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 ₹ 1,162 Cr.
- Current Price ₹ 51.6
- High / Low ₹ 80.1 / 40.3
- Stock P/E 130
- Book Value ₹ 23.3
- Dividend Yield 0.00 %
- ROCE 8.08 %
- ROE 2.00 %
- 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 7.07% over past five years.
- Company has a low return on equity of 7.39% over last 3 years.
- Promoters have pledged 99.3% of their holding.
* 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.
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 | 1,310 | |
| 1,296 | 816 | 792 | 834 | 927 | 713 | 799 | 699 | 1,067 | 1,012 | 1,134 | 1,088 | 1,227 | |
| Operating Profit | 53 | 19 | 68 | 89 | 85 | 57 | 21 | 63 | 90 | 98 | 110 | 65 | 83 |
| OPM % | 4% | 2% | 8% | 10% | 8% | 7% | 3% | 8% | 8% | 9% | 9% | 6% | 6% |
| -65 | 31 | 23 | 0 | 31 | 5 | -22 | 7 | 41 | -16 | 12 | 45 | 21 | |
| Interest | 97 | 81 | 82 | 83 | 77 | 59 | 69 | 59 | 55 | 51 | 49 | 47 | 44 |
| Depreciation | 23 | 47 | 21 | 13 | 12 | 12 | 12 | 11 | 10 | 10 | 10 | 12 | 14 |
| Profit before tax | -132 | -78 | -12 | -6 | 27 | -10 | -82 | -1 | 66 | 21 | 63 | 50 | 45 |
| 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 | 11 | |
| 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 | 0.48 |
| 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: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 19% |
| 3 Years: | -18% |
| TTM: | -82% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 26% |
| 3 Years: | 10% |
| 1 Year: | -22% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 21 | 21 | 21 | 21 | 22 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 444 | 384 | 379 | 414 | 476 | 493 | 436 | 357 | 400 | 422 | 474 | 501 | 503 |
| 682 | 762 | 797 | 745 | 605 | 552 | 520 | 519 | 380 | 320 | 310 | 316 | 309 | |
| 695 | 596 | 637 | 595 | 645 | 756 | 839 | 622 | 629 | 531 | 606 | 676 | 774 | |
| 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 | 1,608 |
| 140 | 90 | 99 | 431 | 414 | 412 | 311 | 236 | 230 | 133 | 154 | 192 | 220 | |
| CWIP | 117 | 130 | 139 | 95 | 97 | 94 | 95 | -0 | -0 | -0 | 2 | 0 | 0 |
| Investments | 299 | 299 | 301 | 1 | 1 | 1 | 1 | 0 | 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 | 1,388 | |
| 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 | 1,608 |
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 |
| Free Cash Flow | -37 | -47 | 77 | 244 | 111 | 157 | 46 | -46 | 82 | 120 | 48 | 40 |
| CFO/OP | -42% | -191% | 172% | 275% | 144% | 293% | -87% | -274% | 99% | 29% | 85% | 137% |
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% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2020 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Order Book INR Cr |
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| Number of Completed Projects (Cumulative) Projects ・Standalone data |
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| Total Built-up Area Delivered (Cumulative) Million sq ft ・Standalone data |
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| Ongoing Projects Area Million sq ft ・Standalone data |
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| Workforce Strength Employees ・Standalone data |
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| Target Share of Government Projects in Order Book % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4h - Opening of a special window for transfer and dematerilisation of physial securities
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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.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
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Closure of Trading Window
31 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ended Mar 31, 2026.
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Transmission Of Shares And Change In Promoter Group Classification
19 Mar - 76968 shares transmitted from deceased promoter Aradhana Kashyap to heir Saurabh Kashyap; promoter classification updated 19-Mar-2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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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.