Belrise Industries Share Price Target 2024, 2025, 2030, 2040, 2050
Belrise Industries Ltd, founded in 1988, is a leading automotive parts maker in India. They produce sheet metal, plastic, suspension, and EV parts for various vehicles. With 15 factories and a global presence, they cater to clients like Bajaj, Honda, and Royal Enfield. The company has a strong footprint in 2-wheeler metal parts. Belrise is expanding its manufacturing to meet growing demand, especially for electric vehicles. It’s focusing on high-value components and EV-specific products like motors and chargers.

This blog will provide the details of Belrise Industries Share Price targets as far as 25 years from now (2025 – 2050) based on its fundamentals, market position, and growth potential.
What is Belrise Industries Ltd NSE: BELRISE?
Belrise Industries Limited (formerly Badve Engineering) is a leading automotive component manufacturer in India. With a robust presence in sheet metal, polymer, and casting components, the company serves top OEMs such as Bajaj, Hero, Honda, Tata, and Mahindra. Belrise is also making significant moves in the electric vehicle (EV) and renewable energy sectors, supporting its future growth trajectory. The company’s consistent focus on innovation, expansion, and operational efficiency positions it well in India’s rapidly evolving auto industry.
Fundamentals
Parameter | Value |
---|---|
Market Cap (₹ Cr.) | 8,188 |
High / Low (₹) | 103 / 89.2 |
Stock P/E | 29.1 |
Dividend Yield (%) | 0.00 |
ROCE (%) | 12.9 |
ROE (%) | 13.4 |
Face Value (₹) | 5.00 |
Industry PE | 27.6 |
Net Profit (₹ Cr.) | 295 |
Debt (₹ Cr.) | 2,254 |
Current Liabilities (₹ Cr.) | 1,968 |
Current Assets (₹ Cr.) | 2,689 |
Debt to Equity | 1.00 |
EPS (₹) | 4.54 |
Promoter Holding (%) | 73.0 |
Net Cash Flow (₹ Cr.) | 62.6 |
PBT (₹ Cr.) | 358 |
Peer Comparison
Name | P/E | Market Cap (₹ Cr.) | Div Yld (%) | NP Qtr (₹ Cr.) | Sales Qtr (₹ Cr.) | ROCE (%) |
---|---|---|---|---|---|---|
Samvardh. Mothe. | 27.85 | 105,931 | 0.57 | 1,115.38 | 29,316.83 | 13.94 |
Bosch | 45.98 | 92,527 | 1.20 | 553.70 | 4,910.60 | 21.11 |
Schaeffler India | 63.54 | 64,519 | 0.68 | 265.41 | 2,110.02 | 25.67 |
Bharat Forge | 60.26 | 60,692 | 0.71 | 282.63 | 3,852.60 | 13.09 |
Uno Minda | 62.91 | 58,947 | 0.22 | 289.24 | 4,528.32 | 18.88 |
Tube Investments | 86.41 | 58,605 | 0.12 | 158.19 | 5,149.96 | 21.55 |
Endurance Tech. | 40.82 | 33,757 | 0.35 | 245.13 | 2,963.49 | 18.21 |
Belrise Industries | 29.10 | 8,188 | 0.00 | 91.36 | 1,780.07 | 12.86 |
Period | Share Price (INR) |
---|---|
All-Time Max | ₹103 |
Belrise Industries is likely to see modest growth tomorrow thanks to good demand for its automotive and EV parts. Its solid order book and plans for electric vehicles support this view. Still, there are challenges in the market and sector that could limit how much the stock actually moves up in the short term. The price may fluctuate tomorrow, but the long-term growth potential remains strong.
Day | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
Tomorrow | -4 from today’s price | +8.4 from today’s price |
BELRISE Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase BELRISE and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
Belrise Industries continues to benefit from strong demand in the automotive sector, with rising orders from EV manufacturers and consistent expansion of its product range. Its recent capacity additions and partnerships have improved its operational efficiency.
Our analysis shows that the share price is expected to be between Rs 65 and Rs 175.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2025 | 65 | 175 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
May | 65 | 110 |
June | 70 | 120 |
July | 72 | 125 |
August | 68 | 130 |
September | 75 | 140 |
October | 85 | 150 |
November | 100 | 165 |
December | 120 | 175 |
With continued investments in technology, automation, and green initiatives, Belrise is likely to see margin improvements in 2026. Expanding its global client base, especially in the EV space, should further support top-line growth.
Our analysis shows that the share price is expected to be between Rs 135 and Rs 265.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2026 | 135 | 265 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 135 | 185 |
February | 145 | 195 |
March | 150 | 200 |
April | 155 | 210 |
May | 160 | 215 |
June | 165 | 225 |
July | 175 | 240 |
August | 180 | 245 |
September | 190 | 250 |
October | 200 | 255 |
November | 210 | 260 |
December | 225 | 265 |
As Indian and global automotive demand picks up pace, Belrise’s diverse product portfolio and presence in emerging segments (like battery enclosures, lightweight frames, etc.) are expected to drive growth. Increasing exports can provide further upside.
Our analysis shows that the share price is expected to be between Rs 225 and Rs 465.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2027 | 225 | 465 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 225 | 275 |
February | 235 | 290 |
March | 245 | 305 |
April | 255 | 325 |
May | 265 | 340 |
June | 275 | 355 |
July | 285 | 370 |
August | 295 | 385 |
September | 310 | 400 |
October | 325 | 420 |
November | 345 | 440 |
December | 365 | 465 |
By 2028, Belrise could emerge as a key supplier for the Indian EV market, leveraging new joint ventures and R&D in lightweight, sustainable materials. Improving operating leverage and capacity utilization are expected to boost profitability.
Our analysis shows that the share price is expected to be between Rs 382 and Rs 575.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2028 | 382 | 575 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 382 | 420 |
February | 395 | 435 |
March | 405 | 450 |
April | 415 | 465 |
May | 425 | 480 |
June | 440 | 495 |
July | 455 | 510 |
August | 465 | 525 |
September | 475 | 540 |
October | 490 | 555 |
November | 505 | 565 |
December | 525 | 575 |
The company’s strategy of targeting international clients and diversifying into next-gen mobility solutions should bear fruit by 2029. Further, government incentives for Make in India and the EV ecosystem may enhance earnings.
Our analysis shows that the share price is expected to be between Rs 530 and Rs 747.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2029 | 530 | 747 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 530 | 580 |
February | 545 | 600 |
March | 560 | 620 |
April | 575 | 640 |
May | 590 | 660 |
June | 605 | 680 |
July | 620 | 695 |
August | 635 | 710 |
September | 650 | 725 |
October | 670 | 735 |
November | 690 | 740 |
December | 710 | 747 |
With multiple large-scale projects commissioned and global partnerships in place, Belrise may see a re-rating. Increasing focus on green technologies and automation will help maintain margins.
Our analysis shows that the share price is expected to be between Rs 670 and Rs 885.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2030 | 670 | 885 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 670 | 715 |
February | 685 | 730 |
March | 700 | 750 |
April | 715 | 770 |
May | 730 | 790 |
June | 745 | 810 |
July | 760 | 825 |
August | 775 | 840 |
September | 790 | 855 |
October | 805 | 870 |
November | 825 | 880 |
December | 845 | 885 |
Belrise could become a major global player in auto components, not just in India. Expansion into allied sectors (energy storage, advanced composites, international acquisitions) can drive significant long-term value.
Our analysis shows that the share price is expected to be between Rs 1748 and Rs 2175.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2040 | 1748 | 2175 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 1748 | 1800 |
February | 1760 | 1825 |
March | 1780 | 1850 |
April | 1800 | 1875 |
May | 1820 | 1900 |
June | 1840 | 1925 |
July | 1860 | 1950 |
August | 1880 | 1975 |
September | 1900 | 2000 |
October | 1920 | 2050 |
November | 1940 | 2100 |
December | 1960 | 2175 |
Assuming continued innovation, successful diversification, and sustained global demand for high-quality auto and mobility components, Belrise’s long-term valuation can rise substantially. By this period, leadership in sustainability and tech could place the company among global auto giants.
Our analysis shows that the share price is expected to be between Rs 3465 and Rs 3895.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2050 | 3465 | 3895 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
January | 3465 | 3500 |
February | 3480 | 3525 |
March | 3500 | 3550 |
April | 3520 | 3580 |
May | 3550 | 3620 |
June | 3570 | 3650 |
July | 3600 | 3680 |
August | 3620 | 3710 |
September | 3650 | 3740 |
October | 3680 | 3780 |
November | 3720 | 3830 |
December | 3750 | 3895 |
Year | Minimum Price (Rs) | Maximum Price (Rs) |
---|---|---|
2025 | 65 | 175 |
2026 | 152 | 310 |
2027 | 225 | 465 |
2028 | 382 | 575 |
2029 | 530 | 747 |
2030 | 670 | 885 |
2040 | 1748 | 2175 |
2050 | 3465 | 3895 |
Category | May 2025 |
---|---|
Promoters | 73.01% |
FIIs | 5.35% |
DIIs | 8.07% |
Public | 13.56% |
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Should I Buy Belrise Industries Stock?
Belrise Industries is positioned as a growth stock in the Indian auto component sector, with strong exposure to the EV and mobility revolution. Its consistent financial performance, reputable client list, and investments in technology and sustainability are positives for long-term investors.
Belrise Industries Ltd Earning Results (Financials)
Parameter | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|---|
Sales (₹ Cr) | 6,033 | 5,395 | 4,897 | 4,007 | 3,828 |
Expenses (₹ Cr) | 5,189 | 4,597 | 4,170 | 3,438 | 3,289 |
Operating Profit (₹ Cr) | 844 | 798 | 728 | 569 | 539 |
OPM % | 14% | 15% | 15% | 14% | 14% |
Other Income (₹ Cr) | 62 | 38 | 25 | 28 | 36 |
Interest (₹ Cr) | 227 | 217 | 215 | 197 | 163 |
Depreciation (₹ Cr) | 321 | 306 | 245 | 206 | 177 |
Profit before tax (₹ Cr) | 358 | 313 | 293 | 194 | 234 |
Tax % | 17% | 13% | 16% | 10% | 2% |
Net Profit (₹ Cr) | 295 | 271 | 247 | 175 | 230 |
EPS (₹) | 4.54 | – | – | – | – |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Expert Forecasts on The Future of Belrise Industries Ltd.
Analysts believe the company will continue to grow, helped by strong orders and the shift toward electric vehicles (EVs). However, experts caution that ongoing innovation, staying competitive globally, and managing new projects and profit margins well are crucial for sustained success.
Is Belrise Industries Stock Good to Buy? (Bull case & Bear case)

Bullish Case:
- Rapid EV adoption and green mobility boost demand for new components
- Entry into new global markets and OEM contracts
- Margin improvement from automation, R&D, and scale
- Strong government and industry support for Make in India
Bearish Case:
- Auto sector slowdown due to macroeconomic factors
- Margin pressure from commodity prices or supply chain issues
- Delays in ramping up new projects or international expansion
- Increased competition from global and local players
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Conclusion
Belrise Industries is set to do well as the world moves more towards electric vehicles (EVs) and automation. It has good relationships with clients, keeps innovating, and works in different areas, which all help its growth. For investors who want to invest in India’s growing auto and EV sector, Belrise could be a good choice. However, since this industry can be tough and always changing, it’s smart to watch how well the company keeps up and manages its costs. If you’re considering an investment, you should read the full article for details about the company’s performance and future stock projections.