B. L. Kashyap & Sons reported a Q3 FY26 consolidated revenue of ₹323.87 Cr and a profit after tax (PAT) of ₹11.83 Cr.

The company's Q3 consolidated EBITDA margin was 8.91% and PAT margin 3.65%. The total order book stands strong at ₹5,293 Cr as of December 2025, with new orders worth ₹3,258 Cr secured this financial year.

Key strategies include boosting government project participation to 25% by FY27, expanding its data center portfolio, and targeting commercial, mixed-use, and high-end residential developments.

The company also focuses on balance sheet strengthening through non-core asset monetization and workforce development.

A notable development is the significant debt transformation, with fund-based debt reduced from ~₹700 Cr to ~₹270 Cr, leading to an upgraded credit rating of CRISIL BB-/Stable /A4. Haryana, Karnataka, and Tamil Nadu are key contributors to the robust order book, underscoring strong market presence.