Name: Latest research reports of KNR Constructions Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: KNR Constructions Ltd.
Rating: 3
Author: Motilal Oswal

Weak execution leads to a sharp miss; outlook muted, estimates cut

Neutral: KNR Constructions Ltd.

Recommendation Target

Motilal Oswal

KNR Constructions (KNRC)’s revenue dipped 42.4% YoY to ~INR4.9b in 2QFY26 (16% below our estimate). EBITDA margin contracted 520bp YoY to 10.9% in 2QFY26 (vs. our estimate of 13.4%).