Belding India Limited
The short version
A shrinking, loss-making business.
What Belding India does
Belding India Ltd (formerly Synthiko Foils Ltd) is a Pune-based engineering and technology group focused on data-centre EPC/modular infrastructure, battery energy storage systems, precision/OEM manufacturing, defence solutions and X-ray security screening.
Worked out from Belding India's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Belding India is a small-sized company in industrial products.
Belding India Ltd (formerly Synthiko Foils Ltd) is a Pune-based engineering and technology group focused on data-centre EPC/modular infrastructure, battery energy storage systems, precision/OEM manufacturing, defence solutions and X-ray security screening.
- Whole company is worth
- ₹1,367 crore
- Run by
- Abhishek Narbaria
- Shareholders
- 2,636 people
- Listed since
- 2026
A small company by stock-market value — these tend to move more sharply.
02Is it growing?
Sales have shrunk 89% a year for 3 years.
03Does it make money?
It earns ₹0 a year on every ₹100 its owners have invested.
On the money its owners have put in
It earns ₹0 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
04Is the price high or low?
Belding India made a loss, so there is no "price for profit" to measure.
Investors are paying for what they hope it will earn later, not what it earns today. That makes the price harder to judge and more sensitive to news.
The share price over the past year
It is 5% below its highest price of the past year and 8% above its lowest.
05Who owns it?
Its founders and parent group own 56 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 2,636 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, three things worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Sales fell 100% in the latest financial year.
- Sales have been shrinking — 89% a year.
- Lost ₹3.5 crore in its last financial year.
07What happened lately?
Latest quarter: sales down 96%, a loss.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹0.2 Cr
▼ 95.8% on a year earlier
Loss
₹4.1 Cr
30 Sept 2026
Promoter holding remained at 55.78%, while domestic institutional holding decreased by 0.82 points to 5.54%.
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This page describes Belding India using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Belding India Limited (BELDING): company summary
The company's business has deteriorated significantly, with annual revenue collapsing by -99.9% and annual net profit swinging to a loss of ₹4 crore.
Belding India Limited (BELDING) is a micro-cap Capital Goods company valued at ₹1,367 crore operating in Industrial Products on the NSE and BSE.
- Recent price move
- Belding India Limited last traded at ₹954.75, modestly up 0.36% on the day.
- Recent developments
- 2026-09-30: Promoter holding remained at 55.78%, while domestic institutional holding decreased by 0.82 points to 5.54%. 2026-09-30: Foreign institutional holding increased by 0.05 points to 0.25%.
- Financial performance
- The company's business has deteriorated significantly, with annual revenue collapsing by -99.9% and annual net profit swinging to a loss of ₹4 crore. The latest quarter shows a similar pattern, with revenue falling -95.8% and net profit turning to a loss of ₹4 crore, reversing a previous profit of ₹2 crore.
- Valuation multiples
- A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 1.36 times book value.
- Things to watch
- The company reported a net loss of ₹4 crore in its latest financial year, with annual net profit swinging to a loss. The latest quarter also showed a net loss of ₹4 crore, reversing a previous profit. The company's return on equity and return on capital employed are both at 0.0% and 0.3% respectively, indicating poor profitability.
- Where it stands
- Belding India Limited ended the latest quarter with a net loss of ₹4 crore, reversing a profit of ₹2 crore. The company's return on equity is at 0.0%, and its return on capital employed is 0.3%. The company's promoter holding remains at 55.78%, while foreign institutional holding increased slightly to 0.25%.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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