Beml Limited · NSE:BEML
Beml — Analysts / Investors Meet hosted by Elara Capital (December 2025)
25 slides from Beml's conference presentation, Dec 12, 2025
Slide 1: Exchange filing cover letter for investors meet presentation
Ref: CS/SE/713 Date: 12.12.2025 National Stock Exchange of India Ltd. The BSE Limited Listing Compliance Department Listing Compliance Department Exchange Plaza, Bandra - Kurla Complex, P.J. Towers, 26th Floor, Bandra (East), Dalal Street, MUMBAI – 400 051 MUMBAI – 400 001 Symbol: BEML Scrip Code: 5
Slide 2: Investors Meet 12.12.2025 BEML Limited
Investors Meet 12.12.2025 BEML Limited Schedule “A” Company, Under ministry of Defence Mining • Construction • H&P • Rail & Metro • Aerospace • Armored • Engines • HMV • Sustenance MINING • CONSTRUCTION 1 •
Slide 3: Disclaimer
DISCLAIMER Statements in this presentation describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important facto
Slide 4: About BEML Limited: business verticals and contribution
About BEML limited Business verticals & contribution Defence & Aerospace Mining & Construction Rail & Metro Schedule ‘A’ Company Public Sector Undertaking Ministry of Defence, Govt. of India. Established on 11th May, 1964 Equity share Defence & Mining & Rail & Aerospace Construction Metro FY25 – 27%
Slide 5: Share Holding Pattern
SHARE HOLDING PATTERN Category As on 30.11.2025 As on 31.03.2025 Government of India 54.03% 54.03% Mutual Funds 17.05% 17.50% Resident Individuals 18.70% 17.49% Foreign Portfolio - CORP 5.63% 7.27% 46% 54% Body Corporates 1.44% 0.91% Qualified Institutional Buyer 1.00% 1.09% Non-Resident Indians 0.7
Slide 6: Shareholder's Return
Shareholder’s Return ₹ Crs. 17382 Expanded Shareholder returns through increased 13255 dividend derived from stabilized profits and continuous 13410 investments to enhance business competitiveness. 7567 5226 5235 4174 1817 3183 3220 1257 1255 Dividend per Share (% to Face Value) 21.20 (212%) 2021 20
Slide 7: Post Split
Post Split ₹ Crs. 16716 16733 15192 15142 18215 2187 2007 2009 1824 1818 03-NOV 10-NOV 17-NOV 24-NOV 01-DEC Market Price per Share Market Capitalization ➢ BEML completed stock split on November 3, ➢ Total No. of Shares = 8,32,89,000 2025, by splitting One Equity share of Face Face Value = Rs 5/- per
Slide 8: Organization Structure and Business Verticals
Organization Structure Business Verticals Rail & Metro Business Research & Development Commuter Rail Metro Rail Sustenance Rail & Metro Central Research Design & Facility Development STRATEGIC Corporate Technology Futuristic product BUSINESS International Business Planning & Alliance Management Inno
Slide 9: Journey of BEML
Journey of BEML India’s biggest Mining Unmanned Aerial 1500 hp Engine for Earth Moving BMP Transmission Metro Cars equipment Vehicle – Initial Trial Main Battle Tanks HMV 12 X 12 Equipment completed 1964 1967 1986 1987 2000 2003 2014 2019 2021 2022 2023 2024 2025 High Mobility Armoured Recovery Miss
Slide 10: BEML: Pan-India Presence
BEML: Pan-India Presence BHOPAL BILASPUR 6 S E A P O R T O F F I C E L O C AT I O N Central Ware KO L A R G O L D F I E L D S ( K G F ) 148 acres of LEH 4 MA N U F A C T U R I N G C O MP L E X E S land allotted for JAMMU housing Facility Rail Mfg Facility 3 ZONAL OFFI C E S 12 R E GIONAL OFFI C E S
Slide 11: Inhouse Developed Products
INHOUSE DEVELOPED PRODUCTS 1500hp Engine for Medium Bullet Mechanical Mine Field Self Propelled Mine Command Post Battle Tanks Proof vehicle Marking Equipment Burrier Vehicle PMS Bridge Sarvatra Bridge TRAWL for Aircraft Towing Armoured Repair & System System Battle Tanks Tractor Recovery Vehicle 10
Slide 12: Inhouse Developed Products
INHOUSE DEVELOPED PRODUCTS Vande Bharat Electric Multiple Utility Vehicles Metro Cars Sleeper Trains Units C Dump Trucks Motor Graders Rope Shovel Bull Dozers 11
Slide 13: Major Accomplishments
Aerospace Major ACCOMPLISHMENTS Nodal Agency for Ground Integration of Light Alloy Handling & Ground Support Structures – LVM3 Equipment - LCA Mk2 Defence Manufacturing of Akash Integration of Su-30 9400+ BEML High Mobility Vehicles & QRSAM Motor Casing Sub Assemblies Armoured Recovery 352 Vehicles
Slide 14: Major Achievements During H1 FY26
MAJOR ACHIEVEMENTS DURING H1 - FY 26 ➢ Highest ever order book of Rs. 16342 Crore. ➢ India’s first indigenously designed and developed 21 Cum Electric rope shovel handed over to M/s Coal India Limited. ➢ 1st Proto Train of Vande Bharat Sleeper successfully completed trials and 2nd Train set dispatch
Slide 15: Awards
AWARDS ➢ BEML won National Award for Outstanding Export Performance for FY 2021-22 at 54th EEPC Indian National Awards in 2025. ➢ BEML has been honoured with two prestigious awards at ET Leadership Excellence Awards 2025. ❖ The Excellence in Indigenous Engineering Award for our CMD Shri Shantanu Roy
Slide 16: Global Reach
Global Reach BEML 1400+ TO 73 Exported EQUIPMENT COUNTRIES WE ST E R N EASTE R N HEM IS PHERE HEM IS PHERE Europe CIS 37 09 41 03 NorthAmerica SAARC 02 02 213 05 LatinAmerica Asian 71 04 105 12 Africa Middle East 484 27 453 11 # No. of Equipment # No. of Countries Defence products exported to Israel
Slide 17: Key Highlights
Key Highlights PARTICULARS Units 2020-21 2021-22 2022-23 2023-24 2024-25 Sep-25 Revenue from Operations ₹ Crs. 3597 4337 3899 4054 4022 1473 % of Revenue Gross Margin (EBITDA) 5.63 7.40 9.97 11.98 13.20 2.68 from Operation Profit before tax (PBT) ₹ Crs. 93 206 279 383 405 (20) Profit after tax (PAT)
Slide 18: Revenue from Operations – Business Group wise
Revenue from Operations – Business Group wise ₹ Crs. 4337 4500 4054 4022 3899 21% 4% 4000 3597 10% 0.79% 1441 760 (33%) 1059 (19%) 3500 1551 (27%) (38%) 1292 3000 (36%) 1083 914 908 (27%) 2500 (21%) (23%) 763 535 (15%) (19%) 2000 1479 1474 1494 1494 1473 1500 350 253 529 423 601 2179 1982 1932 1771
Slide 19: Revenue from Operations (Q on Q)
Revenue from Operations (Q on Q) ₹ Crs. Particulars FY21 FY22 FY23 FY24 FY25 FY26 Quarter 1 391 467 669 577 634 634 Quarter 2 664 1012 805 917 860 839 Quarter 3 728 1175 1037 1047 876 Quarter 4 1814 1684 1388 1514 1653 Total 3597 4337 3899 4054 4022 1473 60% 50% 50% 41% 39% 37% 40% 36% 30% 27% 27% 2
Slide 20: Value of Production – Business Group wise
Value of Production – Business Group wise ₹ Crs. 4500 3993 4056 3905 3802 4000 3556 12% 5% 7% 4% 798 1246 1440 3500 1165 (20%) (31%) (36%) 1284 (31%) 3000 (36%) 1049 2500 (27%) 994 797 856 454 (25%) (21%) (21%) 2000 (13%) 1637 1558 1548 1452 1429 1500 436 352 284 417 506 2057 1818 1753 489 1840 1760
Slide 21: Profitability
Profitability ₹ Crs. PBT (% Y on Y) PAT (% Y on Y) 500 400 383 405 400 283 294 300 279 37% 6% 78% 4% 300 206 35% 200 200 159 135 18% 93 122% 75 100 100 80% 0 0 FY21 Sep-21 FY22 Sep-22 FY23 Sep-23 FY24 Sep-24 FY25 Sep-25 FY21 Sep-21 FY22 Sep-22 FY23 Sep-23 FY24 Sep-24 FY25 Sep-25 -100 -66 -79 -32 -20
Slide 22: Order Book
ORDER BOOK ₹ Crs. ORDER BOOK - Annual 16000 14610 14000 11363 11872 12000 10000 9192 8570 8000 ORDER BOOK – Half Year 6000 18000 16342 4000 16000 2000 14000 12743 0 12000 11453 10778 FY21 FY22 FY23 FY24 FY25 10000 8804 8000 6000 4000 2000 0 Sep-21 Sep-22 Sep-23 Sep-24 Sep-25 21
Slide 23: Collection & Employee Remuneration
Collection & Employee Remuneration ₹ Crs. Collection - Annual Collection – Half Year 2500 2350 6000 2038 1975 4805 4656 4768 2000 1719 1783 5000 4548 4000 3398 1500 3000 1000 2000 500 1000 0 0 FY21 FY22 FY23 FY24 FY25 Sep-21 Sep-22 Sep-23 Sep-24 Sep-25 Employee Remuneration – Annual/Half-Year (% of
Slide 24: Debtors & Inventory
Debtors & Inventory ₹ Crs. Debtors- Annual (In Days to Revenue) Debtors – Half Year 2000 1885 1861 1453 1452 1439 1500 1696 1439 1187 1116 1500 1200 168 142 1237 135 113 900 1000 99 600 500 300 0 0 FY21 FY22 FY23 FY24 FY25 Sep-21 Sep-22 Sep-23 Sep-24 Sep-25 Inventory – Annual (In Days to VoP) Invent
Slide 25: Bangalore Complex, KGF, Mysuru, Palakkad Locations
Bangalore Complex Earth Moving Division, KGF Truck Division, Mysuru Engine Division, Mysuru Palakkad Complex R&D Centre, KGF 24
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