Synopsis:
Belrise Industries Ltd came into focus after a major bulk deal, in which S R Foundation bought 0.50 % stake in the company.
A small-cap automotive component manufacturing company is in the spotlight today after large bulk deal transactions were completed on the stock exchanges on August 1. These variations show how the market and investors felt about the significant buying and selling that took place during that time.
With a market capitalization of Rs. 12,504 crore, Belrise Industries Ltd is trading at Rs. 140.51, down by 0.42 percent from its previous close of Rs. 141.09. The stock touched an intraday high of Rs. 143.80 in today’s trading session gaining 1.92 percent from previous close.
What’s the deal?
As per the latest bulk deal on NSE, S R Foundation has bought 44.75 lakh shares of Belrise Industries Ltd worth ~Rs. 63.36 crore at an average price of Rs. 141.58. This transaction represents a 0.50 percent stake in the company.
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About the company
Belrise Industries Limited (BIL) is a major Indian automotive component manufacturer, with a 24% market share in two-wheeler metal components. It provides 1,000+ products, including chassis, exhaust, and suspension systems.
BIL operates 17 factories in nine states, collaborates with 30 OEMs, and exports to countries including Austria, the United Kingdom, Japan, and Thailand. Approximately 73% of its products are powertrain agnostic, and it is establishing itself as a Tier-0.5 supplier through proprietary products.
The company’s revenue for FY2024–2025 increased by 10.78 percent year over year from Rs. 7,484 crore to Rs. 8,291 crore. Whereas, net profit increased by 14.15 percent from Rs. 311 crore to Rs. 355 crore.
At the movement company is trading at a price-to-earnings (P/E) ratio of 35.2 which is higher than industry P/E of 29.5x. A return on equity (ROE) of about 14.1 percent and a return on capital employed (ROCE) of about 14.3 percent demonstrate the company’s financial position. The debt-to-equity ratio of the company stands at 1.10.
Written by Akshay Sanghavi
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