What the business is, and whether it's a good one at a fair price.
After selling its foil manufacturing business, the Pune-based company now operates through recently acquired subsidiaries in Battery Energy Storage Systems, X-ray security screening, modular data centres, edge computing, and defence technologies. Standalone FY26 total income was ₹37.90 lakhs and consolidated total income was ₹57,995 lakhs, with losses reported from continuing operations in both. Recent acquisitions include Evolve IT Solutions (100% for Rs 10.75 crore), a Pune-based maker of baggage, cargo and vehicle X-ray scanners with FY25 turnover of Rs 20.81 crore; BESS Limited (99%, October 2025); DC&T Global (100%, December 2025); and Metafin (55%). A JV with HD Fabcon, Belding HD India Private Limited (55% owned), was incorporated in June 2026 to pursue BESS and renewable energy projects. The company launched an indigenously designed Hybrid BESS targeting data centres, hospitals, airports, telecom towers, mining, oil and gas, defence, and remote industrial sites, claiming 40 to 80 percent diesel reduction. Customers include operators of airports, ports, defence facilities and critical infrastructure for the screening business, alongside the BESS target segments.
Measured from the filed financials, judged against its Aluminium, Copper & Zinc Products peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from BELDING INDIA LIMITED's filed financials and exchange disclosures
BELDING INDIA LIMITED is a Industrial Products company listed on BSE.
Not in the latest reported year — BELDING INDIA LIMITED's dividend payout for FY26 was nil.
Effectively yes. Debt stands at 0.01× equity.
On trailing P/E, BELDING INDIA LIMITED ranks 9 of 9 in Aluminium, Copper & Zinc Products — cheaper than 0% of them, against an industry median of 12.5×. This is a position, not a valuation judgement.
On a typical session BELDING INDIA LIMITED moves 2.00% — that is the median absolute close-to-close move across its last 203 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by BELDING INDIA LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.