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B.L. Kashyap & Sons delivered a strong FY26 with consolidated revenue growing nearly 20% YoY to ₹1379.14 Cr. However, Q4 FY26 saw a consolidated loss of ₹12.52 Cr, impacted by an exceptional item of ₹37.82 Cr for arbitration settlement and asset write-offs. The total order book stands firm at ₹5296 Cr, with ₹3558 Cr in new orders secured during FY26.
Strategically, the company is focused on increasing its government project portfolio to 25% by FY27 and expanding into high-growth segments like data centers, commercial, and high-end residential developments. A key recent development is the significant reduction in fund-based debt from ₹700 Cr to ₹270 Cr, leading to a credit rating upgrade. Management plans a ₹65 Cr capex for FY27, targeting innovation and workforce development to support future growth.