Belrise Industries (BELRISE) | Financial Analysis & Statements
Belrise Industries Ltd. | Mid-cap | Consumer Cyclical
Belrise Industries Ltd. | Mid-cap | Consumer Cyclical
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
22.6B
Gross Profit
4.4B
19.35%
Operating Income
1.9B
8.42%
Net Income
1.1B
4.94%
EPS (Diluted)
₹1.50
Balance Sheet Metrics
Total Assets
72.3B
Total Liabilities
45.1B
Shareholders Equity
27.1B
Debt to Equity
1.66
Cash Flow Metrics
Operating Cash Flow
1.1B
Free Cash Flow
-679.3M
Revenue & Profitability Trend
Belrise Industries Income Statement From 2023 to 2025
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 81.3B | 73.1B | 63.8B |
| Cost of Goods Sold | 68.2B | 61.4B | 53.5B |
| Gross Profit | 13.2B | 11.7B | 10.3B |
| Gross Margin % | 16.2% | 16.0% | 16.2% |
| Operating Expenses | |||
| Research & Development | - | - | - |
| Selling, General & Administrative | 1.4B | 1.3B | 1.1B |
| Other Operating Expenses | 109.1M | 115.9M | 52.4M |
| Total Operating Expenses | 1.6B | 1.4B | 1.2B |
| Operating Income | 6.9B | 6.0B | 5.7B |
| Operating Margin % | 8.5% | 8.3% | 8.9% |
| Non-Operating Items | |||
| Interest Income | 409.0M | 269.8M | 117.4M |
| Interest Expense | 3.0B | 2.8B | 2.5B |
| Other Non-Operating Income | - | - | - |
| Pre-tax Income | 4.5B | 3.7B | 3.6B |
| Income Tax | 901.3M | 611.6M | 430.4M |
| Effective Tax Rate % | 20.2% | 16.4% | 12.1% |
| Net Income | 3.6B | 3.1B | 3.1B |
| Net Margin % | 4.4% | 4.3% | 4.9% |
| Key Metrics | |||
| EBITDA | 10.7B | 9.6B | 9.1B |
| EPS (Basic) | ₹3.99 | ₹3.49 | ₹3.52 |
| EPS (Diluted) | ₹3.99 | ₹3.49 | ₹3.52 |
| Basic Shares Outstanding | 889879192 | 889879192 | 889879192 |
| Diluted Shares Outstanding | 889879192 | 889879192 | 889879192 |
Income Statement Trend
Belrise Industries Balance Sheet From 2023 to 2025
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | |||
| Current Assets | |||
| Cash & Equivalents | 773.3M | 1.9B | 1.1B |
| Short-term Investments | - | 1.2M | 323.4M |
| Accounts Receivable | 15.9B | 12.3B | 12.8B |
| Inventory | 7.7B | 6.0B | 5.5B |
| Other Current Assets | 422.4M | 10.0K | 7.8M |
| Total Current Assets | 36.8B | 31.6B | 29.4B |
| Non-Current Assets | |||
| Property, Plant & Equipment | 24.0B | 21.0B | 19.3B |
| Goodwill | 43.7M | 6.1M | 1.3M |
| Intangible Assets | 10.1M | 6.1M | 1.3M |
| Long-term Investments | - | - | - |
| Other Non-Current Assets | 115.6M | -70.0K | 22.0M |
| Total Non-Current Assets | 35.4B | 28.9B | 27.4B |
| Total Assets | 72.3B | 60.4B | 56.8B |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | 10.7B | 7.9B | 9.2B |
| Short-term Debt | 12.8B | 10.5B | 10.5B |
| Current Portion of Long-term Debt | - | - | - |
| Other Current Liabilities | 971.9M | 245.1M | 276.8M |
| Total Current Liabilities | 27.5B | 20.8B | 22.0B |
| Non-Current Liabilities | |||
| Long-term Debt | 16.9B | 14.6B | 13.0B |
| Deferred Tax Liabilities | 258.9M | 150.4M | 373.9M |
| Other Non-Current Liabilities | 233.2M | 354.5M | 10.0K |
| Total Non-Current Liabilities | 17.6B | 16.2B | 14.3B |
| Total Liabilities | 45.1B | 37.0B | 36.3B |
| Equity | |||
| Common Stock | 3.3B | 3.3B | 203.4M |
| Retained Earnings | 23.0B | 19.4B | 19.5B |
| Treasury Stock | - | - | - |
| Other Equity | - | - | - |
| Total Shareholders Equity | 27.1B | 23.4B | 20.4B |
| Key Metrics | |||
| Total Debt | 29.6B | 25.0B | 23.5B |
| Working Capital | 9.3B | 10.8B | 7.4B |
Balance Sheet Composition
Belrise Industries Cash Flow Statement From 2023 to 2025
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | 4.5B | 3.7B | 3.6B |
| Depreciation & Amortization | - | - | - |
| Stock-Based Compensation | - | - | - |
| Working Capital Changes | -5.4B | -2.0B | -4.2B |
| Operating Cash Flow | 1.7B | 4.2B | 1.6B |
| Investing Activities | |||
| Capital Expenditures | -1.3B | -146.9M | -681.2M |
| Acquisitions | - | - | - |
| Investment Purchases | -993.2M | - | - |
| Investment Sales | - | - | - |
| Investing Cash Flow | -2.3B | -146.9M | -681.2M |
| Financing Activities | |||
| Share Repurchases | 0 | - | - |
| Dividends Paid | - | -20.3M | - |
| Debt Issuance | 2.1B | 372.4M | - |
| Debt Repayment | -561.8M | -239.4M | -2.1B |
| Financing Cash Flow | 4.8B | 1.7B | -3.3B |
| Free Cash Flow | -1.6B | 1.3B | 5.6B |
| Net Change in Cash | 4.2B | 5.8B | -2.3B |
Cash Flow Trend
Belrise Industries Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
36.25
Forward P/E
21.71
Price to Book
3.89
Price to Sales
1.64
Profitability Ratios
Profit Margin
4.51%
Operating Margin
8.42%
Return on Equity
13.10%
Return on Assets
4.92%
Financial Health
Current Ratio
1.34
Debt to Equity
109.23
Per Share Data
EPS (TTM)
₹4.45
Book Value per Share
₹41.43
Revenue per Share
₹133.27
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| belrise | 142.2B | 36.25 | 3.89 | 13.10% | 4.51% | 109.23 |
| Bosch | 1.1T | 42.45 | 8.19 | 14.59% | 14.51% | 0.86 |
| Samvardhana | 1.1T | 32.06 | 3.08 | 10.24% | 2.90% | 46.38 |
| Maharashtra Scooters | 195.4B | 79.25 | 0.62 | 0.69% | 117.27% | 0.00 |
| Gabriel India | 189.3B | 73.44 | 15.52 | 20.70% | 5.92% | 5.84 |
| CIE Automotive India | 164.1B | 19.91 | 2.25 | 11.93% | 8.89% | 7.02 |
Financial data is updated regularly. All figures are in the company's reporting currency.