BEML Ltd — Investor Presentation 2025

Jun 10, 2025

==> picture [71 x 14] intentionally omitted <==

==> picture [15 x 15] intentionally omitted <==

==> picture [9 x 18] intentionally omitted <==

==> picture [19 x 14] intentionally omitted <==

==> picture [20 x 14] intentionally omitted <==

==> picture [42 x 13] intentionally omitted <==

==> picture [17 x 13] intentionally omitted <==

==> picture [48 x 16] intentionally omitted <==

==> picture [466 x 53] intentionally omitted <==

Ref: CS/SEs/ 625 10.06.2025

National Stock Exchange of India Ltd. Listing Compliance Department Exchange Plaza, Bandra - Kurla Complex, Bandra (East), MUMBAI – 400 051 Symbol: BEML	The BSE Limited Listing Compliance Department P.J. Towers, 26thFloor, Dalal Street, MUMBAI – 400 001 Scrip Code: 500048

Dear Sir / Madam,

Sub: Analyst / Investor Meet - Reg

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that BEML Limited is participating in an Investor Meet to be hosted by M/s Elara Capital on Monday, 16.06.2025 in Mumbai.

Thanking you,

For BEML Limited

URMI Digitally signed by URMI CHAUDHURY CHAUDHURY Date: 2025.06.10 14:25:19 +05'30'

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

Place: Bengaluru

==> picture [466 x 48] intentionally omitted <==

ಪ��ನಕ��Corporate Office:

’ �ೆ��ೌ�ಧ ’, ೨೩ / ೧ , ೪�ೇಮುಖ�ರ�ೆ� , ಸಂಪಂ��ಾಮನಗರ , �ೆಂಗಳ�ರು - ೫೬೦೦೨೭ . ದೂರ�ಾ�ಸಂ�ೆ� : + ೯೧೮೦೨೨೨೨೩೦೬೫

�ಾ�ಕ��ಂ�ೆ� : + ೯೧೮೦೨೨೧೦೪೦೯೯

BEML Soudha, 23/1, 4th. Main, S R Nagar,Bangalore – 560027,Tel. +91 80 22963142/211, Fax. +91 80 22963142

e-mail:cs@beml.co.in @cmdbeml @BEMLHQ CIN:L35202KA1964GOI001530, GST NO. 29AAACB8433D1ZU

www.bemlindia.in

==> picture [273 x 39] intentionally omitted <==

==> picture [273 x 39] intentionally omitted <==

==> picture [273 x 39] intentionally omitted <==

==> picture [273 x 38] intentionally omitted <==

==> picture [274 x 36] intentionally omitted <==

==> picture [274 x 36] intentionally omitted <==

==> picture [274 x 36] intentionally omitted <==

BEML Ltd INVEStORS MEEt 16.06.2025

==> picture [72 x 75] intentionally omitted <==

==> picture [274 x 17] intentionally omitted <==

==> picture [273 x 152] intentionally omitted <==

DISCLAIMER

==> picture [74 x 56] intentionally omitted <==

Statements in this presentation describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/or other incidental factors.

2

ABOUT BEML LIMITED

==> picture [73 x 56] intentionally omitted <==

==> picture [736 x 383] intentionally omitted <==

----- Start of picture text -----

Business Verticals & their
Contributions
11 [th] MAY, 1964
Defence & Aerospace
Schedule ‘A’ Company
(27%)
Public Sector Undertaking
Min. of Defence, Govt. of India.
EQUITY SHARE
Mining & Construction
(54%)
46% 54%
Rail & Metro
(19%)
----- End of picture text -----

PRESENT ORGANISATION STRUCTURE

==> picture [74 x 56] intentionally omitted <==

==> picture [749 x 303] intentionally omitted <==

----- Start of picture text -----

BUSINESS VERTICALS
Mining &
Research & Rail & Metro International
Defence Business Construction
Development Business Business
Business
International
Armoured Mining Commuter Rail Business
CorporateTechnology Division
Planning & Alliance
Management
High Mobility
Construction Metro Rail
Vehicle
Futuristic product
Innovation &
Incubation centre
Sustenance
Engines Sustenance
Rail & Metro
Design & Maritime
Hydraulics &
Development
Aerospace
Special
Powerline
Economic Zone
STRATEGIC BUSINESS UNITS (SBUs)
----- End of picture text -----

Total: SBUs – 12 | Micro SBUs - 2

4

==> picture [89 x 59] intentionally omitted <==

==> picture [88 x 59] intentionally omitted <==

JOURNEY SO FAR

==> picture [89 x 59] intentionally omitted <==

==> picture [89 x 59] intentionally omitted <==

==> picture [95 x 59] intentionally omitted <==

==> picture [74 x 56] intentionally omitted <==

==> picture [94 x 59] intentionally omitted <==

==> picture [781 x 314] intentionally omitted <==

----- Start of picture text -----

Earth Moving India’s biggest
Equipment BMP Transmission Metro Cars Mining equipment Driverless Metro Rail Grinding Machine
1 9 6 4 1 9 6 7 1 9 8 6 1 9 8 7 2 0 0 0 2 0 0 3 2 0 1 4 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4
High Mobility Armoured Missiles
Rail Coaches Vehicles Recovery Vehicles Aggregates and Introduction of AI UAV – Initial Trial 1500 hp Engine for
Airborne structures in equipment completed Main Battle Tanks
5
----- End of picture text -----

PAN INDIA - NETWORK

==> picture [590 x 387] intentionally omitted <==

----- Start of picture text -----

ZONAL OFFICES - 3
Map not to scale MANUFACTURING COMPLEXES - 4
LEH
DISTRICT OFFICES - 16
JAMMU REGIONAL OFFICES - 12
ACTIVITY CENTRES - 6
NEW DELHI
LIKABAI
ITANAGAR
GUWAHATI
SINGRAULI
UDAIPUR
DHANBAD
MAIHAR ASANSOL
BHOPAL BHILAI RANCHI KOLKATA
AHMEDABAD BILASPUR EAST ZONE
NORTH & WEST ZONE SAMBALPUR
NAGPUR
BAHCHELI
CHANDRAPUR BHUBANESWAR
BENGALURU MUMBAI RAMAGUNDAM KOLAR GOLD FIELDS (KGF)
PUNE KOTHAGUNDAM
HYDERABAD VISHAKAPATNAM
HOSPET SOUTH ZONE
PANJIM
MYSURU PALAKKAD
BENGALURU
CHENNAI
NEYVELI
KOCHI
----- End of picture text -----

==> picture [74 x 56] intentionally omitted <==

6

==> picture [766 x 417] intentionally omitted <==

----- Start of picture text -----

INHOUSE DEVELOPED PRODUCTS
1500hp Engine for Medium Bullet Mechanical Mine Field Self Propelled Mine Command Post
Battle Tanks Proof vehicle Marking Equipment Burrier Vehicle
PMS Bridge Sarvatra Bridge TRAWL for Aircraft Towing Armoured Repair &
System System Battle Tanks Tractor Recovery Vehicle
----- End of picture text -----

INHOUSE DEVELOPED PRODUCTS

==> picture [402 x 147] intentionally omitted <==

==> picture [189 x 118] intentionally omitted <==

Vande Bharat Sleeper Trains

Electric Multiple Units

Metro Cars

==> picture [74 x 49] intentionally omitted <==

==> picture [169 x 146] intentionally omitted <==

Utility Vehicles

==> picture [143 x 146] intentionally omitted <==

Bull Dozers

==> picture [144 x 147] intentionally omitted <==

----- Start of picture text -----

C
----- End of picture text -----

Dump Trucks

==> picture [143 x 146] intentionally omitted <==

Motor Graders

==> picture [144 x 146] intentionally omitted <==

Rope Shovel

MAJOR ACCOMPLISHMENTS

Integration of Light Alloy Structures – LVM3

Manufacturing of Akash & QRSAM Motor Casing

==> picture [35 x 227] intentionally omitted <==

9150 BEML High Mobility Vehicles

Nodal Agency for Ground Handling & Ground Support Equipment - LCA Mk2

350 Armoured Recovery Vehicles

Integration of Su-30 Sub Assemblies

3560 Trailers / Military Wagons

6 sets (330 Nos.) Pontoon Bridge Systems 1500 hp Engine for Main Battle Tanks

Defence

18000 Rail Coaches and 900 EMUs

2000 Metro Cars 33500 Mining & Construction Equipment 28700 Engines (76HP – 700HP)

860 Track Width Mine Ploughs

02 Armoured Recovery & Repair Vehicles

Rs 7200 Crores to 72 Countries

==> picture [74 x 56] intentionally omitted <==

==> picture [35 x 128] intentionally omitted <==

Aerospace

Rail & Metro

Mining & Construction Exports

MAJOR ACHIEVEMENTS DURING 2024-25

==> picture [74 x 56] intentionally omitted <==

• Highest ever order book of Rs. 14610 Crore

• Highest ever profit before tax (PBT) of Rs. 405.43 Crore

• Designed & Developed High Mobility Vehicle HMV12x12 for Strategic Weapon Systems

• Designed and Developed and fielded for NCNC trial

• Self propelled Mine Burrier (SPMB) and obtained clearance

• First of its kind Air cooled Engine based Rigid Axle HMV for Towing Artillery Guns.

• Design & Developed HMV 6x6 with armored cabin for Mounted Gun System

• 1500 hp Engine program entered next phase of development with 1[st] engine sent to UK for Mechanical & Combustion development

• Supplied 1[st] Vande Bharat Sleeper Trains and completed trials successfully

• Secured order for Design & Development and Supply of Metro Trains for Bangalore Metro & Chennai Metro

• Secured order for Design & Development and Supply High Speed Train for Indian Railways

==> picture [784 x 431] intentionally omitted <==

----- Start of picture text -----

Middle East
Africa No. of Equipment: 453
No. of Equipment: 409 No. of Countries : 11
Latin America
No. of Countries : 26
GLOBAL MARKET No. of Equipment: 71
No. of Countries : 04
Europe
No. of Equipment: 68
North America No. of Countries : 12
SAARC
No. of Equipment: 02
No. of Equipment: 213
No. of Countries : 02
No. of Countries : 05
Exported
1300 + Equipment to 71 countries
Asian
Defence : No. of Equipment: 102
Israel, Suriname, Honduras & Bhutan No. of Countries : 11
Railway :
Sri Lanka & Bangladesh
Mining & Construction :
Across the Globe
Export Turnover (Incl. Deemed) in ₹ Cr.
2020-21 2021-22 2022-23 2023-24 2024-25
463 565 830 1066 299 11
----- End of picture text -----

SHARE HOLDING PATTERN

==> picture [74 x 56] intentionally omitted <==

==> picture [260 x 233] intentionally omitted <==

----- Start of picture text -----

54%
46%
----- End of picture text -----

GoI Others

Category	As on 31.03.2025	As on 31.03.2024
Government of India	54.03%	54.03%
Mutual Funds	17.50%	16.34%
Resident Individuals	17.49%	14.98%
Foreign Portfolio - CORP	7.27%	9.51%
Bodies Corporates	0.91%	1.44%
Qualified Institutional Buyer	1.09%	1.26%
Non-Resident Indians	0.49%	0.66%
H U F	0.55%	0.59%
Alternative Investment Fund	0.09%	0.19%
Trusts	0.01%	0.06%
Non Resident Indian Non Repatriable	0.38%	0.34%
IEPF	0.19%	0.18%
ClearingMembers	0.00%	0.42%
Total	100.00%	100.00%

12

KEY HIGHLIGHTS 13 PARTICULARS Units 2020-21 2021-22 2022-23 2023-24 2024-25 Market Capitalization Rs. Crs 5228 7566 5235 13255 13410 Share Price(as on endperiod) Rs. 1255 1817 1257 3183 3219 Net Worth Rs. Crs 2224 2307 2395 2643 2854 Working Capital Rs. Crs 2774 2822 2480 2773 3094 Manpower No 6053 5573 5197 4888 4761 Gross Margin(EBITDA) % 5.63 7.40 9.97 11.98 13.20 R&D Exp Rs. Crs 133 103 75 87 101 R&D Exp as % of Sales % 3.69 2.37 1.92 2.15 2.50 Sales from R&D Developedproducts % 69 88 76 87 87 Sales on Competition Mode % 74 71 73 76 73 Outsourcing as % of VOP % 49 51 48 50 51 Procurement from MSME to total domesticprocurement % 30 32 32 31 31 CSR as % of Average 3 Years PBT % 4 7 4 3 2 Green Energy for Captive Consumption % 94 85 91 98 75

==> picture [609 x 404] intentionally omitted <==

----- Start of picture text -----

REVENUE FROM OPERATIONS
₹ Crs.
4500
4054
4022
3899
4000
760
3500 19%
1059
1551
3000 27% 38%
1083
27%
2500
908
763
2000 23% 19%
1500
1000 2179 54%
1932
1740
50% 43%
500
0
2022-23 2023-24 2024-25
M&C DEF R&M
----- End of picture text -----

==> picture [74 x 56] intentionally omitted <==

14

==> picture [626 x 401] intentionally omitted <==

----- Start of picture text -----

VALUE OF PRODUCTION
₹ Crs.
4500
4056
3905
4000
3802
3500 798
1440 20%
1165
35%
3000 31%
1049
2500
27%
797
856
21%
2000 21%
1500
1000 2057
1840 1760
48% 43% 53%
500
0
2022-23 2023-24 2024-25
M&C DEF R&M
----- End of picture text -----

==> picture [74 x 56] intentionally omitted <==

15

==> picture [604 x 392] intentionally omitted <==

----- Start of picture text -----

ORDER BOOK
₹ Crs.
16000
14610
14000
11872
12000
10000
8570
8000
6000
4000
2000
0
2022-23 2023-24 2024-25
----- End of picture text -----

==> picture [74 x 56] intentionally omitted <==

16

==> picture [73 x 56] intentionally omitted <==

GROSS MARGIN

PAT

==> picture [734 x 260] intentionally omitted <==

----- Start of picture text -----

600 350
531
294
486 300 283
500
9%
4%
400 389 25% 250 78%
200
300 159
150
200
100
100
50
0 0
2022-23 2023-24 2024-25 2022-23 2023-24 2024-25
₹ Crs.
₹ Crs.
----- End of picture text -----

17

==> picture [74 x 56] intentionally omitted <==

MATERIAL CONSUMPTION (as % of VOP)

MANPOWER

==> picture [737 x 260] intentionally omitted <==

----- Start of picture text -----

56
55
5300
55
5197
55 5200
54 5100
54 5000
53
4888
53
4900
4%
6%
53
52 4800 4761
52 3%
2% 4700
52
4600
51
4500
51
2022-23 2023-24 2024-25
2022-23 2023-24 2024-25
----- End of picture text -----

18

==> picture [74 x 56] intentionally omitted <==

==> picture [743 x 291] intentionally omitted <==

----- Start of picture text -----

COLLECTION DEBTORS
6000 1800 1696
4768 1439
5000 4656 1500
4548
1237
4000 1200
3000 900
2000 600
1000 300
0 0
2022-23 2023-24 2024-25 2022-23 2023-24 2024-25
₹ Crs.
₹ Crs.
----- End of picture text -----

19

==> picture [679 x 205] intentionally omitted <==

----- Start of picture text -----

INVENTORY EMPLOYEE COST
2500 2256 2379 845
840
2061
840
2000
835
1500 830
826
825 822
1000
820
500
815
0 810
2022-23 2023-24 2024-25 2022-23 2023-24 2024-25
. .
Crs Crs
₹ ₹
----- End of picture text -----

==> picture [74 x 56] intentionally omitted <==

FINANCE COST

==> picture [325 x 181] intentionally omitted <==

----- Start of picture text -----

60 54
50 46
39
40
30
20
10
0
2022-23 2023-24 2024-25
.
Crs
₹
----- End of picture text -----

20

==> picture [74 x 56] intentionally omitted <==

Bangalore Complex

==> picture [250 x 141] intentionally omitted <==

----- Start of picture text -----

Truck Division, Mysuru
----- End of picture text -----

==> picture [250 x 152] intentionally omitted <==

----- Start of picture text -----

Palakkad Complex
----- End of picture text -----

Earth Moving Division, KGF

==> picture [292 x 85] intentionally omitted <==

----- Start of picture text -----

ध�वाद
----- End of picture text -----

Engine Division, Mysuru

==> picture [275 x 153] intentionally omitted <==

----- Start of picture text -----

R&D Centre, KGF
----- End of picture text -----

21