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Share Gained More Than 14% In The Last 5 Days; 38% Revenue Comes From Railways

BEML Ltd Share Price History

If we look at BEML Ltd (NSE: BEML) stock, the stock has climbed more than 14% in the last 5 days. There has been an increase of 38% over a single month. On June 5, this stock was at Rs 3,685. 

If we look at 6 months, on January 5, this stock was at Rs 3,095, which has now touched a level above 5400 with a gain of 64%. The stock has gained 78% so far this year and 218% in the last 1 year.

The Company’s Revenue Increased, Order Book Is Strong

The company has 3 business verticals, from which it gets revenue. 43% of revenue comes from Mining and Construction, 38% from Railways, and 19% from Defense and Aerospace. 

The contribution of Railways has increased from 27% to 38%. The total order book of the company, as of 30 March 2024 is 11872 crore rupees which is up 39% year-on-year.

The company will benefit from the increase in demand for heavy mining equipment under the Made in India campaign.

BEML Ltd Gets The Order

The company has also received a big order. In the railway segment, an order for 10 rakes of Vande Bharat sleeper trains has been received from ICF. 

The company anyway has a major government and PSUs client base. Coal India Limited, the Ministry of Defense, and several metro rail corporations are its clients. 

Most PSU clients usually place orders in August or September after the budget is approved. There are many repeat orders within the metro and rail industries.

BEML Ltd Workforce Reduction

Along with this, there has been a continuous reduction in employee costs. Around 25 percent of the workforce will retire in the next two years. Employee costs will decrease by about 4% by FY26. 

Finance costs will be reduced by 15% compared to last year. If we look at the financials, the margin has increased 2 times and PAT 4 times in FY24 compared to FY21. Around 14% margin is expected in FY26.

Legendary Government Company BEML Ltd

Let us tell you that BEML Ltd, established in 1964, is the country’s leading PSU under the Ministry of Defense. It is among the biggest companies that manufacture earthmoving machines in Asia.

It manufactures products like earth-moving equipment, tanks, armored vehicles, and artillery guns for the army. It also manufactures rail coaches, locomotives, and wagons.

It is also a significant contribution to the expanding railroad network of the country.

BEML Ltd Stock Performance

Current Price₹ 5,060
52-wk High₹ 5,489 
52-wk Low₹ 1,543
5 Days Return13.92%
1 Month Return27.83%

Key Fundamentals Parameters

Market Cap₹ 21,070 Cr.
Stock P/E74.8
Book Value₹ 641
Dividend0.20 %
ROCE15.2 %
ROE11.1 %
Face Value₹ 10.0
P/B Value7.89
OPM10.9 %
EPS₹ 67.7
Debt₹ 70.9 Cr.
Debt to Equity0.03

BEML Ltd Shareholding Pattern

Promoters Holding
Mar 202354.03%
June 202354.03%
Sept 202354.03%
Dec 202354.03%
Mar 202454.03%
FII Holding
Mar 20235.44%
Jun 20236.08%
Sep 20236.79%
Dec 20239.12%
Mar 20249.91%
DII Holding
Mar 202319.72%
Jun 202319.51%
Sep 202319.03%
Dec 202318.97%
Mar 202417.79%
Hot Stocks Alert Join
Public Holding
Mar 202320.79%
Jun 202320.38%
Sep 202320.16%
Dec 202317.87%
Mar 202418.28%

BEML Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 3,025 Cr
2021₹ 3,597 Cr
2022₹ 4,337 Cr
2023₹ 3,899 Cr
2024₹ 4,054 Cr

Last 5 Years’ Net Profit:

2020₹ 64 Cr
2021₹ 69 Cr
2022₹ 129 Cr
2023₹ 158 Cr
2024₹ 282 Cr

Conclusion

This article provides a detail guide about BEML Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

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