BEML Ltd — Investor Presentation 2025

Jun 16, 2025

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Ref: CS/SE/627

Date: 16.06.2025

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: Presentation & Audio recording of Analysts / Investors meet - under Regulation 30 of SEBI (LODR) Regulations 2015 – Reg.

Ref: Our letter CS/SEs/ 625 dated 10.06.2025.

Please find enclosed herewith a copy of Presentation made at the Investors Analyst Meet hosted by Elara Capital on Monday, the 16th June, 2025 from 09:30 Hours, at Mumbai.

Please find below the link of audio recordings of the discussion held at the above-mentioned meeting:

https://www.bemlindia.in/investors/

Thanking you. Yours faithfully For BEML LIMITED

Digitally signed by URMI URMI CHAUDHURY CHAUDHURY Date: 2025.06.16 17:30:30 +05'30'

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

Place: Bengaluru

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ಪ��ನಕ��Corporate Office:

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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

Investors Meet 16.06.2025

BEML Limited Schedule “A” Company, Under ministry of Defence

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Mining • Construction • H&P • Rail & Metro • Aerospace • Armored • Engines • HMV • Sustenance

MINING • CONSTRUCTION

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

About BEML limited Business verticals & contribution

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Defence & Aerospace
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Rail & Metro
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Mining & Construction
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Schedule ‘A’ Company Public Sector Undertaking Ministry of Defence, Govt. of India.

Established on 11th May, 1964

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Equity share
46% 54%
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Defence & Mining & Rail & Aerospace Construction Metro 27[%] 54[%] 19[%] of Sales of Sales of Sales

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Organization Structure Business Verticals
Rail & Metro Business
Research & Development Commuter Rail Metro Rail
Sustenance Rail & Metro
Central Research
Design &
Facility
Development
STRATEGIC
BUSINES S International Business
Corporate Technology Futuristic product
Planning & Alliance Innovation & UNITS
Management Incubation centre International Business Division
(SBUs)
Defence Business
Mining & Construction Business
Armoured High Mobility Vehicle Engines
Mining
Maritime Hydraulics & Powerline
Sustenance
Aerospace
Construction
Special Economic Zone
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Total: SBUs – 12 | Micro SBUs - 2

History of BEML Limited

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Earth Moving Equipment BMP Transmission Metro Cars India’s biggest Mining equipment Driverless Metro Rail Grinding Machine HMV 12 X 12
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 2 0 2 5
Rail Coaches High Mobility Vehicles Armoured Recovery Vehicles Aggregates and Missiles Introduction of AI features in Vehicle – Initial Trial Unmanned Aerial 1500 hp Engine for Main Battle Tanks
Airborne structures equipment completed
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BEML:Pan-India Presence Acrossthe Nation

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B EN GA LU R U
LEH KO L A R GO L D F I E L D S ( KGF )
JAMMU
6 S E A P OR T OF F I C E L O C AT I ON NEW DELHI
SILAPATHAR
ITANAGAR
4 MA N U FA C T U R I N G C O MP L E X E S JODHPUR GUWAHATI
SINGRAULI
UDAIPUR DHANBAD
3 Z O N A L O F F I C E S MAIHAR ASANSOL
BHOPAL BHILAI RANCHI KOLKATA
AHMEDABAD BILASPUR
12 R E G I O N A L O F F I C E S NAGPUR SAMBALPUR
BAHCHELI
CHANDRAPUR BHUBANESWAR
16 D I S T R I C T O F F I C E S MUMBAI RAMAGUNDAM
PUNE KOTHAGUNDAM
2 D E F EN C E S PA R E S D I V I S I O N
HYDERABAD VISHAKAPATNAM
HOSPET
7 A C T I VI T Y C E N T R E S
PAL AK K A D
MY S U R U BENGALURU CHENNAI
NEYVELI
KOCHI
MADURAI
Map Not To Scale
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6

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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
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INHOUSE DEVELOPED PRODUCTS

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Vande Bharat Sleeper Trains

Electric Multiple Units

Metro Cars

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C
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Motor Graders

Dump Trucks

Bull Dozers

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Utility Vehicles Rope Shovel

Aerospace

Major ACCOMPLISHMENTS

Nodal Agency for Ground Handling & Integration of Light Alloy Ground Support Equipment - LCA Structures – LVM3 Mk2 Defence Manufacturing of Akash & Integration of Su-30 Sub 9350 BEML High Mobility Vehicles QRSAM Motor Casing Assemblies Armoured Recovery 350 Vehicles Rail & Metro Mining & Construction 3700 Trailers / Military Wagons Mining & Construction 18000 33830 330 Nos. Pontoon Equipment 6 Sets Rail Coaches & 900 EMUs Bridge Systems 29100 Engines (76HP – 700HP) Engine for Main Battle 1500 hp 2099 Tanks Metro Cars 1000 Track Width Mine Ploughs Export Vande Bharat Sleeper version Equipment to Armoured Recovery & 2 Nos. Trains 1400+ 72 Countries Repair Vehicles

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• 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

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BEML 1400+ 72
TO
Global Reach
Exported EQUIPMENTS COUNTRIES
WE ST ERN EASTE RN
HEM IS PHERE HEM IS PHERE
Europe CIS
37 09 41 03
NorthAmerica
SAARC
02 02 213 05
LatinAmerica Asian
71 04 105 11
MiddleEast
Africa
453 11
484 27
# No. of Equipment # No. of Countries
Defence products exported to Israel, Mining&Construction products exported Railway products exportedto
Sri Lanka,Bhutan,Suriname &Honduras Across theGlobe SriLanka & Bangladesh
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54% 46% 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

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 end period)		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 Developed products		%	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 domestic procurement		%	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

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REVENUE FROM OPERATIONS
₹ Crs.
4500
3899 4054 4022
4000
760
3500 19%
1059
1551
38%
27%
3000
1083
27%
2500
908
23% 763 19%
2000
1500
1000 2179 54%
1932
50% 1740 43%
500
0
2022-23 2023-24 2024-25
M&C DEF R&M
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14

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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
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15

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ORDER BOOK
₹ Crs.
16000
14610
14000
11872
12000
10000
8570
8000
6000
4000
2000
0
2022-23 2023-24 2024-25
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16

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GROSS MARGIN PAT
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.
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17

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MATERIAL CONSUMPTION

MANPOWER

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56
55
5300
55
5197
55 5200
54 5100
54 5000
53
4888
53
4900
4%
6%
53
4761
52 4800
52 3%
2% 4700
52
4600
51
4500
51
2022-23 2023-24 2024-25
2022-23 2023-24 2024-25
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18

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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.
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INVENTORY EMPLOYEE COST
2500 2256 2379
2061 855
2000
840
1500 840
1000 826
822
825
500
0
810
2022-23 2023-24 2024-25
2022-23 2023-24 2024-25
. .
Crs Crs
₹ ₹
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FINANCE COST
60 54
46
50
39
40
30
20
10
0
2022-23 2023-24 2024-25
.
Crs
₹
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20

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Bangalore Complex
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Truck Division, Mysuru
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Palakkad Complex
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Earth Moving Division, KGF
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Engine Division, Mysuru
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R&D Centre, KGF
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