āagman

Not investment advice. Data and computed figures, for information only.

BEML Ltd

NSE: BEML
₹1,935.20
−₹58.40 (−2.93%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹15,781 Cr
CMP
₹1,935.20
52-wk High / Low
₹4,552 / 1,355
P/E
88.4
P/B
5.4
Book Value
₹352.0
Div Yield
0.90%
ROCE
8.0%
ROE
4.8%
Face Value
₹5
D/E
0.11

Price−55.7% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹367
√(22.5 × EPS × book value per share)
ROIC
4.7%
vs 12.3% sector median
Cash flow to profit
0.84
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+797
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
1.0%
ROE × earnings retention ratio
ROE stability
2.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.11DII +0.69
Latest quarter vs the previous one
Cash-accrual divergence
0.3%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 45.7% since FY2016 (569 to 309)
+Price trades above its 200-day moving average (1.1x)
Watch-outs
−Latest ROCE of 8% trails the sector median of 19%
−Price is 57.5% below its 52-week high
−Annualised volatility of 79.6% is in the high band (≥45%)
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5779171,0471,5146348608761,6536348391,0831,794820
Expenses6278589911,1436847878151,2306837661,0801,523818
Operating Profit−515956370−507360422−497342722
OPM %−8.8%6.4%5.3%24.4%−7.9%8.5%6.8%25.5%−7.7%8.7%0.4%15.2%0.2%
Other Income11034511554974102
Interest101181191617131010121414
Depreciation16161617171719192020212223
Profit before tax−754267348−755530395−7050−25245−34
Net Profit−755248257−705124288−6448−22180−27
EPS (₹)−9.006.225.7930.83−8.466.132.9334.52−7.705.77−2.6921.59−3.24

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,8022,9752,4943,2393,4743,0253,5574,3373,8994,0544,0224,3514,536
Expenses2,7282,8252,3412,9863,2372,9423,4194,0123,5303,6093,5164,0514,186
Operating Profit7414915325323884138325369445506299350
OPM %2.6%5.0%6.1%7.8%6.9%2.8%3.9%7.5%9.5%11.0%12.6%6.9%7.7%
Other Income6042632523496062242242922
Interest76565548604139654942544549
Depreciation53576365717271666464718387
Profit before tax579981641301987200278382404200236
Net Profit66485130636469129158282293141178
EPS (₹)0.717.7310.1815.577.587.678.2715.4618.9633.8335.1217.0021.43

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital424242424242424242424242—
Reserves2,0352,0882,1412,1592,1462,2112,1732,3152,3802,6262,8462,892—
Borrowings64556943844640434174383238171229309—
Other Liabilities1,9211,7222,1372,0972,4952,5702,8852,6242,3042,8522,9283,892—
Total Liabilities4,6434,4204,7574,7445,0865,1635,8435,8135,1075,5916,0447,135—
Fixed Assets482557583595631621601621505528580684—
CWIP1921047968251514142337107298—
Investments000000000068—
Other Assets3,9693,7594,0944,0814,4304,5275,2285,1784,5795,0265,3516,146—
Total Assets4,6434,4204,7574,7445,0865,1635,8435,8135,1075,5916,0447,135—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity39454880209130257106−3015156045899118
Cash from Investing Activity−28−36−33−59−62−62−51−49−25−20−68−210−354
Cash from Financing Activity−427−384−105−160−101−1293−176−10−331−130107238
Net Cash Flow−61128−57−11−336557−52616208260−42

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %4.03.05.06.08.07.02.05.09.010.015.016.08.0
ROE %————————————4.8
EPS (₹)0.730.717.7310.1815.577.587.678.2715.4618.9633.8335.1217.00
Book Value (₹)————————————352.0
Face Value (₹)————————————5
P/E————————————88.4
Div Yield %————————————0.90
NPM %0.20.22.13.34.01.82.11.93.04.06.97.23.2
OPM %5.02.65.06.08.07.02.83.98.09.011.013.07.0
D/E0.460.310.270.200.200.180.150.340.350.160.030.080.11
P/B————————————5.4

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+4.0%
5 years+4.0%
3 years+4.0%
TTM+13.0%
Compounded profit growth
10 years+8.0%
5 years+15.0%
3 years−3.0%
TTM−40.0%
Stock price CAGR
10 years+18.0%
5 years+25.0%
3 years+18.0%
Last year−13.0%
Return on equity
10 years6.0%
5 years8.0%
3 years9.0%
Last year5.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters54.03%54.03%54.03%54.03%54.03%54.03%54.03%54.03%54.03%54.03%54.03%54.03%
FIIs7.78%7.78%3.99%3.71%2.41%1.36%6.15%5.44%9.91%7.26%5.59%5.48%
DIIs22.90%22.90%24.27%25.31%26.35%21.29%19.08%19.72%17.79%18.69%18.71%19.40%
Government————————————
Public15.29%15.29%17.71%16.95%17.21%23.32%20.75%20.79%18.28%20.00%21.68%21.10%
No. of shareholders55,39855,39866,47670,49874,8691,00,99288,26794,7671,21,0011,92,7972,00,6091,97,269
Change since Jun 2023 (pp)
Promoters +0.00FIIs −2.30DIIs −3.50Public +5.81

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseShareholder Meeting / Postal Ballot-Scrutinizer''s ReportAnnouncement under Regulation 30 (LODR)-CessationAnnouncement under Regulation 30 (LODR)-Cessation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2025Annual Report 2024Annual Report 2023
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026RecordingJun 2026TranscriptJun 2026PPTJun 2026RecordingFeb 2026TranscriptDec 2025TranscriptDec 2025PPTJun 2025TranscriptJun 2025PPT

Corporate actions

As of 22 Sep 2026
22 Sep 2026DIVIDENDDividend - Rs 12.28 Per Share—
5 Jun 2026DIVIDENDInterim Dividend - Rs 2.30 Per Share—
13 Feb 2026DIVIDENDInterim Dividend - Rs 2.50 Per Share—
3 Nov 2025SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share10 : 5
22 Sep 2025DIVIDENDDividend - Rs 1.20 Per Share—
15 May 2025DIVIDENDInterim Dividend - Rs 15 Per Share—
14 Feb 2025DIVIDENDInterim Dividend - Rs 5 Per Share—
13 Sep 2024DIVIDENDAnnual General Meeting/Dividend - Rs 15.50 Per Share—
16 Feb 2024DIVIDENDInterim Dividend - Rs 5 Per Share—
20 Sep 2023DIVIDENDDividend - Rs 5 Per Share—
24 Feb 2023DIVIDENDInterim Dividend - Rs 5 Per Share—
15 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 5 Per Share—
8 Sep 2022DEMERGERDemerger—
29 Mar 2022DIVIDENDInterim Dividend - Rs 5 Per Share—
16 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 1.20 Per Share—
17 Feb 2021DIVIDEND Interim Dividend - Rs 4.80 Per Share—
17 Sep 2020DIVIDEND Annual General Meeting/Dividend - Rs 3.50 Per Share—
19 Mar 2020DIVIDEND Interim Dividend - Rs 2.5 Per Share—
19 Sep 2019DIVIDEND Dividend - Rs 2.50 Per Share—
28 Mar 2019DIVIDEND Interim Dividend - Rs 4.50 Per Share—
19 Sep 2018DIVIDEND Annual General Meeting/Dividend- Rs 8 Per Share—
13 Sep 2017DIVIDEND Annual General Meeting/Dividend - Rs 8 Per Share—
7 Sep 2016DIVIDEND Dividend - Rs 4/- Per Share—
7 Sep 2015DIVIDEND Dividend - Re 1/- Per Share—
20 Aug 2014DIVIDENDAnnual General Meeting / Dividend - Re 1/- Per Share—
5 Sep 2013DIVIDENDAnnual General Meeting / Dividend - Rs 2.50/- Per Share—
6 Sep 2012DIVIDENDAnnual General Meeting And Dividend Rs.5/- Per Share—
23 Aug 2011DIVIDENDDividend-Rs.10/- Per Share—
9 Aug 2010DIVIDENDAnnual General Meeting And Dividend Rs.10/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman