Synopsis:
Small-Cap Company Wins Rs 254.22 Crore Construction Order from DLF, Triggering a 5 percent Surge in Its Stock Price as Investors Turn Bullish
On Tuesday an EPC company engaged in the business of Construction of Building was in the spotlight as the company won a Rs 254.22 crore construction order from DLF for a major project in Sector 63, Gurugram. In this article, we are going to dive deeper into this news.
With a market cap of Rs 1,088 Cr B.L.Kashyap & Sons Ltd saw its stock price go up by 4.3 percent and hit an intra day high of Rs 49.55 soon after the news was out, while the previous close was at Rs 47.08.
What’s the News?
On 24 November 2025, B.L. Kashyap and Sons Limited had informed the exchanges that it had secured a new domestic construction order from DLF Home Developers Ltd. This project is located in Sector 63 of Gurugram, and involves civil structural work, rough finishing, waterproofing, and development of a high-rise tower, along with the work of multiple ancillary low rise buildings and support structures. The contract is valued at Rs 254.22 crore and is scheduled to be completed within 37 months from now.
The company’s order book is well diversified, with 47.72 percent of its projects coming from commercial developments, while 44.77 percent comes from residential projects, and the remaining 7.51 percent from infrastructure contracts, this shows a balanced project mix across the company’s key construction segments.
As of September 2025, B.L. Kashyap & Sons Ltd reported a strong order book of Rs 4,087 crore, and reflects healthy project visibility. Currently, 91.3 percent of its projects come from the private sector, while 8.67 percent are from government contracts. The company aims to increase the share of government projects to 25 percent of its overall order book in FY27, by strengthening its presence in the public infrastructure space and improving business diversification.
Financial Overview
In Q2FY26 the company saw 32.8 percent YoY growth in its revenue as it went from Rs 267 Cr in Q2FY25 to Rs 355 Cr in Q2FY26, and a 5.5 percent QoQ increase from Rs 336 Cr in Q1FY26.
While the revenue soared, the firm saw its net profit taking a dip from Rs 9.38 Cr in Q2FY25 to a loss of Rs 8.62 Cr in Q2FY26. Another point to note is that the company has a 5 year profit CAGR of 19 percent, and the stock has also given a 45 percent compounded return over the past 5 years.
B.L. Kashyap & Sons Ltd is a EPC company that is engaged in the business of constructing high-rise residential and commercial buildings, IT parks, and institutional projects across India. The firm was founded in 1989 and was listed on the stock exchanges in 2006. The company has established itself as a major construction, infrastructure, and civil engineering player along with a strong PAN India presence.
Written by Adithya Menon
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