B.L Kashyap & Sons Increasing Strength Can Be Held For Long-Term
B.L.Kashyap & Sons Ltd is an EPC company engaged in the business of Construction of Buildings High-Rise Residential and Commercial Complexes, IT Parks, Institutional Buildings.
Total: 1,733.68 Cr Order value
Company has delivered good profit growth of 71.0% CAGR over last 5 years
Projects
• More than three decades of rich expertise.
• Completed 250 + projects and more than
140 million sq. ft.
Design Build Projects
• National High-Speed Railways
• Sabarmati Station
• DLF Downtown
• Embassy Flipkart
• Redevelopment of Gomti Nagar Station
• Hero Honda Motor Plant
• Jaipur & Chennai Metro
Company coming out of CDR – Moving towards Zero
Debt
• In the light of global meltdown during 2010 -13
operations of BLK were impacted resulting in
stress on the company
• BLK entered CDR in 2014
• Currently the company has no long-term debt and
has pared its consolidated debt.
• Reduction of Debt from 700 to ~ 270
• Currently the company only has CC and BG limits
De-risking business model – Residential to Commercial & Governmen
• Company has been awarded total orders during financial year 2022-23 to the
tune of Rs. 818.9 Cr
• The order book closed at Rs. 2402 crore for the year ended March 31, 2023
• Orders worth approx. INR 658 crore and INR 247 crore awarded during the first
and second quarter of FY2023 - 24
• Ending 30th June 2023 and the order book stood at approx. Rs. 2838 cr.
• Total Order Book stands at Rs. 3005 Cr as of September 2023
• During the quarter, orders were received across multiple segments like railways,
business parks, educational institutions, and residential complex
Growth driven to Profitability focus
• The company has planned capex of approximately
INR 25 crores during FY24. Capex for FY22 and FY23
was Rs. 8 Cr and Rs. 19 Cr respectively
• BLK is looking at increasing its footprint in the
infrastructure space related to its core business,
which is high quality structures and their associated
works.
Total: 1,733.68 Cr Order value
Company has delivered good profit growth of 71.0% CAGR over last 5 years
Projects
• More than three decades of rich expertise.
• Completed 250 + projects and more than
140 million sq. ft.
Design Build Projects
• National High-Speed Railways
• Sabarmati Station
• DLF Downtown
• Embassy Flipkart
• Redevelopment of Gomti Nagar Station
• Hero Honda Motor Plant
• Jaipur & Chennai Metro
Company coming out of CDR – Moving towards Zero
Debt
• In the light of global meltdown during 2010 -13
operations of BLK were impacted resulting in
stress on the company
• BLK entered CDR in 2014
• Currently the company has no long-term debt and
has pared its consolidated debt.
• Reduction of Debt from 700 to ~ 270
• Currently the company only has CC and BG limits
De-risking business model – Residential to Commercial & Governmen
• Company has been awarded total orders during financial year 2022-23 to the
tune of Rs. 818.9 Cr
• The order book closed at Rs. 2402 crore for the year ended March 31, 2023
• Orders worth approx. INR 658 crore and INR 247 crore awarded during the first
and second quarter of FY2023 - 24
• Ending 30th June 2023 and the order book stood at approx. Rs. 2838 cr.
• Total Order Book stands at Rs. 3005 Cr as of September 2023
• During the quarter, orders were received across multiple segments like railways,
business parks, educational institutions, and residential complex
Growth driven to Profitability focus
• The company has planned capex of approximately
INR 25 crores during FY24. Capex for FY22 and FY23
was Rs. 8 Cr and Rs. 19 Cr respectively
• BLK is looking at increasing its footprint in the
infrastructure space related to its core business,
which is high quality structures and their associated
works.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.