BELDING INDIA LIMITED

BSE: BELDING513307ISIN INE363L01045

Financial Services
Investment Company

Share price

₹826.15+45.10 (+5.77%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: ₹2,400.00
52W low: ₹721.00
Off 52W high: -65.58%
1M return: -7.65%
3M return: -17.38%
6M return: -42.40%
1Y return: —
20D avg volume: 23,443
50 DMA: ₹947.89
200 DMA: ₹1,350.00

Key ratios Consolidated

Market cap: ₹1,196 Cr
Current price: ₹826.15
52W high / low: ₹2,400.00 / ₹721.00
Face value: ₹10.00
P/E: -76.93
P/B: 1.15
EPS (TTM): ₹-10.74
Book value / share: ₹718.90
ROE: —
ROCE: 0.30%
Operating margin: —
Net margin: —
Debt / equity: 0.01
Net debt: ₹8.53 Cr
Interest cover: 2.24
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: -5,20,368.4 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q4 FY25
Income statement
	6.61	0.23	0.03	0.00	—
	2.07	2.47	5.35	0.34	—
	8.68	2.69	5.37	0.34	—
	17.34	6.76	2.38	1.60	—
	0.00	1.28	0.00	0.00	—
	1.70	0.00	0.00	0.00	—
	2.82	1.19	0.41	0.02	—
	1.19	0.97	1.03	0.26	—
	2.75	1.77	1.51	0.60	—
	10.34	2.30	-0.57	0.72	—
	-8.66	-4.07	3.00	-1.27	—
	0.00	0.00	0.00	0.00	—
	-8.66	-4.07	3.00	-1.27	—
	-3.11	0.06	7.65	-0.05	—
	-5.55	-4.13	-4.65	-1.22	—
	-3.64	-2.21	-3.21	-0.84	—
Key metrics
	-4.72	-1.33	5.54	-0.41	—
	-71.40%	-578.30%	18,466.70%	—	—
	-84.00%	-1,795.70%	-15,500.00%	—	—
	-0.70%	—	0.40%	—	—

Metric	TTM	FY26	FY25
Income statement
	6.87	0.03	—
	10.23	5.77	—
	17.08	5.80	—
	28.08	4.20	—
	1.28	0.00	—
	1.70	0.00	—
	4.44	0.45	—
	3.45	1.29	—
	6.63	2.10	—
	12.79	0.36	—
	-11.00	1.60	—
	0.00	0.00	—
	-11.00	1.60	—
	4.55	7.60	—
	-15.55	-3.55	—
	-9.90	-11.12	—
Key metrics
	-0.92	4.99	—
	-13.39%	16,633.30%	—
	-226.35%	-11,833.30%	—
	—	0.30%	—
	—	-23.40	—
	—	-10.13	—
	—	0.01	—
	—	8.53	—
	—	-5,20,368.4	—
Balance sheet
	—	1,144	—
	—	236.19	—
	—	1.10	—
	—	3.44	—
	—	0.05	—
	—	95.69	—
	—	0.32	—
	—	46.26	—
	—	57.07	—
	—	9.63	—
	—	1.22	—
	—	8.41	—
	—	1,048	—
Cash flow
	—	35.96	—
	—	-1,091	—
	—	1,056	—
	—	59.36	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	0.00	0.00	0.00	0.00	0.00	5.19	4.31	4.99	5.46	6.40	6.13	6.53
	0.34	0.11	0.14	0.08	0.09	0.04	-0.04	—	0.04	—	0.00	0.03
	0.34	0.11	0.14	0.08	0.09	5.23	4.26	4.99	5.50	6.40	6.13	6.56
	1.22	0.29	0.36	0.53	0.22	5.42	4.42	4.95	5.50	5.97	5.99	6.52
	0.00	0.00	0.00	0.00	0.00	5.17	3.41	3.95	3.90	5.52	3.97	4.74
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.21	0.12	0.04	0.01	0.01	0.37	0.40	0.46	0.40	0.37	0.39	0.45
	0.45	0.00	0.01	0.00	0.00	0.00	0.00	0.01	0.02	0.05	0.09	0.12
	0.00	0.00	0.00	0.00	0.00	0.03	0.04	0.03	0.03	0.03	0.03	0.04
	0.56	0.17	0.31	0.52	0.21	0.46	0.33	0.36	0.29	0.35	0.51	0.37
	-0.88	-0.18	-0.23	-0.45	-0.13	-0.18	-0.16	0.05	0.01	0.43	0.14	0.04
	0.00	0.00	0.00	0.00	0.00	3.00	0.00	—	—	—	—	—
	-0.88	-0.18	-0.23	-0.45	-0.13	2.81	-0.16	0.05	0.01	0.43	0.14	0.04
	-0.26	0.00	0.03	0.00	-0.11	0.47	-0.03	0.02	0.00	0.10	0.04	0.01
	-0.62	-0.18	-0.26	-0.45	-0.02	2.34	-0.13	0.03	0.01	0.33	0.10	0.03
	-0.43	-0.13	-0.18	-0.31	-0.22	13.43	-0.73	0.18	0.05	1.90	0.55	0.17
Key metrics
	-0.43	-0.18	-0.22	-0.45	-0.13	2.84	-0.12	0.09	0.06	0.51	0.26	0.20
	—	—	—	—	—	54.70%	-2.80%	1.80%	1.10%	8.00%	4.20%	3.10%
	—	—	—	—	—	45.10%	-3.00%	0.60%	0.20%	5.20%	1.60%	0.50%
	0.00%	—	0.00%	—	-1.50%	—	-2.40%	—	—	—	—	—
	—	-100.00%	-100.00%	-100.00%	-100.00%	-18.90%	-29.70%	-23.60%	—	—	—	—
	-3,000.00%	-107.70%	-100.00%	-1,600.00%	-300.00%	609.10%	-230.00%	0.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	0.00	0.00	21.16	25.82	25.65	29.55
	0.67	0.38	0.00	0.10	0.01	0.18
	0.67	0.38	21.16	25.92	25.66	29.73
	2.40	1.17	20.83	25.62	25.43	28.50
	0.00	0.00	16.78	21.25	20.62	24.39
	0.00	0.00	0.00	—	0.28	0.65
	0.38	0.06	1.62	1.64	1.70	1.60
	0.46	0.02	0.08	0.41	0.27	0.43
	0.00	0.00	0.13	0.15	0.21	0.27
	1.56	1.08	1.34	1.62	1.41	1.91
	-1.74	-0.79	0.33	0.30	0.23	1.23
	0.00	0.00	0.00	—	—	—
	-1.74	-0.79	0.33	0.30	0.23	1.23
	-0.23	0.03	0.09	0.08	0.06	0.32
	-1.51	1.63	0.24	0.22	0.17	0.92
	-1.05	0.38	1.39	1.25	0.95	5.28
Key metrics
	-1.28	-0.77	0.54	0.86	0.71	1.93
	-191.04%	—	2.60%	3.30%	2.80%	6.50%
	-225.37%	—	1.10%	0.90%	0.70%	3.10%
	—	-0.10%	6.30%	—	—	—
	-100.00%	-100.00%	-18.00%	0.70%	-13.20%	—
	-168.02%	579.20%	9.10%	29.40%	-81.50%	—
	—	-2.09	2.34	—	—	—
	—	0.93	9.83	—	—	—
	—	0.00	0.00	—	—	—
	—	1.18	-0.70	—	—	—
	—	—	88.9	—	—	—
Balance sheet
	—	1,054	7.02	—	—	—
	—	5.54	5.98	—	—	—
	—	0.04	0.70	—	—	—
	—	0.00	3.25	—	—	—
	—	0.00	1.90	—	—	—
	—	0.78	0.12	—	—	—
	—	0.00	1.04	—	—	—
	—	0.40	0.00	—	—	—
	—	1.92	0.47	—	—	—
	—	1.22	0.00	—	—	—
	—	1.22	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	1,052	6.26	—	—	—
Cash flow
	—	1.51	2.36	—	—	—
	—	-2.29	-0.02	—	—	—
	—	0.12	-1.66	—	—	—
	—	3.60	0.02	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -75.44%
Sales CAGR 5Y: —
Profit CAGR 3Y: +112.44%
Profit CAGR 5Y: —
Sales YoY (TTM): -100.00%
Profit YoY (TTM): -168.02%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 55.78%

Quarter	September 2026	June 2026
Promoter %	55.78%	55.78%

Holder	Type	Holding	Previous	Change
UMESH KUMAR SAHAY .	Promoter	44.07%	44.07%	0.00%
ABHISHEK NARBARIA .	Promoter	9.43%	9.43%	0.00%
SAGEONE-FLAGSHIP GROWTH OE FUND	Public	3.33%	1.80%	+1.53%
NAV CAPITAL VCC - NAV CAPITAL EMERGING STAR FUND	Public	3.20%	3.41%	-0.21%
SETU SECURITIES PVT LTD	Public	2.55%	1.03%	+1.52%
SIXTH VENTURE ADVISORS LLP	Promoter Group	2.28%	2.28%	0.00%
RAGHAV INVESTMENT PRIVATE LIMITED	Public	2.25%	2.25%	0.00%
NANDANA AJAY KASOTIA	Public	1.37%	—	—
NAVBHARAT INVESTMENT TRUST-NAVBHARAT INVESTMENT OPPORTUNITIES FUND	Public	1.35%	1.35%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Jio Financial Services Limited	1,46,722	222.20	85.71	—	+122.66% TTM	+4.99% TTM	-26.40%
Aditya Birla Capital Ltd	1,03,935	379.60	22.08	—	+23.75% TTM	+40.82% TTM	+14.46%
Tata Investment Corporation Ltd.	28,551	564.30	71.62	—	+16.36% TTM	+13.32% TTM	-28.21%
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED	25,806	1,374.30	4.29	—	+17.83% TTM	+24.27% TTM	-31.78%
TVS Holdings Limited	24,737	12,226.65	6.36	—	—	—	-19.15%
Maharashtra Scooters Ltd. S	13,510	11,821.25	44.34	—	+0.80% TTM	-14.73% TTM	-19.60%
JSW Holdings Limited	12,153	10,949.00	60.44	—	+54.93% TTM	+61.39% TTM	-35.00%
Religare Enterprises Ltd	7,666	224.65	428.87	—	+19.12% TTM	-89.03% TTM	-14.34%
Pilani Investment And Industries Corporation Limited	4,257	3,845.10	-349.56	—	-14.64% TTM	-119.66% TTM	-26.34%
Nalwa Sons Investment Ltd	2,510	4,886.85	43.58	—	-19.75% TTM	+35.31% TTM	-28.05%
Elcid Investments Ltd.	1,968	98,400.00	12.63	—	+158.70% TTM	+105.15% TTM	-25.95%
Kalyani Investment Company Limited	1,897	4,346.25	46.70	—	+7.07% TTM	+24.09% TTM	-27.33%
Shipping Corporation of India Land and Assets Limited S	1,678	36.03	46.79	1.10%	+19.06% TTM	+118.43% TTM	-27.95%
SUMMIT SECURITIES LTD.	1,450	1,330.00	11.51	—	+29.31% TTM	+24.27% TTM	-41.53%
PNB Gilts Ltd S	1,420	78.90	7.38	—	-2.69% TTM	+7.14% TTM	-12.73%
BELDING INDIA LIMITED S	1,196	826.15	-786.81	-0.10%	-100.00% TTM	-168.02% TTM	—
Jindal Photo Limited	1,170	1,140.20	-18.84	—	+744.30% TTM	-126.89% TTM	-17.04%
Vardhman Holdings Limited	1,092	3,421.00	4.34	—	+0.46% TTM	+1.65% TTM	-17.85%
Industrial & Prudential Inv. Co. Lt	1,020	6,089.00	16.76	—	-28.28% TTM	-3.16% TTM	+1.09%
JINDAL POLY INVESTMENT AND FINANCE COMPANY LIMITED	977	929.60	1.21	—	+3,152.89% TTM	+167.19% TTM	-4.75%
STEL Holdings Limited	970	525.35	49.44	1.60%	+19.92% TTM	+21.64% TTM	+30.05%
Hexa Tradex Limited	836	151.30	-121.40	-0.10%	+0.66% TTM	+70.34% TTM	-13.07%
Welspun Investments and Commercials Ltd. S	695	1,903.00	205.89	—	+38.73% TTM	+0.60% TTM	+43.44%
BEML Land Assets Limited S	690	165.75	-16,575.00	-16.40%	—	+98.79% TTM	-20.73%
VLS Finance Limited	648	210.40	14.17	—	-65.51% TTM	+93.36% TTM	-3.04%

Filings & corporate actions

Recent announcements

As per the attached.4 Nov 2026 · Company Update / Investor Presentation
As per the attached letter.4 Nov 2026 · Company Update / Scheme of Arrangement
As per the attached.4 Nov 2026 · Result / Financial Results
As per the attached4 Nov 2026 · Board Meeting / Outcome of Board Meeting
As per the attached outcome4 Nov 2026 · Result / Financial Results
Belding India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve Belding India Limited has informed ....29 Oct 2026 · Board Meeting / Board Meeting
Submission of Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 202614 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We are pleased to inform that Belding India Limited ("the Company") has received Listing and Trading approval from NSE effective from October 12, 2026.8 Oct 2026 · Company Update / General
As per attached intimation30 Sep 2026 · Company Update / Change in Management
Submission of voting results and scrutinizer''s report of the 41st Annual General Meeting of the Company is attached herewith.30 Sep 2026 · AGM/EGM / AGM
Outcome and Proceedings of 41st Annual General Meeting of the Company held on September 30, 2026 is attached herewith.30 Sep 2026 · AGM/EGM / AGM
As per attached intimation29 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
As per attached Press Release19 Sep 2026 · Company Update / Press Release / Media Release
As per attached Newspaper Publication.9 Sep 2026 · Company Update / Newspaper Publication
As per attached letter.8 Sep 2026 · Company Update / General
Business Responsibility and Sustainability Reporting (BRSR) for the Financial Year 2025-26.8 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Attached the Annual Report of the Company for the Financial Year 2025-26.8 Sep 2026 · Others / Reg. 34 (1) Annual Report
As per attached Intimation.8 Sep 2026 · AGM/EGM / AGM
Appointment of Company Secretary and Compliance Officer.8 Sep 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
As per the attached outcome.8 Sep 2026 · Others / Outcome without intimation
As per attached Intimation.22 Aug 2026 · Company Update / Change in Management
Voting Result of Postal Ballot along with Scrutinizers Report22 Aug 2026 · AGM/EGM / Postal Ballot
Voting Results of Postal ballot along with Scrutinizer''s Report.22 Aug 2026 · AGM/EGM / Postal Ballot
As per attached Intimation1 Aug 2026 · Company Update / Newspaper Publication
As per attached Intimation31 Jul 2026 · AGM/EGM / Postal Ballot
As per the attached Intimation30 Jul 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
As per attached Intimation30 Jul 2026 · Company Update / Scheme of Arrangement
As per attached Intimation30 Jul 2026 · Company Update / Change in Management
As per attached Intimation30 Jul 2026 · Result / Financial Results
As per attached Outcome.30 Jul 2026 · Board Meeting / Outcome of Board Meeting
Belding India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2026 ,inter alia, to consider and approve the Unaudited Standalone and ....27 Jul 2026 · Board Meeting / Board Meeting
Press Release on Acquisition of Evolve IT Solutions Private Limited23 Jul 2026 · Company Update / Press Release / Media Release
Intimation of Acquisition of Evolve IT Solutions Private Limited23 Jul 2026 · Company Update / Acquisition
As per attached Intimation.23 Jul 2026 · Company Update / Newspaper Publication
Postal Ballot Notice is attached.22 Jul 2026 · AGM/EGM / Postal Ballot
Newspaper Advertisement pertaining to loss of Share Certificates22 Jul 2026 · Company Update / Newspaper Publication
As per attached Intimation letter.17 Jul 2026 · Company Update / General
Submission of Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 201813 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Press Release is attached10 Jul 2026 · Company Update / Press Release / Media Release
Intimation of closure of Trading Window30 Jun 2026 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Consolidation of Shares	17 Oct 2025	17 Oct 2025	—

Board meetings

3 Nov 2026 Board Meeting - Financial Results
30 Jul 2026 Board Meeting - Financial Results