Synopsis: Shares fell over 50% following the record date for a 1:2 stock split, causing a price adjustment. Despite this, the firm maintains strong operations, diversified revenue streams, expanding exports, and record order book growth across defence, mining, construction, and rail sectors.
The shares of the heavy equipment manufacturer fell up to 50.35 percent in today’s trading session, as today is the record date for the stock split to the eligible shareholders.
With a market capitalisation of Rs 18,157.00 crore, the shares of BEML Ltd were trading at Rs 2,180.00 per share, decreasing around 0.91 percent as compared to the previous closing price of Rs 2,199.95 apiece.
Stock Split
BEML’s shares dropped 50.40% on November 1, 2025, due to the 1:2 stock split record date. The sharp decline reflects the stock adjusting for the bonus & split allotment. This corporate action was already approved & fixed the record date was fixed on September 29. Some brokerage trading apps may still be displaying the unadjusted price, making the fall appear more severe than it actually is. This step aligns with SEBI norms and aims to boost liquidity and investor confidence.
Financial & Operational Highlights
The company reported stable revenue of ₹634 crore in Q1FY26, matching last year’s levels. Notably, the net loss narrowed to ₹64 crore from ₹70 crore, reflecting improved cost management and early signs of operational efficiency despite limited topline growth during the quarter.
BEML’s business portfolio shows strong diversification across key sectors. Mining & Construction leads with 54% of total sales, reflecting its core revenue driver. Defence & Aerospace contributes 27%, underscoring its strategic role in India’s defence manufacturing, while Rail & Metro accounts for 19%, supported by growing investments in urban mobility and infrastructure development.
BEML has a strong pan-India presence with 4 manufacturing complexes, 12 regional offices, and 16 district offices. Its network spans key industrial and defence hubs, including Bengaluru, Mysuru, Kolar Gold Fields, and Palakkad. This widespread footprint enables efficient operations, customer support, and timely delivery across defence, mining, construction, and metro sectors nationwide.
BEML also established a global presence, exporting over 1,400 pieces of equipment to 72 countries across continents. Its mining and construction products reach worldwide, while defence exports serve nations like Israel and Sri Lanka. Additionally, railway products are supplied to Sri Lanka and Bangladesh, reinforcing BEML’s global credibility and diversified export portfolio.
BEML achieved record performance in FY2024-25 with its highest-ever order book of ₹14,610 crore. The company advanced defence innovations, including high-mobility vehicles and a 1500 hp engine program, while strengthening its rail portfolio by securing metro and high-speed train contracts for Indian Railways.
BEML Limited, a leading public sector enterprise under India’s Ministry of Defence, manufactures heavy equipment for defence, mining, construction, and rail sectors. With a strong domestic base and global reach across 72 countries, BEML plays a vital role in India’s infrastructure growth and self-reliance in strategic industries.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
