Synopsys:
B.L. Kashyap and Sons Limited has received a new order from Manyata Promoters Private Limited (Rs.157.26 Cr) for the construction of an office building.
The shares of this EPC company engaged in the business of civil construction and Infra projects and others, are in focus after receiving a new contract from Manyata Promoters Private Limited.
With a market capitalization of Rs. 1,615 Cr, shares of B.L. Kashyap and Sons opened at Rs. 70.45 per equity share, from its previous day’s closing price of Rs. 68.46, and made an intraday high of Rs. 72.22 per share.
Order Details
B.L. Kashyap and Sons Limited, a leading construction and infrastructure company, has received a new order worth Rs. 157.26 crores from Manyata Promoters Private Limited. The contract involves civil and structural works at Embassy Manyata Business Park, a prominent commercial development project.
This is a domestic contract with an estimated execution period of around 16 months. The company received the Letter of Intent (LOI) for the project. This new order adds to B.L. Kashyap’s growing portfolio in the commercial construction space, reflecting its strong execution capabilities and trusted reputation in the industry.
Also Read: PSU defence stock jumps after LIC acquired fresh stake of 3.27% in the company
About The Company
B.L. Kashyap and Sons Ltd is a well-known construction company in India that has been building large commercial, residential, and industrial projects for over three decades.
The company is known for delivering high-quality civil engineering and infrastructure work, including offices, malls, hotels, schools, and factories. With strong project execution skills and a trusted reputation.
The company has built a strong presence in the industry by working with well-known clients like RBI, IBM, NBCC, HCL, Google, Microsoft, ITC, and others. which reflects its trusted reputation and solid client base. The company currently has a strong order book worth Rs. 3,021 Crore as of March 31, 2025.
The company’s revenue from operations declined from Rs. 1,245 crore in FY24 reaching Rs. 1,154 crore in FY25, reflecting negative business growth, and the net profits of the company dropped from Rs. 53 crore in FY24 to Rs. 27 crore in FY25, indicating a decrease in earnings.
Written by Sudeep Kumbar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
