B. L. Kashyap & Sons (BLKASHYAP) reported Q2 FY26 consolidated revenue of ₹355.13 Cr, a significant increase from ₹267.28 Cr year-over-year.

However, the company posted a negative PAT of -₹8.63 Cr compared to ₹9.38 Cr in the prior year.

Orders booked remain strong at ₹4,087 Cr as of September 30, 2025. Key strategies include targeting 25% government projects by FY27 and advancing composite steel construction for operational efficiency.

The company has planned ₹55 Cr in capex for FY26 focused on innovation and upskilling.

A major positive development is the substantial debt transformation, with fund-based debt reduced from ~₹700 Cr to ~₹275 Cr, leading to a credit rating upgrade to CRISIL B+/Stable /A4. BLKASHYAP aims to monetize non-core assets to further strengthen its balance sheet.

New orders worth ₹2024 Cr were secured this financial year.