Belrise Industries Limited

All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.

{"note":"Total fresh issue proceeds of ₹21,500 million (₹2,150 crore); specific use of proceeds not detailed in extracted sections","amount":"2150","purpose":"Net Proceeds from Fresh Issue"}

Large-scale manufacturing presence with 17 facilities across multiple states in India

Strong relationships with leading OEM customers in the two-wheeler and four-wheeler automotive segments

Diversified product portfolio spanning sheet metal, polymer, suspension and EV components

Long operating history since 1996 with experienced promoter group

Growing focus on EV components positioning the company for future automotive industry transition

Established quality certifications and regulatory approvals supporting customer trust

Shareholding Pattern

Seven out of 17 manufacturing facilities located in Maharashtra, posing regional concentration risk

Revenue from top 10 customers comprises 63.82% of revenue for 9M FY25, creating customer concentration risk

Significant related party transactions with group companies that may not always be on arm's length terms

Inability to maintain capacity utilization could adversely affect margins and profitability

Contractual arrangements with OEM customers are generally requirement contracts susceptible to termination

Fluctuations in raw material prices and supply disruptions could adversely affect operations

Heavy dependence on two-wheeler segment (64.56% of revenue for 9M FY25) creating segment concentration risk

High total borrowings of ₹25,998 million as at December 31, 2024 leading to significant interest burden

Pricing pressure from OEM customers may adversely affect profitability

Manufacturing facilities subject to periodic regulatory inspections that may result in adverse observations