Belrise Industries Ltd.
NSE: BELRISEBelrise Industries Ltd.: A 30-second snapshot
BELRISE trades at Rs 232.79, up 85.24% over the past year and 9.16% over the past 3 months, and sits 7.62% below its 52-week high. It carries a trailing PE of 40.68 (forward PE 24.89) - the richest multiple among tracked Auto sector peers - against a quality score of 25/100 that ranks 5th of 6 in that peer set. The company completed a Rs 1,200 crore QIP in July 2026 at a floor price of Rs 230.79/share, near the current market price.
P/E
40.7
Forward P/E
24.9
ROE
+12.5%
Debt / Equity
29.10
Profit Margin
+5.2%
Div. Yield
+0.2%
5Y ROE > 15%
1/5
5Y FCF > 0
3/5
Quality
52/100
News
8 headlines · 4 positive · 0 negative
Belrise Industries QIP raises ₹17,000 million at ₹220 per share - scanx.trade
scanx.trade
Belrise Industries launches ₹1,200 crore QIP; floor price fixed at ₹230.79 per share - CNBC TV18
CNBC TV18
Belrise Industries share price gains after ₹1,200 crore QIP launch - livemint.com
livemint.com
Belrise Industries gains after launching QIP; floor price set at Rs 230.79/share - Business Standard
Business Standard
Cyril Amarchand Mangaldas advises Belrise Industries Ltd. on its INR 17,000 million QIP - SCC Online
SCC Online
Recent context
- ·Belrise Industries completed a Rs 1,200 crore (Rs 17,000 million) QIP in mid-to-late July 2026, with the floor price fixed at Rs 230.79/share - close to the current market price of Rs 232.79.
- ·Coverage of the QIP (scanx.trade, CNBC-TV18, Livemint, Business Standard) between July 14-27, 2026 accounted for the bulk of the 8 tracked news items, with reports noting the stock gained after the launch.
- ·Cyril Amarchand Mangaldas was reported as legal advisor on the QIP (SCC Online, July 27, 2026).
Strengths
- +Debt-to-equity of 29.1 (approximately 0.29x) is on a falling trend per the 5-year persistence data, indicating a comparatively low and declining leverage profile.
- +ROE of 12.52% ranks 2nd of the 3 sector peers with disclosed ROE data, behind Maruti Suzuki's 14.43%.
- +Forward PE of 24.89 is well below the trailing PE of 40.68, implying the consensus estimate embeds earnings growth relative to the current price.
- +Free cash flow was positive in 3 of the tracked years, and news sentiment across the 8 most recent articles skewed positive (4 positive, 4 neutral, 0 negative), largely tied to the July 2026 QIP.
Weaknesses
- −5-year earnings CAGR of -9.4% despite 5-year revenue growth of +12.1%, alongside a thin profit margin of 5.22%.
- −Quality score of 25/100 ranks 5th of 6 in the Auto sector peer set; only 1 of the tracked years showed ROE above 15%, and the consistency score is 60/100.
- −PE of 40.68 is the highest among peers with disclosed multiples (Bajaj Auto 27.4, Eicher Motors 37.2, Maruti Suzuki 30.5, M&M 20.7) despite the below-median quality score.
- −Trading history is limited to 273 bars (roughly 13 months), consistent with a recent listing, so long-horizon technical reads carry a shorter base than for established peers; sector comparison data is also sparse (priceChange1Y unavailable for all 5 peers, ROE for only 2 of 5).
Open questions
- ?Does the capital raised via the QIP at Rs 230.79/share change the outstanding share count and per-share earnings base going forward, and how does that interact with the current 40.68x trailing PE?
- ?What is driving the 5-year earnings CAGR of -9.4% alongside 12.1% revenue growth - input cost inflation, competitive pricing pressure, or one-off items?
- ?With only 273 bars of trading history, how might the current technical picture (price above both 50-DMA and 200-DMA) look once a longer post-listing history accumulates?
- ?How does a quality score of 25/100 and a 5th-of-6 sector ranking reconcile with a PE that is the highest among disclosed Auto peers?
Peer comparison: Auto
Ranks 5 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| BELRISE | Belrise Industries Ltd.You're viewing | 40.7 | +12.5% | 25 |
| Industry avg | across 5 peers | 28.9 | +6.7% | 40 |
| BAJAJ-AUTO | Bajaj Auto Ltd. | 27.4 | — | 57 |
| EICHERMOT | Eicher Motors Ltd. | 37.2 | — | 56 |
| M&M | Mahindra & Mahindra Ltd. | 20.7 | — | 42 |
| MARUTI | Maruti Suzuki India Ltd. | 30.5 | +14.4% | 31 |
| TMPV | Tata Motors Passenger Vehicles Ltd. | — | -1.1% | 16 |
Technical state
Current price
₹232.79
SMA 50
₹229.97
SMA 200
₹192.27
RSI (14)
51.4 (neutral)
From 52w high
-7.6%
1Y return
+85.2%
3M return
+9.2%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- mediumPE of 40.68 (forward PE 24.89) is the highest among Auto sector peers with disclosed multiples (Bajaj Auto 27.4, Eicher Motors 37.2, Maruti Suzuki 30.5, M&M 20.7), while BELRISE's quality score of 25/100 ranks 5th of 6 in the same peer set.
- medium5-year earnings CAGR of -9.4% contrasts with 5-year revenue growth of +12.1%; profit margin sits at 5.22% and only 1 of the tracked years showed ROE above 15% (consistency score 60/100), pointing to margin pressure that has outpaced top-line gains.
- lowSeveral inputs are limited this run: technical history spans 273 bars (~13 months), consistent with a recent listing, so the 1-year price-change (+85.24%) and 200-DMA readings draw on a shorter base than for established peers; sector-peer data is sparse (priceChange1Y unavailable for all 5 tracked peers, ROE available for only 2 of 5); and the analyst consensus rating field is unavailable despite 6 analysts reportedly covering the stock.
- lowThe 8 tracked news items (4 positive, 4 neutral, 0 negative, July 14-27 2026) are concentrated almost entirely around a single event - a Rs 1,200 crore QIP priced at a floor of Rs 230.79/share, close to the current market price of Rs 232.79 - offering limited diversification of news drivers this period.
Cross-section contradictions
- Technical readings show price up 85.24% over 1 year, trading above both the 50-DMA (Rs 229.97) and 200-DMA (Rs 192.27) with only a 7.62% drawdown from the 52-week high, while fundamental readings show a quality score of 25/100 (5th of 6 sector peers) and a 5-year earnings CAGR of -9.4%.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 12 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 31 Jul 2026 · rotates through NIFTY 500 every ~5 days