Prime Highlights
- BEML secured a ₹184.25 crore order from HAL for LCH fuselage aerostructures.
- Chairman Shantanu Roy projected around 30% revenue growth for BEML in FY27.
Key Facts
- BEML is a state-owned defence and engineering company involved in rail, metro, mining and defence equipment manufacturing.
- BEML’s Q1 net loss narrowed to ₹27 crore from ₹64 crore, with revenue up 29.3% year-on-year.
Background
State-owned defence and engineering major BEML Ltd has bagged an order worth ₹184.25 crore from Hindustan Aeronautics Ltd (HAL) for manufacturing and supplying Light Combat Helicopter (LCH) fuselage aerostructures. The company confirmed the development in the first week of August, adding that the order falls under its normal course of business.
The order win comes days after BEML signalled an optimistic outlook for the upcoming financial year. Chairman and Managing Director Shantanu Roy projected around 30% revenue growth for FY27, citing continued momentum from the first quarter, a pick-up in rail and metro orders, steady defence demand and better execution across segments.
BEML is targeting order inflows of nearly ₹20,000 crore for FY27, depending on the finalisation of major tenders. Roy noted that the company holds order prospects worth over ₹40,000 crore in the rail and metro space, with additional opportunities emerging in defence, mining, construction and exports. The company also aims to lift EBITDA margins to 12-13%, matching or improving upon levels last seen in FY24 and FY25.
For the June quarter, BEML reported a narrower consolidated net loss of ₹27 crore, against ₹64 crore in the same period last year. Revenue rose 29.3% year-on-year to ₹820 crore from ₹634 crore. EBITDA turned positive at ₹3 crore, compared with a loss of ₹49 crore a year earlier, taking the margin to 0.4% from negative territory.
Shares of BEML closed at ₹1,904.35, up ₹19.45 or 1.03%, on the BSE.
