B.L. Kashyap and Sons Ltd - Stock Valuation and Financial Performance

BSE: 532719 | NSE: BLKASHYAP | Construction - Real Estate | Small Cap

B.L. Kashyap and Son Share Price

67.34 0.99 1.49%
as on 16-Apr'24 11:16

DeciZen - make an informed investing decision on B.L. Kashyap and Son

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

B.L. Kashyap and Sons stock performance -

mw4me loader
P/E Ratio (SA):
28.75
Market Cap:
1,495.8 Cr.
52-wk low:
35.1
52-wk high:
88.9

Is B.L. Kashyap and Sons Ltd an attractive stock to invest in?

1. Is B.L. Kashyap and Sons Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that B.L. Kashyap and Sons Ltd is a average quality company.

2. Is B.L. Kashyap and Sons Ltd undervalued or overvalued?

The key valuation ratios of B.L. Kashyap and Sons Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is B.L. Kashyap and Sons Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of B.L. Kashyap and Sons Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of B.L. Kashyap and Son:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
B.L. Kashyap and Sons Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.5%0%5.1%6.4%9.3%4.7%1.8%3.8%10.6%9%-
Value Creation
Index
-0.8-1.0-0.6-0.6-0.3-0.7-0.9-0.7-0.2-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,2828088428909377487937491,1401,0921,162
Sales YoY Gr.--37%4.2%5.7%5.3%-20.1%5.9%-5.5%52.2%-4.2%-
Adj EPS -1.3-2.60.10.62.30.6-10.12.92.32.3
YoY Gr.-NANA1140%266.1%-72.7%-258.1%NA2563.6%-21.2%-
BVPS (₹) 23.6212120.72424.623.323.426.328.630.2
Adj Net
Profit
-27-52.4112.74913.9-22.22.5665252
Cash Flow from Ops. 6.214.338.384.713250.362.73859.663-
Debt/CF from Ops. 92.141.416.47.33.78.96.310.95.64.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.8%3.1%11.3%-4.2%
Adj EPS NA0.4%NA-21.2%
BVPS2.2%3.6%7.2%8.7%
Share Price 26.7% 27.2% 62.1% 88%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-5.1-11.40.2310.42.6-4.10.511.88.47.9
Op. Profit
Mgn %
2.81.98.19.610.48.12.38.78.29.59.1
Net Profit
Mgn %
-2.1-6.50.11.45.21.9-2.80.35.84.84.5
Debt to
Equity
1.21.41.51.410.80.80.80.60.5-
Working Cap
Days
445644609575533664632678436448141
Cash Conv.
Cycle
18425925424319221323525916016636

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.90%

Sales growth is growing at healthy rate in last 3 years 11.25%

Debt to equity has declined versus last 3 years average to 0.47

Sales growth is not so good in last 4 quarters at 3.18%

Latest Financials - B.L. Kashyap and Sons Ltd.

Standalone Consolidated
TTM EPS (₹) 2.3 -0.1
TTM Sales (₹ Cr.) 1,162 1,179
BVPS (₹.) 30.2 21
Reserves (₹ Cr.) 657 451
P/BV 2.20 3.16
PE 28.75 0.00
From the Market
52 Week Low / High (₹) 35.06 / 88.90
All Time Low / High (₹) 3.37 / 230.00
Market Cap (₹ Cr.) 1,496
Equity (₹ Cr.) 22.5
Face Value (₹) 1
Industry PE 80.2

Management X-Ray of B.L. Kashyap and Son:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *99.6799.6799.6299.6299.6299.6199.5799.5299.4799.47
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of B.L. Kashyap and Son

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,2828088428899377487937491,1401,092
Operating Expenses 1,2497927748048406887756841,046988
Manufacturing Costs280184159147218167180133197247
Material Costs667408430474421317374379608513
Employee Cost 237168150145154145165125179185
Other Costs 66333438475956466243
Operating Profit 331568859761186594104
Operating Profit Margin (%) 2.6%1.9%8.1%9.6%10.4%8.1%2.3%8.7%8.2%9.5%
Other Income 31382722441714281024
Interest 92757577664756474747
Depreciation 224420109910988
Exceptional Items -8200-100-120430
Profit Before Tax -131-670196622-46379174
Tax -45-14-16178-15352522
Profit After Tax -86-521134914-3126652
PAT Margin (%) -6.7%-6.5%0.1%1.4%5.2%1.9%-3.9%0.3%5.8%4.8%
Adjusted EPS (₹)-4.2-2.60.10.62.30.6-1.40.12.92.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 485431432426517555525528594645
Share Capital 21212121222323232323
Reserves 464411412405495533502506571623
Minority Interest0000000000
Debt459547562398337331326343334304
Long Term Debt11319322156403636363633
Short Term Debt346354341343298295289307298271
Trade Payables271209191150194144180162194206
Others Liabilities 422295369498428419454448321289
Total Liabilities 1,6371,4821,5551,4721,4761,4491,4851,4821,4431,445

Fixed Assets

Gross Block270249272263254243234229214219
Accumulated Depreciation142168181182177170170167158153
Net Fixed Assets129819181777264625767
CWIP 4445745000
Investments 14141312121212121212
Inventories409392367338302284319313314324
Trade Receivables426397458416332354416409371444
Cash Equivalents 1011979911184019
Others Assets644582612612736712657666650579
Total Assets 1,6371,4821,5551,4721,4761,4491,4851,4821,4431,445

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 61438851325063386063
PBT -131-670196721-46399173
Adjustment 101836866655975592637
Changes in Working Capital 434-29-05-2838-53-55-39
Tax Paid -7-6-10-5-1-4-6-3-8
Cash Flow From Investing Activity 2839-35142145-336-5
Capex -42-30-1-6-2-2-4-4-15
Net Investments 20000000-112
Others 30382772023460528
Cash Flow From Financing Activity -34-52-38-91-99-69-104-28-87-75
Net Proceeds from Shares 000041250000
Net Proceeds from Borrowing 000000-4819-40-28
Interest Paid -92-75-75-77-66-47-56-47-47-47
Dividend Paid 0000000000
Others 582337-14-75-470000
Net Cash Flow 01-3-1472369-16
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-16.32-11.440.222.9610.42.6-5.660.4711.768.39
ROCE (%)-3.640.847.229.1812.836.831.059.0414.8112.8
Asset Turnover Ratio0.740.520.550.590.640.510.540.50.780.76
PAT to CFO Conversion(x)N/AN/A386.542.693.57N/A190.911.21
Working Capital Days
Receivable Days133186185179146167177201125136
Inventory Days132181164145125143139154100107
Payable Days155215170131149195158165107142

B.L. Kashyap and Sons Ltd Stock News

B.L. Kashyap and Sons Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of B.L. Kashyap and Son on 16-Apr-2024 11:16 is ₹67.34.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2024 11:16 the market cap of B.L. Kashyap and Son stood at ₹1,495.8.
The latest P/E ratio of B.L. Kashyap and Son as of 16-Apr-2024 11:16 is 28.75.
The latest P/B ratio of B.L. Kashyap and Son as of 16-Apr-2024 11:16 is 2.20.
The 52-week high of B.L. Kashyap and Son is ₹88.90 and the 52-week low is ₹35.06.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of B.L. Kashyap and Son is ₹1,162 ( Cr.) .

About B.L. Kashyap and Sons Ltd

B. L. Kashyap and Sons Ltd. (BLK) has firmly established itself as one of the pre-eminent Construction, Infrastructure and Civil Engineering companies with a pan India presence. The company got listed on the stock exchange in 2006.

It is one of the leading Construction, Infrastructure and Civil Engineering companies in India. It has been instrumental in constructing some of its country’s leading buildings & infrastructure, efficiently through cutting edge technical systems and management integration. The pan-India presence of its organization has enabled the company to service the growing infrastructure needs throughout India.

The company specialises in undertaking major industrial, residential and commercial projects. It delivers integrated Engineering, Procurement and Construction (EPC) services for civil construction and infrastructure sector projects. Along with its clients, it delivers projects that create long-term development and economic growth for the country.

The company has a diverse portfolio spread across various industries like IT Campuses, Commercial Spaces, Malls, Hotels, Residential Complexes, Institutions, Factories and Manufacturing Facilities, Healthcare and Transportation. The company has created landmark edifices across the nation. The company also undertakes turnkey projects to set up power generation plants, power transmission and distribution systems, integrated rail and metro systems, residential buildings, townships, commercial buildings, airports, industrial units, chemical process plants, water and waste water management solutions.

Business area of the company

BLK is one of India’s most respected construction and infrastructure development company with a pan India presence. Its service portfolio extends across the construction of factories manufacturing facilities, IT campuses, commercial & residential complexes, malls and hotels.

Business segments

  • IT Parks
  • Industrial
  • Hotels
  • Commercial

History and milestones

  • 1998: BLK built Wild Flower Hall, an Oberoi Hotel project in Kufri, Himachal Pradesh which is 8250 feet above sea level.
  • 2002: BLK constructed Park Hyatt Goa Resort & Spa, Goa, in 2002. This project is the first Park Hyatt in India.
  • 2006: The Company entered the Capital Market.
  • 2006: IFFCO Sadan Saket, Delhiwas BLK’s First Turnkey Office Building Construction.
  • 2007: BLK was among top five construction companies in India for the year 2006 which was listed by Construction World in January 2007.
  • 2007: Select City Walk, Saket, Delhi, built by BLK in 2007. It also received the Real Estate Award in 2016, Mall of the Year 2012, 2015 & 2016 - Star Retail Award.
  • 2008: BLK was ranked 249 on the Bengaluru Times 500 list of India’s most valuable companies.
  • 2008: BLK achieved turnover of more than Rs. 1500 Crores as on 31st March 2008.
  • 2009: The Airport Terminal T1 D building in IGI Airport, Delhi was built by BLK in 2009.
  • 2011: The Via duct project for DMRC, which was the first major Design-Build, Precast / Pre stressed elevated rail track was built by BLK in 2011.
  • 2012: BLK achieved a turnover of more than Rs. 1900 crore as on 31st March 2012.
  • 2012: Embassy Tech Village at over 28.36 lakh sqft, is built by BLK on outer ring road, Bengaluru. It was handed over in just 15 months and is the largest Composite Steel Development in India.
  • 2013: Hines World Trade Tower, Gurgaon, Haryana - Turnkey office Development was handed over in 18 months (inclusive of all finishing & services). It received the Best Office & Business Development Asia, MIPIM Asia Award in 2013.
  • 2013: BLK built a Green Factory for Hero MotoCorp Ltd. In Neemrana, Rajasthan in 1 year with 5.5 MW Solar Panels on Roof, Vegetable Cultivation on Roof as CSR and received Platinum Rating from the Indian Green Building Council.
  • 2013: 3 Million sq ft of composite steel and R.C.C structure part of a Design-Build package was completed in one calendar year - the FIRST of its kind in India.
  • 2016: Select City Walk, Saket, Delhi, built by BLK was awarded the Retail Mall of the Decade in 2016 by CNBC Awaz.
  • 2016: Select City Walk, Saket, Delhi, built by BLK, received the Real Estate Award in 2016 and also revived Mall of the Year 2016 - Star Retail Award.
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