New Delhi, February 11, 2026: B L Kashyap & Sons Ltd. has reported its financial performance for the third quarter of FY2025–26, recording improved profitability, strong order inflows, and steady operational progress despite challenging sector conditions.
Profitability improves alongside stable operational performance
In Q3 FY26, the company reported consolidated revenue of Rs. 323.87 crore and profit after tax (PAT) of Rs. 11.83 crore. This represents a turnaround from Q2 FY26, when the company reported a loss of Rs. 8.63 crore on revenue of Rs. 355.13 crore.
The company also saw improvement in operating performance, with EBITDA rising to Rs. 28.87 crore during the quarter, compared to Rs. 20.47 crore in the previous quarter, indicating improved efficiency and better cost control.
Compared to Q3 FY25, when revenue stood at Rs. 241.87 crore and PAT was Rs. 1.12 crore, the latest quarterly results reflect strong year-on-year growth in both revenue and profitability.
Nine-month revenue increases due to improved execution
For the nine-month period ending December 31, 2025, the company posted consolidated revenue of Rs. 1,015.42 crore and PAT of Rs. 14.06 crore. During the same period in the previous financial year, the company had reported revenue of Rs. 859.45 crore and PAT of Rs. 30.74 crore.
The growth in revenue during the current financial year reflects better project execution, improved billing efficiency, and steady progress across ongoing projects.
Significant rise in order inflows strengthens pipeline
The company secured new contracts worth Rs. 1,528.98 crore during Q3 FY26, compared to Rs. 250 crore in Q3 FY25, marking a sharp increase in order inflows. These new orders enhance the company’s project pipeline and provide strong revenue visibility for the future.
Major orders were received from prominent clients, including Embassy Constructions Pvt. Ltd., DLF Home Developers Ltd., Sattva CKC Pvt. Ltd., and ESNP Property Builders and Developers Pvt. Ltd..
Order book expands, supporting future growth
As of December 31, 2025, the company’s order book stood at Rs. 5,293 crore, reflecting strong growth compared to Rs. 4,087 crore as of September 30, 2025. On a year-on-year basis, the order book increased significantly from Rs. 3,311 crore, highlighting strong demand and successful order acquisition.
The expanded order book strengthens revenue visibility and supports the company’s growth outlook over the coming quarters.
Management commentary
Commenting on the 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.”
Positive outlook supported by strong fundamentals
With rising order inflows, improved operational efficiency, and a stronger order book, the company is well positioned to sustain growth. Its continued focus on execution quality, financial discipline, and securing high-value projects is expected to support long-term performance and strengthen its position in the construction sector.
Last Updated on: Saturday, February 14, 2026 4:00 pm by Outlook News Team | Published by: Outlook News Team on Saturday, February 14, 2026 3:57 pm | News Categories: News
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