New Delhi, February 11, 2026: B L Kashyap & Sons Ltd., a prominent civil engineering and construction firm listed on BSE and NSE, announced its financial results for the third quarter of FY2025–26, reporting steady growth in revenue, profitability, and order inflows.
Financial performance shows steady improvement
The company posted consolidated revenue of Rs. 323.87 crore for Q3 FY26, while profit after tax (PAT) stood at Rs. 11.83 crore. This marks a significant turnaround compared to the previous quarter (Q2 FY26), when the company recorded revenue of Rs. 355.13 crore but reported a net loss of Rs. 8.63 crore.
EBITDA for the quarter improved to Rs. 28.87 crore from Rs. 20.47 crore in the preceding quarter, reflecting stronger operational efficiency and improved cost management.
On a year-on-year basis, the company also delivered solid growth. In Q3 FY25, revenue was Rs. 241.87 crore, with PAT of Rs. 1.12 crore, indicating notable improvement in both revenue scale and profitability this year.
Nine-month performance reflects strong execution momentum
For the nine-month period ending December 31, 2025, the company reported consolidated revenue of Rs. 1,015.42 crore and PAT of Rs. 14.06 crore. This compares to revenue of Rs. 859.45 crore and PAT of Rs. 30.74 crore during the same period in the previous fiscal year.
The higher revenue during the current period reflects improved project execution, stronger billing cycles, and sustained operational performance despite sector-wide challenges.
Order inflows surge significantly, strengthening growth outlook
One of the most notable developments during the quarter was the sharp rise in new orders. The company secured fresh contracts worth Rs. 1,528.98 crore in Q3 FY26, compared to Rs. 250 crore during the same quarter last year — representing a substantial 612% increase.
Major contracts were awarded by leading clients, including Embassy Constructions Pvt. Ltd., DLF Home Developers Ltd., Sattva CKC Pvt. Ltd., and ESNP Property Builders and Developers Pvt. Ltd..
These new orders have significantly expanded the company’s project pipeline and improved revenue visibility over the next 18 to 24 months.
Order book expands strongly, reinforcing future revenue visibility
As of December 31, 2025, the company’s order book stood at Rs. 5,293 crore, reflecting strong growth. This represents a 29.5% increase compared to Rs. 4,087 crore as of September 30, 2025.
On a nine-month basis, the order book grew by 60% compared to Rs. 3,311 crore during the corresponding period last year, highlighting robust demand and improved competitive positioning.
Management commentary remains optimistic about future growth
Commenting on the company’s performance, Vineet Kashyap, Managing Director, said:
“Our Q3 FY26 performance reflects the strength of our focused tendering strategy, operational consistency, and financial resilience. During the quarter, we delivered steady performance and maintained strong financial discipline, reflected in positive EBITDA and sustained revenue despite a challenging environment. We continue to prioritise high-volume residential developments, data centres, and built-to-suit office projects, while investing in advanced construction technologies that enhance speed, quality, and cost efficiency.
The sharp increase in order inflows, particularly from marquee clients, has significantly strengthened our project pipeline and improved revenue visibility for the coming quarters. Our expanding order book, coupled with improving balance sheet health and sustained CAPEX in formwork systems, reinforces our delivery capabilities and positions us well to capitalise on emerging opportunities across key construction segments. Backed by strong talent investments and a future-ready approach, we remain focused on prudent financial management and delivering long-term value through consistent performance.”
Strong fundamentals support long-term growth strategy
The company’s continued focus on financial discipline, efficient execution, and selective project acquisition has contributed to improved operational stability. Positive EBITDA performance, a growing order book, and increasing client confidence underscore the company’s strengthened market position.
With a healthier balance sheet, improved execution capabilities, and rising demand from key sectors such as residential, commercial offices, and data centres, the company remains well-positioned for sustained growth in the coming quarters.
Last Updated on: Saturday, February 14, 2026 3:57 pm by Digital Herald Team | Published by: Digital Herald Team on Saturday, February 14, 2026 3:57 pm | News Categories: Brand Post