NSE: KNRCON | BSE: 532942

Strong Performer, Under Radar

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223.89 0.61 (0.27%)

46.10% Fall from 52W High

989.8K NSE+BSE Volume

NSE 18 Jul, 2025 3:31 PM (IST)

6,296.6

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

KNR Constructions Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for KNRCON, BSE:532942 KNR Constructions Ltd.

KNR Constructions Ltd.

19 Aug 2019, 12:00AM

223.89

0.27%

KNR - 1QFY20 Result Update

Buy: KNR Constructions Ltd.

Target

Reliance Securities

Soft Performance; Healthy Recovery on the Cards KNR Constructions (KNRC) has reported a soft performance in 1QFY20, mainly led by delay in AD for its key HAM projects and general slowdown in execution due to elections. Revenue declined by 17% YoY and 35% QoQ to Rs4.6bn, while EBITDA stood at Rs900mn (-18% YoY and -38% QoQ) vs. our estimate of Rs1bn. EBITDA margin continued to remain healthy at 19.4% mainly supported by higher revenue contribution from near-completion projects having highmargin components and the impact of IndAS 116. However, soft revenue booking along with higher finance cost and higher tax resulted in steep 36% YoY decline in net profit to Rs477mn. Current order book at Rs46.3bn (2.3x of TTM revenue) compared to Rs40bn in FY19 provides...

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

KNR Constructions Ltd.

17 Aug 2019

223.89

0.27%

KNR Constructions (BUY): Revenue disappoints but beat on margins; growth visibility intact

Buy: KNR Constructions Ltd.

Target

BOB Capital Markets Ltd.

KNR Constructions' (KNRC) Q1FY20 revenue dropped 17% YoY to Rs 4.6bn, >20% under estimates due to deferred AD award.

KNR Constructions Ltd. has lost -30.02% in the last 6 Months

KNR Constructions Ltd.

16 Aug 2019

223.89

0.27%

KNR Construct

Buy: KNR Constructions Ltd.

Dolat Capital

View: Spike in execution in H2FY20E, maintain Buy KNR's revenue is down 16.5% YoY to 4.6 bn in Q1FY20 (33.5% below estimates), due to delay in receiving appointed date for HAM projects coupled with 400-500 mn worth of execution not billed in Q1FY20. The EBITDA margin fell 37 bps YoY to 19.4% (287 bps above estimates), due to higher construction and employee cost which was partially offset by lower other expense. EBITDA margins are on the higher side led by lower sub contraction cost and various irrigation projects are on the verge of...

KNR Constructions Ltd. is trading above its 100 day SMA of 222.5

KNR Constructions Ltd.

16 Aug 2019

223.89

0.27%

KNR Constructions Ltd - Result Update Q1FY20

Buy: KNR Constructions Ltd.

Edelweiss

KNR constructions (KNR), reported its Q1FY20 numbers and surprised us negatively due to lower than expected topline growth.

KNR Constructions Ltd. is trading above its 100 day SMA of 222.5

KNR Constructions Ltd.

12 Jun 2019

223.89

0.27%

We recently interacted with KNR Construction's (KNRC) management to seek more clarity on...

Buy: KNR Constructions Ltd.

Target

Emkay

We recently interacted with KNR Construction's (KNRC) management to seek more clarity on the awarding activity of roads and irrigation projects. Management believes the ordering activity, primarily from NHAI, should pick up from August 2019. KNRC is looking to monetize its Walayer BOT project (invested Rs4bn), which is selfsustaining and has an average toll collection of Rs8mn/day. In our view, successful...

KNR Constructions Ltd. has lost -36.36% in the last 1 Year

KNR Constructions Ltd.

11 Jun 2019

223.89

0.27%

KNR Constructions

Not Rated: KNR Constructions Ltd.

ICICI Securities Limited

We recently met the management of KNR Constructions' (KNR) to understand its current business status and opportunities ahead. KNR is a focused road based EPC player that enjoys a strong execution track record and healthy balance sheet (0.19x currently). Revenues, PAT have grown at 20.7%, 34.0% CAGR to | 2,137.3 crore, | 263.3 crore, respectively, in FY1419. Currently, its orderbook is at | 5,900.6 crore (including three recently won HAM projects), 2.8x FY19 revenues. KNR is negotiating opportunities on irrigation projects worth ~| 1,500 crore. Overall, it expects order inflow...

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

KNR Constructions Ltd.

11 Jun 2019

223.89

0.27%

First Light: Weekly Eco Wrap, KNR Constructions

Buy: KNR Constructions Ltd.

Target

BOB Capital Markets Ltd.

Global yields fell after disappointing manufacturing, durable goods and payroll data from US. Fed Chairman is also open to steering the rates depending on which direction economy takes. US equity markets welcomed lower yields. However, DXY index fell on prospects of lower yields. Indian yields too fell after RBI reduced policy rate by 25bps. INR was stable on the back of FII inflows. Global markets and central banks remain data dependent. So does RBI. In...

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

KNR Constructions Ltd.

11 Jun 2019

223.89

0.27%

Irrigation sprinkling a few opportunities

Buy: KNR Constructions Ltd.

Target

Motilal Oswal

KNRC expects order inflow of INR25b in FY20, mainly supported by the Irrigation segment. The company mentioned that it is well positioned to finalize a few projects in the near term, including (a) two irrigation projects - Malanna Sagar and Palamurru irrigation projects - worth INR16b (INR8b each) and (b) one HAM project worth INR10b. A pick-up in order inflows in Roads, however, remains elusive.

KNR Constructions Ltd. is trading below its 150 day SMA of 250.7

KNR Constructions Ltd.

06 Jun 2019

223.89

0.27%

KNR CONSTRUCTIONS LIMITED

Accumulate: KNR Constructions Ltd.

Recommendation Target

Geojit BNP Paribas

KNR Constructions Ltd (KNR) is a leading EPC player largely focusing on national and state highway projects. KNR has successfully executed ~6,000 lane km road projects across 12 states in India. Q4FY19 revenue grew by 15% YoY (above estimate) due pick up in road EPC & irrigation projects. EBITDA margin improved by 80bps YoY to 20.1% due to high margin from irrigation projects and reduction in sub-contracting expenses. Out of six HAM projects, KNR achieved Financial Closure for two HAM...