BEML FY26 revenue rises 8.16% to ₹4,351 crore, profit falls

BEML Limited reported its highest-ever annual revenue of ₹4,351 crore for the financial year ended March 31, 2026, an increase of 8.16% year-on-year. The company recorded its highest-ever quarterly revenue of ₹1,794 crore in Q4 FY26, growing 8.57% year-on-year. Despite the revenue growth, standalone net profit for the year declined to ₹147.50 crore from ₹294.19 crore in the previous year, primarily due to a rise in other expenses. The Board of Directors approved a second interim dividend of ₹2.50 per equity share and recommended a final dividend of ₹0.55 per share, aggregating to ₹5.55 per share for the fiscal year.

Order Book Performance

BEML's FY26 order book stood at ₹16,349 crore, compared to the company's guidance of ₹22,000 crore. The closing order book position as on March 31, 2026, stood at ₹15,896 crore, comprising ₹5,300 crore executable in the current year and ₹10,596 crore executable in subsequent years. During Q4 FY26, BEML booked orders worth ₹1,246 crore and executed orders worth ₹1,699 crore.

Order Book Metric	Details
FY26 Order Book	₹16,349 crore
FY26 Guidance	₹22,000 crore
Closing Order Book (March 31, 2026)	₹15,896 crore
Executable in Current Year	₹5,300 crore
Executable in Subsequent Years	₹10,596 crore
Q4 FY26 Orders Booked	₹1,246 crore
Q4 FY26 Orders Executed	₹1,699 crore

Financial Performance

The company achieved its highest-ever Value of Production (VOP) of ₹4,239 crore for the full year. Strategic investments included a 150% surge in R&D spending to ₹251 crore, constituting 6.25% of revenue. Capex reached an all-time high of ₹379 crore, including Capital Work-in-Progress (CWIP) of ₹191 crore.

Key Financial Metrics (Standalone)

Metric	FY26	FY25	Change
Revenue from Operations	₹4,351 crore	₹4,022 crore	+8.16%
Net Profit	₹147.50 crore	₹294.19 crore	-49.86%
EPS (Basic)	₹17.71	₹70.64	-74.92%

Q4 Metric	Q4 FY26	Q4 FY25	Change
Revenue	₹1,794 crore	₹1,652 crore	+8.57%
EBITDA	₹281.33 crore	₹422 crore	—
EBITDA Margin	15.15%	25.58%	YoY contraction

Governance and Disclosures

The financial results were reviewed by the Internal Committee of Functional Directors on May 28, 2026, and approved by the Board on May 29, 2026. Statutory Auditors M/s G Natesan & Co issued an unmodified opinion, highlighting an emphasis of matter regarding the MAMC Consortium. The auditor noted that the Board currently lacks independent directors, which is not in compliance with Regulation 17(1) of SEBI LODR Regulations and Section 149 of the Companies Act, 2013. The company has informed the Ministry of Defence and awaits further orders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.13%	-6.02%	-5.98%	-5.90%	-18.59%	+231.88%

beml has announced that its board will meet on Friday, May 29, 2026. The meeting has been convened in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary purpose of the meeting is to consider and approve the audited financial results for the financial year ended March 31, 2026. The board will review both the standalone and consolidated financial statements.

Additionally, the directors will deliberate upon the declaration of the second interim dividend for the fiscal year 2025-26, if any. They will also consider recommending the final dividend for the same period on equity shares, subject to the board's decision.

Trading Window Closure

In connection with the upcoming financial results, the company has informed the exchanges about the closure of the trading window. The window, which closed on April 1, 2026, will remain shut until 48 hours after the declaration of the financial results. Consequently, the trading window will reopen on May 31, 2026.

The intimation was signed by Urmi Chaudhury, Company Secretary & Compliance Officer of BEML Limited.