KNR Constructions Ltd. News and Updates

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

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KNR Constructions Ltd.

01 Nov 2017

214.96

1.31%

KNR Constructions Ltd.

Buy: KNR Constructions Ltd.

Ashika Research

Andhra Pradesh, Karnataka, Telengana and Tamil Nadu and that region accounts for ~88% of its current order book. Its clientele in the road segment includes NHAI, state governments and private companies. Besides, it also undertakes small projects in irrigation and water management, the company gets these orders from state governments. KNR over the years has evolved from a smaller sized Roads & Highways EPC player to a large one by executing projects within schedule time. As on 30th June 2017,...

KNR Constructions Ltd. has lost -38.26% in the last 1 Year

KNR Constructions Ltd.

21 Sep 2017

214.96

1.31%

KNR Constructions' JV arms gets order

Business Line

Shares of KNR Constructions will remain in fous, as its joint venture arm has bagged order worth 884.47. In a notice to the exchanges, the company said KNR -HES-ACPL (JV) has bagged order for...

KNR Constructions Ltd. has lost -32.46% in the last 6 Months

KNR Constructions Ltd.

20 Sep 2017

214.96

1.31%

KNR Construction Ltd. Q1FY18 Earning Update

Accumulate: KNR Constructions Ltd.

Choice India

KNR Constructions Limited is an India-based holding company. The Company is a multidomain infrastructure project development company. The Company undertakes engineering, procurement and construction (EPC) contracts, as well as build-operatetransfer (BOT) projects across various sectors, such as construction and maintenance of roads, highways, flyovers and bridges. Its range of verticals also include irrigation projects, water management, agriculture and trading business. It has completed approximately 5,890 kilometers of projects across over 10 states in India. Its urban water infrastructure management project is Challaghatta Main Valley Project, which involves the remodeling of primary and secondary storm drains, bridges/culverts and related works in Challaghatta Main Valley in Bangalore City. The Company's irrigation...

KNR Constructions Ltd. has lost -38.26% in the last 1 Year

KNR Constructions Ltd.

20 Sep 2017

214.96

1.31%

Management Visit Note of KNR Constructions

Mgmt Note: KNR Constructions Ltd.

IDBI Capital

The competitive intensity in flyovers and urban roads is limited. Earthworks and other low-value added work could be sub-contracted. Adding to that, higher share of fast moving bitumen projects can be a catalyst. Winning Hybrid Annuity Model...

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

KNR Constructions Ltd.

17 Aug 2017

214.96

1.31%

KNR Constructions (1QFY18): Outperformance priced in. Downgrade to NEUTRAL

Neutral: KNR Constructions Ltd.

Recommendation

HDFC Securities

Debtor's days remain the best in the industry at 35 days. With recent price outperformance we downgrade KNRC to NEUTRAL from BUY. Maintain SOTP of Rs 228/sh. KNRC delivered Revenue/EBIDTA beat 21.8/20.1% led by strong order book execution. Despite robust headline numbers, higher depreciation and lower adjusted other income/higher claims award/MAT credit led to 5.7% APAT beat. The B/S is healthy, with standalone net debt at Rs 1.1bn (net D/E at 0.1x, -0.01x adjusting for promoters loan of Rs 1.2bn).

KNR Constructions Ltd. has an average target of 286.50 from 5 brokers.

KNR Constructions Ltd.

17 Aug 2017

214.96

1.31%

KNR Constructions - 1QFY18 Result Update

Buy: KNR Constructions Ltd.

Target

Reliance Securities

KNR Constructions (KNRC) continued to report an above par performance in 1QFY18 marked by better-than-expected revenue booking (revenue surged by ~53% YoY to Rs4.6bn). A healthy order inflow especially in 1HFY17 and execution ramp-up in new projects led to better revenue booking. Whilst EBITDA rose by a strong 53% YoY to Rs675mn, EBITDA margins stood at 14.6% (flat on YoY). Better operating performance, higher other operating income due to Rs168mn claims received from two JVs and negative tax boosted its PAT by 124% YoY and 29% QoQ to Rs676mn. Though KNRC did not secure any fresh order during the quarter, it expects securing orders worth Rs20-25bn in FY18. Notably, even current order book at Rs33.4bn (2x TTM revenue)...

KNR Constructions Ltd. has lost -38.26% in the last 1 Year

KNR Constructions Ltd.

17 Aug 2017

214.96

1.31%

Result Review of KNR Constructions

Buy: KNR Constructions Ltd.

Target

IDBI Capital

Even excluding claim recognition of Rs168mn, KNR meets our Revenue/EBITDA/net profit expectations of Rs3.4bn/Rs499mn/Rs380mn. Including claims from disputed JVs, KNRC reports Rs4.8bn/Rs844mn/Rs675mn respectively. With Rs33bn in order backlog, translating into a mediocre book-bill of 2x FY18E revenues, we keep our fingers crossed. On order inflows, the narrative is yet to match reality. KNRC, however, guides for revenue exceeding Rs20bn in FY19. We draw from the company capital allocation policy. And we feel the risk-reward...

KNR Constructions Ltd. has lost -38.26% in the last 1 Year

KNR Constructions Ltd.

17 Aug 2017

214.96

1.31%

KNR Constructions Ltd - Result Update Q1FY18

Buy: KNR Constructions Ltd.

Edelweiss

KNR constructions (KNR), one of best managed road constructer with light balance sheet, low working capital and one of the highest RoCE among peers, reported its Q1FY18 numbers. Topline grew by...

KNR Constructions Ltd. has lost -32.46% in the last 6 Months

KNR Constructions Ltd.

14 Aug 2017

214.96

1.31%

KNR Constructions' Q1 net up at Rs 67.6 cr

Business Line

KNR Constructions Ltd has posted a net profit of Rs 67.58 crore for the first quarter ended June 30, 2017 against Rs 30.21 crore in the corresponding quarter last year on a standalone basis. The...

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

KNR Constructions Ltd.

12 Jun 2017

214.96

1.31%

KNR Construction Ltd

Accumulate: KNR Constructions Ltd.

Choice India

KNR Constructions Limited is a multi-domain infrastructure project development company. The Company undertakes engineering, procurement and construction (EPC) contracts, as well as build-operate-transfer (BOT) projects across various sectors, such as construction and maintenance of roads, highways, flyovers and bridges. Its range of verticals also include irrigation projects, water management, agriculture and trading...

KNR Constructions Ltd. has an average target of 286.50 from 5 brokers.

Is KNR Constructions Ltd. worth buying?

478 Votes:

Buy 85.15%

Sell 6.69%

Hold 8.16%

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