Belrise Industries (NSE:BELRISE) ROE %: 9.97% (As of Mar. 2026) — 30% Below Median

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NSE:BELRISE Belrise Industries Ltd NSE:BELRISE
18 GF Score
Price ₹232.34
! 7 Warning Signs
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What is Belrise Industries ROE %?

Belrise Industries NSE:BELRISE -1.78% 18 ROE % is 9.97% as of Mar. 2026, which is 30% below its 10-year median of 14.31. GuruFocus rates NSE:BELRISE with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Belrise Industries ranks better than 70.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Belrise Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹5,209 Mil. Belrise Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹52,263 Mil. Therefore, Belrise Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 9.97%.

The historical rank and industry rank for Belrise Industries's ROE % or its related term are showing as below:

NSE:BELRISE' s ROE % Range Over the Past 10 Years
Min: 11.56   Med: 14.31   Max: 16.6
Current: 11.56

During the past 5 years, Belrise Industries's highest ROE % was 16.60%. The lowest was 11.56%. And the median was 14.31%.

NSE:BELRISE's ROE % is ranked better than
70.62% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 6.64 vs NSE:BELRISE: 11.56

Belrise Industries  (NSE:BELRISE) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5209/52262.85
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5209 / 102113.2)*(102113.2 / 85497.86)*(85497.86 / 52262.85)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.1 %*1.1943*1.6359
=ROA %*Equity Multiplier
=6.09 %*1.6359
=9.97 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5209/52262.85
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5209 / 6979.92) * (6979.92 / 7944.6) * (7944.6 / 102113.2) * (102113.2 / 85497.86) * (85497.86 / 52262.85)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7463 * 0.8786 * 7.78 % * 1.1943 * 1.6359
=9.97 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Belrise Industries ROE % Related Terms


Belrise Industries ROE % Historical Data

* Premium members only.

The historical data trend for Belrise Industries's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Belrise Industries ROE % Chart

Belrise Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
15.09 16.60 14.31 14.11 12.54

Belrise Industries Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 16.66 16.57 10.70 9.82 9.97

NSE:BELRISE vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Belrise Industries's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Belrise Industries ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Belrise Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Belrise Industries's ROE % falls into.


NSE:BELRISE
18GF Score
Belrise Industries Ltd NSE:BELRISE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Belrise Industries ROE % Calculation

Belrise Industries's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=4968.6/( (26967.33+52262.85)/ 2 )
=4968.6/39615.09
=12.54 %

Belrise Industries's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=5209/( (0+52262.85)/ 1 )
=5209/52262.85
=9.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.97% mean?
Belrise Industries (NSE:BELRISE) has a ROE % of 9.97% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Belrise Industries and its competitors. This is 30% below median its historical median of 14.31. Over the past decade, Belrise Industries' ROE % has ranged from 11.56 to 16.60. According to the industry distribution chart, Belrise Industries ranks #384 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 29.4%.
Is Belrise Industries' ROE % too high?
Belrise Industries' current ROE % of 9.97% is 30% below median its 10-year median of 14.31. Over the past 10 years, this metric has ranged from a low of 11.56 to a high of 16.60. The Vehicles & Parts industry median ROE % is 6.64. Belrise Industries' value of 9.97% is 50.2% above this industry median. Based on the distribution chart, Belrise Industries ranks #384 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Belrise Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Belrise Industries' ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Belrise Industries ranks #384 out of 1307 companies for ROE %. This puts Belrise Industries in the upper half of its industry. The industry median ROE % is 6.64. Belrise Industries' value of 9.97% is 50.2% above this benchmark. Historically, Belrise Industries' own ROE % has ranged from 11.56 to 16.60 over the past decade. While the company's 10-year median is 14.31 vs. the industry median of 6.64, Belrise Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.64, based on 1,307 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Belrise Industries's current ROE % of 9.97% is 50.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Belrise Industries and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belrise Industries's current ROE % is 9.97%, which is 30% below median its own 10-year median of 14.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belrise Industries stock overvalued right now?
Belrise Industries (NSE:BELRISE) has a current ROE % of 9.97%. The current ROE % is 9.97%, which is 30% below median its 10-year median of 14.31 and 50.2% above the Vehicles & Parts industry median of 6.64. Belrise Industries' overall GF Score™ is 18/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Belrise Industries (NSE:BELRISE), the current ROE % is 9.97% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Belrise Industries Business Description

Other Exchanges 544405:India
Address Fergusson College Road, Office No. 501 and 502, Fifth Floor, Cello Platina, Shivaji Nagar, Pune, MH, IND, 411005
Belrise Industries Ltd is an automotive component manufacturing company. It offers a diverse range of safety-critical systems for the mobility sector. The group serves diverse vehicle segments, including Two-Wheelers (2Ws), Three-Wheelers (3Ws), Passenger Vehicles (PVs), Commercial Vehicles (CVs), and Agri Vehicles (AVs). The product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems, among others.
18GF Score

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