Belrise Industries Limited — PPTs, 31-01-2026: Investor Presentation

Belrise Industries (BIL) delivered robust financial results for Q3 and 9M FY26, showcasing strong growth across segments and strategic expansion.

**Business Performance:** Q3 FY26 revenue from operations rose 8% YoY to ₹2,340.5 Cr, with adjusted profit after tax (PAT) up 26% YoY to ₹126.8 Cr. For 9M FY26, revenue increased 16% YoY to ₹6,956.3 Cr, and adjusted PAT surged 51% YoY to ₹371.4 Cr. While 2W+3W remain core, 4W Passenger and "Others" segments showed strong growth.

**Growth Drivers & Strategy:** BIL is deepening its presence with existing clients and expanding into new verticals like Steering Columns and High-Tensile Products. A major strategic pivot involves Defense & Aerospace, including the first international acquisition (SDM in France) for aircraft OEMs and an alliance with Plasan Sasa. Corporate structure simplification through mergers is also a focus for EPS accretion.

**Recent Developments:** Alongside the SDM acquisition, new facilities are ramping up across India (Haridwar, Chennai, Pune, Bhiwadi) and France, supporting new orders across 2W, 4W, CV, and EV platforms.

**Key Financial Metrics:** EBITDA margin for Q3 FY26 was 12.3%. 9M FY26 Return on Average Capital Employed (ROACE) stood at 15.1%. A notable improvement is the Net Debt/Equity, significantly down to 0.15x from 0.98x in 9M FY25.

**Management Commentary / Outlook:** Management aims for higher verticalization, increased content per vehicle, and stronger customer relationships, targeting to double 4W/CV segment revenue in the next 2-2.5 years through design-led expansion and exports.