141.9000 -1.28 (-0.89%)
NSE Jan 13, 2026 15:31 PM
Volume: 864.6K
 

141.90
-0.89%
Motilal Oswal
YoY to INR4.2b, exceeding our estimate of INR3.8b, supported by smooth execution of projects in hand. Key projects contributing to revenue were KP Sagar Irrigation Project (INR1.2b; 30% of revenue), Pollachi (INR457m), Madurai (INR416m) and Hubli (INR582m). Operating profit of INR831m (+1% 13 November 2018 YoY), too, was above our estimate of INR596m, supported by better revenue mix. Operating margin declined 100bp YoY to 20.0%, however, it was ahead of our estimate of 15.5%. Better-than-estimated margins were on account of better revenue mix (30% revenue contribution from KP Sagar Irrigation project where margins are in excess of 20% +). PAT declined 24% YoY to INR450m, exceeding our estimate of INR263m. Tax rate stood at 0.6% v/s our estimate of 10%. September 2018, order backlog stood at INR58.1b (including EPC value of HAM project), providing revenue visibility of 3.
KNR Constructions has lost -55.97% in the last 1 Year
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