BEML secures ₹110 crore engine supply order from Ministry of Defence

Defence PSU BEML Ltd on Tuesday (December 16) said it has secured an order from the Ministry of Defence for the supply of engines. The contract value is approximately ₹110 crore.

"...we hereby inform that BEML Limited has bagged an order from the Ministry of Defence for the supply of Engines with a contract value of ₹110 crores approximately," according to a stock exchange filing.

Second Quarter Results

BEML's net profit fell 6% year-on-year (YoY) to ₹48 crore compared with ₹51 crore in the same period last year. Revenue from operations declined 2.4% YoY to ₹839 crore from ₹860 crore, while EBITDA remained flat at ₹73 crore.

Also Read: BEML Q1 Results: Multiple orders cushion stock after another net loss, no revenue growth

The company’s operating margin, however, showed slight improvement at 8.7% versus 8.5% a year ago, indicating stable cost management.

This marks a notable turnaround from the June quarter of FY26, when BEML had reported a net loss of ₹64 crore — marginally higher than the CNBC-TV18 poll estimate of ₹58 crore. In the same quarter last year, the PSU had reported a net loss of ₹70.5 crore.

During the June quarter, BEML’s EBITDA loss stood at ₹49 crore, against an expected ₹45 crore loss and ₹50.1 crore loss a year ago.

Also Read: BEML’s Shantanu Roy reaffirms 20% revenue growth target, sees supply chain issues easing

BEML, a ‘Schedule A’ public sector company under the Ministry of Defence, remains majority-owned by the Government of India, which held a 53.86% stake as of June 30, 2025. Shares of BEML Ltd ended at ₹1,703.00, down by ₹37.40, or 2.15%, on the BSE.