BEML Limited (BEML) AI Stock Analysis

• Market Cap: ₹178.48B
• Dividend Yield: 0.29%
• Average Volume (3M): 27.68K
• Price to Earnings (P/E): 59.7
• Beta (1Y): 1.98
• Revenue Growth: -1.31%
• EPS Growth: 3.61%
• Country: IN
• Employees: 4,729
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 4.53
• Shares Outstanding: 83,289,000
• 10 Day Avg. Volume: 14,988
• 30 Day Avg. Volume: 27,683
• PEG Ratio: 11.88
• Price to Book (P/B): 4.57
• Price to Sales (P/S): 3.26
• P/FCF Ratio: 6.38K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹2,048.00 ▲(14.31% Upside)

BEML Limited's strong financial performance is a significant strength, driven by consistent revenue growth and a stable balance sheet. However, technical analysis indicates bearish momentum, and the stock appears overvalued with a high P/E ratio and low dividend yield. These factors collectively result in a moderate overall stock score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion and stability.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability, reducing risk and providing flexibility for future investments and growth.

Operational Efficiency

High profit margins reflect effective cost control and operational efficiency, contributing to sustainable profitability and competitive advantage.

Negative Factors

Free Cash Flow Volatility

Inconsistent free cash flow growth can lead to uncertainty in funding operations and investments, potentially impacting long-term financial planning.

Revenue Growth Decline

A decline in revenue growth suggests challenges in maintaining sales momentum, which could affect future earnings and market position.

Earnings Volatility

Earnings volatility can create uncertainty for investors and may hinder the company's ability to consistently fund growth initiatives.

BEML Limited Business Overview & Revenue Model

Company Description

BEML Limited provides products and services to the mining and construction, rail and metro, and defense and aerospace sectors in India. The company offers mining equipment for opencast and underground mines; hydraulic excavators, bulldozers, wheel loaders and dozers, dump trucks, motor graders, pipe layers, tyre handlers, water sprinklers, and backhoe loaders; and hydraulics, powerline systems, engines, and structures. It also provides mobility trucks, recovery vehicles, bridge systems, vehicles for missile projects, tank transportation trailers, milrail wagons, mine ploughs, crash fire tenders, snow cutters, aircraft towing tractors, and aircraft weapon loading trolleys. In addition, the company offers integral rail coaches, metro cars, AC EMUs, OHE cars, steel and aluminum wagons, track laying equipment, utility vehicles, treasury vans, spoil disposal units, and broad gauge rail buses for. It also exports its products to approximately 68 countries worldwide. The company was formerly known as Bharat Earth Movers Limited. BEML Limited was incorporated in 1964 and is based in Bengaluru, India.

How the Company Makes Money

BEML Limited generates revenue primarily through the sale of its diversified product portfolio, which includes mining and construction equipment, rail and metro products, and defense equipment. The company serves a wide array of clients, including government agencies, public sector undertakings, and private sector companies. BEML's key revenue streams come from the sale of heavy earthmoving machinery used in mining and construction, manufacturing rail coaches and metro cars for urban transportation systems, and providing defense equipment to the Indian armed forces. Additionally, BEML engages in after-sales services, maintenance, and spare parts provisioning, which contribute to its revenue. Strategic partnerships with global companies for technology transfer and joint ventures further enhance its business prospects and revenue potential.

BEML Limited Financial Statement Overview

Summary

BEML Limited exhibits strong financial performance with consistent revenue growth, efficient operations, and a stable balance sheet. While the cash flows are generally positive, occasional fluctuations in free cash flow growth warrant attention. The company is well-positioned for continued growth with manageable financial risk.

Income Statement

BEML Limited has demonstrated consistent revenue growth over the past years, with a notable increase from 2024 to 2025. The company maintains strong gross profit and net profit margins, indicating efficient cost management. The EBIT and EBITDA margins have also improved, reflecting better operational efficiency.

Balance Sheet

The company's balance sheet shows a healthy equity ratio, suggesting a stable financial structure. The debt-to-equity ratio is low, indicating limited leverage, which reduces financial risk. Return on Equity has been positive and improving, showcasing effective use of equity capital.

Cash Flow

BEML Limited's cash flow statement reveals a positive free cash flow over the years, with occasional fluctuations. The operating cash flow to net income ratio suggests efficient cash generation relative to earnings. However, the free cash flow growth rate has been inconsistent, indicating potential volatility in cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	40.26B	40.46B	39.65B	38.99B	43.37B	35.97B
Gross Profit	19.98B	20.31B	18.64B	17.62B	16.87B	14.99B
EBITDA	5.38B	5.29B	4.87B	3.88B	3.31B	1.98B
Net Income	2.99B	2.93B	2.82B	1.58B	1.29B	689.03M
Balance Sheet
Total Assets	0.00	58.72B	54.45B	50.10B	57.09B	57.34B
Cash, Cash Equivalents and Short-Term Investments	49.60M	104.30M	80.28M	386.79M	237.76M	44.77M
Total Debt	0.00	2.29B	709.02M	3.81B	8.32B	7.52B
Total Liabilities	-28.87B	29.86B	27.78B	25.89B	33.53B	35.20B
Stockholders Equity	28.87B	28.87B	26.68B	24.21B	23.57B	22.14B
Cash Flow
Free Cash Flow	0.00	20.70M	3.57B	5.21B	127.99M	-3.53B
Operating Cash Flow	0.00	1.83B	4.58B	5.63B	514.15M	-3.01B
Investing Cash Flow	0.00	-2.05B	-676.83M	-200.88M	-253.37M	-490.35M
Financing Cash Flow	0.00	-1.39B	-1.30B	-3.35B	-99.48M	-1.76B

BEML Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1791.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BEML, the sentiment is Negative. The current price of 1791.6 is below the 20-day moving average (MA) of 1921.14, below the 50-day MA of 2071.67, and below the 200-day MA of 1893.15, indicating a bearish trend. The MACD of -83.46 indicates Positive momentum. The RSI at 26.40 is Positive, neither overbought nor oversold. The STOCH value of 6.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BEML.

BEML Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BALMLAWRIE	68 Neutral	₹34.42B	12.70	―	4.66%	4.77%	-0.62%
MSTCLTD	64 Neutral	₹38.66B	9.09	―	9.23%	-48.50%	92.06%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BEML	61 Neutral	₹178.48B	59.72	―	0.29%	-1.31%	3.61%
MMTC	43 Neutral	₹100.98B	102.83	―	―	-17.88%	7.14%
JPASSOCIAT	41 Neutral	₹7.90B	-0.53	―	―	-36.62%	43.81%