Belrise Industries Retains Buy Rating Despite Cost Pressures

Belrise Industries makes components for vehicles and is expanding into other industries.

Its costs rose because commodities, fuel, transport and labour became more expensive.

The company says the worst of these cost increases may be over.

It expects FY27 profit margins to be similar to FY26.

Belrise also won several new orders from vehicle manufacturers.

One electric-vehicle project will involve 59 assemblies and related equipment.

A solar-tracker order could eventually bring in more than ₹150 crore in revenue.

Recent acquisitions in France and the UK have helped it enter aerospace supply chains.

The broker expects strong earnings growth and recommends buying the shares, with a target of ₹280.