Rs 14,610 crore order book: President of India-backed Heavy Earthmoving Equipment Manufacturer and Hindustan Shipyard Sign MoU for Collaboration on Advanced Marine Systems

BEML Limited and Hindustan Shipyard Limited (HSL) have signed a non-binding Memorandum of Understanding (MoU) to collaborate on the co-creation of advanced marine systems-encompassing innovation, indigenous design, manufacturing, and end-to-end lifecycle support.

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 18,000 crore and as of March 31, 2025, the company’s order book stands at Rs 14,610 crore. The stock is up by 95 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.