Belrise Industries reported its Q3 and 9M FY26 financial highlights alongside strategic growth initiatives, including expansion in aerospace and defense. Key figures include Q3 revenue from operations increasing by 8% YoY to ₹23,405.2 Mn and 9M revenue rising by 16% YoY to ₹69,562.7 Mn. The company is focused on deepening its presence in the two-wheeler segment, building proprietary products, and expanding into four-wheelers and commercial vehicles.
Financial Performance: Q3 FY26
Belrise Industries reported the following key financials for Q3 FY26:
- Manufacturing Revenue: ₹18,659.8 Mn (up 5% year-over-year)
- Revenue from Trading of Goods: ₹4,745.4 Mn (up 23% year-over-year)
- Revenue from Operations: ₹23,405.2 Mn (up 8% year-over-year)
- EBITDA: ₹2,869.3 Mn; EBITDA Margin: 12.3%
- Adjusted PAT: ₹1,267.7 Mn
Financial Performance: 9M FY26
Key financials for the nine months ended December 31, 2025, include:
- Manufacturing Revenue: ₹55,583.0 Mn (up 16% year-over-year)
- Revenue from Trading of Goods: ₹13,979.8 Mn (up 14% year-over-year)
- Revenue from Operations: ₹69,562.7 Mn (up 16% year-over-year)
- EBITDA: ₹8,636.4 Mn; EBITDA Margin: 12.4%
- Adjusted PAT: ₹3,714.3 Mn
Segmental Revenue Breakup: Q3 FY26
- 2W + 3W: 80.6%
- 4W Passenger: 4.9%
- 4W Commercial: 7.9%
- Others: 6.6%
By Powertrain:
- ICE: 24.5%
- Powertrain Agnostic: 73.9%
- Others: 1.6%
Growth Strategies
Belrise Industries is focused on several key growth strategies:
- Deepening presence in the two-wheeler segment
- Building a portfolio of proprietary and premium products
- Expanding in the four-wheeler and commercial vehicle segments
- Transitioning from a Tier-1 supplier to a Tier-0.5 supplier (system supplier)
Aerospace & Defense Expansion
The company is expanding into the aerospace sector via the acquisition of SDM, specializing in machined aerostructures and aero-engine parts. Belrise is also building alliances in the defense sector, partnering with Plasan Sasa to build armored parts. Key focus is on building an indigenous solution for the Indian Defense Market.
Source: BSE
