NSE: KNRCON | BSE: 532942

Value Stock, Under Radar

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221.05 2.72 (1.25%)

46.79% Fall from 52W High

482.1K NSE+BSE Volume

NSE 05 May, 2025 3:02 PM (IST)

6,216.7

Market Cap

High in industry

1.2

Beta 1Year

Very 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.

14 Feb 2021

221.05

1.25%

Execution remains strong; order book robust

Buy: KNR Constructions Ltd.

Motilal Oswal

KNR Construction (KNRC) continued its steady performance in terms of execution by reporting revenue 6% above our expectation. EBITDA margin remained higher than our estimate of 19% on rising share of higher margin Irrigation projects (29% of total revenue in 3QFY21). Order book (OB) stood...

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

KNR Constructions Ltd.

12 Feb 2021

221.05

1.25%

Q3FY21 Result Update - Persistent strong execution - Downgrade to 'Accumulate'

Accumulate: KNR Constructions Ltd.

Prabhudas Lilladhar

KNR Constructions reported a strong quarter with revenue (up 23% YoY) and margins coming above our and street estimates. EBITDAM sustained at higher levels of 19.7% mainly due to higher share of irrigation projects in revenue mix (29% in 3Q) as well as Order Book (at 45%). Working capital position remains strong on the back of timely payments from NHAI & other State/Central Govt authorities. Realization of large part of dues (Rs5.4bn) from Telangana Govt further strengthened the liquidity position. On the backdrop of strong order book, healthy bid pipeline and sustained liquidity...

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

KNR Constructions Ltd.

03 Feb 2021

221.05

1.25%

KNR Construction

Buy: KNR Constructions Ltd.

ICICI Securities Limited

Together, roads & highways were clearly the most resilient segment of infrastructure. On the overall capex front, for roads and highways, the revised estimates (RE) FY21E spends is pegged ~12%, higher at | 92053 crore vs. budgeted estimates (BE) of | 81975. Even for FY22E, the government has pegged the road capex at | 108230 crore, growth of 17% YoY on a decent FY21 base. Of the total allocation, the National Highways Authority of India (NHAI) will get | 57,350 crore, up from | 49,050 crore in FY21RE. The government is also looking to provide alternative...

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

KNR Constructions Ltd.

21 Dec 2020

221.05

1.25%

KNR Construction: Company Update

Accumulate: KNR Constructions Ltd.

IDBI Capital

Lean balance sheet: KNRC has invested Rs2.5bn in HAM projects plan to invest Rs4.1bn until FY23E. This will be funded from internal accruals. KNRC balance sheet continues to remain lean with H1FY21 standalone debt at Rs640mn and Debt to Equity at...

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

KNR Constructions Ltd.

18 Nov 2020

221.05

1.25%

KNR Construct

Buy: KNR Constructions Ltd.

Target

Dolat Capital

Stake sale in KNR Walayar BOT to Cube Highways concluded at equity value of Rs3.85bn and company received first tranche of Rs3.1bn. KNR Constructions posted a strong set of numbers with revenues (up 10% YoY) and margins above our and street estimates. Labour availability and operational efficiency across project sites have been recovering gradually,...

KNR Constructions Ltd. has lost -20.80% in the last 3 Months

KNR Constructions Ltd.

17 Nov 2020

221.05

1.25%

KNR construction: Q2FY21 Result Review

Buy: KNR Constructions Ltd.

IDBI Capital

KNR construction LTD (KNRC) revenue was better than estimate and PAT was higher than our estimate by 12%. Q2FY21 order book stood at Rs86bn (4x TTM revenue) with an order inflow of Rs31bn in H1FY21. KNRC expects revenue to increase by 5-7% YoY in FY21. Balance sheet continues to remain lean with Q2FY21 standalone debt at Rs640mn and Debt to Equity at 0.01x. Consolidate debt is at Rs8bn and Net DER is at 0.42x. Post the result, increased EPS for FY21E/22E by 10%/1% (exhibit 9). We have introduced FY23E financials and roll forward TP to FY23E. Our revised TP stands at Rs344 (earlier Rs300). Our SOTP based TP assigns 15x PER to construction business and 1x book value to equity investment...

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

KNR Constructions Ltd.

17 Nov 2020

221.05

1.25%

KNR Constructions

Buy: KNR Constructions Ltd.

Target

ICICI Securities Limited

Considering strong execution, best in class WC, monetisation of BOT/HAM assets, healthy balance sheet, strong return ratios, we maintain BUY on the stock with a revised SoTP TP of | 310. We will closely monitor irrigation...

Number of FII/FPI investors increased from 138 to 145 in Mar 2025 qtr.

KNR Constructions Ltd.

17 Nov 2020

221.05

1.25%

KNR CONSTRUCTIONS LIMITED

Buy: KNR Constructions Ltd.

Target

Geojit BNP Paribas

Q2FY21 revenue grew by 10% YoY (in-line with estimate) as execution is picking up and man power reached 80% of preCovid levels. EBITDA margin declined by 239bps YoY to 20.6% due to higher sub-contracting and other expenses. Current order book stands healthy at Rs8,555cr which is 3.8x TTM revenue and provides visibility....