Belrise Industries Ltd.
•₹ 231.77-0.99%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.11x)
- Company has delivered good sales growth of 15.2% CAGR over last 5 years
- Working capital cycle has improved - days down from 53 to 41
- Institutional investors have been accumulating - FII+DII up 5.5pp
- Company generates healthy free cash flow
CONS
- Promoter holding has decreased over last 2 years: -24.2pp
- Receivables are growing faster than sales - a possible quality concern
- Equity base is being diluted - shares outstanding up 1500.0%
- Company has delivered a poor profit growth of 8.6% over past five years
- Though reporting repeated profits, the company pays out little dividend (10.1%)
- Expensive relative to growth - PEG of 4.1
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | MOTHERSON | 170.35 | 41.05 | 179794.93 | 0.35 | 1075.66 | 77.48 | 35243.77 | 17.70 | 13.63 | 8.86 |
| 2. | BOSCHLTD | 48360.00 | 60.36 | 142643.14 | 0.56 | 706.10 | -36.74 | 5841.90 | 22.00 | 25.60 | 14.08 |
| 3. | UNOMINDA | 1275.00 | 61.24 | 73627.07 | 0.21 | 315.51 | 2.10 | 5556.85 | 23.79 | 20.74 | 11.14 |
| 4. | TIINDIA | 2936.45 | 93.72 | 56841.54 | 0.12 | 293.96 | -3.04 | 6215.33 | 20.20 | 27.33 | 8.81 |
| 5. | SONACOMS | 823.00 | 73.78 | 51346.20 | 0.41 | 178.51 | 46.67 | 1301.20 | 52.38 | 14.75 | 22.55 |
| 6. | ENDURANCE | 2987.10 | 43.32 | 42017.40 | 0.39 | 2445.20 | 980.27 | 43148.90 | 1200.10 | 18.33 | 12.42 |
| 7. | ZFCVINDIA | 2617.15 | 59.66 | 29784.61 | 0.03 | 1044.78 | 753.75 | 10661.76 | 992.89 | 20.23 | 12.93 |
| 8. | CRAFTSMAN | 10778.15 | 60.63 | 28189.64 | 0.10 | 150.55 | 116.31 | 2431.58 | 36.30 | 14.65 | 15.81 |
| 9. | MSUMI | 39.27 | 0.00 | 26042.54 | 1.48 | 1453.20 | 915.51 | 34072.60 | 1273.43 | 43.72 | 7.58 |
| 10. | GABRIEL | 1438.55 | 85.65 | 25495.42 | 0.35 | 1081.26 | 925.35 | 14256.83 | 1055.00 | 26.37 | 11.71 |
| 11. | SANSERA | 3894.75 | 69.76 | 24304.63 | 0.10 | 87.36 | 38.71 | 1021.26 | 33.27 | 13.97 | 19.18 |
| 12. | BELRISE | 233.00 | 44.46 | 22534.64 | 0.24 | 121.67 | 8.94 | 2546.47 | 12.57 | 14.53 | 11.52 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,526 | 1,781 | 2,069 | 2,167 | 2,274 | 2,262 | 2,354 | 2,341 | 2,553 | 2,546 | |
| 1,348 | 1,541 | 1,825 | 1,905 | 1,998 | 1,982 | 2,057 | 2,054 | 2,263 | 2,398 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — |
| Other Income | 16 | 9 | 13 | 29 | 10 | 29 | 27 | 34 | 20 | 18 |
| Interest | 69 | 77 | 89 | 77 | 64 | 80 | 56 | 50 | 46 | 46 |
| Depreciation | 89 | 83 | 81 | 83 | 83 | 90 | 87 | 93 | 92 | 99 |
| 25 | 89 | 86 | 131 | 139 | 140 | 181 | 171 | 174 | 166 | |
| Tax % | 35.33% | 19.79% | 15.24% | 22.95% | 21.05% | 19.95% | 26.40% | 28.71% | 25.37% | 26.87% |
| Net Profit | 0 | 0 | 0 | 0 | 110 | 112 | 133 | 122 | 130 | 122 |
| 0 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 2 | 0 | |
| Equity Capital | 326 | 326 | 326 | 326 | 326 | 445 | 445 | 445 | 445 | 445 |
| Reserves | 1,952 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 326 | 326 | 326 | 326 | 326 | 445 | 445 | 445 | 445 | 445 |
| Reserves | 1,952 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Mar 2024
- 1,526
- 1,348
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 69
- Depreciation
- 89
- 25
- Tax %
- 35.33%
- Net Profit
- 0
- 0
- Equity Capital
- 326
- Reserves
- 1,952
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 1,952
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,781
- 1,541
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 77
- Depreciation
- 83
- 89
- Tax %
- 19.79%
- Net Profit
- 0
- 1
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 2,069
- 1,825
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 89
- Depreciation
- 81
- 86
- Tax %
- 15.24%
- Net Profit
- 0
- 1
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,167
- 1,905
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 77
- Depreciation
- 83
- 131
- Tax %
- 22.95%
- Net Profit
- 0
- 2
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 2,274
- 1,998
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 64
- Depreciation
- 83
- 139
- Tax %
- 21.05%
- Net Profit
- 110
- 2
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2,262
- 1,982
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 80
- Depreciation
- 90
- 140
- Tax %
- 19.95%
- Net Profit
- 112
- 2
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 2,354
- 2,057
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 56
- Depreciation
- 87
- 181
- Tax %
- 26.40%
- Net Profit
- 133
- 2
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,341
- 2,054
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 50
- Depreciation
- 93
- 171
- Tax %
- 28.71%
- Net Profit
- 122
- 1
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,553
- 2,263
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 46
- Depreciation
- 92
- 174
- Tax %
- 25.37%
- Net Profit
- 130
- 2
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,546
- 2,398
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 46
- Depreciation
- 99
- 166
- Tax %
- 26.87%
- Net Profit
- 122
- 0
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,190 | 2,410 | 2,892 | 3,494 | 4,082 | 4,299 | 5,397 | 6,582 | 7,484 | 8,291 | 9,793 | |
| 1,911 | 2,102 | 2,557 | 3,092 | 3,533 | 3,714 | 4,642 | 5,707 | 6,556 | 7,270 | 8,772 | |
| Operating Profit | 285 | 350 | 472 | 506 | 580 | 604 | 769 | 914 | 1,000 | 1,083 | — |
| OPM % | 13 | 15 | 16 | 14 | 14 | 14 | 14 | 14 | 13 | 13 | — |
| Other Income | 6 | 42 | 136 | 103 | 31 | 19 | 14 | 38 | 71 | 62 | 99 |
| Interest | 79 | 110 | 111 | 146 | 163 | 197 | 216 | 250 | 290 | 307 | 198 |
| Depreciation | 58 | 76 | 120 | 138 | 178 | 206 | 246 | 307 | 321 | 330 | 370 |
| 148 | 162 | 240 | 221 | 239 | 201 | 307 | 357 | 376 | 446 | 693 | |
| Tax % | 35 | 27 | 15 | 21 | 2 | 10 | 15 | 12 | 17 | 20 | 27 |
| Net Profit | 96 | 119 | 204 | 175 | 235 | 181 | 262 | 314 | 314 | 355 | 507 |
| EPS | 49 | 60 | 103 | 88 | 103 | 86 | 4 | 154 | 5 | 5 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 10 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 2 | 3 | 3 | 4 | 3 | 4 | 5 | 5 | 5 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | -5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 2 | 3 | 3 | 4 | 3 | 4 | 5 | 5 | 5 | — |
Mar 2016
- 2,190
- 1,911
- Operating Profit
- 285
- OPM %
- 13
- Other Income
- 6
- Interest
- 79
- Depreciation
- 58
- 148
- Tax %
- 35
- Net Profit
- 96
- EPS
- 49
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -5
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- -5
- Adjusted EPS
- 1
Mar 2017
- 2,410
- 2,102
- Operating Profit
- 350
- OPM %
- 15
- Other Income
- 42
- Interest
- 110
- Depreciation
- 76
- 162
- Tax %
- 27
- Net Profit
- 119
- EPS
- 60
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 2,892
- 2,557
- Operating Profit
- 472
- OPM %
- 16
- Other Income
- 136
- Interest
- 111
- Depreciation
- 120
- 240
- Tax %
- 15
- Net Profit
- 204
- EPS
- 103
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2019
- 3,494
- 3,092
- Operating Profit
- 506
- OPM %
- 14
- Other Income
- 103
- Interest
- 146
- Depreciation
- 138
- 221
- Tax %
- 21
- Net Profit
- 175
- EPS
- 88
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2020
- 4,082
- 3,533
- Operating Profit
- 580
- OPM %
- 14
- Other Income
- 31
- Interest
- 163
- Depreciation
- 178
- 239
- Tax %
- 2
- Net Profit
- 235
- EPS
- 103
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 4,299
- 3,714
- Operating Profit
- 604
- OPM %
- 14
- Other Income
- 19
- Interest
- 197
- Depreciation
- 206
- 201
- Tax %
- 10
- Net Profit
- 181
- EPS
- 86
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 5,397
- 4,642
- Operating Profit
- 769
- OPM %
- 14
- Other Income
- 14
- Interest
- 216
- Depreciation
- 246
- 307
- Tax %
- 15
- Net Profit
- 262
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 6,582
- 5,707
- Operating Profit
- 914
- OPM %
- 14
- Other Income
- 38
- Interest
- 250
- Depreciation
- 307
- 357
- Tax %
- 12
- Net Profit
- 314
- EPS
- 154
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 7,484
- 6,556
- Operating Profit
- 1,000
- OPM %
- 13
- Other Income
- 71
- Interest
- 290
- Depreciation
- 321
- 376
- Tax %
- 17
- Net Profit
- 314
- EPS
- 5
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 8,291
- 7,270
- Operating Profit
- 1,083
- OPM %
- 13
- Other Income
- 62
- Interest
- 307
- Depreciation
- 330
- 446
- Tax %
- 20
- Net Profit
- 355
- EPS
- 5
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
TTM
- 9,793
- 8,772
- Operating Profit
- —
- OPM %
- —
- Other Income
- 99
- Interest
- 198
- Depreciation
- 370
- 693
- Tax %
- 27
- Net Profit
- 507
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 15%
- 3 Years:
- 15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 9%
- 3 Years:
- 11%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 58%
RETURN ON EQUITY
- 10 Years:
- 19%
- 5 Years:
- 15%
- 3 Years:
- 15%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 325 | 325 |
| 461 | 581 | 770 | 947 | 1,244 | 1,430 | 1,715 | 2,024 | 2,015 | 2,371 | |
| 195 | 242 | 255 | 304 | 355 | 548 | 724 | 603 | 609 | 814 | |
| Trade Payables | 119 | 89 | 200 | 357 | 452 | 465 | 551 | 921 | 789 | 1,066 |
| 1,011 | 1,184 | 1,424 | 1,744 | 1,912 | 2,182 | 2,220 | 2,152 | 2,340 | 2,727 | |
| Total Liabilities | 1,805 | 2,115 | 2,668 | 3,372 | 3,983 | 4,645 | 5,231 | 5,721 | 6,078 | 7,303 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 906 | 1,034 | 1,342 | 1,638 | 1,840 | 2,026 | 2,460 | 2,429 | 2,460 | 2,900 | |
| Capital Work in Progress | 217 | 375 | 332 | 245 | 325 | 295 | 120 | 80 | 179 | 263 |
| 56 | 64 | 29 | 30 | 31 | 31 | 59 | 41 | 9 | 109 | |
| 142 | 160 | 201 | 264 | 337 | 457 | 461 | 554 | 616 | 770 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,228 | 1,591 | |
| Cash & Bank | 6 | 10 | 13 | 72 | 79 | 97 | 75 | 141 | 250 | 149 |
| 479 | 474 | 752 | 1,124 | 1,370 | 1,740 | 2,056 | 2,477 | 1,336 | 1,521 | |
| Total Assets | 1,805 | 2,115 | 2,668 | 3,372 | 3,983 | 4,645 | 5,231 | 5,721 | 6,078 | 7,303 |
| Total Debt | 978 | 1,245 | 1,516 | 1,841 | 1,973 | 2,350 | 2,598 | 2,271 | 2,441 | 2,900 |
| Net Working Capital | 133 | 118 | 257 | 325 | 517 | 655 | 590 | 740 | 1,077 | 929 |
| Contingent Liabilities | 0 | 3 | 3 | 2 | 10 | 3 | 187 | 124 | 12 | 42 |
| Book Value per Share | 242.82 | 303.59 | 398.03 | 487.56 | 621.30 | 713.16 | 853.19 | 1005.02 | 35.95 | 41.25 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 |
| Total Debt | 978 | 1,245 | 1,516 | 1,841 | 1,973 | 2,350 | 2,598 | 2,271 | 2,441 | 2,900 |
| Net Working Capital | 133 | 118 | 257 | 325 | 517 | 655 | 590 | 740 | 1,077 | 929 |
| Contingent Liabilities | 0 | 3 | 3 | 2 | 10 | 3 | 187 | 124 | 12 | 42 |
| Book Value per Share | 242.82 | 303.59 | 398.03 | 487.56 | 621.30 | 713.16 | 853.19 | 1005.02 | 35.95 | 41.25 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 |
Mar 2016
- Equity Capital
- 20
- 461
- 195
- Trade Payables
- 119
- 1,011
- Total Liabilities
- 1,805
- 906
- Capital Work in Progress
- 217
- 56
- 142
- 0
- Cash & Bank
- 6
- 479
- Total Assets
- 1,805
- Total Debt
- 978
- Net Working Capital
- 133
- Contingent Liabilities
- 0
- Book Value per Share
- 242.82
- Face Value
- 10.00
- Total Debt
- 978
- Net Working Capital
- 133
- Contingent Liabilities
- 0
- Book Value per Share
- 242.82
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 20
- 581
- 242
- Trade Payables
- 89
- 1,184
- Total Liabilities
- 2,115
- 1,034
- Capital Work in Progress
- 375
- 64
- 160
- 0
- Cash & Bank
- 10
- 474
- Total Assets
- 2,115
- Total Debt
- 1,245
- Net Working Capital
- 118
- Contingent Liabilities
- 3
- Book Value per Share
- 303.59
- Face Value
- 10.00
- Total Debt
- 1,245
- Net Working Capital
- 118
- Contingent Liabilities
- 3
- Book Value per Share
- 303.59
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 20
- 770
- 255
- Trade Payables
- 200
- 1,424
- Total Liabilities
- 2,668
- 1,342
- Capital Work in Progress
- 332
- 29
- 201
- 0
- Cash & Bank
- 13
- 752
- Total Assets
- 2,668
- Total Debt
- 1,516
- Net Working Capital
- 257
- Contingent Liabilities
- 3
- Book Value per Share
- 398.03
- Face Value
- 10.00
- Total Debt
- 1,516
- Net Working Capital
- 257
- Contingent Liabilities
- 3
- Book Value per Share
- 398.03
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 20
- 947
- 304
- Trade Payables
- 357
- 1,744
- Total Liabilities
- 3,372
- 1,638
- Capital Work in Progress
- 245
- 30
- 264
- 0
- Cash & Bank
- 72
- 1,124
- Total Assets
- 3,372
- Total Debt
- 1,841
- Net Working Capital
- 325
- Contingent Liabilities
- 2
- Book Value per Share
- 487.56
- Face Value
- 10.00
- Total Debt
- 1,841
- Net Working Capital
- 325
- Contingent Liabilities
- 2
- Book Value per Share
- 487.56
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 20
- 1,244
- 355
- Trade Payables
- 452
- 1,912
- Total Liabilities
- 3,983
- 1,840
- Capital Work in Progress
- 325
- 31
- 337
- 0
- Cash & Bank
- 79
- 1,370
- Total Assets
- 3,983
- Total Debt
- 1,973
- Net Working Capital
- 517
- Contingent Liabilities
- 10
- Book Value per Share
- 621.30
- Face Value
- 10.00
- Total Debt
- 1,973
- Net Working Capital
- 517
- Contingent Liabilities
- 10
- Book Value per Share
- 621.30
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 20
- 1,430
- 548
- Trade Payables
- 465
- 2,182
- Total Liabilities
- 4,645
- 2,026
- Capital Work in Progress
- 295
- 31
- 457
- 0
- Cash & Bank
- 97
- 1,740
- Total Assets
- 4,645
- Total Debt
- 2,350
- Net Working Capital
- 655
- Contingent Liabilities
- 3
- Book Value per Share
- 713.16
- Face Value
- 10.00
- Total Debt
- 2,350
- Net Working Capital
- 655
- Contingent Liabilities
- 3
- Book Value per Share
- 713.16
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 20
- 1,715
- 724
- Trade Payables
- 551
- 2,220
- Total Liabilities
- 5,231
- 2,460
- Capital Work in Progress
- 120
- 59
- 461
- 0
- Cash & Bank
- 75
- 2,056
- Total Assets
- 5,231
- Total Debt
- 2,598
- Net Working Capital
- 590
- Contingent Liabilities
- 187
- Book Value per Share
- 853.19
- Face Value
- 10.00
- Total Debt
- 2,598
- Net Working Capital
- 590
- Contingent Liabilities
- 187
- Book Value per Share
- 853.19
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 20
- 2,024
- 603
- Trade Payables
- 921
- 2,152
- Total Liabilities
- 5,721
- 2,429
- Capital Work in Progress
- 80
- 41
- 554
- 0
- Cash & Bank
- 141
- 2,477
- Total Assets
- 5,721
- Total Debt
- 2,271
- Net Working Capital
- 740
- Contingent Liabilities
- 124
- Book Value per Share
- 1005.02
- Face Value
- 10.00
- Total Debt
- 2,271
- Net Working Capital
- 740
- Contingent Liabilities
- 124
- Book Value per Share
- 1005.02
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 325
- 2,015
- 609
- Trade Payables
- 789
- 2,340
- Total Liabilities
- 6,078
- 2,460
- Capital Work in Progress
- 179
- 9
- 616
- 1,228
- Cash & Bank
- 250
- 1,336
- Total Assets
- 6,078
- Total Debt
- 2,441
- Net Working Capital
- 1,077
- Contingent Liabilities
- 12
- Book Value per Share
- 35.95
- Face Value
- 5.00
- Total Debt
- 2,441
- Net Working Capital
- 1,077
- Contingent Liabilities
- 12
- Book Value per Share
- 35.95
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 325
- 2,371
- 814
- Trade Payables
- 1,066
- 2,727
- Total Liabilities
- 7,303
- 2,900
- Capital Work in Progress
- 263
- 109
- 770
- 1,591
- Cash & Bank
- 149
- 1,521
- Total Assets
- 7,303
- Total Debt
- 2,900
- Net Working Capital
- 929
- Contingent Liabilities
- 42
- Book Value per Share
- 41.25
- Face Value
- 5.00
- Total Debt
- 2,900
- Net Working Capital
- 929
- Contingent Liabilities
- 42
- Book Value per Share
- 41.25
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 130 | 121 | 106 | 208 | 298 | 159 | 474 | 789 | 582 | 704 | |
| Cash from Investing | -283 | -319 | -339 | -420 | -416 | -349 | -543 | -194 | -362 | -981 |
| Cash from Financing | 147 | 201 | 237 | 271 | 126 | 203 | 39 | -530 | -141 | 169 |
| -7 | 4 | 3 | 59 | 8 | 13 | -30 | 66 | 79 | -108 | |
| Free Cash Flow | 130 | -239 | -260 | -139 | -163 | -186 | -32 | 556 | 174 | -150 |
| OCF / Net Profit | 1.35 | 1.02 | 0.52 | 1.19 | 1.27 | 0.88 | 1.81 | 2.52 | 1.86 | 1.98 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -986 | -779 | 37 | 349 | 363 |
| OCF / Net Profit | 1.35 | 1.02 | 0.52 | 1.19 | 1.27 | 0.88 | 1.81 | 2.52 | 1.86 | 1.98 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -986 | -779 | 37 | 349 | 363 |
Mar 2016
- 130
- Cash from Investing
- -283
- Cash from Financing
- 147
- -7
- Free Cash Flow
- 130
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
Mar 2017
- 121
- Cash from Investing
- -319
- Cash from Financing
- 201
- 4
- Free Cash Flow
- -239
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
Mar 2018
- 106
- Cash from Investing
- -339
- Cash from Financing
- 237
- 3
- Free Cash Flow
- -260
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.52
- Cumulative 5-Year FCF
- 0
Mar 2019
- 208
- Cash from Investing
- -420
- Cash from Financing
- 271
- 59
- Free Cash Flow
- -139
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
Mar 2020
- 298
- Cash from Investing
- -416
- Cash from Financing
- 126
- 8
- Free Cash Flow
- -163
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
Mar 2021
- 159
- Cash from Investing
- -349
- Cash from Financing
- 203
- 13
- Free Cash Flow
- -186
- OCF / Net Profit
- 0.88
- Cumulative 5-Year FCF
- -986
- OCF / Net Profit
- 0.88
- Cumulative 5-Year FCF
- -986
Mar 2022
- 474
- Cash from Investing
- -543
- Cash from Financing
- 39
- -30
- Free Cash Flow
- -32
- OCF / Net Profit
- 1.81
- Cumulative 5-Year FCF
- -779
- OCF / Net Profit
- 1.81
- Cumulative 5-Year FCF
- -779
Mar 2023
- 789
- Cash from Investing
- -194
- Cash from Financing
- -530
- 66
- Free Cash Flow
- 556
- OCF / Net Profit
- 2.52
- Cumulative 5-Year FCF
- 37
- OCF / Net Profit
- 2.52
- Cumulative 5-Year FCF
- 37
Mar 2024
- 582
- Cash from Investing
- -362
- Cash from Financing
- -141
- 79
- Free Cash Flow
- 174
- OCF / Net Profit
- 1.86
- Cumulative 5-Year FCF
- 349
- OCF / Net Profit
- 1.86
- Cumulative 5-Year FCF
- 349
Mar 2025
- 704
- Cash from Investing
- -981
- Cash from Financing
- 169
- -108
- Free Cash Flow
- -150
- OCF / Net Profit
- 1.98
- Cumulative 5-Year FCF
- 363
- OCF / Net Profit
- 1.98
- Cumulative 5-Year FCF
- 363
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 46.22 | 60.10 | 102.94 | 88.18 | 115.62 | 89.21 | 128.72 | 154.19 | 4.82 | 5.46 |
| Book Value (₹) | 242.82 | 303.59 | 398.03 | 487.56 | 621.30 | 713.16 | 853.19 | 1005.02 | 35.95 | 41.25 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.55 | 0.55 |
| Cash EPS (₹) | 2.44 | 3.08 | 5.11 | 4.93 | 6.34 | 5.95 | 7.80 | 9.53 | 9.76 | 10.53 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.81% | 13.10% | 15.90% | 14.47% | 14.20% | 14.06% | 14.24% | 13.30% | 12.41% | 12.32% |
| Net Margin % | 3.66% | 4.45% | 6.88% | 5.01% | 5.76% | 4.22% | 4.85% | 4.77% | 4.19% | 4.29% |
| ROE % | 20.06% | 22.00% | 29.37% | 19.91% | 21.09% | 13.37% | 16.44% | 16.60% | 14.31% | 14.15% |
| ROCE % | 15.56% | 16.46% | 16.89% | 14.37% | 13.31% | 11.32% | 12.86% | 14.04% | 14.65% | 14.53% |
| 5.34% | 6.07% | 8.54% | 5.79% | 6.40% | 4.21% | 5.30% | 5.73% | 5.32% | 5.31% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 44 | 44 | 45 | 52 | 55 | 63 | 59 | 61 | 61 | 62 |
| Inventory Days | 20 | 21 | 22 | 24 | 27 | 34 | 31 | 28 | 29 | 31 |
| Payable Days | 26 | 21 | 24 | 38 | 48 | 51 | 44 | 52 | 52 | 51 |
| 37 | 44 | 43 | 38 | 34 | 45 | 46 | 38 | 37 | 42 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.04x | 2.07x | 1.92x | 1.90x | 1.56x | 1.62x | 1.50x | 1.11x | 1.04x | 1.08x |
| Interest Coverage (x) | 2.87x | 2.48x | 3.16x | 2.51x | 2.46x | 2.02x | 2.42x | 2.42x | 2.30x | 2.45x |
| 1.31x | 1.21x | 1.37x | 1.33x | 1.48x | 1.45x | 1.34x | 1.33x | 1.51x | 1.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 10.04% | 20.02% | 20.82% | 16.81% | 5.32% | 25.54% | 21.97% | 13.70% | 10.78% |
| Operating Profit Growth % | 0.00% | 22.70% | 34.86% | 7.24% | 14.62% | 4.22% | 27.20% | 18.89% | 9.42% | 8.29% |
| Net Profit Growth % | 0.00% | 23.36% | 71.62% | -14.34% | 34.47% | -22.84% | 44.28% | 19.79% | 0.05% | 13.27% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.79% | -96.87% | 13.27% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.35x | 2.52x | 2.84x |
Mar 2016
- EPS (₹)
- 46.22
- Book Value (₹)
- 242.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.44
- Operating Margin %
- 10.81%
- Net Margin %
- 3.66%
- ROE %
- 20.06%
- ROCE %
- 15.56%
- 5.34%
- Debtor Days
- 44
- Inventory Days
- 20
- Payable Days
- 26
- 37
- Debt to Equity (x)
- 2.04x
- Interest Coverage (x)
- 2.87x
- 1.31x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 60.10
- Book Value (₹)
- 303.59
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.08
- Operating Margin %
- 13.10%
- Net Margin %
- 4.45%
- ROE %
- 22.00%
- ROCE %
- 16.46%
- 6.07%
- Debtor Days
- 44
- Inventory Days
- 21
- Payable Days
- 21
- 44
- Debt to Equity (x)
- 2.07x
- Interest Coverage (x)
- 2.48x
- 1.21x
- Revenue Growth %
- 10.04%
- Operating Profit Growth %
- 22.70%
- Net Profit Growth %
- 23.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 102.94
- Book Value (₹)
- 398.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.11
- Operating Margin %
- 15.90%
- Net Margin %
- 6.88%
- ROE %
- 29.37%
- ROCE %
- 16.89%
- 8.54%
- Debtor Days
- 45
- Inventory Days
- 22
- Payable Days
- 24
- 43
- Debt to Equity (x)
- 1.92x
- Interest Coverage (x)
- 3.16x
- 1.37x
- Revenue Growth %
- 20.02%
- Operating Profit Growth %
- 34.86%
- Net Profit Growth %
- 71.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 88.18
- Book Value (₹)
- 487.56
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.93
- Operating Margin %
- 14.47%
- Net Margin %
- 5.01%
- ROE %
- 19.91%
- ROCE %
- 14.37%
- 5.79%
- Debtor Days
- 52
- Inventory Days
- 24
- Payable Days
- 38
- 38
- Debt to Equity (x)
- 1.90x
- Interest Coverage (x)
- 2.51x
- 1.33x
- Revenue Growth %
- 20.82%
- Operating Profit Growth %
- 7.24%
- Net Profit Growth %
- -14.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 115.62
- Book Value (₹)
- 621.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.34
- Operating Margin %
- 14.20%
- Net Margin %
- 5.76%
- ROE %
- 21.09%
- ROCE %
- 13.31%
- 6.40%
- Debtor Days
- 55
- Inventory Days
- 27
- Payable Days
- 48
- 34
- Debt to Equity (x)
- 1.56x
- Interest Coverage (x)
- 2.46x
- 1.48x
- Revenue Growth %
- 16.81%
- Operating Profit Growth %
- 14.62%
- Net Profit Growth %
- 34.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 89.21
- Book Value (₹)
- 713.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.95
- Operating Margin %
- 14.06%
- Net Margin %
- 4.22%
- ROE %
- 13.37%
- ROCE %
- 11.32%
- 4.21%
- Debtor Days
- 63
- Inventory Days
- 34
- Payable Days
- 51
- 45
- Debt to Equity (x)
- 1.62x
- Interest Coverage (x)
- 2.02x
- 1.45x
- Revenue Growth %
- 5.32%
- Operating Profit Growth %
- 4.22%
- Net Profit Growth %
- -22.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 128.72
- Book Value (₹)
- 853.19
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.80
- Operating Margin %
- 14.24%
- Net Margin %
- 4.85%
- ROE %
- 16.44%
- ROCE %
- 12.86%
- 5.30%
- Debtor Days
- 59
- Inventory Days
- 31
- Payable Days
- 44
- 46
- Debt to Equity (x)
- 1.50x
- Interest Coverage (x)
- 2.42x
- 1.34x
- Revenue Growth %
- 25.54%
- Operating Profit Growth %
- 27.20%
- Net Profit Growth %
- 44.28%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 154.19
- Book Value (₹)
- 1005.02
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 9.53
- Operating Margin %
- 13.30%
- Net Margin %
- 4.77%
- ROE %
- 16.60%
- ROCE %
- 14.04%
- 5.73%
- Debtor Days
- 61
- Inventory Days
- 28
- Payable Days
- 52
- 38
- Debt to Equity (x)
- 1.11x
- Interest Coverage (x)
- 2.42x
- 1.33x
- Revenue Growth %
- 21.97%
- Operating Profit Growth %
- 18.89%
- Net Profit Growth %
- 19.79%
- 19.79%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.35x
Mar 2024
- EPS (₹)
- 4.82
- Book Value (₹)
- 35.95
- Dividend per Share (₹)
- 0.55
- Cash EPS (₹)
- 9.76
- Operating Margin %
- 12.41%
- Net Margin %
- 4.19%
- ROE %
- 14.31%
- ROCE %
- 14.65%
- 5.32%
- Debtor Days
- 61
- Inventory Days
- 29
- Payable Days
- 52
- 37
- Debt to Equity (x)
- 1.04x
- Interest Coverage (x)
- 2.30x
- 1.51x
- Revenue Growth %
- 13.70%
- Operating Profit Growth %
- 9.42%
- Net Profit Growth %
- 0.05%
- -96.87%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.52x
Mar 2025
- EPS (₹)
- 5.46
- Book Value (₹)
- 41.25
- Dividend per Share (₹)
- 0.55
- Cash EPS (₹)
- 10.53
- Operating Margin %
- 12.32%
- Net Margin %
- 4.29%
- ROE %
- 14.15%
- ROCE %
- 14.53%
- 5.31%
- Debtor Days
- 62
- Inventory Days
- 31
- Payable Days
- 51
- 42
- Debt to Equity (x)
- 1.08x
- Interest Coverage (x)
- 2.45x
- 1.33x
- Revenue Growth %
- 10.78%
- Operating Profit Growth %
- 8.29%
- Net Profit Growth %
- 13.27%
- 13.27%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.84x
Documents
Announcements
- General Updates
2026-08-20 - Belrise Industries Limited has informed the Exchange about the clarification on the outcome of Board Meeting
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-17 - Belrise Industries Limited has informed the Exchange about Link of Recording
Annual Reports
Nothing filed yet.
Credit Ratings
- Credit Rating
2026-02-12 - Belrise Industries Limited has informed the Exchange about Credit Rating
- Credit Rating
2025-09-11 - Belrise Industries Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
Jun 2026
Mar 2026