Synopsis:
BEML is in focus after securing new work orders worth Rs. 80 crores from Indian Railways.
A PSU company that manufactures mining and construction equipment, railway coaches, and defense vehicles, is in the spotlight after receiving domestic work orders worth Rs. 80 crore from Indian Railways.
With the market capitalization of Rs. 16,100.18 crore, the shares of BEML Limited trading at Rs. 3,866.20, up by 0.70 percent from its previous day’s close price of Rs. 3,839.40 per equity share, and it has reached an intraday high of Rs. 3,905.70.
What’s the News?
BEML Limited, a leading manufacturer of heavy earthmoving equipment, has received an order from Indian Railways worth over Rs. 80 crore for the supply of utility track vehicles. This contract strengthens BEML’s rail presence and highlights the company’s role in providing specialized equipment to India’s railway infrastructure.
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About the Company & Others
Established on May 11, 1964, BEML Limited is a diversified public sector undertaking under the Ministry of Defense. Its operations were divided into three main verticals: rail and metro sectors (19 percent of sales), defense and aerospace (27 percent of sales), and mining and construction (54 percent of sales).
It has supplied more than 9,350 high-mobility vehicles ,350 armored recovery vehicles, and 3,700 military wagons. It has delivered 29,100 engines, more than 33,830 mining and construction equipment units, 2,099 metro cars, and 18,000 rail coaches.
Additionally, it has shipped more than 1,400 pieces of equipment to 72 nations. BEML plays a significant role in the aerospace sector by manufacturing and integrating platforms such as LVM3, Akash, QRSAM, and Su-30.
The company’s orderbook in FY 24-25 stands at Rs. 14,610 crore, which has increased by 23 percent compared to Rs. 11,872 crores in FY23-24. In Q1FY26, revenue was Rs. 634 crore, same as last year but down 62 percent from Rs. 1,653 crore in Q4FY25. The company posted a loss of Rs. 64 crore, slightly better than the Rs. 70 crore loss last year, but weaker compared to a profit of Rs. 288 crore in the previous quarter.
Written by Akshay Sanghavi
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