Block Deal: BlackRock increases stake in this auto ancillary stock by acquiring 70.5 Lakh shares

Synopsis:- A major FII bought 70.5 lakh shares in a block deal worth ₹108 crore. Q2FY26 revenue grew 14% to ₹2,354 crore, while profit surged 82% to ₹133 crore, supported by strong segment growth and large-scale manufacturing capacity.

The shares of the automotive component manufacturer gained up to 5 percent in today’s trading session after BlackRock Global Investment Series, a prominent FII, acquired 7,050,948 equity shares via a block deal. 

With a market capitalisation of Rs 15,323.72 crore, the shares of Belrise Industries Ltd were trading at Rs 172.20 per share, increasing around 2.23 percent as compared to the previous closing price of Rs 168.45 apiece.

BlackRock Investment

The shares of Belrise Industries Ltd have seen bullish movement after BlackRock Global Investment Series, a prominent FII, acquired an additional 7,050,948 equity shares via a block deal at an average price of Rs 153.70 apiece, valued at 108.37 crore. However, as of September 2025, BlackRock holds 94,34,539 shares, which is equivalent to 1.06 percent in the company.

Additionally, SBI Mutual Funds also bought 51,292,092 equity shares, which represent 5.8 percent of the company, for Rs 788 crore. Meanwhile, Sumedh Tools Private Limited, a promoter entity, offloaded the entire 58,343,040 equity shares (6.5% stake) for Rs 896.7 crore at the same price.

Financial & Other Highlights 

Belrise posted a robust earnings performance in Q2FY26, revenue jumped by 14 percent from Rs 2,069 crore in Q2FY25 to Rs 2,354 crore in Q2FY26, which shows steady business growth. Further, during the same time frame, net profit magnified significantly by 82 percent from Rs 73 crore to Rs 133 crore.

The company’s segmental mix shows healthy, broad-based growth in Q2 FY26. Belrise Industries saw 2W–3W revenues rise 12% to ₹15,085 million, while 4W passenger and commercial segments grew 26% and 34%. Powertrain-agnostic products remained dominant at 73% of revenue, highlighting diversification beyond ICE platforms.

Recently, the company entered into a strategic cooperation and exclusivity agreement with Plasan SASA to jointly pursue defence opportunities in India. The partnership will target tenders from the Ministry of Defence, PSUs, and paramilitary forces, while strengthening Plasan’s local presence, including joint participation in projects linked to the ATEMM platform, subject to regulatory approvals.

Belrise manufacturing footprint highlights strong scale and execution depth. With 800+ robots, 5,500 job workers, and over 2,000 employees, operations span multiple states. An annual capacity of 60,000+ MTPA, high-tonnage stamping and plastic processing capabilities, and exports contributing 5.6% of revenue reflect a robust, diversified, and future-ready manufacturing platform.

Belrise Industries is a leading automotive component manufacturer with a strong focus on metal fabrication, stamping, and plastic processing. Serving two-wheelers, passenger vehicles, and commercial vehicles, the company operates a wide manufacturing footprint across India, backed by automation, scale, and growing export capabilities.

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