If you’ve been tracking the Belrise Industries share price (NSE: BELRISE) recently, you’ve witnessed a stock with serious momentum. As of February 4, 2026, the stock is trading around ₹185, up nearly 2.5% in a single session and knocking on the door of its 52-week high of ₹190.10.
But this isn’t just a random spike. Belrise (formerly known as Badve Engineering) is currently in the middle of a massive transformation—merging group companies, acquiring European aerospace assets, and securing major defense contracts. For investors, the question is no longer “What is Belrise?” but rather “How high can this consolidated giant go?”
Key Takeaways for Investors
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Current Momentum: Trading at ₹185.27, up 24% over the last three months.
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Earnings Power: Q3 FY26 Net Profit rose 21% YoY to ₹122 crore.
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The Merger: Completion of the merger with Badve Autocomps and Eximius Infra Tech is expected to add ₹1,000 crore in annual revenue.
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New Frontiers: Entry into European aerospace (via SDM acquisition) and Indian defense (collaboration with Plasan Sasa).
The Q3 FY26 Earnings Breakout
The market’s bullishness on the Belrise Industries share price is firmly backed by its latest unaudited results. The company is proving that it can grow its bottom line faster than its top line—a hallmark of increasing operational efficiency.
Revenue and Profitability
For the quarter ended December 31, 2025, Belrise reported a consolidated revenue of ₹2,341 crore, up 8% year-on-year. While revenue growth was steady, the Profit Before Tax (PBT) surged by 36% to ₹177.5 crore. This margin expansion is largely due to a shift toward higher-value “powertrain-neutral” products, which now account for 74% of their manufacturing revenue.
Strategic Acquisitions
During the quarter, Belrise made its first overseas move by acquiring SDM, a European aerospace components manufacturer. While the price tag was small (€0.35 million), the strategic entry into the global aerospace supply chain provides a multi-year growth runway that the market is just beginning to price in.
Technical Outlook: Targeting the All-Time High
From a technical perspective, the Belrise Industries share price is in a classic “Uptrend.” The stock has successfully reclaimed its 50-day and 100-day moving averages and is currently consolidating just below its peak.
| Technical Level | Price (₹) | Significance |
| 52-Week High | 190.10 | The ultimate breakout point. |
| Immediate Resistance | 186.50 | Recent intraday hurdle. |
| Primary Support | 168.50 | 50-Day Moving Average zone. |
| Safety Floor | 155.25 | Major accumulation zone. |
Pro Tip: Watch the volume on a break above ₹190. A high-volume breakout here could target the ₹218 – ₹250 range by the end of 2026, according to consensus analyst forecasts.
The Group Merger: A Game Changer
The biggest catalyst for Belrise in 2026 is the amalgamation of Badve Autocomps and Eximius Infra Tech.
Why does this matter for the share price?
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Revenue Accretion: It brings nearly ₹1,000 crore of existing business under the listed entity.
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Related-Party Reduction: It simplifies the corporate structure, which typically leads to an institutional “re-rating” of the stock.
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Content Per Vehicle: By combining polymer and sheet metal capabilities, Belrise can sell more components to existing OEMs like Bajaj Auto and Honda.
People Also Ask (FAQs)
1. Why is Belrise Industries share price rising?
The stock is rising due to strong Q3 FY26 earnings growth (21% PAT jump), the successful completion of a group-wide merger, and its recent expansion into high-margin aerospace and defense sectors.
2. What is the target price for Belrise Industries in 2026?
Average analyst forecasts currently set a 12-month price target of ₹218, with aggressive estimates reaching as high as ₹251, provided the merger synergies are realized by H2 FY27.
3. Does Belrise Industries pay dividends?
Yes. The company recently declared a final dividend of ₹0.55 per share in August 2025. While the yield is currently low (~0.3%), the payout is expected to grow as profit margins stabilize post-merger.
The Verdict: A Structural Growth Story
The Belrise Industries share price is currently reflecting a company that has matured from a local supplier to a global engineering platform. While the stock isn’t “cheap” at a P/E of 31x, its 25%+ projected annual earnings growth makes it a compelling pick for those betting on India’s manufacturing and defense localization themes.
