SUBMISSION OF FINANCIALS
BLAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
BEML Land Assets Limited reported a marginal net profit of Rs. 0.07 lakhs for FY 2025-26, compared to a loss of Rs. 374.73 lakhs in the prior year. Revenue from operations stood at Rs. 98.25 lakhs, derived from lease rental income following the execution of operating lease agreements for Mysore (302 acres) and Bengaluru (36 acres) land parcels at Rs. 393 lakhs per annum. The company recognized a Deferred Tax Asset of Rs. 324.36 lakhs based on virtual certainty of future taxable income from these long-term leases. Operating cash flow turned positive at Rs. 128.70 lakhs. Investment properties are carried at Rs. 1,001.23 lakhs (cost model), while the last fair value assessment (October 2022) stood at Rs. 2,32,537 lakhs — a significant gap not yet updated as property title transfers from BEML Ltd remain in progress.
The stock may remain volatile due to governance red flags: no independent directors, no audit committee, cumulative SEBI penalties of Rs. 270.46 lakhs for non-compliance, and pending property title transfers. However, the turnaround from losses and new lease revenue provide some support.