For the March quarter, BEML’s net profit fell 38% from last year to ₹180 crore from ₹288 crore earlier.
Revenue for the quarter grew by 9% on a year-on-year basis to ₹1,794 crore from ₹1,653 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the March quarter declined by 36% on a year-on-year basis to ₹271 crore, while EBITDA margin narrowed by over 10 percentage points to 15.1% from 25.6% in the year-ago quarter.
Alongside the weak Q4 earnings, the company also lowered its order book guidance to ₹16,349 crore from the earlier target of ₹22,000 crore.
BEML recorded its highest ever annual value of production of ₹4,239 crore, a growth of 8.6% from last year, along with its highest-ever closing order book position of ₹15,896 crore.
Capex reached an all-time high of ₹379 crore, while R&D investments increased by 150% from the year-ago period, rising to 6.25% of overall topline, compared to 2.57% last year.
BEML’s board also approved a second-interim dividend of ₹2.3 per share and a final dividend of ₹0.55, taking the total payout to ₹2.85 per share for the full year.
Shares of BEML are trading 7% lower after the earnings announcement at ₹1,705.5. The stock is down 20% over the last 12 months, and trades well below its 52-week high of ₹2,437.
(Edited by : SHEERSH KAPOOR)
First Published: May 29, 2026 1:51 PM IST
