KNR Constructions Ltd. News and Updates

Name: Latest research reports of KNR Constructions Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: KNR Constructions Ltd.
Rating: 5
Author: ICICI Securities Limited

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KNR Constructions Ltd.

20 Aug 2020, 12:00AM

235.92

-1.00%

KNR Constructions

Buy: KNR Constructions Ltd.

Target

ICICI Securities Limited

Considering strong execution, best in class WC, monetisation of BOT/HAM assets, healthy balance sheet, strong return ratios, we maintain BUY on the stock with revised SoTP TP of | 300. We will closely monitor irrigation receivables, execution that could be a key trigger for upgrade/downgrade....

KNR Constructions Ltd. is trading above its 50 day SMA of 225.2

KNR Constructions Ltd.

19 Aug 2020, 12:00AM

235.92

-1.00%

Q1FY21 Result Update - Stellar execution; margins continues to beat - BUY

Buy: KNR Constructions Ltd.

Prabhudas Lilladhar

Stake sale in KNR Walayar Tollways BOT project to Cube Highways is in final stage of negotiations and is expected to conclude in next two months. KNR Constructions posted strong results beating our & street estimates, despite Covid-19 pandemic impacting execution. Margins were better with...

KNR Constructions Ltd. is trading above its 50 day SMA of 225.2

KNR Constructions Ltd.

19 Aug 2020, 12:00AM

235.92

-1.00%

KNR Construct

Buy: KNR Constructions Ltd.

Target

Dolat Capital

We broadly maintain our revenue estimates however, we increase our EBITDA margin estimates by 48/ 50 bps for FY21E/ FY22E factoring Q1FY21 results. We have sizably lowered our depreciation estimates and increase our tax rate and accordingly increased our PAT estimates by 10.9%/ 10.4% for FY21E/ FY22E. Labour availability currently stands...

KNR Constructions Ltd. has lost -24.35% in the last 6 Months

KNR Constructions Ltd.

19 Aug 2020, 12:00AM

235.92

-1.00%

KNR Construct

Buy: KNR Constructions Ltd.

Target

Yes Securities

With fasterthanexpected rampup in operations and entire order book (current) coming under execution during H2 FY21, we have marginally increased our revenue estimates for FY21/FY22....

KNR Constructions Ltd. is trading below its 100 day SMA of 259.4

KNR Constructions Ltd.

19 Aug 2020, 12:00AM

235.92

-1.00%

Surprises with revenue growth against all odds

Buy: KNR Constructions Ltd.

Target

Motilal Oswal

19 August 2020 KNR Construction (KNR) outperformed in terms of execution by reporting revenue growth v/s our expectation of 35% YoY decline. The EBITDA margin expanded YoY on account of the rising share of higher margin irrigation projects, resulting in a strong beat on earnings. Including L1 orders, the order book (OB) stood strong at INR78.5b, implying OB/rev at 3.5x and providing healthy revenue visibility. KNR continues to surprise with its steady performance. However, the working capital cycle has witnessed marginal deterioration. This is primarily on account of pending dues from the Telangana government, which have been stalled since Feb20 and currently stand at INR6.8b. The management hopes to receive INR4.4b within the next few weeks. Factoring the strong performance in 1QFY21, we increase our FY21/FY22E EPS by 28%/7%. We maintain our (b) the book value of road assets.

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

KNR Constructions Ltd.

18 Aug 2020, 02:38PM

235.92

-1.00%

KNR Constructions share price rises 6% post June quarter earnings

Moneycontrol

The company's other income stood at Rs 7 crore, while tax expense was at Rs 17.3 crore.

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

KNR Constructions Ltd.

17 Jun 2020

235.92

-1.00%

Buy KNR Constructions; target of Rs 279: HDFC Securities

Moneycontrol

HDFC Securities is bullish on KNR Constructions has recommended buy rating on the stock with a target price of Rs 279 in its research report dated June 13, 2020.

KNR Constructions Ltd. is trading above its 50 day SMA of 225.2

Buy KNR Construction; target of Rs 272: Anand Rathi

Moneycontrol | 17 Jun 2020 2 more

KNR Constructions Ltd.

16 Jun 2020

235.92

-1.00%

KNR CONSTRUCTIONS LIMITED

Buy: KNR Constructions Ltd.

Target

Geojit BNP Paribas

Q4FY20 revenue declined by 6% YoY due to Covid led disruption in execution while PAT declined by 27% YoY. EBITDA margin improved by 161bps YoY to 21.7% due to...

KNR Constructions Ltd. has lost -24.35% in the last 6 Months

KNR Constructions Ltd.

15 Jun 2020

235.92

-1.00%

Buy KNR Constructions; target of Rs 247: Dolat Capital

Moneycontrol

Dolat Capital is bullish on KNR Constructions has recommended buy rating on the stock with a target price of Rs 247 in its research report dated June 12, 2020.

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

Buy KNR Construction; target of Rs 280: Motilal Oswal

Moneycontrol | 15 Jun 2020

KNR Constructions Ltd.

15 Jun 2020

235.92

-1.00%

KNR Construct

Buy: KNR Constructions Ltd.

Anand Rathi

Its penchant to deliver better than expected on execution and margins continued even during the Covid-impacted Q4. More inspiring were pruned gross and net debt, implying management continues to strike a fine balance between the income statement and balance sheet. With its sound strategy intact, we see the Covid-disruption as short-lived, and KNR recovering from this largely unscathed (consequently, better placed). It also appears insulated from an expected near-term slowdown in ordering, thanks to the recently added irrigation orders....

KNR Constructions Ltd. has an average target of 310.20 from 5 brokers.

Is KNR Constructions Ltd. worth buying?

463 Votes:

Buy 84.88%

Sell 6.7%

Hold 8.42%

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