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BEML

#4169

Rank

$2.16B

Marketcap

IN India

Country

BEML
Leadership team

Mr. Amit Banerjee (MD, Director of Rail & Metro Bus., Human Resource and Chairman)

Mr. Anil Jerath (Director of Fin. & Director)

Mr. Jai Gopal Mahajan (Chief Gen. Mang. of Fin., Company Sec. & Compliance Officer)

Products/ Services
Government, Non Profit
Number of Employees
1,000 - 20,000
Headquarters
Bangalore, Karnataka, India
Established
1964
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
BEML.NS
Social Media
Overview
Location
Summary
BEML Limited provides products and services to the mining and construction, rail and metro, and defense and aerospace sectors in India. The company offers mining equipment for opencast and underground mines; hydraulic excavators, bulldozers, wheel loaders and dozers, dump trucks, motor graders, pipe layers, tyre handlers, water sprinklers, and backhoe loaders; and hydraulics, powerline systems, engines, and structures. It also provides bridge layer, field artillery tractor, medium & heavy recovery vehicle, pontoon mainstream bridge systems, crash fire tenders, mobile mast vehicle, etc., as well as supplies engineering mine ploughs, tank transportation trailers, weapon loading equipment, armoured recovery vehicle, milrail coaches, and wagons. In addition, the company offers passenger coaches, metro cars, track laying equipment, rail bus, spoil disposal unit, treasury van, mil rail coaches, wagons, and utility track vehicles. It also exports its products to approximately 68 countries worldwide. The company was formerly known as Bharat Earth Movers Limited. BEML Limited was incorporated in 1964 and is based in Bengaluru, India.
History

BEML incorporated in 11th May 1964, with the help of the Soviet Union. It was wholly owned and operated by India's Ministry of Defence until 1992, when the government divested 25% of its holdings in the company. BEML is Asia's second-largest manufacturer of earth moving equipment, ? and it controls 70% of India's market in that sector. Its stock trades on the National Stock Exchange of India under the symbol "BEML", and on the Bombay Stock Exchange under the code "500048". The company went for Follow-on Public offer and fixed the price band for its FPO between ?1,020 and ?1,090. 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.

Mission
BEML’s mission is to be a globally respected corporation, recognized for its excellence and providing total customer satisfaction through the innovative application of technology and modern management practices.
Vision
BEML’s vision is to be a global leader in the Heavy Engineering sector, creating customer delight through innovative products, services and technology.
Key Team

Mr. S. Ramananda (Assistant Gen. Mang. of Corp. Communications)

Mr. Joe Pulickel (Chief Gen. Mang. of (Def), R&D - Bangalore Complex)

Mr. H. S. Ranganath Rao (Officiating Chief Gen. Mang. of Planning)

Mr. K. R. Radhakrishna (Chief Gen. Mang. of R&D - KGF Complex)

Mr. P. Shivakumar (Chief Gen. Mang. of Palakkad Complex)

Mr. Vinod Kumar Pareek (Chief Gen. Mang. of H&P Division- KGF Complex)

Mr. Kanyana Narayana Bhat (Chief Gen. Mang. of IBD)

Recognition and Awards
BEML has been recognized with various awards and accolades including Most Trusted Brand, Best Disinvestment Contributor, Best Aerospace-Defence Company of the Year, Best Company Award and India 500.
References

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BEML
Leadership team

Mr. Amit Banerjee (MD, Director of Rail & Metro Bus., Human Resource and Chairman)

Mr. Anil Jerath (Director of Fin. & Director)

Mr. Jai Gopal Mahajan (Chief Gen. Mang. of Fin., Company Sec. & Compliance Officer)

Products/ Services
Government, Non Profit
Number of Employees
1,000 - 20,000
Headquarters
Bangalore, Karnataka, India
Established
1964
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
BEML.NS
Social Media