ALFA Finder| Revenue growth | Q2 +17%, H1 +15% revenue from operations |
|---|---|
| Margins | Q2 EBITDA margin 12.0%, down 60 bps YoY |
| Order book | New orders disclosed; no order book value given |
| Demand visibility | Wins across 2W/3W, CV, PV; SOPs Q3 FY27–Q1 FY28 |
Growth
Q2 revenue from operations +17%, H1 +15%. Adj PAT +25% in Q2, +18% in H1. Trading revenue down 18% in Q2.
Outlook
No numeric forward guidance given. Four new plants reach SOP Q3 FY27–Q1 FY28; ~₹12,000 Mn unutilised QIP cash to deploy.
Risks
EBITDA margin down 60 bps YoY to 12.0%. H1 working capital outflow ₹2,021 Mn; depreciation up 19% in Q2.
Last quarter's promises, checked
Delivered
- Guided mid-teens revenue growth → H1 +15%, Q2 +17% (= BEAT)
Partly delivered
- Guided significant majority of ₹17,000 Mn QIP deployed in FY27 → ~₹12,000 Mn still unutilised (= PARTIAL)
- Guided SOP Q4 FY27 for solar and Bangalore chassis → now Q3 FY27–Q1 FY28 (= PARTIAL)
Missed
- Guided EBITDA margin broadly stable vs FY26 → Q2 12.0%, down 60bps YoY; FY26 base not in data (= MISS)
- Guided trading business to grow → Q2 trading revenue down 18% (= MISS)
Investor Presentation filed with BSE, NSE: BELRISE. Summary written with AI assistance from the document.
Belrise Industries Ltd: key numbers
- Share price
- ₹215.35
- Market cap
- ₹20,828 Cr
- Revenue (annual)
- ₹9,509 Cr
- Net profit (annual)
- ₹496.9 Cr
- P/E (TTM)
- 41.1×Sector 32.4×
- 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 Merger & Restructuring
Belrise Industries' board approved a Section 8 SPV for ITI upgradation under PM SETU, with a 51% stake. Cash subscription at face value of Rs 10 per share.
Belrise Industries Acquisition
Belrise Industries' board approved amalgamating its wholly owned subsidiary H-One India into the company under Sections 230–232. It also rescinded the scheme approved in November 2025.
Belrise Industries Results Update
Belrise Industries reported Q2 FY27 adjusted PAT growth of 25% YoY and manufacturing revenue up 26%. Diversification into electronics, aerospace and technology partnerships was highlighted.
Belrise Industries Q2 FY27 Results: Net Profit ₹166.5 Cr, Up 25.2% YoY
Belrise Industries Ltd reported revenue from operations of ₹2,746 Cr (+16.7% YoY) and net profit of ₹166.5 Cr (+25.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹166.5 Cr · +25.2% YoY
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.