B.L.Kashyap & Sons Ltd

B.L.Kashyap & Sons Ltd

₹ 80.4 -2.13%
27 Feb 3:46 p.m.
About

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]

Key Points

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.

  • Market Cap 1,811 Cr.
  • Current Price 80.4
  • High / Low 88.9 / 26.1
  • Stock P/E 62.4
  • Book Value 20.7
  • Dividend Yield 0.00 %
  • ROCE 13.8 %
  • ROE 9.98 %
  • Face Value 1.00

Pros

Cons

  • Stock is trading at 3.98 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.86% over past five years.
  • Company has a low return on equity of 5.65% over last 3 years.
  • Promoters have pledged 99.5% 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.

Peer comparison

Sector: Construction Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
240.34 292.26 241.28 314.16 277.82 324.25 288.59 292.70 252.77 275.92 252.73 326.62 324.00
215.51 270.99 217.19 279.01 251.53 319.39 256.66 272.00 230.76 252.75 228.18 297.56 300.44
Operating Profit 24.83 21.27 24.09 35.15 26.29 4.86 31.93 20.70 22.01 23.17 24.55 29.06 23.56
OPM % 10.33% 7.28% 9.98% 11.19% 9.46% 1.50% 11.06% 7.07% 8.71% 8.40% 9.71% 8.90% 7.27%
-0.25 7.41 0.16 0.78 -3.11 42.94 0.39 5.13 8.56 -30.08 2.71 1.02 0.89
Interest 15.17 18.33 12.55 14.11 12.13 16.02 13.08 12.76 12.16 13.46 10.97 10.59 11.79
Depreciation 2.73 2.70 2.64 2.63 2.58 2.56 2.51 2.54 2.40 2.29 2.43 2.52 2.63
Profit before tax 6.68 7.65 9.06 19.19 8.47 29.22 16.73 10.53 16.01 -22.66 13.86 16.97 10.03
Tax % 42.81% 578.30% 31.35% 29.49% 31.40% 37.03% 29.83% 45.49% -128.54% -40.91% 28.21% 29.29% 31.01%
3.82 -36.58 6.21 13.53 5.80 18.40 11.73 5.74 36.59 -31.93 9.96 11.99 6.91
EPS in Rs 0.17 -1.62 0.28 0.60 0.26 0.82 0.52 0.25 1.62 -1.42 0.44 0.53 0.31
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,960 1,543 1,349 834 860 924 1,012 769 820 762 1,158 1,110 1,179
1,884 1,436 1,296 816 792 834 927 713 799 699 1,067 1,012 1,079
Operating Profit 76 107 53 19 68 89 85 57 21 63 90 98 100
OPM % 4% 7% 4% 2% 8% 10% 8% 7% 3% 8% 8% 9% 9%
19 23 -65 31 23 0 31 5 -22 7 41 -16 -25
Interest 75 93 97 81 82 83 77 59 69 59 55 51 47
Depreciation 27 26 23 47 21 13 12 12 12 11 10 10 10
Profit before tax -7 12 -132 -78 -12 -6 27 -10 -82 -1 66 21 18
Tax % 18% 27% 36% 26% 48% 181% 23% 34% 23% -8,490% 33% -7%
-6 8 -85 -58 -6 5 21 -6 -63 -58 44 22 -3
EPS in Rs -0.27 0.41 -4.14 -2.82 -0.29 0.24 0.98 -0.28 -2.79 -2.59 1.95 0.98 -0.14
Dividend Payout % -19% 12% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: 2%
3 Years: 11%
TTM: 2%
Compounded Profit Growth
10 Years: 20%
5 Years: 16%
3 Years: 55%
TTM: -17%
Stock Price CAGR
10 Years: 31%
5 Years: 28%
3 Years: 79%
1 Year: 191%
Return on Equity
10 Years: 0%
5 Years: 2%
3 Years: 6%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 21 21 21 21 21 21 22 23 23 23 23 23 23
Reserves 521 528 444 384 379 414 476 493 436 357 400 422 444
634 638 682 762 797 745 605 552 520 519 380 320 309
844 832 695 596 637 595 645 756 839 622 629 531 550
Total Liabilities 2,020 2,019 1,841 1,762 1,833 1,774 1,748 1,824 1,818 1,520 1,432 1,295 1,326
180 159 140 90 99 431 414 412 311 236 230 133 142
CWIP 145 106 117 130 139 95 97 94 95 0 0 0 1
Investments 256 302 299 299 301 1 1 1 1 0 0 0 0
1,439 1,452 1,285 1,244 1,294 1,247 1,236 1,316 1,412 1,284 1,202 1,162 1,183
Total Assets 2,020 2,019 1,841 1,762 1,833 1,774 1,748 1,824 1,818 1,520 1,432 1,295 1,326

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
100 215 -23 -35 117 245 117 164 -23 -181 87 20
-87 -8 -14 1 -34 -3 -22 -2 84 142 -14 110
-32 -205 35 40 -89 -243 -45 -160 -60 52 -69 -110
Net Cash Flow -19 2 -2 5 -7 -1 50 2 2 14 5 19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 99 111 107 169 187 156 127 176 171 210 110 138
Inventory Days 204 286 259 414 384 333 261 372 347 201 240
Days Payable 140 143 150 188 163 118 152 170 179 116 145
Cash Conversion Cycle 163 254 215 396 407 371 236 378 339 210 195 234
Working Capital Days 75 116 133 235 242 151 89 135 173 233 140 158
ROCE % 6% 9% 4% 0% 6% 7% 9% 5% 2% 8% 10% 14%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
61.52% 61.52% 61.52% 61.52% 61.55% 61.55% 61.55% 61.56% 61.58% 61.61% 61.65% 61.65%
0.20% 0.39% 1.10% 0.40% 0.40% 0.40% 0.46% 0.54% 0.22% 0.43% 0.35% 0.30%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.00% 0.00% 0.00%
38.28% 38.09% 37.38% 38.08% 38.05% 38.05% 37.99% 37.91% 38.11% 37.96% 38.00% 38.04%
No. of Shareholders 19,29420,33519,57130,21829,34328,36126,70125,32524,60225,09926,22530,430

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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