Belrise Industries Announces Leadership Transition in HR Department

Belrise Industries Limited has announced a senior management transition in its Human Resources department. The company disclosed that Mr. Lalitendru Samanta, Chief Human Resources Officer (CHRO), will superannuate with effect from the close of business hours on December 20, 2025. To ensure continuity in operations, the company has appointed Mr. Vaibhav Joshi as Interim Chief Human Resources Officer, effective December 21, 2025.

Leadership Transition Details

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Samanta, who forms part of the Senior Management Personnel (SMP), will be succeeded by Mr. Joshi, who brings 27 years of HR experience to the role.

Transition Details	Information
Outgoing CHRO	Mr. Lalitendru Samanta
Superannuation Date	December 20, 2025
Incoming CHRO	Mr. Vaibhav Joshi
Assumption Date	December 21, 2025
Position	Interim Chief Human Resources Officer

New CHRO Profile and Experience

Mr. Vaibhav Joshi, aged 51 years, joined the company on November 19, 2025, as Interim CHRO. He will be responsible for overseeing the Human Resource, Industrial Relations, and Administration functions of the company.

Professional Background

Joshi's 27 years of experience in Human Resources, Industrial Relations, and Administration includes associations with several reputed organizations:

Infiloom India Private Limited
Garware Technical Fibres Limited
Saint-Gobain Sekurit India Limited
Bharat Forge Limited
Yeshshree Press Comps Private Limited
Bagla Group of Industries

Educational Qualifications

Mr. Joshi holds comprehensive educational credentials relevant to his role:

Qualification	Details
Primary Degree	Master of Personnel Management (MPM)
Additional Qualification	Diploma in Labour Law and Labour Welfare
Specialized Training	Post Graduate Diploma in Human Resource Development (HRD)

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Clause 7C of Para A of Part A of Schedule III of the SEBI Listing Regulations. The company has provided detailed disclosures as prescribed under SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The submission has been hosted on the company's website under the Investor Relations section at https://belriseindustries.com .

This leadership transition represents a planned succession as part of the company's ongoing organizational development, ensuring continuity in human resources management and administration functions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.43%	-1.79%	-0.62%	+59.14%	+62.57%	+62.57%

Belrise Industries , a leading auto component manufacturer, has announced impressive financial results for the latest quarter, along with significant new order wins across various segments.

Financial Highlights

Belrise Industries achieved a record quarterly performance with Profit After Tax (PAT) reaching INR 1,330.00 million. The company reported a total revenue of INR 23,535.00 million, marking a 14% year-on-year increase. This growth was primarily driven by strong demand across automotive segments and benefits from the implementation of GST 2.0.

Key Financial Metrics

Metric	Q2 FY'26	YoY Growth
Total Revenue	INR 23,535.00 million	14%
Manufacturing Revenue	INR 18,601.00 million	17%
EBITDA	INR 2,962.00 million	22%
EBITDA Margin	12.60%	-
Manufacturing EBITDA	INR 2,663.00 million	25%
Manufacturing EBITDA Margin	14.30%	-
PAT	INR 1,330.00 million	82%
PAT Margin	5.70%	-

New Order Wins

Belrise Industries has secured several significant new orders, showcasing its expanding capabilities and market reach:

EV Platform Order: The company won an order from a leading two-wheeler OEM for their EV platform, covering chassis and Body in White (BIW) components. This order has led to the establishment of a new manufacturing facility in Chennai.
SUV Platform Order: Belrise secured an order from a major Indian passenger vehicle OEM for 37 BIW parts for their upcoming SUV platform. The content per vehicle for these parts is approximately INR 2,200.00.
Three-Wheeler EV Suspension: The company received an order for three-wheeler EV suspension from one of India's fastest-growing two and three-wheeler OEMs.
Commercial Vehicle Component: Belrise won an order for long members, a high-tensile structural component used in medium and heavy commercial vehicles, marking its entry into this segment.
Solar Structures: The company initiated supplies for solar structures to a large global solar tracker manufacturer, with initial orders for North America and potential expansion to India and Europe.
Defense Sector: Belrise secured incremental orders for an armored vehicle program for a leading Indian defense OEM, involving indirect exports to multiple Asian countries.

Strategic Expansion

Belrise Industries is actively expanding its presence in the four-wheeler and commercial vehicle segments. The company aims to double its revenues from FY '25 levels in these segments over the next two years. Additionally, Belrise is diversifying into non-automotive applications, including consumer electronics, aerospace and defense, and renewables.

Future Outlook

The management expressed confidence in the company's growth trajectory, supported by strategic investments and a commitment to advancing products and technologies. Belrise Industries is well-positioned to capitalize on the growing demand in the automotive sector and emerging opportunities in new segments.

As the auto component industry continues to evolve, Belrise Industries' focus on innovation, quality, and customer integration is expected to drive its growth across multiple segments in the coming years.