BEML posts record PBT, driven by defense business growth

BEML Limited announced a record Profit Before Tax (PBT) of ₹405 crores for the financial year 2024-25, marking a 5.74% increase from ₹383 crores in the previous year. Revenue from operations for FY2024-25 stood at ₹4022 crores. The Defence Business Group was a significant contributor, accounting for 27% of total sales, a substantial rise from 19% in FY2023-24, and achieving its highest-ever turnover with 29% year-on-year growth.

The company's order book reached ₹14,610 crores as of April 1, 2025, reflecting a 23% growth in order bookings. Notably, the Rail & Metro Business Group contributed 19% to total sales and secured prestigious contracts, including an order for 210 Chennai Metro cars valued at ₹3,004 crores. Mining & Construction remained the largest segment, generating approximately 54% of total sales, with its sustenance segment contributing over 49% and achieving its highest annual sales.

BEML's R&D expenditure for FY2024-25 was 2.62% of total sales, leading to 28 Intellectual Property Rights, including 14 patents. The company also indigenized 117 items, resulting in a foreign exchange saving of approximately ₹81 crore.