1:2 stock split & Rs 14,610 crore order book: President of India-backed company bagged an order of Rs 282 crore from Ministry of Defence

BEML Limited has bagged an order from the Ministry of Defence for the supply of HMV 8X8 with a contract value of approximately Rs 282 crore.

Additionally, BEML Ltd and TuTr Hyperloop Pvt Ltd (THPL) have signed a non-binding Memorandum of Understanding (MoU) for the development and deployment of innovative high-speed mobility solutions and optimised transportation technologies for various projects, including but not limited to Hyperloop, LIM-based cargo transport, and customised wagons, etc. THPL will be the design partner & BEML will be the manufacturing partner for all the projects taken up under this association.”

The Board has also approved a 1:2 stock split, converting 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 is contingent on shareholder approval and aims to align with DIPAM Guidelines on Capital Restructuring, encourage broader participation from small investors, and enhance the liquidity of BEML's equity shares in the stock market. The entire process is anticipated to be completed within 2-3 months following shareholder approval.

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, the net sales increased by 87 per cent to Rs 1,653 crore and net profit increased by 1,100 per cent to Rs 288 crore in Q4FY25 compared to Q3FY25. 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 16,000 crore and as of March 31, 2025, the company’s order book stands at Rs 14,610 crore. The stock is up by 73 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.