BEML Ltd

BEML Ltd

₹ 1,741 -0.08%
08 Jun - close price
About

BEML Ltd manufactures a wide range of heavy earthmoving equipment catering to the mining and construction industry, vehicles for defense forces and coaches for the metro and Indian Railways.[1]

Key Points

Industries Served[1]
Defence & Aerospace, Coal, Mining, Steel, Cement, Power, Irrigation, Construction, Infrastructure, Railways and Metro Transportation System.

  • Market Cap 14,504 Cr.
  • Current Price 1,741
  • High / Low 2,437 / 1,355
  • Stock P/E 98.3
  • Book Value 349
  • Dividend Yield 0.61 %
  • ROCE 7.76 %
  • ROE 5.12 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 29.6%

Cons

  • Stock is trading at 4.99 times its book value
  • The company has delivered a poor sales growth of 3.87% over past five years.
  • Company has a low return on equity of 8.86% over last 3 years.
  • Company has high debtors of 191 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,388 577 917 1,047 1,514 634 860 876 1,653 634 839 1,083 1,794
1,101 627 858 991 1,143 684 787 815 1,230 682 766 1,080 1,522
Operating Profit 287 -50 59 56 370 -50 73 60 423 -48 73 4 272
OPM % 21% -9% 6% 5% 24% -8% 8% 7% 26% -8% 9% 0% 15%
19 1 10 34 5 1 15 5 4 7 7 4 10
Interest 12 10 11 8 11 9 16 17 13 10 10 12 14
Depreciation 16 16 16 16 17 17 17 19 19 20 20 21 22
Profit before tax 278 -75 42 67 348 -75 55 30 395 -70 50 -26 245
Tax % 43% 0% -23% 28% 26% -7% 7% 17% 27% -9% -9% -12% 27%
158 -75 52 48 257 -70 51 25 288 -64 55 -23 179
EPS in Rs 18.99 -8.96 6.26 5.81 30.87 -8.41 6.17 2.97 34.58 -7.67 6.58 -2.73 21.53
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,809 2,981 2,499 3,246 3,481 3,029 3,597 4,337 3,899 4,054 4,022 4,351
2,735 2,833 2,347 2,994 3,244 2,942 3,406 3,999 3,522 3,600 3,507 4,050
Operating Profit 74 148 152 251 237 87 191 339 377 454 515 300
OPM % 3% 5% 6% 8% 7% 3% 5% 8% 10% 11% 13% 7%
60 42 62 25 23 49 20 7 22 43 25 28
Interest 76 56 54 48 59 40 48 74 57 50 63 45
Depreciation 52 56 62 64 70 71 71 66 64 64 71 83
Profit before tax 7 78 98 164 131 24 93 206 279 383 405 199
Tax % 2% 18% 14% 21% 52% -184% 19% 35% 43% 26% 27% 26%
7 64 84 129 63 68 75 135 159 283 294 148
EPS in Rs 0.81 7.64 10.14 15.54 7.62 8.21 8.98 16.16 19.06 33.98 35.32 17.71
Dividend Payout % 62% 26% 40% 26% 46% 37% 34% 31% 26% 30% 28% 30%
Compounded Sales Growth
10 Years: 4%
5 Years: 4%
3 Years: 4%
TTM: 8%
Compounded Profit Growth
10 Years: 9%
5 Years: 15%
3 Years: -1%
TTM: -50%
Stock Price CAGR
10 Years: 17%
5 Years: 27%
3 Years: 33%
1 Year: -20%
Return on Equity
10 Years: 6%
5 Years: 8%
3 Years: 9%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 42 42 42 42 42 42 42 42 42 42 42 42
Reserves 2,035 2,087 2,140 2,158 2,145 2,215 2,183 2,265 2,353 2,601 2,812 2,867
643 568 436 445 402 339 752 832 381 71 229 309
1,915 1,716 2,129 2,087 2,485 2,562 2,873 2,624 2,304 2,853 2,928 3,769
Total Liabilities 4,635 4,413 4,746 4,733 5,074 5,158 5,849 5,763 5,081 5,566 6,011 6,986
469 544 571 583 620 611 591 551 501 524 576 701
CWIP 192 104 79 68 25 15 14 14 23 37 107 276
Investments 3 3 3 3 3 3 3 3 3 3 8 10
3,971 3,761 4,093 4,079 4,426 4,530 5,241 5,195 4,555 5,003 5,320 5,999
Total Assets 4,635 4,413 4,746 4,733 5,074 5,158 5,849 5,763 5,081 5,566 6,011 6,986

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
548 80 208 128 257 104 1,769 49 565 457 172 126
-36 -33 -59 -62 -61 -50 -2,122 -29 -42 -67 -194 -362
-384 -104 -160 -100 -129 3 -176 -10 -309 -130 -140 238
Net Cash Flow 128 -57 -11 -34 67 58 -529 11 214 260 -162 2
Free Cash Flow 503 53 144 63 193 52 1,720 24 555 357 -18 -250
CFO/OP 721% 64% 83% 57% 119% 36% 925% 25% 174% 114% 57% 68%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 129 148 209 186 169 182 191 157 116 130 154 191
Inventory Days 453 370 606 389 327 479 372 328 369 418 462 375
Days Payable 125 87 149 112 140 150 133 85 116 132 129 164
Cash Conversion Cycle 457 431 666 463 356 510 431 400 369 416 487 401
Working Capital Days 243 246 316 245 231 337 292 244 238 262 296 241
ROCE % 3% 5% 6% 8% 7% 2% 5% 9% 11% 16% 16% 8%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Manpower Strength
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R&D Expenditure
₹ Crs.
Value of Production (VoP)
₹ Crs.
Order Book
₹ Crs.
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
54.03% 54.03% 54.03% 54.03% 54.03% 54.03% 54.03% 54.03% 54.03% 54.03% 54.03% 54.03%
6.08% 6.79% 9.12% 9.91% 6.76% 5.66% 7.41% 7.26% 5.67% 5.82% 5.51% 5.59%
19.51% 19.03% 18.97% 17.79% 20.14% 18.51% 18.10% 18.69% 18.80% 18.54% 18.39% 18.71%
20.38% 20.16% 17.87% 18.28% 19.08% 21.79% 20.45% 20.00% 21.51% 21.62% 22.08% 21.68%
No. of Shareholders 95,0391,01,57699,5861,21,0011,52,6981,91,6041,85,0051,92,7971,95,1761,93,3041,98,4782,00,609

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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