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Belrise Industries Ltd

Q1 FY26Auto Components

Belrise Industries Q1 FY26 earnings call: Revenue & Margins

Q1 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹232
Market cap₹23.4K Cr
P/E48.4
Updated23 Aug 2026
Read5 min read

The short version

Future growth expectations for Belrise Industries Limited are as follows: - Aim to double revenue in the four-wheeler and commercial vehicle segments over the next 2 to 2.5 years. Belrise Industries aims to increase Return on Capital Employed (ROCE) from mid-teens to high-teens by focusing on projects with higher Return on New Invested Capital (RONIC), especially the new Pune long members facility.

From Belrise Industries Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Future growth expectations for Belrise Industries Limited are as follows: - Aim to double revenue in the four-wheeler and commercial vehicle segments over the next 2 to 2.5 years. - Focus on increasing capacity utilization from the current 65% to 70-75% within the next two years. - Expansion and new facility setups in Pune, Bhiwadi, and Chennai to support future growth. - Growth driven by increasing content per vehicle in two-wheelers from INR12,500 to INR17,300 via proprietary products. - Cross-selling products to new OEMs, including a top EV two-wheeler player. - Increase exports as reflected in recent order wins for luxury European OEMs. - Transition from Tier 1 supplier to Tier 0.5 (system supplier) to deepen OEM relationships and increase value addition.

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Profitability & Margins

See what Belrise Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Belrise Industries plans a capex of INR 800 crores over the next two years, roughly INR 400 crores per year, primarily funded through internal accruals.
  • This capex will focus on expanding capacity, especially in the four-wheeler and commercial vehicle segments to double revenue in 2–2.5 years.
  • Investments include setting up new facilities, including Pune, Bhiwadi, and Chennai plants, with Bhiwadi becoming operational in Q2 FY26.
  • The Pune facility will focus on long members with higher RONIC, aiming to improve capacity utilization from current 65% to 70-75% in two years for better ROCE.

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Top-ranked in Auto Components

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 3
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 1
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Belrise Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The company has secured several new order wins across segments in Q1 FY26, including:
  • Started serial production of a patented combination braking system (CBS) for a top four electric two-wheeler OEM, supplying ~5,000 braking systems per month with expectations to increase.
  • Development and approval completed for chassis system of an upcoming electric three-wheeler from a leading two-wheeler OEM, with production expected from Q2 FY26.
  • Maiden entry into medium and heavy commercial vehicle segment with an order for long members from a leading Indian commercial vehicle OEM; a dedicated Pune plant is being set up to support this with ~60,000 long members capacity annually.
  • Received additional defense orders: an Indian defense OEM for armored vehicle platforms and first confirmed orders from two new defense OEMs (Indian and Israeli).

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Belrise Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.6K Cr, net profit ₹130 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Belrise Industries Ltd Q1 FY26 results?

Future growth expectations for Belrise Industries Limited are as follows: - Aim to double revenue in the four-wheeler and commercial vehicle segments over the next 2 to 2.5 years. Belrise Industries aims to increase Return on Capital Employed (ROCE) from mid-teens to high-teens by focusing on projects with higher Return on New Invested Capital (RONIC), especially the new Pune long members facility.

What is Belrise Industries Ltd share price analysis?

Belrise Industries Ltd currently shows a neutral. The stock trades at a P/E of 48.4 with a market cap of ₹23,356 Cr. Investors should review the full earnings analysis for detailed insights.

Is Belrise Industries Ltd planning capital expenditure?

Belrise Industries plans a capex of INR 800 crores over the next two years, roughly INR 400 crores per year, primarily funded through internal accruals.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.