BEML Confident of 20% Revenue Growth, Supply Chain Hurdles Easing

• BEML reaffirms 15-20% revenue growth target and 150 basis point margin improvement for the current financial year.
• Chairman Shantanu Roy projects the order book to exceed ₹20,000 crore by year-end, with Rail and Metro dominating.
• Supply chain disruptions, which impacted Q2 results and caused Bangalore Metro delays, are now largely under control.
• Stabilization in critical component indigenisation for defence projects boosts confidence for stronger H2 execution.
• Roy clarified the MRVC tender's true value is significantly higher than the reported ₹21,000 crore basic car price, including a 35-year maintenance agreement.

Why It Matters: BEML expects strong H2 performance as supply chain issues resolve, reaffirming ambitious growth targets.