KNR Constructions Ltd. News and Updates

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

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KNR Constructions Ltd.

31 May 2016

201.38

2.38%

KNR Constructions - 4QFY16 Result Update

Buy: KNR Constructions Ltd.

Reliance Securities

KNR Constructions (KNRC) has reported a better-than-expected performance as execution ramp up, especially from new projects, along with favourable cost environment led to ~24% yoy growth in EBITDA to Rs436mn marginally ahead of our estimate (Rs417mn). Revenue stood at Rs2.94bn (+15% yoy & +45% qoq) v/s our estimate of Rs2.89bn. EBITDA margin continued to remain healthy ~14.8% (+106bps). Reported PAT grew by 138% yoy to Rs580mn v/s our estimate of Rs260mn mainly owing to Rs58.6mn incremental other income accounted from interest on I-T refunds and Rs156mn for reversal of excess tax paid for prior...

KNR Constructions Ltd. has lost -39.60% in the last 1 Year

KNR Constructions Ltd.

19 Feb 2016

201.38

2.38%

KNR Construction Q3FY16 Update 19Feb2016

Buy: KNR Constructions Ltd.

Phillip Capital

income (Rs 151mn vs. Rs 4mn in Q3FY15) and claim received from NHAI (Rs 148mn). Adjusting for the claim, topline of Rs 2bn declined 5% yoy due to lower execution on landacquisitionandfloodrelatedissues....

KNR Constructions Ltd. is trading below all available SMAs

KNR Constructions Ltd.

16 Feb 2016

201.38

2.38%

KNR Constructions (3QFY16): Gearing up. Maintain BUY

Buy: KNR Constructions Ltd.

HDFC Securities

KNRC delivered muted 3QFY16 EBITDA/RPAT, 3.2/23.4% below our estimates. EBITDA margins expanded 153bps to 15.6% (194bps contraction in material expenses). The balance sheet is healthy with standalone net debt at Rs 860mn (Rs 460mn increase QoQ, including Rs 785mn promoter?s loan) and net D/E at 0.14x (vs. 0.06x end-2QFY16).

Number of FII/FPI investors decreased from 145 to 135 in Jun 2025 qtr

KNR Constructions Ltd.

15 Feb 2016

201.38

2.38%

KNR Constructions - 3QFY16 Result Update

Buy: KNR Constructions Ltd.

Reliance Securities

Performance impacted by seasonal overhang; Expect recovery ahead KNR Constructions' (KNRC) 3QFY16 performance has been impacted by heavy rain and floods in its key project areas as top-line came in merely at Rs2.03bn (-5% yoy and -4% qoq). Operating profit increased by ~6% yoy to Rs316mn as against our estimate of Rs327mn. However, EBITDA margin stood strong at ~15.5% (+158bps yoy) as KNRC hardly compromises on margins while bidding for any new projects. We continue to maintain our positive stance on KNRC mainly on account of its healthy and quality order book (~4.1x TTM revenue). Furthermore,...

Number of FII/FPI investors decreased from 145 to 135 in Jun 2025 qtr

KNR Constructions Ltd.

23 Jan 2016

201.38

2.38%

KNR Construction: On the right path

Business Line

The companys execution track record has been good even in tough times

KNR Constructions Ltd. is trading below all available SMAs

KNR Constructions Ltd.

10 Dec 2015

201.38

2.38%

KNR Constructions Q2FY16 Result Update

Buy: KNR Constructions Ltd.

BOB Capital Markets Ltd.

Valuation: Increasing order book, better margins, potential to win more projects due to comfortable balance sheet with low D/E (0.1x for FY15) and recent announcement of order wins gives us confidence that KNR would...

KNR Constructions Ltd. has an average target of 223.00 from 5 brokers.

KNR Constructions Ltd.

20 Nov 2015

201.38

2.38%

KNR Constructions (2QFY16): Execution surprise. Maintain BUY

Buy: KNR Constructions Ltd.

HDFC Securities

KNR Constructions (KNRC) reported a strong 2QFY16 execution beat, with revenue/EBIDTA coming in 15.7/39.2% ahead of our estimates. Lower raw material costs resulted in EBIDTA margins expanding 23bps/369bps YoY/QoQ. The balance sheet is healthy with standalone net debt at Rs 400mn (Rs 190mn decrease QoQ) and net D/E at 0.06x (vs. 0.1x end-1QFY16).

KNR Constructions Ltd. has an average target of 223.00 from 5 brokers.

KNR Constructions Ltd.

17 Nov 2015

201.38

2.38%

KNR Constructions - 2QFY16 Result Update

Buy: KNR Constructions Ltd.

Reliance Securities

KNR Constructions (KNRC) reported an impressive performance as top-line grew by ~25% yoy to ~Rs2.1bn (above our estimate of Rs1.7bn) mainly on account of healthy execution and revenue flow from new bagged projects. Operating profit surged by ~16% yoy to Rs349mn. EBITDA margin stood strong at ~16.4% as KNRC has hardly compromised on operating margins while bidding for any new projects. Further, strong operating profit and low tax expenditures led reported net profit to grow 3 times on yearly comparison to Rs554mn. We continue to maintain our positive stance on KNRC mainly on account of its healthy and quality order...