B.L. Kashyap & Sons fixes Sep 23 record date for 37th AGM

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Reviewed by
Shriram SScanX News Team
Key Highlights

B.L. Kashyap and Sons Limited has announced September 23, 2026, as the record date for its 37th Annual General Meeting. The company’s register of members will be closed from September 24 to September 30, 2026. The AGM will be held on September 30, 2026, via video conferencing, in accordance with SEBI Listing Regulations.

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B.L. Kashyap and Sons Limited has set September 23, 2026, as the record date for shareholders eligible to attend its 37th Annual General Meeting (AGM). The company confirmed that the Register of Members and Share Transfer Books will remain closed from Thursday, September 24, 2026, through Wednesday, September 30, 2026, both days inclusive. This closure ensures an accurate determination of shareholder entitlements for voting and participation in the upcoming meeting.

The 37th AGM is scheduled to take place on Wednesday, September 30, 2026. The company stated that the meeting will be conducted through Video Conferencing or Other Audio Visual means, in compliance with regulatory guidelines allowing remote participation. Shareholders holding units on the record date will be entitled to exercise their voting rights during this session.

Key Dates and Details

The following table outlines the critical dates and logistical details for the 37th AGM:

Event Date Mode
Record Date September 23, 2026 N/A
Book Closure Start September 24, 2026 N/A
Book Closure End September 30, 2026 N/A
37th AGM Date September 30, 2026 Video Conferencing/OAVM

Regulatory Compliance

The intimation regarding the book closure and record date was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015. This regulation mandates timely disclosure of such dates to ensure transparency and allow investors adequate notice to plan their participation or share transfers accordingly.

The communication was signed by Pushpak Kumar, Vice President and Company Secretary of B.L. Kashyap and Sons Limited, and submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on August 12, 2026. The company’s ISIN code is INE350H01032, and it trades under the symbol BLKASHYAP on the exchanges.

Historical Stock Returns for B L Kashyap & Sons

1 Day5 Days1 Month6 Months1 Year5 Years
-2.68%-1.00%-1.25%+11.72%-21.12%+119.80%

What specific agenda items, such as dividend declarations or board appointments, are expected to be discussed at the 37th AGM?

How might the temporary suspension of share transfers during the book closure period impact short-term trading liquidity for BLKASHYAP?

Will the company provide any forward-looking guidance on its financial performance or strategic initiatives during the virtual meeting?

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

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Reviewed by
Shriram SScanX News Team
Key Highlights

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.

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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
-2.68%-1.00%-1.25%+11.72%-21.12%+119.80%

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?

More News on B L Kashyap & Sons

1 Year Returns:-21.12%