Rs 11,872 Crore Order Book: Defence Engineering Company Secures Rs 246.78 Crore Order for 48 BH60M Rear Dump Trucks from Central Coalfields

The company’s shares have delivered an impressive return over 60 per cent in the past year.

BEML Ltd, a prominent Public Sector Undertaking under the Ministry of Defence, Government of India, has received a significant order worth Rs 246.78 crore from Central Coalfields Limited (CCL). The order includes the supply of 48 advanced BH60M Rear Dump Trucks, along with spares and consumables for a period of 1+4 years, accompanied by comprehensive after-sales service support.

The BH60M Rear Dump Truck is a high-performance vehicle equipped with a powerful Cummins engine that delivers 480 kW (644 FHP) at 2000 rpm, combined with an advanced Allison transmission. Designed to handle the tough demands of mining operations, it boasts a payload capacity of 54,500 kg. The truck features an ergonomically designed cabin for enhanced operator comfort and control, along with Orbitrol full-time power steering and a compact turning radius for exceptional maneuverability.

On Tuesday, the company’s shares closed at around at Rs 3,700 and the current market capitalization stands at Rs 15,408 crore. Additionally, the shares have delivered an impressive return of over 145 per cent in the past 2 years.

As per the Quarterly Results, in the Q2 FY25, BEML Ltd recorded a revenue of Rs 860 crore compared to Rs 917 crore. It reported an operating profit of Rs 73 crore. The net profit stood at Rs 51 crore compared to a loss of Rs 70 crore. Looking at the annual performance, the company generated a revenue of Rs 4054 crore in FY24 compared to Rs 3899 crore. The operating profit for FY24 was Rs 445 crore with a net profit of Rs 282 crore compared to a profit of Rs 158 crore in FY23.

Disclaimer: The article is for informational purposes only and not investment advice.