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 ₹ 1,331 Cr.
- Current Price ₹ 59.0
- High / Low ₹ 85.0 / 42.7
- Stock P/E 82.2
- Book Value ₹ 23.2
- Dividend Yield 0.00 %
- ROCE 8.08 %
- ROE 2.00 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 2.54 times its book value
- 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 7.07% over past five years.
- Company has a low return on equity of 7.39% over last 3 years.
- Promoters have pledged or encumbered 99.4% of their holding.
- Earnings include an other income of Rs.38.2 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,349 | 834 | 860 | 924 | 1,012 | 769 | 820 | 762 | 1,158 | 1,110 | 1,245 | 1,154 | 1,140 | |
| 1,296 | 816 | 792 | 834 | 927 | 713 | 799 | 699 | 1,067 | 1,012 | 1,134 | 1,088 | 1,080 | |
| Operating Profit | 53 | 19 | 68 | 89 | 85 | 57 | 21 | 63 | 90 | 98 | 110 | 65 | 60 |
| OPM % | 4% | 2% | 8% | 10% | 8% | 7% | 3% | 8% | 8% | 9% | 9% | 6% | 5% |
| -65 | 31 | 23 | 0 | 31 | 5 | -22 | 7 | 41 | -16 | 12 | 45 | 38 | |
| Interest | 97 | 81 | 82 | 83 | 77 | 59 | 69 | 59 | 55 | 51 | 49 | 47 | 47 |
| Depreciation | 23 | 47 | 21 | 13 | 12 | 12 | 12 | 11 | 10 | 10 | 10 | 12 | 13 |
| Profit before tax | -132 | -78 | -12 | -6 | 27 | -10 | -82 | -1 | 66 | 21 | 63 | 50 | 38 |
| Tax % | -36% | -26% | -48% | -181% | 23% | -34% | -23% | 8,490% | 33% | -7% | 17% | 45% | |
| -85 | -58 | -6 | 5 | 21 | -6 | -63 | -58 | 44 | 22 | 53 | 27 | 18 | |
| EPS in Rs | -4.14 | -2.82 | -0.29 | 0.24 | 0.98 | -0.28 | -2.79 | -2.59 | 1.95 | 0.98 | 2.33 | 1.22 | 0.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 7% |
| 3 Years: | 0% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 19% |
| 3 Years: | -18% |
| TTM: | -72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 61% |
| 3 Years: | 27% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 444 | 384 | 379 | 414 | 476 | 493 | 436 | 357 | 400 | 422 | 474 | 501 |
| 682 | 762 | 797 | 745 | 605 | 552 | 520 | 519 | 380 | 320 | 310 | 316 | |
| 695 | 596 | 637 | 595 | 645 | 756 | 839 | 622 | 629 | 531 | 606 | 676 | |
| Total Liabilities | 1,841 | 1,762 | 1,833 | 1,774 | 1,748 | 1,824 | 1,818 | 1,520 | 1,432 | 1,295 | 1,412 | 1,516 |
| 140 | 90 | 99 | 431 | 414 | 412 | 311 | 236 | 230 | 133 | 154 | 192 | |
| CWIP | 117 | 130 | 139 | 95 | 97 | 94 | 95 | 0 | 0 | 0 | 2 | 0 |
| Investments | 299 | 299 | 301 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| 1,285 | 1,244 | 1,294 | 1,247 | 1,236 | 1,316 | 1,412 | 1,284 | 1,202 | 1,162 | 1,256 | 1,323 | |
| Total Assets | 1,841 | 1,762 | 1,833 | 1,774 | 1,748 | 1,824 | 1,818 | 1,520 | 1,432 | 1,295 | 1,412 | 1,516 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -23 | -35 | 117 | 245 | 117 | 164 | -23 | -181 | 87 | 20 | 79 | 76 | |
| -14 | 1 | -34 | -3 | -22 | -2 | 84 | 142 | -14 | 110 | -31 | -29 | |
| 35 | 40 | -89 | -243 | -45 | -160 | -60 | 52 | -69 | -110 | -80 | -43 | |
| Net Cash Flow | -2 | 5 | -7 | -1 | 50 | 2 | 2 | 14 | 5 | 19 | -33 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 107 | 169 | 187 | 156 | 127 | 176 | 171 | 210 | 110 | 138 | 111 | 138 |
| Inventory Days | 259 | 414 | 384 | 333 | 261 | 372 | 347 | 201 | 240 | 105 | 130 | |
| Days Payable | 150 | 188 | 163 | 118 | 152 | 170 | 179 | 116 | 140 | 136 | 154 | |
| Cash Conversion Cycle | 215 | 396 | 407 | 371 | 236 | 378 | 339 | 210 | 195 | 238 | 80 | 113 |
| Working Capital Days | 37 | 73 | 94 | 13 | -19 | -7 | 41 | 84 | 41 | 64 | 68 | 94 |
| ROCE % | 4% | 0% | 6% | 7% | 9% | 5% | 2% | 8% | 10% | 14% | 14% | 8% |
Documents
Announcements
-
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.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - 36th AGM (30 Sep 2025): adopted FY2024-25 audited standalone/consolidated results; re-appointed Vineet Kashyap; ratified cost auditor; appointed secretarial auditor.
- Closure of Trading Window 30 Sep
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.