NSE: KNRCON | BSE: 532942

Value Stock, Under Radar

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226.05 1.70 (0.76%)

45.58% Fall from 52W High

752.7K NSE+BSE Volume

NSE 14 May, 2025 3:25 PM (IST)

6,357.3

Market Cap

High in industry

1.2

Beta 1Year

High 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.

01 Jun 2019

226.05

0.76%

KNR Constructions (BUY): Robust Q4 beat HAM projects to spur growth

Buy: KNR Constructions Ltd.

BOB Capital Markets Ltd.

Robust Q4 beat HAM projects to spur growth KNR Constructions' (KNRC) Q4FY19 revenue growth remained robust at 15% YoY led by faster execution of a HAM project. EBITDA margins held strong at 20.1% on the back of high-margin irrigation projects. Order backlog expanded 2.6x QoQ to Rs 40.2bn (1.9x FY19 revenue) led by the award of appointed dates (AD). Gross toll collection at Muzaffarpur/Walayar BOT projects rose to Rs 2.4mn/Rs 1.8mn per day. We raise earnings estimates and...

KNR Constructions Ltd. has an average target of 310.20 from 5 brokers.

KNR Constructions Ltd.

01 Jun 2019

226.05

0.76%

Beat led by execution of better margin orders

Buy: KNR Constructions Ltd.

Target

Motilal Oswal

FY20 guidance 15% revenue growth and 15.5-16% margins: KNR expects revenue growth of 15% for FY20 taking into consideration current order backlog position. It expects operating margins from the road projects to range between 15.5-16%. FY19 operating margins of 20% were supported by high margin irrigation projects, which contributed 30% to revenues. There...

KNR Constructions Ltd. has an average target of 310.20 from 5 brokers.

KNR Constructions Ltd.

31 May 2019

226.05

0.76%

KNR Construct

Buy: KNR Constructions Ltd.

Dolat Capital

View: Spike in execution in FY20E, maintain Buy KNR's revenue is up 14.6% YoY to `7.2 bn (the highest quarterly revenue in its history) in Q4FY19 (31.7% above estimates), due to robust execution. The EBITDA margin rose 80 bps YoY to 20.1% (211 bps above estimates), driven by higher contribution from the high margin irrigation segment, coupled with lower subcontracting cost. The reported PAT increased 15.6% YoY to `922 mn, due to a strong operating performance. The Adj. PAT (after...

KNR Constructions Ltd. has an average target of 310.20 from 5 brokers.

KNR Constructions Ltd.

13 Feb 2019, 06:54AM

226.05

0.76%

KNR Constructions (3QFY19): All seems well. Maintain BUY

Buy: KNR Constructions Ltd.

Target

HDFC Securities

We maintain BUY with SOTP based valuation of Rs 337/sh. KNR delivered Revenue/PAT beat of 7.6/3% led by execution of Rs 0.9bn in irrigation projects. EBIDTA margins came in at 20% aided by 20% revenue from high margin irrigation segment. Order book is now Rs 55.2bn with Rs 1.5bn new orders, largely from existing projects increase in scope of work. Bid pipeline remain strong and KNR expects to take Rs 20bn new orders in 4QFY19E, largely driven by 1 HAM (Rs 10bn) and balance from Irrigation, bridges and flyovers.

KNR Constructions Ltd. is trading below its 100 day SMA of 263.8

KNR Constructions Ltd.

13 Feb 2019, 12:00AM

226.05

0.76%

Beat driven by better revenue mix

Buy: KNR Constructions Ltd.

Target

Motilal Oswal

Revenues stood at INR4.5b (+3.6% YoY), in line with our estimate of INR4.4b, led by timely execution of the KP Sagar Irrigation project (INR960m revenue contribution; 20% of 3QFY19 sales), Hubli (INR600m), Madurai (INR400m), Trivandrum (INR520m) and Yedulla (INR410m). EBIDTA at INR901m (- 8% YoY) was ahead of our 13 February 2019 estimate of INR740m. Operating margins declined 260bp YoY to 20%, but was ahead of our estimate of 17.0%. Better-than-estimated margins were due to the better revenue mix (20% revenue contribution from KP Sagar Irrigation project, where margins are in excess of 20%+). PAT declined 21% YoY to INR521m, exceeding our estimate of INR339m. Dec18, order backlog stood at INR55.2b (including EPC value of HAM project), providing visibility of 2.9x its FY18 revenue. Of the total order book of INR55.2b, 94% comes in from Roads with the balance coming from the Irrigation segment.

KNR Constructions Ltd. is trading below its 100 day SMA of 263.8

KNR Constructions Ltd.

13 Feb 2019, 12:00AM

226.05

0.76%

KNR Constructions Ltd - Result Update Q3FY19

Buy: KNR Constructions Ltd.

Edelweiss

KNR constructions (KNR), one of best managed road constructor with light balance sheet, low working capital and one of the highest RoCE among peers, reported its Q3FY19 numbers.

KNR Constructions Ltd. has an average target of 310.20 from 5 brokers.

KNR Constructions Ltd.

12 Feb 2019

226.05

0.76%

KNR Construction's (KNRC) sales rose 3.6% yoy to Rs4.5bn in Q3FY19 (our est. Rs4.6bn), ma...

Buy: KNR Constructions Ltd.

Emkay

KNR Construction's (KNRC) sales rose 3.6% yoy to Rs4.5bn in Q3FY19 (our est. Rs4.6bn), mainly due to execution of irrigation and key road projects. EBITDAM at 20% was better than executed mainly due to execution of high margin irrigation projects. KNRC has entered into a SPA with Cube Investments to sell three HAM projects. The deal optically values the investment at about P/B 1.8x; however, factoring in the opportunity...

KNR Constructions Ltd.'s price crossed above 50Day SMA today

KNR Constructions Ltd.

02 Jan 2019

226.05

0.76%

KNR Construction Ltd - Company Update

Buy: KNR Constructions Ltd.

Target

Edelweiss

KNR Constructions (KNR) has the rare distinction of being a wealth creator in India's beleaguered infrastructure sector.

KNR Constructions Ltd. is trading above its 50 day SMA of 224.7

KNR Constructions Ltd.

21 Nov 2018

226.05

0.76%

KNR CONSTRUCTIONS LIMITED

Sell: 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. Q2FY19 revenue growth (6%) was tepid due to low carry forward orders & challenges in getting financial closure for HAM projects....

KNR Constructions Ltd.'s price crossed above 30Day SMA today

KNR Constructions Ltd.

15 Nov 2018

226.05

0.76%

KNR Constructions Ltd | Q2FY19 Result Update

Buy: KNR Constructions Ltd.

Edelweiss

KNR constructions (KNR), one of best managed road constructer with light balance sheet, low working capital and one of the highest RoCE among peers, reported its Q2FY19 numbers.

KNR Constructions Ltd. is trading below its 100 day SMA of 263.8

Is KNR Constructions Ltd. worth buying?

461 Votes:

Buy 84.82%

Sell 6.72%

Hold 8.46%

RESEARCH REPORTS

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