Belrise Industries Q4 FY26 Results: Total Revenue INR25,528 Million, Dividend INR0.55/share
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 01 Jun 2026, 08:17 PM IST · BSE ID: e653bea0-942b-4625-b7c8-d222e678057f
View Original BSE Filing (PDF)
⚡ Quick Answer
Belrise Industries reported total revenue from operations of INR25,528 million for the quarter and financial year ended March 31, 2026. The company also declared a final dividend of INR0.55 per share. Key growth drivers included strong performance in the four-wheeler, commercial vehicle, and aerospace/defense sectors, with new orders secured from major OEMs.
💡
In Simple Terms
Belrise Industries shared its latest financial performance, showing higher sales and profit, and announced a dividend payment to shareholders.
🤖 AI Summary
- Belrise Industries reported Q4 FY26 total revenue from operations of INR25,528 million, up 12% year-on-year.
- Adjusted PAT for Q4 FY26 stood at INR1,290 million; manufacturing revenue grew 21% year-on-year to INR21,763 million.
- The Board declared a final dividend of INR0.55 per share for the financial year ended March 31, 2026.
- Company expanded four-wheeler business by 71% in Q4 FY26 and commercial vehicle segment by 32%.
- Secured new orders including a program for exhaust systems and fuel tanks expected to generate peak annual revenue of INR90 crores.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Revenue from Operations (Q4 FY26)
INR25,528 million
12%
Manufacturing Revenue (Q4 FY26)
INR21,763 million
21%
Adjusted PAT (Q4 FY26)
INR1,290 million
EBITDA (Q4 FY26)
INR2,901 million
Manufacturing EBITDA (Q4 FY26)
INR2,800 million
Final Dividend per share
INR0.55
Four-wheeler business growth (Q4 FY26)
71%
Commercial vehicle segment growth (Q4 FY26)
32%
Aerospace subsidiary operational loss (Q4 FY26)
INR94.7 million
🏢 How This Affects the Company
The company's customer base diversification and expansion into proprietary segments (suspensions, steering columns, high-tensile products, braking systems) reflects a broader market approach. Acquisition of SDM in France and Chester Hall in UK significantly strengthens capabilities in the aerospace and defense segment, servicing two of the world's largest aircraft OEMs.
Total revenue from operations increased by 12% year-on-year in Q4 FY26, and manufacturing revenue grew by 21% year-on-year. Adjusted PAT for Q4 FY26 was INR1,290 million. A one-time operational loss of INR94.7 million was recorded in its subsidiary, Belrise Aerospace and Defense, due to startup costs.
Brownfield expansion at the Bangalore facility will support new programs, with production starting in Q2 FY26-27. The ramp-up of the Haridwar facility is progressing, enabling backward integration across multiple existing facilities while limiting incremental greenfield capex. Raw material fluctuations are managed through a back-to-back pricing model with customers.
The one-time operational loss of INR94.7 million in Belrise Aerospace and Defense highlights initial integration and startup challenges for new acquisitions. Volatility in input costs like steel and plastic, while managed by pass-through, introduces a lag that could temporarily affect cash flow.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this transcript.
👤
Who Is Affected
Existing shareholders as of the record date will receive a final dividend of INR0.55 per share. All shareholders are informed about the company's Q4 and FY26 financial performance.
🔍
Management Signal
Management is committed to rewarding shareholders, as evidenced by the declared final dividend, and focuses on strategic growth, diversification, and operational efficiency.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor manufacturing revenue and overall top-line growth.
Progress of Bangalore brownfield expansion — check for production commencement in Q2 FY26-27.
EBITDA positivity of Belrise SDM — verify status in calendar year 2027 as projected.
MEDIUM RISK
One-time operational loss in aerospace subsidiary and dependence on successful integration of recent acquisitions introduce operational risks.
💡 Investor Takeaway
Belrise Industries reported Q4 FY26 total revenue from operations of INR25,528 million, up 12% year-on-year. Adjusted PAT for the quarter was INR1,290 million. The Board declared a final dividend of INR0.55 per share. Expansion in four-wheeler, commercial vehicle, and aerospace segments was noted.
⚖️ Strengths & Concerns
✅ Positives
- Total revenue from operations for Q4 FY26 increased by 12% year-on-year to INR25,528 million.
- Four-wheeler business segment recorded a growth of 71% in Q4 FY26 and 37% in FY26.
⚠️ Concerns
- Belrise Aerospace and Defense subsidiary incurred a one-time operational loss of INR94.7 million in Q4 FY26.
- The aerospace subsidiary, Belrise SDM, is expected to become EBITDA positive only in the year 2027.
📅 Company Track Record
Belrise Industries completed its IPO in May 2025, making FY26 its first full year as a listed company. The company stated it was founded in 1996 and worked to diversify from a single customer over the past decades.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Belrise Industries' total revenue from operations in Q4 FY26?
Belrise Industries reported total revenue from operations of INR25,528 million in Q4 FY26.
What was Belrise Industries' adjusted PAT for Q4 FY26?
The adjusted PAT for Belrise Industries in Q4 FY26 was INR1,290 million.
What dividend did Belrise Industries declare for FY26?
Belrise Industries declared a final dividend of INR0.55 per share for FY26.
What were Belrise Industries' key growth segments in FY26?
Belrise Industries highlighted strategic growth in the four-wheeler, commercial vehicle, and aerospace/defense segments for FY26.
Did Belrise Industries secure new orders in Q4 FY26?
Yes, Belrise Industries secured new orders for exhaust systems and other components from key OEMs in Q4 FY26.
Questions based on this BSE filing only. For information purposes.