BL Kashyap & Sons Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹57.04Fairly Valued by 3.97%vs CMP ₹59.40

P/E (150.0) × ROE (2.0%) × BV (₹23.30) × DY (2.00%)

₹28.50Overvalued by 52.02%vs CMP ₹59.40
MoS: -108.4% (Negative)Confidence: 63/100 (Moderate)Models: All 7: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹43.0930%Over (-27.5%)
Graham NumberEarnings₹15.8622%Over (-73.3%)
Net Asset ValueAssets₹23.3310%Over (-60.7%)
EV/EBITDAEnterprise₹20.4512%Over (-65.6%)
Earnings YieldEarnings₹4.8010%Over (-91.9%)
ROCE CapitalReturns₹33.3110%Over (-43.9%)
Revenue MultipleRevenue₹51.197%Over (-13.8%)
Consensus (7 models)₹28.50100%Overvalued
Key Drivers: EPS CAGR -24.4% drags value — could be higher if earnings stabilize. | P/E of 150 makes PE-ROE unreliable — asset/earnings models are better benchmarks.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -24.4%

*Investments are subject to market risks

Analyst Summary

BL Kashyap & Sons Ltd operates in the Construction, Contracting & Engineering segment, NSE: BLKASHYAP | BSE: 532719, current market price is ₹59.40, market cap is 1,339 Cr.. At a glance, stock P/E is 150, ROE is 2.00 %, ROCE is 8.08 %, book value is 23.3, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹28.50, around 52.0% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹1,154 Cr versus the prior period change of -7.3%, while latest net profit is about ₹27 Cr with a prior-period change of -49.1%. The 52-week range shown on this page is 80.1/40.3, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisB 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 L748…

This summary is generated from the stock page data available for BL Kashyap & Sons Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

43
BL Kashyap & Sons Ltd scores 43/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health44/100 · Moderate
ROCE 8.1% AverageROE 2.0% WeakD/E 1.11 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money40/100 · Moderate
FII holding stable No changeDII holding down 0.75% MF sellingPromoter holding at 61.7% Stable
Earnings Quality50/100 · Moderate
OPM stable around 8% Steady
Quarterly Momentum60/100 · Moderate
Revenue (4Q): +9% YoY GrowingProfit (4Q): -80% YoY DecliningOPM: 9.0% (up 6.0% YoY) Margin expansion
Industry Rank10/100 · Weak
P/E 150.0 vs industry 42.4 Premium to peersROCE 8.1% vs industry 16.4% Below peersROE 2.0% vs industry 21.0% Below peers3Y sales CAGR: 0% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 2:18 am

Market Cap 1,339 Cr.
Current Price 59.4
Intrinsic Value₹28.50
High / Low 80.1/40.3
Stock P/E150
Book Value 23.3
Dividend Yield0.00 %
ROCE8.08 %
ROE2.00 %
Face Value 1.00
PEG Ratio-6.14

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

View Share Price Target for BL Kashyap & Sons Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
BL Kashyap & Sons Ltd 1,339 Cr. 59.4 80.1/40.3150 23.30.00 %8.08 %2.00 % 1.00
Arihant Superstructures Ltd 1,160 Cr. 270 468/18825.5 81.20.56 %11.1 %18.8 % 10.0
Omaxe Ltd 1,561 Cr. 85.5 114/62.5 30.40.00 %61.4 %506 % 10.0
A B Infrabuild Ltd 985 Cr. 15.4 23.6/8.2148.4 2.460.03 %18.4 %17.3 % 1.00
B-Right RealEstate Ltd 947 Cr. 916 1,008/226201 1400.00 %5.08 %1.58 % 10.0
Industry Average3,871.10 Cr174.5742.35125.440.17%16.39%20.98%21.58

All Competitor Stocks of BL Kashyap & Sons Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 253276253327324341350267242294336355324
Expenses 231253228298300308319247236287310335295
Operating Profit 222325292433322067262029
OPM % 9%8%10%9%7%10%9%8%3%2%8%6%9%
Other Income 9-303118912915321
Interest 12131111121511141012111110
Depreciation 2223333333344
Profit before tax 16-231417102227152715816
Tax % -129%41%28%29%31%-6%24%38%41%149%26%212%25%
Net Profit 37-3210127242091-311-912
EPS in Rs 1.62-1.420.440.530.311.050.900.420.05-0.140.48-0.380.52

Last Updated: March 3, 2026, 12:00 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 12:00 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 1,3498348609241,0127698207621,1581,1101,2451,1541,310
Expenses 1,2968167928349277137996991,0671,0121,1341,0881,227
Operating Profit 531968898557216390981106583
OPM % 4%2%8%10%8%7%3%8%8%9%9%6%6%
Other Income -6531230315-22741-16124521
Interest 97818283775969595551494744
Depreciation 23472113121212111010101214
Profit before tax -132-78-12-627-10-82-16621635045
Tax % -36%-26%-48%-181%23%-34%-23%8,490%33%-7%17%45%
Net Profit -85-58-6521-6-63-584422532711
EPS in Rs -4.14-2.82-0.290.240.98-0.28-2.79-2.591.950.982.331.220.48
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)31.76%89.66%183.33%320.00%-128.57%-950.00%7.94%175.86%-50.00%140.91%-49.06%
Change in YoY Net Profit Growth (%)0.00%57.89%93.68%136.67%-448.57%-821.43%957.94%167.93%-225.86%190.91%-189.97%

BL Kashyap & Sons Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:3%
5 Years:7%
3 Years:0%
TTM:-15%
Compounded Profit Growth
10 Years:9%
5 Years:22%
3 Years:-2%
TTM:-72%
Stock Price CAGR
10 Years:21%
5 Years:55%
3 Years:39%
1 Year:-35%
Return on Equity
10 Years:3%
5 Years:6%
3 Years:8%
Last Year:3%

Last Updated: September 5, 2025, 2:31 pm

Balance Sheet

Last Updated: February 1, 2026, 4:23 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 21212121222323232323232323
Reserves 444384379414476493436357400422474501503
Borrowings 682762797745605552520519380320310316309
Other Liabilities 695596637595645756839622629531606676774
Total Liabilities 1,8411,7621,8331,7741,7481,8241,8181,5201,4321,2951,4121,5161,608
Fixed Assets 1409099431414412311236230133154192220
CWIP 11713013995979495000200
Investments 2992993011111000000
Other Assets 1,2851,2441,2941,2471,2361,3161,4121,2841,2021,1621,2561,3231,388
Total Assets 1,8411,7621,8331,7741,7481,8241,8181,5201,4321,2951,4121,5161,608

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -23-35117245117164-23-18187207976
Cash from Investing Activity + -141-34-3-22-284142-14110-31-29
Cash from Financing Activity + 3540-89-243-45-160-6052-69-110-80-43
Net Cash Flow -25-7-1502214519-334
Free Cash Flow -37-477724411115746-46821204840
CFO/OP -42%-191%172%275%144%293%-87%-274%99%29%85%137%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-629.00-743.00-729.00-656.00-520.00-495.00-499.00-456.00-290.00-222.00-200.00-251.00

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 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 107169187156127176171210110138111138
Inventory Days 259414384333261372347201240105130
Days Payable 150188163118152170179116140136154
Cash Conversion Cycle 21539640737123637833921019523880113
Working Capital Days 37739413-19-7418441646894
ROCE %4%0%6%7%9%5%2%8%10%14%14%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 61.58%61.61%61.65%61.65%61.65%61.65%61.65%61.65%61.67%61.69%61.70%61.71%
FIIs 0.22%0.43%0.35%0.30%0.89%1.65%1.87%0.59%0.72%0.40%0.34%0.31%
DIIs 0.09%0.00%0.00%0.00%0.02%0.00%0.00%0.35%0.92%0.88%0.59%0.17%
Public 38.12%37.96%38.00%38.04%37.44%36.70%36.48%37.40%36.68%37.03%37.37%37.81%
No. of Shareholders 24,60225,09926,22530,43038,58139,13345,12245,65144,71244,23144,06643,801

Shareholding Pattern Chart

No. of Shareholders

BL Kashyap & Sons Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 1.222.330.981.95-2.59
Diluted EPS (Rs.) 1.222.330.981.95-2.59
Cash EPS (Rs.) 1.772.791.412.41-2.10
Book Value[Excl.RevalReserv]/Share (Rs.) 23.2322.0219.7318.7616.82
Book Value[Incl.RevalReserv]/Share (Rs.) 23.2322.0219.7318.7616.82
Revenue From Operations / Share (Rs.) 51.1755.2049.2451.3433.81
PBDIT / Share (Rs.) 4.065.435.224.103.90
PBIT / Share (Rs.) 3.514.974.793.643.41
PBT / Share (Rs.) 2.232.810.912.92-0.03
Net Profit / Share (Rs.) 1.222.330.981.95-2.59
NP After MI And SOA / Share (Rs.) 1.222.330.981.95-2.59
PBDIT Margin (%) 7.929.8410.607.9911.54
PBIT Margin (%) 6.859.009.727.0910.09
PBT Margin (%) 4.355.081.855.69-0.08
Net Profit Margin (%) 2.384.221.993.79-7.66
NP After MI And SOA Margin (%) 2.384.221.993.79-7.66
Return on Networth / Equity (%) 5.2410.584.9710.39-15.40
Return on Capital Employeed (%) 11.6017.1618.3312.3910.79
Return On Assets (%) 1.813.721.703.06-3.84
Long Term Debt / Equity (X) 0.070.060.080.150.29
Total Debt / Equity (X) 0.600.620.710.861.11
Asset Turnover Ratio (%) 0.780.910.810.760.44
Current Ratio (X) 1.401.371.361.211.27
Quick Ratio (X) 1.170.710.870.770.82
Inventory Turnover Ratio (X) 3.351.571.551.841.14
Interest Coverage Ratio (X) 1.932.512.291.691.48
Interest Coverage Ratio (Post Tax) (X) 1.192.082.131.100.32
Enterprise Value (Cr.) 1439.171822.80959.52931.69821.69
EV / Net Operating Revenue (X) 1.251.460.860.801.08
EV / EBITDA (X) 15.7314.888.1510.079.34
MarketCap / Net Operating Revenue (X) 1.001.240.630.510.55
Price / BV (X) 2.213.121.571.411.12
Price / Net Operating Revenue (X) 1.001.240.630.510.55
EarningsYield 0.020.030.030.07-0.13

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 1142.30 Cr. and Equity Capital is Rs. 22.54 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Construction, Contracting & Engineering409, 4th Floor, New Delhi Delhi 110025Contact not found
Management
NamePosition Held
Mr. Vinod KashyapChairman
Mr. Vineet KashyapManaging Director
Mr. Vikram KashyapJoint Managing Director
Mr. Vivek TalwarIndependent Director
Mr. Settihalli BasavarajIndependent Director
Mrs. Neelam Naresh KothariIndependent Director
Mr. Gopinath AmbadithodyIndependent Director
Mr. Vishal Sharat OhriNominee Director

FAQ

What is the intrinsic value of BL Kashyap & Sons Ltd and is it undervalued?

As of 05 May 2026, BL Kashyap & Sons Ltd's intrinsic value is ₹28.50, which is 52.02% lower than the current market price of ₹59.40, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (2.00 %), book value (₹23.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of BL Kashyap & Sons Ltd?

BL Kashyap & Sons Ltd is trading at ₹59.40 as of 05 May 2026, with a FY2026-2027 high of ₹80.1 and low of ₹40.3. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,339 Cr..

How does BL Kashyap & Sons Ltd's P/E ratio compare to its industry?

BL Kashyap & Sons Ltd has a P/E ratio of 150, which is above the industry average of 42.35. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is BL Kashyap & Sons Ltd financially healthy?

Key indicators for BL Kashyap & Sons Ltd: ROCE of 8.08 % is on the lower side compared to the industry average of 16.39%; ROE of 2.00 % is below ideal levels (industry average: 20.98%). Dividend yield is 0.00 %.

Is BL Kashyap & Sons Ltd profitable and how is the profit trend?

BL Kashyap & Sons Ltd reported a net profit of ₹27 Cr in Mar 2025 on revenue of ₹1,154 Cr. Compared to ₹44 Cr in Mar 2022, the net profit shows a declining trend.

Does BL Kashyap & Sons Ltd pay dividends?

BL Kashyap & Sons Ltd has a dividend yield of 0.00 % at the current price of ₹59.40. The company is currently not paying meaningful dividends.

Last Updated: May 5, 2026, 2:18 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 532719 | NSE: BLKASHYAP
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