Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 16 Oct - B.L. Kashyap secured ₹200.02 crore civil work order from Nourish Developers for One DXP, Gurugram, over 25 months.
Source: Bse
B. L. Kashyap and Sons Limited (BLKASHYAP)
Small CapInfra stocks · Small cap · NSE
B. L. Kashyap and Sons Limited operates in Construction, within the Infra sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹53.85
-1.09 · -1.98%
Market cap ₹1,200 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result12 Aug, 02:02 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Infra P/E 15.4 (n=87)
Technical timing lens
Trend score and candlestick chart
47NeutralMACD + · sector -2.7pp vs Nifty 500 (3M)
Stock trend: 55
Sector RS: 35
Sector 3M: -8.3% vs Nifty 500 -5.6%
Infra FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
BLKASHYAPD candles · FIT view+1.9%Latest close ₹53.85 on 2026-10-21
Bar
-1.8%
RSI
47
MACD hist
0.16
52W pos
58%
2026-10-21O ₹54.81H ₹55.19L ₹53.20C ₹53.85Vol 3.2L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
BLKASHYAPNifty InfraNifty 500
- BLKASHYAP
- -4.5%
- Nifty 500
- -6.5%
- Nifty Infra
- -8.3%
- Vs Nifty 500
- +2.0 pp
Chart stats
21 Oct 2026- From 52W high
- -15.6%
- 52W range position
- 58%
- ATR (14)
- 6.1%
- Volume vs 20D
- 0.32x
- Avg traded value
- ₹5.7 Cr
- 20D price channel
- ₹48.7 - ₹63.4
₹63.8
₹40.3 - ₹63.8
₹3.3
Latest completed session
20-session average
59.1% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED23
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +2.7% · PAT -9.1% YoY
Technical
Neutral47
Price trend and sector-relative-strength timing.
Valuation
Legacy model-30323.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence57
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -9% YoY · margin compression · Rev +3% YoY
Filed 12 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹345 Cr | +2.7% | -5.2% |
| EBITDA | ₹29 Cr | +11.5% | +7.4% |
| Operating margin | 8.0% | +0 bps | +100 bps |
| PAT | ₹10 Cr | -9.1% | NDF |
| PAT margin | 2.9% | -37 bps | +647 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 32.60
- P/B
- 2.27
- EV/EBITDA
- 12.39
- Market Cap
- 1200.00Cr
Profitability
- ROE
- 1.97%
- ROCE
- 12.60%
- ROA
- 0.06%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 13.00%
- EPS 5Y
- 2.00%
- Revenue 3Y
- 8.00%
- EPS 3Y
- -38.00%
Balance Sheet
- Debt/Equity
- 0.57
- Interest Coverage
- 2.39×
- Altman Z
- 2.22
- Book Value
- 23.40
Cash Flow
- FCF Yield
- 5.08%
- FCF Positive Y
- 10/5
- OCF
- 115.00 Cr
- EPS TTM
- 0.02
Shareholding
- Promoter Hold
- 61.73%
- Promoter Pledge
- 94.40%
- Momentum 52W
- 55%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 1,379+19.5% vs prev
Net Profit
₹ CrLatest: 2.0-92.6% vs prev
Return on Equity
%Latest: 0.4-92.6% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
NeutralTrend is undirectional — long-term uptrend intact. RSI 47.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 47 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 16% off 52W high · 34% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
57
RS percentile
Stage 1 Base / Transition
1M return
+4.4%
3M return
-4.5%
6M return
+0.1%
1Y return
-10.1%
RS 1D
+1
RS 20D
+17
Sector rank
#17
Industry rank
#68
Stage evidence
- Price is within 0.1% of the 30-week proxy.
- The 30-week proxy changed +1.2% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price above
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 91.14-1.07%
RS vs Nifty 50091
Valuation & peers
U-Score 23 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 23 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation0/30
Growth6/25
Quality0/20
Balance Sheet3/15
Cash Flow9/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
23
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
23/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 5.1%.
- Piotroski is strong at 7/9.
- Cash flow contributes 9/10 to the score.
Main drags
- Promoter pledge is 94.4%.
- Fair-value margin of safety is negative at -30323.7%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
32.6
PB
2.3
EV/EBITDA
12.4
ROE
2.0%
ROCE
12.6%
FCF Yield
5.1%
Debt/Equity
0.6
MoS
-30323.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
23
Previous: 23
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-30323.7%
Previous: -30939.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
23
23
23
23
23
23
23
23
23
23
23
23
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹3.24
-1559.5% MoS
Growth-justified P/E
8.8
Growth-justified Value
₹0.18
-30323.7% MoS
PEG
16.30
Comparable companies
Peers
Business-comparable peers in Infra — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
VASCONEQ
Small
Vascon Engineers Limited
Construction & Engineering
match 90
27
26.3
2.2%
-12%
OVERVALUED
CCCL
Small
Consolidated Construction Consortium Limited
Construction & Engineering
match 89
26
—
-4.3%
—
OVERVALUED
MODIS
Small
Modis Navnirman Limited
Construction & Engineering
match 88
52
23.4
20.5%
-14%
FAIR VALUE
CAPACITE
Small
Capacit'e Infraprojects Limited
Construction & Engineering
match 87
72
8.2
10.4%
+67%
UNDERVALUED
VPRPL
Small
Vishnu Prakash R Punglia Limited
Construction & Engineering
match 87
24
—
-19.9%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
B. L. Kashyap and Sons Limited operates in Construction, within the Infra sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
57Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 20th percentile of the scored universe and 32nd percentile within Infra. Main check: results consistency is weak at 39/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
21 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
20th percentile
overall median 67 · Infra: 32nd pctile, median 64 · Small: 23rd pctile, median 66
Evidence depth
Financial-only
21 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
43
weak · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
52
watch · capital discipline
Results
39
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 61.7%.
- ▸FCF yield is positive at 4.6%.
- ▸10 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Promoters have pledged 94.4% of holding.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROE is low at 2.6%.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching B. L. Kashyap and Sons Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Sep - Newspaper notice regarding 37th AGM of the Company
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep - Special Window for Transfer and Dematerialisation of Physical Securities.
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Aug - Information regarding 37th Annual General meeting
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 20 Aug - B.L. Kashyap won ₹183.18 crore civil works order from Realkraft Ventures LLP, to be executed over 18 months.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Jul - Special window for Transfer and Dematerialisation of physical securities
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Investor presentationMay 2026
May 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 6 May - B.L. Kashyap won ₹180 crore domestic civil and structural work order from Immencity Office Parks, to execute in 18 months.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Apr - Opening of a special window for transfer and dematerilisation of physial securities
Source: Bse
Announcement
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr - B.L. Kashyap confirms it is not a 'Large Corporate' under SEBI framework.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.