B. L. Kashyap & Sons Ltd. is in the construction and infrastructure development sector with a market capitalisation worth Rs. 546.69 crore as of March 28, 2022. Its date of incorporation is May 8, 1989. As of December 2021, it reported consolidated net sales worth Rs. 277.82 crore, up 15.59% Y-o-Y. The company is listed on the Bombay Stock Exchange (BSE) with the code 532719 and on the National Stock Exchange (NSE) with the code BLKASHYAP.
The service portfolio of B. L. Kashyap & Sons Ltd. includes the construction of factories and manufacturing facilities, IT campuses, malls, hotels, and commercial, and residential complexes. Late Mr. B. L. Kashyap, a well-respected construction professional, founded the company in 1989. It is now managed by his sons Vineet Kashyap (Managing Director), Vinod Kashyap (Chairman), and Vikram Kashyap (Joint Managing Director), along with a team of well-recognised engineers, management, and industry professionals.
The company’s operations are coordinated from its headquarters in New Delhi and regional offices in Pune and Bangalore. It has around 26 projects in 11 states of the country. In June 1995, the company was converted into a public limited company. In April 2005, BLK Furnishers & Contractors was acquired by B.L. Kashyap & Sons Ltd. with its 11,000 equity shares.
B.L. Kashyap & Sons Ltd. was listed on the stock exchanges—BSE and NSE in 2006. In 2002, BLK built the first Park Hyatt in India and the Park Hyatt Goa Resort & Spa. BLK constructed Select City Walk, Saket, Delhi, in 2007. CNBC Awaz bestowed the mall with the Retail Mall of the Decade award in 2016. In the Bengaluru Times 500 list of India’s most valuable companies, BLK ranked at 249.
The company’s shareholding pattern includes 61.52% share with the promoters, 0.4% with foreign institutions, 23.64% with the general public, and 14.44% with others.
As of March 28, 2022, BL Kashyap’s share price NSE is trending at Rs. 24.45. The BL Kashyap and sons’ share price in BSE is Rs. 24.50. The last 52-week high for BL Kashyap share price was Rs. 33, and the last 52-week low Kashyap share price was Rs. 13.50.
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