Integrated Filing — IndAS



General information about company

Scrip Code 500048
NSE Symbol BEML
MSEI Symbol NOTLISTED
ISIN INE258A01016
Name of company BEML LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment NA
Start date and time of board meeting 05-11-2025   10:30:00
End date and time of board meeting 05-11-2025   13:25:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 83,908.84 1,47,308.16
Other income 704.32 1,561.05
Total income 84,613.16 1,48,869.21
2 Expenses
(a) Cost of materials consumed 47,750.75 84,914.08
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (7,336.73) (12,070.61)
(d) Employee benefit expense 20,345.32 41,282.04
(e) Finance costs 990.55 1,971.41
(f) Depreciation, depletion and amortisation expense 2,001.39 3,977.01
(f) Other Expenses
1 Other Expenses 15,831.77 30,793.42
Total other expenses 15,831.77 30,793.42
Total expenses 79,583.05 1,50,867.35
3 Total profit before exceptional items and tax 5,030.11 (1,998.14)
4 Exceptional items 0.00 0.00
5 Total profit before tax 5,030.11 (1,998.14)
6 Tax expense
7 Current tax 60.17 760.17
8 Deferred tax 167.00 (1,150.00)
9 Total tax expenses 227.17 (389.83)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 4,802.94 (1,608.31)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 4,802.94 (1,608.31)
17 Other comprehensive income net of taxes (712.11) (634.79)
18 Total Comprehensive Income for the period 4,090.83 (2,243.10)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (4,826.14) (1,584.50)
Total profit or loss, attributable to non-controlling interests 23.20 (23.81)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (4,114.03) (2,219.29)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 23.20 (23.81)
21 Details of equity share capital
Paid-up equity share capital 4,164.45 4,164.45
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 11.53 -3.86
Diluted earnings (loss) per share from continuing operations 11.53 -3.86
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 11.53 -3.86
Diluted earnings (loss) per share from continuing and discontinued operations 11.53 -3.86
24 Debt equity ratio 0.2300 0.2300
25 Debt service coverage ratio 8.100 2.00
26 Interest service coverage ratio 6.0800 -0.0100
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above results have been prepared in accordance with Ind AS, duly reviewed by the Audit Committee at the meeting held on 04.11.2025 and approved by the Board of Directors at the Meeting held on 05.11.2025. 2. As required under SEBI regulations, a Limited review of the above financials was conducted by the Statutory Auditors and the Limited Review Report as duly placed before the aforesaid meeting of the Board is enclosed. 3.Exemption has been granted by Ministry of Corporate Affairs (MCA) from publishing segment-wise information. 4.The audited annual results of subsidiary companies viz. Vignyan Industries Ltd. (96.56% shareholding) and MAMC Industries Ltd (100% shareholding) are included in consolidated financial results on a line to line basis as prescribed under Ind AS 110 - Consolidated Financial Statements. As per CCEA approval dated 8th September 2021, M/s Vignyan Industries Ltd, a subsidiary of BEML is under voluntary liquidation. All three land parcels of VIL have been disposed off and registration in favour of the buyers have been completed in June 2025, with this all movable and immovable assets have been disposed off. Voluntary liquidation is under process. 5.The group has advanced Rs 7,400.11 Lakhs to the MAMC consortium formed along with M/s Coal India Ltd(CIL) and M/s Damodar Valley Corporation (DVC) for acquiring specified assets of Mining & Allied Machinery Corporation Ltd (MAMC) (under liquidation). The company's share in the consortium is 48%. 6.M/s BEML Midwest Ltd subsidiary JV company formed with M/s Midwest Granite Pvt. Ltd has not prepared its Financial Statements as the company is under liquidation vide order dated 20.10.2023 of the Honourable Hyderabad bench of National Company Law Tribunal. The investments in BEML Midwest Ltd Rs 542.25 lakhs have been fully provided for in the books of the group. 7.Previous period figures have been regrouped and reclassified wherever necessary to make them comparable with the current period figures.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 56,247.63
Capital work-in-progress 17,096.68
Investment property 0.00
Goodwill 0.00
Other intangible assets 3,382.42
Intangible assets under development 706.60
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 581.33
Trade receivables, non-current 0.00
Loans, non-current 16.58
Other non-current financial assets 124.61
Total non-current financial assets 722.52
Deferred tax assets (net) 11,337.00
Other non-current assets 7,789.08
Total non-current assets 97,281.93
2 Current assets
Inventories 2,46,851.01
Current financial asset
Current investments 0.00
Trade receivables, current 1,43,916.10
Cash and cash equivalents 3,610.02
Bank balance other than cash and cash equivalents 88.22
Loans, current 1,197.22
Other current financial assets 60,994.77
Total current financial assets 2,09,806.33
Current tax assets (net) 6,136.81
Other current assets 33,473.07
Total current assets 4,96,267.22
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 5,93,549.15
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,177.22
Other equity 2,75,872.91
Total equity attributable to owners of parent 2,80,050.13
Non controlling interest (73.00)
Total equity 2,79,977.13
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,395.99
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 112.63
Total non-current financial liabilities 1,508.62
Provisions, non-current 28,754.95
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 82,491.36
Total non-current liabilities 1,12,754.93
Current liabilities
Current financial liabilities
Borrowings, current 65,202.01
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 14,390.42
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 47,261.62
Total Trade payable 61,652.04
Other current financial liabilities 14,025.97
Total current financial liabilities 1,40,880.02
Other current liabilities 37,112.72
Provisions, current 22,124.35
Current tax liabilities (Net) 700.00
Deferred government grants, Current 0.00
Total current liabilities 2,00,817.09
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 3,13,572.02
Total equity and liabilites 5,93,549.15
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re measurement of defined benefit (liability)/asset (712.11) (634.79)
Total Amount of items that will not be reclassified to profit and loss (712.11) (634.79)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (712.11) (634.79)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (1,998.14)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,971.41
Adjustments for decrease (increase) in inventories (8,914.92)
Adjustments for decrease (increase) in trade receivables, current 25,671.71
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (5,672.55)
Adjustments for decrease (increase) in other non-current assets (1,212.80)
Adjustments for other financial assets, non-current 11.68
Adjustments for other financial assets, current (9,479.56)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (9,343.54)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (8,706.53)
Adjustments for increase (decrease) in other non-current liabilities (1,450.54)
Adjustments for depreciation and amortisation expense 3,977.01
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (3,745.26)
Adjustments for provisions, non-current 1,900.87
Adjustments for other financial liabilities, current 1,680.82
Adjustments for other financial liabilities, non-current 488.82
Adjustments for unrealised foreign exchange losses gains (55.81)
Adjustments for dividend income 0.00
Adjustments for interest income 151.05
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (634.79)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (13,665.03)
Net cash flows from (used in) operations (15,663.17)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 8,661.87
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (24,325.04)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 5,144.32
Purchase of property, plant and equipment 11,832.13
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets (3.97)
Purchase of intangible assets 958.13
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 151.05
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 222.00
Net cash flows from (used in) investing activities (7,276.86)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 15,500.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 6,276.42
Interest paid 1,971.41
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (222.00)
Net cash flows from (used in) financing activities 7,030.17
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (24,571.73)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (24,571.73)
Cash and cash equivalents cash flow statement at beginning of period (21,408.37)
Cash and cash equivalents cash flow statement at end of period (45,980.10)