📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
B. L. Kashyap Secures ₹300 Crore Order for Housing Project in Greater Noida
B. L. Kashyap and Sons Limited has bagged a domestic contract worth ₹300 Crores from CRC Greens Private Limited. The project entails the construction and supervision of civil structural works for a group housing project located in Greater Noida, Uttar Pradesh. The contract is expected to be executed over a period of approximately 42 months. This new order adds significant value to the company's existing order book and provides long-term revenue visibility.
Key Highlights
New order worth ₹300 Crores (excluding GST) secured from CRC Greens Private Limited
Scope includes civil structural works for a group housing project in Greater Noida
Project execution timeline is approximately 42 months
The contract is a domestic order with no promoter interest or related party involvement
💼 Action for Investors
Investors should view this as a positive development for the company's order book and future revenue. Monitor the company's quarterly execution progress and operating margins to ensure the project remains profitable over its 3.5-year tenure.
BL Kashyap Q3 FY26 Revenue at ₹323.87 Cr; Order Book Strong at ₹5,293 Cr
B. L. Kashyap and Sons Limited reported a consolidated revenue of ₹323.87 Cr for Q3 FY26 with an EBITDA margin of 8.91%. The company's order book stands at a robust ₹5,293 Cr, supported by new order wins worth ₹3,258 Cr in the current financial year. A significant financial turnaround is highlighted by the reduction of fund-based debt from ₹700 Cr to ₹270 Cr, with no outstanding term loans. The company is strategically diversifying its portfolio, targeting a 25% share of government projects by FY27.
Key Highlights
Consolidated Revenue for Q3 FY26 reached ₹323.87 Cr with a PAT of ₹11.83 Cr.
Total order book as of December 31, 2025, stands at ₹5,293 Cr, with ₹3,258 Cr added in the current FY.
Fund-based debt significantly reduced to ₹270 Cr from ₹700 Cr, leaving only working capital and BG limits.
Planned capex of ₹55 Cr for FY26 is nearly complete with ₹48 Cr already incurred.
Major ongoing projects include BPTP Amstoria (₹910 Cr) and DLF Downtown Phase 2 (₹841 Cr).
💼 Action for Investors
Investors should focus on the company's execution capabilities regarding its ₹5,293 Cr order book and the improving margin profile. The successful debt reduction and shift towards a balanced private-public sector mix signal a strong recovery phase.
BL Kashyap Q3 Net Profit Jumps to ₹11.83 Cr; Consolidated Revenue Up 34% YoY
B. L. Kashyap and Sons Limited reported a strong financial performance for Q3 FY2025-26, with consolidated revenue from operations rising 34.3% YoY to ₹324.77 crore. The consolidated net profit witnessed a massive surge to ₹11.83 crore, compared to a marginal profit of ₹0.12 crore in the same quarter last year. Standalone net profit also showed significant improvement, reaching ₹10.92 crore against ₹0.94 crore YoY. The results were achieved despite a one-time non-recurring employee cost of ₹2.83 crore due to the implementation of the New Wage Code.
Key Highlights
Consolidated Revenue from operations grew 34.3% YoY to ₹324.77 crore in Q3 FY26.
Consolidated Net Profit surged to ₹11.83 crore from ₹0.12 crore in the year-ago period.
Standalone EPS increased significantly to ₹0.48 from ₹0.04 in Q3 FY25.
Nine-month consolidated total income crossed the ₹1,000 crore mark, reaching ₹1,021.07 crore.
Results include a one-time incremental employee benefit cost of ₹2.83 crore related to the New Wage Code.
💼 Action for Investors
The significant jump in profitability and robust revenue growth indicate strong execution and improved operational efficiency. Investors should maintain a positive outlook while monitoring the sustainability of these margins and the company's order book growth.
BL Kashyap Q3 Results: Consolidated Net Profit Surges to ₹11.83 Cr; Revenue up 34% YoY
B. L. Kashyap and Sons Limited reported a strong year-on-year performance for the quarter ended December 31, 2025. Consolidated revenue grew by 34.3% YoY to ₹324.77 crore, while net profit saw a massive jump to ₹11.83 crore compared to just ₹1.12 crore in the same period last year. The company successfully turned around from a consolidated loss of ₹8.52 crore in the preceding quarter (Q2 FY26). The results were achieved despite a one-time non-recurring cost of ₹2.83 crore related to the implementation of the New Wage Code.
Key Highlights
Consolidated Revenue from operations rose 34.3% YoY to ₹324.77 crore.
Consolidated Net Profit increased to ₹11.83 crore from ₹1.12 crore in Q3 FY25.
Standalone Net Profit surged to ₹10.92 crore from ₹0.94 crore in the year-ago quarter.
One-time incremental cost of ₹2.83 crore incurred due to New Wage Code implementation.
Basic Earnings Per Share (EPS) improved significantly to ₹0.52 from ₹0.05 YoY.
💼 Action for Investors
Investors should view this as a strong recovery in profitability and operational scale. The significant YoY growth in both standalone and consolidated bottom lines suggests improved execution efficiency, making the stock worth watching for further margin stability.
B.L. Kashyap Secures ₹364.07 Crore Order for Commercial Project in Chennai
B. L. Kashyap and Sons Limited has secured a significant domestic order worth ₹364.07 Crores from ESNP Property Builders and Developers Pvt. Ltd. The contract involves civil and structural work for the 'Embassy Splendid Tech Zone- Block' located in Pallavaram, Chennai. This project is part of a Special Economic Zone (SEZ) and is expected to be executed over a period of approximately 24 months. This win strengthens the company's order book and provides clear revenue visibility for the upcoming two fiscal years.
Key Highlights
New order worth ₹364.07 Crores secured for civil and structural works
Project awarded by ESNP Property Builders and Developers Pvt. Ltd. for a Chennai-based commercial site
Execution timeline is approximately 24 months from the date of commencement
The contract pertains to an SEZ project, specifically the Embassy Splendid Tech Zone
No promoter interest or related party transactions involved in the contract award
💼 Action for Investors
Investors should monitor the company's execution progress and margin performance as this order adds to the revenue pipeline. The stock may see positive momentum due to improved order book visibility.
CRISIL Upgrades B. L. Kashyap and Sons' Credit Rating to BB-/Stable on ₹539.34 Cr Facilities
CRISIL Ratings has upgraded the long-term credit rating of B. L. Kashyap and Sons Limited to 'CRISIL BB-/Stable' from 'CRISIL B+/Stable'. The short-term rating has also been improved to 'CRISIL A4+' from 'CRISIL A4'. This upgrade covers total bank loan facilities amounting to ₹539.34 crore across multiple lenders including SBI, PNB, and Canara Bank. The revision indicates a positive shift in the company's creditworthiness and financial risk profile.
Key Highlights
Long-term rating upgraded to 'CRISIL BB-/Stable' from 'CRISIL B+/Stable'
Short-term rating upgraded to 'CRISIL A4+' from 'CRISIL A4'
Total bank loan facilities rated stand at ₹539.34 crore
Major facilities include ₹136.2 crore cash credit and ₹130 crore bank guarantee from State Bank of India
The upgrade reflects an improved likelihood of timely payment of financial obligations
💼 Action for Investors
This upgrade is a positive signal regarding the company's debt-servicing capabilities and may lead to lower borrowing costs. Investors should monitor if this improved credit profile translates into better net margins in the coming quarters.
BLKASHYAP bags order worth ₹615.69 Crores
B. L. Kashyap and Sons Limited has secured a new order worth ₹615.69 Crores (Exclusive of GST) from Sattva CKC Private Limited. The order is for structural and civil work for a commercial project named “Sattva Chennai Knowledge City” at Chennai, Tamilnadu. The project is expected to be completed in approximately 31 months. This new order will contribute to the company's revenue over the next few years.
Key Highlights
Secured order worth ₹615.69 Crores (Exclusive of GST)
Order awarded by Sattva CKC Private Limited
Project to be completed in approximately 31 months
Order is for Structural and Civil work for Commercial project
💼 Action for Investors
Investors should monitor the company's progress on this project and its impact on future revenue. This order adds to the company's order book and provides revenue visibility.