual General Meeting (AGM) on September 30, 2026, at Chhatrapati Sambhajinagar, Maharashtra.
- Six resolutions were transacted, including adoption of standalone and consolidated financial statements, re-appointment of Mrs. Supriya Badve, declaration of final dividend, appointment of joint statutory auditors, ratification of cost auditor remuneration, and increase in authorized share capital.
- Remote e-voting was provided to shareholders between September 27 and September 29, 2026, alongside facility to vote during the AGM.
Routine
Neutral
2026-09-28 13:22
- Trading window for dealing in company securities will remain closed from October 1, 2026.
- Closure applies to all Designated Persons and connected persons for Q2/H1 FY27 financial results approval.
- Reopens 48 hours after the conclusion of the Board Meeting.
Routine
Neutral
2026-09-28 12:41
- Trading window closure for Designated Persons from October 1, 2026.
- Pertains to approval of Unaudited Financial Results for the quarter and half-year ending September 30, 2026.
- Window to reopen 48 hours after the conclusion of the board meeting.
Business Update
Neutral
2026-09-09 20:30
- Investor Meeting Schedule
- Meeting Date: September 16, 2026
- Meeting Time: 10:00 AM to 6:00 PM
- Organized by: Jefferies
- Venue: Gurugram
- Nature of Meeting: 1x1/ Group Meeting
Business Update
Neutral
2026-09-09 20:22
- Concall Schedule
- Concall Date: September 16, 2026
- Concall Time: 10:00 AM to 6:00 PM
Routine
Positive
2026-09-08 23:08
- Submission of Business Responsibility and Sustainability Report for the Financial Year 2025-26 as per Regulation 34 of SEBI LODR, 2015.
- Belrise Industries is committed to ESG, targeting 40% of energy from renewable sources by FY 2028-29.
- The company reported zero stakeholder complaints/grievances for FY 2025-26 and PY 2024-25.
Governance
Positive
2026-09-08 22:43
- 30th Annual General Meeting (AGM) to be held on September 30, 2026.
- Board recommended a final dividend of INR 0.55 (11%) per equity share for FY 2025-26, subject to shareholder approval.
- Record date for dividend is September 15, 2026, with payment by October 29, 2026.
- Proposal to increase Authorized Share Capital from ₹500 Cr to ₹550 Cr.
Governance
Positive
2026-09-08 22:33
- The 30th Annual General Meeting (AGM) is scheduled for Wednesday, September 30, 2026, at 12:30 p.m. IST.
- A final dividend of INR 0.55 (11%) per equity share for the Financial Year 2025-26 has been recommended.
- The record date for determining dividend entitlement is September 15, 2026, with payment on or before October 29, 2026.
- Key agenda items include adoption of financial statements, re-appointment of a director, appointment of statutory auditors, and increasing authorized share capital from INR 500 Cr to INR 550 Cr.
Governance
Neutral
2026-09-08 18:51
- Belrise Industries announced a change in Statutory Auditors. The term of existing auditors, M/s. GSA & Associates LLP, is expiring.
- M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. have been recommended as Joint Statutory Auditors for a 5-year term from FY 2026-27 to FY 2030-31, subject to shareholder approval.
Governance
Neutral
2026-09-08 18:47
- The term of existing Statutory Auditors, M/s. GSA & Associates LLP, is expiring at the ensuing Annual General Meeting. - The Board of Directors has recommended appointing M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. as Joint Statutory Auditors for a 5-year term, from FY 2026-27 to FY 2030-31, subject to shareholder approval.
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
Neutral
2026-08-27 15:21
- Concall Schedule
- Meeting Date: September 8, 2026
- Meeting 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.
Business Update
Positive
2026-08-21 18:25
- Q1 FY27 financial performance: Total Revenue up 13% YoY to INR25,465 Mn, Manufacturing Revenue up 20% YoY to INR21,979 Mn, EBITDA up 5% YoY to INR2,933 Mn (margin 11.5%), PAT up 9% YoY to INR1,217 Mn.
- Outlook on margins and costs: Cost pressures (commodity, staff, energy, transportation) are largely behind; pass-through expected to ensure broadly stable EBITDA margins compared to FY26.
- Fund utilization: INR17,000 Mn capital raise to be deployed this fiscal year for inorganic growth in aerospace, 4-wheeler & CV segments, and organic growth.
- Guidance: Expect mid-teens revenue growth with stable EBITDA margins for the overall business. Aerospace and defense segment targeted to reach 10% of manufacturing revenue in the medium term.
- Order Wins: Secured new order for chassis system from a fast-growing two/three-wheeler OEM (annual revenue >INR650 Mn), and a renewable energy sector order for solar tracker assemblies (annual revenue >INR1,500 Mn at peak volumes).
- Other Significant Wins: Secured orders for suspension systems from a new Vietnamese 2W OEM, brake assemblies for a 3W OEM, 59 EV model assemblies for an Indian 4W EV OEM, and a 2W chassis order (~INR500 Mn annual revenue).
- Acquisition: Acquired Hyva India's tipper business, enhancing commercial vehicle portfolio and transitioning to a Tier 0.5 systems supplier (completion expected Q3 FY27).
- Strategic Capabilities: 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.
Financials
Positive
2026-08-20 14:07
- Board of Directors recommended a final dividend of Rs. 0.55 (11%) per equity share for the financial year ended March 31, 2026.
- The dividend is subject to approval by shareholders 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.
Business Update
Neutral
2026-08-17 18:32
- Audio recording of the earnings call held on August 17, 2026, discussing the unaudited financial results for the quarter ended June 30, 2026, is now available on Belrise Industries' website.
Financials
Positive
2026-08-14 19:54
- Q1 FY27 Consolidated Revenue ₹2,546.47Cr vs ₹2,262.21Cr (▲12.57% YoY)
- EBITDA ₹293.26Cr vs ₹280.52Cr (▲4.54% YoY)
- PAT ₹121.67Cr vs ₹111.68Cr (▲8.94% YoY)
- EBITDA Margin 11.52% vs 12.40% (▼88bps)
- Board recommended a final dividend of Rs. 0.55 per equity share (11% on face value of Rs. 5) for FY26 on equity shares issued under QIP.
- Approved an increase in authorized share capital from ₹500 Cr to ₹550 Cr.
Financials
Positive
2026-08-14 19:48
- Q1 FY27 Consolidated Revenue ₹2,546.47Cr vs ₹2,262.21Cr (▲13% YoY)
- EBITDA ₹311.65Cr vs ₹309.58Cr (▲1% YoY)
- PAT ₹121.67Cr vs ₹111.68Cr (▲9% YoY)
- EBITDA Margin 12.24% vs 13.68% (▼144bps)
- Board recommended a final dividend of ₹0.55 per equity share for FY ending March 31, 2026.
- Authorized share capital increased from ₹500 Cr to ₹550 Cr.
- Completed a Qualified Institutions Placement (QIP) raising ₹1,700 Cr.
- Approved amalgamation schemes for H-One India Pvt Ltd and for Badve Autocomps/Eximius Infra Tech.
- Acquired India Tipper Body Business of Hyva (India) Private Limited for approx. USD 5.65 million.
- Subsidiary Belrise UK Holdings Limited acquired Chester Hall Precision Engineering Holdings Limited for £13.20 million.
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 19:21
- Q1 FY27 Consolidated Revenue ₹2,546.47Cr vs ₹2,262.21Cr (▲12.57% YoY)
- EBITDA ₹293.26Cr vs ₹280.52Cr (▲4.54% YoY)
- PAT ₹121.67Cr vs ₹111.68Cr (▲8.94% YoY)
- EBITDA Margin 11.52% vs 12.40% (▼88bps)
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)
Financials
Positive
2026-08-14 19:10
- Q1 FY27 Revenue from Operations ₹2,546.47Cr vs ₹2,262.21Cr (▲13% YoY)
- EBITDA ₹293.26Cr vs ₹280.52Cr (▲5% YoY)
- PAT ₹121.67Cr vs ₹111.68Cr (▲9% YoY)
- EBITDA Margin 11.5% vs 12.4% (▼90bps)
Financials
Positive
2026-08-14 19:10
- Q1 FY27 Consolidated Revenue ₹25,464.7 Mn vs ₹22,622.1 Mn (▲12.6% YoY)
- EBITDA ₹2,932.6 Mn vs ₹2,805.2 Mn (▲4.5% YoY)
- PAT ₹1,216.7 Mn vs ₹1,116.8 Mn (▲8.9% YoY)
- EBITDA Margin 11.5% vs 12.4% (▼90bps)
Financials
Positive
2026-08-14 19:00
- Q1 FY27 Consolidated Revenue ₹2,564.86Cr vs ₹2,291.26Cr (▲12% YoY)
- EBITDA ₹293.26Cr vs ₹280.52Cr (▲5% YoY)
- PAT ₹121.67Cr vs ₹111.68Cr (▲9% YoY)
- EBITDA Margin 11.43% vs 12.24% (▼81bps)
- Board recommended a final dividend of ₹0.55 per equity share for FY 2026.
- Approved an increase in authorized share capital from ₹500 Cr to ₹550 Cr.
- Completed a Qualified Institutions Placement (QIP) of ₹1,700 Cr.
- Acquired India Tipper Body Business of Hyva (India) Private Limited for approx USD 5.65 million.
- Subsidiary Belrise UK Holdings Limited acquired Chester Hall Precision Engineering Holdings Limited for £13.20 million.
Financials
Positive
2026-08-14 18:50
- Q1 FY27 Consolidated Revenue ₹2,546.47 Cr vs ₹2,262.21 Cr (▲12.6% YoY)
- EBITDA ₹293.26 Cr vs ₹280.52 Cr (▲4.5% YoY)
- PAT ₹121.67 Cr vs ₹111.68 Cr (▲8.9% YoY)
- EBITDA Margin 11.52% vs 12.40% (▼88bps)
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
Neutral
2026-08-12 13:27
- Concall Schedule
- Concall Date: August 17, 2026
- Concall Time: 11:00 a.m. (IST)
Governance
Positive
2026-08-09 14:20
- Board meeting scheduled on August 14, 2026.
- Agenda includes unaudited financial results for Q1 FY27 (June 30, 2026), increasing authorized share capital, and recommending a Final Dividend for FY26.
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.
Business Update
Positive
2026-08-04 13:38
- Belrise Industries acquired the India Tipper Body Business from Hyva (India) Pvt. Ltd. for approximately USD 5.65 million.
- This acquisition strengthens Belrise's position as a Tier-0.5 supplier and expands its commercial vehicle segment capabilities.
- The acquired business delivered an EBITDA of approximately USD 1.57 million for CY2025 with a 20% ROACE.
Business Update
Positive
2026-08-04 13:27
- Belrise Industries Limited has acquired the India Tipper body business from Hyva (India) Pvt. Ltd., a subsidiary of JOST Werke SE.
- The acquisition was executed 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.
Ownership
Positive
2026-07-17 23:06
- Allotment of 7,72,72,727 Equity Shares via Qualified Institutions Placement (QIP) on July 17, 2026.
- Issue price: ₹220.00 per share (including a premium of ₹215), representing a 4.68% discount from the floor price.
- Total capital raised: ₹17,000 million.
- Paid-up equity 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.
Ownership
Positive
2026-07-17 20:57
- Closure of Qualified Institutions Placement (QIP) on July 17, 2026.
- Allocation of 7,72,72,727 equity shares to eligible Qualified Institutional Buyers (QIBs).
- Issue price fixed at ₹220.00 per share, including a premium of ₹215.00, representing a 4.68% discount to the floor price.
Routine
Neutral
2026-07-14 19:20
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 19:14
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 11:39
New Filing detected. See link for details.
Routine
Neutral
2026-07-14 11:32
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.
Business Update
Positive
2026-07-04 11:31
- Belrise Industries Limited received 'no adverse observations' from BSE and NSE for its Scheme of Amalgamation (Merger by Absorption) involving Badve Autocomps Private Limited and Eximius Infra Tech Solutions Private Limited.
- This allows the Company to proceed with filing the scheme with the National Company Law Tribunal (NCLT).
- The observation letter is valid for six months from July 03, 2026.
Governance
Positive
2026-07-02 16:57
- The E-Voting results for the Postal Ballot (Notice dated May 29, 2026) have been declared.
- Members approved a Special Resolution to raise funds up to INR 20,000 million.
- Funds will be raised via issuance of equity shares or other equity-linked instruments through a Qualified Institutions Placement (QIP).
- The resolution was passed with a requisite majority of 99.8178% votes in favour.
Governance
Positive
2026-07-02 16:56
- Belrise Industries Limited announced the results of its Postal Ballot. Shareholders approved a special resolution to raise funds up to INR 20,000 million through a Qualified Institutions Placement (QIP), with 99.8178% majority.
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.
Business Update
Neutral
2026-06-30 18:37
- Belrise Industries Limited issued a Corporate Guarantee to Standard Chartered Bank on June 30, 2026.
- The guarantee is for an amount up to EUR 2.75 Million, supporting 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.
Routine
Neutral
2026-06-29 15:34
- Intimation of trading window closure from July 1, 2026, until 48 hours after the board meeting.
- The closure is for the approval of Unaudited Financial Results (Standalone and Consolidated) for the quarter ending June 30, 2026.
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 19:36
- Belrise Industries has authorized Key Managerial Personnel (KMPs), Mr. Rahul Ganu (CFO) and Mr. Siddhesh Mandke (Company Secretary & Compliance Officer), to determine materiality of events and make disclosures to stock exchanges under SEBI Regulation 30(5).
Governance
Neutral
2026-06-14 19:31
- Appointment of Mr. Siddhesh Mandke as Company Secretary & Compliance Officer (KMP) and Head of Legal of the Company, effective June 14, 2026.
Governance
Neutral
2026-06-14 19:09
- Belrise Industries Limited announced the appointment of Mr. Siddhesh Mandke as the Company Secretary & Compliance Officer (KMP) and Head of Legal, effective June 14, 2026. He brings 20 years of experience.
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.
Governance
Negative
2026-06-12 23:51
CRITICAL RED FLAG DETECTED
- Mr. Manish Kumar, Head of Legal, Company Secretary & Compliance Officer (KMP) of Belrise Industries Limited, has resigned.
- Resignation is effective from the close of business hours on June 12, 2026, citing family and personal circumstances.
Business Update
Neutral
2026-06-10 14:33
- Belrise Industries responded to BSE's query regarding a significant increase in trading volume of its securities.
- The company confirmed having no undisclosed material information or events that would require disclosure and attribute the movement to market-driven factors.
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
Neutral
2026-06-09 10:55
- Investor Meeting Schedule
- Meeting Date: June 12, 2026
- Meeting Time: 9:00 AM to 6:00 PM
- Meeting Type: 1x1/Group Meeting organized by Jefferies India in London.
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.
Business Update
Positive
2026-06-01 20:20
- Declared a final dividend of INR0.55 per share for FY26.
- Secured significant new orders, including a peak annual revenue of ₹90 Cr from a fast-growing two/three-wheeler OEM and ₹220 Cr from a large Japanese two-wheeler OEM.
- Strengthened aerospace & defense capabilities through acquisitions of SDM (France) and Chester Hall (UK); expects Belrise SDM to be EBITDA positive in 2027.
- Targets the aerospace & defense segment to contribute upwards of 10% to revenues in 4-5 years.
- Expects to continue delivering mid-teens revenue growth and broadly stable EBITDA margins, with capex in the range of 6-6.5% of manufacturing revenue.
- Board approved the merger of two group entities and an enabling resolution for a QIP of INR2,000 crores.
Routine
Negative
2026-05-30 19:32
CRITICAL RED FLAG DETECTED
Belrise Industries Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report highlights several non-compliances, including the company's inability to appoint an Independent Director for its material Dubai subsidiary, delayed submission of the Annual Report for FY 2024-25 which led to a regulatory fine by stock exchanges, and failure to properly maintain the Structured Digital Database (SDD) and comply with SEBI (Prohibition of Insider Trading) Regulations, 2015.
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
Positive
2026-05-29 20:40
Belrise Industries Limited announced a Postal Ballot Notice to seek shareholder approval for raising funds up to INR 20,000 million (₹2,000 Crores) through a Qualified Institutions Placement (QIP) of equity shares or equity-linked instruments. The funds are intended to support growth plans, including investments in subsidiaries, joint ventures, product portfolio expansion, market entry, strategic acquisitions, and to strengthen the company's balance sheet. E-voting will be from June 1 to June 30, 2026, with results 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.
Business Update
Neutral
2026-05-25 15:04
Belrise Industries announced the audio recording of its earnings call, held on Monday, May 25, 2026, at 11:00 am (IST), is now available on the Company's website. The call discussed the audited financial results for the quarter and financial year ended March 31, 2026.
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).
Financials
Positive
2026-05-25 12:44
Consolidated Revenue from Operations was ₹25,528.30 million vs ₹22,743.48 million (▲12.24% YoY), EBITDA was ₹2,901.29 million vs ₹2,759.79 million (▲5.13% YoY), and PAT was ₹1,289.53 million vs ₹1,100.17 million (▲17.21% YoY) for the quarter ended March 31, 2026. EBITDA Margin was 11.36% vs 12.10% (▼74bps).
Financials
Positive
2026-05-24 21:24
Consolidated Revenue ₹2,552.83Cr vs ₹2,274.35Cr (▲12.24% YoY), EBITDA ₹290.13Cr vs ₹275.98Cr (▲5.13% YoY), PAT ₹130.23Cr vs ₹110.02Cr (▲18.37% YoY). EBITDA Margin 11.36% vs 12.13% (▼77bps). The Board also recommended a final dividend of Rs. 0.55 per equity share and approved raising funds up to INR 20,000.00 Million through Qualified Institutions Placement (QIP).
Business Update
Positive
2026-05-24 21:04
Belrise Industries Limited's Board of Directors, at a meeting on May 24, 2026, approved raising funds up to INR 20,000.00 Million. The fundraising will be through the issuance of equity shares or other equity-linked instruments via a Qualified Institutions Placement (QIP), subject to shareholder and regulatory approvals.
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 20:16
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% (▼70 bps).
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.
Financials
Positive
2026-05-24 19:53
Consolidated Revenue ₹2,552.83 Cr vs ₹2,274.35 Cr (▲12.24% YoY), EBITDA ₹311.51 Cr vs ₹286.27 Cr (▲8.81% YoY), PAT ₹130.23 Cr vs ₹110.02 Cr (▲18.37% YoY). EBITDA Margin 12.20% vs 12.59% (▼39bps). The Board also recommended a final dividend of Rs. 0.55 per equity share and approved raising funds up to INR 20,000.00 Million via QIP.
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
2026-05-23 22:58
Belrise Industries Limited has intimated the schedule of analysts/institutional investor meetings on May 28, 2026. Company officials will attend 1x1/group meetings organized by 360 ONE Capital (B&K) at Grand Hyatt, Mumbai. The discussions will be based solely on publicly available information, with no unpublished price sensitive information proposed to 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.