B.L Kashyap & Sons Increasing Strength Can Be Held For Long-Term

6月6日B.L.Kashyap & Sons Ltd is an EPC company engaged in the business of Construction of Buildings High-Rise Residential and Commercial Complexes, IT Parks, Institutional Buildings.



Total: 1,733.68 Cr Order value


Company has delivered good profit growth of 71.0% CAGR over last 5 years


Projects
• More than three decades of rich expertise.

• Completed 250 + projects and more than
140 million sq. ft.


Design Build Projects
• National High-Speed Railways

• Sabarmati Station

• DLF Downtown

• Embassy Flipkart

• Redevelopment of Gomti Nagar Station

• Hero Honda Motor Plant

• Jaipur & Chennai Metro



Company coming out of CDR – Moving towards Zero
Debt

• In the light of global meltdown during 2010 -13
operations of BLK were impacted resulting in
stress on the company

• BLK entered CDR in 2014

• Currently the company has no long-term debt and
has pared its consolidated debt.

• Reduction of Debt from 700 to ~ 270

• Currently the company only has CC and BG limits



De-risking business model – Residential to Commercial & Governmen

• Company has been awarded total orders during financial year 2022-23 to the
tune of Rs. 818.9 Cr

• The order book closed at Rs. 2402 crore for the year ended March 31, 2023

• Orders worth approx. INR 658 crore and INR 247 crore awarded during the first
and second quarter of FY2023 - 24

• Ending 30th June 2023 and the order book stood at approx. Rs. 2838 cr.

• Total Order Book stands at Rs. 3005 Cr as of September 2023

• During the quarter, orders were received across multiple segments like railways,
business parks, educational institutions, and residential complex


Growth driven to Profitability focus
• The company has planned capex of approximately
INR 25 crores during FY24. Capex for FY22 and FY23
was Rs. 8 Cr and Rs. 19 Cr respectively

• BLK is looking at increasing its footprint in the
infrastructure space related to its core business,
which is high quality structures and their associated
works.