BEML Ltd — Interim / Quarterly Report 2026

Feb 6, 2026

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Ref: CS/SE/2025-26/735 06.02.2026

	National Stock Exchange of India Ltd.Listing Compliance Department	The BSE LimitedListing Compliance Department th
	Exchange Plaza, Bandra - Kurla Complex,Bandra (East),	P.J. Towers, 26Floor,Dalal Street,
	MUMBAI - 400 051Symbol: BEML	MUMBAI - 400 001Scrip code: 500048
	ar Sir / Madam,
	b: Outcome of the Board Meeting and declaration of Interim Dividend

Dear Sir / Madam,

Sub: Outcome of the Board Meeting and declaration of Interim Dividend

Ref: our letter no. CS/SE/2025-26/732 dated 30.01.2026.

our letter no. CS/SEs/ID/BM/734 dated 04-02-2026

We are enclosing herewith statement of Standalone and Consolidated Unaudited Financial Results along with Limited Review Report for the Third quarter ended 31.12.2025 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results have been considered and approved by the Board at its 418th meeting, held on 06.02.2025. Arrangements have also been made to publish the extract of the results in a national daily (English) and local daily (Kannada) newspapers.

We also wish to inform that the Board of Directors have declared an interim dividend of Rs. 2.50/per share (i.e. 50% of paid up share capital) for the financial year 2025-26.

The Company had fixed the Record date as 13.02.2026 for payment of said interim dividend to the eligible equity shareholders as on the record date.

The Meeting of the Board of Directors commenced at 11:00 hours and concluded at 14:05 hours.

Yours faithfully,

For BEML LIMITED

URMI Digitally signed by URMI CHAUDHURY CHAUDHURY Date: 2026.02.06 14:08:48 +05'30'

Urmi Chaudhury Company Secretary & Compliance Officer ICSI Mem No.: 29400

Place: Bengaluru

ಪ್ರಧಾನಕಚೇರಿCorporate Office:

’ ಬೆಮೆಲ್ಸೌಧ ’, ೨೩ / ೧ , ೪ನೇಮುಖ್ಯರಸ್ತೆ , ಸಂಪಂಗಿರಾಮನಗರ , ಬೆಗಳೂರು - ೫೬೦೦೨೭ . ದೂರ ವ ಾಣಿಸಂಖ್ಯ : + ೯೧೮೦೨೨೨೨೩೦೬೫ ಫ್ಯಯಕ್ಸೌೌೆಂಖ್ಯ : + ೯೧೮೦೨೨೧೦೪೦೯೯

BEML Soudha, 23/1, 4th. Main, S R Nagar,Bangalore – 560027,Tel. +91 80 22963142/211, Fax. +91 80 22963142 cs@beml.co.in @cmdbeml BEML LTD.

CIN: L35202KA1964GOI001530, GST NO. 29AAACB8433D1ZU, www.bemlindia.in

G Natesan & Co . Offices: Chennai, Kumbakonam, Kochi, Tanjore,

CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad

LIMITED REVIEW REPORT

Independent Auditors’ Limited Review Report on Unaudited Standalone Financial Results of BEML Limited for the Quarter and Nine months ended December 31, 2025 pursuant to the Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to

The Board of Directors,

BEML Limited, Bengaluru.

1. We have reviewed the accompanying statement of unaudited standalone financial results (the Statement) of BEML Limited (the Company) for the quarter and Nine months ended December 31, 2025 being submitted by the company pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations).

2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (Ind AS 34), prescribed under section 133 of the Companies Act, 2013 (the Act), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to issue a report on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE 2410) "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. A Review of interim financial information consists of making inquiries, primarily of the company’s personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially lesser in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

4. Based on our review conducted as stated in para 3 above, nothing has come to our

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www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004

G Natesan & Co . Offices: Chennai, Kumbakonam, Kochi, Tanjore,

CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad

attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian accounting standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

5. Emphasis of Matter paragraph:

• a. We draw attention to Note No.5 to the statement regarding the company’s outlay on the MAMC Consortium and related advance to MAMC Industries Ltd.

Our opinion is not modified in respect of the matters stated in Para 5 above

For G. Natesan & Co

Chartered Accountants

FRN 002424S

SAJITH Digitally signed by SAJITH OOMMEN OOMMEN PADIKAMANIL PADIKAMANIL

CA Sajith Oommen P Partner

M.No.238804

UDIN: 26238804LZTGZE3534

06.02.2026, Bengaluru

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www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004

G Natesan & Co . Offices: Chennai, Kumbakonam, Kochi, Tanjore,

CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad

LIMITED REVIEW REPORT

Independent Auditors’ Limited Review Report on Unaudited Consolidated Financial Results of BEML Limited for the Quarter and Nine months ended December 31, 2025 pursuant to the Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

To

The Board of Directors

BEML Limited, Bengaluru.

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results (the Statement) of BEML Limited (the Parent) and its Subsidiaries (the Parent and its subsidiaries together referred to as the Group) for the quarter and Nine months ended December 31, 2025, being submitted by the Parent pursuant to the requirement of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (as amended) and the relevant circulars issued by SEBI from time to time.

2. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013, read with rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on these consolidated financial results based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE 2410) “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information is limited to making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially lesser in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain such assurance, that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

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www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004

G Natesan & Co . Offices: Chennai, Kumbakonam, Kochi, Tanjore,

CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad

1. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

2. The Statement includes the results of the following entities:

Parent:

1. BEML Ltd.

Subsidiaries:

1. Vignyan Industries Ltd (under Liquidation)

2. MAMC Industries Ltd

3. Based on our review conducted and procedures performed as stated in paragraph 3 and based on the consideration of the review reports of the other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

4. We did not review the interim financial information of the two subsidiaries included in the unaudited consolidated financial results, whose interim financial information reflects total assets of Rs. 3973 lakhs as at December 31, 2025, total revenue of Rs. 177 lakhs for the quarter and Nine months Year ended December 31, 2025 and a total loss of Rs. 665 lakhs for the quarter and Nine months ended December 31, 2025, as considered in the Statement.

This interim financial information has been reviewed by other auditors whose reports have been furnished to us and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

8. Emphasis of Matter paragraph:

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www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004

G Natesan & Co . Offices: Chennai, Kumbakonam, Kochi, Tanjore,

CHARTERED ACCOUNTANTS Salem, Trichy, Bengaluru, & Hyderabad

a. We draw your attention to Note No. 5 accompanying the Statement regarding the parent’s outlay on the MAMC Consortium and related advance to MAMC Industries Ltd. Our opinion is not modified in respect of the matters stated in Para 6 and 8 above

For G. Natesan & Co

Chartered Accountants

FRN 002424S

SAJITH Digitally signed by OOMMEN SAJITH OOMMEN PADIKAMANIL PADIKAMANIL

CA Sajith Oommen P

Partner

M.No. 238804

UDIN: 26238804DYATJB6663

06.02.2026, Bengaluru.

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www.gnatesanandco.com hognc@gnatesanandco.com 94431 28378 No 40/18, II Floor, Oliver Road, 94430 70401 Mylapore, Chennai – 600 004