Order Win / Construction Contract
B.L. Kashyap Secures ₹180 Crore Commercial Building Civil & Structural Work Order
NSE
blkashyap
BSE
532719
B.L. Kashyap and Sons Limited has secured a domestic civil and structural work order worth ₹180 crore (excluding GST) from Immencity Office Parks Pvt. Ltd. for construction works at Century Red Oak Commercial Building Block 1 in Bengaluru. The project execution timeline is approximately 18 months.
PRICE-SENSITIVE TRIGGER
Event: Receipt of new commercial building construction work order
Type: Order Win / Construction Contract
Impact: Positive
Immediate Effect: The order strengthens B.L. Kashyap’s order book visibility and reinforces its position in commercial real estate construction projects
Key Metrics:
- Total Order Value: ₹180 Crore (Excluding GST)
- Project Type: Civil & Structural Works
- Project Location: Yelahanka Hobli, Bengaluru
- Execution Timeline: Approximately 18 Months
- Nature of Contract: Commercial Building Construction
- Order Category: Domestic Order
Highlight:
- B.L. Kashyap secured a ₹180 crore commercial construction work order.
- Project awarded by Immencity Office Parks Pvt. Ltd.
- Order improves revenue visibility over the next 18 months.
- Strengthens company presence in commercial infrastructure construction
What Happened ?
B.L. Kashyap and Sons Limited informed the exchanges under Regulation 30 of SEBI LODR Regulations that the company has secured a work order worth ₹180 crore excluding GST.
The contract has been awarded by Immencity Office Parks Pvt. Ltd. and involves civil and structural works for Century Red Oak Commercial Building Block 1 located at Shivana Halli, Yelahanka Hobli, Bengaluru.
The company stated that the project is domestic in nature and is expected to be executed over an approximate period of 18 months. The company also clarified that the promoter group has no interest in the awarding entity and the transaction does not fall under related party transactions.
key highlights
Order Details:
- Order awarded by Immencity Office Parks Pvt. Ltd.
- Contract relates to civil and structural works for commercial building construction.
- Project site located at Century Red Oak Commercial Building Block 1, Bengaluru.
- Total contract value stands at ₹180 crore excluding GST.
- Project execution timeline estimated at around 18 months.
- Order categorized as domestic business contract.
- Company confirmed no promoter or promoter group interest in awarding entity.
- Transaction does not qualify as related party transaction.
- Letter of Intent received and accepted on 05-05-2026 at 1:54 PM.
Note:
- Large commercial construction orders improve execution pipeline visibility and support medium-term revenue growth for EPC and construction companies
Risk Analysis
Key Risks
- Delays in project execution may impact revenue recognition timelines.
- Construction sector margins remain sensitive to raw material price fluctuations.
- Working capital requirements may increase during execution phase.
- Real estate market slowdown could affect future order inflows
Worst Case Scenario
- Any major delay, cost escalation, or payment collection issue could impact profitability and cash flow realization from the project
Risk Level: Medium
Company Commentary
- Company secured order worth ₹180 crore excluding GST.
- Contract awarded by Immencity Office Parks Pvt. Ltd.
- Work relates to civil and structural construction activities.
- Project execution timeline estimated at 18 months.
- Company confirmed absence of related party involvement.
- Disclosure made under Regulation 30 of SEBI LODR Regulations
Official Exchange Filing: B.L. Kashyap and Sons Limited