Bharat Earth Movers Limited

Name: Bharat Earth Movers Limited

Sector: Others

Sector Other:: Mining & Construction, Defence, Rolling stock

Category: Mining

Main Customer: Whole Seller

R&D Backup: In-house

Tin No.:

Parent Organization:

Ownership: Local

Owner Name: Shri D. K. Hota

Type: Private

Type Other: NA

No. of employee: 7,722

Area of Work: Company has recorded an all-time high net revenue of 23246 Crs. for the financial year ended 31.03.2018 with an impressive growth of 313% over previous year. The Rail & Metro business achieved record production I sales of 244 Metro cars and registered a growth of 114° over the previous year. The Mining & Construction business registered a over the previous year. The Defence business posted a growth of 10% over the previous year despite constraints. The Spare Parts business registered two-fold increase in revenue. With increased business and continued focus on cost control, your company has registered a Profit Before Tax of T3.64 Crs, - a jump of 67% over previous yea i which is the highest in the last seven years. Value added per Employee has jumped by 25% over previous year. Employee cost to revenue from operations, - down by 6%. Earnings per Share (EPS) of 231.08,- highest in last 8 years.

Mission.: ➢ Improve competitiveness through organizational transformation and collaboration, strategic alliances and joint ventures, to sustain and enhance market share in product groups BEML operates. ➢ Grow profitably by aggressively pursuing business and market opportunities in domestic and international markets. ➢ Adoption of state-of-the-art technologies and bring in new products through Transfer of Technology and in-house R&D. ➢ Continue to diversify and grow addressing new products and markets with higher turnover from in-house R&D developed products. ➢ Attract and retain people in a rewarding and inspiring environment by fostering creativity and innovation with lesser attrition levels. ➢ Offer technology and cost effective total solutions for enhanced customer satisfaction.

Vision: Become a market leader, as a diversified Company, supplying quality products and services to sectors such as Mining & Construction, Rail Metro, Defence & Aerospace and to emerge as a prominent international player.

Mandate: Company has taken up initiatives to launch new products and upgrade existing products in line with the latest emission norms as mandated by the government and safety features on par with upcoming CEMM Act and ISO20474 in the areas of Dump Trucks, Dozers, Excavators, Wheel Loaders and Underground Mining Equipment apart from up-gradation of existing products with innovative and new features in line with major global competitors.

Summary of Activities: Company achieved all time high Revenue from Operations of 3305 crores as against 2835 crores in the previous year, registering growth of 16.61% compared to previous year Revenue from Operations. The increase in sales is mainly on account of increase in the turnover of Rail & Metro Business due to increase in sale of metro cars to Delhi Metro Rail Corporation under RS-10, RS-13 and Kolkata Metro Rail Corporation projects. In addition to the above, Mining & Construction business and Defence business also contributed to the growth in turnover.

Exporter: Yes

Products Exporting: NA

Safety Measures: Yes

Security Certificate: NA

Corporate Social Responsibility (CSR) :

S.No. Year Net Profit CSR Budget CSR Expenditure Areas of Expenditure Details

Product(s) :

S.No. Title Quantity Details
1 Mining & Construction NA (a) 180 T class Hydraulic Excavator (Diesel version) Model : BE1800D with 2 x 475 hp engines, 10.2 cu m Face Shovel bucket and 10.5 cu m Backhoe bucket. (b) Bull Dozer model BD475-1 with 850 hp engine. (c) Front End Loader Model : BL30-FEL with 3.1 cum and payload 5.4 T. (d) Low Height Side Discharge Loader model BL11C-LHSDL with 1.1 cu m bucket for under ground coal mines application
2 Defence NA (a) Arjun-ARRV was designed and developed in association with CVRDE, Chennai. 2 prototypes have been delivered which is undergoing trials. (b) Trawl assembly for T-72 tank was developed with R&DE Engineers, Pune. (c) BEML Tatra 8x8 vehicle was modified to built superstructure for mounting 155 mm / 52 Cal Gun developed by OFB (Gun Carriage Factory, Jabalpur) (d) 4x4 - Medium Bullet Proof Vehicle (MBPV) was designed and developed considering the requirement of Ministry of Home Affairs (MHA).

R&D Plan(s) :

S.No. Year Budget Need Plan Details
1 2018 NA Technology Efforts made towards Technology Absorption During the year, R&D Department took initiatives for design and development of high technology products and aggregates for Mining & Construction, Defence and Rail & Metro segments as per customer requirements. Further, R&D absorbed the collaborator technology and further developed on it which has resulted in the development of new products and technologies as well as up-gradation of existing products. Some of such products were also manufactured and launched for customer trials

Report(s) :

S.No. Year Type Title Link Detail
1 2018 Annual Report Annual Report Download Annual Report

Document(s) :

S.No. Year Link Detail
1 Annual Report Download Annual Report

Address(es) :

S.No. Primary/ Alternate Email Mobile/ Phone City/ State/ Country Detail
1 mabbangalore@cag.gov.in / mabbangalore@cag.gov.in / Bengaluru/ Karnataka / India BEML Soudha 23/1, 4th Main, and contact details S R Nagar, Bengaluru -560027.

Contact(s) :

S.No. Name Primary/ Alternate Email Mobile/ Phone City/ State/ Country Detail
1 IND30 Shri D. K. Hota / mabbangalore@cag.gov.in mabbangalore@cag.gov.in/ / Bengaluru / Karnataka India