BLKASHYAP · B. L. Kashyap and Sons Ltd · Construction Services
BLKASHYAP · B. L. Kashyap and Sons Ltd · Construction Services
As of 05 Nov close
52-week range
11.6% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹345 Cr
Revenue YoY
PAT YoY
-7.8%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
2.5
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
Not available from data source
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BLKASHYAP (this stock) | Not available from data source | 2.5 | +0.1% | +0.1% | 0.57 | Not available from data source |
| DLF * | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers * | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers * | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowthehindubusinessline.com· 26 Oct 2026, 06:47 amStocks to watch October 26: Raymond, RailTel, KEC Intl, Honasa, BL Kashyap, Lupin, Orchid Pharma, Gland Pharma among 15 stocks to be in focus
Concalls & investor presentations
AI-generatedKey takeaway: B. L. Kashyap and Sons Limited reported its unaudited financial results for the quarter ended June 30, 2026, highlighting a consolidated revenue of ₹345.12 crore. The company noted a reduction in fund-based debt from ₹700 crore in 2014 to ₹270 crore in 2025. The order book stood at ₹4,712 crore as of June 30, 2026, with a workforce of over 1,300 skilled professionals. The presentation outlined strategic priorities for FY 2026-27, including a focus on government projects and advancements in composite steel construction. Key ongoing projects were detailed, including several data centers and commercial developments. The geographical spread indicated significant contributions from Haryana, Tamil Nadu, and Karnataka. The company emphasized its commitment to quality, safety, and trust, alongside its ESG and CSR initiatives. Financial highlights included a gross margin of ₹62.29 crore and an EBITDA of ₹28.58 crore for the quarter.
The presentation provided a balanced overview of financial performance and strategic initiatives.
Sourced from an exchange-filed presentation, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by B. L. Kashyap and Sons Limited reported on the audited financial results for the quarter and year ended March 31, 2026. The company achieved a consolidated revenue of ₹5,296 crore for Q4 FY26, with a gross margin of ₹64.36 crore and a PAT of ₹26.92 crore. Management highlighted a significant reduction in fund-based debt from approximately ₹700 crore to ₹270 crore, with no term loans remaining. The presentation outlined strategic priorities for FY 2026-27, including a goal to increase government project participation to 25%. Key ongoing projects and a diverse client base were emphasized, alongside a commitment to quality, safety, and environmental responsibility. The document also noted a credit rating upgrade to CRISIL BB-/Stable/A4. Overall, the presentation provided a comprehensive overview of the company's financial performance and strategic direction.
The presentation provided a balanced overview of financial results and strategic initiatives without strong emphasis on growth or challenges.
Sourced from an exchange-filed presentation, dated 28 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation by B. L. Kashyap and Sons Limited reported on the unaudited financial results for the quarter and nine months ended December 31, 2025. The presentation highlighted a consolidated revenue of ₹5,293 crore and a profit after tax (PAT) of ₹11.83 crore for Q3 FY25-26. Management noted a significant reduction in fund-based debt from approximately ₹700 crore to ₹270 crore, with a credit rating upgrade to CRISIL BB-/Stable/A4. The company emphasized its strategic priorities, including increasing government project participation to 25% by FY27 and advancing composite steel construction. The presentation also detailed ongoing projects and a diverse client base, showcasing a balanced portfolio across private and public sectors. Additionally, the company underscored its commitment to quality, safety, and environmental responsibility.
Management emphasized financial improvement and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 11 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe annual report of B. L. Kashyap and Sons Limited for FY2025-26 highlights the company's strategic focus on sustainable growth and operational excellence within India's growing construction and real estate sectors. The report emphasizes the company's efforts to enhance profitability through selective project bidding, improved execution, and the adoption of digital technologies. It also outlines challenges such as human resource management and the need for continued investment in workforce development and technology. The company aims to strengthen its position in government-funded infrastructure projects while maintaining a diversified order book to reduce sectoral dependence.
- Strategic focus on sustainable growth and operational excellence in India's construction and real estate sectors
- Efforts to enhance profitability through selective project bidding, improved execution, and digital technology adoption
- Challenges in human resource management and the need for workforce development and technology investment
- Aim to strengthen presence in government-funded infrastructure projects and maintain a diversified order book
Key takeaway: B. L. Kashyap and Sons Limited is focusing on sustainable growth and operational excellence in India's construction and real estate sectors through strategic project selection, workforce development, and technology adoption, while navigating challenges such as human resource management and global uncertainties.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (1 item); Default / Covenant Breach (6 items); Promoter Share Pledge (62.2% of promoter holding pledged)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
1 occurrenceRecent (last 12 months)
The company received a notice of inspection dated 19th April 2024 under section 206(5) of the Companies Act, 2013 from the Regional Director (Northern Region), Ministry of Corporate Affairs, New Delhi. The company has replied to the notice and is representing it before the said office.
Default / Covenant Breach
6 occurrencesRecent (last 12 months)
The company has overdue employer’s ESI dues of ₹ 183.9 lakh as of 31st March 2026, overdue by more than six months. Additionally, there are disputed GST and Excise Duty amounts not deposited, with disputes pending before various authorities.
Earlier (1-3 years ago)
The company has undisputed statutory dues in arrears for more than six months as of 31st March 2025, including EPF and E.S.I.C., with amounts specified in lakhs.
The company has statutory dues in arrears for more than six months as of March 31, 2024, including EPF, E.S.I.C., and Labour Cess, and disputed amounts under various GST and Excise acts pending before different authorities.
Older (3+ years ago)
The company has undisputed statutory dues in arrears for more than six months as of 31 March 2023, including EPF, interest on EPF, and E.S.I.C. Additionally, there are disputed amounts pending before tribunals and appellate authorities for various tax periods.
The company has defaulted in repayment of its dues to Banks/Financial Institutions, with amounts not paid on due date, as indicated in the excerpt.
The company has delays in payment of statutory dues and/or which are required to be deposited and submitted under the Acts applicable to the Company.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
62.2% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: decreasing.
Routine disclosures
Contingent Liability
6 occurrencesRecent (last 12 months)
The company has a contingent liability of Rs. 1,500.00 Lakhs for Right of Recompense (RoR) obligations under the Corporate Debt Restructuring (CDR) package, and pending matters with banks regarding the final differential interest sacrificed, as well as an indeterminable liability related to a PF Deptt appeal pending with the High Court of Delhi.
Earlier (1-3 years ago)
The company has a contingent liability of ₹1,500.00 lakhs related to Right of Recompense (RoR) obligations under the Corporate Debt Restructuring (CDR) package. Additionally, there is a pending claim with the PF Department regarding a demand based on a presumptive basis, with an original deposit of ₹15.00 crore still held by the PF Department.
The company has pledged 3,07,500 equity shares of its subsidiary Soul Space Project Limited (SSPL) to IndusInd Bank to secure loans taken by SSPL, although SSPL has paid the entire loan in the current year.
Older (3+ years ago)
The company has litigation with Provident Fund authorities, has deposited Rs. 15 Crores, and the liability is indeterminable due to an appeal by the PF Department against a judgment in favor of the company.
The company has litigation with Provident Fund authorities, has deposited Rs. 15 Crores, and the liability is indeterminable due to an appeal by the PF Department against a judgment in favor of the company.
The company has a contingent liability related to the determination and settlement of the Right of Recompense with Participant Lenders under the Corporate Debt Restructuring (CDR) Package approved in 2014, which remains unresolved as of the 2021 financial statements.
Related-Party Transaction
5 occurrencesRecent (last 12 months)
The company had transactions with BLK Lifestyle Limited, including sale of materials, sale of fixed assets, purchase of materials/job work, fixed assets purchase, and sub-contractor expenses during the year.
Earlier (1-3 years ago)
The company has payable amounts to related parties including Vinod Kashyap, Vineet Kashyap, Vikram Kashyap, Aiyana Trading Private Limited, and Chrysalis Realty Projects Private Limited, as listed in the financial statements.
Mrs. Shruti Choudhari, daughter of Mr. Vineet Kashyap (Managing Director), holds a director position and receives remuneration exceeding Rs. 2,50,000, which is subject to Section 188(1)(f) of the Companies Act, 2013.
Older (3+ years ago)
The company had transactions with Key Management Personnel relatives, including services given (pine to bezal) of -41.83 lakhs, purchase of material of -1.10 lakhs, job work by of -3.06 lakhs, and inter corporate deposit matured of -4,925.00 lakhs.
B. L. KASHYAP AND SONS LIMITED had transactions with related parties during the year, including purchase of material from and job work by relatives of Key Management Personnel, amounting to Rs. 5.99 lakhs and Rs. 5.73 lakhs respectively.
Management & Board Governance
2 occurrencesEarlier (1-3 years ago)
Mr. Justice C. K. Mahajan (retd.) resigned as an Independent Director on 26th July 2024. Mr. Ganesh Kumar Bansal, CFO, resigned on 9th November 2024, and Mr. Vikesh Agarwal was appointed as CFO on 27th November 2024.
The CFO, Mr. Manoj Aggarwal, resigned in August 2023, and the vacancy was filled by Mr. Ganesh Kumar Bansal in February 2024. The company informed the stock exchanges that the delay in filling the CFO position was due to an extensive search process and background checks, and the new CFO required three months to join as per his employment contract.