# Belding India share price today (Belding India Ltd, BSE: 513307)

> Belding India share price today: ₹781.05 at the BSE close on 3 November 2026, down 40.1% in a year. Belding India (BSE: 513307) is worth ₹1,131 crore, trades at a P/E of 8,200.7 and has closed between ₹781.05 and ₹2,133.65 over the past 52 weeks. > Belding India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. 513307 · Aluminium · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/belding-india-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹781.05 (−40.1% in a year)
- P/E: 8,200.7×, too little history to compare yet
- Revenue (Jun 2026): ₹0.2 Cr (−95.8% on a year ago)
- Profit (Jun 2026), incl. one-off: −₹4.1 Cr (one-off item, see below)
- ROCE: 1%, FY26

The main question: the share price moved −40.1% in a year while yearly earnings per share moved −191.8%. The difference came from the market paying a higher multiple. ## What is the Belding India share price today? Belding India Ltd's share price was ₹781.05 at the close on 3 November 2026. It has been falling for 12 weeks. That is 31.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹781 and ₹2,134, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 19 weeks running. Over the last 11 years the share price moved +1,638% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Belding India this quarter? Two changes stood out: lowest operating margin in 17 quarters and profit down on a year earlier for 4 quarters in a row. 1. Lowest operating margin in 17 quarters Operating margin was -1727.3% in the June 2026 quarter, against -3.7% a year earlier. 2. Profit down on a year earlier for 4 quarters in a row In the June 2026 quarter profit was ₹-4 crore, -276.5% on a year earlier. ## What are Belding India's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Belding India reported revenue of ₹0.22 crore, down 95.8% from ₹5.19 crore a year earlier, and a loss of ₹4.13 crore, down 276.5% from ₹2.34 crore. ### Belding India results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹0.22 crore | ₹5.19 crore | −95.8% |
| Profit | loss of ₹4.13 crore | ₹2.34 crore | −276.5% |
| Earnings per share | ₹−2.21 | ₹26.00 | −108.5% |
| Operating margin | −1,727.3% | −3.7% | −1,723.6 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Belding India share price history? Belding India closed at ₹781.05 on 3 November 2026, down 40.1% from ₹1,305.00 a year earlier (16 October 2025) and up 654.6% over five years. Its highest weekly close since February 2016 was ₹2,133.65 on 13 February 2026. ### Belding India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹859.20 | −9.1% |
| 1 month ago · 1 Oct 2026 | ₹898.25 | −13.0% |
| 6 months ago · 30 Apr 2026 | ₹1,429.05 | −45.3% |
| 1 year ago · 16 Oct 2025 | ₹1,305.00 | −40.1% |
| 3 years ago · 3 Nov 2023 | ₹182.00 | +329.1% |
| 5 years ago · 4 Nov 2021 | ₹103.50 | +654.6% |
| 10 years ago · 4 Nov 2016 | ₹40.40 | +1,833.3% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹44.95 | +1,637.6% |
| Highest weekly close since February 2016, also the 52-week high · 13 Feb 2026 | ₹2,133.65 | −63.4% |
| Lowest weekly close since February 2016 · 19 Dec 2016 | ₹21.00 | +3,619.3% |
| 52-week low (weekly close) · 3 Nov 2026 | ₹781.05 | 0.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (477 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Belding India? 3 Nov 2026: Belding India closed at ₹781.05, down 9.1% on the week and down 13.0% on the month. Results for April to June 2026: Revenue down 95.8% and profit down 276.5% on a year earlier. ## What dividend does Belding India pay? No. Belding India Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate (as of 3 November 2026). ## Which stock lists is Belding India on? Belding India is not on any of our India lists this week. ## Is Belding India profitable? Belding India Ltd posted a net loss of ₹4.1 Cr in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY26 year was a loss of ₹4.0 Cr. That loss is 1,877.3% of the quarter's revenue. The same quarter a year earlier earned ₹2.3 Cr. 5 of the last 12 reported quarters were loss-making. Jun 2026 profit was −₹4.1 Cr, −276.5% on a year earlier. Read this profit with care: at −₹4.1 Cr it is bigger than the quarter's whole revenue of ₹0.2 Cr. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −1,727.3% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Belding India make, and is it growing? Belding India Ltd reported ₹0.2 Cr of revenue in the Jun 2026 quarter, −95.8% on the same quarter a year earlier. The last full year, FY26, came in at ₹0.0 Cr. The last four reported quarters add to ₹0.3 Cr. A growth rate over several years is not shown, because there are too few years of figures to work one out properly. Is growth speeding up? Revenue over the last 12 months grew −98.4%, against −90.0% a year over the last 8 quarters (rolling over). ## How much of every ₹100 of sales does Belding India keep? Belding India Ltd's sales have fallen to very little: FY26 revenue was ₹0.0 Cr, against ₹31.3 Cr in FY20. On sales that small an operating margin is not a useful reading, so this section is left out until sales recover. ## Is Belding India's profit turning into cash? Over the last 3 years, 158% of Belding India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹14.0 Cr of operating cash against −₹4.0 Cr of profit. After ₹848 Cr of spending on assets, free cash was −₹834 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Belding India's cash go? Belding India Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹0.0 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹848 Cr on assets over the last 3 years. Spending on assets: ₹848 Cr over the last 3 years, against ₹2.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹196 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Belding India's P/E ratio, and how does it compare with its own history? Belding India Ltd's P/E is 8,200.7×, with too little history to compare. Its usual P/E (the middle reading) is 9,407.0×, over 4 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −191.8% while the price moved −40.1%. The price did better than earnings, which pushed the multiple up within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Belding India business getting better or worse? Belding India Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE falling at 1.0%; each line tells part of the story. This is based on 11 quarters of 4 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Belding India earn on its capital? Belding India Ltd earned a ROCE of 1% in FY26. Its return on capital used (ROIC) is left out: on sales this small it reads 0%, a number that says nothing useful about the business. ## Does Belding India have too much debt? Belding India Ltd had ₹38.0 Cr of borrowings against ₹1,049 Cr of equity in FY26, so its debt is 0.04× its equity. Its operating profit is −1 times its interest bill. Over 5 years borrowings went from ₹1.6 Cr to ₹38.0 Cr. Over the last 3 of those years it spent ₹848 Cr on assets. Part of the spending on assets is being paid for with borrowed money. ## What is the Belding India shareholding pattern? Domestic institutions raised their stake in Belding India Ltd by 5.5 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 5.5% of the company. Promoters moved +3.5 points over the same period, to 55.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +5.5 points over 8 quarters, to 5.5%; Promoters: +3.5 points over 8 quarters, to 55.8%; Foreign institutions: +0.2 points over 8 quarters, to 0.2%. Why the owners changed: domestic institutions drove it (+5.5 points), together with promoters (+3.5 points). They raised their stake step by step. ## How far is Belding India from balance-sheet trouble? For Belding India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Belding India rank in its industry? 30.6 out of 100, rank 4 of 6 in Aluminium, with 53% of the evidence available. Belding India Ltd scores 30.6 out of 100 against the 6 companies it is compared with in Aluminium, ranking 4. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 14.1 + 4 + 12.5 = 30.6 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Belding India compared with? Belding India ranks 4 of 6 Aluminium companies on the 4-Factor Sector Score, with 30.6 out of 100. 1. [Alufluoride Ltd](https://www.sectoralpha.in/stocks/alufluoride-ltd) ALUFLUOR · Most evidence points up · 85% evidence 70.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue -3.5% · Profit 43.2% · Operating margin change 0.7 points · 100% evidence Capital efficiency 17.7/25 · ROCE 24.2% · Operating margin 17.1% · 100% evidence Valuation 16.2/20 · P/E 17.7× · PEG 0.34 · 100% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 19.8% · 1 year n/a · 25% evidence Exact sum: 23.7 + 17.7 + 16.2 + 12.5 = 70.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [National Aluminium Company Ltd](https://www.sectoralpha.in/stocks/national-aluminium-company-ltd) NATIONALUM · quiet · Most evidence points up · 100% evidence 65.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue 9% · Profit 17.8% · Operating margin change 12 points · 100% evidence Capital efficiency 22.4/25 · ROCE 39.6% · Operating margin 51% · 100% evidence Valuation 18.2/20 · P/E 8.6× · PEG 0.19 · 100% evidence Relative strength 1.9/20 · Lead over its industry -2.8% · Lead over NIFTY 500 -6.8% · 1 year 34.3% · 100% evidence · 1 of 12 weeks ahead Exact sum: 23.2 + 22.4 + 18.2 + 1.9 = 65.7 · What this means: Earnings are strong; relative strength in its sector is -2.8% and the one-year return is 34.3%. 3. [Hindalco Industries Ltd](https://www.sectoralpha.in/stocks/hindalco-industries-ltd) HINDALCO · losing its lead · Evidence leans up · 100% evidence 57.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 20.3% · Profit -3.1% · Operating margin change 4 points · 100% evidence Capital efficiency 10.5/25 · ROCE 13.2% · Operating margin 16% · 100% evidence Valuation 17.0/20 · P/E 9.6× · PEG 0.57 · 100% evidence Relative strength 11.1/20 · Lead over its industry 1.2% · Lead over NIFTY 500 -2.4% · 1 year 4.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.8 + 10.5 + 17 + 11.1 = 57.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Belding India Ltd this page Too little evidence to rank firmly · 53% evidence 30.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/43.75 · Revenue -77.4% · Profit 100% · Operating margin change -1723.6 points · 95% evidence Capital efficiency 4.0/31.25 · ROCE 0.5% · Operating margin n/a · 80% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 14.1 + 4 + 12.5 = 30.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [ANB Metal Cast Ltd](https://www.sectoralpha.in/stocks/anb-metal-cast-ltd) AMCL · Too little evidence to rank firmly · 38% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.3/43.75 · Revenue n/a · Profit n/a · Operating margin change -1 points · 27% evidence Capital efficiency 23.5/31.25 · ROCE 29.6% · Operating margin 14% · 100% evidence Valuation 11.6/25 · P/E 20.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 18.3 + 23.5 + 11.6 = 53.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Synthiko Foils Ltd](https://www.sectoralpha.in/stocks/synthiko-foils-ltd) SYNTHFO · Too little evidence to rank firmly · 9% evidence 45.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/43.75 · Revenue n/a · Profit n/a · Operating margin change -0.8 points · 8% evidence Capital efficiency 13.8/31.25 · ROCE n/a · Operating margin n/a · 11% evidence Valuation 10.6/25 · P/E 10347× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21 + 13.8 + 10.6 = 45.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Aluminium](https://www.sectoralpha.in/sectors/aluminium), all 6 compared on one page. ## Which companies are close to Belding India in size? Belding India is the 4th largest of 6 Aluminium companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Hindalco Industries, National Aluminium Company and Synthiko Foils. Just below it: ANB Metal Cast and Alufluoride. ### Aluminium companies close in size

1. [Hindalco Industries Ltd](https://www.sectoralpha.in/stocks/hindalco-industries-ltd) ₹1,98,812 crore
2. [National Aluminium Company Ltd](https://www.sectoralpha.in/stocks/national-aluminium-company-ltd) ₹57,771 crore
3. [Synthiko Foils Ltd](https://www.sectoralpha.in/stocks/synthiko-foils-ltd) ₹2,483 crore
4. Belding India Ltd ₹1,221 crore
5. [ANB Metal Cast Ltd](https://www.sectoralpha.in/stocks/anb-metal-cast-ltd) ₹443 crore
6. [Alufluoride Ltd](https://www.sectoralpha.in/stocks/alufluoride-ltd) ₹438 crore

[All 6 Aluminium companies, largest first](https://www.sectoralpha.in/sectors/aluminium#all-companies)

### Companies close in size in other industries

1. [Bharat Seats Ltd](https://www.sectoralpha.in/stocks/bharat-seats-ltd) ₹1,228 crore · Auto Ancillaries - Seats
2. [Walchandnagar Industries Ltd](https://www.sectoralpha.in/stocks/walchandnagar-industries-ltd) ₹1,225 crore · Capital Goods - Engineering Heavy
3. Belding India Ltd ₹1,221 crore
4. [Steel Exchange India Ltd](https://www.sectoralpha.in/stocks/steel-exchange-india-ltd) ₹1,221 crore · Steel Products
5. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ₹1,216 crore · Pesticides/Agrochemicals

## What else do people ask about Belding India? ### What is Belding India's share price today? Belding India Ltd's share price is ₹781.05, −40.1% over the past year. The whole company is worth ₹1,131 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹781 to ₹2,134), 31.9% below its 200-day average. The price has been falling for 12 weeks (as of 3 November 2026). ### What were Belding India's latest quarterly results? Belding India Ltd reported revenue of ₹0.2 Cr and a net loss of ₹4.1 Cr for the Jun 2026 quarter. Revenue fell 95.8% and profit fell 276.5% compared with a year earlier. Earnings per share were −₹2.21. The operating margin was −1,727.3%, 1,723.6 percentage points lower than a year earlier (as of 3 November 2026). ### What is Belding India's market cap? Belding India Ltd's market capitalisation is ₹1,131 Cr at a share price of ₹781.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Belding India performing? Belding India Ltd's share price has been falling for 12 weeks. In its latest quarter, revenue fell 95.8% and profit fell 276.5% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 19 weeks running (as of 3 November 2026). ### Will Belding India's share price go up? This page does not forecast Belding India Ltd's share price. What it shows instead: the share price is ₹781.05, and it has been falling for 12 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Who owns Belding India? Promoters own 55.8% of Belding India Ltd, foreign institutions 0.2%, domestic institutions 5.5% and the public 38.4% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 5.5 percentage points over 8 quarters (as of 3 November 2026). ### Is Belding India's profit real cash? Yes, over the last 3 years, 158% of Belding India Ltd's reported profit came in as cash from operations. The latest year was lower at -350%, so the trend is worth watching. In FY26, operating cash was ₹14.0 Cr against reported profit of −₹4.0 Cr. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### What could break the Belding India story? The main question: the share price moved −40.1% in a year while yearly earnings per share moved −191.8%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Belding India a stock worth studying right now? What the numbers show: Belding India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.