Investor Presentation for the quarter and financial year ended March 31, 2026.
BELRISE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Belrise Industries reported FY26 revenue of ₹95,091 million, up 15% YoY, with manufacturing revenue at ₹77,346 million (+17%). EBITDA grew 13% to ₹11,538 million, but EBITDA margin contracted 20 bps to 12.1% for FY26 and 70 bps to 11.4% in Q4. Adjusted PAT surged 41% to ₹5,020 million, driven by significantly lower finance costs (down ₹758 million). The company achieved major deleveraging with Net Debt/Equity improving from 1.01x to 0.11x. Key strategic moves include acquisition of UK aerospace firm Chester Hall (est. revenue ~£18.5M), H-One India, and MagFilters; merger of promoter entities BAPL & EITSPL at 8.3x P/E vs listed entity's 30.9x; and entry into Defense/Aerospace supply chain. Company guides for 40-45% revenue growth in 4W/CV segment by FY27.
Margin pressure is a near-term concern as EBITDA margins contracted while PAT growth was boosted by one-time debt reduction benefits. The aggressive deleveraging and aerospace diversification are positive long-term signals, but investors should note that sustainable margin improvement will be key for stock performance.