B. L. Kashyap and Sons Ltd

Order details

• Awarding entity: Realkraft Ventures LLP (Century Group), domestic.
• Nature: Civil and structural works for residential building.
• Contract value: ₹183.18 crores exclusive of GST.
• Execution period: approximately 18 months.
• LOI accepted on 19.08.2026 at 03:53 PM.
• Promoter group interest: none; related party none.

Business Overview

• EPC contractor with pan-India presence; completed 255+ projects.
• Diverse client base across private and public sector contracts.
• Digitized operations: in-house MEP, ERP, drone, and AI integration.
• Strategic initiatives include monetizing non-core assets and expanding government projects.
• Order book ₹4,712 Cr as of 30 Jun 2026.
• Planned FY27 capex ₹65 Cr targeting fixed assets and innovation.

Key Operational Highlights

• New orders worth ₹272 Cr secured in the current quarter.
• Order book ₹4,712 Cr; NCR, Haryana, Tamil Nadu, Karnataka major contributors.
• Top ongoing projects include Mall of India DLF Downtown Phase-2 (₹760.56 Cr).
• Geographic spread highlights NCR, Bengaluru, Tamil Nadu; Haryana also significant.
• Delivered 2 data centers; portfolio scalable.
• Total built-up area around 140 million sq ft.
• Workforce strength 1300+.
• Strategic focus on innovation and upskilling.

Financial Performance

• Consolidated revenue for Q1 FY27: ₹345.12 Cr.
• Gross margin 18.05%; EBITDA 28.58 Cr; EBITDA margin 8.28%.
• PAT ₹10.02 Cr; PAT margin 2.90%.
• Consolidated assets ₹1,661.64 Cr; equity & reserves ₹526.76 Cr.
• Total borrowings: non-current ₹42.48 Cr; current ₹256.63 Cr; cash ₹43.39 Cr.
• Order book ₹4,712 Cr; new orders ₹272 Cr in quarter.

Capital Structure & Liquidity

• Debt reduction: from ₹700 Cr to ₹270 Cr (2014–2025).
• Cash credit facility only.
• Liquidity: cash ₹43.39 Cr; current borrowings ₹256.63 Cr.

Strategic Priorities & Outlook

• Monetize non-core assets by FY27.
• Increase share of government projects.
• Advance composite steel construction to reduce labour dependency.
• Growth in commercial mixed-use and high-end residential projects.
• Deliver 2 data centers; scale portfolio.
• FY27 capex ₹65 Cr; focus on innovation and fixed assets.
• Wizards workforce development program.

Governance & Leadership

• Vinod Kashyap: Chairman and MD.
• Vineet Kashyap and Viekram Kashyap among leadership.

Business Overview

• EPC contractor with pan-India operations including NCR and Bengaluru offices.
• 255+ projects completed across India.
• Order book stands at ₹4,712 Cr as of 30 June 2026.
• Digitized operations with in-house MEP, ERP, drone, AI integration.
• Planned FY27 capex of ₹65 Cr for innovation and fixed assets.
• Workforce of 1,300+ skilled professionals.

Key Operational Highlights

• Top ongoing projects include Mall of India DLF Downtown Phase 2 (₹760.56 Cr).
• Sattva Knowledge City Chennai (₹615.69 Cr) among top projects.
• New orders secured ₹282 Cr in the current quarter.
• Delivered 2 data centers and positioned to scale this portfolio.
• Pan-India presence with offices in NCR and Bengaluru.

Financial Performance

• Consolidated Q1 FY27 revenue ₹345.12 Cr; PAT ₹10.02 Cr.
• Gross margin 18.05%; EBITDA ₹28.58 Cr; PAT margin 2.90%.
• Standalone Q1 FY27 revenue ₹341.97 Cr; EBITDA ₹28.92 Cr; PAT ₹10.88 Cr.
• Cash and bank balance ₹42.17 Cr; standalone assets ₹1,917.31 Cr.
• Consolidated assets ₹1,661.64 Cr; standalone equity & reserves ₹746.46 Cr; consolidated ₹526.76 Cr.
• Non-current borrowings ₹27.17 Cr; current borrowings ₹255.06 Cr; total ₹~282 Cr.

Capital Structure & Liquidity

• Fund-based debt reduced from ₹700 Cr (2014) to ₹270 Cr (2025).
• Only cash credit facility; no explicit term debt disclosed.
• Liquidity supported by cash balance and modest borrowings.

Strategic Priorities & Outlook

• Monetize non-core assets to strengthen balance sheet by FY27.
• Increase share of government projects.
• Advance composite steel construction to reduce labour dependency.
• Growth in commercial mixed-use and high-end residential segments.
• Workforce development via BLK Wizards; scale data centers.

Geographical Spread

• Haryana, Tamil Nadu, and Karnataka largest order-book contributors.
• NCR remains a critical market; Bengaluru hub for large opportunities.

Governance & Leadership

• Vinod Kashyap serves as Chairman and MD; joint leadership includes Vineet Kashyap and Viekram Kashyap.

Book closure and AGM details

• Book closure period: 24 Sep 2026 to 30 Sep 2026 (inclusive) for AGM.
• Purpose: for the 37th Annual General Meeting.
• Record date: 23 Sep 2026 to determine voting entitlement.
• AGM date: 30 Sep 2026, via Video Conferencing/Other Audio Visual means.
• Security: Equity shares.

AGM record date and book closure

• Record date for 37th AGM: 23 September 2026.
• Book closure: 24 September 2026 to 30 September 2026.
• AGM date: 30 September 2026 via video conferencing.

Board approves results

• Board approves unaudited standalone and consolidated results for the quarter ended 30 June 2026.
• Limited review reports enclosed; results uploaded on company website.
• Board meeting held 12:50 p.m. to 1:42 p.m.
• Consolidated group includes BLK Lifestyle Ltd; Security Information System (India) Ltd.
• Soul Space Projects Ltd; Soul Space Realty Ltd; Soul Space Hospitality Ltd.
• Kasturi Ram Herbal Industries; BLK NCC Consortium.

Meeting Details

• Date: 12 August 2026 (Wednesday)
• Time: Not disclosed
• Location: Not disclosed

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended 30 June 2026

Other Notes

• Trading window closure periods are not specified in the filing.

Order Award Details

• Awarding entity: Embassy Development Ltd.
• Scope: Civil and structural works for Verde Phase II, Bengaluru.
• Contract value: ₹91.57 crores, excluding GST.
• Domestic awarding entity.
• Completion period: approx. 17 months from LOI.
• Promoter interest: No promoter group interest.
• Related party transactions: Not applicable.
• LOI acceptance: 28 July 2026 at 4:17 pm.