Belrise Industries Limited (BIL) reported audited consolidated results for the quarter and year ended 31 March 2026. Total revenue for the quarter was Rs 25,528.3 mn, up 12.2 per cent year on year, and full year revenue was Rs 95,091.0 mn, up 14.7 per cent. Adjusted profit after tax for the quarter was Rs 1,289.5 mn and Rs 5,020.0 mn for the year, representing rises of 17.2 per cent and 41.2 per cent respectively, while EBITDA for the year was Rs 11,537.7 mn, supporting stable operating margins.

Manufacturing revenue rose to Rs 21,763 mn in the quarter, up 21 per cent, and to Rs 77,346 mn for the year, up 17 per cent. Manufacturing EBITDA was Rs 2,800 mn in the quarter and Rs 10,577 mn for the year, with manufacturing EBITDA margins at 13.0 per cent and 13.7 per cent. The group recorded a one-time operational loss of Rs 94.7 mn in its aerospace subsidiary due to start-up and integration costs related to a recent acquisition.

BIL completed the acquisition of Chester Hall Precision Engineering in the United Kingdom for £13.2 million; Chester Hall reported revenues above £18.5 million in calendar 2025 and EBITDA of about £2.1 million, implying a valuation near six times EBITDA. The acquired business supplies aero engine and satellite components to major original equipment manufacturers and specialises in ultra-precision machining. Management said the assets, together with an earlier French acquisition, are intended to deepen export-led aerospace capabilities and management is in advanced discussions to transfer portions of subcontracted manufacturing to India to leverage cost and engineering advantages.

On orders, the company secured a programme with a fast-growing two/three-wheeler OEM for exhaust systems and fuel tanks to be produced from a brownfield expansion in Bangalore from Q2 FY27. A major contract with a Japanese OEM is expected to deliver peak annual revenues of Rs 2.2 bn from Q4 FY27. Content per vehicle improved materially, by around 65 to 70 per cent in two-wheelers and around 40 to 45 per cent in four-wheelers and commercial vehicles, while the board approved an internal merger to simplify the group structure and the company signalled a focus on sustainable growth and operational resilience.