B.L. Kashyap & Sons Q1FY27 net profit at ₹10.00 Cr; EBITDA margin expands

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Reviewed by
Ashish TScanX News Team
Key Highlights

B.L. Kashyap & Sons Limited reported a consolidated net profit of ₹10.00 crore for Q1FY27, down slightly from ₹10.85 crore in Q1FY26, despite an expansion in EBITDA margins to 8.28%. Consolidated revenue increased to ₹345.12 crore from ₹336.42 crore year-on-year. The company secured new orders worth ₹272 crore, bringing its total order book to ₹4,712 crore.

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B.L. Kashyap & Sons Limited reported a consolidated net profit of ₹10.00 crore for the first quarter of FY27, driven by an expansion in EBITDA margins to 8.28% from 7.72% in the corresponding quarter of the previous year. The infrastructure developer recorded consolidated revenue from operations of ₹345.12 crore, up from ₹336.42 crore in Q1FY26. While profitability improved on an operational basis, net profit declined slightly from ₹10.85 crore in Q1FY26 due to higher tax provisions and lower other income. The company maintains a robust order book of ₹4,712 crore as of June 30, 2026, providing strong visibility for future revenue realization across commercial and residential segments.

The Board of Directors approved the unaudited financial results on August 12, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory Auditors Sood Brij & Associates conducted a limited review of the financial statements under Standard on Review Engagements (SRE) 2410. The results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34).

Financial Performance Overview

The following table summarizes the key financial metrics for the quarter across standalone and consolidated bases:

Metric: Standalone (₹ in Crores) Consolidated (₹ in Crores)
Revenue from Operations: 341.97 345.12
Gross Margin: 60.71% 62.29%
EBITDA: 28.92 28.58
EBITDA Margin: 8.46% 8.28%
Profit Before Tax: 15.23 14.28
Net Profit: 10.88 10.00

Standalone revenue from operations stood at ₹341.97 crore for the quarter ended June 30, 2026, compared to ₹332.85 crore in the same period last year. Standalone EBITDA rose to ₹28.92 crore from ₹25.84 crore year-on-year, with margins expanding to 8.46% from 7.76%. Standalone net profit increased slightly to ₹10.88 crore from ₹10.72 crore in Q1FY26.

On a consolidated basis, revenue from operations totaled ₹345.12 crore, an increase from ₹336.42 crore in the corresponding quarter of the previous year. Total expenses were managed effectively, leading to a profit before tax of ₹14.28 crore. After tax provisions of ₹4.28 crore, consolidated net profit was ₹10.00 crore.

Strategic Priorities and Order Book

The company secured new orders worth ₹272 crore during the current quarter. The order book is diversified, with Commercial/Institutional projects accounting for 54.35% and Residential projects making up 45.65%. Geographically, Haryana remains the largest contributor with 46.89% of the order book, followed by Tamil Nadu (21.36%) and Karnataka (19.91%).

Key ongoing projects include Mall of India DLF Downtown Phase-2 in Gurgaon (₹760.56 crore) and BPTP Amstoria Verti Greens in Gurgaon (₹620.10 crore). The company is also strategically increasing participation in government projects, particularly in the railway sector, leveraging experience from completed projects like Sabarmati Terminal and Gomti Nagar Railway Station.

What the Numbers Show

The improvement in both standalone and consolidated EBITDA margins indicates enhanced operational efficiency and better cost control in material consumption and construction expenses. While other income decreased significantly from ₹2.71 crore to ₹1.00 crore on a consolidated basis, core operational profitability drove the bottom line. The substantial order book of ₹4,712 crore provides a strong foundation for future revenue stability, with a balanced mix of commercial and residential segments mitigating sector-specific risks.

Historical Stock Returns for B L Kashyap & Sons

1 Day5 Days1 Month6 Months1 Year5 Years
-2.39%-0.72%-0.96%+12.05%-20.89%+120.44%

How will the strategic pivot towards government railway projects impact B.L. Kashyap's revenue recognition cycles and cash flow stability compared to its traditional commercial developments?

Given the decline in consolidated net profit despite higher EBITDA, what specific measures is management taking to mitigate the volatility in 'other income' and optimize tax provisions?

With Haryana contributing nearly 47% of the order book, how exposed is the company to regional regulatory changes or market saturation, and what is the timeline for diversifying into new geographies?

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
-2.39%-0.72%-0.96%+12.05%-20.89%+120.44%

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?

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1 Year Returns:-20.89%