BEMLNSEBEML Limited· EngineeringHighPositive
Announced Fri, 29 May · 14:32 IST

BEML Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, declared Interim Dividend of Rs. 2.30 per equity share.

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BEML · price

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Price reaction · full curve 14 horizons · vs prior close
-6.2%1-day move
₹1834.00
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₹1758.90
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AI summary

BEML Limited reported its highest-ever annual revenue of Rs. 4,351 crore for FY2025-26, up 8.16% YoY, driven by strong Q4 performance with Rs. 1,794 crore in quarterly revenue. The company declared a 2nd Interim Dividend of Rs. 2.30 per equity share (46% on Rs. 5 face value), in addition to the Rs. 2.50 per share 1st interim dividend paid in February 2026. The Board also recommended a Final Dividend of Rs. 0.55 per share, aggregating to Rs. 3.85 per share for the year. Despite record revenues, profit after tax declined to Rs. 147.5 crore from Rs. 294 crore in the prior year due to higher other expenses (Rs. 937 crore vs Rs. 675 crore). The company maintained robust capex of Rs. 379 crore and increased R&D spend by 150% to Rs. 251 crore. The order book stands at a record Rs. 15,896 crore.

Likely market impact

BEML's record revenue and order book signal strong business momentum, but the nearly 50% decline in net profit raises concerns about cost pressures. The total dividend of Rs. 3.85 per share (on shares trading around Rs. 3,850) indicates a yield of ~0.1%, reflecting modest shareholder returns relative to stock price. Investors should monitor the profit margin recovery in FY2027.