BEML Limited has announced the receipt of a significant contract from the Ministry of Defence. The company, a Schedule ‘A’ Public Sector Undertaking under the Ministry of Defence, informed the stock exchanges of this development on April 21, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The contract involves the supply of Trawl Assemblies to the Ministry of Defence. The total value of this order is approximately Rs. 590 crores. BEML has stated that this contract was secured in the normal course of its business operations. The formal communication was signed by Urmi Chaudhury, the Company Secretary & Compliance Officer of BEML Limited, based in Bangalore.

BEML Limited operates across three primary business verticals: Defence & Aerospace, Mining & Construction, and Rail & Metro. In 2025, the company made significant strides in its Rail & Metro segment, securing a prestigious order for 160 Vande Bharat sleeper trainsets and another for 318 cars for the Bangalore Metro. Additionally, BEML achieved its first-ever overseas order for metro rolling stock in 2025, valued at approximately USD 60 million for the African region. The company has also demonstrated a strong commitment to the “Atmanirbhar Bharat” initiative, reaching indigenization levels of over 96% for High Mobility Vehicles and over 90% for most mining equipment as of late 2024 and early 2025.

For the quarter ended December 31, 2025 (Q3 FY 2025-26), BEML Limited reported a total income of Rs. 1087.13 crores. This represented a 23.5% growth compared to Rs. 880.28 crores in the corresponding quarter of the previous year (Q3 FY 2024-25). On a sequential basis, revenue increased by 28.5% from Rs. 846.13 crores in Q2 FY 2025-26. However, the company reported a net loss of Rs. 22.38 crores for the quarter, a sharp decline from the profit of Rs. 24.41 crores in the same period last year. Major institutional investors in the company as of December 2025 include HDFC Asset Management Company, holding 7.12%, and Kotak Mahindra Asset Management Company, holding 4.76%. Other notable investors include Invesco Asset Management and ICICI Prudential Asset Management.