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As of 6 Nov 2026, Belding India is loss-making on a trailing 12-month basis, with a net loss of ₹14 Cr, so it has no P/E ratio. The share price is ₹820.05, 19% below its 52-week high. Sales fell 90% a year over 3 years. It carries very little debt. It is a small-cap company with a market cap of ₹1,187 Cr, ranked 6th of 22 Aluminum companies by market cap; the shares fell 11% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹869.95
Day high
₹869.95
Day low
₹810.00
Prev. close
₹843.30
Volume
1.3K

Health check

1 fair · 5 to check
  • ReturnsBehind

    −10.8% over a year, better than 2 of 7 peers.

  • Price tagLoss-making

    Earnings were negative over the last 12 months.

  • GrowthShrinking

    Sales −89.7% a year over 3 years.

  • ProfitabilityWeak

    ROCE 0.3% vs peer median 19.8%.

  • Balance sheetFair

    Debt 0.06× equity, interest covered 2.2×.

  • Red flags4 to check

    Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Aluminum

21 listed peers. Screen the industry

Small cap

₹1,187 Cr, #6 of 22 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹11 Cr · profit ₹−14 Cr
Market cap
₹1,187 Cr
Small cap
P/E
n/a
Industry 17.0
Price to book
1.13
Peers 2.90
Dividend yield
0.00%
ROE
−3.0%
Peers 10.3%
ROCE
0.3%
Peers 19.8%
Debt to equity
0.06
Debt ₹63 Cr
EPS (TTM)
−₹6.48
Face value ₹10
OPM (TTM)
−86.1%
Net margin −122.3%
Sales growth
n/a
Year-ago quarter not reported
Profit growth
−276.6%
Latest quarter vs a year ago
Price to sales
105.07
EV/EBITDA −178.6

Strengths and risks

Strengths

  • Practically debt-free.

Risks to check

  • Loss-making over the last twelve months.
  • Return on equity is low at −3.0%.
  • Quarterly profit down 276.6% on a year ago.
  • Interest coverage of only −0.6×.

Derived automatically from reported figures. Not a recommendation.

About Belding India

Belding India Limited engages in engineering, manufacturing, and technology-led infrastructure solutions services in India. It operates through EPC projects, Battery Energy Storage Systems (BESS), Edge Data Centres, Integrated Engineering Solutions, Advanced Manufacturing, and Security Solutions. The company provides end-to-end EPC solutions for data centres, industrial infrastructure and integrated solar farm projects, covering engineering, design,…

Headquarters
Pune
Employees
23
Sector
Basic Materials
ISIN
INE363L01045
Website
belding.ltd

Price range

52 weeks

₹751.00₹1,008.00

Today

₹810.00₹869.95
Avg volume (3M)
38.8K
1-year return
minus 10.8%
From 52-week high
minus 18.6%

Peers · Aluminum

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
HINDALCOHindalco Industries958.40plus 2.19%2,12,74911.19.49.4%9.0%0.737.1%plus 12.8%
VAMLVedanta Aluminium Metal376.05minus 0.80%1,46,81622.2––41.3%1.05–minus 24.2%
NATIONALUMNational Aluminium Co.325.75minus 1.59%59,8288.46.533.3%43.8%0.007.8%plus 41.9%
CMRGREENCMR Green Technologies218.29plus 2.16%4,78217.813.019.8%4.5%0.8317.4%minus 9.5%
ARFINArfin India94.15minus 1.23%1,58986.433.620.8%6.9%0.764.3%plus 74.7%
BELDINGBelding India820.05minus 2.76%1,187––0.3%−1377.7%0.04−89.7%minus 10.8%
MMPMMP Industries427.35plus 0.66%1,08621.719.412.9%8.4%0.5315.2%plus 50.9%
MAANALUMaan Aluminium101.80minus 2.92%61142.4––2.5%0.20–minus 28.4%
Median of 7 peers–−0.80%4,78221.713.019.8%8.4%0.737.8%12.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
–––00.2
–––−0.24
–−0.2−0.70.2−3.8
–––667.9%−1688.0%
–0.10.35.32.5
––0.311
––0.61.51.8
3––––
–−0.1−1.33−4.1
–85.5%4.0%255.0%−1.5%
2.3−0−1.2−4.6−4.1
26.87-0.22-0.84-3.21-2.21

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−89.7%
ROE
−3.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
25.625.8–0
25.125.1–0.8
0.60.70.1−0.8
2.3%2.9%–−2697.1%
0.10.1–5.8
0.30.4–1.3
0.20.20.12.1
0.100.1–
0.20.3–1.6
27.3%27.7%–475.2%
0.20.20.2−3
–+31.5%+10.7%minus 1357.0%
1.902.502.77-6.70

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
0.90.90.914.5
4.95.25.41,035
4.21.7–38.4
0.4−00.456
10.57.86.71,144
1.51.21248
–––196
000.7127
96.64.9573
10.57.86.71,144

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−0.222.413.7
00.2−0−20.7
0.1−2.3−1.77.3
−0.1−00.70.4
–−0.1−0−59.4
−0.222.3−45.6

Shareholding pattern

Source: NSE filings
55.8%
promoters
  • Promoters55.78%
  • Public44.22%
  • As of 9 Oct 2026
QuarterSplitPromotersPublicPromoter change
9 Oct 202655.78%44.22%0.00
30 Sep 202655.78%44.22%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you