BEML Limited

BEML Limited

1,904.30
INR
+17.40
(+0.92%)
7.96EPS
221.15P/E
146.67BMarket Cap
Nov 11Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
694.12
669.72
715.06
594.32
773.63
830.37
723.77
850.71
1,041.55
912.42
952.2
921.91
498.77
520.03
Basic EPS, GAAP
1.47
1.42
15.46
20.35
31.14
15.17
15.33
16.55
30.93
37.92
67.67
70.26
17
7.96
Free Cash Flow per Basic Share
81.86
120.6
9.37
34.57
15.25
46.13
11.69
-84.81
2.96
124.24
85.61
-22.67
-31.55
- -
Dividend per Share
2.92
1.17
1.2
4.81
9.63
15.1
6.03
8.39
8.43
7.72
10.04
20.44
10.69
- -
Book Value per Share
499.71
499.68
511.33
524.05
528.55
525.25
540.95
531.74
565.91
581.46
640.65
693.34
352.24
- -
Tangible Book Value per Share
485.67
486.26
496.4
511.46
516.06
514.01
530.67
522.25
557.32
572.02
632.33
684.47
345
- -
Basic Weighted Avg Shares
42
42
42
42
42
42
42
42
42
42
42
42
83
83
Sales/Revenue/Turnover
28,906
27,890
29,778
24,750
32,217
34,580
30,141
35,427
43,375
37,997
39,654
38,392
41,542
43,311
Operating Margin (%)
3.98
2.12
3.99
4.56
6.15
5.17
1.25
3.93
6.31
8.17
9.79
11.47
5.3
3.25
Depreciation Expense
555
551
566
628
654
707
724
714
665
641
638
713
835
869
Net Income, GAAP
61
59
644
848
1,297
632
638
689
1,288
1,579
2,818
2,926
1,416
663
Effective Tax Rate (%)
39.14
- -
18.06
13.74
20.96
51.58
- -
21.14
35.62
43.15
26.16
27.55
29.16
42.6
Profit Margin (%)
0.21
0.21
2.16
3.42
4.02
1.83
2.12
1.94
2.97
4.16
7.11
7.62
3.41
1.53
Working Capital
19,787
20,252
20,218
21,236
21,185
21,626
27,239
27,628
28,101
24,679
27,599
30,793
29,052
- -
LT Debt
4,652
4,139
3,627
3,105
3,045
3,030
2,099
1,075
88
98
95
91
150
- -
Total Equity
20,812
20,811
21,296
21,826
22,013
21,876
22,528
22,142
23,563
24,211
26,675
28,869
29,331
- -
Return on Invested Capital (%)
2.25
- -
3.67
3.86
6.25
3.5
- -
3.71
6.17
6.45
10.57
10.89
4.68
- -
Return on Capital (%)
2.27
- -
3.84
4.72
6.36
3.51
- -
3.6
5.54
6.21
11.28
11.15
5.09
- -
Return on Common Equity (%)
0.29
0.28
3.06
3.93
5.92
2.88
2.88
3.08
5.64
6.61
11.07
10.53
4.86
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6,816
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
150
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
83
83
83
Market Capitalization
154,947
113,910
146,672

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
57,709
- -
Cash, Cash Equivalents & STI
- -
358
- -
Accounts Receivable, Net
- -
22,744
- -
Inventories
- -
23,381
- -
Total Current Liabilities
- -
28,657
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6,816
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.32%
5.83%
1.6%
Free Cash Flow
353.38%
803.61%
178.26%
Net Income, GAAP
18.25%
28.04%
-51.61%
Sales/Revenue/Turnover
4.47%
3.88%
8.2%
Total Cash Common Dividend
56.62%
26.06%
4.57%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6,341
8,598
8,758
16,525
38,392
2026
6,340
- -
10,833
17,942
41,542
2027
8,196
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-16.92
12.25
5.86
34.52
70.26
2026
-7.7
- -
-2.69
21.59
17
2027
-3.24
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
20.44
2026
- -
- -
- -
- -
10.69
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shantanu Roy
Full Time Employees
4,923
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
BEML SOUDHA Bangalore KA India 560027
IPO Date
Jul 1, 2002
Business
BEML Limited (BEML.NS), a Schedule A public sector undertaking under India's Ministry of Defence, manufactures heavy equipment and provides engineering solutions for defence and aerospace, mining and construction, and rail and metro sectors. The company offers a comprehensive portfolio of products including high mobility vehicles such as bridge systems, missile launchers and radar systems; combat mobility vehicles comprising armoured recovery vehicles, armoured repair and recovery vehicles and mine ploughs; aggregates for combat vehicles like transmissions, ejectors, air cleaners and hulls; aircraft towing tractors, aircraft weapon loaders, ground support and handling equipment, tank transportation trailers, milrail wagons and rocket motor casings for missiles in the defence and aerospace segment; bull dozers ranging from 90 to 860 FHP, dump trucks from 35 to 205 tons, hydraulic excavators from 0.3 to 12 cubic meters, shovels, walking draglines, water sprinklers from 28,000 to 70,000 litres, motor graders from 137 to 285 HP, wheel loaders, pipe layers, wheeled dozers and tyre handlers in mining and construction; and metro cars for Delhi, Bengaluru, Jaipur, Kolkata and Mumbai (driverless), electrical multiple units, maintenance vehicles including diesel electric tower cars, rail grinding machines and catenary maintenance vehicles, passenger trains such as Vande Bharat and integral rail coaches, steel and aluminium wagons, and treasury vans in rail and metro. Headquartered in Bengaluru, Karnataka, with manufacturing facilities in Bangalore, Kolar Gold Fields, Mysore and Palakkad, as well as a subsidiary Vignyan Industries Ltd. in Tarikere, BEML was established in May 1964, originally as Bharat Earth Movers Limited, and operates primarily in India with exports to over 68 countries across Africa, SAARC nations and other regions. In recent developments, BEML signed a strategic partnership with South Korea's STX Engine in February 2025 to jointly develop, manufacture and market battle tank and marine engines; entered three MoUs worth approximately Rs 350 crore with Dredging Corporation of India Limited in October 2025 for dredging, reservoir de-siltation and inland waterway solutions; formed a quadripartite MoU with Deendayal Port Authority, Delhi Metro Rail Corporation and Umeandus Technologies for a real-time automatic cargo evacuation system; signed an MoU with Kineco Ltd. in October 2025 for advanced composite manufacturing in defence and aerospace; inaugurated three new defence production units at its Kolar Gold Fields complex in July 2025 focused on armoured recovery vehicles; laid the foundation stone for its greenfield 'Brahma' rail manufacturing facility near Bhopal, Madhya Pradesh, in August 2025 to boost rail and defence production with expected annual revenues of Rs 2,500-6,000 crore; and secured a Rs 157 crore order in December 2025 from Loram Rail Maintenance India for switch rail grinding machines.