BEML share price: Shares of BEML Limited, ended 1.23% lower on Friday, after seeing sharp surge over the past five trading sessions. The defence PSU reported a 30.5% annual surge in its consolidated net profit during the first quarter of financial year 2026-27.
Despite Friday’s decline, BEML share price ended the week with 7.64% gain. The PSU’s surge in revenue and profit was supported by improved execution, however, higher cost of revenues weighed on profitability, according to ICICI Securities report, which sees up to 39% upside potential in BEML share price.
BEML is transitioning towards a rail and metro-led growth profile. Hence its growth is likely to be supported by a strong order pipeline across metro rolling stock, commuter rail and other railway programmes.
“BEML reported H1FY27 order inflows of ~ ₹7,500 crore and an order book of ₹21,388 crore as of September 2026, providing multi-year revenue visibility, with ₹17,967 crore executable beyond FY27. Management is targeting FY27 order inflows of ₹20,000 crore, with Rail & Metro expected to contribute around 50%,” read the brokerage report.
Gradual stabilisation of the domestic supply chain and improving execution are likely to further support the next leg of growth, highlighted ICICI Securities in its report.