BEML board to consider stock split on July 21


State-owned heavy equipment manufacturer, BEML Ltd, on Friday (July 11) said its board is scheduled to meet on Monday, July 21, 2025, to consider a stock split, a sub-division of its equity shares.

A stock split is generally considered by a company to increase its outstanding shares and also improve trading liquidity by making the stock more affordable to its shareholders.

Last week, BEML Limited said it has secured two separate export orders

with a combined value of approximately $6.23 million. One order is from the Commonwealth of Independent States (CIS) region for the supply of heavy-duty bulldozers. The second is a maiden order from Uzbekistan for the supply of a high-performance motor grader.

Fourth Quarter Results

BEML posted a net profit of ₹287.5 crore for the quarter ended March 31, 2025, marking a 12% increase from ₹257 crore in the same period last year. Revenue rose 9.1% year-on-year to ₹1,652.5 crore, compared to ₹1,514 crore in Q4 FY24, supported by healthy performance across segments.

The company’s EBITDA stood at ₹422.6 crore, up 13.9% from ₹371 crore a year ago, while operating margins improved to 25.57% from 24.5% in the corresponding quarter of the previous fiscal. The healthy margin expansion reflects improved cost controls.

While the board of directors has deferred a decision on the final dividend for FY25, BEML had already declared a second interim dividend of ₹15 per equity share (150%) earlier in May.

BEML, headquartered in Bengaluru, is a key manufacturer of earthmoving, rail, transport, and mining equipment. Shares of BEML Ltd ended at ₹4,425.00, down by ₹178.20, or 3.87%, on the BSE.



Source link

administrator

Leave a Reply

Your email address will not be published. Required fields are marked *