During Monday’s trading session, shares of the leading manufacturer of heavy earth-moving equipment in Asia and an Indian Public Sector company under the Ministry of Defence moved up by nearly 2 percent on BSE, after securing two separate export orders worth $6.23 million.
With a market cap of Rs. 19,081.5 crores, at 10:29 a.m., the shares of BEML Limited were trading in the green at Rs. 4,582 on BSE, up by around 1.3 percent, as against its previous closing price of Rs. 4,521.9. The stock has delivered negative returns of around 12 percent in one year, but has gained by more than 4 percent in the last month.
What’s the News
According to the latest regulatory filings with the stock exchanges, BEML Limited has announced securing two separate export orders. The first order comes from the Commonwealth of Independent States (CIS) region for the supply of heavy-duty bulldozers. The second and notably, BEML’s first-ever order from Uzbekistan, is for the supply of high-performance motor graders. Together, these contracts are valued at approximately $6.23 million.
Financials & more
BEML reported a marginal growth in its revenue from operations, showing a year-on-year rise of around 9 percent from Rs. 1,514 crores in Q4 FY24 to Rs. 1,653 crores in Q4 FY25.
Similarly, its net profit increased during the same period from Rs. 257 crores to Rs. 288 crores, representing a slight growth of about 12 percent YoY. In FY25, the company achieved the highest-ever order book of Rs. 14,610 crores, as compared to Rs. 11,872 crores in FY24 and Rs. 8,570 crores in FY23.
BEML Limited is engaged in the business of manufacturing and supplying defence ground support equipment, while under the Mining and Construction business, it manufactures and supplies equipment like bulldozers, excavators, dumpers, shovels, loaders and motor graders to various user segments. Additionally, under the Rail and Metro business, BEML manufactures and supplies rail coaches, metro cars, ACEMUs, OHE cars, steel and aluminium wagons.
Written by Shivani Singh
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