BEML Ltd
BEML Q4 FY25: Order Book ₹1,500 Cr
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
Expecting 20% CAGR growth driven by Mining (20%), Defense (20%), and Rail & Metro (60%) segments. BEML expects a 20% CAGR growth in order book and revenue for FY25 and FY26, driven by Rail & Metro, Defense, and Mining sectors.
From BEML Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Expecting 20% CAGR growth driven by Mining (20%), Defense (20%), and Rail & Metro (60%) segments.
- Order book to double due to tenders being finalized in Rail & Metro, Defense, and Mining.
- Defense turnover to more than double in FY26 with significant growth in defense orders.
- Rail & Metro segment capacity to increase to 700-800 cars annually within 2-3 years, including new facilities in Bhopal and Bangalore.
- Delivery of 20 metro train sets planned for the financial year; MRVC tender (2856 cars worth Rs 30,000 cr) expected next year.
- New orders anticipated for high-speed trains and aluminum trains from FY27.
- Sustenance business growing, with defense sustenance expanding by 50%, contributing positively to margins.
2 more points management made on revenue & sales performance
Profitability & Margins
See what BEML Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Total planned Capex is ₹1800 crores, to be implemented in 5 phases.
- The 1st phase involves around ₹225 crores, aiming to roll out trains within 12-14 months to achieve positive cash flow.
- The 1st phase capacity is about 150 cars; subsequent phases include 450 cars from Bhopal and 300 from Bangalore (total 750 cars).
- For Bhopal plan, the company is seeking partners for debt funding; some PSU banks have shown interest.
- Last year ₹220 crores were spent on Capex; no existing debt planned for current facilities.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what BEML Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book includes around 930 cars on the road.
- Expecting some new orders including LHB coaches, track machines, rail borne maintenance vehicles, and MRVC requirements.
- Chennai Metro: 168 cars; Mumbai Metro Line 9 and 5 also in pipeline; tenders floated for 8 trains out of 96 trains planned.
- MRVC tender for 2,856 cars expected to be floated soon, not factored into current projections.
- RRTS orders are anticipated but specific numbers not yet confirmed.
- Defense order book includes high mobility platforms worth over Rs 1,500 crore to be executed in the current financial year.
- Order book expected to end fiscal year around Rs 22,000–23,000 crore (down from Rs 28,000 crore due to discharged orders).
2 more points management made on order book & pipeline
BEML Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net loss ₹22 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What BEML Ltd's management said in earlier quarters
Frequently Asked Questions
What were BEML Ltd Q4 FY25 results?
Expecting 20% CAGR growth driven by Mining (20%), Defense (20%), and Rail & Metro (60%) segments. BEML expects a 20% CAGR growth in order book and revenue for FY25 and FY26, driven by Rail & Metro, Defense, and Mining sectors.
What is BEML Ltd share price analysis?
BEML Ltd currently shows a neutral. The stock trades at a P/E of 98.5 with a market cap of ₹13,923 Cr. Investors should review the full earnings analysis for detailed insights.
Is BEML Ltd planning capital expenditure?
Total planned Capex is ₹1800 crores, to be implemented in 5 phases.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.