Belrise Industries Limited has submitted its Key Performance Indicators (KPIs) for the quarter ended March 31, 2026, and the full fiscal year 2026, in compliance with SEBI LCDR Regulations and Regulation 30 of SEBI LODR Regulations. The disclosure is based on consolidated financials.

Financial Performance (Quarter Ended March 31, 2026 vs March 31, 2025)

  • Revenue from Operations: ₹25,528.30 million (Q4 FY26) vs ₹22,743.48 million (Q4 FY25), representing growth of 12.24%
  • EBITDA: ₹2,901.29 million (Q4 FY26) vs ₹2,759.79 million (Q4 FY25)
  • EBITDA Margin: 11.36% (Q4 FY26) vs 12.10% (Q4 FY25)
  • Profit After Tax: ₹1,289.53 million (Q4 FY26) vs ₹1,100.17 million (Q4 FY25)
  • PAT Margin: 5.10% (Q4 FY26) vs 4.80% (Q4 FY25)
  • Return on Average Equity (RoAE): 12.89% (Q4 FY26) vs 17.43% (Q4 FY25)
  • Return on Average Capital Employed (RoACE): 14.26% (Q4 FY26) vs 15.67% (Q4 FY25)

Financial Performance (Full Fiscal Year)

  • Revenue from Operations: ₹95,091.02 million (FY26) vs ₹89,908.16 million (FY25) vs ₹74,842.41 million (FY24)
  • Revenue Growth: 14.69% (FY26) vs 10.78% (FY25) vs 13.70% (FY24)
  • EBITDA: ₹11,537.68 million (FY26) vs ₹10,402.62 million (FY25) vs ₹9,383.63 million (FY24)
  • EBITDA Margin: 12.13% (FY26) vs 12.55% (FY25) vs 12.54% (FY24)
  • Profit After Tax: ₹4,968.60 million (FY26) vs ₹3,554.43 million (FY25) vs ₹3,108.79 million (FY24)
  • PAT Margin: 5.23% (FY26) vs 4.29% (FY25) vs 4.15% (FY24)
  • Return on Average Equity (RoAE): 12.30% (FY26) vs 14.12% (FY25) vs 14.18% (FY24)
  • Return on Average Capital Employed (RoACE): 14.71% (FY26) vs 14.85% (FY25) vs 14.83% (FY24)

Revenue Breakdown by Vehicle Type (Q4 FY26)

  • 2-Wheeler: 80.25% of manufacturing revenue
  • 3-Wheeler: 2.97% of manufacturing revenue
  • 4-Wheeler (Passenger): 8.41% of manufacturing revenue
  • 4-Wheeler (Commercial): 6.19% of manufacturing revenue
  • Others: 2.18% of manufacturing revenue

Revenue Breakdown by Vehicle Type (Full Year)

  • 2-Wheeler: 78.81% (FY26) vs 81.27% (FY25) vs 78.54% (FY24)
  • 3-Wheeler: 3.16% (FY26) vs 3.55% (FY25) vs 3.31% (FY24)
  • 4-Wheeler (Passenger): 8.34% (FY26) vs 7.26% (FY25) vs 5.23% (FY24)
  • 4-Wheeler (Commercial): 5.17% (FY26) vs 4.43% (FY25) vs 6.22% (FY24)
  • Others: 4.52% (FY26) vs 3.48% (FY25) vs 7.32% (FY24)

Geographic Revenue Mix (Q4 FY26)

  • India: 80.94% of total revenue
  • International: 19.06% of total revenue

Geographic Revenue Mix (Full Year)

  • India: 76.89% (FY26) vs 74.94% (FY25) vs 77.09% (FY24)
  • International: 23.11% (FY26) vs 25.06% (FY25) vs 22.91% (FY24)

Operational Metrics

  • Total Number of Manufacturing Plants: 24 (FY26) vs 17 (FY25) vs 15 (FY24)

Disclosure Notes

  • All quarterly RoAE and RoACE figures are annualized
  • Vehicle type revenue breakdown is presented as a percentage of manufacturing revenue
  • Revenue from Operations includes Sales from operations and Other related operating income
  • Revenue Growth % is calculated as (Current year revenue - Previous year revenue) / Previous year revenue
  • EBITDA is calculated as Profit Before Tax (before exceptional items) + Depreciation + Amortization + Finance Costs - Other Income
  • PAT Margin = Profit After Tax / Revenue from Operations
  • RoAE = Profit After Tax / Average Equity (tangible networth)
  • RoACE = Operating Profit Before Interest and Taxes / Average Capital Employed
  • The disclosure has been made available on the company's website under the 'Investor Relations' tab