Case study

BEML

BEML LIMITED

Tread carefully1y model +3.4%

Each stock's 10,000-path forecast, rendered as light.

33Score

BEML LIMITED (BEML) Stock Analysis & Case Study

Is BEML a good buy? The data-driven verdict.

BEML LIMITED (BEML) trades at ₹1,788,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, BEML LIMITED (BEML) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 83.4× earnings, ROE of 4.9%, a 53% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

BEML fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹14,890 Cr
Current price
₹1,788
P/E ratio
83.4×
P/B ratio
5.08×
Book value
₹352
Dividend yield
0.27%
ROCE
7.7%
ROE
4.9%
Piotroski F-Score
5/8

How BEML ranks against the 2,373 companies in our screener

Is BEML overvalued? BEML P/E vs peers

BEML trades at 83.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

BEML share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BEML history (15%/yr drift, 43%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
BEML 2027₹1,057₹1,849₹3,234+3%
BEML 2028₹885₹1,913₹4,134+7%
BEML 2029₹778₹1,978₹5,030+11%
BEML 2030₹677₹2,046₹6,186+14%
BEML 2031₹606₹2,116₹7,388+18%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability BEML goes up, or doubles?

53%
Higher in 1 year
Modelled chance the price is above today in 12 months
57%
Higher in 5 years
Modelled chance the price is above today in 5 years
29%
Doubles in 5 years
Modelled chance of reaching ₹3,576 within 5 years

The bull case for BEML

  • BEML LIMITED is part of the nifty200 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹5,030.

The bear case & risks

  • BEML's P/E of 83.4x is lower than 13% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • BEML's return on equity of 4.9% ranks in the 29th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹778.

BEML volatility & expected range, how bumpy is the ride?

Over the last 9.8 years BEML compounded at 15%/year with annualized volatility of 43%. That volatility implies a 1-year 80% range of ₹1,057-₹3,234, the honest backbone behind any single price target.

BEML price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
3.4%
80% range₹1,057-₹3,234
P(price ↑)53%
P(price 2×)6%
3-Year Forecast
2029
₹0
Median (P50)
10.6%
80% range₹778-₹5,030
P(price ↑)55%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
18.4%
80% range₹606-₹7,388
P(price ↑)57%
P(price 2×)29%

BEML price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
BEML simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds BEML hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the BEML price target & forecast page.

BEML Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BEML scores 5/8, mixed financial health.

BEML MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy BEML with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST35.01%2.9×
Zerodha35.04%2.9×
Groww35.06%2.9×
Dhan35.04%2.9×
Kotak Neo35.09%2.8×
Paytm Money35.22%2.8×
Pocketful35.40%2.8×
Fyers35.71%2.8×
Anand Rathi35.04%2.9×
Bajaj Broking40.00%2.5×
Share IndiaCHEAPEST35.01%2.9×

Compare every broker on the BEML MTF page.

About BEML LIMITED: sector, index & market-cap context

BEML LIMITED (BEML) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹14,890 Cr. See more stocks on our screener.

How the BEML Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of BEML LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

BEML analysis, FAQs

Is BEML LIMITED (BEML) a good buy?

On the numbers, BEML LIMITED (BEML) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 83.4× earnings, ROE of 4.9%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is BEML overvalued or undervalued?

BEML trades at 83.4× earnings, expensive versus the ~22× long-run Nifty average.

What is the BEML share price target for 2031?

BEML's probability-weighted 2031 median target is ₹2,116, with an 80% range of ₹606-₹7,388 (10,000-path Monte-Carlo).

What is the probability BEML doubles in 5 years?

The modelled probability of BEML reaching ₹3,576 (2×) within 5 years is 29%.

What is the bull case for BEML?

BEML LIMITED is part of the nifty200 universe with live, tracked fundamentals on Downstox.

What are the risks in BEML?

BEML's P/E of 83.4x is lower than 13% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. BEML's return on equity of 4.9% ranks in the 29th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on BEML