Belrise Industries Share Price Jumps 12% on Strong Q1 Performance, Trades 70% Above IPO Price

Market Performance

Belrise Industries shares surged 12% intraday on Tuesday, August 19, reaching ₹156 apiece. Investors responded positively to the company’s June-quarter earnings, marking another strong milestone since its IPO.

Since listing, the stock has been on an impressive trajectory, now trading 70% above its IPO price of ₹90, reflecting growing market confidence in the company’s performance and expansion strategy.

Main News

• Revenue growth: Belrise reported a 27% year-on-year increase in revenue for Q1FY26, reaching ₹2,262 crore.
• Manufacturing contribution: Manufacturing revenue stood at ₹1,832 crore, up 29% YoY, driven by higher content per vehicle and successful order rollouts.
• EBITDA: The company posted ₹280 crore, up from ₹240 crore in Q1FY25 (17% YoY growth), though margins slightly declined to 12.4% from 13.5%.
• Profit after tax: Net profit rose 56.1% YoY, reaching ₹112 crore.
• Debt reduction: Using IPO proceeds, Belrise repaid ₹1,596 crore of debt, bringing Net Debt/Equity down to 0.16x from 0.98x, with net debt at ₹769 crore by quarter-end.

Company Details

Belrise Industries is a leading Indian automotive component manufacturer, supplying a wide range of safety-critical systems and engineering solutions across:

• Two-wheelers (2W)
• Three-wheelers (3W)
• Four-wheelers (PV)
• Commercial vehicles (CV)
• Agricultural vehicles

Recent expansions and acquisitions include:

• Commissioning of the new Chennai facility, now supplying major 2W and commercial vehicle OEMs as a single-source supplier.
• Integration of H-One India and the plastic components business of Mag Filters, enhancing capabilities in high-tensile steel fabrication and proprietary filtration technology.
• Upcoming plants in Pune and Bhiwadi expected to ramp up operations in the near term.

IPO Highlights:

• IPO size: ₹2,150 crore
• Price band: ₹85–90 per share
• Subscribed 41.30 times, with strong institutional participation

Summary

Belrise Industries continues to impress investors with robust revenue growth, strong profit performance, and strategic expansions. The stock’s 12% intraday jump and 70% gain since IPO underline growing market confidence. With new facilities coming online and acquisitions integrated, Belrise is positioned to strengthen its presence across India’s automotive component sector.