Synopsis: B L Kashyap & Sons Limited has secured a new domestic work order worth Rs. 180 crore for a commercial building project in Bengaluru. The order win comes at a time when the company is witnessing improving operational performance, although its Q4 FY26 financial results are yet to be announced.
B L Kashyap & Sons Limited is one of India’s well-known engineering, procurement, and construction (EPC) companies. The company undertakes large-scale civil and structural construction projects across commercial buildings, IT parks, residential complexes, malls, hotels, and institutional infrastructure.
B L Kashyap currently has a market capitalization of around Rs. 1,301 crore. The stock was trading near Rs. 57.6 during Wednesday’s session, down by 1.30% compared to previous close of Rs. 58.26. The company trades at a relatively higher P/E ratio of 146, while its book value stands at approximately Rs. 23.3 per share. Return ratios remain moderate, with ROCE at 8.08% and ROE at 2%.
B L Kashyap & Sons has secured a new work order worth Rs. 180 crore (excluding GST) from Immencity Office Parks Pvt. Ltd. for civil and structural works in Bengaluru. The order involves execution of civil and structural works for Century Red Oak Commercial Building Block 1 located at Shivanahalli, Yelahanka Hobli, Bengaluru. The project is domestic in nature and is expected to be completed within approximately 18 months.
According to the company’s exchange filing, the Letter of Intent (LOI) was received and accepted on May 5, 2026. The company also clarified that the transaction does not fall under related-party transactions and that promoter entities do not have any interest in the awarding company.
While B L Kashyap has not yet announced its Q4 FY26 results, the company reported a strong operational performance in its latest available quarterly update for Q3 FY26. The company reported revenue of approximately Rs. 324.9 crore in Q3 FY26, compared to Rs. 250.8 crore in Q3 FY25, reflecting a growth of nearly 30% YoY.
Operating profit increased sharply to Rs. 28.9 crore, compared to Rs. 6.3 crore reported during the corresponding quarter last year. Profit before tax stood at Rs. 15.8 crore, while net profit surged to approximately Rs. 11.8 crore during the quarter, compared to Rs. 1.1 crore in Q3 FY25, indicating significant improvement in profitability.
The Rs. 180 crore commercial construction order marks another important addition to B L Kashyap’s growing order pipeline. The project further strengthens the company’s presence in the commercial real estate construction segment, particularly in Bengaluru’s fast-growing office infrastructure market.
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