Mumbai, October 1 (Markets Update) – Shares of BEML Ltd, a prominent metro car and equipment manufacturer, gained up to 2.2% in today’s session after the company’s board fixed the record date for its upcoming stock split.
Stock Split Details
The Board of Directors has set Monday, November 3, 2025, as the record date for the 1:2 stock split.
- Each equity share of face value ₹10 will be split into two equity shares of ₹5 each.
- The move is aimed at enhancing liquidity and retail participation in the stock.
Shares were last seen trading at ₹4,111.55 apiece, up 1.21% from the previous close of ₹4,062.35. The company’s market capitalization currently stands at ₹17,149.41 crore.
Financial Performance
For Q1FY26, BEML reported:
- Revenue: ₹634 crore (flat year-on-year).
- Net loss: Narrowed to ₹64 crore vs ₹70 crore last year, showing gradual improvement in cost efficiency and operations.
While profitability remains a challenge, analysts view the narrowing losses as a sign of incremental stability.
Business Segments
BEML has a diversified portfolio across key infrastructure and strategic sectors:
- Defence & Aerospace: 27% of sales
- Mining & Construction: 54%
- Rail & Metro: 19%
The government retains a 54% equity stake, underscoring BEML’s strategic importance to India’s defence and infrastructure growth.
Presence and Operations
The company operates large manufacturing complexes in Bengaluru, Mysuru, Kolar Gold Fields, and Palakkad, supported by zonal, regional, and district offices. Its defence spares divisions and seaport offices strengthen delivery efficiency and customer outreach across India.
Order Book Momentum
BEML’s order book has been on a strong upward trajectory:
- FY23: ₹8,570 crore
- FY24: ₹11,872 crore
- FY25: ₹14,610 crore
This consistent rise reflects robust demand in defence, mining, and metro sectors, ensuring long-term revenue visibility.
Outlook
With its diversified portfolio, government support, and a rising order book, BEML is well-positioned for long-term growth. The upcoming stock split and operational improvements may further strengthen investor sentiment.
Disclaimer
The views and investment tips expressed by experts, broking houses, or rating agencies are their own, and not that of Trade Brains or its management. Investing in equities carries risks. Please consult your financial advisor before making any investment decisions.
