Market Performance
Belsire Industries' share price saw a notable surge of 5% in early trade on Monday, June 16, reaching ₹106.91 per share. This jump follows the company's announcement of strong Q4 earnings.
The stock has now climbed 19% above its initial public offering (IPO) price of ₹90, showcasing investor confidence following its listing. Belrise made its market debut at ₹100 per share, delivering an 11% premium on listing day, and closed over 8% higher than the issue price on debut.
Main News
The positive movement in Belrise Industries' share price was fueled mainly by a robust financial performance in the March quarter (Q4 FY25).
Key financial highlights include:
- Revenue from operations rose to ₹2,274.35 Crore, a 49% increase compared to ₹1,526.24 Crore in Q4 FY24.
- EBITDA stood at ₹286.27 Crore, marking a 69% rise from ₹168.95 Crore year-on-year.
- EBITDA margin improved to 12.6% in Q4 FY25, up from 11.1% in the same quarter last year.
- Profit after tax (PAT) jumped to ₹110.07 Crore, a 575% surge from ₹16.30 Crore in Q4 FY24.
This consistent financial growth reflects improved operational efficiency and expanding business momentum.
Company Details
Belrise Industries is a homegrown automotive component manufacturer that supplies a wide range of safety-critical and engineered systems across:
- Two-wheelers
- Three-wheelers
- Four-wheelers
- Commercial vehicles
- Agricultural vehicles
As of March 31, 2024, the company commands a 24% share of the revenue in India's two-wheeler metal components segment, placing it among the top three players in the industry.
Product Portfolio Includes:
- Metal chassis systems
- Suspension systems
- Polymer components
- Body-in-white components
- Exhaust systems
Key Clients:
- Bajaj
- Honda
- Hero
- Jaguar Land Rover
- Royal Enfield
- VE Commercial Vehicles
- Tata Motors
- Mahindra
Belrise also boasts a growing international footprint, further enhancing its revenue streams.
IPO Performance
The IPO of Belrise Industries was a strong hit, backed by overwhelming interest:
- Issue Size: ₹2,150 Crore
- Price Band: ₹85–₹90 per share
- Subscription: 41.30 times on the final day
The strong subscription figures underscore the confidence investors have in the company's long-term growth prospects.
Summary
The recent 5% rise in Belrise Industries' share price follows impressive Q4 numbers. With a 49% increase in revenue, a 69% rise in EBITDA, and a 575% growth in PAT, the company has demonstrated a stellar performance.
Combined with its 19% gain from the IPO price, strong client base, diversified product offerings, and growing market share, Belrise Industries continues to make a solid mark in the automotive component sector.
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