Belrise Industries shares surge 7% after Q4 profit jumps over 5-fold
Belrise Industries' shares surged nearly 7% following a robust Q4FY25 earnings report, showcasing a 574% jump in net profit to ₹110.02 crore. Revenue climbed 49% to ₹2,274 crore, with EBITDA rising 54.4%. Since its May 28 listing, the stock has gained momentum after a heavily subscribed IPO.
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Shares of recently-listed Belrise Industries climbed as much as 6.9% to Rs 108.98 on the BSE on Monday, buoyed by strong March quarter earnings that saw the company post a more than five-fold rise in net profit The automotive components manufacturer reported a net profit of Rs 110.02 crore for the quarter ended March 31, 2025, a sharp 574% jump from Rs 16.3 crore in the same period last year. Revenue for the quarter rose 49% year-on-year to Rs 2,274 crore, compared to Rs 1,526 crore a year earlier.Earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 276 crore, up 54.4% from Rs 178.6 crore in Q4FY24. The company's operating margin expanded to 12.13% from 11.7% in the year-ago quarter.The stock has gained momentum since its listing on May 28, when it closed with a premium of over 8% to its issue price of Rs 90. The Rs 2,150-crore initial public offering ( IPO ) had received strong investor interest, being subscribed 41.30 times. The offer had a price band of Rs 85–90 per share.As of March 31, 2024, Belrise Industries held a 24% market share in the two-wheeler metal components segment in India by revenue, placing it among the top three players in the category. With rising product sales and a growing international footprint, the company has demonstrated consistent revenue growth.Its diverse product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems.Belrise Industries maintains 'a long-standing relationship with customers, including prominent multinational OEMs such as Bajaj Auto , Honda Motorcycle & Scooter India, Hero MotoCorp , Jaguar Land Rover and Royal Enfield Motors.' The company also supplies to VE Commercial Vehicles, Tata Motors , and Mahindra.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
5 minutes ago
- Time of India
NRI bought a Hyderabad flat for Rs 64 lakh in 2010. Now has a Rs 1.8 crore regret. Shares lessons
For many NRIs, buying property in India feels like a natural step—financially prudent, emotionally satisfying, and culturally rooted. But when the numbers are finally crunched, the results can often be sobering. One NRI couple's experience with a Hyderabad flat they bought in 2010 offers a clear example of how real estate investments, especially from abroad, can underdeliver over time. Despite making what looked like a smart move back then, the couple now admits it cost them far more in missed opportunities, currency losses, and peace of mind. In 2010, an NRI couple made what they believed was a sound investment—a Rs 64 lakh 3BHK apartment in Hyderabad's Nanakramguda area. The idea was simple: put money into a growing city, wait for appreciation, and enjoy some rental income. Fifteen years later, the property was sold for Rs 90 lakh. But when they looked at the bigger picture, especially in U.S. dollar terms, they were left with a disappointing return. The story was shared on the subreddit, rupeestories. A Seemingly Profitable Exit on Paper The couple had purchased the flat in the Mantri Celestia complex and paid the builder Rs 59.34 lakh over nine years through staggered EMIs. An additional Rs 5 lakh was spent on woodwork and repairs. Possession was delayed until 2019, and they finally sold the apartment in 2024 for Rs 90 lakh. After deducting realtor fees and capital gains tax, they were left with Rs 84.9 lakh in hand. On paper, that appeared to be a profit of nearly Rs 21 lakh. Add to this Rs 7.2 lakh in post-tax net rental income from 2019–2024, and the overall gain stood at about Rs 28.9 lakh in INR. The Dollar Math Tells a Different Story When converted to dollars, however, the picture turned grim. Due to rupee depreciation—from around Rs 45/$ in 2010 to roughly Rs 85/$ in 2024—their total returns shrank dramatically. Their original Rs 64.34 lakh investment was around $111,740 in dollar terms. After 15 years, they walked away with only about $120,000 (including rent and sale proceeds), making the actual profit roughly $8,500. That's a 0.5% annualised return in USD. Had the same amount been invested steadily in an S&P 500 index fund like SPY over the same period, the couple calculated they could have accumulated over $330,000. Instead, they ended up with just $120,000—an opportunity cost of over $210,000 (approx. Rs 1.8 crore). The regret wasn't just about the missed money, but also the lost time and mental energy that went into maintaining the flat, dealing with tenants, chasing rent, handling repairs, and navigating taxes and paperwork from abroad. Low Rental Yield and Liquidity Challenges Over five years, the flat earned Rs 12 lakh in rent, which after taxes and maintenance, dropped to Rs 7.2 lakh. That translated to a gross rental yield of around 2.25%, far below the 3.5%–5% net yield many experts believe NRIs should target to make real estate in India worthwhile. On top of that, the flat did not appreciate as expected. Despite being located in a much-hyped "IT corridor," Nanakramguda didn't develop into the next Hitech City as projected. Liquidity too was an issue—the flat didn't sell quickly, highlighting the difficulty in offloading Indian real estate when you truly need funds. Key Takeaways from a Costly Lesson Reflecting on the entire experience, the NRI investor laid out some hard-earned lessons: Currency risk significantly impacts NRI investments. A decent return in INR may translate to poor growth in USD. Opportunity cost is often overlooked. U.S. index funds can quietly outperform Indian real estate in the long run. Liquidity and yield are more important than speculative capital gains. Buying based on hype rather than fundamentals can lead to underwhelming outcomes. Detailed, USD-adjusted math should always be run before buying property in India. Gurgaon Manager's Warning This story isn't unique. A Gurgaon-based manager recently shared a similar experience on social media. Someone he knew had bought a 3BHK apartment in a Tier II city for Rs 70 lakh in 2022. Two years later, they managed to sell it for just Rs 75 lakh. Once taxes and transaction costs were considered, the net gain was almost negligible. In fact, as the manager pointed out, a simple fixed deposit in a bank over the same period would have offered better returns—without the stress of property upkeep, paperwork, or market uncertainty. The Hyderabad flat story is one of many emerging from NRIs and domestic investors alike. These accounts reinforce a common theme: Indian real estate, while emotionally appealing and once seen as a 'safe' investment, doesn't always deliver strong returns—especially after adjusting for currency risk, taxes, and missed alternative gains. Whether in Tier I metros or smaller towns, real estate investments need sharper scrutiny today. As the NRI investor candidly put it: this isn't about being anti-property—it's about being pro-math.
United News of India
11 minutes ago
- United News of India
Odisha CM urges newly recruited Government employees to uphold integrity
Bhubaneswar, June 16 (UNI) Odisha Chief Minister Mohan Charan Majhi on Monday urged newly recruited government employees to work with determination, remain above corruption, and ensure the effective implementation of all government welfare programmes. Addressing a recruitment fair organized to fill 964 posts across five government departments, Majhi emphasised the government's commitment to harnessing the energy, potential, and enthusiasm of the youth for the state's development and welfare. At the recruitment fair, appointments were made to 563 posts in the Works Department, 62 in the Water Resources Department, 117 in the Panchayati Raj and Drinking Water Department, 204 in the Housing and Urban Development Department, and 18 in the Food Supplies and Consumer Welfare Department. The posts included Junior Engineer, Junior Enforcement Officer, Tracer, Legal Metrology Inspector, and Junior Accountant. Congratulating the newly appointed employees, the Chief Minister expressed hope that they would serve with dedication, address public concerns, and strive to meet the aspirations of the people, considering themselves as true public servants. He noted that since the new government assumed office, significant employment opportunities have been created in both government and private sectors — a stark contrast to the slow pace of the past few years. 'The government has set a target to fill 1.5 lakh government posts over the next five years. So far, 28,346 government jobs have been provided, which is a historic achievement for us,' Majhi said. He further stated that, beyond the public sector, 45,000 youths have also been employed in the private sector in the government's first year in office. Referring to the state's flagship initiative, the Chief Minister said, 'Under Utkarsha Odisha 2025, 12.90 lakh employment opportunities have been generated across 16 sectors with an investment of Rs.17 lakh crore. In the past five months alone, 56 industrial units have either been inaugurated or had their foundation stones laid, creating 1.10 lakh job opportunities.' On this occasion, Food Supplies and Consumer Welfare Minister Krishnachandra Patra, Housing and Urban Development Minister Dr. Krishnachandra Mahapatra, Panchayati Raj and Drinking Water Minister Ravi Narayan, and Works Minister Prithviraj Harichandan also congratulated and welcomed the new recruits. UNI DP BM
India.com
13 minutes ago
- India.com
2025 Honda XL750 Transalp Launched - Price, Bookings, Features And Specs
2025 Honda XL750 Transalp Details: Honda Motorcycle & Scooter India (HMSI) launched the new XL750 Transalp at Rs 10,99,990 (ex-showroom, Gurugram, Haryana). It will be available through all BigWing dealerships across India. Bookings are now open with deliveries commencing from July 2025 onwards. The new XL750 Transalp will be available in two colour options: Ross White and Graphite Black. 2025 Honda XL750 Transalp Features In terms of equipment, it gets a new 5.0-inch full colour TFT screen that uses optical bonding to improve visibility in bright sunlight. The XL750 Transalp features Honda RoadSync app connectivity, through a simplified, easy-to-use, backlit, four-way toggle-switch on the left side of the handlebar, enabling riders to receive calls & SMS alerts, access turn-by-turn navigation, and control music & voice commands on the go. 2025 Honda XL750 Engine 2025 XL750 Transalp gets a 755cc liquid-cooled, parallel-twin engine, delivering a power output of 67.5 kW at 9,500 RPM and a peak torque of 75 Nm at 7,250 RPM. The engine is paired with a 6-speed gearbox. It comes with 5 riding modes: Sport, Standard, Rain, Gravel, and User. It is also equipped with ABS and an assist slipper clutch. The XL750 Transalp rides on 21-inch front and 18-inch rear spoke wheels. This adventure tourer is equipped with Showa 43mm upside-down (USD) front forks and rear shock operating through Pro-Link. Braking duties are performed by dual 310mm wave discs with hydraulic 2-piston calipers at the front and a 256 mm single disc with 1-pot caliper at the rear, with dual-channel ABS as standard. Commenting on the launch, Yogesh Mathur, Director, Sales and Marketing, HMSI, said, "With the introduction of the updated XL750 Transalp, we are raising the bar for adventure touring in India. Bookings are now open, and we look forward to commencing deliveries from July 2025 onwards."
