Multibagger from its 52-week low: Small-Cap company with Rs 900 crore market cap reveals whooping Rs 2,650 crore order book!

The stock has a PE of 17.70x whereas the sectoral PE is 29x

B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP), one of the leading civil engineering and construction company, has announced its financial results for the fiscal year 2022-23. In Q4FY23, the company reported a revenue of Rs 282.10 crore, marking a 12 per cent growth over the Q3FY23 revenue of Rs 251.37 crore. The total revenue for FY23 amounted to Rs 1,116.15 crore.

Throughout the year, the company secured orders worth Rs 1,125.22 crore, resulting in an order book closure of Rs 2,522 crore as of March 31, 2023. The current order book stands at approximately Rs 2,650 crore. Notably, the order inflow for the fourth quarter ended March 31, 2023, reached Rs 692.72 crore, showcasing exponential growth compared to the preceding quarter.

These orders encompassed various segments such as railways, business parks, educational institutions, and residential complexes. With the strong execution of the existing order book and the robust momentum in the construction and infrastructure sector, the company anticipates continued growth. The significant influx of projects serves as evidence for this positive outlook.

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On Monday, shares of B.L. Kashyap plunged 2.96 per cent to Rs 39.62 per share with an intraday high of Rs 40 and an intraday low of Rs 39.32. The company has a market cap of Rs 900 crore.

The stock gave multibagger returns of 137.39 per cent from its 52-week low of Rs 16.85 per share. The stock has a PE of 17.70x whereas the sectoral PE is 29x. Investors should keep an eye on this small-cap stock.