The B L Kashyap and Sons share finally caught a break in the market after weeks of pressure. Even in a muted small-cap environment, the stock managed to push higher as fresh order inflow lifted sentiment. The move came as a reminder that in the construction space, one solid contract can sometimes shift the mood instantly.
Market Performance
The B L Kashyap and Sons share price climbed 5.16%, touching ₹49.69.
This bounce stood out because the stock has been sliding for four straight months. Across this period, it has fallen nearly 32%, reflecting heavy selling across most small-cap counters.
The broader trend hasn’t been supportive either. On a year-to-date basis, the stock is down 38%, making this sudden recovery even more noticeable.
Yet, despite the declines, long-term charts continue to show multibagger returns. Over five years, the stock is still up 500%, and from its all-time low of ₹3.30, it has delivered nearly 1,400% returns.
Main News: Fresh Order Worth ₹254.22 Crore
The turning point in the day’s session came from a new contract win.
The company announced that it secured a ₹254.22 crore order from a well-known real estate developer.
The scope of the project covers:
- Civil structure
- Rough finishing
- Waterproofing work
- One high-rise tower
- Multiple ancillary low-rise buildings
- Additional related structures
The execution window is also clearly defined — the full project must be completed within 37 months from the start date.
The company clarified that there is no promoter or promoter-group interest involved in the entity awarding the order. It also added that the contract does not fall under related-party transactions.
Company Details & Financial Snapshot
The order builds on an already strong pipeline.
By the end of the September quarter, the company’s order book stood at ₹4,087 crore. Two states — Haryana and Karnataka — make up the largest share of this number.
What stands out is the scale:
The order book is approximately 3.54 times higher than the company’s FY25 revenue of ₹3,000 crore.
Quarterly Numbers (Q2)
To keep financial data sharp and readable, here’s the breakdown:
- Revenue: ₹355.13 crore
(vs. ₹267.28 crore in the same quarter last year) - Net Profit / Loss: Loss of ₹8.63 crore
(vs. Profit of ₹9.38 crore last year) - EBITDA: ₹20.47 crore
- EBITDA Margin: 5.76%
(down 180 bps YoY)
The loss this quarter stemmed mainly from higher operating costs, which weighed on profitability even as revenue improved.
B L Kashyap and Sons Share Price Trend
The B L Kashyap and Sons share price trend has been challenging recently.
The stock has posted declines month after month, with the last four months closing in the red. The cumulative fall of 32% reflects a deep correction across many small and midcap names.
If the year ends lower, it will be the stock’s first annual decline in five years, and potentially the largest drop since 2019, when it fell more than 60%.
Even after all this volatility, the long-term performance still classifies it as a multibagger small-cap stock, thanks to its massive rally off historical lows.
Summary
The fresh ₹254.22 crore order arrived at a time when the B L Kashyap and Sons share had been struggling. The market responded immediately, sending the stock up by more than 5% in intraday trade.
With a ₹4,087 crore order book and a healthy execution pipeline spread across key regions, the company continues to operate in a competitive but opportunity-rich construction space.
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