Defence PSU BEML share price today settled with the gain of 1.47% on Bombay Stock Exchange (BSE) to Rs 3057.95 per share as Sensex plunged 880.34 points to 79,454 amid India-Pakistan tensions. The PSU today recommended 2nd interim dividend of Rs 15 per equity share of Rs 10/- each for the financial year 2024-25. The company fixed May 15, 2025 as the record date for dividend. The company has a market capitalisation of Rs 12,734.68 crore and return on equity is 10.31%. FII/FPI holdings came down from 7.41% to 7.26% in March 2025 quarter. HDFC Small Cap Fund has 7.51% in the PSU with 3,127,809 shares of the firm. The stock delivered shareholders attractive returns of 117.01% in last 2-years and shares plunged 4.37% in last 1-year. Check more details below:
BEML Recommends Interim Dividend
According to the regulatory filing of the PSU dated May 9, 2025, “We wish to inform that the Board of Directors of the Company in its 411th meeting held on 09.05.2025, inter-alia, has declared 2nd Interim Dividend of Rs. 15/- per equity share of Rs.10/- each (i.e. 150% of paid up share capital) for the Financial year 2024-25.”
BEML Sets Record Date For Dividend
The exchange filing added, “In this connection, the Company had fixed the Record date as 15.05.2025 for the payment of the said 2nd interim dividend to the eligible equity shareholders as on the record date.”
BEML Dividend History
The PSU declared 33 dividends since 2003. In last 1-year, BEML Ltd. announced equity dividend of Rs 20.50 per share. At the last trading price of Rs 3057.05 per share, BEML offers a dividend yield of 0.67%.
BEML Ltd Dividend In 2025
Board of Directors of the PSU on Feb 06, 2025 declared an interim dividend of Rs. 5/- per equity share of Rs.10/- each (i.e. 50% of paid up share capital) for the financial year 2024-25. The company fixed March 14, 2025 as the record date.
BEML Shares Performance
The 52-week high price of BEML shares on BSE stood at Rs 5489.15 per share (as on 05/07/2024) and 52-week low price is Rs 2346.35 per share (as on 03/03/2024), respectively. BEML shares witnessed fall 4.51% in last 1-week, soared over 2% in last 1-month, and dived 25.80% in last 1-month. The stock surged 134.65% in last 3-years and gained a massive 549.94% in last 5-years.
How To Be Eligible For BEML Dividend?
Record date remains crucial in fixing eligibility of shareholders for dividend. Shareholders whose names surface in company’s record on the record date will qualify for dividend income. Record date is the date when the company prepares list of shareholders for dividend. In the case of BEML, record date for dividend has been fixed as May 15, 2025.
BEML Q3 Results
It reported a fall of 49.4% in its consolidated net profit to Rs 24.41 crore for Q3FY25 as against Rs 48.20 crore announced in the corresponding quarter of last year. The PSU’s revenue from operations declined by 16.4% YoY to Rs 875.77 crore for the quarter ended December 31, 2024. Total expense slipped 16.1% YoY to Rs 850.70 crore for Q3FY25. The profit before tax recorded at Rs 29.58 crore for the quarter under consideration, indicating a dip of 55.8% as compared to Rs 66.85 crore announced in the similar quarter of last year.
Should You Buy BEML Shares?
Leading brokerage firm Nirmal Bang Institutional Equities has buy on BEML as the analyst feels defence companies are likely to do well. The brokerage firm said the PSU stock is trading at a one-year forward EV/Ebitda of 19.2 times, which is below its 5-year average of 21 times. The analyst suggested a target price of Rs 4,100. Meanwhile, out of a total of 2 analysts tracking the stock, 1 suggested strong buy and another assigned buy call with target price of Rs 3838 per share, according to Trendlyne.
Disclaimer: The stock has been picked from the brokerage report of Nirmal Bang and Trendlyne. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
Recommended: Maharatna Power Finance To Declare Results Soon, Shares Near 52-Week Low; Buy Or Sell?
Leave a Reply