| Revenue growth | Revenue hit all-time high, driven by strong Q4 execution surge. |
|---|---|
| Margins | Structurally expanding towards 16% EBITDA despite current one-time contraction. |
| Order book | Record order book of ₹15,900cr; targeting ₹25,000cr by year-end. |
| Demand visibility | Strong visibility in Rail, Metro, and indigenous Defense procurement cycles. |
| Management confidence | Balanced; acknowledged margin headwinds while remaining bullish on order pipeline. |
Growth
Revenue hit an all-time high, but EBITDA margins contracted significantly to 6.3% due to one-off adjustments.
Outlook
Targeting ₹24,000-25,000cr order book by year-end with ₹5,500cr executable pipeline for FY27.
Risks
Skewed Q4 execution reliance, working capital pressure, and commodity inflation lack full pass-through protection in older contracts.
Last quarter's promises, checked
Delivered
- Order book >₹16,000cr → delivered ₹16,300cr (= BEAT)
- Revenue growth 20% guidance → delivered 24% YoY (= BEAT)
- Reduction in employee count → delivered 4,798 to 4,622 (= BEAT)
Partly delivered
- Inventory reduction target 20% → delivered 'gone down' without specific % (= PARTIAL)
- Bhopal plant timeline 18-24 months → civil works 50% on boundary wall (= PARTIAL)
Missed
- Maintain profitability → delivered dip in PBT/PAT/EBITDA (= MISS)
Earnings Call filed with BSE, NSE: BEML. Summary written with AI assistance from the document.
BEML Ltd: key numbers
- Share price
- ₹2,036.50
- Market cap
- ₹16,962 Cr
- Revenue (annual)
- ₹4,351 Cr
- Net profit (annual)
- ₹141.4 Cr
- P/E (TTM)
- 95.0×Sector 33.6×
- Promoter holding
- 54.03%+0.00% QoQ
- FII holding
- 5.48%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from BEML Ltd
All →BEML Other Announcement
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BEML Earnings Call Transcript: Key Takeaways
BEML reported its best first quarter in a decade with 29% revenue growth, driven by a massive 178% surge in Rail & Metro. Management remains bullish on a ₹40,000 crore bidding pipeline.
- Call
- Guides 29% growth