BEML Limited
TypePublic
NSE: BEML
BSE: 500048
IndustryHeavy equipment
Defence
Railway vehicles
FoundedMay 1964 (May 1964)
Headquarters
BEML Soudha,
No 23/1, IV Main, Sampangiramanagar,
Bangalore, Karnataka
,
India
Area served
Worldwide
Key people
Amit Banerjee (Chairman & MD)[1]
ProductsEarthmoving equipment
Underground mining equipment
Railway equipment
High power diesel engines
Heavy duty hydraulic aggregates
RevenueDecrease ₹3,077.37 crore (US$390 million) (2020)[2]
Increase ₹153.20 crore (US$19 million) (2020)[2]
Increase ₹68.38 crore (US$8.6 million) (2020)[2]
Total assetsIncrease ₹5,066.71 crore (US$630 million) (2020)[2]
Total equityIncrease ₹2,257.15 crore (US$280 million) (2020)[2]
OwnerGovernment of India (54.03%)[3]
Number of employees
5,573 (FY 2021-22)
SubsidiariesMAMC Industries
BEML Skybus[4]
Websitewww.bemlindia.in

BEML Limited, formerly Bharat Earth Movers Limited, is an Indian public sector undertaking which manufactures a variety of heavy equipment, such as that used for earth moving, railways, transport and mining. It is headquartered in Bangalore. BEML is Asia's second-largest manufacturer of earth moving equipment.[5] Its stock trades on the National Stock Exchange of India under the symbol "BEML", and on the Bombay Stock Exchange under the code "500048".[6]

History

BEML incorporated in 11th May 1964, with the help of the Soviet Union.[7] It was wholly owned by the government and operated by India's Ministry of Defence until 1992, when the government divested 25% of its holdings in the company. The company went for Follow-on Public offer (FPO) and fixed the price band for its FPO between ₹1,020 and ₹1,090.[8] The Government of India had given 'in-principle' approval for strategic disinvestment of BEML Ltd. to the extent of 26% out of the Government shareholding of 54.03% with transfer of management control to strategic buyer.[9]

Manufacturing facilities

BEML has manufacturing plants in Kolar Gold Fields, Bangalore, Mysore and Palakkad. It has numerous regional offices throughout the country. KGF unit is the main unit accounting for the manufacture and assembly of a wide array of earth-moving equipment such as bulldozers and excavators. Railcoaches are made in the Bengaluru complex, and the Mysore facility makes dump trucks and engines of various capacity. On 10 August 2020, Defence Minister Rajnath Singh inaugurated the industrial design centre (IDC) at BEML Bengaluru, aiming to integrate research and development with manufacturing.[10]

Products

BEML manufactures a wide range of products to meet the needs of mining, construction, power, irrigation, fertiliser, cement, steel and rail sectors. The earthmoving equipment includes bulldozers, dump trucks, hydraulic excavators, wheel loaders, rope shovels, walking draglines, motor graders and scrapers.

BEML has recently introduced road headers and slide discharge Loaders for underground mining applications. Railway products include integral railcoaches, electric multiple units, rail buses, track-laying equipment and overhead equipment inspection Cars. BEML manufactures heavy-duty trucks and trailers and hydraulic aggregates for the transportation sector.

The company also manufactures high power diesel engines and heavy duty hydraulic aggregates to meet specific customer requirements. The company plans to diversify into varied activities including underground mining equipment, underground storage for petro-products, leasing and financial services and joint ventures abroad.

Mining & Construction equipment

BEML is India's leading mining & construction equipment manufacturer and Asia's second largest equipment company, BEML offers diverse range of mining machinery for both opencast and underground mining.

BEML manufactures machines such as Hydraulic Excavators, Bulldozers, Wheel loaders, Dump Trucks, Motor Grades, Pipe Layers, Tyre handler, Backhoe Loaders, Electric Shovels, Load Haul Dumpers etc.

Defense & Aerospace

DRDO Sarvatra Bridge System produced by BEML

BEML plays a key role in the country's Integrated Guided Missile Development Project by supplying ground support vehicle. A new Aerospace division was launched during Aero India 2009.The division manufactures Ground support equipment such as Aircraft Towing Tractor, Aircraft Weapon Loading Trolley, Multi-purpose Weapon Loaders and Crash Fire Tender.

Railways/Metro rolling stock

BEML ATO rolling stock for Kolkata Metro Line 2[11]
BEML SSEMU
BEML rolling stock for Mumbai Metro Yellow Line

BEML Limited's Rail Coach Factory situated in Bangalore, India is the first all steel integrated rail coach factory established by Government of India during 1948. This factory was established to indigenously manufacture the passenger rail coach for Indian Railways.[12]

BEML manufactures rolling stock for Indian Railways as well as for metros since 1980's.[13] BEML has supplied more than 200 coaches to DMRC and has an order of 150 coaches from Bengaluru Metro. BEML has independently supplied about 140 cars to DMRC using transfer of technology from Hyundai ROTEM. Jaipur Metro has also ordered to manufacture, supply, test and commission 10 train sets of four cars each, totaling 40 cars to the Jaipur Metro Project.

BEML Limited has bagged a contract from the Railway Board for design, manufacturing, supply, testing and commissioning of rakes of some stainless steel AC Electrical Multiple Unit (SSEMU) coaches worth Rs 31 crore.[14]

BEML has started supplying metro train sets to the East West corridor of Kolkata Metro (KMRCL). Present order in hands from KMRCL is for 14 train sets of six cars each.

BEML receives letter of acceptance (LoA) for design, manufacture and commissioning of 10 Trainsets (Sleeper) on Vande Bharat platform. The total value of order is Rs 675 crore.[15]

BEML is one of the leading manufacturers of rail and metro coaches. Metro systems using BEML rolling stock are:

Infrastructure

Electric dump truck

BEML operates in three major business verticals associated with equipment manufacturing:

  • Mining & Construction
  • Defence & Aerospace
  • Rail & Metro

In addition to the above, there are strategic business units (SBUs):

  • Trading Division for dealing in non-company products
  • International Business Division for export activities
  • Aerospace Division for design services for the aviation sector

BEML has the following manufacturing units spread over four locations:

  • Kolar Gold Fields (KGF) Complex (around 100 km from Bengaluru)
    • Hubli Earth Moving Division
    • Rail Coach Unit II
    • Heavy Fabrication Unit
    • Hydraulic & Powerline Division
  • Mysore Complex (around 130 km from Bengaluru)
    • Truck Division
    • Engine Division
    • Aerospace Manufacturing Division
  • Bengaluru Complex - Rail & Metro Division
  • Palakkad Complex Kerala State - defence products manufacturing
    • BEML - Tatra Trucks 12x12, 10x10, 8x8, 6x6, 4x4 & variants
    • Pontoon bridge system
    • Ground support vehicles for guided missile programme
    • Heavy, medium and light recovery vehicles
    • 50T trailer for tank transportation
    • Mil rail coaches and mil wagons
    • Apart from the above, Railway parts and aggregates are planned for manufacture
  • Vignyan Industries, a subsidiary located at Tarikere (around 300 km from Bengaluru) - steel castings

Management

Shri M V Rajasekhar has been the CMD of BEML Ltd since 1 Feb 2021 after the superannuation of Dr D K Hota the predecessor CMD.[16]

Competitors

The main competitor for BEML is in the private sector who has its own manufacturing units in India, thus participating in the 'Make in India' initiative.The major source of income of BEML comes from Mining equipment.

Defense Vehicles

Arjun ARRV Armored vehicle manufactured by collaboration of BEML and CVRDE

BEML manufactures DRDO designed HMV, Arjun ARRV, Mobile Standby Command Post Vehicle(MSCPV) and Czech Tatra trucks and rebadges them under license.[17]

  • BEML - TATRA T810 VVNC 6x6
  • BEML - TATRA T810 VVL 6x6
  • BEML - TATRA T810 VTI 6x6 - Tank Transporter
  • BEML - TATRA T815 VVNC 8x8
  • BEML - TATRA T815 VVL 8x8
  • BEML - TATRA T815 VTI 8x8 - Tank Transporter
  • BEML - TATRA Crash Fire Tender
  • BEML - TATRA T816 6MWR 8T 10x10
  • BEML - TATRA T815 27ET96 28 300 8x8
  • BEML - TATRA T815 26RR36 22 255 6x6
  • BEML - TATRA T158 PHOENIX VTI 6x6 - Tank Transporter
  • BEML - TATRA PHOENIX 8x8, 6x6, 4x4
  • BEML - TATRA FORCE 10x10, 8x8, 6x6, 4x4
  • BEML - TATRA TERRN°2 10x10, 8x8, 6x6, 4x4
  • BEML - TATRA TACTIC 6x6
  • BEML Armored Vehicle Arjun ARRV

A probe into an alleged scam in the purchase of Tatra trucks for the Indian Army led to the suspension of the then-BEML chief by the Defence Ministry.[18]

Trailers

BEML BD50 bulldozer loaded on a BEML 20T trailer displayed at defense expo 2020 in Lucknow.
  • 20 T

20 Ton capacity 8 wheeled lowboy trailer developed for transportation of construction equipments on rough train. Can be coupled with tractor via 4 wheeled dolly.[19]

  • 50T

50 Ton capacity 24 wheeled lowboy trailers developed for transportation of mid-weight tanks on rough train. Can be coupled with tractor via 8 wheeled jeep dolly.[20]

  • 70T

70 Ton capacity 5 axle row hydraulic modular trailer developed for transportation of heavy tanks on rough train. Can be coupled with ballast tractor via drawbar coupling.[21]

References

  1. ↑ "Defence, Mining & Construction and Rail Coach Factory in India".
  2. 1 2 3 4 5 "Balance Sheet 31.03.2020".
  3. ↑ "Defence PSU BEML on the block, govt to invite financial bids in Dec quarter - ET Government". ETGovernment.com. Retrieved 9 February 2023.
  4. ↑ "BEML to make foray into sky-bus project - India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia". www.indiaenvironmentportal.org.in. Retrieved 24 May 2023.
  5. ↑ "BEML: From earth moving to aerospace". The Hindu Business Line. 27 March 2013. Retrieved 28 March 2013.
  6. ↑ "BEML Ltd Company in Bombay Stock Exchange (BSE)". The Economic Times. 12 January 2019. Retrieved 13 January 2019.
  7. ↑ "Gunning for self-reliance".
  8. ↑ "BEML public offer subscribed around 9 times". The Economic Times. 3 July 2007. Retrieved 4 July 2007.
  9. ↑ "PSU Status of BEML". Retrieved 5 December 2019.
  10. ↑ "Defence Minister Rajnath Singh launches BEML's industrial design centre". Business Standard. Press Trust of India. 10 August 2020. Retrieved 14 August 2020.
  11. ↑ "BEML Flags Off Final Kolkata Metro Line-2 Train-set". 17 June 2020. Retrieved 24 May 2023.
  12. ↑ "RAIL & METRO – BEML India".
  13. ↑ "MMRDA awards Rs 3,015 cr contract to BEML for rolling stock on". Business Line. 24 November 2018.
  14. ↑ "BEML bags Railway Board order worth Rs 31 crore". www.business-standard.com. 8 September 2008. Retrieved 24 May 2023.
  15. ↑ "BEML Receives LoA Worth Rs 675 Cr For Vande Bharat Trainsets". www.businessworld.in. 15 May 2023. Retrieved 28 May 2023.
  16. ↑ d. s, Madhumathi (31 December 2015). "D.K.Hota is next BEML chief". The Hindu.
  17. ↑ "Beml India". Archived from the original on 14 October 2011. Retrieved 13 October 2011.
  18. ↑ "VRS Natarajan, BEML chief suspended by Defence Ministry". The Economic Times. Retrieved 21 June 2021.
  19. ↑ "BEML 20T trailer" (PDF). Archived from the original on 6 September 2023. Retrieved 6 September 2023.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  20. ↑ "BEML 50T trailer" (PDF). Archived from the original on 6 September 2023. Retrieved 6 September 2023.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  21. ↑ "BEML 70T trailer" (PDF). Archived from the original on 6 September 2023. Retrieved 6 September 2023.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  • Business data for BEML Limited:

12°58′17″N 77°39′34″E / 12.971403°N 77.659518°E / 12.971403; 77.659518

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