Integrated Filing — IndAS



General information about company

Scrip Code 500048
NSE Symbol BEML
MSEI Symbol NOTLISTED
ISIN INE258A01024
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 29-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment NA
Start date and time of board meeting 29-05-2026   10:20:00
End date and time of board meeting 29-05-2026   13:15:00
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
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 23-05-2025
Indicate Company website link for updated RPT policy of the Company https://www.bemlindia.in/wp-content/uploads/2025/11/POLICY-ON-RELATED-PARTY-TRANSACTIONS.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NIL



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 1,79,417.27 4,35,052.55
Other income 952.58 2,755.36
Total income 1,80,369.85 4,37,807.91
2 Expenses
(a) Cost of materials consumed 91,150.18 2,31,983.66
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 3,688.64 (4,123.77)
(d) Employee benefit expense 19,966.08 83,506.35
(e) Finance costs 1,406.62 4,538.81
(f) Depreciation, depletion and amortisation expense 2,244.57 8,339.17
(f) Other Expenses
1 Other Expenses 37,431.95 93,656.00
Total other expenses 37,431.95 93,656.00
Total expenses 1,55,888.04 4,17,900.22
3 Total profit before exceptional items and tax 24,481.81 19,907.69
4 Exceptional items 0.00 0.00
5 Total profit before tax 24,481.81 19,907.69
6 Tax expense
7 Current tax 11,203.16 12,122.32
8 Deferred tax (4,653.00) (6,965.00)
9 Total tax expenses 6,550.16 5,157.32
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 17,931.65 14,750.37
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 17,931.65 14,750.37
17 Other comprehensive income net of taxes 266.69 (445.84)
18 Total Comprehensive Income for the period 18,198.34 14,304.53
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 4,164.45 4,164.45
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 2,86,694.69
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 21.53 17.71
Diluted earnings (loss) per share from continuing operations 21.53 17.71
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 21.53 17.71
Diluted earnings (loss) per share from continuing and discontinued operations 21.53 17.71
24 Debt equity ratio 0.100 0.100
25 Debt service coverage ratio 20.0 7.2200
26 Interest service coverage ratio 18.400 5.3900
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. As currently there are no independent directors on the Board of BEML, the Audit Committee has not been constituted. The results have been prepared in accordance with Ind AS, which was duly reviewed and recommended by the Internal Committee of Functional Directors at the meeting held on 28.05.2026 and approved by the Board of Directors at the Meeting held on 29.05.2026. 2. As required under SEBI regulations, audit of the above financials was conducted by the Statutory Auditors and the Independent Auditor's 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.As per CCEA approval dated 8th September 2021, voluntary liquidation of M/s Vignyan Industries Ltd, a subsidiary of BEML is under process. 5.The company has advanced Rs 7,449.49 Lakhs to 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%. Further, a subsidiary company MAMC Industries Ltd (MIL) was formed & incorporated for the intended JV formation. The company has advanced Rs 624.01 Lakhs on account of MIL. 6.As per Government Notification on the new Labour Codes, the obligation for compensated leave and gratuity for Fixed Term Employees has been actuarially valued at Rs 26.20 Lakhs and Rs 114.60 Lakhs respectively and liability provided. The Company continues to monitor the development pertaining to Labour Code and will evaluate the impact, if any, on the employee benefit related liabilities. 7.The Company has invested in M/s Communication (Defence) Testing Foundation, M/s Systems Testing and Research for Advanced Materials Foundation and M/s UAS Testing Foundation which are not-for-profit companies registered under Section 8 of the Companies Act, 2013. Though these entities are associates, these entities have not been considered for consolidation in the consolidated financial statements, as the holding company does not exercise control over these entities nor does it have rights to variable returns from its involvement, other than the equity investment. 8.Previous period figures have been regrouped and reclassified wherever necessary to make them comparable with the current period figures. 9.The figures for the quarter ended March are the balancing figures between the audited figures for the full financial year and the published figures upto the third quarter of the respective financial years. 10.The Board of Directors approved an Interim dividend of Rs. 2.50 per equity share on 06.02.2026. Further, the Board of Directors approved second interim Dividend of Rs. 2.30 per equity share and recommended a Final Dividend of Rs. 0.55 per equity share for the year ended 31.03.2026, aggregating to Rs. 5.35 per equity share.



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 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 64,053.13
Capital work-in-progress 27,632.71
Investment property 0.00
Goodwill 0.00
Other intangible assets 3,916.83
Intangible assets under development 2,119.80
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1,018.96
Trade receivables, non-current 0.00
Loans, non-current 17.82
Other non-current financial assets
1 Other non-current financial assets 84.96
Total of other non-current financial assets 84.96
Total non-current financial assets 1,121.74
Deferred tax assets (net) 17,152.00
Other non-current assets
1 Other non-current assets 8,449.51
Total of other non-current assets 8,449.51
Total non-current assets 1,24,445.72
2 Current assets
Inventories 2,33,811.26
Current financial asset
Current investments 0.00
Trade receivables, current 2,27,436.51
Cash and cash equivalents 670.77
Bank balance other than cash and cash equivalents 130.85
Loans, current 1,189.85
Other current financial assets
Total of other current financial assets 72,427.03
Total current financial assets 3,01,855.01
Current tax assets (net) 2,930.78
Other current assets
1 Other current assets 35,569.14
Total of other current assets 35,569.14
Total current assets 5,74,166.19
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 6,98,611.91
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,177.22
Other equity 2,86,694.69
Total equity attributable to owners of parent 2,90,871.91
Non controlling interest
Total equity 2,90,871.91
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,499.52
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
1 Other non-current financial liabilities 112.63
Total of other non-current financial liabilities 112.63
Total non-current financial liabilities 1,612.15
Provisions, non-current 28,189.09
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 91,377.10
Total of other non-current liabilities 91,377.10
Total non-current liabilities 1,21,178.34
Current liabilities
Current financial liabilities
Borrowings, current 29,199.14
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 21,933.61
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 80,483.78
Total Trade payable 1,02,417.39
Other current financial liabilities
1 Other current financial liabilities 47,750.82
Total of other current financial liabilities 47,750.82
Total current financial liabilities 1,79,367.35
Other current liabilities 47,023.25
1 Other current liabilities 47,023.25
Total of other current liabilities 47,023.25
Provisions, current 53,258.88
Current tax liabilities (Net) 6,912.18
Deferred government grants, Current 0.00
Total current liabilities 2,86,561.66
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 4,07,740.00
Total equity and liabilites 6,98,611.91
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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
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 356.39 (595.81)
Total Amount of items that will not be reclassified to profit and loss 356.39 (595.81)
2 Income tax relating to items that will not be reclassified to profit or loss 89.70 (149.97)
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 266.69 (445.84)



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 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 19,907.69
Adjustments for reconcile profit (loss)
Adjustments for finance costs 4,538.81
Adjustments for decrease (increase) in inventories 4,124.84
Adjustments for decrease (increase) in trade receivables, current (57,848.70)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (4,570.17)
Adjustments for decrease (increase) in other non-current assets (7,082.86)
Adjustments for other financial assets, non-current 50.09
Adjustments for other financial assets, current (20,579.14)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 31,436.81
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1,207.31
Adjustments for increase (decrease) in other non-current liabilities 7,435.20
Adjustments for depreciation and amortisation expense 8,339.17
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 27,389.26
Adjustments for provisions, non-current 1,335.01
Adjustments for other financial liabilities, current 5,368.59
Adjustments for other financial liabilities, non-current 592.35
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 420.26
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (595.81)
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 (142.13)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 578.37
Net cash flows from (used in) operations 20,486.06
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 7,846.87
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 12,639.19
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 180.00
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 232.83
Purchase of property, plant and equipment 34,296.47
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.01
Purchase of intangible assets 3,579.17
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 1,155.16
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 420.26
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (36,247.38)
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 7,353.15
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 8,901.40
Interest paid 4,538.81
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 29,928.66
Net cash flows from (used in) financing activities 23,841.60
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 233.41
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 233.41
Cash and cash equivalents cash flow statement at beginning of period 437.35
Cash and cash equivalents cash flow statement at end of period 670.76





Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 BEML Limited Vignyan Industries Limited Subsidiary Investment Not Applicable 0.00 252.60 252.60 Investment 0 0 Unsecured NA
2 BEML Limited MAMC Industries Limited Subsidiary Advance Not Applicable 18.50 605.51 624.01 Advance 0 0 Unsecured Administrative Purpose
3 BEML Limited MAMC Industries Limited Subsidiary Investment Not Applicable 0.00 5.00 5.00 Investment 0 0 Unsecured NA
4 BEML Limited Shri. Shantanu Roy Chairman and Managing Director Remuneration Not Applicable 40.17 0.00 0.00
5 BEML Limited Shri. Anil Jerath Director Remuneration Not Applicable 28.81 0.00 0.00
6 BEML Limited Shri. Debi Prasad Satpathy Director Remuneration Not Applicable 28.10 0.00 0.00
7 BEML Limited Shri. Sanjay Som Director Remuneration Not Applicable 27.59 0.00 0.00
8 BEML Limited Shri. Rajeev Kumar Gupta Director Remuneration Not Applicable 36.61 0.00 0.00
9 BEML Limited Shri. Urmi Chaudhury Company Secretary Remuneration Not Applicable 10.65 0.00 0.00
10 BEML Limited UAS Testing Foundation Associate Investment Not Applicable 0.00 300.00 300.00
11 BEML Limited Communication (Defence) Testing Foundation Associate Investment Not Applicable 0.00 261.31 261.31
12 BEML Limited Systems Testing and Resarch for Advanced Materials Foundation Associate Investment Not Applicable 180.00 20.00 200.00
13 BEML Limited Beml Land Assets Limited Related Party u/s 2(76) of Companies Act 2013 Loan Not Applicable (6.96) 1,196.81 1,189.85 Loan 8.2500 0 Unsecured Administrative Purpose
14 BEML Limited Shri. Sachin Dighde Director Remuneration Not Applicable 23.66 0.00 0.00
15 BEML Limited Beml Land Assets Limited Related Party u/s 2(76) of Companies Act 2013 Purchase of goods or services Not Applicable 98.25 0.00 0.00
16 BEML Limited BEML Women Welfare Foundation Related Party Purchase of goods or services Not Applicable 34.86 0.00 0.00
17 BEML Limited BEML MIDWEST Limited Joint Venture Investment Not Applicable 542.25 542.25 0.00
Total value of transaction during the reporting period 1,062.49