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Last Updated on: 21 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 532719 | NSE: BLKASHYAP

BL Kashyap & Sons Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 8:59 pm

Market Cap 1,581 Cr.
Current Price 70.0
High / Low121/60.0
Stock P/E28.3
Book Value 23.3
Dividend Yield0.00 %
ROCE14.3 %
ROE11.2 %
Face Value 1.00
PEG Ratio0.63

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for BL Kashyap & Sons Ltd

Competitors of BL Kashyap & Sons Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IITL Projects Ltd 25.2 Cr. 50.467.2/15.07.79 70.70.00 %%% 10.0
HB Estate Developers Ltd 177 Cr. 90.8125/41.023.8 80.10.00 %7.00 %2.39 % 10.0
Hazoor Multi Projects Ltd 1,143 Cr. 58.063.9/13.713.6 19.50.52 %%% 1.00
Gyan Developers & Builders Ltd 6.78 Cr. 22.633.8/6.74 12.70.00 %4.02 %3.75 % 10.0
GG Dandekar Properties Ltd 54.6 Cr. 115163/87.4 96.90.00 %1.27 %9.45 % 1.00
Industry Average10,958.80N/A23.32N/AN/A22.9514.65N/A

All Competitor Stocks of BL Kashyap & Sons Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales241314278324289293253276253327324341350
Expenses217279252319257272231253228298300308319
Operating Profit2435265322122232529243332
OPM %10%11%9%2%11%7%9%8%10%9%7%10%9%
Other Income01-343059-3031189
Interest13141216131312131111121511
Depreciation3333332223333
Profit before tax919829171116-231417102227
Tax %31%29%31%37%30%45%-129%41%28%29%31%-6%24%
Net Profit61461812637-32101272420
EPS in Rs0.280.600.260.820.520.251.62-1.420.440.530.311.050.90

Last Updated: October 7, 2024, 8:33 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 3:02 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales1,5431,3498348609241,0127698207621,1581,1101,2451,342
Expenses1,4361,2968167928349277137996991,0671,0121,1341,225
Operating Profit10753196889855721639098110117
OPM %7%4%2%8%10%8%7%3%8%8%9%9%9%
Other Income23-6531230315-22741-161219
Interest93978182837759695955514949
Depreciation26234721131212121110101011
Profit before tax12-132-78-12-627-10-82-166216376
Tax %27%-36%-26%-48%-181%23%-34%-23%8,490%33%-7%17%
Net Profit8-85-58-6521-6-63-5844225363
EPS in Rs0.41-4.14-2.82-0.290.240.98-0.28-2.79-2.591.950.982.332.79
Dividend Payout %12%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-1162.50%31.76%89.66%183.33%320.00%-128.57%-950.00%7.94%175.86%-50.00%140.91%
Change in YoY Net Profit Growth (%)0.00%1194.26%57.89%93.68%136.67%-448.57%-821.43%957.94%167.93%-225.86%190.91%

BL Kashyap & Sons Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-1%
5 Years:10%
3 Years:18%
TTM:16%
Compounded Profit Growth
10 Years:52%
5 Years:71%
3 Years:78%
TTM:7%
Stock Price CAGR
10 Years:15%
5 Years:46%
3 Years:43%
1 Year:5%
Return on Equity
10 Years:1%
5 Years:4%
3 Years:9%
Last Year:11%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:46 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital21212121212223232323232323
Reserves528444384379414476493436357400422474503
Borrowings638682762797745605552520519380320310282
Other Liabilities832695596637595645756839622629531606620
Total Liabilities2,0191,8411,7621,8331,7741,7481,8241,8181,5201,4321,2951,4121,428
Fixed Assets1591409099431414412311236230133154173
CWIP1061171301399597949500022
Investments302299299301111100000
Other Assets1,4521,2851,2441,2941,2471,2361,3161,4121,2841,2021,1621,2561,254
Total Assets2,0191,8411,7621,8331,7741,7481,8241,8181,5201,4321,2951,4121,428

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +215-23-35117245117164-23-181872079
Cash from Investing Activity +-8-141-34-3-22-284142-14110-31
Cash from Financing Activity +-2053540-89-243-45-160-6052-69-110-80
Net Cash Flow2-25-7-1502214519-33

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-531.00-629.00-743.00-729.00-656.00-520.00-495.00-499.00-456.00-290.00-222.00-200.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days111107169187156127176171210110138110
Inventory Days286259414384333261372347201240348
Days Payable143150188163118152170179116140160
Cash Conversion Cycle254215396407371236378339210195238298
Working Capital Days11613323524215189135173233140158153
ROCE %9%4%0%6%7%9%5%2%8%10%14%14%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters61.52%61.55%61.55%61.55%61.56%61.58%61.61%61.65%61.65%61.65%61.65%61.65%
FIIs0.40%0.40%0.40%0.46%0.54%0.22%0.43%0.35%0.30%0.89%1.65%1.87%
DIIs0.00%0.00%0.00%0.00%0.00%0.09%0.00%0.00%0.00%0.02%0.00%0.00%
Public38.08%38.05%38.05%37.99%37.91%38.11%37.96%38.00%38.04%37.44%36.70%36.48%
No. of Shareholders30,21829,34328,36126,70125,32524,60225,09926,22530,43038,58139,13345,122

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)2.330.981.95-2.59-2.79
Diluted EPS (Rs.)2.330.981.95-2.59-2.79
Cash EPS (Rs.)2.791.412.41-2.10-2.26
Book Value[Excl.RevalReserv]/Share (Rs.)22.0219.7318.7616.8220.33
Book Value[Incl.RevalReserv]/Share (Rs.)22.0219.7318.7616.8220.33
Revenue From Operations / Share (Rs.)55.2049.2451.3433.8136.36
PBDIT / Share (Rs.)5.435.224.103.901.63
PBIT / Share (Rs.)4.974.793.643.411.10
PBT / Share (Rs.)2.810.912.92-0.03-3.63
Net Profit / Share (Rs.)2.330.981.95-2.59-2.79
NP After MI And SOA / Share (Rs.)2.330.981.95-2.59-2.79
PBDIT Margin (%)9.8410.607.9911.544.47
PBIT Margin (%)9.009.727.0910.093.02
PBT Margin (%)5.081.855.69-0.08-9.99
Net Profit Margin (%)4.221.993.79-7.66-7.66
NP After MI And SOA Margin (%)4.221.993.79-7.66-7.66
Return on Networth / Equity (%)10.584.9710.39-15.40-13.70
Return on Capital Employeed (%)17.1618.3312.3910.792.94
Return On Assets (%)3.721.703.06-3.84-3.45
Long Term Debt / Equity (X)0.060.080.150.290.29
Total Debt / Equity (X)0.620.710.861.110.93
Asset Turnover Ratio (%)0.910.810.760.440.46
Current Ratio (X)1.371.361.211.271.11
Quick Ratio (X)0.710.870.770.820.73
Inventory Turnover Ratio (X)1.571.551.841.141.18
Interest Coverage Ratio (X)2.512.291.691.480.52
Interest Coverage Ratio (Post Tax) (X)2.082.131.100.320.63
Enterprise Value (Cr.)1822.80959.52931.69821.69527.90
EV / Net Operating Revenue (X)1.460.860.801.080.64
EV / EBITDA (X)14.888.1510.079.3414.39
MarketCap / Net Operating Revenue (X)1.240.630.510.550.13
Price / BV (X)3.121.571.411.120.24
Price / Net Operating Revenue (X)1.240.630.510.550.13
EarningsYield0.030.030.07-0.13-0.55

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of BL Kashyap & Sons Ltd as of November 21, 2024 is: 75.33

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 21, 2024, BL Kashyap & Sons Ltd is Undervalued by 7.61% compared to the current share price 70.00

Intrinsic Value of BL Kashyap & Sons Ltd as of November 21, 2024 is: 109.13

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 21, 2024, BL Kashyap & Sons Ltd is Undervalued by 55.90% compared to the current share price 70.00

Last 5 Year EPS CAGR: 44.87%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
    1. The stock has a low average ROCE of 7.33%, which may not be favorable.
    2. The stock has a high average Working Capital Days of 163.17, which may not be favorable.
    3. The stock has a high average Cash Conversion Cycle of 294.75, which may not be favorable.
    4. The company has higher borrowings (547.08) compared to reserves (439.23), which may suggest financial risk.
    5. The company has not shown consistent growth in sales (382.77) and profit (-4.31).

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in BL Kashyap & Sons Ltd:
      1. Net Profit Margin: 4.22%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 17.16% (Industry Average ROCE: 22.95%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 10.58% (Industry Average ROE: 14.65%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 2.08
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 0.71
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 28.3 (Industry average Stock P/E: 23.32)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0.62
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    B L Kashyap & Sons Ltd. is a Public Limited Listed company incorporated on 08/05/1989 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1989PLC036148 and registration number is 036148. Currently Company is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 1139.98 Cr. and Equity Capital is Rs. 22.54 Cr. for the Year ended 31/03/2022.
    INDUSTRYADDRESSCONTACT
    Construction, Contracting & Engineering409, 4th Floor, New Delhi Delhi 110025info@blkashyap.com
    http://www.blkashyap.com
    Management
    NamePosition Held
    Mr. Vinod KashyapChairman
    Mr. Vineet KashyapManaging Director
    Mr. Vikram KashyapJoint Managing Director
    Mr. H N NananiIndependent Director
    Ms. Poonam SanghaIndependent Director
    Mr. Vivek TalwarIndependent Director
    Mr. Settihalli BasavarajIndependent Director
    Mr. Vishal Sharat OhriNominee Director

    FAQ

    What is the latest intrinsic value of BL Kashyap & Sons Ltd?

    The latest intrinsic value of BL Kashyap & Sons Ltd as on 21 November 2024 is ₹75.33, which is 7.61% higher than the current market price of ₹70.00.

    What is the Market Cap of BL Kashyap & Sons Ltd?

    The Market Cap of BL Kashyap & Sons Ltd is 1,581 Cr..

    What is the current Stock Price of BL Kashyap & Sons Ltd as on 21 November 2024?

    The current stock price of BL Kashyap & Sons Ltd as on 21 November 2024 is ₹70.0.

    What is the High / Low of BL Kashyap & Sons Ltd stocks in FY 2024?

    In FY 2024, the High / Low of BL Kashyap & Sons Ltd stocks is 121/60.0.

    What is the Stock P/E of BL Kashyap & Sons Ltd?

    The Stock P/E of BL Kashyap & Sons Ltd is 28.3.

    What is the Book Value of BL Kashyap & Sons Ltd?

    The Book Value of BL Kashyap & Sons Ltd is 23.3.

    What is the Dividend Yield of BL Kashyap & Sons Ltd?

    The Dividend Yield of BL Kashyap & Sons Ltd is 0.00 %.

    What is the ROCE of BL Kashyap & Sons Ltd?

    The ROCE of BL Kashyap & Sons Ltd is 14.3 %.

    What is the ROE of BL Kashyap & Sons Ltd?

    The ROE of BL Kashyap & Sons Ltd is 11.2 %.

    What is the Face Value of BL Kashyap & Sons Ltd?

    The Face Value of BL Kashyap & Sons Ltd is 1.00.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in BL Kashyap & Sons Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE