BEML Land Assets Ltd
Incorporated in 2021, BEML Land Assets
Ltd was formed by Demerger of Identified surplus / non-core assets of BEML Limited[1]
- Market Cap ₹ 1,078 Cr.
- Current Price ₹ 259
- High / Low ₹ 377 / 150
- Stock P/E
- Book Value ₹ 1.16
- Dividend Yield 0.00 %
- ROCE -47.1 %
- ROE -55.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 222 times its book value
- Company has low interest coverage ratio.
* 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.
Peer comparison
Sector: Construction Industry: Construction
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.01 | 0.54 | 3.10 | 3.20 | |
| Operating Profit | -0.01 | -0.54 | -3.10 | -3.20 |
| OPM % | ||||
| 0.00 | 0.00 | 0.02 | 0.02 | |
| Interest | 0.00 | 0.04 | 0.57 | 0.66 |
| Depreciation | 0.00 | 0.04 | 0.08 | 0.08 |
| Profit before tax | -0.01 | -0.62 | -3.73 | -3.92 |
| Tax % | 0.00% | 0.00% | 0.00% | |
| -0.01 | -0.63 | -3.72 | -3.90 | |
| EPS in Rs | -0.15 | -0.89 | -0.93 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -52% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -55% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 0.01 | 41.64 | 41.64 |
| Reserves | -0.01 | -33.06 | -36.79 |
| 0.00 | 0.00 | 0.00 | |
| 0.01 | 1.08 | 4.77 | |
| Total Liabilities | 0.01 | 9.66 | 9.62 |
| 0.00 | 9.60 | 9.53 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| 0.01 | 0.06 | 0.09 | |
| Total Assets | 0.01 | 9.66 | 9.62 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 0.00 | 0.48 | 0.57 | |
| 0.00 | -9.64 | 0.00 | |
| 0.01 | 9.17 | -0.57 | |
| Net Cash Flow | 0.01 | 0.00 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | |||
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | |||
| Working Capital Days | |||
| ROCE % | -13.52% | -47.06% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 46s
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
1d - Proceedings of the 3rd Annual General Meeting held.
-
Newspaper Advertisement Post Issue Of Notice Of AGM
26 Aug - Notice of 3rd Annual General Meeting and e-voting.
- Reg. 34 (1) Annual Report. 23 Aug
- Shareholders Meeting - AGM On September 16Th, 2024 23 Aug
Business Overview:[1]
a) BLAL is an offshoot of BEML, formed through a 1:1 ratio share issue to existing BEML shareholders. The Government of India is strategically disinvesting 26% of its equity stake in BEML Limited and transferring management control. Management believes separating and placing BEML's non-core assets into an independent entity will facilitate this process and unlock business value.