B.L.Kashyap & Sons Ltd
NSE: BLKASHYAP BSE: 532719Infra
B.L.Kashyap & Sons Ltd is an EPC company engaged in the business of Construction of Buildings High-Rise Residential and Commercial Complexes, IT Parks, Institutional Buildings, etc. [1]
₹52.7
52W: ₹40.3 — ₹80.1
PE 57.4 · Book ₹32.4 · +63% vs bookMarket Cap₹1,188 Cr
Stock P/E57.4Price to Earnings
ROCE6.63%Return on Capital
ROE1.98%Return on Equity
Div. Yield0%Face Value ₹1
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 7.58% over past five years.
- −Company has a low return on equity of 5.03% over last 3 years.
- −Promoters have pledged 99.3% of their holding.
Shareholding Pattern
Promoters61.72%
FIIs0.29%
DIIs0.18%
Public37.81%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 61.65% | 61.65% | 61.65% | 61.67%▲0.0 | 61.69%▲0.0 | 61.7%▲0.0 | 61.71%▲0.0 | 61.72%▲0.0 |
| FIIs | 1.65% | 1.87%▲0.2 | 0.59%▼1.3 | 0.72%▲0.1 | 0.4%▼0.3 | 0.34%▼0.1 | 0.31%▼0.0 | 0.29%▼0.0 |
| DIIs | 0% | 0% | 0.35%▲0.3 | 0.92%▲0.6 | 0.88%▼0.0 | 0.59%▼0.3 | 0.17%▼0.4 | 0.18%▲0.0 |
| Public | 36.7% | 36.48%▼0.2 | 37.4%▲0.9 | 36.68%▼0.7 | 37.03%▲0.4 | 37.37%▲0.3 | 37.81%▲0.4 | 37.81% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 323 | 320 | 323 | 348 | 265 | 239 | 291 | 333 | 351 | 303 |
| Expenses | 294 | 296 | 304 | 316 | 243 | 233 | 283 | 307 | 331 | 275 |
| Operating Profit | 30 | 23 | 19 | 32 | 22 | 6 | 8 | 26 | 19 | 27 |
| OPM % | 9% | 7% | 6% | 9% | 8% | 2% | 3% | 8% | 6% | 9% |
| Net Profit | 14 | 9 | 0 | 19 | 11 | 1 | 5 | 11 | 4 | 11 |
| EPS ₹ | 0.62 | 0.39 | 0 | 0.86 | 0.48 | 0.04 | 0.21 | 0.48 | 0.19 | 0.48 |
AI Insights
Revenue Trend
TTM revenue at ₹1,277Cr, up 11.8% YoY. OPM at 6%.
Debt Position
Borrowings at ₹283Cr. Debt-to-equity ratio: 0.40x. Healthy balance sheet.
Institutional Flow
DIIs: 0.18% (+0.18pp change). FIIs: 0.29% (-0.14pp change). Promoters hold 61.72%.
Margin & Efficiency
ROCE improving from 4% (Mar 2014) to 7% (Mar 2025). Working capital days: 69.
Valuation
PE 57.4x with 6.63% ROCE. Price is 63% above book value of ₹32.4. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for To Consider And Approve Audited Financial Results (Standalone And Consolidated) 14 May - Board meets on 28 May 2026 to approve audited standalone and consolidated results for FY2026.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 6 May - B.L. Kashyap won ₹180 crore domestic civil and structural work order from Immencity Office Parks, to execute in 18 months.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Opening of a special window for transfer and dematerilisation of physial securities
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr - B.L. Kashyap confirms it is not a 'Large Corporate' under SEBI framework.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse