BEML's Q2 FY 2025-26 Quarterly Results

Result Summary

• BEML Ltd reported a 31.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 3.3%.
• Its expenses for the quarter were up by 11.6% QoQ and down 2.9% YoY.
• The net profit decreased 174.9% QoQ and decreased 5.9% YoY.
• The earnings per share (EPS) of BEML Ltd stood at 11.53 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

BEML Ltd, previously known as Bharat Earth Movers Limited, is a prominent player in the manufacturing sector, primarily engaged in producing a diverse range of products. The company specializes in manufacturing heavy equipment for sectors such as mining, construction, defense, and railways. BEML Ltd is recognized for its robust product portfolio, including earthmovers, transport vehicles, and rail coaches. The company operates within the industrial machinery and equipment industry, which is integral to infrastructure and defense. Recent developments in the industry may include advancements in technology and shifts in governmental policies, though specific recent developments for BEML Ltd are not provided in the data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), BEML Ltd reported a total income of ₹846.13 crores. This represents a significant quarter-over-quarter (QoQ) increase of 31.7% from the ₹642.56 crores reported in the first quarter of fiscal year 2026 (Q1FY26). However, there is a year-over-year (YoY) decline of 3.3% compared to the total income of ₹874.70 crores in the second quarter of fiscal year 2025 (Q2FY25). The fluctuation in revenue over the quarters and years indicates varying income trends, with a notable rise from the previous quarter but a slight decline from the same quarter in the previous year.

Profitability

BEML Ltd's profitability in Q2FY26 shows a marked improvement with a profit before tax of ₹50.30 crores, a significant turnaround from the loss of ₹70.28 crores in Q1FY26. This change corresponds to a QoQ improvement of -171.6%. However, when compared to Q2FY25, there is a YoY decrease of 8.1% from the ₹54.75 crores profit before tax reported then. The company's profit after tax for Q2FY26 stands at ₹48.03 crores, reversing the loss of ₹64.11 crores in Q1FY26, resulting in a QoQ change of -174.9%, while showing a YoY decline of 5.9% from ₹51.04 crores in Q2FY25. Earnings per share (EPS) also reflect this pattern, with Q2FY26 EPS at ₹11.53, a notable increase from the negative EPS of ₹-15.40 in Q1FY26 and a slight decrease from ₹12.26 in Q2FY25.

Operating Metrics

The total expenses for BEML Ltd in Q2FY26 amounted to ₹795.83 crores, showing an increase of 11.6% QoQ from ₹712.84 crores in Q1FY26. Compared to Q2FY25, total expenses decreased by 2.9% from ₹819.96 crores. These changes in expenses are an essential indicator of the company's operational efficiency and cost management over time. Tax expenses in Q2FY26 were reported at ₹2.27 crores, contrasting with a negative tax of ₹-6.17 crores in Q1FY26, reflecting a significant QoQ change of -136.8%. The YoY comparison shows a decrease of 38.8% from the tax of ₹3.71 crores in Q2FY25. These operating metrics highlight the company's financial adjustments and tax liabilities across different fiscal periods.