Subscribe

Belrise Industries Ltd. (BELRISE.NS)

INR235.01 +2.67 (+1.15%)
IN NSE Consumer Cyclical Auto - Parts
Address Cello Platina 411005
Pune, IN
CEO Shrikant Shankar Badve
IPO 2025-05-28
ISIN INE894V01022

Explore sections of this company profile

Also trades on Bombay Stock Exchange · BELRISE.BO (INR) National Stock Exchange of India · BELRISE.NS (INR)
Description

Belrise Industries Limited, operating with its subsidiaries, is a prominent manufacturer and supplier of a diverse array of automotive parts and components. The company's products cater to two-wheelers, three-wheelers, and four-wheel passenger and commercial vehicles throughout India. Its extensive product portfolio spans critical vehicle systems, including shock absorber springs and units, steering columns, chassis, front fork assemblies, and exhaust systems. Belrise also produces a wide range of plastic and seating components, such as cowls, side dashboards, front fenders, and seating system parts. Further offerings include specialized items like hub motors, BIW parts, footrests, brake pedals, main and side stands, cross car beams, battery containers, and bumpers. The company's manufacturing prowess extends to press parts, specific two-wheeler accessories like fairings, seat and side covers, luggage boxes, helmets, and headlight housings, alongside interior and exterior rearview mirrors. For powertrain and control, Belrise manufactures automotive systems comprising clutch and pressure plates, flywheels, control arms, crankshafts, housings, hubs, and calipers. It also provides tri hexavalent nickel chrome plating services for mild and stainless steel. Beyond its core automotive business, Belrise Industries has strategically diversified into other sectors. It produces polymer components for refrigerators, such as fruit and vegetable trays, handles, and bases, and contributes to renewable energy with solar panel components. The company also supplies parts for home appliances, including freezer grills, fridge baskets, and thermostat components, as well as home security devices like household locks and bolts. Notably, Belrise Industries also operates a rose plantation. The company's products are also exported internationally. Established in 1988 and headquartered in Pune, India, the company was formerly known as Badve Engineering Limited, undergoing a name change to Belrise Industries Limited in August 2022.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
INR235.01 +2.67 (+1.15%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
5M
Beta
0.51
Float Shares
203.69M
Free Float %
22.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.15% +2.39% +2.12% +17.20% +36.71% +17.23% +123.06% +123.06% +123.06% +123.06% +123.06%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
235.01
DCF (Unlevered) 82.82 -64.8%
DCF (Levered) 68.33 -70.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 5 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.18
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Auto - Parts: +7.8%
    +16.9% Q1'26: +13.7% (vs Q1'25)
  • EPS growth Auto - Parts: +18.0%
    +45.9% Q1'26: -9.5% (vs Q1'25)
  • FCF margin FCF growth · Auto - Parts: +53.1%
    +2.1% Q1'26: -7.7% (vs Q1'25)
  • EBIT margin Auto - Parts: +7.5%
    +9.4% Q1'26: +8.6% (vs Q1'25)
  • ROIC Auto - Parts: +6.4%
    +11.3% Q1'26: +11.1% (vs Q1'25)
  • Share dilution Auto - Parts: +0.0%
    -4.1% Q1'26: -4.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Auto - Parts: 0.27×
    1.32× Q1'26: 1.22× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.46) × ERP
WACC = 92% × Ke + 8% × Kd (15.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 84.42 Current price: 235.01
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2026
5 Rev. Ana.
3 EPS Ana.
Mar 2027
5 Rev. Ana.
4 EPS Ana.
Mar 2028
5 Rev. Ana.
3 EPS Ana.
Mar 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
94.64B
93.68B – 96.01B
106.87B
104.80B – 108.20B
+12.9% YoY
121.82B
116.85B – 128.69B
+14.0% YoY
150.41B
145.77B – 155.81B
+23.5% YoY
EBITDA
12.80B
12.67B – 12.99B
14.46B
14.18B – 14.64B
+12.9% YoY
16.48B
15.81B – 17.41B
+14.0% YoY
20.34B
19.72B – 21.08B
+23.5% YoY
EBIT
8.68B
8.59B – 8.80B
9.80B
9.61B – 9.92B
+12.9% YoY
11.17B
10.72B – 11.80B
+14.0% YoY
13.79B
13.37B – 14.29B
+23.5% YoY
Net Income
4.94B
4.73B – 5.15B
6.87B
6.17B – 7.01B
+39.0% YoY
8.08B
7.96B – 8.20B
+17.6% YoY
9.31B
8.93B – 9.74B
+15.2% YoY
SGA
1.37B
1.35B – 1.39B
1.55B
1.52B – 1.56B
+12.9% YoY
1.76B
1.69B – 1.86B
+14.0% YoY
2.17B
2.11B – 2.25B
+23.5% YoY
EPS
5.74
5.54 – 6.04
7.68
7.22 – 8.21
+33.8% YoY
9.48
9.32 – 9.61
+23.4% YoY
10.90
10.46 – 11.41
+15.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 B+ 3/5 3/5 4/5 4/5 3/5 2/5 2/5
2026-05-25 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-22 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-21 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-18 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-15 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-14 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-13 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-12 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-11 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-08 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-07 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C- 1/5 2/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.61B
OE per share TTM
1.72
Owner's Yield
0.87%
Maintenance CapEx ratio
104.44%
Maint CapEx / Avg PPE
39.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.14M
Shares Outstanding
889.88M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Arun Kumar Mallik Group Chief Financial Officer and Vice President of Finance male
Atul Deshmukh Vice-President male
Manish Kumar Gupta Head of Legal, Company Secretary & Compliance Officer male
Nishikant Narharrao Joshi Operation Head & Vice President male
Rahul Shashikant Ganu Chief Financial Officer male
Raja Ram Tyagi Vice President & Operation Head male
Shrikant Shankar Badve MD, Chief Executive Officer & Director male
Sunil Govind Kulkarni Chief Marketing Officer & Vice President male
Supriya Shrikant Badve Whole Time Director female
Vijay Surendra Kasture Vice President male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits