This analysis examines BEML Ltd. (BEML) through the lens of its financial statements, valuation metrics, and institutional ownership patterns.
BEML Revenue Trend
Revenue slipped 1.2% to ₹4,046 Cr in FY2025 — a step back from the ₹4,097 Cr BEML Ltd. recorded in FY2024.
On a 10-year view, revenue grew from ₹2,802 Cr to ₹4,046 Cr at a 3.7% CAGR — slow growth that may signal a maturing business.
At ₹4,046 Cr in annual revenue, BEML Ltd. is one of the mid-sized players in the engineering space.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹4,046 Cr | -1.2% |
| FY2024 | ₹4,097 Cr | +4.4% |
| FY2023 | ₹3,923 Cr | -9.7% |
| FY2022 | ₹4,343 Cr | +43.6% |
| FY2021 | ₹3,025 Cr | — |
View BEML Ltd.'s full 10-year revenue trend with CAGR analysis →
BEML Profitability
BEML Ltd. delivered net profit of ₹293 Cr in FY2025, a solid 3.8% jump from ₹282 Cr in FY2024.
On the margin front, things were flat — net profit margin stayed around 7.2% in FY2025.
The diluted EPS figure moved up to ₹35.12 in FY2025, against ₹33.83 posted in FY2024.
Is BEML Undervalued
The P/E Ratio model estimates an intrinsic value of ₹1,972, implying a 12.2% upside from the current price.
BEML Ltd. shares are currently trading at ₹1,757.30.
Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹1,972 | 12.2% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for BEML Ltd. with detailed assumptions →
BEML Shareholding Pattern
Promoter holding has remained stable at 54.0% over the past 4 quarters, indicating confidence in the company's direction.
The FII stake is at 5.6% as of March 2026, compared to 5.7% in the year-ago period.
As of March 2026, DIIs own 18.7% of the company — down from 18.8% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 54.0% | 5.6% | 18.7% | 21.7% |
| Dec 2025 | 54.0% | 5.5% | 18.4% | 22.1% |
| Sep 2025 | 54.0% | 5.8% | 18.5% | 21.6% |
| Jun 2025 | 54.0% | 5.7% | 18.8% | 21.5% |
Track quarterly shareholding changes for BEML Ltd. →
BEML Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹58.72B, up 7.8% YoY from ₹54.45B.
Inventories accounts for 40.5% of the total, ahead of Receivables (28.9%) and Other Assets (18.9%).
Capital structure: 49.2% equity, 3.9% debt, 46.9% operating liabilities. Over the year, debt is up 222.5% and equity is up 8.2%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 43.79M |
| Receivables | 16.96B |
| Inventories | 23.79B |
| Property, Plant & Equipment | 6.42B |
| Investments | 58.14M |
| Intangibles & Goodwill | 369.34M |
| Other Assets | 11.08B |
| Category | Value |
|---|---|
| Equity | 28.87B |
| Short-term Debt | 2.20B |
| Long-term Debt | 90.72M |
| Trade Payables | 7.10B |
| Other Liabilities | 20.47B |
BEML — The Bottom Line
What should investors take away from BEML Ltd.'s (BEML) latest numbers? Here's the summary.
Revenue of ₹4,046 Cr in FY2025, down 1.2% year-over-year.
Long-term revenue has been compounding at 3.7% annually over 10 years.
The company is profitable, with a net margin of 7.2% and net income of ₹293 Cr.
The P/E Ratio model implies 12.2% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
For the complete 10-year financial history with interactive charts and growth analysis, explore BEML Ltd.'s detailed profile on Craytheon.