Belrise Industries Ltd.
•₹ 231.77-0.99%
2026-08-21
PROS
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.42x)
- 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 7.7% over past five years
* 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
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1,476 | 1,425 | 1,590 | 1,780 | 1,799 | 1,798 | 1,802 | 1,821 | 2,107 | 2,088 | |
| 1,284 | 1,209 | 1,376 | 1,548 | 1,545 | 1,542 | 1,542 | 1,565 | 1,826 | 1,950 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — |
| Other Income | 17 | 9 | 14 | 29 | 12 | 21 | 22 | 33 | 19 | 18 |
| Interest | 51 | 59 | 69 | 57 | 44 | 60 | 35 | 31 | 34 | 37 |
| Depreciation | 89 | 83 | 81 | 83 | 83 | 86 | 82 | 89 | 87 | 92 |
| 58 | 83 | 78 | 121 | 140 | 130 | 164 | 164 | 180 | 156 | |
| Tax % | 15.44% | 21.10% | 16.85% | 24.70% | 21.01% | 21.35% | 25.22% | 28.73% | 24.22% | 26.92% |
| Net Profit | 49 | 66 | 65 | 91 | 110 | 103 | 123 | 117 | 136 | 114 |
| 1 | 1 | 1 | 1 | 2 | 1 | 2 | 1 | 2 | 0 | |
| Equity Capital | 326 | 326 | 326 | 326 | 326 | 445 | 445 | 445 | 445 | 445 |
| Reserves | 1,857 | 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 | 1,857 | 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
- 1,476
- 1,284
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 51
- Depreciation
- 89
- 58
- Tax %
- 15.44%
- Net Profit
- 49
- 1
- Equity Capital
- 326
- Reserves
- 1,857
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 1,857
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,425
- 1,209
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 59
- Depreciation
- 83
- 83
- Tax %
- 21.10%
- Net Profit
- 66
- 1
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,590
- 1,376
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 69
- Depreciation
- 81
- 78
- Tax %
- 16.85%
- Net Profit
- 65
- 1
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,780
- 1,548
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 57
- Depreciation
- 83
- 121
- Tax %
- 24.70%
- Net Profit
- 91
- 1
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,799
- 1,545
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 44
- Depreciation
- 83
- 140
- Tax %
- 21.01%
- Net Profit
- 110
- 2
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 326
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,798
- 1,542
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 60
- Depreciation
- 86
- 130
- Tax %
- 21.35%
- Net Profit
- 103
- 1
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,802
- 1,542
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 35
- Depreciation
- 82
- 164
- Tax %
- 25.22%
- Net Profit
- 123
- 2
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,821
- 1,565
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 31
- Depreciation
- 89
- 164
- Tax %
- 28.73%
- Net Profit
- 117
- 1
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,107
- 1,826
- Operating Profit
- —
- OPM %
- —
- Other Income
- 19
- Interest
- 34
- Depreciation
- 87
- 180
- Tax %
- 24.22%
- Net Profit
- 136
- 2
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,088
- 1,950
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 37
- Depreciation
- 92
- 156
- Tax %
- 26.92%
- Net Profit
- 114
- 0
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 445
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 2,877 | 3,313 | 3,829 | 4,007 | 4,897 | 5,395 | 6,033 | 6,594 | 7,819 | |
| 1,911 | 2,102 | 2,542 | 2,917 | 3,290 | 3,438 | 4,170 | 4,597 | 5,189 | 5,679 | 6,883 | |
| Operating Profit | 285 | 350 | 472 | 504 | 574 | 597 | 753 | 836 | 918 | 980 | — |
| OPM % | 13 | 15 | 16 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | — |
| Other Income | 6 | 42 | 136 | 108 | 36 | 28 | 25 | 38 | 74 | 65 | 92 |
| Interest | 79 | 110 | 111 | 146 | 163 | 197 | 215 | 217 | 227 | 228 | 138 |
| Depreciation | 58 | 76 | 120 | 138 | 177 | 206 | 245 | 306 | 321 | 329 | 350 |
| 148 | 163 | 240 | 219 | 234 | 194 | 293 | 313 | 358 | 423 | 664 | |
| Tax % | 35 | 27 | 15 | 21 | 2 | 10 | 16 | 13 | 17 | 21 | 26 |
| Net Profit | 96 | 120 | 205 | 173 | 230 | 175 | 247 | 271 | 295 | 332 | 490 |
| EPS | 0 | 61 | 103 | 87 | 103 | 86 | 121 | 133 | 5 | 5 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 11 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 2 | 3 | 3 | 4 | 3 | 4 | 4 | 5 | 5 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 2 | 2 | 3 | 3 | 4 | 3 | 4 | 4 | 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
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2017
- 2,410
- 2,102
- Operating Profit
- 350
- OPM %
- 15
- Other Income
- 42
- Interest
- 110
- Depreciation
- 76
- 163
- Tax %
- 27
- Net Profit
- 120
- EPS
- 61
- 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
- 2,877
- 2,542
- Operating Profit
- 472
- OPM %
- 16
- Other Income
- 136
- Interest
- 111
- Depreciation
- 120
- 240
- Tax %
- 15
- Net Profit
- 205
- 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
- 3,313
- 2,917
- Operating Profit
- 504
- OPM %
- 15
- Other Income
- 108
- Interest
- 146
- Depreciation
- 138
- 219
- Tax %
- 21
- Net Profit
- 173
- EPS
- 87
- 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
- 3,829
- 3,290
- Operating Profit
- 574
- OPM %
- 15
- Other Income
- 36
- Interest
- 163
- Depreciation
- 177
- 234
- Tax %
- 2
- Net Profit
- 230
- 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
- 4,007
- 3,438
- Operating Profit
- 597
- OPM %
- 15
- Other Income
- 28
- Interest
- 197
- Depreciation
- 206
- 194
- Tax %
- 10
- Net Profit
- 175
- 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
- 4,897
- 4,170
- Operating Profit
- 753
- OPM %
- 15
- Other Income
- 25
- Interest
- 215
- Depreciation
- 245
- 293
- Tax %
- 16
- Net Profit
- 247
- EPS
- 121
- 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
- 5,395
- 4,597
- Operating Profit
- 836
- OPM %
- 15
- Other Income
- 38
- Interest
- 217
- Depreciation
- 306
- 313
- Tax %
- 13
- Net Profit
- 271
- EPS
- 133
- Dividend Payout %
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2024
- 6,033
- 5,189
- Operating Profit
- 918
- OPM %
- 15
- Other Income
- 74
- Interest
- 227
- Depreciation
- 321
- 358
- Tax %
- 17
- Net Profit
- 295
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 6,594
- 5,679
- Operating Profit
- 980
- OPM %
- 15
- Other Income
- 65
- Interest
- 228
- Depreciation
- 329
- 423
- Tax %
- 21
- Net Profit
- 332
- 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
TTM
- 7,819
- 6,883
- Operating Profit
- —
- OPM %
- —
- Other Income
- 92
- Interest
- 138
- Depreciation
- 350
- 664
- Tax %
- 26
- Net Profit
- 490
- 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:
- 14%
- 5 Years:
- 11%
- 3 Years:
- 10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 15%
- 5 Years:
- 8%
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 58%
RETURN ON EQUITY
- 10 Years:
- 18%
- 5 Years:
- 14%
- 3 Years:
- 14%
- Last Year:
- 14%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 466 | 587 | 776 | 952 | 1,242 | 1,416 | 1,685 | 1,946 | 1,920 | 2,252 | |
| 195 | 242 | 255 | 304 | 355 | 548 | 724 | 603 | 609 | 558 | |
| Trade Payables | 119 | 89 | 189 | 304 | 398 | 399 | 465 | 467 | 678 | 854 |
| 1,011 | 1,184 | 1,424 | 1,744 | 1,912 | 2,182 | 2,221 | 2,153 | 2,090 | 2,604 | |
| Total Liabilities | 1,810 | 2,121 | 2,664 | 3,323 | 3,927 | 4,566 | 5,115 | 5,190 | 5,622 | 6,592 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 906 | 1,034 | 1,342 | 1,638 | 1,839 | 2,026 | 2,458 | 2,427 | 2,459 | 2,704 | |
| Capital Work in Progress | 217 | 375 | 332 | 245 | 325 | 295 | 120 | 80 | 179 | 263 |
| 61 | 70 | 35 | 37 | 38 | 43 | 70 | 53 | 21 | 354 | |
| 142 | 160 | 201 | 244 | 313 | 427 | 423 | 465 | 594 | 689 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 799 | 1,045 | |
| Cash & Bank | 6 | 10 | 11 | 67 | 71 | 86 | 64 | 128 | 231 | 96 |
| 479 | 474 | 744 | 1,093 | 1,340 | 1,689 | 1,979 | 2,038 | 1,339 | 1,442 | |
| Total Assets | 1,810 | 2,121 | 2,664 | 3,323 | 3,927 | 4,566 | 5,115 | 5,190 | 5,622 | 6,592 |
| Total Debt | 978 | 1,245 | 1,516 | 1,841 | 1,973 | 2,350 | 2,598 | 2,271 | 2,191 | 2,644 |
| Net Working Capital | 133 | 118 | 237 | 323 | 364 | 539 | 593 | 652 | 721 | 753 |
| Contingent Liabilities | 0 | 3 | 3 | 2 | 10 | 3 | 7 | 12 | 12 | 42 |
| Book Value per Share | 245.32 | 306.60 | 401.21 | 489.79 | 620.52 | 706.26 | 838.21 | 966.77 | 34.49 | 39.41 |
| 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 | 2,191 | 2,644 |
| Net Working Capital | 133 | 118 | 237 | 323 | 364 | 539 | 593 | 652 | 721 | 753 |
| Contingent Liabilities | 0 | 3 | 3 | 2 | 10 | 3 | 7 | 12 | 12 | 42 |
| Book Value per Share | 245.32 | 306.60 | 401.21 | 489.79 | 620.52 | 706.26 | 838.21 | 966.77 | 34.49 | 39.41 |
| 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
- 466
- 195
- Trade Payables
- 119
- 1,011
- Total Liabilities
- 1,810
- 906
- Capital Work in Progress
- 217
- 61
- 142
- 0
- Cash & Bank
- 6
- 479
- Total Assets
- 1,810
- Total Debt
- 978
- Net Working Capital
- 133
- Contingent Liabilities
- 0
- Book Value per Share
- 245.32
- Face Value
- 10.00
- Total Debt
- 978
- Net Working Capital
- 133
- Contingent Liabilities
- 0
- Book Value per Share
- 245.32
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 20
- 587
- 242
- Trade Payables
- 89
- 1,184
- Total Liabilities
- 2,121
- 1,034
- Capital Work in Progress
- 375
- 70
- 160
- 0
- Cash & Bank
- 10
- 474
- Total Assets
- 2,121
- Total Debt
- 1,245
- Net Working Capital
- 118
- Contingent Liabilities
- 3
- Book Value per Share
- 306.60
- Face Value
- 10.00
- Total Debt
- 1,245
- Net Working Capital
- 118
- Contingent Liabilities
- 3
- Book Value per Share
- 306.60
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 20
- 776
- 255
- Trade Payables
- 189
- 1,424
- Total Liabilities
- 2,664
- 1,342
- Capital Work in Progress
- 332
- 35
- 201
- 0
- Cash & Bank
- 11
- 744
- Total Assets
- 2,664
- Total Debt
- 1,516
- Net Working Capital
- 237
- Contingent Liabilities
- 3
- Book Value per Share
- 401.21
- Face Value
- 10.00
- Total Debt
- 1,516
- Net Working Capital
- 237
- Contingent Liabilities
- 3
- Book Value per Share
- 401.21
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 20
- 952
- 304
- Trade Payables
- 304
- 1,744
- Total Liabilities
- 3,323
- 1,638
- Capital Work in Progress
- 245
- 37
- 244
- 0
- Cash & Bank
- 67
- 1,093
- Total Assets
- 3,323
- Total Debt
- 1,841
- Net Working Capital
- 323
- Contingent Liabilities
- 2
- Book Value per Share
- 489.79
- Face Value
- 10.00
- Total Debt
- 1,841
- Net Working Capital
- 323
- Contingent Liabilities
- 2
- Book Value per Share
- 489.79
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 20
- 1,242
- 355
- Trade Payables
- 398
- 1,912
- Total Liabilities
- 3,927
- 1,839
- Capital Work in Progress
- 325
- 38
- 313
- 0
- Cash & Bank
- 71
- 1,340
- Total Assets
- 3,927
- Total Debt
- 1,973
- Net Working Capital
- 364
- Contingent Liabilities
- 10
- Book Value per Share
- 620.52
- Face Value
- 10.00
- Total Debt
- 1,973
- Net Working Capital
- 364
- Contingent Liabilities
- 10
- Book Value per Share
- 620.52
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 20
- 1,416
- 548
- Trade Payables
- 399
- 2,182
- Total Liabilities
- 4,566
- 2,026
- Capital Work in Progress
- 295
- 43
- 427
- 0
- Cash & Bank
- 86
- 1,689
- Total Assets
- 4,566
- Total Debt
- 2,350
- Net Working Capital
- 539
- Contingent Liabilities
- 3
- Book Value per Share
- 706.26
- Face Value
- 10.00
- Total Debt
- 2,350
- Net Working Capital
- 539
- Contingent Liabilities
- 3
- Book Value per Share
- 706.26
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 20
- 1,685
- 724
- Trade Payables
- 465
- 2,221
- Total Liabilities
- 5,115
- 2,458
- Capital Work in Progress
- 120
- 70
- 423
- 0
- Cash & Bank
- 64
- 1,979
- Total Assets
- 5,115
- Total Debt
- 2,598
- Net Working Capital
- 593
- Contingent Liabilities
- 7
- Book Value per Share
- 838.21
- Face Value
- 10.00
- Total Debt
- 2,598
- Net Working Capital
- 593
- Contingent Liabilities
- 7
- Book Value per Share
- 838.21
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 20
- 1,946
- 603
- Trade Payables
- 467
- 2,153
- Total Liabilities
- 5,190
- 2,427
- Capital Work in Progress
- 80
- 53
- 465
- 0
- Cash & Bank
- 128
- 2,038
- Total Assets
- 5,190
- Total Debt
- 2,271
- Net Working Capital
- 652
- Contingent Liabilities
- 12
- Book Value per Share
- 966.77
- Face Value
- 10.00
- Total Debt
- 2,271
- Net Working Capital
- 652
- Contingent Liabilities
- 12
- Book Value per Share
- 966.77
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 325
- 1,920
- 609
- Trade Payables
- 678
- 2,090
- Total Liabilities
- 5,622
- 2,459
- Capital Work in Progress
- 179
- 21
- 594
- 799
- Cash & Bank
- 231
- 1,339
- Total Assets
- 5,622
- Total Debt
- 2,191
- Net Working Capital
- 721
- Contingent Liabilities
- 12
- Book Value per Share
- 34.49
- Face Value
- 5.00
- Total Debt
- 2,191
- Net Working Capital
- 721
- Contingent Liabilities
- 12
- Book Value per Share
- 34.49
- Face Value
- 5.00
Mar 2025
- Equity Capital
- 325
- 2,252
- 558
- Trade Payables
- 854
- 2,604
- Total Liabilities
- 6,592
- 2,704
- Capital Work in Progress
- 263
- 354
- 689
- 1,045
- Cash & Bank
- 96
- 1,442
- Total Assets
- 6,592
- Total Debt
- 2,644
- Net Working Capital
- 753
- Contingent Liabilities
- 42
- Book Value per Share
- 39.41
- Face Value
- 5.00
- Total Debt
- 2,644
- Net Working Capital
- 753
- Contingent Liabilities
- 42
- Book Value per Share
- 39.41
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 130 | 122 | 124 | 181 | 520 | 97 | 369 | 756 | 762 | 654 | |
| Cash from Investing | -283 | -320 | -360 | -396 | -550 | -289 | -439 | -198 | -360 | -1,019 |
| Cash from Financing | 147 | 201 | 237 | 271 | 34 | 203 | 39 | -496 | -328 | 223 |
| -7 | 4 | 1 | 56 | 5 | 11 | -31 | 63 | 74 | -142 | |
| Free Cash Flow | -109 | -238 | -241 | -166 | 62 | -264 | -120 | 510 | 403 | -5 |
| OCF / Net Profit | 1.35 | 1.02 | 0.61 | 1.05 | 2.26 | 0.56 | 1.49 | 2.79 | 2.58 | 1.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -693 | -847 | -729 | 22 | 591 | 524 |
| OCF / Net Profit | 1.35 | 1.02 | 0.61 | 1.05 | 2.26 | 0.56 | 1.49 | 2.79 | 2.58 | 1.97 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -693 | -847 | -729 | 22 | 591 | 524 |
Mar 2016
- 130
- Cash from Investing
- -283
- Cash from Financing
- 147
- -7
- Free Cash Flow
- -109
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.35
- Cumulative 5-Year FCF
- 0
Mar 2017
- 122
- Cash from Investing
- -320
- Cash from Financing
- 201
- 4
- Free Cash Flow
- -238
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.02
- Cumulative 5-Year FCF
- 0
Mar 2018
- 124
- Cash from Investing
- -360
- Cash from Financing
- 237
- 1
- Free Cash Flow
- -241
- OCF / Net Profit
- 0.61
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.61
- Cumulative 5-Year FCF
- 0
Mar 2019
- 181
- Cash from Investing
- -396
- Cash from Financing
- 271
- 56
- Free Cash Flow
- -166
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.05
- Cumulative 5-Year FCF
- 0
Mar 2020
- 520
- Cash from Investing
- -550
- Cash from Financing
- 34
- 5
- Free Cash Flow
- 62
- OCF / Net Profit
- 2.26
- Cumulative 5-Year FCF
- -693
- OCF / Net Profit
- 2.26
- Cumulative 5-Year FCF
- -693
Mar 2021
- 97
- Cash from Investing
- -289
- Cash from Financing
- 203
- 11
- Free Cash Flow
- -264
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- -847
- OCF / Net Profit
- 0.56
- Cumulative 5-Year FCF
- -847
Mar 2022
- 369
- Cash from Investing
- -439
- Cash from Financing
- 39
- -31
- Free Cash Flow
- -120
- OCF / Net Profit
- 1.49
- Cumulative 5-Year FCF
- -729
- OCF / Net Profit
- 1.49
- Cumulative 5-Year FCF
- -729
Mar 2023
- 756
- Cash from Investing
- -198
- Cash from Financing
- -496
- 63
- Free Cash Flow
- 510
- OCF / Net Profit
- 2.79
- Cumulative 5-Year FCF
- 22
- OCF / Net Profit
- 2.79
- Cumulative 5-Year FCF
- 22
Mar 2024
- 762
- Cash from Investing
- -360
- Cash from Financing
- -328
- 74
- Free Cash Flow
- 403
- OCF / Net Profit
- 2.58
- Cumulative 5-Year FCF
- 591
- OCF / Net Profit
- 2.58
- Cumulative 5-Year FCF
- 591
Mar 2025
- 654
- Cash from Investing
- -1,019
- Cash from Financing
- 223
- -142
- Free Cash Flow
- -5
- OCF / Net Profit
- 1.97
- Cumulative 5-Year FCF
- 524
- OCF / Net Profit
- 1.97
- Cumulative 5-Year FCF
- 524
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 48.72 | 60.62 | 103.11 | 87.23 | 113.00 | 85.80 | 121.48 | 133.41 | 4.54 | 5.11 |
| Book Value (₹) | 245.32 | 306.60 | 401.21 | 489.79 | 620.52 | 706.26 | 838.21 | 966.77 | 34.49 | 39.41 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.55 |
| Cash EPS (₹) | 2.44 | 3.10 | 5.12 | 4.90 | 6.26 | 5.84 | 7.56 | 8.87 | 9.46 | 10.16 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.81% | 13.09% | 15.98% | 15.20% | 15.01% | 14.90% | 15.38% | 15.49% | 13.98% | 13.88% |
| Net Margin % | 3.66% | 4.49% | 6.93% | 5.22% | 6.00% | 4.36% | 5.05% | 5.03% | 4.90% | 5.04% |
| ROE % | 22.08% | 21.97% | 29.16% | 19.58% | 20.58% | 12.93% | 15.73% | 14.78% | 14.03% | 13.82% |
| ROCE % | 16.34% | 16.47% | 16.86% | 14.26% | 13.13% | 11.14% | 12.56% | 12.40% | 13.48% | 13.49% |
| 5.77% | 6.10% | 8.55% | 5.78% | 6.34% | 4.11% | 5.11% | 5.27% | 5.46% | 5.44% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 39 | 44 | 44 | 46 | 44 | 52 | 49 | 47 | 47 | 51 |
| Inventory Days | 18 | 21 | 22 | 25 | 27 | 34 | 32 | 30 | 32 | 35 |
| Payable Days | 23 | 21 | 24 | 36 | 45 | 49 | 42 | 41 | 45 | 55 |
| 34 | 44 | 43 | 34 | 25 | 37 | 38 | 36 | 34 | 31 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.01x | 2.05x | 1.91x | 1.90x | 1.56x | 1.64x | 1.52x | 1.15x | 0.98x | 1.03x |
| Interest Coverage (x) | 2.87x | 2.49x | 3.17x | 2.50x | 2.43x | 1.99x | 2.36x | 2.45x | 2.57x | 2.85x |
| 1.31x | 1.21x | 1.35x | 1.35x | 1.36x | 1.39x | 1.36x | 1.36x | 1.36x | 1.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 22.48% | 10.04% | 19.39% | 15.15% | 15.57% | 4.66% | 22.22% | 10.16% | 11.82% | 9.30% |
| Operating Profit Growth % | 26.86% | 22.69% | 34.87% | 6.79% | 14.06% | 3.95% | 26.10% | 11.00% | 9.79% | 6.79% |
| Net Profit Growth % | 18.47% | 24.43% | 70.43% | -15.40% | 32.86% | -24.07% | 41.58% | 9.82% | 8.83% | 12.57% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -96.60% | 12.56% | |
| 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 | 0.00x | 2.49x | 2.93x |
Mar 2016
- EPS (₹)
- 48.72
- Book Value (₹)
- 245.32
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.44
- Operating Margin %
- 10.81%
- Net Margin %
- 3.66%
- ROE %
- 22.08%
- ROCE %
- 16.34%
- 5.77%
- Debtor Days
- 39
- Inventory Days
- 18
- Payable Days
- 23
- 34
- Debt to Equity (x)
- 2.01x
- Interest Coverage (x)
- 2.87x
- 1.31x
- Revenue Growth %
- 22.48%
- Operating Profit Growth %
- 26.86%
- Net Profit Growth %
- 18.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 60.62
- Book Value (₹)
- 306.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.10
- Operating Margin %
- 13.09%
- Net Margin %
- 4.49%
- ROE %
- 21.97%
- ROCE %
- 16.47%
- 6.10%
- Debtor Days
- 44
- Inventory Days
- 21
- Payable Days
- 21
- 44
- Debt to Equity (x)
- 2.05x
- Interest Coverage (x)
- 2.49x
- 1.21x
- Revenue Growth %
- 10.04%
- Operating Profit Growth %
- 22.69%
- Net Profit Growth %
- 24.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 103.11
- Book Value (₹)
- 401.21
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.12
- Operating Margin %
- 15.98%
- Net Margin %
- 6.93%
- ROE %
- 29.16%
- ROCE %
- 16.86%
- 8.55%
- Debtor Days
- 44
- Inventory Days
- 22
- Payable Days
- 24
- 43
- Debt to Equity (x)
- 1.91x
- Interest Coverage (x)
- 3.17x
- 1.35x
- Revenue Growth %
- 19.39%
- Operating Profit Growth %
- 34.87%
- Net Profit Growth %
- 70.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 87.23
- Book Value (₹)
- 489.79
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.90
- Operating Margin %
- 15.20%
- Net Margin %
- 5.22%
- ROE %
- 19.58%
- ROCE %
- 14.26%
- 5.78%
- Debtor Days
- 46
- Inventory Days
- 25
- Payable Days
- 36
- 34
- Debt to Equity (x)
- 1.90x
- Interest Coverage (x)
- 2.50x
- 1.35x
- Revenue Growth %
- 15.15%
- Operating Profit Growth %
- 6.79%
- Net Profit Growth %
- -15.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 113.00
- Book Value (₹)
- 620.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.26
- Operating Margin %
- 15.01%
- Net Margin %
- 6.00%
- ROE %
- 20.58%
- ROCE %
- 13.13%
- 6.34%
- Debtor Days
- 44
- Inventory Days
- 27
- Payable Days
- 45
- 25
- Debt to Equity (x)
- 1.56x
- Interest Coverage (x)
- 2.43x
- 1.36x
- Revenue Growth %
- 15.57%
- Operating Profit Growth %
- 14.06%
- Net Profit Growth %
- 32.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 85.80
- Book Value (₹)
- 706.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.84
- Operating Margin %
- 14.90%
- Net Margin %
- 4.36%
- ROE %
- 12.93%
- ROCE %
- 11.14%
- 4.11%
- Debtor Days
- 52
- Inventory Days
- 34
- Payable Days
- 49
- 37
- Debt to Equity (x)
- 1.64x
- Interest Coverage (x)
- 1.99x
- 1.39x
- Revenue Growth %
- 4.66%
- Operating Profit Growth %
- 3.95%
- Net Profit Growth %
- -24.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 121.48
- Book Value (₹)
- 838.21
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.56
- Operating Margin %
- 15.38%
- Net Margin %
- 5.05%
- ROE %
- 15.73%
- ROCE %
- 12.56%
- 5.11%
- Debtor Days
- 49
- Inventory Days
- 32
- Payable Days
- 42
- 38
- Debt to Equity (x)
- 1.52x
- Interest Coverage (x)
- 2.36x
- 1.36x
- Revenue Growth %
- 22.22%
- Operating Profit Growth %
- 26.10%
- Net Profit Growth %
- 41.58%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 133.41
- Book Value (₹)
- 966.77
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 8.87
- Operating Margin %
- 15.49%
- Net Margin %
- 5.03%
- ROE %
- 14.78%
- ROCE %
- 12.40%
- 5.27%
- Debtor Days
- 47
- Inventory Days
- 30
- Payable Days
- 41
- 36
- Debt to Equity (x)
- 1.15x
- Interest Coverage (x)
- 2.45x
- 1.36x
- Revenue Growth %
- 10.16%
- Operating Profit Growth %
- 11.00%
- Net Profit Growth %
- 9.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4.54
- Book Value (₹)
- 34.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.46
- Operating Margin %
- 13.98%
- Net Margin %
- 4.90%
- ROE %
- 14.03%
- ROCE %
- 13.48%
- 5.46%
- Debtor Days
- 47
- Inventory Days
- 32
- Payable Days
- 45
- 34
- Debt to Equity (x)
- 0.98x
- Interest Coverage (x)
- 2.57x
- 1.36x
- Revenue Growth %
- 11.82%
- Operating Profit Growth %
- 9.79%
- Net Profit Growth %
- 8.83%
- -96.60%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.49x
Mar 2025
- EPS (₹)
- 5.11
- Book Value (₹)
- 39.41
- Dividend per Share (₹)
- 0.55
- Cash EPS (₹)
- 10.16
- Operating Margin %
- 13.88%
- Net Margin %
- 5.04%
- ROE %
- 13.82%
- ROCE %
- 13.49%
- 5.44%
- Debtor Days
- 51
- Inventory Days
- 35
- Payable Days
- 55
- 31
- Debt to Equity (x)
- 1.03x
- Interest Coverage (x)
- 2.85x
- 1.33x
- Revenue Growth %
- 9.30%
- Operating Profit Growth %
- 6.79%
- Net Profit Growth %
- 12.57%
- 12.56%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 2.93x
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