|
04 Sep 2025 |
KNR Constructions
|
Consensus Share Price Target
|
196.70 |
217.18 |
- |
10.41 |
hold
|
|
|
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13 Aug 2025
|
KNR Constructions
|
ICICI Securities Limited
|
196.70
|
163.00
|
201.05
(-2.16%)
|
17.13 |
Sell
|
|
|
KNR Constructions (KNR) reported a revenue of INR 4.8bn in Q1FY26, down to a five-year trough. The lukewarm execution was primarily rooted in a smaller executable order book (OB).
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13 Aug 2025
|
KNR Constructions
|
Axis Direct
|
196.70
|
185.00
|
201.05
(-2.16%)
|
-5.95 |
Hold
|
|
|
We maintain our HOLD recommendation on the stock.
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|
13 Aug 2025
|
KNR Constructions
|
IDBI Capital
|
196.70
|
244.00
|
201.05
(-2.16%)
|
24.05 |
Buy
|
|
|
KNR Constructions reported a sharp slowdown in execution, with consolidated revenue declining 38% YoY to Rs6bn and standalone revenue falling 45% YoY to Rs5bn, as most legacy projects neared completion and newly awarded contracts were still ramping up. Consolidated EBITDA stood at Rs2bn, translating to a strong margin of 29.9% due to segment mix effects, while standalone EBITDA fell 66% YoY to Rs0.6bn, with margins compressing to 13.6%. Consolidated PAT came in at Rs1bn (PAT margin 20.1%), down 26% YoY, while standalone PAT declined 62% YoY to Rs0.5bn (margin 10.6%). The divergence between...
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02 Jun 2025
|
KNR Constructions
|
Axis Direct
|
196.70
|
195.00
|
208.06
(-5.46%)
|
Target met |
Hold
|
|
|
We maintain our HOLD recommendation on the stock and rollover our estimates to FY27.
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23 May 2025
|
KNR Constructions
|
Geojit BNP Paribas
|
196.70
|
|
224.78
(-12.49%)
|
|
Not Rated
|
|
|
The company holds an order backlog of Rs.3,888cr, equivalent to 1x TTM revenue, ensuring near-term revenue visibility. However, the current NHAI ban and a lack of significant order inflows over the past nine months may adversely affect performance. We wait for further clarity on the subject...
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17 Feb 2025
|
KNR Constructions
|
IDBI Capital
|
196.70
|
281.00
|
242.10
(-18.75%)
|
42.86 |
Hold
|
|
|
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|
17 Feb 2025
|
KNR Constructions
|
Axis Direct
|
196.70
|
255.00
|
242.10
(-18.75%)
|
29.64 |
Hold
|
|
|
We maintain our HOLD recommendation on the stock with a TP of Rs 255/share.
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|
14 Feb 2025
|
KNR Constructions
|
Motilal Oswal
|
196.70
|
300.00
|
246.60
(-20.24%)
|
52.52 |
Buy
|
|
|
In 3QFY25, KNR Constructions (KNRC) received certain arbitration claims. For a like-to-like comparison, we have adjusted the same in revenue, other income, other expenses, and total taxes for 3QFY25 and have shown them as exceptional items.
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|
25 Nov 2024
|
KNR Constructions
|
Geojit BNP Paribas
|
196.70
|
345.00
|
314.70
(-37.50%)
|
Target met |
Accumulate
|
|
|
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|
14 Nov 2024
|
KNR Constructions
|
IDBI Capital
|
196.70
|
343.00
|
302.45
(-34.96%)
|
Target met |
Hold
|
|
|
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|
14 Nov 2024
|
KNR Constructions
|
Axis Direct
|
196.70
|
285.00
|
302.45
(-34.96%)
|
Target met |
Hold
|
|
|
We maintain our recommendation to HOLD with a TP of Rs 285/share.
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|
16 Aug 2024
|
KNR Constructions
|
Sharekhan
|
196.70
|
370.00
|
340.20
(-42.18%)
|
|
Hold
|
|
|
For Q1FY25, adjusting for one-off arbitration claim, standalone revenues were lower than estimates, while OPMs marginally lagged. Higher other income led to marginal miss on standalone net profit.
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16 Aug 2024
|
KNR Constructions
|
Motilal Oswal
|
196.70
|
390.00
|
340.20
(-42.18%)
|
|
Buy
|
|
|
In 1QFY25, KNR Constructions (KNRC) received certain arbitration claims. For like-to-like comparison, we have adjusted the same in revenue.
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|
26 Jun 2024
|
KNR Constructions
|
Geojit BNP Paribas
|
196.70
|
311.00
|
349.85
(-43.78%)
|
Target met |
Sell
|
|
|
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|
31 May 2024
|
KNR Constructions
|
Axis Direct
|
196.70
|
280.00
|
317.90
(-38.13%)
|
Target met |
Hold
|
|
|
We change our recommendation from BUY to HOLD and revis our estimates downward based on the management guidance of lower margin.
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|
31 May 2024
|
KNR Constructions
|
IDBI Capital
|
196.70
|
303.00
|
317.90
(-38.13%)
|
Target met |
Hold
|
|
|
|
|
12 Feb 2024
|
KNR Constructions
|
IDBI Capital
|
196.70
|
260.00
|
261.90
(-24.89%)
|
Target met |
Hold
|
|
|
|
|
12 Feb 2024
|
KNR Constructions
|
Axis Direct
|
196.70
|
310.00
|
261.90
(-24.89%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock and roll over our estimates to FY26.
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|
28 Nov 2023
|
KNR Constructions
|
Geojit BNP Paribas
|
196.70
|
330.00
|
289.40
(-32.03%)
|
Target met |
Accumulate
|
|
|
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|
16 Nov 2023
|
KNR Constructions
|
Axis Direct
|
196.70
|
305.00
|
283.15
(-30.53%)
|
Target met |
Buy
|
|
|
We maintain our BUY recommendation on the stock
|