
About Beml Limited
Data last updated:
Beml Limited is a public limited union government company based in Bangalore, Karnataka, India. It operates in the defence vehicles and armored transport segment of the aerospace, maritime and defence sector. It was incorporated on 11 May 1964 and has been in existence for over 62 years.
Beml is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L35202KA1964GOI001530. Its GSTIN is 29AAACB8433D1ZU (Karnataka). The company holds 42 GST registrations, of which 36 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500048 and NSE: BEML.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹41.64 Cr. It was formerly known as Bharat Earth Movers Limited and Bharat Earth Movers Ltd. It is led by directors including Shantanu Roy (Managing Director) and Sachin Vinayakrao Dighde (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bemlsoudhano.23/1 4 Thmainsrnagar, Bangalore, Karnataka, India – 560027.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,350.53 Cr, a growth of 8.2% compared to the previous year. For the same year it recorded a net profit of ₹139.24 Cr (net margin 3.2%) and EBITDA of ₹299.02 Cr (EBITDA margin 6.9%). The net worth stands at ₹2,933.8 Cr (up 1.6% YoY). Total assets are valued at ₹4,438.73 Cr (up 5.1% YoY).
The company has about 4,159 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: BEML. As per MCA filings, the company has open charges of ₹4,500 Cr and satisfied charges of ₹398.4 Cr on record. Court records list 1,010 cases involving the company, including 411 filed by the company and 601 filed against it; 92 cases are pending. The company has 73 deals on record (69 market trades, 3 secondary share transfers); the latest was in June 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bemlindia.in.
Company details
Name history
Beml has undergone 2 name changes throughout its history. The company was previously known as Bharat Earth Movers Limited, and Bharat Earth Movers Ltd. The current legal name is Beml Limited.
| Company Name | Status |
|---|---|
| Beml Limited | Current |
| Bharat Earth Movers Limited | Previous |
| Bharat Earth Movers Ltd | Previous |
CIN history
Beml has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L35202KA1964GOI001530, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35202KA1964GOI001530 | Current |
| U35202KA1964GOI001530 | Previous |
| U35202KA1954PLC001530 | Previous |
Recognitions & Rankings of Beml
Contact details
Beml Limited's registered office is in Bangalore, Karnataka. Its website is bemlindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBemlsoudhano.23/1 4 Thmainsrnagar, Bangalore, Karnataka, India – 560027
- IndustryAerospace, Maritime and Defense, Defence Vehicles & Armored Transport
To see the full contact details of Beml Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Beml operates one associated brand: BEML. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of rail coaches, spare parts, mining, construction, and defense equipment | bemlindia.in |
Business activity
The main business activity of Beml is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Beml Limited, buy the company report.
Financials of Beml Limited
FY 2025-26 filings availableBeml Limited reported revenue of ₹4,350.53 Cr (up 8.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,351 | 4,022 | 4,054 | 3,899 | 4,337 | 3,557 | 3,025 |
| Revenue growth | +8.2% | -0.8% | +4.0% | -10.1% | +22.0% | +17.6% | - |
| EBITDA | 299 | 506 | 445 | 367 | 325 | 138 | 83.92 |
| EBITDA margin | +6.9% | +12.6% | +11.0% | +9.4% | +7.5% | +3.9% | +2.8% |
| Profit before tax | 200 | 404 | 382 | 278 | 200 | 87.11 | 19.36 |
| Net profit | 139 | 289 | 281 | 150 | 128 | 68.76 | 63.61 |
| Net profit margin | +3.2% | +7.2% | +6.9% | +3.9% | +3.0% | +1.9% | +2.1% |
| EPS (₹) | 16.95 | 70.04 | 67.46 | 37.80 | 30.83 | 16.49 | 15.28 |
| Balance sheet | |||||||
| Total assets | 4,439 | 4,225 | 3,620 | 3,595 | 4,505 | 4,288 | 3,773 |
| Net worth | 2,934 | 2,887 | 2,668 | 2,421 | 2,357 | 2,214 | 2,253 |
| Total debt | 309 | 229 | 70.90 | 381 | 832 | 743 | 341 |
| Cash & bank | 37.09 | 4.96 | 8.86 | 39.34 | 33.94 | 5.36 | 27.85 |
| Net working capital | 3,199 | 3,299 | 2,821 | 2,840 | 3,633 | 3,406 | 2,863 |
| Cash flow | |||||||
| Cash from operations | 118 | 98.94 | 458 | 560 | 50.93 | (301) | 106 |
| Cash from investing | (354) | (210) | (67.68) | (20.05) | (24.85) | (49.04) | (51.28) |
| Cash from financing | 238 | 107 | (130) | (331) | (9.95) | (176) | 2.93 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 820 | 1,794 | 1,083 | 839 | 634 | 1,653 | 876 | 860 |
| Revenue growth (YoY) | +29.3% | +8.6% | +23.7% | -2.4% | -0.0% | - | - | - |
| Other income | 1.57 | 9.97 | 3.86 | 7.04 | 8.57 | 3.83 | 4.51 | 14.86 |
| EBITDA | 1.98 | 272 | 3.58 | 73.18 | (49.28) | 422 | 60.36 | 72.95 |
| EBITDA margin | +0.2% | +15.1% | +0.3% | +8.7% | -7.8% | +25.6% | +6.9% | +8.5% |
| Depreciation | 23.39 | 22.47 | 21.24 | 20.01 | 19.76 | 18.59 | 18.59 | 17.31 |
| Interest | 13.87 | 14.07 | 11.61 | 9.91 | 9.81 | 12.93 | 16.70 | 15.76 |
| Profit before tax | (33.71) | 245 | (25.41) | 50.30 | (70.28) | 395 | 29.58 | 54.74 |
| Tax | (6.70) | 65.13 | (3.03) | 2.27 | (6.17) | 107 | 5.17 | 3.71 |
| Net profit | (27.01) | 180 | (22.38) | 48.03 | (64.11) | 288 | 24.41 | 51.03 |
| EPS (₹) | (3.24) | 21.59 | (5.56) | 11.53 | (15.40) | 69.05 | 5.86 | 12.25 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,351 | 4,022 | 4,054 | 3,899 | 4,337 | 3,597 | 3,029 |
| Revenue growth | +8.2% | -0.8% | +4.0% | -10.1% | +20.6% | +18.8% | - |
| EBITDA | 307 | 515 | 454 | 376 | 339 | 191 | 87.32 |
| EBITDA margin | +7.1% | +12.8% | +11.2% | +9.6% | +7.8% | +5.3% | +2.9% |
| Profit before tax | 199 | 405 | 383 | 279 | 206 | 92.81 | 24.07 |
| Net profit | 145 | 291 | 283 | 151 | 134 | 74.65 | 68.16 |
| Net profit margin | +3.3% | +7.2% | +7.0% | +3.9% | +3.1% | +2.1% | +2.3% |
| EPS (₹) | 17.66 | 70.43 | 67.75 | 38.01 | 32.22 | 17.91 | 16.37 |
| Balance sheet | |||||||
| Total assets | 4,414 | 4,192 | 3,595 | 3,569 | 4,455 | 4,299 | 3,775 |
| Net worth | 2,909 | 2,854 | 2,643 | 2,395 | 2,307 | 2,224 | 2,257 |
| Total debt | 309 | 229 | 70.88 | 381 | 832 | 752 | 339 |
| Cash & bank | 8.02 | 4.95 | 8.66 | 39.16 | 28.38 | 5.26 | 27.85 |
| Net working capital | 3,170 | 3,314 | 2,835 | 2,852 | 3,645 | 3,418 | 2,868 |
| Cash flow | |||||||
| Cash from operations | 126 | 89.41 | 457 | 565 | 49.22 | 1,769 | 104 |
| Cash from investing | (362) | (200) | (66.97) | (41.87) | (28.61) | (2,122) | (49.84) |
| Cash from financing | 238 | 107 | (130) | (309) | (9.95) | (176) | 3.14 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 820 | 1,794 | 1,083 | 839 | 634 | 1,653 | 876 | 860 |
| Revenue growth (YoY) | +29.3% | +8.6% | +23.7% | -2.4% | -0.0% | - | - | - |
| Other income | 1.14 | 9.53 | 3.51 | 7.05 | 7.47 | 4.14 | 4.81 | 15.15 |
| Total expenses | 817 | 1,522 | 1,080 | 766 | 682 | 1,230 | 815 | 787 |
| EBITDA | 2.13 | 272 | 3.59 | 72.92 | (48.01) | 423 | 60.41 | 73.02 |
| EBITDA margin | +0.3% | +15.1% | +0.3% | +8.7% | -7.6% | +25.6% | +6.9% | +8.5% |
| Depreciation | 23.36 | 22.45 | 21.22 | 19.99 | 19.73 | 18.57 | 18.57 | 17.29 |
| Interest | 13.87 | 14.07 | 11.61 | 9.91 | 9.81 | 12.93 | 16.70 | 15.76 |
| Profit before tax | (33.96) | 245 | (25.73) | 50.07 | (70.08) | 395 | 29.95 | 55.12 |
| Tax | (6.70) | 65.50 | (3.03) | (4.73) | (6.17) | 107 | 5.18 | 3.71 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 820 | 1,794 | 1,083 | 839 | 634 | 1,653 | 876 | 860 |
| Revenue growth (YoY) | +29.3% | +8.6% | +23.7% | -2.4% | -0.0% | - | - | - |
| Other income | 1.57 | 9.97 | 3.86 | 7.04 | 8.57 | 3.83 | 4.51 | 14.86 |
| EBITDA | 1.98 | 272 | 3.58 | 73.18 | (49.28) | 422 | 60.36 | 72.95 |
| EBITDA margin | +0.2% | +15.1% | +0.3% | +8.7% | -7.8% | +25.6% | +6.9% | +8.5% |
| Depreciation | 23.39 | 22.47 | 21.24 | 20.01 | 19.76 | 18.59 | 18.59 | 17.31 |
| Interest | 13.87 | 14.07 | 11.61 | 9.91 | 9.81 | 12.93 | 16.70 | 15.76 |
| Profit before tax | (33.71) | 245 | (25.41) | 50.30 | (70.28) | 395 | 29.58 | 54.74 |
| Tax | (6.70) | 65.13 | (3.03) | 2.27 | (6.17) | 107 | 5.17 | 3.71 |
| Net profit | (27.01) | 180 | (22.38) | 48.03 | (64.11) | 288 | 24.41 | 51.03 |
| EPS (₹) | (3.24) | 21.59 | (5.56) | 11.53 | (15.40) | 69.05 | 5.86 | 12.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,351 | 4,022 | 4,054 | 3,899 | 4,337 | 3,557 | 3,025 |
| Revenue growth | +8.2% | -0.8% | +4.0% | -10.1% | +22.0% | +17.6% | - |
| Other income | 29.44 | 23.73 | 42.24 | 23.59 | 5.70 | 60.16 | 48.56 |
| Total expenses | 4,052 | 3,517 | 3,609 | 3,532 | 4,012 | 3,419 | 2,942 |
| Employee cost | 835 | 826 | 822 | 840 | 861 | 852 | 848 |
| EBITDA | 299 | 506 | 445 | 367 | 325 | 138 | 83.92 |
| EBITDA margin | +6.9% | +12.6% | +11.0% | +9.4% | +7.5% | +3.9% | +2.8% |
| Depreciation | 83.48 | 71.34 | 63.83 | 64.08 | 66.45 | 71.38 | 72.38 |
| Interest | 45.42 | 54.31 | 41.62 | 49.25 | 64.76 | 39.40 | 40.74 |
| Profit before tax | 200 | 404 | 382 | 278 | 200 | 87.11 | 19.36 |
| Tax | 58.20 | 111 | 99.85 | 120 | 71.15 | 18.41 | (44.32) |
| Net profit | 139 | 289 | 281 | 150 | 128 | 68.76 | 63.61 |
| Net profit margin | +3.2% | +7.2% | +6.9% | +3.9% | +3.0% | +1.9% | +2.1% |
| EPS (₹) | 16.95 | 70.04 | 67.46 | 37.80 | 30.83 | 16.49 | 15.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.77 | 41.77 | 41.77 | 41.77 | 41.77 | 41.77 | 41.77 |
| Reserves & surplus | 2,892 | 2,846 | 2,626 | 2,380 | 2,315 | 2,173 | 2,211 |
| Shareholders' funds (net worth) | 2,934 | 2,887 | 2,668 | 2,421 | 2,357 | 2,214 | 2,253 |
| Minority interest | (0.70) | (0.49) | (0.44) | (0.40) | (0.37) | (0.17) | 0.04 |
| Secured loans | 292 | 218 | 60.56 | 371 | 643 | 742 | 338 |
| Unsecured loans | 16.84 | 10.17 | 10.34 | 10.64 | 189 | 1.49 | 2.99 |
| Total debt | 309 | 229 | 70.90 | 381 | 832 | 743 | 341 |
| Total liabilities | 4,439 | 4,225 | 3,620 | 3,595 | 4,505 | 4,288 | 3,773 |
| Assets | |||||||
| Gross block | 1,368 | 1,192 | 1,078 | 994 | 1,058 | 983 | 934 |
| Net block | 684 | 580 | 528 | 505 | 621 | 601 | 621 |
| Capital work in progress | 298 | 107 | 36.71 | 22.71 | 13.81 | 13.94 | 15.42 |
| Investments | 7.61 | 5.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 2,463 | 2,551 | 2,402 | 2,159 | 2,177 | 2,084 | 2,102 |
| Sundry debtors | 2,274 | 1,696 | 1,439 | 1,237 | 1,861 | 1,885 | 1,508 |
| Cash & bank balances | 37.09 | 4.96 | 8.86 | 39.34 | 33.94 | 5.36 | 27.85 |
| Loans & advances | 1,121 | 866 | 943 | 917 | 869 | 987 | 617 |
| Total current assets | 5,895 | 5,118 | 4,793 | 4,351 | 4,941 | 4,962 | 4,254 |
| Total current liabilities | 2,696 | 1,819 | 1,971 | 1,512 | 1,308 | 1,555 | 1,391 |
| Net working capital | 3,199 | 3,299 | 2,821 | 2,840 | 3,633 | 3,406 | 2,863 |
| Total assets | 4,439 | 4,225 | 3,620 | 3,595 | 4,505 | 4,288 | 3,773 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.38 | 8.02 | (313) | (521) | (537) | (10.26) | (67.74) |
| Net cash from operating activities | 118 | 98.94 | 458 | 560 | 50.93 | (301) | 106 |
| Net cash from investing activities | (354) | (210) | (67.68) | (20.05) | (24.85) | (49.04) | (51.28) |
| Net cash from financing activities | 238 | 107 | (130) | (331) | (9.95) | (176) | 2.93 |
| Net change in cash | 2.40 | (3.65) | 260 | 208 | 16.13 | (526) | 57.49 |
| Closing cash | 37.09 | 4.96 | 8.86 | 39.34 | 33.94 | 5.36 | 27.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.2% | -0.8% | +4.0% | -10.1% | +22.0% | +17.6% | - |
| EBITDA growth | -40.9% | +13.7% | +21.1% | +13.0% | +136.2% | +64.1% | - |
| PBT growth | -50.6% | +5.8% | +37.4% | +39.0% | +129.3% | +350.0% | -85.2% |
| Net income growth | -51.9% | +2.8% | +87.0% | +17.1% | +86.9% | +8.1% | - |
| Revenue CAGR (3Y) | +3.7% | -2.5% | +4.5% | +8.8% | +7.7% | +3.2% | +6.7% |
| EBITDA CAGR (3Y) | -6.6% | +15.9% | +47.8% | +63.6% | +11.0% | -18.3% | -18.2% |
| Profitability & leverage | |||||||
| Net income margin | +3.3% | +7.3% | +7.0% | +4.1% | +3.0% | +1.9% | +2.1% |
| Return on capital employed | +5.7% | +11.7% | +11.7% | +8.1% | +6.0% | +3.1% | +1.8% |
| Return on net worth | +4.9% | +10.5% | +11.1% | +6.6% | +5.6% | +3.1% | +2.9% |
| Debt / equity | 0.09 | 0.05 | 0.09 | 0.25 | 0.35 | 0.24 | 0.17 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.07 | 0.11 |
| Interest cover | 21.07 | 12.50 | 10.92 | 16.23 | 25.02 | 59.38 | 353.03 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.40 | 3.54 | 3.91 | 3.80 | 4.25 | 3.71 | 3.35 |
| Inventory turnover | 1.74 | 1.62 | 1.78 | 1.80 | 2.04 | 1.70 | 1.56 |
| Debtors turnover | 2.19 | 2.57 | 3.03 | 2.52 | 2.32 | 2.10 | 1.94 |
| EPS (₹) | 16.95 | 70.04 | 67.46 | 37.80 | 30.83 | 16.49 | 15.28 |
| Dividend per share (₹) | 17.08 | 20.00 | 20.50 | 10.00 | 10.00 | 6.00 | 6.00 |
| Book value per share (₹) | 351.17 | 691.22 | 638.70 | 579.69 | 564.18 | 530.12 | 539.30 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 820 | 1,794 | 1,083 | 839 | 634 | 1,653 | 876 | 860 |
| Revenue growth (YoY) | +29.3% | +8.6% | +23.7% | -2.4% | -0.0% | - | - | - |
| Other income | 1.14 | 9.53 | 3.51 | 7.05 | 7.47 | 4.14 | 4.81 | 15.15 |
| Total expenses | 817 | 1,522 | 1,080 | 766 | 682 | 1,230 | 815 | 787 |
| EBITDA | 2.13 | 272 | 3.59 | 72.92 | (48.01) | 423 | 60.41 | 73.02 |
| EBITDA margin | +0.3% | +15.1% | +0.3% | +8.7% | -7.6% | +25.6% | +6.9% | +8.5% |
| Depreciation | 23.36 | 22.45 | 21.22 | 19.99 | 19.73 | 18.57 | 18.57 | 17.29 |
| Interest | 13.87 | 14.07 | 11.61 | 9.91 | 9.81 | 12.93 | 16.70 | 15.76 |
| Profit before tax | (33.96) | 245 | (25.73) | 50.07 | (70.08) | 395 | 29.95 | 55.12 |
| Tax | (6.70) | 65.50 | (3.03) | (4.73) | (6.17) | 107 | 5.18 | 3.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,351 | 4,022 | 4,054 | 3,899 | 4,337 | 3,597 | 3,029 |
| Revenue growth | +8.2% | -0.8% | +4.0% | -10.1% | +20.6% | +18.8% | - |
| Other income | 27.55 | 24.91 | 43.17 | 23.78 | 6.74 | 19.97 | 48.55 |
| Total expenses | 4,044 | 3,508 | 3,600 | 3,523 | 3,999 | 3,406 | 2,942 |
| Employee cost | 835 | 826 | 822 | 840 | 858 | 849 | 844 |
| EBITDA | 307 | 515 | 454 | 376 | 339 | 191 | 87.32 |
| EBITDA margin | +7.1% | +12.8% | +11.2% | +9.6% | +7.8% | +5.3% | +2.9% |
| Depreciation | 83.39 | 71.25 | 63.74 | 63.99 | 66.07 | 70.68 | 71.30 |
| Interest | 51.89 | 62.90 | 50.47 | 56.90 | 73.54 | 47.72 | 40.50 |
| Profit before tax | 199 | 405 | 383 | 279 | 206 | 92.81 | 24.07 |
| Tax | 51.57 | 111 | 99.85 | 120 | 71.15 | 18.01 | (44.32) |
| Net profit | 145 | 291 | 283 | 151 | 134 | 74.65 | 68.16 |
| Net profit margin | +3.3% | +7.2% | +7.0% | +3.9% | +3.1% | +2.1% | +2.3% |
| EPS (₹) | 17.66 | 70.43 | 67.75 | 38.01 | 32.22 | 17.91 | 16.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.77 | 41.77 | 41.77 | 41.77 | 41.77 | 41.77 | 41.77 |
| Reserves & surplus | 2,867 | 2,812 | 2,601 | 2,353 | 2,265 | 2,183 | 2,215 |
| Shareholders' funds (net worth) | 2,909 | 2,854 | 2,643 | 2,395 | 2,307 | 2,224 | 2,257 |
| Secured loans | 292 | 218 | 60.56 | 371 | 643 | 743 | 336 |
| Unsecured loans | 16.81 | 10.14 | 10.32 | 10.62 | 189 | 8.36 | 2.99 |
| Total debt | 309 | 229 | 70.88 | 381 | 832 | 752 | 339 |
| Total liabilities | 4,414 | 4,192 | 3,595 | 3,569 | 4,455 | 4,299 | 3,775 |
| Assets | |||||||
| Gross block | 1,363 | 1,186 | 1,073 | 989 | 988 | 969 | 920 |
| Net block | 680 | 576 | 524 | 501 | 551 | 591 | 611 |
| Capital work in progress | 298 | 107 | 36.71 | 22.71 | 13.81 | 13.83 | 15.28 |
| Investments | 10.19 | 8.39 | 2.58 | 2.58 | 2.59 | 2.58 | 2.58 |
| Inventories | 2,463 | 2,551 | 2,402 | 2,159 | 2,177 | 2,080 | 2,097 |
| Sundry debtors | 2,274 | 1,696 | 1,439 | 1,237 | 1,861 | 1,885 | 1,508 |
| Cash & bank balances | 8.02 | 4.95 | 8.66 | 39.16 | 28.38 | 5.26 | 27.85 |
| Loans & advances | 1,121 | 881 | 956 | 929 | 886 | 998 | 619 |
| Total current assets | 5,866 | 5,133 | 4,806 | 4,364 | 4,952 | 4,968 | 4,251 |
| Total current liabilities | 2,696 | 1,819 | 1,971 | 1,512 | 1,307 | 1,550 | 1,383 |
| Net working capital | 3,170 | 3,314 | 2,835 | 2,852 | 3,645 | 3,418 | 2,868 |
| Total assets | 4,414 | 4,192 | 3,595 | 3,569 | 4,455 | 4,299 | 3,775 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.37 | 8.00 | (313) | (527) | (537) | (8.86) | (66.08) |
| Net cash from operating activities | 126 | 89.41 | 457 | 565 | 49.22 | 1,769 | 104 |
| Net cash from investing activities | (362) | (200) | (66.97) | (41.87) | (28.61) | (2,122) | (49.84) |
| Net cash from financing activities | 238 | 107 | (130) | (309) | (9.95) | (176) | 3.14 |
| Net change in cash | 2.33 | (3.63) | 260 | 214 | 10.66 | (529) | 57.74 |
| Closing cash | 8.02 | 4.95 | 8.66 | 39.16 | 28.38 | 5.26 | 27.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.2% | -0.8% | +4.0% | -10.1% | +20.6% | +18.8% | - |
| EBITDA growth | -40.4% | +13.4% | +20.8% | +11.0% | +77.1% | +119.0% | - |
| PBT growth | -50.9% | +5.9% | +37.4% | +35.4% | +121.7% | +285.6% | -81.6% |
| Net income growth | -50.1% | +2.9% | +86.7% | +12.7% | +79.8% | +9.5% | - |
| Revenue CAGR (3Y) | +3.7% | -2.5% | +4.1% | +8.8% | +7.6% | +3.5% | +6.6% |
| EBITDA CAGR (3Y) | -6.5% | +15.0% | +33.4% | +62.7% | +12.7% | -8.7% | -16.9% |
| Profitability & leverage | |||||||
| Net income margin | +3.4% | +7.3% | +7.0% | +4.1% | +3.1% | +2.1% | +2.3% |
| Return on capital employed | +5.8% | +12.0% | +12.1% | +8.4% | +6.4% | +3.5% | +1.9% |
| Return on net worth | +5.1% | +10.7% | +11.2% | +6.8% | +5.9% | +3.3% | +3.1% |
| Debt / equity | 0.09 | 0.05 | 0.09 | 0.26 | 0.35 | 0.24 | 0.17 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.07 | 0.11 |
| Interest cover | 23.23 | 14.19 | 12.94 | 18.25 | 26.98 | 39.58 | 252.81 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.41 | 3.56 | 3.93 | 3.95 | 4.43 | 3.81 | 3.41 |
| Inventory turnover | 1.74 | 1.62 | 1.78 | 1.80 | 2.04 | 1.72 | 1.56 |
| Debtors turnover | 2.19 | 2.57 | 3.03 | 2.52 | 2.32 | 2.12 | 1.94 |
| EPS (₹) | 17.66 | 70.43 | 67.75 | 38.01 | 32.22 | 17.91 | 16.37 |
| Dividend per share (₹) | 17.08 | 20.00 | 20.50 | 10.00 | 10.00 | 6.00 | 6.00 |
| Book value per share (₹) | 348.16 | 683.22 | 632.68 | 573.38 | 552.23 | 532.52 | 540.35 |
To see the full year-wise statements and ratios of Beml Limited, buy the company report.
Board of directors of Beml Limited
Beml has 8 current directors and 78 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantanu Roy Also directs: Beml Land Assets Limited | Managing Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Sachin Vinayakrao Dighde | Whole-Time Director | 18 Sep 2025 | 1 Years 1 Months | Current |
| Rajeev Kumar Gupta | Whole-Time Director | 11 Oct 2024 | 2 Years 0 Months | Current |
| Debi Prasad Satpathy | Whole-Time Director | 24 Jun 2024 | 2 Years 3 Months | Current |
| Kamalon Karunakaran Nambiar Also directs: Payaswini Farmer Producer Company Limited | Director | 18 Aug 2026 | 0 Years 2 Months | Current |
| Shankar Lal Agrawal | Director | 18 Aug 2026 | 0 Years 2 Months | Current |
Auditor
Beml Limited is audited by G Natesan & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G Natesan & Co | FY 2024 | 002424S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 54.00%, foreign institutional investors hold 5.50%, domestic institutional investors hold 19.40% and retail and other public shareholders hold 21.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.00% | 54.00% | 54.00% | 54.00% |
| Public | 46.00% | 46.00% | 46.00% | 46.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 1992 | 80036388 | State Bank of India | ₹4,500 Cr | Open | |
| 22 Mar 2013 | 10435928 | Sbicap Trustee Company Limited | ₹200 Cr | Satisfied | |
| 05 Jan 2012 | 10335769 | Standard Chartered Bank | ₹98.4 Cr | Satisfied | |
| 29 Sep 2009 | 10183332 | State Bank of Travancore | ₹100 Cr | Satisfied |
To see the full charge records of Beml Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Beml Limited has 73 deals on record (69 market trades, 3 secondary share transfers); the latest was in June 2025.
Deals on record (5 of 73)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Market trade | ₹111.16 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| May 2025 | Market trade | ₹559.18 Cr | Buyer: NK Securities Research Private Limited , Hrti Private Limited , Musigma Securities Seller: NK Securities Research Private Limited , Hrti Private Limited , Musigma Securities |
| Mar 2025 | Market trade | ₹74.3 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2024 | Market trade | ₹732.89 Cr | Buyer: NK Securities Research Private Limited , Graviton Research Capital LLP , Hrti Private Limited Seller: NK Securities Research Private Limited , Graviton Research Capital LLP , Hrti Private Limited |
| Jun 2024 | Market trade | ₹232.75 Cr | Buyer: Graviton Research Capital LLP , Hrti Private Limited Seller: Graviton Research Capital LLP , Hrti Private Limited |
To see the full deal history of Beml Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Beml Limited has 1,010 court cases on record: 411 filed by Beml, 601 filed against it. 92 cases are pending and 918 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 478 | 259 | 59 |
| District courts | 473 | 316 | 30 |
| Supreme Court | 53 | 23 | 3 |
| NCLT | 6 | 3 | 0 |
Cases on record (5 of 1,010)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Surat Goods Transport Pvt Ltd. | Pending |
| High Court, TELANGANA | Writ petition | Filed against the company by M/S. Volta Impex Pvt Ltd. | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Hubli Electricity Supply Company Limited (Hescom) and 5 others | Pending |
| High Court of Karnataka | Appeal | Filed by the company against Bharat Gold Mines Limited | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by Semac Consultants Pvt Ltd | Pending |
To see the full case history of Beml Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Beml Limited was last rated by Care on 25 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Mar 2022 |
To see the full credit ratings and regulatory alerts of Beml Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Beml Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Beml has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Beml Midwest Limited | U13204AP2007PLC053653 | |
| Mamc Industries Limited | U29253WB2010GOI152567 | |
| Vignyan Industries Limited | U51101KA1963PLC001510 |
To see the full group structure of Beml Limited, buy the company report.
Employees & EPFO
Beml Limited has a workforce of 4,159 employees on its EPFO records as of Jan 16, 2025, across 1 active EPFO establishment.
GST
Beml has 42 GST registrations: 36 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACB8433D1ZU | Karnataka | Active | 01 Jul 2017 |
| 29AAACB8433D1D3 | Karnataka | Active | 03 Oct 2018 |
| 29AAACB8433D3ZS | Karnataka | Active | 01 Nov 2024 |
| 07AAACB8433D2ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Beml Limited, buy the company report.
Recent activity
Beml Limited has 156 board changes on record since 2001: 84 appointments and 72 cessations. The latest: Promila Kundara was appointed as Director on 21 Aug 2026.
157 earlier events are in the company report.
News
Frequently asked questions
Beml is an active public limited union government company based in Bangalore, Karnataka, India. The company works in defence vehicles and armored transport, within the aerospace, maritime and defense industry. It was incorporated on 11 May 1964 (62+ years old) and is registered under CIN L35202KA1964GOI001530. Listed on BSE: 500048 and NSE: BEML.
Beml reported revenue of ₹4,350.53 Cr for FY 2025-26 (up 8.2% YoY) based on consolidated financials.
Beml has 8 current directors:
- Shantanu Roy - Managing Director
- Sachin Vinayakrao Dighde - Whole-Time Director
- Rajeev Kumar Gupta - Whole-Time Director
- Debi Prasad Satpathy - Whole-Time Director
- Kamalon Karunakaran Nambiar - Director
- Shankar Lal Agrawal - Director
- Promila Kundara - Director
- Dinesh Mahur - Nominee Director
The latest financial statements of Beml on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Beml is 29AAACB8433D1ZU, registered in Karnataka. The company has 42 GST registrations in all, of which 36 are active and 6 are cancelled or inactive. Other active GSTINs include 29AAACB8433D1D3 (Karnataka), 29AAACB8433D3ZS (Karnataka), 07AAACB8433D2ZZ (Delhi).
The CIN (Corporate Identification Number) of Beml is L35202KA1964GOI001530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Beml is a listed company as per MCA records. Its shares are listed on both BSE (code: 500048) and NSE (symbol: BEML).
Beml has 1,010 court cases on record: 411 filed by the company and 601 filed against it. 92 are pending. Most are in the high courts.
Beml was incorporated on 11 May 1964, making it 62+ years old. It is registered with the Registrar of Companies, Bangalore.
Beml has 73 deals on record (69 market trades, 3 secondary share transfers); the latest was in June 2025.