BEML shares soar over 3% as board recommends final dividend; Check details

Shares of BEML zoomed 3.01% to an intra-day high of ₹4,569 apiece on the National Stock Exchange (NSE) on Friday, June 6, after its board of directors recommended a final dividend of ₹1.20 per share.

The ₹1.2 per equity share final dividend for the 2024-25 financial year has a face value of ₹10 each, which is 12% of its paid-up share capital.

The dividend is subject to shareholder approval at the ensuing annual general meeting. The record date for the same will be determined at the AGM, BEML said in a regulatory filing.

The company had deferred declaring the final dividend while announcing its fourth quarter results on May 23. This is because, around the same time, on May 9, BEML had announced a second interim dividend of ₹15 per share.

BEML March quarter performance

The PSU’s net profit surged 12% year-on-year (YoY) to ₹287.5 crore in the fourth quarter of FY25, as against ₹257 crore in the corresponding period a year earlier.

It clocked revenue from operations at ₹1,652.5 crore in the quarter under review, rising 9.15% YoY from ₹1,514 crore in the March FY24 quarter.

Higher profitability was mainly due to healthy performance across segments and margin expansion due to improved cost controls. The total order book of the company stood at ₹14,610 crore at the end of the March quarter.

BEML stock performance

BEML shares have been in the spotlight, gaining 4.72% during the week and 33.69% in May. Over a period of two months, they rose 37.59%. It further increased by 8.83% on a year-to-date basis.

The stock hit a 52-week low of ₹2,350 on March 3, 2025, and a high of ₹5,488 on July 5, 2024.

BEML has a total market capitalisation of ₹18,429.77 crore, as of June 6, 2025, on the NSE.

At around 12:50 pm, the stock was trading 0.1% lower at ₹4,430.9 apiece.