KNR Constructions Ltd. News and Updates

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

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KNR Constructions Ltd.

17 Aug 2016

223.66

-1.19%

KNR Constructions: Q1FY17 Result Review: Pick up in executio... (Aug 17, 2016)

Buy: KNR Constructions Ltd.

Karvy

KNR Q1FY17 performance was better than estimates on account of better execution in the recently won orders. Revenue of Rs 3.03bn (+77% YoY) and EBITDA of Rs 437mn (+78% YoY) came higher than consensus estimates of Rs 2.4bn/Rs 350mn. EBITDA margin stood at 14.4% (flat YoY), in-line with estimate. Reported PAT increased sharply by 101% YoY to Rs302 mn (much higher than estimate of Rs 160mn) primarily led by better operating profit and lower tax outgo (MAT credit entitlement). Going ahead, we maintain our estimates with 25% PAT CAGR over FY16-18E, driven by strong order backlog and pick up in execution. Maintain Buy with TP of Rs 740.

KNR Constructions Ltd. has lost -29.14% in the last 6 Months

KNR Constructions Ltd.

17 Aug 2016

223.66

-1.19%

KNR Construction Q1FY17 Update 17Aug2016

Buy: KNR Constructions Ltd.

Phillip Capital

Topline at Rs 3bn (+77% yoy) was significantly ahead of expectations (Rs 2.5bn). EBITDA margins at 14.4% were inline with expectations of 14.5%. EBITDA at Rs 437mn (+77% yoy) was ahead of estimates of Rs 320mn. PAT of Rs302mn (+87% yoy) boosted by beat at topline was significantly ahead of our (Rs 178mn) and consensus (Rs 207mn) expectations. Order book at Rs 42.6bn is a robust 4.2x book-to-sales. However, including Rs 6.7bn of order received during July 2016, the orderbook stands at Rs 49.3bn (4.8x book-to-sales) providing high revenue visibility....

KNR Constructions Ltd. is trading above its 50 day SMA of 221.0

KNR Constructions Ltd.

16 Aug 2016

223.66

-1.19%

KNR Constructions (1QFY17): Going Strong. Maintain BUY

Buy: KNR Constructions Ltd.

HDFC Securities

KNRC delivered strong 1QFY17 net profit beat, ~17% ahead of our estimates (on account of Rs 56mn MAT credit entitlement). However, on an adjusted basis, APAT was ~5% lower than our estimates.

KNR Constructions Ltd. is trading below its 100 day SMA of 229.8

KNR Constructions Ltd.

12 Aug 2016

223.66

-1.19%

Dilip Buildcon lists at 10% premium, in line with KNR Constructions

Economic Times

Ideally, if any investor finds it an opportunity to book profits, he could do it at this time, said Santosh Yellapu, analyst, Angel Broking.

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

KNR Constructions Ltd.

08 Aug 2016

223.66

-1.19%

Buy KNR Constructions Ltd., target Rs 750.0 : Reliance Securities

Economic Times

Buy KNR Constructions Ltd. at a price target of Rs 750.0

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

KNR Constructions Ltd.

20 Jun 2016

223.66

-1.19%

KNR Constructions: Q4FY16 Result Review: Pick-up in Executio... (Jun 01, 2016)

Buy: KNR Constructions Ltd.

Karvy

KNR Constructions Limited - KNRCON Q4FY16 operational performance was better than our estimate on account of better execution and higher than expected margins. Revenue of Rs 2.94bn (+15% YoY) and EBITDA of Rs 451mn (+30% YoY) came higher than our respective estimates of Rs 2.6bn/Rs 353mn. EBITDA margin stood at 15.3% (+168bps YoY), higher than our estimate of 13.5%. Reported PAT increased sharply by 138% YoY to Rs580 mn (much higher than our estimate of Rs 153mn) primarily led by expansion in EBITDA margin coupled with higher other income (includes Rs 58.6 mn related to interest on income tax refunds) and tax reversal for prior periods. For FY16, revenue increased by 3% YoY to Rs 9.0 bn; EBITDA margin improved by 282 bps to 17.2% leading to a bottom line of Rs 1.6bn (+120% YoY). Karvy maintain Buy with TP of Rs 740.

Trendlyne has 16 reports on KNRCON updated in the last year from 5 brokers with an average target of Rs 737.8. Brokers have a rating for KNRCON with 1 upgrade ,downgrade,2 price upgrades and 0 price downgrades in past 6 months ,7 upgrades and 1 downgrades in past 12 months.

KNR Constructions Ltd. has lost -29.14% in the last 6 Months

KNR Constructions Ltd.

14 Jun 2016

223.66

-1.19%

KNR Construction Q4FY16 Result Update

Buy: KNR Constructions Ltd.

BOB Capital Markets Ltd.

KNR posted healthy results in Q4FY16 by reporting revenues of Rs. 2.9 bn, a growth of 15.7%/35.4% YoY/QoQ respectively led by strong execution. EBITDA margin expanded by 168 bps to 15.3% vs. 13.6%YoY....

KNR Constructions Ltd. has lost -36.07% in the last 1 Year

KNR Constructions Ltd.

07 Jun 2016

223.66

-1.19%

Buy KNR Constructions, target Rs 642: Vinod Nair

Economic Times

A reduction in interest rate will energize the tepid sector by way of additional capex in the economy and expect order flow to rise. A strong balance sheet, efficient working capital management and comfortable debt/equity ratio at 0.9x, make KNR a favourable pick.

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

KNR constructions: Smallcap mantra by Geojit BNP Paribas

Economic Times | 08 Jun 2016

KNR Constructions Ltd.

02 Jun 2016

223.66

-1.19%

KNR Construction Q4FY16 Update 2June2016

Buy: KNR Constructions Ltd.

Phillip Capital

Topline at Rs 2.9bn (+16% yoy) was ahead of expectations. EBITDA margins at 15.3% were higher than expectations of 14.5%. PAT of Rs328mn was boosted by tax writeback/MAT credit. PBT was inline with...

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

KNR Constructions Ltd.

01 Jun 2016

223.66

-1.19%

KNR Constructions: Q4FY16 Result Review: Pick-up in Executio... (Jun 01, 2016)

Buy: KNR Constructions Ltd.

Karvy

KNR Q4FY16 operational performance was better than our estimate on account of better execution and higher than expected margins. Revenue of Rs 2.94bn (+15% YoY) and EBITDA of Rs 451mn (+30% YoY) came higher than our respective estimates of Rs 2.6bn/Rs 353mn. EBITDA margin stood at 15.3% (+168bps YoY), higher than our estimate of 13.5%. Reported PAT increased sharply by 138% YoY to Rs580 mn (much higher than our estimate of Rs 153mn) primarily led by expansion in EBITDA margin coupled with higher other income (includes Rs 58.6 mn related to interest on income tax refunds) and tax reversal for prior periods. For FY16, revenue increased by 3% YoY to Rs 9.0 bn; EBITDA margin improved by 282 bps to 17.2% leading to a bottom line of Rs 1.6bn (+120% YoY). Maintain Buy with TP of Rs 740.