Latest news with #BEML
India.com
21 hours ago
- India.com
Good news for Delhi, Mumbai and Pune as Indian Railways plans to launch 10 Vande Bharat Sleeper trains by..., important routes may include....
Vande Bharat Sleeper Train (Image: X) Vande Bharat Sleeper trains launch: In a significant good news for the residents of New Delhi, Pune, Mumbai and Kolkata, the Indian Railways is expected to launch ten Vande Bharat Sleeper trains in the ongoing financial year (FY 25-26). Manufactured in a collaboration with Bharat Earth Movers Limited (BEML), the new ultra-modern trains are expected to provide world-class facilities at afforable routes. 'We expect to roll out 10 Vande Bharat Sleeper trains in the ongoing financial year. These trains are being manufactured in a collaboration with BEML', a senior railway official was quoted as saying about the launch of the Vande Bharat Sleeper trains by a report carried by ETNow. Although the routes of the trains have not been officially announced, important routes like New Delhi-Howrah, Sealdah-New Delhi, New Delhi-Pune, New Delhi-Mumbai, and New Delhi-Secunderabad are expected to be part of it. Readers should also note that the official announcement about the launch will be mad by the Railway Board (RB). Vande Bharat sleeper train- Top Speed In a significant achievement for the Indian Railways, the Modi government recently announced that the Vande Bharat sleeper train achieved a peak speed of 180 km per hour in its multiple trials in the last three days. Sharing a video of a successful trial in Kota Division, Railways Minister Ashwini Vaishnaw, mentioned the speed in a post on X. The video shows a full glass of water adjacent to a mobile on a plain surface inside a Vande Bharat sleeper train. The static water level can be seen in the video as the train achieves near constant peak speed of 180 km per hour, a report by IANS news agency said. Notably, passengers are already enjoying reclining seats and world-class travel experience through 136 Vande Bharat trains running across the country on medium and short distances and the new Vande Bharat Sleeper trains are expected to go near the top speed. (With inputs from agencies)
Mint
5 days ago
- Business
- Mint
BEML plans to manufacture light infantry vehicles; roll out indigenous bullet train by 2026
NEW DELHI : State-run manufacturing major BEML Ltd is working on developing light-infantry vehicles for combat, reconnaissance, and patrol as it expects procurement of launch platforms for missiles, including the Brahmos, to rise, said its chairman and managing director, Shantanu Roy, in an interview. The listed firm, formerly known as Bharat Earth Movers Ltd, is also expecting more orders for high-mobility vehicles to carry heavy equipment and armoured recovery vehicles in the wake of the India-Pakistan conflict. The public sector undertaking plans to roll out India's first long-distance, semi-high-speed trains (Vande Bharat) in a sleeper coach configuration and bullet trains by December 2026, added Roy. Also Read: BEML needs to make hay while its order backlog shines 'High-speed train (bullet train) will be manufactured in Bengaluru. We are in the design stage. We would like to start manufacturing by September 2025. We will try that the first car body, the first shell, should be ready in the current fiscal year by February-March 2026. Actually, we have to build two trains, eight coaches each." The train would have a maximum speed of 280 kilometres per hour. It would likely run on the Mumbai-Ahmedabad high-speed corridor at around 249 kmph along with Japanese trains. 'The idea is to roll out the first train in December 2026. The second one will come, maybe, a couple of months later," he said. The defence push Roy said defence, train, and metro manufacturing would comprise 60% of the company's revenue in 2025-26, indicating a clear shift from mining equipment manufacturing, whose share would decrease to 40% from 53% in 2024-25. Also Read: Operation Sindoor: Defence stocks can add firepower to your portfolio. But there's a catch. "Even in defence, we are expecting good orders in the high-mobility vehicles segment, and we already have some armoured recovery vehicles, overall orders for which will start flowing from this year. There will be some procurement, and we are hopeful to get orders for some high-mobility vehicles," Roy said. He said the company would also consider developing future-ready combat vehicles (FRCVs) a few years down the line. 'We are not yet in the weaponised vehicles segment, but we are preparing ourselves to get into that segment," he said. Roy added that the company has also developed a rigid axle platform for gun towing with an air-cooled engine, which would help operations in areas of water scarcity. 'It has already undergone winter trials. Now, it will undergo summer trials. Once that is successful, I expect orders to follow," he said, adding that in 2024-25, BEML entered the light armoured multipurpose vehicle (LAMV) segment and orders for them should flow by 2026-27. Also Read: Indian defence firms skyrocket after Pakistan skirmish Moreover, he said the company has entered the maritime segment, with work underway on critical components for aircraft carriers and submarines. 'A lot of the Indian Navy requirements are currently imported. So, we are working on some 5-6 projects where we have already been identified as an Indian lead agency for indigenising some critical aggregates, critical components. The volume will not be much, but the value will be high, and it will create a lot of self-reliance for the country," he said. BEML's orderbook stood at ₹14,610 crore on 31 March 2025. It expects orders worth ₹14,000 crore in 2025-26. 'After we execute (some orders), we'll be left with around ₹22,000-23,000 crore worth of orders (by 2025-26 end). In 2023-24, it was around ₹11,450, so the orderbook has grown by 28%. And if we are able to grow it to ₹22,000, it will be a huge jump." The company on Monday reported a net profit of ₹292.52 crore, up 3.8% year-on-year. Its total income in 2024-25 was ₹4,045.95 crore.
Time of India
6 days ago
- Business
- Time of India
BEML shares soar 22% in three days as Q4 earnings impress the D-Street
BEML is a public sector undertaking (PSU) that specialises in the manufacturing of heavy equipment for mining, construction, defense, and rail/metro sectors. BEML Ltd shares jumped sharply following impressive Q4 results, with consolidated profit rising 11.9% year-on-year to Rs 287.55 crore. Revenue also increased to Rs 1,656.36 crore. While annual profit saw a marginal rise, revenue experienced a slight decline. Despite a past year decline, recent short-term momentum shows strong gains. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads BEML share price history Shares of state-owned BEML Ltd have rallied 22% over the past three trading sessions, to a high of Rs 4,437.95, hit today, buoyed by its Q4 results that impressed the Street. The mining and heavy equipment manufacturer reported an 11.9% year-on-year rise in consolidated profit to Rs 287.55 crore for the quarter ended March 31, is compared to Rs 256.80 crore in the same quarter last company's revenue for the January–March quarter also saw an uptick, climbing to Rs 1,656.36 crore from Rs 1,518.25 crore a year ago. The market responded positively to this consistent operational performance, propelling the stock sharply the full financial year, BEML posted a marginal rise in profit to Rs 292.52 crore, up from Rs 281.77 crore in FY24. However, annual revenue declined slightly to Rs 4,045.95 crore from Rs 4,096.56 crore in the previous Limited, formerly known as Bharat Earth Movers Limited , is a public sector undertaking (PSU) that specialises in the manufacturing of heavy equipment for mining, construction, defence, and rail/metro the past one year, the stock of BEML has declined by 6.02%. However, on a year-to-date (YTD) basis, it is up 4.87%, and the six-month return stands at 3.19%. The stock has shown strong momentum in the short term, gaining 68.23% over the last three months and 41.68% in the past one month.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
6 days ago
- Business
- Economic Times
BEML shares soar 22% in three days as Q4 earnings impress the D-Street
Shares of state-owned BEML Ltd have rallied 22% over the past three trading sessions, to a high of Rs 4,437.95, hit today, buoyed by its Q4 results that impressed the Street. The mining and heavy equipment manufacturer reported an 11.9% year-on-year rise in consolidated profit to Rs 287.55 crore for the quarter ended March 31, 2025. ADVERTISEMENT This is compared to Rs 256.80 crore in the same quarter last year. The company's revenue for the January–March quarter also saw an uptick, climbing to Rs 1,656.36 crore from Rs 1,518.25 crore a year ago. The market responded positively to this consistent operational performance, propelling the stock sharply higher. For the full financial year, BEML posted a marginal rise in profit to Rs 292.52 crore, up from Rs 281.77 crore in FY24. However, annual revenue declined slightly to Rs 4,045.95 crore from Rs 4,096.56 crore in the previous fiscal. BEML Limited, formerly known as Bharat Earth Movers Limited, is a public sector undertaking (PSU) that specialises in the manufacturing of heavy equipment for mining, construction, defence, and rail/metro sectors. Also read: Olectra Greentech shares tank 13% as Maha gov reportedly cancels big e-bus order ADVERTISEMENT Over the past one year, the stock of BEML has declined by 6.02%. However, on a year-to-date (YTD) basis, it is up 4.87%, and the six-month return stands at 3.19%. The stock has shown strong momentum in the short term, gaining 68.23% over the last three months and 41.68% in the past one month. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
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Business Standard
7 days ago
- Business
- Business Standard
BEML shares zoom 11% in trade after posting healthy Q4 results; Details
BEML share price zoomed 10.8 per cent in trade on Monday, May 26, 2025, logging an intraday high at ₹4,117.70 per share on BSE. The stock extended rally for the second consecutive session after the company released its Q4 results. In two days, the scrip gained nearly 12 per cent. At 12:27 PM, BEML shares were up 10.57 per cent at ₹4,108.55 per share on the BSE. In comparison, the BSE Sensex was up 0.52 per cent at 82,147.91. The market capitalisation of the company stood at ₹17,109.85 crore. The 52-week high of the stock was at ₹5,489.15 per share and the 52-week low of the stock was at ₹2,346.35 per share. BEML Q4 results 2025 The company released its fourth quarter (Q4Fy25) numbers on Friday after market hours. The company's consolidated net profit increased 12 per cent year-on-year (Y-o-Y) to ₹287.55 crore in Q4FY25, from ₹256.8 crore a year ago. The company's revenue rose 9 per cent Y-o-Y to ₹1,652.5 crore, from ₹1,513.6 crore a year ago. Its current order book as of March 31, 2025, stood at ₹1,035 crore and ₹1,564 crore worth of orders were executed during Q4. The company's total inventory for the quarter under review stood at ₹2,379.36 crore as compared to ₹ 2,255.9 crore a year ago. In an exchange filing, BEML disclosed that it has advanced ₹73.76 crore to the MAMC consortium—formed with Coal India Ltd (CIL) and Damodar Valley Corporation (DVC)—for acquiring specified assets of Mining & Allied Machinery Corporation Ltd (MAMC), which is under liquidation. BEML holds a 48 per cent stake in the consortium. About BEML BEML Limited is a multi-technology 'Schedule A' company under the Ministry of Defence, which plays a pivotal role in serving India's core sectors like Defence, Rail, Power, Mining, and Construction. BEML operates in three verticals namely Defence & Aerospace, Mining & Construction, and Rail & Metro and has state-of-the-art manufacturing facilities located at Bangalore, Kolar Gold Fields (KGF), Mysore, Palakkad. BEML has a strong R&D infrastructure.
