Synopsis:
BEML secured a Rs. 293.82 crore Ministry of Defence order for HMV 6×6 vehicles, further strengthening its defence portfolio.
A major heavy engineering and defense equipment manufacturer, known for supplying specialized vehicles to India’s armed forces, has secured a significant contract. This article covers the company’s recent landmark order worth Rs. 293.82 crore from the Ministry of Defence which spurred an immediate 3% surge in its stock price following the announcement.
BEML Limited’s stock, with a market capitalisation of Rs. 18,073 crores, rose to Rs. 4,423.20, up 3.2 percent from its previous closing price of Rs. 4,285.70. However, the stock over the past year has given a negative return of 5.58 percent.
Order Details
BEML Limited has secured a significant order from the Ministry of Defence for the supply of HMV 6X6 vehicles. The contract is valued at approximately Rs. 293.82 crore. The contract further strengthens BEML’s position as a trusted supplier of advanced defence equipment and reflects its continued momentum in securing high-value, defence-related projects.
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Order Book
BEML’s order book has shown consistent and significant growth over the past three financial years. In FY 2022-23, the company reported an order book of Rs. 8,570 crore, which rose to Rs. 11,872 crore in FY 2023-24, marking a robust 39% increase. The upward trend continued in FY 2024-25, with the order book reaching Rs. 14,610 crore this reflects a 23% growth over the previous year. This steady rise highlights strong demand for BEML’s products and services, as well as the company’s improving execution capabilities and strategic order wins.
Q1 Financial Update
In Q4FY25, the company reported revenue of Rs. 1,653 crore, marking a growth of 9% YoY from Rs. 1,514 crore in Q4FY24 and a sharp 89% QoQ rise from Rs. 876 crore in Q3FY25. Despite a 3-year sales CAGR of -2%, the recent quarter reflects a strong recovery in topline performance.
Net profit for Q4FY25 stood at Rs. 288 crore, up 12% YoY from Rs. 257 crore and 1,100% higher than the Rs. 24 crore reported in Q3FY25. Over a three-year period, profit has grown at a CAGR of 32%, while return on equity (ROE) has improved at a 3-year CAGR of 9%, indicating steady value creation and improving profitability.
Written By Fazal Ul Vahab C H
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