1:2 stock split & Rs 14,429 crore order book: BEML Ltd signs MoU with Tesmec, S.p.A Italy
DSIJ Intelligence-1 / 24 Oct 2025/ Categories: Mindshare, Trending
The stock is up by 94 per cent from its 52-week low of Rs 2,346.35 per share and has delivered good profit growth of 35.8 per cent CAGR over the last 5 years with a healthy dividend payout of 21.3 per cent.
BEML Limited and TeSMEc, S.p.A Italy have entered into a Memorandum of Understanding (MoU) for introducing Surface Miner equipment by BEML for mining applications.
Additionally, the Board of Directors has approved a 1:2 stock split, a move that will convert each existing equity share with a face value of Rs 10 into two equity shares with a face value of Rs 5 each. This sub-division, which is subject to shareholder approval, is intended to align with the DIPAM Guidelines on Capital Restructuring, broaden participation from small investors, and ultimately enhance the liquidity of BEML's shares in the stock market. The company has set Monday, November 3, 2025, as the Record Date for determining the eligibility of shareholders for this stock split.
About the Company
BEML Limited is a leading multi-technology ‘Schedule A’ company under the Ministry of Defence, which plays a pivotal role in serving India’s core sectors like defence, rail, power, mining and Construction by offering world-class products. BEML operates in three verticals, viz. defence & Aerospace, mining & construction and rail & metro and has state-of-the-art manufacturing facilities located at Bangalore, Kolar Gold Fields (KGF), Mysore, Palakkad, with very strong R&D infrastructure and a nationwide network of sales and services. BEML Limited, a committed player in the field of manufacturing earthmoving, transportation and construction equipment, celebrates a rich legacy spanning six decades of relentless pursuit of excellence and innovation.
According to Quarterly Results (Q1FY26), the company reported net sales of Rs 634 crore and net loss of Rs 64 crore. In its annual results, the net sales decreased by 1 per cent to Rs 4,022 crore and net profit increased by 4 per cent to Rs 293 crore in FY25 compared to FY24.
The company has a market cap of over Rs 18,000 crore and as of June 30, 2025, the company’s Order Book stands at Rs 14,429 crore. The stock is up by 94 per cent from its 52-week low of Rs 2,346.35 per share and has delivered good profit growth of 35.8 per cent CAGR over the last 5 years with a healthy dividend payout of 21.3 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.