B.L Kashyap – A Qual­ity, In­tegrity & In­no­va­tion Driven Com­pany

NBM&CW - - INTERVIEW -

B. L. Kashyap and Sons Ltd. (BLK),

For B.L Kashyap, from an in­dus­try per­spec­tive, 2017 so far has been an event­ful one with the carry-over ef­fects of de­mon­e­ti­za­tion, changes in labour norms (such as KYC of work­ers and bank ac­count hold­ers and changes in pay­ment modes). With the GST roll­out and RERA com­ing into ef­fect, it has been a year of up­heavals! The In­dus­try is still feel­ing the ef­fects of th­ese pol­icy changes and will prob­a­bly be slug­gish for another two to three quar­ters or so.

At the com­pany level, we wel­come th­ese changes, and feel that they will be pos­i­tive in the long run by bring­ing in a level play­ing field for large and mid-size con­struc­tion op­er­a­tors like us as well as for small scale con­trac­tors, and even­tu­ally ben­e­fit­ing the con­sumers.

Cur­rently, BLK is ex­e­cut­ing projects for the Em­bassy Group in the south, and IREO, BPTP, Em­mar,

a lead­ing Con­struc­tion, In­fra­struc­ture and Civil En­gi­neer­ing com­pany, is reg­is­ter­ing av­er­age growth of 15-20% an­nu­ally. It has been in­stru­men­tal in con­struct­ing some of the coun­try’s lead­ing build­ings and in­fra­struc­ture, and is cur­rently in­volved in sev­eral metro and air­port projects.

at­tributes the com­pany’s per­for­mance to the use of cut­ting edge tech­ni­cal sys­tems and man­age­ment in­te­gra­tion. Black­stone Oxy­gen, Hero Group and Bur­man in the NCR. One of our re­cent Mar­que projects was the Com­pos­ite Com­mer­cial Space of 34.5 lakh sq.ft. in Ban­ga­lore, which we de­liv­ered to the client in just 15 months.

Com­mer­cial projects (of­fices and malls) are gen­er­at­ing most of our rev­enue cur­rently, fol­lowed by res­i­den­tial and gov­ern­ment projects.

What op­por­tu­ni­ties do you see for BLK in in­fra­struc­ture de­vel­op­ment such as Air­ports and Metro rails?

We be­lieve op­por­tu­ni­ties are abun­dant for us for EPC con­tract­ing, but what is hold­ing us back cur­rently is the en­vi­ron­ment. We are amongst the few com­pa­nies that have a track record for ex­e­cut­ing large projects on time and with the de­sired qual­ity re­quired by clients.

How has the year 2017 been for BLK with re­spect to ma­jor projects?

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