New Delhi: BEML Limited, a Government of India enterprise under the Ministry of Defence, has declared a Rs 45 crore dividend to the Government for the financial year 2024-25. The dividend cheque was formally handed over by Shantanu Roy, Chairman and Managing Director (CMD) of BEML, to Defence Minister Rajnath Singh in a ceremony held in New Delhi on Monday. Also present at the occasion were Sanjiv Kumar, Secretary (Defence Production), and other senior officials from the Ministry of Defence.
This payout is part of BEML’s continued strong financial performance, with the company reporting impressive results for the year. Earlier this year, BEML’s Board of Directors declared a second interim dividend of Rs 15 per equity share (face value Rs 10). This, in addition to a first interim dividend of Rs 5 per share, brings the total dividend payout for FY 2024-25 to Rs 20 per share.
Record-Breaking Financial Performance
The dividend announcement comes on the back of a record-breaking performance for BEML, particularly in the fourth quarter of FY 2024-25. The company reported a net profit of Rs 288 crore, marking a 12 percent increase compared to the Rs 257 crore profit posted during the same period last year. The company’s Profit Before Tax (PBT) stood at Rs 395 crore, reflecting a 14 percent year-on-year growth from Rs 348 crore in Q4 FY24.
BEML’s revenue from operations for the fourth quarter also saw a healthy rise, climbing to Rs 1,653 crore, up from Rs 1,514 crore in Q4 of the previous year. The company’s EBITDA witnessed a 14 percent increase, reaching Rs 427 crore, up from Rs 375 crore in Q4 FY24.
A Strategic Milestone for BEML
The dividend payout, coupled with the robust financial results, highlights BEML’s growing contribution to the Government of India’s objectives in the defence and infrastructure sectors. The company’s performance underscores its ability to maintain profitability and achieve sustained growth even amid challenging market conditions.
Minister Rajnath Singh expressed his appreciation for BEML’s continued financial success, acknowledging the company’s vital role in supporting India’s defence and infrastructure requirements. He also commended the company’s efforts to contribute to the government exchequer through regular dividend payouts.
A Look Ahead
Looking forward, BEML is expected to continue strengthening its position in the defence manufacturing sector while expanding its portfolio in areas like construction, mining, and railways. The company’s diverse offerings and strategic initiatives are aimed at driving further growth, innovation, and operational efficiency in the years ahead.
As a government enterprise, BEML remains committed to its mandate of supporting national development while delivering consistent value to shareholders and the Indian government.
About BEML
BEML Limited (formerly Bharat Earth Movers Limited) is a Government of India Public Sector Undertaking under the Ministry of Defence. Headquartered in Bengaluru, it is a key player in India’s industrial ecosystem, engaged in the design, manufacture, and supply of a wide range of products for core sectors such as Defence, Mining & Construction, Rail & Metro, and Aerospace. Known for its focus on indigenisation, innovation, and self-reliance, BEML has played a pivotal role in national initiatives like Make in India and Atmanirbhar Bharat. Its product range includes metro coaches, heavy earthmoving machinery, military vehicles, and ground support equipment, among others. BEML is also at the forefront of developing autonomous and smart mobility solutions, reinforcing its commitment to sustainability and advanced engineering.
