Tuesday, February 1, 2022

BL Kashyap Limited - Good pedigree better growth visibility BUY

 B. L. Kashyap and Sons Ltd. (BLK) has firmly established itself as one of the pre-eminent Construction, Infrastructure and Civil Engineering companies with a pan India presence.

The company got listed on the stock exchange in 2006.

The late Mr. B. L. Kashyap, a well respected, adept construction professional, inspired the team at BLK with his sheer determination to imprint the organization with an indelible mark across all asset classes. BLK is now run by Gen Next - Vinod Kashyap, Vineet Kashyap and Vikram Kashyap, and managed by a well renowned team of engineers, management and industry professionals.

Skill Expertise

  • With a strong workforce of more than 1500 engineers & professionals and strength of our contract employees, BLK is able to deliver projects consistently across the country.

  • Our expertise spans an extensive range of services with Civil engineering excellence, design-build projects and construction management being our key strengths. At BLK, the workforce is always driven to deliver projects promptly on-time using value driven solutions and top-notch project management techniques.

  • The team at BLK, has uncompromising standards of safety, quality, value engineering and timeline delivery.

Technology

  • BLK believes in constant innovation. We strive in setting new engineering standards in the field of construction and are continually researching and adopting new methods, technologies and practices to improve our skills with every project we undertake.

  • BLK has a large fleet of tower cranes, batching plants, transit mixers, cutting edge shuttering etc to facilitate projects with high quality construction materials.

Portfolio of projects completed and clients.

BLK has a diverse portfolio spread across various industries like IT Campuses, Commercial Spaces, Malls, Hotels, Residential Complexes, Institutions, Factories and Manufacturing Facilities, Healthcare and Transportation. BLK has created landmark edifices across the nation. We also undertake turnkey projects to set up power generation plants, power transmission and distribution systems, integrated rail and metro systems, residential buildings, townships, commercial buildings, airports, industrial units, chemical process plants, water and waste water management solutions.

BLK has created landmark edifices across the nation. Our clients include The Escorts Group, Goetz India Ltd., Birla Group, Carraro India, Oberoi Hotels, Taj Group of Hotels, Shangri-La, Hilton, Four Seasons, IBIS Hotel, Novotel, JW Marriott and 100 more companies.

Segments serviced

  • Residential

  • Institutional

  • Hospital

  • Hotels

  • IT Parks

  • Retail

  • Commercial

  • Infrastructure

  • Industrial

Quality

Quality is a key driver at BLK and forms the fundamental core of our working process. The usage of latest equipment, teams of highly proficient engineers, skilled workmen, premium materials, quality tools and constant supervision, ensure superior and consistent quality in all our projects.

The at-site deployment of Senior site supervisors for all processes, elaborate documentation and reporting, in-organization quality audits, scheduled management visits and periodic reviews, ensure quality workmanship, finishing, detailing and on-time completion of projects.

The encouraging, highly satisfied testimonials of our clients, their repeat business and the expanding reach of our operations are a testament to our quality and our commitment to customer satisfaction.

Stock Performance - 12 Months

The scrip had a Year High of 34 and Year Low of 9 and is currently trading at 28 levels. The scrip is getting support around 24 levels and should be bought on declines.

With good execution track record and a decent pipeline of projects in hand, BL Kashyap is likely to do better in next 2-3 years.

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