Did BEML Secure a Rs 293 Crore Defence Order for High Mobility Vehicles?
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Synopsis
BEML Ltd. has made headlines by securing a substantial defence contract worth Rs 293.82 crore. This order for high mobility vehicles signals a robust performance and expansion for the state-owned enterprise, showcasing its growing role in India's defence sector.
Key Takeaways
- BEML has secured an order worth Rs 293.82 crore for high mobility vehicles.
- The company recently received another order for bulldozers valued at Rs 185.65 crore.
- BEML's board approved a 1:2 stock split.
- The company reported a net profit increase of 12% for Q4 FY25.
- Strong revenue growth reflects a robust performance across all verticals.
New Delhi, July 23 (NationPress) The government-owned Bharat Earth Movers (BEML) Ltd. revealed on Wednesday that it has successfully secured an order valued at approximately Rs 293.82 crore from the Ministry of Defence for the provision of high mobility vehicles (HMV) 6x6.
"We are pleased to announce that BEML Limited has acquired an order from the Ministry of Defence for the supply of HMV 6X6 with a contract value of around Rs 293.82 crores," stated the Bengaluru-based public sector unit in a filing with the stock exchange.
This new order follows closely on the heels of the company's recent win for an order for the supply of bulldozers, which was valued at approximately Rs 185.65 crore, also from the Ministry of Defence.
Additionally, BEML declared on Monday that its board has sanctioned a stock split in the ratio of 1:2. This action implies that each share held by eligible shareholders will be divided into two, while the overall value of their holdings remains unchanged.
In an exchange filing, BEML indicated that its board of directors has approved splitting one existing equity share of the company with a face value of Rs 10 into two equity shares with a face value of Rs 5 each.
The record date for determining the eligibility of shareholders who will receive the payment is yet to be disclosed. This marks the first stock split executed by the public sector firm.
BEML reported a net profit of Rs 287.5 crore for the quarter ending March 31, 2025, reflecting a 12 percent increase from Rs 257 crore in the same period the previous year. Revenue climbed by 9.1 percent year-on-year to Rs 1,652.5 crore, compared to Rs 1,514 crore in Q4 FY24, bolstered by strong performance across all verticals.
The company's EBITDA reached Rs 422.6 crore, increasing by 13.9 percent from Rs 371 crore a year prior, while operating margins improved to 25.57 percent from 24.5 percent in the corresponding quarter of the previous fiscal year. This healthy margin expansion demonstrates enhanced cost control measures.
Point of View
BEML's recent contract with the Ministry of Defence illustrates a growing reliance on domestic manufacturing in India's defence sector. This trend aligns with the government's focus on self-reliance and could pave the way for further opportunities for public sector units.
NationPress
23/07/2025
Frequently Asked Questions
What is the value of the order BEML received?
BEML has secured an order worth approximately Rs 293.82 crore from the Ministry of Defence.
What type of vehicles is BEML supplying?
BEML is supplying high mobility vehicles (HMV) 6x6.
What was the recent previous order BEML secured?
The recent previous order was for the supply of bulldozers, valued at around Rs 185.65 crore.
What is the significance of the stock split approved by BEML?
The stock split in the ratio of 1:2 allows shareholders to hold two shares for each existing share, which may enhance liquidity without affecting overall value.
What were BEML's financial results for Q4 FY25?
BEML reported a net profit of Rs 287.5 crore, a 12% increase from the previous year, with significant revenue growth supported by strong performance across its sectors.
