Belrise Industries Ltd

Dematerialisation status

• Dematerialisation requests for the quarter ended 30 September 2026 were confirmed to the depositories.
• Securities on dematerialisation certificates have been listed on the stock exchanges where the earlier securities are listed.
• Received dematerialisation certificates were mutilated and cancelled after due verification.
• Depositories' names were substituted as registered owner in the records within prescribed timelines.

Belrise Industries Limited — Trading window closed from Oct 1, 2026 till the completion of 48 hours after the conclusion of the board meeting to approve unaudited standalone and consolidated results for the quarter and half-year ended Sep 30, 2026

Meeting Details

• Date & time: September 16, 2026, 10:00 AM to 6:00 PM.
• Nature: 1x1 and group meetings (in-person).
• Organised by: Jefferies.
• Venue: Gurugram.
• Participants: Company officials (management) to attend.
• Purpose: Investor conference discussions based on publicly available information.

Overview

• Standalone BRSR for Belrise Industries Ltd for FY ended 31 March 2026.
• Main activity: auto components; manufacture of parts for two-/three-wheelers and commercial vehicles.
• 90% of turnover from auto components; OEM supplies domestically and internationally.
• Reporting boundary is standalone on a voluntary basis; no core assurance.
• Markets served: 28 Indian states and 5 international markets; exports ~5.5% of turnover.
• CSR applicable; CSR turnover Rs 75.28 billion; net worth Rs 50.84 billion.
• Six wholly owned subsidiaries; Chester Hall becomes step-down subsidiary from April 2026.
• Total locations: 20 plants and 5 offices nationwide.

Key ESG Risks & Opportunities

• Material ESG risks and opportunities identified: energy, water, waste, climate, OHS, labor practices.
• Energy & GHG: renewable energy adoption; carbon footprint monitoring.
• Target: source 40% energy from renewables by FY2028-29.
• Water & effluent: water recycling, rainwater harvesting, ZLD facilities.
• Waste management: segregation, recycling, and circular economy initiatives.
• OHS: strengthen safety framework, audits, training; ISO 45001.

Governance & Policy Highlights

• Board oversight: BR implementation rests with the Board; ESG Steering Committee guides policy.
• No separate sustainability committee; BR governance via Directors and executive management.
• Policy suite includes anti-bribery/anti-corruption; board-approved; policy available online.
• Policies translated into procedures; extend to value chain partners.
• NGRBC reviews by directors; quarterly reviews undertaken.
• No external assurance for core BRRS; no penalties reported.

Social Responsibility & Workforce

• Total employees: 1,798; total workers: 5,149; overall workforce 5,949 across categories.
• Board female representation: 28.57%; Key Management Personnel female share: 25%.
• LTIFR is 0.00 for both employees and workers; total injuries: 2; no fatalities.
• PF/Gratuity/ESI coverage: 100% for employees and workers.
• Training: 41.38% of employees receive health/safety training; 30.42% HR training.
• Grievance mechanisms including POSH; confidential channels; zero retaliation.

Environmental Performance

• Energy use: total 277,531.60 GJ; renewables 40,491.02 GJ; non-renewables 237,040.58 GJ.
• GHG emissions: Scope 1 5,643.18 tCO2e; Scope 2 29,320.91 tCO2e.
• Water: withdrawal 233,128.60 kl; consumption 153,147.18 kl.
• Waste: total 14,063.75 tonnes; 109.49 t recycled; 11,970.61 t disposed.
• EPR in place; waste plan aligned with Pollution Control Boards.
• Certifications: ISO 9001:2015 and IATF 16949:2016 across plants.

Stakeholder Engagement & Complaints

• Stakeholders include employees/workers, customers, suppliers, communities, and government.
• Engagement channels: email, meetings, audits; frequency: daily to as required.
• Complaints: 267 working-conditions; 103 health & safety; 0 sexual harassment; 0 others.
• Community grievances addressed via defined redressal process; channels include local outreach.
• Grievance policy available on investor relations page; no major unresolved issues.
• Web link for grievance policy: investor-relations page.

Other Notable Metrics

• Related party transactions: purchases 33.48%, sales 18.67%; loans 100%; investments 95.03%.
• Affiliations: member of 10 trade/industry chambers.
• CSR in aspirational districts: Pan India 46.60 million; Maharashtra/Uttarakhand programs.
• Cybersecurity policy exists; internal IT policy; not publicly available.
• Product recalls: none; data privacy/cybersecurity incidents: none.
• BRRS Core assurance: not externally assured; no penalties reported.

AGM Details

• AGM date/time: 30 September 2026 at 12:30 PM IST; venue Gateway Aurangabad.
• Mode: physical AGM with remote e-voting facility.
• Record date for dividend entitlement: 15 September 2026.
• Cut-off date for voting eligibility: 23 September 2026.
• Remote e-voting window: Sept 27–29, 2026 (9:00 AM–5:00 PM).
• Dividend payout date: on or before 29 October 2026 if approved.

Resolutions put to vote

• Ordinary: Adoption of standalone financial statements for year ended 31 March 2026.
• Ordinary: Adoption of consolidated financial statements for year ended 31 March 2026.
• Ordinary: Re-appointment of retiring director Supriya Badve.
• Ordinary: Declaration of final dividend of INR 0.55 per share.
• Ordinary: Appointment of joint statutory auditors for 2026–31.
• Ordinary: Ratification of cost auditor remuneration for FY 2026-27 (INR 300,000).
• Ordinary: Increase in authorized share capital to INR 550 crore; MOA amendment.

Dividend details

• Dividend proposed: INR 0.55 per share, 11%, subject to AGM approval.
• Dividend payout date: on or before 29 October 2026 if approved.

Directors and Auditors

• Director changes: Retiring director to be re-appointed; no other changes indicated.
• Auditors: Joint statutory auditors proposed for five-year term 2026–31.
• Cost auditor remuneration ratified at INR 3 lakh for FY 2026-27.

Financial performance

• Total revenue from operations: INR 95,091 million; up 14.7% YoY.
• EBITDA: INR 11,538 million; margin 12.1%.
• Adjusted PAT: INR 5,020 million; margin 5.3%.
• ROACE: 14.7% for FY2025-26.
• EPS (Consolidated): INR 5.82.
• IPO proceeds raised: INR 21,500 million; used for debt repayment.
• QIP proceeds raised: INR 17,000 million (July 2026).
• Two-Wheeler revenue share of manufacturing revenue: 78.81%.
• Capex: INR 5,650.09 million.
• Export revenue: INR 4,235.20 million.

Change in Statutory Auditors

• Existing auditors GSA & Associates LLP's term expires at the upcoming AGM.
• Board recommends appointing Shailesh Haribhakti & Associates and Rathi Rathi & Co. as joint auditors.
• First term 5 years from FY 2026-27 to FY 2030-31, from 30th AGM to 35th AGM.
• Appointment subject to members' approval at the ensuing AGM.
• Disclosure under SEBI LODR and Annexure A.

Meeting Details

• Date & time: September 8, 2026, 3:00 PM–4:00 PM.
• Nature: Group Meeting.
• Venue: Virtual.
• Event/Organizer: Analysts and institutional investors meeting.

Participants

• Company officials (management) to attend.

Purpose

• Group discussion with investors on publicly available information; no UPSI will be shared.

Notes

• Schedule available on the company’s Investor Relations page.