Financial & Valuation Intelligence™
BEML Limited
NSE
BEML
Sector: Capital Goods· Construction VehiclesCurrent Price
₹1,831.7
Market Cap
₹15.95K Cr
AI Financial Summary
BEML Limited shows a stable market position in capital goods, though profitability remains modest relative to its valuation. The company maintains a healthy balance sheet with low leverage, yet operational inefficiencies reflected in high cash conversion cycle days hinder optimal capital efficiency.
Business Performance (CAGR)
10 Years
Revenue
6.4%
PAT
5.9%
EPS
5.9%
Book Value
3.3%
Free Cash Flow
53.4%
Valuation Snapshot
P/E80.6
P/B3.9
EV/EBITDA54.2
P/S3.7
Div Yield0.90%
Financial Health
Debt to Equity0.11
Interest Coverage5.4x
Current Ratio1.23
Cash & Investments₹45 Cr
Profitability Metrics
ROE
4.8%
ROCE
7.6%
ROA
2.0%
EBITDA Mgn
6.9%
Op Margin
5.6%
Net Margin
3.3%
Cash Flow Intelligence
Operating Cash Flow₹118 Cr
Free Cash Flow₹-260 Cr
Cash Conversion83.5%
FCF Margin-6.0%
Intrinsic Value
PremiumEstimated Intrinsic Value
████████
Current Price₹1,831.7
Margin of Safety██.██%
Estimated Intrinsic Value & DCF Fair Value are available with Premium plans.
AI Business Verdict
While BEML exhibits fiscal stability, the current valuation significantly exceeds its intrinsic value and profitability metrics, signaling a need for caution.
- Robust balance sheet with minimal leverage.
- Established presence in the niche construction and defense vehicle sector.
- Consistent, though moderate, long-term revenue growth.
Balance Sheet
AI-Powered Analysis
Balance Sheet Strength™
54/100
Adequate
BEML Limited has an adequate but tight balance sheet — leverage and liquidity warrant monitoring.
AI Confidence
92%
Stability
51
Flexibility
64
Strength Factors
Liquidity60
Leverage92
Working Capital38
Asset Quality14
Shareholder Strength58
Financial Stability51
Financial Flexibility™
64/100
Good
Capacity to fund growth, withstand downturns and return capital.
Total Assets
₹7.14K Cr
▲ 19.0% YoY
Total Liabilities
₹4.20K Cr
▲ 35.1% YoY
Shareholder Equity
₹2.93K Cr
▲ 1.6% YoY
Net Cash Position
₹-264 Cr
Monitor
Debt / Equity
0.11x
Very Low
Enterprise Value
₹16.21K Cr
Capital Structure
Assets
₹7.14K Cr
Equity
₹2.93K Cr (41.1%)
Liabilities
₹4.20K Cr (58.9%)
Debt Intelligence™
Debt vs Cash Trend
Debt / Equity0.11x
Interest Coverage5.4x
Debt / EBITDA2.18x
Net Debt₹264 Cr
Debt Trend (5Y)-6.7%
Debt MaturityWell Staggered
Liquidity Intelligence™
Current Ratio1.23
Quick Ratio0.59
Cash Ratio0.01
Working Capital₹882 Cr
Operating Cash CoverageGood
Short-term LiquidityAdequate
Working Capital Intelligence™
CCC Trend
Receivable Days191
Inventory Days207
Payable DaysNot Available
Cash Conversion Cycle397 days
Asset Quality (% of Total Assets)
Cash & Investments0.5%
Property, Plant & Equip.9.6%
ReceivablesNot Available
InventoryNot Available
GoodwillNot Available
Intangible AssetsNot Available
Other Assets86.2%
Shareholder Strength™
Strength Radar
Book Value CAGR (5Y)3.3%
Net Worth CAGR (5Y)3.3%
Retained EarningsAdequate
Equity Dilution0.00%
Buyback EfficiencyStrong
Dividend Sustain.Strong
Balance Sheet Evolution
Annual
Balance Sheet Risk Monitor
Debt RiskLow
Liquidity RiskElevated
Working Capital RiskHigh
Refinancing RiskLow
Asset Quality RiskHigh
Dilution RiskLow
Contingent LiabilityLow
Overall Balance Sheet RiskElevated
Balance Sheet Stress Test™
Economic Slowdown34
Acquisition Capacity73
High Interest Rates78
Dividend Sustainability61
Revenue Decline62
Cash Flow Resilience59
Expansion Capacity62
Overall Resilience Score
61/100
Adequate Resilience
AI Balance Sheet Commentary
Overall Assessment
- BEML Limited has an adequate but tight balance sheet — leverage and liquidity warrant monitoring.
What Stands Out
- Very low leverage with net cash balance
Areas To Monitor
- Long working capital cycle
- Large 'other assets' bucket — investigate composition
- Slow book value compounding
Financial data based on consolidated numbers and TTM · Source: Company Filings, Annual Report AI Analysis · Data as of: 31/03/2026