BEML share price today

BEML Ltd's share price was ₹2,123.00 at the close on 4 November 2026. It has been rising for 10 weeks. That is 13.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,437 and ₹2,134, and at that close it sat 98% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today BEML Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +406% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

2 points on a year earlier.

1. Profit grew again in the June 2026 quarter

   Profit was ₹-27 crore, +57.8% on a year earlier (₹-64 crore), after 3 quarters of decline.

   Why: The loss shrank because rail and metro sales jumped, driving the quarter's revenue recovery.

   Next results: check whether Bengaluru Metro starts commercial service and LHB/Vande Sleeper finishes production.

   From the earnings call on 13 Aug 2026.

2. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

   From 18.4% to 21.5% of the company by the September 2026 quarter.

3. Operating margin up 8.2 points on a year earlier

   0.2% in the June 2026 quarter, from -8%.

   Why: Operating margin turned positive because rail and metro sales jumped and the factory ran more work, spreading fixed costs.

   From the earnings call on 13 Aug 2026.

BEML paid ₹17.08 a share in regular dividends in the 12 months to 5 November 2026 (3 payments), a yield of 0.80% at the ₹2,123.00 close on 4 November 2026. The last was a dividend of ₹12.28 a share, ex-date 22 September 2026.

BEML dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. BEML Ltd paid out 101% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

For April to June 2026 (the quarter ended 30 June 2026), BEML reported revenue of ₹820 crore, up 29.3% from ₹634 crore a year earlier, and a loss of ₹27.0 crore.

BEML results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

BEML's management discussed these results on a call held on 13 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

BEML closed at ₹2,123.00 on 4 November 2026, up 5.8% from ₹2,006.70 a year earlier (7 November 2025) and up 227.6% over five years. Its highest weekly close since March 2016 was ₹2,529.98 on 5 July 2024.

BEML share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: BEML closed at ₹2,123.00, up 6.8% on the week and up 8.3% on the month. 22 Sep 2026: ex-date for a dividend of ₹12.28 a share.

Earlier

• 13 Aug 2026: BEML held its results call for April to June 2026. Management guided: FY27 revenue yearly growth in the high 20s if all goes well; cumulative phasing of 35% by Q2 and around 70% by Q3.
• Results for April to June 2026: Revenue up 29.3% on a year earlier.
• 5 Jun 2026: ex-date for an interim dividend of ₹2.30 a share.
• 13 Feb 2026: ex-date for an interim dividend of ₹2.50 a share.
• 3 Nov 2025: Share split: face value cut from ₹10 to ₹5 a share (ex-date).

On the call for April to June 2026, held on 13 August 2026, BEML's management guided: FY27 revenue yearly growth in the high 20s if all goes well; cumulative phasing of 35% by Q2 and around 70% by Q3.

“As far as EBITDA is concerned, in FY24-25, we achieved around 13-13.3%. Last year, because of a one-off correction, it went down, but this year my expectation is that we will again get back to at least 13% EBITDA.”Shantanu Roy, Chairman & Managing Director, on the call for April to June 2026

What management guided

• FY27 operating margin at least 13%; longer-term aspiration 17-18%; foreign-currency losses already booked to be mitigated by at least 20-25% this year.
• Export order book around $200 million by year-end.
• Opportunity size around ₹35,000-40,000 crore across Rail and Metro, Defence and Mining.
• FY27 order inflow goal ₹20,000 crore with around 40% probability; future mix expected to favor Rail and Metro.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 13 August 2026.

When BEML reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Rail and Metro deliveries to sustain the recovery.

BEML is on 3 of our India lists: Momentum stocks, Small & mid cap stocks and Defence stocks.

BEML Ltd posted a net loss of ₹27.0 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹141 Cr. Over 10 years profit has grown 8.2% a year on average. That loss is 3.3% of the quarter's revenue. The same quarter a year earlier lost ₹64.0 Cr. 4 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹141 Cr (−51.9% on the year before).

On average over the last four quarters, profit changed −78.4% and revenue +14.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

BEML Ltd reported ₹820 Cr of revenue in the Jun 2026 quarter, +29.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 3.9% a year on average. The last full year, FY26, came in at ₹4,351 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹4,536 Cr.

FY26 revenue was ₹4,351 Cr, +8.2% on the year before.

Recent pace: the last four quarters grew +14.8% on average, against 3.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +12.8%, against +5.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −40.1%, against −21.0% a year (rolling over).

BEML Ltd's operating margin was 0.2% in the Jun 2026 quarter, 8.2 percentage points higher than the same quarter a year ago. Across 13 years it has been between 2.6% and 13.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +8.0 percentage points on the year while gross margin changed −4.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 94% of BEML Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹118 Cr of operating cash against ₹141 Cr of profit. After ₹378 Cr of spending on assets, free cash was −₹260 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 94% of profit came in as cash: the cash cycle got 13 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.1× depreciation over three years. The next section checks what that spending is building.

BEML Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 421 days in FY26, down from 434 days in FY21. It spent ₹672 Cr on assets over the last 3 years. Customers take 191 days to pay, and stock sits for 394 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹4,351 Cr, each day of that cycle ties up about ₹11.9 Cr, so roughly ₹5,019 Cr is tied up in the business at any time.

FY26: customers took 191 days to pay and stock sat for 394 days, about 13.0 months of sales sitting as stock, for a full cycle of 421 days, shorter than FY21's 434.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 394 days. Customers pay about 191 days after that. Suppliers are paid at 164 days. Together that makes the 421-day cycle.

Spending on assets: ₹672 Cr over the last 3 years, against ₹218 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹298 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

BEML Ltd's P/E is 99.0×, near the high end of its own history: higher than 97% of past readings. Its usual P/E (the middle reading) is 50.1×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.