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Belrise Industries Ltd
NSE: BELRISE BSE: 544405
₹216.46
(0.77%)
Mon, 08 Jun 2026, 04:03 pm
Market Cap (in Cr)19274.78
PE Ratio38.31
Dividend0.25
Company History
1996
- Incorporation of our Company as ÂBadve Engineering Private LimitedÂ
1997
- Setup a manufacturing plant in Aurangabad.
2001
- Setup an additional manufacturing plant for a large two-wheeler manufacturing OEM.
2004
- Setup a manufacturing plant in Ranjangaon near Pune.
2007
- Setup a manufacturing plant in Uttarakhand for a large two-wheeler manufacturing OEM.
2008
- Company converted into ÂPublic Limited CompanyÂ
2010
- Ventured into four-wheeler commercial vehicles space for supply of chassis frames (CV)
2011
- Ventured into four-wheeler commercial vehicles parts supply space for Ashok Leyland Limited
2012
- Started supply of chassis to Honda Motors & Scooters India Private Limited and components to VE Commercial Vehicles Limited
- Company reached a turnover of ? 10,000.00 million.
2016
- Achieved a turnover of over ? 25,000.00 million
- Ventured in new product line of suspension systems with acquisition of the suspension division from an international OEM near Pune.
2017
- Setup a manufacturing plant facility for supply of frames and silencer parts, in Gujarat.
- Commenced supply of components to Jaguar Land Rover Automotive PLC (JLR) in Europe.
- Established a wholly owned subsidiary ÂBadve Engineering Trading FZEÂ in Ras Al Khaimah Free Zone, UAE
2022
- Ventured into the EV space with supply of suspension system to EV OEMs.
- Company was rebranded as ÂBelrise Industries LimitedÂ
2023
- Obtained the rights to utilize the technology to manufacture hub motors pursuant to a technology transfer agreement with a prominent Chinese motor manufacturer.
2024
- Ventured into renewable energy products and received an LOI from a major North American solar power company, Nextracker LLC.
- Started supply of Exhaust Systems for a CNG-powered vehicle.
- Entered into a business transfer agreement for transfer of machinery and contracts pertaining to the business to the Company.