B. L. Kashyap and Sons Ltd
- P/E
- 32.7x
- 52-week range
- 40.32 – 63.36
- ROE
- 3%
- ROCE
- 13%
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE, BSE
About
B.L. Kashyap and Sons Limited is an India-based construction and infrastructure development company. The Company has built a diverse project portfolio of executed projects spread across various structures, such as information technology (IT) parks, commercial spaces, malls, hotels, residential complexes, institutions, factories and manufacturing facilities, healthcare and transportation facilities. The Company operates through the Civil Construction Services segment. It also undertakes turnkey projects to set up power generation plants, power transmission and distribution systems, integrated rail and metro systems, residential buildings, townships, commercial buildings, airports, industrial units, chemical process plants, water and wastewater management solutions. Its projects include Petronet LNG-Dwarka, Cadence Software, HCL Technology Park1, Embassy Tech Village Flipkart, Manyata Embassy Tech Park, Delhi Airport Terminal 1D-Delhi, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →B. L. Kashyap and Sons Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)32.7 against a typical 14.4: pricier than most peers (1st = cheapest).140th of 181
- Sales growth+2.7% against a typical +8.6% from a year earlier.88th of 147
- Profit growth−9.1% against a typical 0% from a year earlier.75th of 130
- Share price, 3 months−1.3% against a typical −13.1%.47th of 164
Latest announcements
Exchange filings and their impact on the company.
- BL Kashyap won a Rs 495.9 cr Signature Global civil works order, about 36% of FY26 sales, to execute over 40 months.
B.L. Kashyap and Sons has secured a Rs 495.86 crore order (excluding GST) from Signature Global (India) for civil structure and part MEP work for 4 towers and basements plus ancillary buildings. The domestic contract is to be executed in about 40 months from handover of sites, with the letter of acceptance received on 23 October 2026. The order equals about 36% of its FY26 revenue and provides multi-year revenue visibility.
- BL Kashyap won a Rs 200 cr Gurugram commercial structure order for execution over 25 months.
B.L. Kashyap and Sons secured a Rs 200.02 crore domestic order from Nourish Developers for civil and structural works of a commercial building (Phase 3, One DXP, Sector 113, Gurugram). The work is to be executed in about 25 months and was awarded on 16 October 2026. The order strengthens the company's backlog and supports revenue visibility over the next two years.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BB- | Stable | 17 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Dec 2025 | Reaffirmed | Crisil BB- | — | CRISIL | ₹ 539.34 Cr. | |
| 15 Dec 2025 | ▲ Upgrade | Crisil BB- | — | CRISIL | ₹ 539.34 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 28 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 11 Feb 2026 | Financial Results | To consider and approve the financial results for the quarter and period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 14 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 30 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 327 | 324 | 341 | 350 | 267 | 242 | 294 | 336 | 355 | 324 | 364 | 345 |
| Expenses | 298 | 300 | 308 | 319 | 247 | 236 | 287 | 310 | 335 | 295 | 337 | 317 |
| Operating Profit | 29 | 24 | 33 | 32 | 20 | 6 | 7 | 26 | 20 | 29 | 27 | 29 |
| OPM % | 9% | 7% | 10% | 9% | 8% | 2.6% | 2.5% | 8% | 6% | 9% | 7% | 8% |
| Other Income | 1 | 1 | 8 | 9 | 12 | 9 | 16 | 3 | 2 | 1 | −22 | 1 |
| Interest | 11 | 12 | 15 | 11 | 14 | 10 | 13 | 11 | 11 | 10 | 12 | 11 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 |
| Profit before tax | 17 | 10 | 22 | 27 | 15 | 2 | 7 | 15 | 8 | 16 | −11 | 14 |
| Tax % | 29% | 31% | −6% | 24% | 38% | 41% | 149% | 26% | 212% | 25% | 16% | 30% |
| Net Profit | 12 | 7 | 24 | 20 | 9 | 1 | −3 | 11 | −9 | 12 | −13 | 10 |
| EPS in Rs | 0.53 | 0.31 | 1.05 | 0.9 | 0.42 | 0.05 | −0.14 | 0.48 | −0.38 | 0.52 | −0.56 | 0.44 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 5%
- 5 Years
- 13%
- 3 Years
- 8%
- TTM
- 22%
- 10 Years
- 16%
- 5 Years
- 8%
- 3 Years
- −32%
- TTM
- 127%
- 10 Years
- 11%
- 5 Years
- 17%
- 3 Years
- 1%
- TTM
- —
- 10 Years
- 3%
- 5 Years
- 6%
- 3 Years
- 5%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| B. L. Kashyap and Sons Ltd | ₹ 53.33 | — | 32.7x | — | 3% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 37.7x | 3.5x | 0% | 0% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 31.7x | 4.8x | 0% | 0% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.6x | 0% | 0% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 25.1x | 3.5x | 0% | 0% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 138x | 2.8x | 0% | 0% |
Management
- Vinod Kashyap
- Executive Chairman of the Board
- Vikesh Kumar Agarwal
- Chief Financial Officer
- Pushpak Kumar
- Compliance Officer, Vice President, Company Secretary
- Vikram Kashyap
- Joint Managing Director, Executive Director
- Vineet Kashyap
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.