BEML, a Miniratna PSU headquartered in Bengaluru, Karnataka, India, has extended its stock rally for the third consecutive session on May 27, 2025, following robust Q4 FY25 results. The engineering major, which serves defense, mining, and infrastructure sectors, saw its share price surge nearly 4% intraday to ₹4437.95. Over the past three sessions, the stock has gained over 21%, and has risen 37% so far in May amid rising defense demand during India-Pakistan tensions.
BEML Limited, a Miniratna public sector undertaking (PSU) known for providing engineering solutions across defense, mining, and infrastructure sectors, extended its share price rally for the third consecutive session on May 27, 2025. The stock surged nearly 4% intraday, reaching a high of ₹4,437.95 per share, bringing its gains to over 21% in the past three days. So far in May, BEML’s shares have risen 37%, amid increased demand for defense-related stocks amid geopolitical tensions between India and Pakistan.
The company reported a strong financial performance for the fourth quarter of the financial year 2024-25 (Q4 FY25). Profit after tax (PAT) rose 12% year-on-year to ₹290 crore, driven by improved operational performance. Earnings before interest, tax, depreciation, and amortization (EBITDA) increased 14.1% year-on-year to ₹420 crore, with the EBITDA margin expanding by 110 basis points to 25.6%. Revenue for the quarter grew 9.2% year-on-year to ₹1,650 crore.
BEML’s order book for the year stood at ₹14,610 crore, slightly below the company’s guidance of ₹18,000 crore due to delays in decision-making for railway and metro projects. However, the management anticipates that deferred orders will bolster the FY26 closing order book to approximately ₹22,000 crore. The company expects 60% of its order book to come from repair and maintenance (R&M) services and the remaining 40% from defense and mining sectors.
BEML continues to strengthen its position in multiple key sectors by focusing on modernization of defense vehicles, expansion into higher-value defense segments including aerospace and engines, and capitalizing on the large tender pipeline for rail and metro rolling stock.