B.L.Kashyap & Sons Ltd
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]
- Market Cap ₹ 1,169 Cr.
- Current Price ₹ 51.8
- High / Low ₹ 84.7 / 42.7
- Stock P/E 67.3
- Book Value ₹ 31.7
- Dividend Yield 0.00 %
- ROCE 6.63 %
- ROE 1.98 %
- Face Value ₹ 1.00
Pros
Cons
- 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 or encumbered 99.4% of their holding.
- Earnings include an other income of Rs.33.7 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Construction Construction Civil Construction
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,282 | 808 | 842 | 890 | 937 | 748 | 793 | 749 | 1,140 | 1,092 | 1,214 | 1,142 | 1,128 | |
| 1,246 | 792 | 774 | 804 | 840 | 688 | 775 | 684 | 1,046 | 988 | 1,117 | 1,075 | 1,066 | |
| Operating Profit | 36 | 16 | 68 | 85 | 97 | 61 | 18 | 65 | 94 | 104 | 97 | 67 | 61 |
| OPM % | 3% | 2% | 8% | 10% | 10% | 8% | 2% | 9% | 8% | 10% | 8% | 6% | 5% |
| -54 | 37 | 27 | 21 | 44 | 17 | 2 | 28 | 53 | 24 | 10 | 40 | 34 | |
| Interest | 92 | 75 | 75 | 77 | 66 | 47 | 56 | 47 | 47 | 47 | 48 | 47 | 46 |
| Depreciation | 22 | 44 | 20 | 10 | 9 | 9 | 10 | 9 | 8 | 8 | 9 | 11 | 12 |
| Profit before tax | -131 | -67 | 0 | 19 | 66 | 22 | -46 | 37 | 91 | 74 | 50 | 50 | 37 |
| Tax % | -34% | -21% | -400% | 33% | 26% | 36% | -34% | 93% | 28% | 29% | 30% | 27% | |
| -86 | -52 | 1 | 13 | 49 | 14 | -31 | 2 | 66 | 52 | 35 | 36 | 27 | |
| EPS in Rs | -4.19 | -2.55 | 0.05 | 0.61 | 2.27 | 0.62 | -1.36 | 0.11 | 2.93 | 2.31 | 1.55 | 1.59 | 1.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 8% |
| 3 Years: | 0% |
| TTM: | -14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 22% |
| 3 Years: | -27% |
| TTM: | -55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 50% |
| 3 Years: | 26% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 5% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 21 | 22 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 464 | 411 | 412 | 405 | 496 | 533 | 502 | 506 | 571 | 623 | 657 | 693 |
| 567 | 591 | 627 | 615 | 494 | 445 | 396 | 415 | 334 | 304 | 305 | 291 | |
| 638 | 533 | 570 | 500 | 521 | 499 | 634 | 579 | 533 | 501 | 574 | 643 | |
| Total Liabilities | 1,690 | 1,555 | 1,630 | 1,540 | 1,532 | 1,499 | 1,555 | 1,523 | 1,461 | 1,450 | 1,558 | 1,649 |
| 129 | 81 | 91 | 81 | 77 | 72 | 64 | 62 | 57 | 67 | 86 | 117 | |
| CWIP | 4 | 4 | 4 | 5 | 7 | 4 | 5 | 0 | 0 | 0 | 2 | 0 |
| Investments | 14 | 14 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| 1,543 | 1,455 | 1,521 | 1,441 | 1,436 | 1,410 | 1,474 | 1,448 | 1,392 | 1,371 | 1,458 | 1,521 | |
| Total Assets | 1,690 | 1,555 | 1,630 | 1,540 | 1,532 | 1,499 | 1,555 | 1,523 | 1,461 | 1,450 | 1,558 | 1,649 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 14 | 38 | 85 | 132 | 50 | 63 | 38 | 60 | 63 | 83 | 87 | |
| 28 | 39 | -3 | 5 | 14 | 21 | 45 | -3 | 36 | -5 | -29 | -23 | |
| -34 | -52 | -38 | -91 | -99 | -69 | -104 | -28 | -87 | -75 | -48 | -61 | |
| Net Cash Flow | -0 | 1 | -3 | -1 | 47 | 2 | 3 | 6 | 9 | -16 | 6 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121 | 179 | 198 | 171 | 129 | 173 | 192 | 199 | 119 | 148 | 120 | 138 |
| Inventory Days | 224 | 350 | 311 | 260 | 262 | 328 | 312 | 188 | 231 | 59 | 69 | |
| Days Payable | 148 | 187 | 162 | 115 | 169 | 166 | 176 | 116 | 147 | 134 | 150 | |
| Cash Conversion Cycle | 197 | 343 | 348 | 315 | 223 | 335 | 327 | 199 | 191 | 232 | 45 | 57 |
| Working Capital Days | 34 | 66 | 86 | -0 | -16 | 17 | 65 | 73 | 65 | 70 | 54 | 69 |
| ROCE % | 4% | 1% | 7% | 9% | 13% | 7% | 2% | 9% | 10% | 13% | 10% | 7% |
Documents
Announcements
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Unaudited Financial Results 30Th September 2025
4m - Unaudited standalone and consolidated results approved for quarter and half year ended 30 Sep 2025.
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Board Meeting Outcome for Outcome Of Board Meeting - Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended 30Th September, 2025
17m - Board approved unaudited standalone and consolidated Q2/H1 results ended 30 Sep 2025; limited review reports attached.
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Board Meeting Intimation for Approval Unaudited Financial Results
4 Nov - Board meeting on 14 Nov 2025 to approve unaudited results for quarter and half year ended 30 Sep 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) regulations 2018 for the quarter ended September 30, 2025.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
14 Oct - ₹295 crore civil-structural order from Embassy Construction for Embassy Business Hub Phase II, Bengaluru; 18-month execution; received 13 Oct 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
Overview[1]`
B L Kashyap & Sons Ltd. is one of the leading Engineering, Procurement, and Construction (EPC) Company, engaged in civil construction and Infrastructure with a pan-India presence.