BEML share price
NSE: BEMLBSE: 500048Agricultural, Commercial & Construction VehiclesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,907.70.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹15,419 Cr444th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 86.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 5.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.92%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- 6.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 8.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.10
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,09,40630.2% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 7 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹820 Crdown 54.32%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹27 CrQuarter to Mar 2026: ₹180 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- −3.3%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2022, the company's revenue for that year, ₹4,337 Cr, differs from its quarters added, ₹4,268 Cr.
| ₹ crore | Sep 2024Filed 11 Nov | Dec 2024Filed 6 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 11 Aug | Sep 2025Filed 5 Nov | Dec 2025Filed 6 Feb | Mar 2026Filed 29 May | Jun 2026Filed 7 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 860 | 876 | 1,653 | 634 | 839 | 1,083 | 1,794 | 820 |
| Net profit | 51 | 24 | 288 | −64 | 48 | −22 | 180 | −27 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 5.9% | 2.8% | 17.4% | −10.1% | 5.7% | −2.1% | 10.0% | −3.3% |
Business segments
In the quarter to Dec 2018 the company reports one business segment, EXMPT, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2022: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 85% of 2,187 trading days over the last 10 years.
At or below today's level on 74% of 1,933 trading days since Nov 2018.
At or below today's level on 83% of 947 trading days over the last 5 years.
At or below today's level on 86% of 2,473 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | With the demerger reinvestedReturn with the demerger reinvested. The yearly price growth with the price before the demerger multiplied by the demerger's price factor (its opening price on the ex-date over the close before it), plus the average dividend yield: the return of a holder who put the value of the shares of the company that was split off back into this share on the ex-date. | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|---|
| 1 year | −13.7% | – | −51.7% | +76.1% | 1.2% |
| 3 years | +30.5% | – | −3.6% | +34.5% | 0.8% |
| 5 years | +17.7% | +23.1% | +15.5% | +1.2% | 0.8% |
Mutual funds holding it
88 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 56 of the 63 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 24
- CutCut. Funds that held fewer shares than at the end of the month before.
- 39
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 21
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 1
| Fund | |||
|---|---|---|---|
 HDFC Defence FundHDFC Mutual Fund | 29,50,617 | 5.11% | ₹587.9 Cr |
| HDFC Balanced Advantage FundHDFC Mutual Fund | 21,43,066 | 0.42% | ₹427.0 Cr |
 Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 19,00,000 | 0.71% | ₹378.6 Cr |
| Kotak-Small Cap FundKotak Mahindra Mutual Fund | 14,59,578 | 1.52% | ₹290.8 Cr |
 Invesco India Focused FundInvesco Mutual Fund | 7,70,280 | 2.46% | ₹153.5 Cr |
 Abakkus Flexi Cap FundAbakkus Mutual Fund | 6,28,700 | 1.60% | ₹125.3 Cr |
| Invesco India Small Cap FundInvesco Mutual Fund | 6,09,984 | 0.75% | ₹121.5 Cr |
| Kotak Large & Mid Cap FundKotak Mahindra Mutual Fund | 6,00,000 | 0.39% | ₹119.5 Cr |
 Motilal Oswal Nifty India Defence Index FundMotilal Oswal Mutual Fund | 5,15,626 | 1.89% | ₹102.7 Cr |
| HDFC Manufacturing fundHDFC Mutual Fund | 4,50,000 | 0.87% | ₹89.7 Cr |
Peers and competitors
Agricultural, Commercial & Construction Vehicles, 16 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to BEML in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Tata MotorsTMCV | 1,45,838 | 34.8 | 11.5 | 16.2 | – | – | 32.9% | 39.0% | 1.01% |
 Ashok LeylandASHOKLEY | 85,142 | 24.5 | 6.0 | 12.6 | +16.5% | +8.3% | 26.3% | 11.9% | 2.41% |
 Escorts KubotaESCORTS | 29,390 | 21.3 | 2.4 | 18.7 | +18.0% | −41.4% | 12.2% | 10.2% | 1.94% |
 Action Construction EquipmentACE | 11,910 | 27.3 | 5.9 | 22.4 | +5.2% | +3.3% | 24.1% | 24.5% | 0.20% |
 SML MahindraSMLMAH | 7,009 | 47.7 | 12.5 | 27.0 | +22.4% | +3.9% | 29.3% | 35.0% | 0.49% |
 Ajax EngineeringAJAXENGG | 6,303 | 27.7 | 4.5 | 23.3 | – | – | 17.9% | 18.2% | 0.00% |
 V.S.T Tillers TractorsVSTTILLERS | 3,372 | 31.0 | 3.1 | 19.7 | +17.0% | −5.0% | 10.4% | 13.2% | 0.64% |
 TILTIL | 1,652 | – | – | – | +21.3% | – | −31.8% | 2.1% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 22 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹12.28 |
| 5 Jun 2026 | Interim | ₹2.30 |
| 13 Feb 2026 | Interim | ₹2.50 |
| 22 Sep 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.20 |
| 15 May 2025 | Interim | ₹15.00 |
| 14 Feb 2025 | Interim | ₹5.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
9 Oct · Business
Sep 2026
BEML share price by year
Each calendar year to 2025.BEML share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,859.90 | −8.6% | 2,394.35 | 1,207.20 |
| 2024 | 2,034.38 | +43.8% | 2,601.15 | 1,367.80 |
| 2023 | 1,414.60 | +92.7% | 1,439.93 | 579.20 |
| 2022Demerger | 734.15 | −10.6% | 950.25 | 573.30 |
| 2021 | 821.55 | +69.6% | 1,022.08 | 450.03 |
| 2020 | 484.48 | −1.5% | 517.23 | 194.85 |
| 2019 | 492.00 | +8.7% | 529.33 | 355.68 |
| 2018 | 452.60 | −44.1% | 799.35 | 264.33 |
| 2017 | 809.13 | +61.7% | 967.05 | 496.78 |
| 2016 | 500.30 | −21.9% | 650.35 | 392.53 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,905.00 | 1,905.30 | 1,806.00 | 1,851.30 | 1,842.56 | 2,09,406 | 30.2% |
| 22 Oct 2026 | 1,866.30 | 1,917.90 | 1,834.20 | 1,907.70 | 1,882.88 | 2,32,761 | 31.7% |
| 21 Oct 2026 | 1,952.10 | 1,964.40 | 1,846.20 | 1,888.30 | 1,885.39 | 2,39,846 | 37.6% |
| 19 Oct 2026 | 1,987.00 | 2,004.90 | 1,930.00 | 1,938.40 | 1,966.56 | 1,76,296 | 26.8% |
| 16 Oct 2026 | 1,940.20 | 1,982.00 | 1,923.90 | 1,968.50 | 1,968.86 | 1,53,847 | 35.8% |
| 15 Oct 2026 | 1,987.90 | 1,988.00 | 1,923.00 | 1,935.20 | 1,949.89 | 1,16,717 | 45.0% |
| 14 Oct 2026 | 1,976.00 | 2,012.00 | 1,960.00 | 1,993.60 | 1,993.07 | 2,46,772 | 39.6% |
| 13 Oct 2026 | 1,950.00 | 1,980.00 | 1,915.10 | 1,977.10 | 1,947.14 | 1,32,991 | 35.4% |
| 12 Oct 2026 | 1,899.00 | 1,960.00 | 1,895.00 | 1,950.50 | 1,939.66 | 1,53,860 | 36.2% |
| 9 Oct 2026 | 1,924.50 | 1,947.00 | 1,875.60 | 1,894.70 | 1,903.22 | 3,34,232 | 43.2% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 3 Nov 2025 | Split | 0.5000 | Each share became 2. |
| 8 Sep 2022 | Demerger | 0.7961 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
About BEML
BEML Limited is a Schedule A public sector company under the Ministry of Defence, Government of India. It makes heavy engineering equipment for three business groups: Defence & Aerospace, Mining & Construction, and Rail & Metro. It was incorporated in 1964. The Government of India holds 54.03% of its shares.
The company is organised into 14 strategic business units, plus two micro units for the aerospace special economic zone and maritime work. Its Earth Movers Division makes bulldozers, hydraulic excavators and wheel loaders, and its Truck Division makes off-highway rear dump trucks and motor graders. The Palakkad complex builds high-mobility trucks for defence use, and the Aerospace Manufacturing Division produces ground handling equipment and weapon loaders. The Engine Division makes diesel engines for the company's products and combat vehicles. In rail, it makes coaches and stainless-steel metro cars supplied to Delhi, Bengaluru, Jaipur, Kolkata and Mumbai.
BEML operates four manufacturing complexes, in Bengaluru, Kolar Gold Fields, Mysuru and Palakkad. It markets and services its products through 3 zonal offices, 12 regional offices and other offices across India. Its International Business Division exports mainly to the Middle East, Africa and Southeast Asia, and the company reports a presence in 73 countries. It had 4,870 employees at March 2026.
In 2022, the Ministry of Corporate Affairs approved a scheme of arrangement under which surplus and non-core assets of BEML were demerged into BEML Land Assets Limited, a wholly owned subsidiary.
- Legal name
- BEML Limited
- NSE symbol
- BEML
- BSE code
- 500048
- ISIN
- INE258A01024
- Industry
- Agricultural, Commercial & Construction Vehicles
- Listed
- Nov 2003
- Face value
- ₹5
- CIN
- L35202KA1964GOI001530
- Corporate identity number, the registrar of companies' code for it