BEML Limited (500048) Q4 25/26 earnings summary

Executive summary

• Achieved highest-ever annual revenue of Rs. 4,351 crores in FY 2025-26, up 8.16% YoY.

• Q4 FY 2025-26 saw record quarterly revenue of Rs. 1,794 crores, up 8.57% YoY.

• EBITDA for Q4 FY 2025-26 reached Rs. 281.33 crores; interest cost reduced by 16.43% YoY.

• Closing order book at all-time high of Rs. 15,896 crores as of March 31, 2026.

• Statutory auditors issued unmodified opinions on both standalone and consolidated results.

Financial highlights

• Standalone net profit for FY 2025-26: Rs. 14,750 lakhs, up from Rs. 29,419 lakhs in FY 2024-25.

• Consolidated net profit for FY 2025-26: Rs. 14,136 lakhs, down from Rs. 29,252 lakhs in FY 2024-25.

• Standalone EPS for FY 2025-26: Rs. 17.71; consolidated EPS: Rs. 16.97.

• EBITDA for Q4 FY 2025-26: Rs. 281.33 crores.

• Capex at all-time high of Rs. 379 crores; R&D investment up 150% to Rs. 251 crores (6.25% of revenue).

Outlook and guidance

• Board declared a second interim dividend of Rs. 2.30 per share and recommended a final dividend of Rs. 0.55 per share for FY 2025-26.

• Focus on R&D and capital investment to drive future growth.