BL Kashyap vs Gujarat Apollo vs Hazoor Multi: Which Stock Should You Track
- October 16, 2026
- Posted by: Neeraj Pandey
- Category: Market
BL Kashyap and Sons PE 1735.00, mkt cap Rs 1,173 crore. Gujarat Apollo Industries PE 76.98, mkt cap Rs 431 crore. Hazoor Multi Projects PE 15.81, mkt cap Rs 462 crore.
Quick Answer
BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects is a side-by-side comparison of three companies from the engineering and construction space. On this comparison, BL Kashyap and Sons carries a market capitalisation of about Rs 1,173 crore, against Rs 431 crore for Gujarat Apollo Industries and Rs 462 crore for Hazoor Multi Projects, with return on equity of 2.58%, 1.17% and 6.84% respectively. Each company’s numbers are presented here without a declared preference, since the right stock depends on an investor’s own criteria.
BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects starts with the core numbers most investors compare within the engineering and construction segment: market capitalisation, valuation multiples, profitability, dividend yield and the latest quarterly results. Figures below are sourced as of October 2026 and will shift with daily price moves.
All three names sit in the engineering and construction bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses. The sections below cover the company profiles, a valuation table, the latest quarter and a five-quarter trend for revenue and net profit.
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BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects: Company Overview
BL Kashyap and Sons is a listed Indian company in the engineering and construction space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 1,173 crore, a return on equity of 2.58% and a book value of Rs 23.37 per share. Its quarterly revenue moved from Rs 339.13 crore in June 2025 to Rs 346.12 crore in June 2026, a change of +2.1%.
Gujarat Apollo Industries is a listed Indian company in the engineering and construction space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 431 crore, a return on equity of 1.17% and a book value of Rs 390.88 per share. Its quarterly revenue moved from Rs 17.62 crore in June 2025 to Rs 17.48 crore in June 2026, a change of -0.8%.
Hazoor Multi Projects is a listed Indian company in the engineering and construction space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 462 crore, a return on equity of 6.84% and a book value of Rs 22.99 per share. Its quarterly revenue moved from Rs 180.13 crore in June 2025 to Rs 121.00 crore in June 2026, a change of -32.8%.
BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects: Valuation and Profitability Snapshot
| Metric | BL Kashyap and Sons | Gujarat Apollo Industries | Hazoor Multi Projects |
|---|---|---|---|
| Market Cap (approx.) | Rs 1,173 crore | Rs 431 crore | Rs 462 crore |
| PE Ratio (TTM) | 1735.00 | 76.98 | 15.81 |
| PB Ratio | 2.23 | 0.85 | 0.74 |
| Return on Equity (ROE) | 2.58% | 1.17% | 6.84% |
| EPS (TTM, Rs) | 0.03 | 4.32 | 1.08 |
| Dividend Yield | 0.00% | 0.60% | 0.00% |
| Debt to Equity | 0.57 | 0.08 | 0.73 |
| Book Value per Share (Rs) | 23.37 | 390.88 | 22.99 |
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On valuation, BL Kashyap and Sons trades at a PE of 1735.00 and a PB of 2.23, Gujarat Apollo Industries at a PE of 76.98 and a PB of 0.85, while Hazoor Multi Projects trades at a PE of 15.81 and a PB of 0.74. On return on equity, the three post 2.58%, 1.17% and 6.84% respectively, and on dividend yield they stand at 0.00%, 0.60% and 0.00%. BL Kashyap and Sons has the highest market capitalisation of the three at Rs 1,173 crore, while Gujarat Apollo Industries has the lowest at Rs 431 crore. BL Kashyap and Sons has the highest PE ratio of the three at 1735.00, while Hazoor Multi Projects has the lowest at 15.81. Hazoor Multi Projects has the highest return on equity of the three at 6.84%, while Gujarat Apollo Industries has the lowest at 1.17%. Hazoor Multi Projects has the highest debt to equity ratio of the three at 0.73, while Gujarat Apollo Industries has the lowest at 0.08. Debt to equity is 0.57, 0.08 and 0.73 for the three respectively.
BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) | YoY Change (Net Profit) |
|---|---|---|---|---|---|
| BL Kashyap and Sons | Rs 346.12 crore | Rs 10.00 crore | +2.1% | -8.8% | -7.8% |
| Gujarat Apollo Industries | Rs 17.48 crore | Rs 0.97 crore | -0.8% | -3.5% | -24.8% |
| Hazoor Multi Projects | Rs 121.00 crore | Rs 0.59 crore | -32.8% | -28.1% | -95.7% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter. A percentage change in net profit is shown as NA where the comparison quarter was a loss or the latest quarter is a loss, since the percentage is not meaningful in that case.
BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects: Five-Quarter Revenue and Net Profit Trend
The five-quarter view below shows how revenue and net profit moved from June 2025 to June 2026 for each company in BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects, which helps separate a one-quarter move from a steadier pattern.
Quarterly revenue (Rs crore)
| Quarter | BL Kashyap and Sons | Gujarat Apollo Industries | Hazoor Multi Projects |
|---|---|---|---|
| June 2025 | Rs 339.13 crore | Rs 17.62 crore | Rs 180.13 crore |
| September 2025 | Rs 357.08 crore | Rs 20.63 crore | Rs 102.30 crore |
| December 2025 | Rs 324.86 crore | Rs 22.87 crore | Rs 140.22 crore |
| March 2026 | Rs 379.64 crore | Rs 18.12 crore | Rs 168.40 crore |
| June 2026 | Rs 346.12 crore | Rs 17.48 crore | Rs 121.00 crore |
Quarterly net profit (Rs crore)
| Quarter | BL Kashyap and Sons | Gujarat Apollo Industries | Hazoor Multi Projects |
|---|---|---|---|
| June 2025 | Rs 10.85 crore | Rs 1.29 crore | Rs 13.79 crore |
| September 2025 | -Rs 8.62 crore | Rs 1.89 crore | -Rs 9.94 crore |
| December 2025 | Rs 11.83 crore | Rs 0.22 crore | Rs 6.46 crore |
| March 2026 | -Rs 12.52 crore | Rs 1.76 crore | Rs 32.38 crore |
| June 2026 | Rs 10.00 crore | Rs 0.97 crore | Rs 0.59 crore |
BL Kashyap and Sons reported revenue of Rs 339.13 crore in June 2025 and Rs 346.12 crore in June 2026, a change of +2.1% across the period. Its highest quarterly revenue in this window was Rs 379.64 crore in March 2026. Net profit stood at Rs 10.00 crore in June 2026, which is a net profit margin of 2.89%. BL Kashyap and Sons reported a net loss in September 2025 and March 2026.
Gujarat Apollo Industries reported revenue of Rs 17.62 crore in June 2025 and Rs 17.48 crore in June 2026, a change of -0.8% across the period. Its highest quarterly revenue in this window was Rs 22.87 crore in December 2025. Net profit stood at Rs 0.97 crore in June 2026, which is a net profit margin of 5.55%.
Hazoor Multi Projects reported revenue of Rs 180.13 crore in June 2025 and Rs 121.00 crore in June 2026, a change of -32.8% across the period. Its highest quarterly revenue in this window was Rs 180.13 crore in June 2025. Net profit stood at Rs 0.59 crore in June 2026, which is a net profit margin of 0.49%. Hazoor Multi Projects reported a net loss in September 2025.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three engineering and construction names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and factors specific to the segment such as order book size, execution pace, working capital cycles and the mix of government and private projects. A single-quarter snapshot can shift quickly, and smaller companies in particular can show wide swings from one quarter to the next.
It also helps to read the latest quarterly filings and investor presentations of BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects directly, since the figures here come from standardised data and do not capture company-specific context such as one-time items, order timing or promoter actions.
Conclusion
BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects highlights how differently three companies in the same engineering and construction segment can look across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects
What is the market cap difference between BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects?
Ans. As of October 2026, BL Kashyap and Sons has a market cap of approximately Rs 1,173 crore, Gujarat Apollo Industries is at approximately Rs 431 crore, and Hazoor Multi Projects is at approximately Rs 462 crore. BL Kashyap and Sons is the largest of the three, and its market capitalisation is about 2.7 times that of Gujarat Apollo Industries, the smallest. Market capitalisation reflects the size of a company in the market rather than the quality of its business, so a larger value does not by itself signal a higher quality company. These figures move with the share price every trading day, which is why the table above should be read as a snapshot rather than a fixed ranking in the BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects comparison.
What are the PE and PB ratios of BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects?
Ans. As of October 2026, the PE ratios stand at 1735.00, 76.98 and 15.81 respectively, and the price to book ratios stand at 2.23, 0.85 and 0.74 respectively. All three companies have a positive trailing PE, so the multiples can be compared directly. The PE ratio shows how much investors pay for each rupee of trailing earnings, while the PB ratio compares the market value with the net assets on the balance sheet. Both multiples should be read against the segment norms for engineering and construction and against each company’s own growth and earnings stability, because a high multiple can reflect expected growth or simply a small earnings base.
Which of the three has the highest ROE?
Ans. BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects post ROE of 2.58%, 1.17% and 6.84% respectively as of October 2026. Hazoor Multi Projects has the highest return on equity of the three at 6.84%, while Gujarat Apollo Industries has the lowest at 1.17%. Return on equity measures how much profit a company generates on the capital contributed by its shareholders, so it is a useful gauge of how efficiently equity is being used. A negative ROE points to losses over the period, and a very high ROE can sometimes result from a small equity base rather than operating performance. It is therefore worth reading ROE together with debt levels and the five-quarter profit trend before drawing any conclusion from the BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects figures.
Which of these three stocks pays the highest dividend yield?
Ans. BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects carry dividend yields of 0.00%, 0.60% and 0.00% respectively as of October 2026. Dividend yield is the annual dividend per share expressed as a percentage of the current share price, so it changes whenever the price changes. A low or zero yield is common among companies that retain profits to fund expansion, repay debt or absorb losses, and it does not by itself say anything about business quality. Investors who care about income should also check how consistently each company has paid dividends and what share of profit it distributes.
What is the debt to equity ratio for BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects?
Ans. BL Kashyap and Sons carries a debt to equity of 0.57, Gujarat Apollo Industries of 0.08, and Hazoor Multi Projects of 0.73. Hazoor Multi Projects has the highest debt to equity ratio of the three at 0.73, while Gujarat Apollo Industries has the lowest at 0.08. The debt to equity ratio compares total borrowings with shareholders’ funds, and a higher figure means the company relies more on borrowed money to run its business. What counts as a comfortable level differs by segment, since some businesses in engineering and construction need heavy capital and carry more debt than others. Investors usually read this ratio alongside interest costs and cash generation to judge how well each company can service its borrowings in the BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects comparison.
What were the latest quarterly revenue and net profit of BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects?
Ans. For Q1 FY27 (quarter ended June 2026), BL Kashyap and Sons reported revenue of Rs 346.12 crore and net profit of Rs 10.00 crore, Gujarat Apollo Industries reported revenue of Rs 17.48 crore and net profit of Rs 0.97 crore, and Hazoor Multi Projects reported revenue of Rs 121.00 crore and net profit of Rs 0.59 crore. Compared with the quarter ended June 2025, revenue changed by +2.1% for BL Kashyap and Sons, -0.8% for Gujarat Apollo Industries and -32.8% for Hazoor Multi Projects. A single quarter can be affected by seasonality, one-time items and the timing of orders, so the five-quarter tables above give a clearer sense of direction than any one result. A net loss in a quarter does not always mean a troubled business, but it does call for a closer look at costs, debt and the reasons behind the swing in the BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects results.
Does this comparison recommend one of BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects?
Ans. This comparison does not declare one stock ahead of another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research. Instead of a verdict, the tables above lay out the figures so that readers can weigh them against their own goals, time horizon and tolerance for risk. For companies in engineering and construction, it also helps to look at factors such as order book size, execution pace, working capital cycles and the mix of government and private projects. Reading the latest filings and investor presentations of BL Kashyap and Sons, Gujarat Apollo Industries and Hazoor Multi Projects directly, and speaking to a SEBI registered adviser where needed, is a sensible step before acting on any numbers shown in BL Kashyap and Sons vs Gujarat Apollo Industries vs Hazoor Multi Projects.
