Belrise FY26 Adj PAT Rises 41.2%; Board Dividend
Belrise Industries Limited reported a 41.2% rise in adjusted consolidated net profit to ₹5,020 million for FY26, with revenue increasing 14.7% to ₹95,091 million. The board recommended a final dividend of ₹0.55 per share and approved a QIP to raise up to INR 20,000 million.

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Belrise Industries Limited has reported its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board of directors, at its meeting held on May 24, 2026, approved the results and recommended a final dividend of ₹0.55 per equity share for the financial year 2025-26, subject to shareholder approval. The company also released an investor presentation detailing its performance for the period.
Financial Performance
For the financial year ended March 31, 2026, the company reported an adjusted consolidated net profit of ₹5,020.0 million, an increase of 41.2% from ₹3,554.4 million in the previous year. Revenue from operations for the consolidated entity rose 14.7% to ₹95,091.0 million from ₹82,908.2 million in the prior year. On a standalone basis, net profit for the year stood at ₹4,784.04 million compared to ₹3,324.76 million, while revenue from operations reached ₹75,283.30 million.
For the quarter ended March 31, 2026, consolidated net profit was ₹1,302.25 million, with revenue from operations at ₹25,528.30 million. Standalone net profit for the quarter was ₹1,362.65 million on revenue of ₹21,069.63 million. The company noted that Adjusted PAT for FY26 excludes exceptional items.
Operational Highlights
The investor presentation provided a breakdown of the company's manufacturing revenue. For the full year FY26, the 2W + 3W segment contributed 84.8% of manufacturing revenue, while 4W Passenger and 4W Commercial segments contributed 4.4% and 7.3% respectively. The company reported a Return on Average Capital Employed (ROACE) of 14.7% for FY26. The presentation also highlighted the company's powertrain-agnostic product portfolio, which constitutes 74% of its offerings.
Strategic Developments
The board approved a proposal to raise funds aggregating up to INR 20,000.00 million through the issuance of equity shares or other equity-linked instruments via a Qualified Institutions Placement (QIP). This is subject to the approval of shareholders and necessary regulatory authorities. Additionally, the board approved a corporate guarantee of up to EUR 3,300,000 for an External Commercial Borrowing (ECB) facility proposed to be availed by Belrise Defence and Aerospace Private Limited, a wholly-owned subsidiary.
The company announced the completion of its second international acquisition in the aerospace sector with the purchase of Chester Hall Precision Engineering in the UK for a consideration of £13.2 million. Chester Hall supplies to the world's largest aircraft OEM and reported revenues of over £18.5 million in CY2025.
Key Financial Metrics
The following table summarizes the standalone and consolidated financial performance for the year ended March 31, 2026:
| Metric | Standalone (Current Year) | Standalone (Previous Year) | Consolidated (Current Year) | Consolidated (Previous Year) |
|---|---|---|---|---|
| Revenue from Operations (₹ Million) | 75,283.30 | 65,938.07 | 95,091.02 | 82,908.16 |
| Total Income (₹ Million) | 76,234.19 | 66,585.83 | 96,188.60 | 83,524.48 |
| Net Profit for the Period (₹ Million) | 4,784.04 | 3,324.76 | 4,968.60 | 3,554.43 |
| Basic EPS (₹) | 5.60 | 5.11 | 5.82 | 5.46 |
The statutory auditors have provided an unmodified opinion on the standalone and consolidated financial results.
Historical Stock Returns for Belrise Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.56% | +5.60% | +4.64% | +42.89% | +115.96% | +134.30% |
How does Belrise Industries plan to utilize the INR 20,000 million raised via QIP to drive future growth?
What revenue synergies are expected from the acquisition of Chester Hall Precision Engineering?
Will the company shift its strategic focus toward the aerospace and defense sector following the recent acquisition and guarantee?


































