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BEML Wins $36M Middle East Order, Expands Global Footprint

State-owned BEML Ltd has secured an export order worth $36.38 million from the Middle East for supplying heavy earthmoving equipment for infrastructure projects. This win expands the company's international order book to $106.95 million, strengthening its global presence. The order follows a landmark $60 million contract from Africa in March for metro rolling stock, BEML's first in the metro segment. Despite the order news boosting its stock slightly, the company reported a consolidated loss of Rs 22.38 crore for the December 2025 quarter.

Key Points: BEML Secures $36.38 Million Export Order from Middle East

  • $36.38M Middle East export order
  • International order book hits $106.95M
  • First-ever $60M metro order from Africa
  • Shares trade higher on order news
2 min read

BEML bags $36.38 million export order from Middle East

State-owned BEML Ltd bags a $36.38 million export order for heavy earthmoving equipment, boosting its international order book to over $106 million.

"With this order, BEML's international order book has expanded to $106.95 million - BEML Ltd"

New Delhi, April 13

State-owned BEML Ltd on Monday said it has secured an export order worth $36.38 million from the Middle East for the supply of heavy earthmoving equipment.

In a regulatory filing, the company said the equipment will be deployed for infrastructure development projects in the region.

With this order, BEML's international order book has expanded to $106.95 million (around Rs 996 crore), strengthening its global presence, the company added.

On March 18, the company received a Letter of Intent for an overseas order worth around $60 million from the African region for the design, manufacture, supply, testing, and commissioning of standard gauge metro rolling stock. This marked BEML's first-ever international order in the metro segment.

Following the latest order win, BEML shares traded in the green.

The stock rose nearly 1 per cent to hit an intraday high of Rs 1,635.80 apiece on the NSE before paring gains to close 0.12 per cent higher at Rs 1,623.10.

The stock has declined 12.44 per cent so far this year and is down 46.34 per cent over the past 12 months.

On the financial front, BEML reported a consolidated loss of Rs 22.38 crore for the quarter ended December 2025, compared to a profit of Rs 24.41 crore in the year-ago period.

On a standalone basis, the company posted a loss of Rs 23 crore in Q3FY26, slightly narrower than the Rs 25 crore loss reported in the corresponding period last year.

The company's consolidated income rose to Rs 1,087.13 crore during the quarter from Rs 880.28 crore a year earlier.

However, expenses increased to Rs 1,112.54 crore from Rs 850.70 crore, impacting profitability.

In a separate development in February, the company said that Bipin Kumar Gupta ceased to be an Independent Director on its board with effect from February 10, following the completion of his tenure.

- IANS

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Reader Comments

P
Priya S
Great to see the order book growing, but the financials are worrying. A consolidated loss in Q3 despite higher income? Expenses are rising too fast. The management needs to focus on profitability, not just top-line growth. Shareholders deserve better.
R
Rohit P
First Africa for metro coaches, now Middle East for earthmovers. BEML is slowly but surely making its mark internationally. This diversification is key. However, the stock performance over the last year is a reality check. The market wants to see these orders translate into solid profits.
S
Sarah B
As someone who follows infrastructure stocks, this is positive sentiment-wise. The Middle East order, combined with the African metro LOI, shows capability. But the quarterly loss is a major red flag. Need to see cost control measures in the next earnings call.
V
Vikram M
Bahut badhiya! Our heavy equipment competing globally. Creates jobs here and brings in foreign exchange. Hope the company uses this momentum to turn around the finances. The 46% stock drop in a year is too steep, maybe a buying opportunity if management delivers.
K
Karthik V
Good news, but typical PSU story. Wins orders, stock barely moves. The market has lost patience. Until they show consistent profit and better governance (noting the independent director exit), it will be tough to re-rate. Prove the skeptics wrong, BEML!

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