Belding India Share Price & Earnings Call Analysis

₹777.85-1.43% today
Market cap
₹1,126 Cr
ROE
-1.14%
Price to sales
4504.96
Debt to equity
0.04
52W high / low
₹2,362 / ₹789
EBITDA margin
-1832.00%
Net profit margin
-20000.00%
Promoter holding
55.78%
Sales (last year)
₹0 Cr

Belding India Ltd (formerly Synthiko Foils Ltd) is a Pune-based engineering and technology group focused on data-centre EPC/modular infrastructure, battery energy storage systems, precision/OEM manufacturing, defence solutions and X-ray security screening. [1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

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Financials of Belding India

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Belding India

Quarterly Results

Quarter-by-quarter operating performance

Mar 2011Mar 2012Dec 2024Mar 2025Sep 2025Dec 2025Mar 2026
Sales +2.823.314.990.000.000.000.03
Expenses +2.693.054.900.000.220.74-0.15
Operating Profit0.130.260.090.00-0.22-0.740.18
OPM %4.61%7.85%1.80%600.00%
Other Income +0.100.000.00-0.130.090.335.35
Interest0.110.180.010.000.000.261.03
Depreciation0.050.040.030.000.000.601.51
Profit before tax0.070.040.05-0.13-0.13-1.272.99
Tax %0.00%0.00%40.00%0.00%-92.31%-3.94%255.52%
Net Profit +0.060.030.03-0.13-0.02-1.22-4.65
EPS in Rs0.750.380.33-1.44-0.22-0.84-3.21

Financials of Belding India

Profit & Loss

Annual income statement trend

Mar 2025Mar 2026
Sales +21.160.03
Expenses +20.620.81
Operating Profit0.54-0.78
OPM %2.55%-2,600.00%
Other Income +0.008.22
Interest0.081.29
Depreciation0.132.10
Profit before tax0.334.05
Tax %24.24%187.41%
Net Profit +0.24-3.55
EPS in Rs2.67-2.45
Dividend Payout %0.00%0.00%

Financials of Belding India

Balance Sheet

Capital structure and asset base

Mar 2025Mar 2026
Equity Capital0.8714.48
Reserves5.391,034.88
Borrowings +0.0038.40
Other Liabilities +0.3855.98
Total Liabilities6.641,143.74
Fixed Assets +1.04650.79
CWIP0.00195.89
Investments0.000.10
Other Assets +5.60296.96
Total Assets6.641,143.74

Financials of Belding India

Cash Flows

Operating, investing and financing cash movement

Mar 2025Mar 2026
Cash from Operating Activity +2.3635.96
Cash from Investing Activity +-0.02-1,091.40
Cash from Financing Activity +-1.661,055.84
Net Cash Flow0.680.40
Free Cash Flow2.34-23.67
CFO/OP439%-4,683%

Financials of Belding India

Ratios

Working capital efficiency and return ratios

Mar 2025Mar 2026
Debtor Days49.3341,853.33
Inventory Days39.27
Days Payable1.03
Cash Conversion Cycle87.5741,853.33
Working Capital Days82.28629,381.67
ROCE %0.53%
12out of 100

Momentum score · price trend

12 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−27.1%27%
Last 6 months−32.9%6%
Last 3 months−5.6%57%

The price is 59.7% below its all-time high of ₹2,362.1 (11 Feb 2026). Stocks more than 20% below their peak have their score halved, so 24 became 12.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Belding India: 0.4 × 27 + 0.4 × 6 + 0.2 × 57 = 24, halved to 12 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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