BEML Ltd.

NSE: BEML · Capital Goods

₹1,953.20-1.89%06 Nov 2026

Ask the data

Instant answers about BEML Ltd. — computed from its filings, no language model

Market cap₹16,318 cr

Current price₹1,953.20

High / Low₹2,218 / ₹1,369

P/E99.7

P/B5.68

Book value₹343.9

ROE5.7%

ROCE8.2%

Debt / equity0.22

Dividend yield0.55%

EPS (TTM)₹19.60

Face value₹5

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3,025	3,557	4,337	3,899	4,054	4,022	4,351
EBITDA	84	138	310	364	442	506	299
Operating margin	2.8%	3.9%	7.1%	9.3%	10.9%	12.6%	6.9%
Interest	41	39	49	46	39	54	45
Depreciation	72	71	66	64	64	71	83
Profit before tax	19	87	200	278	382	404	200
Tax	-44	18	71	120	100	111	58
Net profit	64	69	129	158	282	293	142
EPS ₹	15.29	16.50	30.88	37.91	67.66	70.24	16.97
Operating cash flow	—	—	51	563	458	183	118
Capex	—	—	42	49	101	193	381
Dividend paid	—	—	35	32	42	85	89
Total assets	—	5,734	5,709	5,010	5,445	5,872	7,011
Equity	—	2,214	2,357	2,421	2,668	2,887	2,934

Quarterly performance

last 28 quarters · ₹ crore

showing latest 8 of 28 periods

	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	687	693	1,065	390	664	728	0	451	1,000	1,684	669	805	1,037	1,388	577	917	1,047	1,514	634	860	876	1,653	634	839	1,083	1,794	820	1,192
Operating profit	-7	26	143	-118	38	43	0	-82	27	230	-56	42	92	287	-51	61	56	370	-50	73	60	423	-49	73	4	272	2	79
Operating margin	-1.1%	3.7%	13.4%	-30.3%	5.7%	5.9%	—	-18.2%	2.7%	13.6%	-8.3%	5.2%	8.8%	20.7%	-8.8%	6.7%	5.3%	24.5%	-7.9%	8.5%	6.9%	25.6%	-7.8%	8.7%	0.3%	15.1%	0.2%	6.7%
Other income	8	6	26	12	6	10	0	19	13	1	1	1	3	19	1	7	34	5	1	15	5	4	9	7	4	10	2	6
Interest	9	10	10	10	9	8	0	14	13	10	11	11	12	12	10	11	8	11	9	16	17	13	10	10	12	14	14	15
Depreciation	18	18	18	18	18	17	0	17	17	16	16	16	16	16	16	16	16	17	17	17	19	19	20	20	21	22	23	23
Profit before tax	-27	4	141	-134	17	28	0	-94	11	205	-82	16	66	278	-75	42	67	348	-75	55	30	395	-70	50	-25	245	-34	48
Tax	0	0	-44	0	0	0	0	0	0	71	0	0	0	120	0	-10	19	91	-5	4	5	107	-6	2	-3	65	-7	14
Net profit	0	0	185	-134	0	28	0	-94	11	133	0	0	66	158	0	52	48	257	-70	51	24	288	-64	-48	-22	180	-27	33
EPS ₹	-6.53	1.02	44.39	-32.18	4.14	6.64	0.00	-22.57	2.56	32.04	-19.78	3.90	15.92	37.87	-18.01	12.44	11.57	61.66	-16.92	12.26	5.86	69.05	-15.40	11.53	-2.69	21.59	-3.24	4.00
Revenue YoY	—	—	—	—	-3.4%	5.1%	-100.0%	15.5%	50.7%	—	48.4%	-19.5%	—	-17.6%	-13.8%	13.9%	1.0%	9.1%	9.9%	-6.2%	-16.4%	9.2%	-0.0%	-2.4%	23.7%	8.6%	29.3%	42.0%
Profit YoY	—	—	—	—	—	—	-100.0%	—	—	—	—	-100.0%	—	18.2%	—	—	-27.3%	62.8%	—	-1.4%	-49.3%	12.0%	—	-194.5%	-191.7%	-37.5%	—	—

Earlier results (standalone, Sep '07 – Jun '19)

₹ crore · from BSE, before the NSE XBRL filings begin

BEML Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	2,797	2,838	2,630	2,714	2,809	2,912	2,809	2,984	2,784	3,305	3,481
Operating profit	344	263	56	113	-45	94	70	127	146	251	237
Operating margin	12.3%	9.3%	2.1%	4.1%	-1.6%	3.2%	2.5%	4.3%	5.2%	7.6%	6.8%
Other income	110	137	223	57	104	63	60	39	62	25	23
Interest	39	49	59	88	141	110	71	49	48	48	59
Depreciation	27	32	34	44	50	54	52	53	62	64	70
Profit before tax	387	320	187	66	-122	9	7	64	98	164	131
Tax	119	97	37	9	-42	4	0	12	14	34	67
Net profit	269	223	150	57	-80	5	7	53	84	129	63

Quarters

showing latest 8 of 48 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†
Revenue	475	622	1,049	288	614	633	1,263	465	483	695	1,194	527	509	658	936	554	792	574	793	423	587	677	1,122	598	751	783	780	502	451	577	1,279	590	621	764	1,009	295	454	719	1,316	632	690	732	1,253	455	734	924	1,368	581
Operating profit	34	81	152	-28	58	58	255	12	22	78	152	16	14	64	-38	22	33	65	-6	-15	-37	-27	34	5	-0	40	50	-67	-31	5	163	-57	-13	19	180	-88	-0	34	200	-64	34	42	239	-137	45	75	254	-76
Operating margin	7.2%	13.1%	14.5%	-9.6%	9.5%	9.2%	20.2%	2.5%	4.6%	11.2%	12.7%	3.0%	2.7%	9.7%	-4.0%	3.9%	4.2%	11.2%	-0.8%	-3.6%	-6.2%	-4.0%	3.0%	0.8%	-0.0%	5.1%	6.4%	-13.4%	-6.9%	0.9%	12.7%	-9.7%	-2.2%	2.4%	17.8%	-29.7%	-0.0%	4.7%	15.2%	-10.1%	4.9%	5.7%	19.1%	-30.1%	6.1%	8.1%	18.5%	-13.1%
Other income	12	19	50	21	22	47	20	13	22	14	88	26	22	23	152	15	17	15	10	16	21	13	53	12	7	9	36	6	8	15	32	7	7	10	15	5	9	19	30	5	4	4	12	5	4	5	9	9
Interest	4	6	12	6	6	10	18	10	15	13	11	12	15	14	18	15	23	23	27	29	35	37	40	30	33	30	18	21	18	18	13	12	12	13	13	10	10	13	15	11	11	13	13	11	14	18	16	12
Depreciation	4	4	6	5	7	6	9	7	9	8	9	8	8	8	10	10	10	10	13	12	12	13	14	13	13	13	14	12	13	13	13	13	13	13	15	15	15	18	14	15	16	16	17	17	18	17	17	18
Profit before tax	38	90	184	-17	67	90	248	8	20	71	220	22	13	69	83	21	20	47	-22	-39	-62	-63	43	-26	-39	6	68	-96	-55	-11	169	-75	-30	3	166	-107	-17	22	200	-85	10	17	222	-160	17	45	230	-97
Tax	14	31	65	0	12	31	76	3	7	24	63	7	-1	18	13	6	4	7	-8	0	0	0	-42	0	0	0	4	0	0	0	0	0	0	0	12	0	0	0	14	0	0	0	34	0	0	0	67	0
Net profit	24	59	118	-17	56	59	172	5	14	47	157	14	15	50	70	16	15	40	-14	-39	-62	-63	85	-26	-39	6	64	-96	-55	-11	169	-75	-30	3	155	-107	-17	22	186	-85	10	17	188	-160	17	45	162	-97
EPS ₹	5.95	14.23	28.46	-4.19	13.33	14.10	41.31	1.27	3.27	11.20	37.77	3.46	3.54	12.10	16.87	3.81	3.67	9.62	-3.36	-9.47	-14.99	-15.21	20.49	-6.20	-9.34	1.32	15.34	-22.94	-13.24	-2.74	40.55	-17.98	-7.24	0.74	37.12	-25.72	-3.99	5.22	44.76	-20.44	2.45	4.01	45.07	-38.50	4.06	10.73	38.96	-23.26
Revenue YoY	—	—	—	—	29.2%	1.7%	20.4%	61.7%	-21.3%	9.9%	-5.4%	13.2%	5.4%	-5.3%	-21.6%	5.1%	55.6%	-12.7%	-15.2%	-23.6%	-25.9%	17.8%	41.4%	41.1%	28.0%	15.8%	-30.5%	-16.0%	-39.9%	-26.4%	64.1%	17.7%	37.7%	32.4%	-21.2%	-50.0%	-27.0%	-5.8%	30.5%	113.9%	52.1%	1.7%	-4.8%	-28.0%	6.4%	26.3%	9.3%	27.8%
Profit YoY	—	—	—	—	128.2%	-0.8%	45.2%	—	-75.5%	-20.6%	-8.6%	171.7%	8.4%	8.0%	-55.3%	10.2%	3.8%	-20.4%	-119.9%	-348.5%	-508.1%	-258.1%	—	—	—	—	-25.1%	—	—	-307.3%	164.3%	—	—	—	-8.5%	—	—	601.3%	20.6%	—	—	-23.2%	0.7%	—	65.6%	167.8%	-13.6%	—

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 22 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	2.3%	2.3%	3.6%	-4.8%	-3.0%	-2.5%	9.0%	9.3%	9.3%	11.7%	10.9%	13.4%	10.7%	10.6%	9.7%	10.1%	10.4%	7.1%	5.5%	1.5%	2.8%	5.7%
ROCE	0.9%	2.6%	3.4%	-2.1%	-0.6%	-0.7%	8.7%	11.6%	11.8%	13.0%	12.8%	15.4%	15.4%	13.1%	12.2%	14.7%	14.9%	13.1%	11.4%	7.6%	8.8%	8.2%
Net margin	1.8%	1.8%	2.8%	-6.0%	-3.6%	-2.6%	4.8%	5.7%	5.9%	7.0%	6.6%	8.8%	7.0%	7.0%	6.7%	7.3%	7.4%	5.0%	3.6%	1.0%	1.8%	3.3%
EBITDA margin	1.5%	3.1%	3.7%	-2.1%	-0.1%	-0.6%	7.3%	9.3%	9.7%	9.9%	9.0%	10.8%	10.6%	11.1%	11.7%	12.6%	12.6%	12.7%	10.7%	6.9%	7.7%	7.3%
Debt / equity	0.18	0.18	0.18	0.34	0.34	0.34	0.29	0.16	0.16	0.16	0.16	0.02	0.02	0.24	0.24	0.08	0.08	0.24	0.24	0.10	0.10	0.22
Interest coverage	0.58	1.73	2.41	-2.29	-0.56	-0.57	5.62	7.00	7.33	7.91	8.69	10.78	11.05	10.17	7.84	8.43	8.41	9.19	8.89	5.40	5.77	5.29
Asset turnover	0.57	0.56	0.57	0.31	0.32	0.38	0.83	0.78	0.76	0.80	0.80	0.74	0.76	0.68	0.65	0.68	0.68	0.67	0.71	0.62	0.65	0.68

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 13 periods

	MAR '18‡	MAR '19‡	MAR '21‡	MAR '22‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	42	42	42	42	42	42	42	42	42	42	42	42	42
Other equity / reserves	2,159	2,146	2,173	2,315	2,174	2,380	2,325	2,626	2,658	2,846	2,759	2,892	2,831
Total equity	2,201	2,187	2,214	2,357	2,215	2,421	2,367	2,668	2,699	2,887	2,800	2,934	2,873
Borrowings	440	402	743	823	646	381	380	61	638	229	666	307	630
Current liabilities	1,679	2,012	2,090	2,027	1,910	1,786	1,719	1,887	2,210	1,867	2,008	2,866	2,999
Non-current liabilities	805	813	1,430	1,325	916	802	815	891	1,073	1,118	1,128	1,212	1,354
Total assets	4,685	5,012	5,734	5,709	5,041	5,010	4,901	5,445	5,982	5,872	5,935	7,011	7,226
Property, plant & equipment	543	584	559	585	575	522	472	493	506	543	562	645	685
Capital work-in-progress	68	25	9	6	8	9	27	37	45	107	171	276	429
Investments	0	0	0	0	0	0	0	0	6	6	6	8	8
Inventories	1,807	1,710	1,975	2,073	2,292	2,061	2,146	2,256	2,666	2,379	2,469	2,338	2,609
Receivables	1,651	1,614	1,885	1,861	1,187	1,237	1,116	1,439	1,452	1,696	1,439	2,274	1,938
Cash & equivalents	2	22	4	22	10	9	9	8	8	4	36	7	6

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 7 periods

	FY18‡	FY19‡	FY22	FY23	FY24	FY25	FY26
Cash from operations	130	257	51	563	458	183	118
Cash from investing	-62	-62	-25	-20	-68	-205	-354
Cash from financing	-101	-129	-10	-335	-130	-139	238
Capex	66	65	42	49	101	193	381
Free cash flow	64	192	9	515	357	-10	-263
Dividends paid	—	—	35	32	42	85	89

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹685 cr9%

CWIP

₹429 cr6%

Investments

₹8 cr0%

Inventories

₹2,609 cr36%

Receivables

₹1,938 cr27%

Cash & equivalents

₹6 cr0%

Other assets

₹1,551 cr21%

Peer comparison

largest in Capital Goods · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Hindustan Aeronautics Ltd.	3,33,052	4,980.00	35.7	8.12	22.7%
Bharat Electronics Ltd.	2,89,468	396.00	45.2	11.02	24.4%
Tata Motors Ltd.	1,56,797	425.50	24.8	10.26	41.3%
Bharat Heavy Electricals Ltd.	1,45,828	418.80	50.7	5.45	10.8%
ABB India Ltd.	1,43,541	6,774.00	55.7	15.37	27.6%
Siemens Ltd.	1,26,736	3,560.00	28.2	8.02	28.4%
Hitachi Energy India Ltd.	1,23,988	27,800.00	107.8	23.95	22.2%
CG Power and Industrial Solutions Ltd.	1,21,786	773.00	89.1	13.94	15.6%
Polycab India Ltd.	1,18,610	7,871.00	37.6	9.06	24.1%
Cummins India Ltd.	1,12,233	4,048.80	49.8	13.52	27.1%
BEML Ltd.	16,318	1,953.20	99.7	5.68	5.7%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-2.6%

6 months-2.3%

1 year-9.4%

3Y CAGR+24.2%

5Y CAGR+23.8%

10Y CAGR+18.0%

50-day avg₹1,995.93

200-day avg₹1,808.09

RSI (14)49

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FAQs

What is the share price of BEML Ltd.?

BEML Ltd. (BEML) closed at ₹1,953.20 on NSE on 06 Nov 2026.

What is the market cap of BEML Ltd.?

₹16,318 crore at the latest close.

What is the P/E ratio of BEML Ltd.?

99.7, on trailing-twelve-month earnings from its filings.

How fast is BEML Ltd. growing?

BEML Ltd.: revenue has compounded at 3.7% a year over three years; net profit at -3.6% a year. Latest-quarter revenue is up 42.0% year on year.

How profitable is BEML Ltd.?

On a trailing-twelve-month basis return on equity is 5.7%, return on capital employed 8.2%, operating margin 7.3%, net margin 3.3%.

How much debt does BEML Ltd. have?

BEML Ltd. is lightly geared: debt to equity is 0.22 with borrowings of ₹630 cr against cash of ₹6 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.3 times.

Financials parsed from BEML Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Mar '18. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.