BEML Ltd’s recent order win of ₹3,658 crore from Chennai Metro Rail Ltd offsets the subdued September quarter when it received orders worth ₹444 crore only due to delay in order finalization in rail and metro. “With better margin business increasing their contribution, we expect BEML's operating margin to increase from 10.9% in FY24 to 15.6% in FY27, leading to …
