|
23 Jun 2025 |
BEML
|
Consensus Share Price Target
|
4639.50 |
4128.50 |
- |
-11.01 |
buy
|
|
|
|
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26 May 2025
|
BEML
|
Prabhudas Lilladhar
|
4639.50
|
4142.00
|
4279.70
(8.41%)
|
Target met |
Hold
|
|
|
Management guided for revenue growth of 20% YoY with 150bps improvement in EBITDA margin in FY26. We revised our FY26/27E EPS by -3.4%/-3.6%, factoring in deferred orders and execution delays. BEML reported a strong quarter, with revenue growing 9.2% YoY and EBITDA margin improving by 110 basis points, supported by better material cost management and increased defence contributions. The FY25 order book stood at Rs140bn, below the guided ~Rs180bn due to delays in...
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|
10 Feb 2025
|
BEML
|
Prabhudas Lilladhar
|
4639.50
|
3561.00
|
3085.25
(50.38%)
|
Target met |
Accumulate
|
|
|
|
|
13 Nov 2024
|
BEML
|
Prabhudas Lilladhar
|
4639.50
|
4332.00
|
3811.55
(21.72%)
|
Target met |
Accumulate
|
|
|
|
|
19 Mar 2024
|
BEML
|
Prabhudas Lilladhar
|
4639.50
|
3345.00
|
2780.30
(66.87%)
|
Target met |
Buy
|
|
|
|
|
27 Jun 2023
|
BEML
|
Prabhudas Lilladhar
|
4639.50
|
|
1573.70
(194.81%)
|
|
Not Rated
|
|
|
|
|
13 Nov 2015
|
BEML
|
Angel Broking
|
4639.50
|
|
1093.30
(324.36%)
|
|
Hold
|
|
|
BEML reported standalone sales of Rs621cr for 2QFY2016, up 37.7% yoy (ahead of our expectation of Rs599cr). At the EBITDA level, the company reported losses of Rs13cr, in-line with our expectation. The impact of losses at EBITDA level was seen at the PAT level too, as the company reported a net loss of Rs30cr, against our loss expectation of Rs12cr. Notably, the quantum of loss has narrowed down on a yoy basis. BEMLs order book as of 2QFY2016 stands at ~Rs6,376cr, which gives revenue visibility for over the next few quarters. Valuation: During the quarter, BEML impressed us by reporting strong execution, mainly seen across the Construction & Mining Equipments segment. Also, BEML has reported a Rs1,771cr of order inflows, across all the 3 business segments. Reported order inflows, emerging bid pipeline, indicate us that BEML should end FY2016E with strong order inflows of Rs2,900cr. A strong awarding environment should lead to improvement in the execution. Accordingly, we expect BEML to report a 19.4% top-line CAGR during FY2015-17E. At the back-drop of improved execution and better absorption of fixed costs, we expect BEML to report a strong 529.2% PAT CAGR during FY2015-17E. On the whole, we are optimistic that the...
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|
03 Aug 2015
|
BEML
|
Karvy
|
4639.50
|
1905.00
|
1549.90
(199.34%)
|
Target met |
Buy
|
|
|
We expect the revenue to grow at a CAGR of 22% during FY15-FY17E and EBITDAto increase at a CAGR of 128% during FY15-FY17E. Accordingly, we also expectRoCE to expand to 13% and 15% during FY16E and FY17E from 4% in FY15 onthe back of higher execution of orders in hand.
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|
02 Mar 2015
|
BEML
|
Ashika Research
|
4639.50
|
1200.00
|
976.15
(375.29%)
|
Target met |
Buy
|
|
|
BEML, is a Miniratna PSU, having business interest in Construction and Mining (C&M;) Equipment, Defence and Railways. Under C&M; equipment, it manufactures a wide range of heavy earthmoving...
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