Belrise Industries IPO Review & Recommendations

Belrise Industries IPO Peer Comparison

Belrise Industries Limited peer comparison with similar listed entities. (As on March 28, 2024)

Notes:

1. The financial information of our Company has been derived from the Restated Consolidated Financial Information as of or for the financial year ended March 31, 2024.
2. All the financial information for listed industry peer is on a consolidated basis and is sourced from the financial information of such listed industry peer available on the website of the stock exchanges/annual report, as of and for year ended March 31, 2024.
3. P/E Ratio for the listed industry peer has been computed based on the closing market price of equity shares, on BSE for peers, as of November 14, 2024, divided by the diluted EPS for the respective year end.
4. Return on Net Worth (in percentage) is calculated as Profit After Tax for the year divided by Average Equity for the year a. Average Equity for the year is calculated as average of the tangible networth at the beginning of the year and at the end of the year b. Tangible networth is calculated as sum of Equity share capital, Share Application, Quasi equity, Share premium reserves, Reserves and surplus and Intangible Assets.
5. Net Asset Value per Equity Share represents Total Equity as at the end of the year divided by number of Equity Shares outstanding at the end of the year.