Belrise Industries reported strong Q3 FY26 results, with revenue increasing by 8.0% to ₹23,405.2 Mn and Profit Before Tax (PBT) surging by 35.9% YoY to ₹1,774.9 Mn. The company completed its first international aerospace acquisition and secured a collaboration for military systems. A new manufacturing facility is being set up to serve a major two-wheeler OEM.
Financial Performance
Belrise Industries announced robust financial results for Q3 FY26. Key highlights include:
- Total Revenue: ₹23,405.2 Mn (up 8.0% YoY)
- Gross Profit: ₹4,480.0 Mn (up 10.6% YoY)
- EBITDA: ₹2,869.3 Mn (up 9.6% YoY)
- Profit Before Tax (PBT): ₹1,774.9 Mn (up 35.9% YoY)
- Adjusted Profit After Tax (PAT): ₹1,267.7 Mn (up 26.0% YoY)
For the nine months ended December 31, 2025:
- Total Revenue: ₹69,562.7 Mn (up 15.6% YoY)
- Gross Profit: ₹13,392.9 Mn (up 16.2% YoY)
- EBITDA: ₹8,636.4 Mn (up 15.9% YoY)
- Profit Before Tax (PBT): ₹4,976.8 Mn (up 62.5% YoY)
- Adjusted Profit After Tax (PAT): ₹3,714.3 Mn (up 51.3% YoY)
Business Highlights
Key business highlights for Q3 FY26 include:
- Manufacturing Revenue up 8%.
- Manufacturing EBITDA up 11%.
- Exports contributed 5.8% to manufacturing revenue.
- 73.9% of manufacturing revenue from powertrain-neutral products.
For the nine months ended December 31, 2025:
- Manufacturing Revenue up 16%.
- Manufacturing EBITDA up 18%.
- Exports contributed 5.6% to manufacturing revenue.
- 73.2% of manufacturing revenue is from powertrain-neutral products.
Aerospace & Defense Expansion
Belrise Industries completed its first international acquisition by acquiring SDM, a European aerospace manufacturer specializing in high-precision machined parts. The acquisition was completed for a consideration of €0.35 million. SDM is expected to generate revenues of approximately €3–4 million in FY27.
A strategic collaboration agreement was signed with Plasan Sasa to manufacture and co-develop ATEMM systems for the Indian military.
Merger and New Facility
The merger of Badve Autocomps and Eximius Infra Tech with Belrise Industries Limited is expected to be EPS and value-accretive. The merged entities will create a major player in India’s two-wheeler plastic components segment.
A new manufacturing plant is being set up in Haridwar for one of India’s largest two-wheeler OEMs, with production expected in Q4 FY26 (Jan-Mar).
Source: BSE
