B L Kashyap And Sons Limited has demonstrated a remarkable financial turnaround in its Q3 FY26 results, showcasing strong operational performance and significant debt reduction. The construction major released its investor presentation highlighting substantial improvements across key financial metrics and strategic positioning for future growth.

Strong Financial Performance in Q3 FY26

The company delivered impressive consolidated financial results for Q3 FY26, marking a significant recovery from the previous year's performance.

The revenue growth of 33.91% year-on-year demonstrates the company's successful execution of projects and improved market positioning. The gross margin expansion from 14.67% to 20.80% reflects enhanced operational efficiency and better project mix.

Significant Debt Transformation

B L Kashyap has achieved a major milestone in its debt restructuring journey, successfully reducing fund-based debt from approximately ₹700 crores to ₹270 crores. The company currently maintains only cash credit facilities with no term loans outstanding. This debt reduction has been accompanied by a credit rating upgrade to CRISIL BB-/Stable/A4, reflecting improved financial stability and creditworthiness.

Robust Order Book and New Wins

The company maintains a strong order book position with total orders of ₹5,293 crores as of December 31, 2025. During the current financial year, B L Kashyap secured new orders worth ₹3,258 crores, demonstrating continued market confidence and business momentum.

Top Ongoing Projects

Diversified Portfolio and Geographic Presence

The company's order book reflects a well-balanced portfolio across sectors, with commercial projects accounting for 52.13%, residential projects 42.88%, and institutional projects 4.99%. Geographically, Haryana leads with 54.75% of the order book, followed by Karnataka at 19.48% and Tamil Nadu at 18.41%.

Strategic Focus Areas for FY26-27

B L Kashyap has outlined several strategic priorities for the coming years, including targeting 25% government projects by FY27, advancing composite steel construction to reduce labor dependency, and focusing on workforce development through internal training programs. The company has planned a capex of ₹55 crores for FY26, with ₹48 crores already incurred, focusing on innovation, upskilling, and fixed assets.

Operational Highlights

With over 36 years of experience, B L Kashyap has completed 250+ projects across India, covering approximately 140 million square feet of built-up area. The company maintains a workforce of 1,300+ skilled professionals and continues to strengthen its position in key markets including NCR, Bengaluru, and emerging opportunities in Tamil Nadu and other states.

B.L. Kashyap and Sons Limited has announced that its Board of Directors will convene on February 11, 2026, to review and approve the company's third quarter financial performance for fiscal year 2026. The meeting represents a key milestone in the company's quarterly reporting cycle as it prepares to release its unaudited financial results.

Board Meeting Details

The formal announcement, made on February 2, 2026, outlined the specific agenda and timing for the upcoming board session. The meeting has been scheduled in accordance with regulatory requirements and will address critical financial matters for the reporting period.

Regulatory Compliance

The board meeting announcement was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates that listed companies provide advance notice to stock exchanges regarding board meetings where financial results will be considered. The company has fulfilled this obligation by notifying both major stock exchanges where its shares are listed.

Stock Exchange Communication

B.L. Kashyap and Sons Limited has formally communicated the board meeting schedule to both BSE Limited and National Stock Exchange of India Limited. The company's securities are identified by specific codes on each exchange, facilitating proper regulatory compliance and investor communication.

Corporate Governance

The announcement was signed by Pushpak Kumar, who serves as Vice President and Company Secretary with membership number F-6871. The digital signature authentication confirms the document's authenticity and demonstrates the company's commitment to proper corporate governance practices. The formal communication process reflects the company's adherence to transparency requirements and regulatory compliance standards in its investor relations activities.