B. L. Kashyap and Sons Limited has informed the Exchange about Investor Presentation
BLKASHYAP · price
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B. L. Kashyap and Sons filed its investor presentation for Q4 and full year ended March 31, 2026. Consolidated revenue for FY26 was ₹1,379 Cr, up ~20% YoY, with EBITDA margin improving to 7.41% from 5.66% a year ago. However, Q4 PAT turned negative at -₹12.52 Cr due to an exceptional charge of ₹37.82 Cr (₹20 Cr Right of Recompense payment + ₹17.82 Cr contract asset write-off from arbitration). The company highlighted a major debt transformation: fund-based debt was slashed from ~₹700 Cr to ~₹270 Cr, and term loans have been fully eliminated, leaving only working capital and BG limits. CRISIL upgraded the credit rating to BB-/Stable/A4. The order book is strong at ₹3,558 Cr new orders secured during FY26, with a strategic target to raise government projects share to 25% by FY27.
The debt reduction and rating upgrade signal a financial turnaround, but the Q4 loss from exceptional items may create near-term stock pressure. Long-term outlook is constructive given the leaner balance sheet and robust order pipeline.