Agricultural, Commercial & Construction Vehicles
Valuation | |
|---|---|
| Market Cap | 13.47 kCr |
| Price/Earnings (Trailing) | 54.09 |
| Price/Sales (Trailing) | 3.18 |
| EV/EBITDA | 29.79 |
| Price/Free Cashflow | 8.92 K |
| MarketCap/EBT | 38.55 |
| Enterprise Value | 14.1 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -9.9% |
| Price Change 1M | -13% |
| Price Change 6M | -16.2% |
| Price Change 1Y | -1.4% |
| 3Y Cumulative Return | 33.2% |
| 5Y Cumulative Return | 32.5% |
| 7Y Cumulative Return | 25.5% |
| 10Y Cumulative Return | 12.3% |
| Revenue (TTM) |
| 4.23 kCr |
| Rev. Growth (Yr) | 23.5% |
| Earnings (TTM) | 249.09 Cr |
| Earnings Growth (Yr) | -191.7% |
Profitability | |
|---|---|
| Operating Margin | 8% |
| EBT Margin | 8% |
| Return on Equity | 8.9% |
| Return on Assets | 4.2% |
| Free Cashflow Yield | 0.01% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -205.24 Cr |
| Cash Flow from Operations (TTM) | 183.12 Cr |
| Cash Flow from Financing (TTM) | -139.43 Cr |
| Cash & Equivalents | 36.1 Cr |
| Free Cash Flow (TTM) | 2.08 Cr |
| Free Cash Flow/Share (TTM) | 0.5 |
Balance Sheet | |
|---|---|
| Total Assets | 5.94 kCr |
| Total Liabilities | 3.14 kCr |
| Shareholder Equity | 2.8 kCr |
| Current Assets | 4.96 kCr |
| Current Liabilities | 2.01 kCr |
| Net PPE | 562.48 Cr |
| Inventory | 2.47 kCr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.11 |
| Debt/Equity | 0.24 |
| Interest Coverage | 6.9 |
| Interest/Cashflow Ops | 4.32 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 10.6 |
| Dividend Yield | 0.66% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Outperforming stock! In past three years, the stock has provided 33.2% return compared to 13.2% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -13% in last 30 days.
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Outperforming stock! In past three years, the stock has provided 33.2% return compared to 13.2% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -13% in last 30 days.
Investor Care | |
|---|---|
| Dividend Yield | 0.66% |
| Dividend/Share (TTM) | 10.6 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 29.9 |
Financial Health | |
|---|---|
| Current Ratio | 2.47 |
| Debt/Equity | 0.24 |
Technical Indicators | |
|---|---|
| RSI (14d) | 36.06 |
| RSI (5d) | 11.99 |
| RSI (21d) | 34.4 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of BEML's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided an optimistic outlook for BEML Limited over the next three years, projecting a significant focus on the Rail and Metro, and Defense and Aerospace verticals, while anticipating modest growth in the mining sector. The current order book stands at approximately Rs.16,300 crores, with expectations to exceed Rs.20,000 crores by the end of the upcoming fiscal year.
Key points from management about future performance include:
Sector Composition: The order book consists of 65% Rail and Metro, 30% Defense, and 5% mining. The management indicated that Rail and Metro sectors, critical for growth, faced a temporary dip, but are expected to rebound sharply due to recent project milestones, such as the Bangalore Metro's rollout.
Growth Targets: Management is targeting a growth of 20% in FY26, with indications that mining growth may stabilize at 3-5% annually, constrained by shifts in the acquisition model by Coal India.
Defense Sector: The management anticipates an impressive 70-80% growth in defense revenue, building on recent successes and new orders expected for bulk production. The shift from high-mobility vehicle supplier to complete systems provider is expected to drive additional revenue.
Maritime Opportunities: There are plans to enter the maritime crane segment, forecasting potential revenue of around Rs.4,000-Rs.5,000 crores annually through shipbuilding and port cranes, with a long-term strategy to develop this business over the next 4-5 years.
Export Focus: BEML aims to reduce dependency on Coal India and diversify its markets, seeking to enhance exports with an increasing demand in regions such as the Middle East, GCC, Australia, and Africa.
Overall, BEML's focus on strategic partnerships and diversification is expected to position the company for substantial growth moving forward.
Understand BEML ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| HDFC MUTUAL FUND - HDFC DIVIDEND YIELD FUND | 7.12% |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY SMAL | 4.76% |
| INVESCO INDIA FOCUSED FUND | 2.07% |
| ICICI PRUDENTIAL SMALLCAP INDEX FUND | 1.09% |
| FOREIGN BANK | 0% |
Detailed comparison of BEML against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| LT | Larsen & Toubro | 5.6 LCr | 2.83 LCr | -2.40% | +21.30% | 34.42 | 1.98 | - | - |
| BEL | Bharat Electronics | 3.14 LCr | 27.19 kCr |
Comprehensive comparison against sector averages
BEML metrics compared to Agricultural,
| Category | BEML | Agricultural, |
|---|---|---|
| PE | 54.09 | 40.51 |
| PS | 3.18 | 3.78 |
| Growth | 8.3 % | 9.9 % |
BEML is a prominent Construction Vehicles company based in Bengaluru, India. It operates under the stock ticker BEML and has a market capitalization of Rs. 12,942.3 Crores.
The company specializes in providing a wide range of products and services across multiple sectors, including:
BEML's product offerings encompass an extensive array of mining machinery suitable for both opencast and underground operations. This includes:
Beyond mining equipment, BEML manufactures various vehicles and systems for the defense sector such as:
In the rail sector, the company produces:
Additionally, BEML exports its products internationally and is committed to catering to diverse engineering and construction needs.
Incorporated in 1964, BEML was originally known as Bharat Earth Movers Limited. Over the last year, the company has reported a revenue of Rs. 3,907.8 Crores and has experienced impressive revenue growth of 47% over the past three years.
BEML also provides dividends to its investors with a yield of 0.82% per year, offering Rs. 25.5 per share in the last 12 months.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
BEML vs Agricultural, (2021 - 2026)
Question 1: How do we see the next 3 years playing out, especially with the maritime opportunity opening up?
Answer: Our current order book stands at approximately Rs. 16,300 crores, primarily driven by Rail and Metro (65%), Defense (30%), and Mining (5%). Over the next three years, we anticipate Rail and Metro and Defense will drive growth, with Mining expected to remain flat. We project our order book will grow to over Rs. 20,000 crores. In Maritime, we foresee significant potential, targeting around Rs. 4,000 to 5,000 crores annually, focusing initially on shipbuilding and port operation cranes. This venture will require 4-5 years for substantial revenue generation.
Question 2: What will be the growth guidance?
Answer: We are setting growth guidance at 20% for FY26. While a 30% growth may be overly optimistic, we believe 20% is achievable given our expected uptick in performance, particularly in the third and fourth quarters. Mining activity tends to peak late in the year, and we will see continued contributions from both Defense and Rail, especially as we prepare for more deliveries in the final quarter, which will significantly influence our overall results.
Distribution across major stakeholders
Distribution across major institutional holders
| +53.60% |
| 52.65 |
| 11.55 |
| - |
| - |
| HAL | Hindustan Aeronautics | 2.72 LCr | 35.02 kCr | -10.10% | +7.80% | 32.12 | 7.77 | - | - |
| TITAGARH | TITAGARH RAIL SYSTEMS | 10.52 kCr | 3.46 kCr | -8.60% | -13.20% | 53.97 | 3.04 | - | - |
| TEXRAIL | Texmaco Rail & Engineering | 4.76 kCr | 4.88 kCr | -10.50% | -27.00% | 22.55 | 0.98 | - | - |
| -153.9% |
| -25.41 |
| 50 |
| -70.28 |
| 395 |
| 30 |
| 55 |
| Total profit before tax | -153.9% | -25.41 | 50 | -70.28 | 395 | 30 | 55 |
| Current tax | 1997.5% | 8.59 | 0.6 | 7 | 92 | 4.94 | 2.89 |
| Deferred tax | -1983.6% | -11.62 | 1.67 | -13.17 | 15 | 0.23 | 0.82 |
| Total tax | -417.3% | -3.03 | 2.27 | -6.17 | 107 | 5.17 | 3.71 |
| Total profit (loss) for period | -149.7% | -22.38 | 48 | -64.11 | 288 | 24 | 51 |
| Other comp. income net of taxes | 78.1% | -0.78 | -7.12 | 0.77 | 7.98 | -0.62 | -2.9 |
| Total Comprehensive Income | -160.4% | -23.15 | 41 | -63.34 | 296 | 24 | 48 |
| Earnings Per Share, Basic | -177.4% | -2.69 | 5.765 | -7.7 | 34.525 | 2.9305 | 6.13 |
| Earnings Per Share, Diluted | -177.4% | -2.69 | 5.765 | -7.7 | 34.525 | 2.9305 | 6.13 |
| Debt equity ratio | 0.1% | 034 | 023 | 019 | 008 | 024 | 0 |
| Debt service coverage ratio | -8.1% | 064 | 0.081 | -0.0415 | 0.3297 | 0.0388 | 0.06 |
| Interest service coverage ratio | -7.7% | -0.0119 | 0.0608 | -0.0617 | 0.3153 | 0.0277 | 0.04 |
| 39.5% |
| 54 |
| 39 |
| 46 |
| 49 |
| 39 |
| 40 |
| Depreciation and Amortization | 11.1% | 71 | 64 | 64 | 66 | 71 | 71 |
| Other expenses | -2.9% | 675 | 695 | 558 | 746 | 527 | 499 |
| Total Expenses | -2% | 3,642 | 3,715 | 3,644 | 4,138 | 3,525 | 3,053 |
| Profit Before exceptional items and Tax | 5.8% | 405 | 383 | 279 | 206 | 93 | 24 |
| Total profit before tax | 5.8% | 405 | 383 | 279 | 206 | 93 | 24 |
| Current tax | -4.8% | 100 | 105 | 70 | 35 | 18 | 0 |
| Deferred tax | 277.4% | 12 | -5.2 | 50 | 36 | 0 | -44.32 |
| Total tax | 11.1% | 111 | 100 | 120 | 71 | 18 | -44.32 |
| Total profit (loss) for period | 3.9% | 294 | 283 | 159 | 135 | 75 | 68 |
| Other comp. income net of taxes | -75.3% | 2.31 | 6.31 | -19.14 | -26.49 | -75.59 | -43.58 |
| Total Comprehensive Income | 2.4% | 296 | 289 | 140 | 108 | -0.79 | 25 |
| Earnings Per Share, Basic | 4.1% | 35.32 | 33.9805 | 19.064 | 16.16 | 8.98 | 8.21 |
| Earnings Per Share, Diluted | 4.1% | 35.32 | 33.9805 | 19.064 | 16.16 | 8.98 | 8.21 |
| Debt equity ratio | 0.1% | 008 | 002 | 015 | 036 | 0 | - |
| Debt service coverage ratio | -3% | 0.0978 | 0.1244 | 0.0841 | 0.0651 | 0 | - |
| Interest service coverage ratio | -2.6% | 0.0846 | 0.1081 | 0.0702 | 0.0517 | 0 | - |
| 60.4% |
| 171 |
| 107 |
| 45 |
| 37 |
| 27 |
| 8.86 |
| Investment property | - | 0 | 0 | 0 | 0 | 0 | 2.58 |
| Non-current investments | 0% | 8.39 | 8.39 | 8.19 | 2.58 | 2.58 | 0 |
| Loans, non-current | 1.2% | 0.17 | 0.16 | 0.15 | 0.15 | 0.14 | 0.13 |
| Total non-current financial assets | -1.3% | 9.8 | 9.92 | 9.21 | 3.61 | 3.61 | 1.02 |
| Total non-current assets | 11.3% | 977 | 878 | 788 | 761 | 746 | 717 |
| Total assets | 1.1% | 5,905 | 5,839 | 5,838 | 5,420 | 4,876 | 4,984 |
| Borrowings, non-current | 61.1% | 14 | 9.07 | 0 | 0 | 0 | 9.81 |
| Total non-current financial liabilities | 55.6% | 15 | 10 | 11 | 11 | 11 | 11 |
| Provisions, non-current | 7.1% | 288 | 269 | 269 | 237 | 251 | 246 |
| Total non-current liabilities | 0.9% | 1,128 | 1,118 | 1,073 | 891 | 815 | 802 |
| Borrowings, current | 197.3% | 652 | 220 | 638 | 61 | 380 | 372 |
| Total current financial liabilities | 33.8% | 1,409 | 1,053 | 1,602 | 841 | 976 | 1,065 |
| Provisions, current | -14.7% | 221 | 259 | 234 | 275 | 279 | 285 |
| Current tax liabilities | -101% | 0 | 98 | 0 | 107 | 8.78 | 65 |
| Total current liabilities | 7.2% | 2,001 | 1,867 | 2,210 | 1,887 | 1,719 | 1,786 |
| Total liabilities | 4.8% | 3,129 | 2,985 | 3,283 | 2,778 | 2,534 | 2,589 |
| Equity share capital | 0% | 42 | 42 | 42 | 42 | 42 | 42 |
| Total equity | -2.7% | 2,776 | 2,854 | 2,555 | 2,643 | 2,342 | 2,395 |
| Total equity and liabilities | 1.1% | 5,905 | 5,839 | 5,838 | 5,420 | 4,876 | 4,984 |
| -62.5% |
| 172 |
| 457 |
| 568 |
| 49 |
| - |
| - |
| Cashflows used in obtaining control of subsidiaries | - | 5.81 | 0 | 0 | 0.01 | - | - |
| Proceeds from sales of PPE | 466.7% | 2.65 | 0.55 | 33 | 14 | - | - |
| Purchase of property, plant and equipment | 87.5% | 181 | 97 | 37 | 38 | - | - |
| Purchase of intangible assets | 251.4% | 12 | 4.13 | 12 | 4.04 | - | - |
| Interest received | -47.7% | 2.36 | 3.6 | 1.26 | 2.09 | - | - |
| Other inflows (outflows) of cash | -103.4% | 0 | 30 | -27.66 | -1.77 | - | - |
| Net Cashflows From Investing Activities | -187.1% | -194.17 | -66.97 | -41.9 | -28.61 | - | - |
| Proceeds from borrowings | - | 0 | 0 | 49 | 179 | - | - |
| Repayments of borrowings | -102.1% | 0 | 49 | 279 | 101 | - | - |
| Dividends paid | 104.9% | 85 | 42 | 32 | 35 | - | - |
| Interest paid | 39.5% | 54 | 39 | 50 | 53 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | 0 | 0.05 | - | - |
| Net Cashflows from Financing Activities | -7.6% | -139.61 | -129.63 | -312.14 | -9.95 | - | - |
| Net change in cash and cash eq. | -162.8% | -161.53 | 260 | 214 | 11 | - | - |