BEML share price jumped in Monday's trading session on strong FY26 guidance. The company's shares surged more than 14 percent intraday on the back of renewed investor sentiment over its strong order book outlook and healthy quarterly results.
Shares of BEML Ltd. surged 14.16 percent to an intraday high of Rs 4,244.4 per share on the NSE. The stock has been gaining for last two trading sessions. Later at around 3 PM, the stock pared some of its gains to trade at around Rs 4,180 apiece.
The company sees its orderbook at Rs 22,000 crore by FY26-end against Rs 14,000 crore at present. The company is targeting 20 percent revenue growth with margins expected at around 14.5 percent.
The mining equipment manufacturer reported an 11.9 percent rise in consolidated profit at Rs 287.55 crore for the quarter ended March 31, 2025. The company had posted a profit of Rs 256.80 crore in the year-ago period, BEML said in a filing to BSE.
The company’s income during the January-March quarter rose to Rs 1,656.36 crore, up from Rs 1,518.25 crore in the same period last year, according to a stock exchange filing. Its net profit for the financial year ended March 31, 2025, increased to Rs 292.52 crore compared to Rs 281.77 crore in the previous fiscal.
However, BEML’s total income for the full year declined to Rs 4,045.95 crore from Rs 4,096.56 crore in the preceding financial year.
BEML Limited (formerly known as Bharat Earth Movers Limited) is a government-owned company that manufactures heavy equipment used in mining, construction, defence, and rail/metro sectors.
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