ALFA Finder| Revenue growth | 12.6% YoY consolidated; 20% YoY in manufacturing revenue. |
|---|---|
| Margins | EBITDA margin 11.5%; Gross profit margin improved 60 bps to 20%. |
| Order book | New 4W EV program won for 59 assemblies; 2.5GW solar tracker. |
| Demand visibility | Strong; secured new chassis and brake orders for Q4 FY27. |
| Management confidence | High; expanding into high-growth defense and renewable energy verticals. |
Growth
Revenue grew 12.6% YoY to ₹25,465 Mn; PAT increased 8.9% YoY to ₹1,216.7 Mn.
Outlook
Acquisition of Hyva India's tipper business (completion Q3 FY27) and expansion into solar tracker assemblies (2.5 GW annually).
Risks
EBITDA margin contracted 90 bps YoY to 11.5%, primarily due to higher employee and other costs.
Last quarter's promises, checked
Delivered
- Mid-teens revenue growth → delivered 12% (15% for FY26) (= BEAT)
- Stable EBITDA margins → delivered 12.1% for FY26 (= BEAT)
- Double 4W/CV business in 2 years → delivered 37% 4W & 35% CV growth (= BEAT)
Partly delivered
- Capex 6% to 6.5% of manufacturing revenue → delivered 6.5% (= BEAT)
- Aerospace revenue contribution 10%+ → currently in nascent acquisition phase (= PARTIAL)
Missed
- EBITDA margins to remain stable → delivered 11.5% (down 90 bps) (= MISS)
Investor Presentation filed with BSE, NSE: BELRISE. Summary written with AI assistance from the document.
Belrise Industries Ltd: key numbers
- Share price
- ₹216.40
- Market cap
- ₹20,929 Cr
- Revenue (annual)
- ₹9,509 Cr
- Net profit (annual)
- ₹496.9 Cr
- P/E (TTM)
- 41.3×Sector 32.5×
- Promoter holding
- 61.15%-5.31% QoQ
- FII holding
- 12.13%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Belrise Industries Ltd
All →Belrise Industries Board Meeting Date
Belrise Industries will hold a board meeting on November 13, 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. This is an advance intimation under Regulation 29.
Belrise Industries Partnership
Belrise Industries has signed a licence and technical assistance agreement with Japan's Yamato Co. for filter products. It grants Indian manufacturing rights, with royalty and fees payable.
Belrise Industries Legal & Regulatory
Belrise Industries received GST order demanding Rs.1,51,026 for FY 2023-24, including tax, interest and penalty. No material operational impact is expected, and an appeal is being evaluated.
- Value
- ₹0.02 Cr
Belrise Industries Other Announcement
Belrise Industries Ltd submitted its quarterly shareholding pattern filing for the period ended September 30, 2026, in compliance with regulatory disclosure requirements.
Belrise Industries Capital Structure Change
Belrise Industries Limited shareholders approved increasing the authorized share capital to Rs. 550 Crore. This change includes an alteration to the Capital Clause of the Memorandum of Association.
Belrise Industries Management Change
Belrise Industries Limited appointed M/s. Shailesh Haribhakti & Associates and M/s. Rathi Rathi and Co. as Joint Statutory Auditors for a five-year term starting FY 2026-27.
- Execution
- 5 years