B.L. Kashyap FY26 profit falls 94% despite revenue rise

2 min read     Updated on 29 May 2026, 08:38 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

B.L. Kashyap and Sons Limited reported a 94% decline in consolidated net profit to ₹1.55 crore for FY26, despite a rise in total income to ₹1,40,070.63 lakh. Q4 operating profitability improved significantly with EBITDA surging to ₹26.92 crore, though a net loss of ₹12.52 crore was recorded due to exceptional items of ₹37.82 crore, including provisions for Right of Recompense and arbitration settlements.

powered bylight_fuzz_icon
41503682

*this image is generated using AI for illustrative purposes only.

B.L. Kashyap and Sons Limited reported a consolidated net profit of ₹1.55 crore for the financial year ended March 31, 2026, a significant decline of 94% from ₹27.48 crore in the previous year. The company recorded a total income of ₹1,40,070.63 lakh for FY26, an increase from ₹1,18,060.51 lakh in FY25, primarily due to a rise in revenue from operations to ₹1,37,913.66 lakh. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. Statutory auditors issued an unmodified opinion on the results, which were prepared in accordance with Indian Accounting Standards (Ind AS).

Financial Performance

The standalone financial results for FY26 showed a net profit of ₹18.58 crore, down from ₹35.92 crore in the previous year. Revenue from operations for the standalone entity increased to ₹1,34,791.28 lakh from ₹1,14,229.67 lakh in FY25. The company reported a basic earnings per share (EPS) of ₹0.82 for the year, compared to ₹1.59 in the prior year. The following table summarises the consolidated financial performance for the full year:

Consolidated Results (₹ in Lakhs)

Particulars: Year Ended March 31, 2026 Year Ended March 31, 2025
Revenue from Operations: 1,37,913.66 1,15,363.32
Total Income: 1,40,070.63 1,18,060.51
Total Expenses: 1,33,558.30 1,14,902.48
Profit for the Period: 154.72 2,747.52

Q4 Consolidated Performance

For the quarter ended March 31, 2026, B.L. Kashyap and Sons delivered a notable improvement in operating profitability. Q4 EBITDA rose to ₹26.92 crore from ₹7.27 crore in the same quarter of the previous year, while the EBITDA margin expanded to 7.40% from 2.47% year-on-year. The company also reported a consolidated profit before tax (PBT) of ₹10.83 crore for the quarter, compared to a profit of ₹6.63 crore in the corresponding period. Q4 consolidated revenue stood at ₹363.71 crore versus ₹294.18 crore in the corresponding period, indicating healthy top-line growth. However, the quarter recorded a consolidated net loss of ₹12.52 crore, impacted by exceptional items amounting to ₹37.82 crore.

Q4 Consolidated Key Metrics

Metric: Q4 FY26 Q4 FY25
Revenue: ₹363.71 Cr ₹294.18 Cr
EBITDA: ₹26.92 Cr ₹7.27 Cr
EBITDA Margin: 7.40% 2.47%
Profit Before Tax: ₹10.83 Cr ₹6.63 Cr
Net Profit/(Loss) (₹ Cr): (12.52) (3.22)

Exceptional Items and Provisions

The financial results include exceptional items of ₹37.82 crore for the quarter and year ended March 31, 2026. This includes an additional provision of ₹20 crore recognised towards the Right of Recompense (ROR) to participant lenders, pending quantification. The balance amount of ₹17.82 crore represents the amount written off from Contract Assets pursuant to an arbitration settlement. Employee benefit expenses for the year included a one-time incremental cost of ₹2.74 crore arising from the implementation of the New Wage Code.

Assets and Liabilities

The consolidated total assets as of March 31, 2026, stood at ₹1,66,164.25 lakh, up from ₹1,51,566.73 lakh in the previous year. Total equity and liabilities increased to ₹1,66,164.25 lakh, with current liabilities rising to ₹96,821.89 lakh from ₹83,410.48 lakh. The company's cash and cash equivalents decreased to ₹2,151.02 lakh from ₹2,188.17 lakh at the end of FY25.

Historical Stock Returns for B L Kashyap & Sons

1 Day5 Days1 Month6 Months1 Year5 Years
+1.16%-2.65%+4.11%+9.28%-24.05%+174.36%

What is the expected timeline for quantifying the additional ₹20 crore provision for the Right of Recompense, and could further provisions be required?

Will the operating profitability improvements seen in Q4 FY26 be sustainable into the next financial year given the exceptional items?

How will the significant decline in cash and cash equivalents impact the company's ability to fund ongoing operations and working capital requirements?

B.L. Kashyap and Sons Schedules Board Meeting on May 28, 2026 to Approve Q4FY26 Financial Results

1 min read     Updated on 14 May 2026, 12:23 PM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

B.L. Kashyap and Sons Limited has intimated stock exchanges on May 14, 2026, of a Board of Directors meeting scheduled for Thursday, May 28, 2026. The meeting, convened under Regulation 29 of the SEBI (LODR) Regulations, 2015, will consider and approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The filing was submitted by VP & Company Secretary Pushpak Kumar.

powered bylight_fuzz_icon
40287192

*this image is generated using AI for illustrative purposes only.

b l kashyap & sons Limited has notified stock exchanges of an upcoming Board of Directors meeting, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed on May 14, 2026, and outlines the scheduled date and agenda for the board's deliberations.

Board Meeting Details

The meeting of the Board of Directors is scheduled to be held on Thursday, May 28, 2026. The key agenda item for the meeting is the consideration and approval of the company's audited financial results for the quarter and year ended March 31, 2026.

The following table summarises the key details of the scheduled board meeting:

Parameter: Details
Meeting Date: Thursday, May 28, 2026
Regulatory Reference: Regulation 29, SEBI (LODR) Regulations, 2015
Agenda: Consider and approve audited financial results (Standalone and Consolidated)
Period Under Review: Quarter and year ended March 31, 2026
Filing Date: May 14, 2026

Regulatory Compliance

The intimation has been submitted in accordance with the applicable SEBI listing regulations, ensuring timely disclosure to both BSE Limited and the National Stock Exchange of India Limited. The filing was signed by Pushpak Kumar, VP & Company Secretary of B.L. Kashyap and Sons Limited.

Historical Stock Returns for B L Kashyap & Sons

1 Day5 Days1 Month6 Months1 Year5 Years
+1.16%-2.65%+4.11%+9.28%-24.05%+174.36%

How might B.L. Kashyap & Sons' FY2026 annual revenue and order book compare to the previous fiscal year, given current infrastructure spending trends in India?

Will the board consider announcing a dividend or any capital allocation strategy alongside the financial results on May 28, 2026?

How could B.L. Kashyap & Sons' financial performance reflect broader trends in India's construction and real estate sector for FY2026?

More News on B L Kashyap & Sons

1 Year Returns:-24.05%