KNR Constructions Limited has informed the Exchange about Transcript
KNRCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KNR Constructions reported FY25 standalone revenue of INR3,359 crores with net profit of INR726 crores (up 47% YoY), while consolidated revenue grew 7% to INR4,753 crores and net profit rose 33% to INR1,002 crores. Order book stood at INR5,052 crores as of March 31, 2025, with management targeting INR8,000–10,000 crores in new orders by end of FY26 and revealing a bid pipeline of INR40,000–55,000 crores across NHAI, state highways, and mining. Management downgraded EBITDA margin guidance from 15–16% to 13–14% for existing projects, citing higher overheads on near-complete jobs. The company faces a NHAI show cause notice on a Kerala BOT project (potential 1-year ban on subsidiary, estimated INR25–30 crore viaduct cost) and has INR1,200 crores in pending Telangana irrigation receivables. Net debt-to-equity rose to 0.41x from 0.34x.
Margin downgrade and weak near-term revenue visibility (flat to slightly lower on existing book alone) may pressure the stock, though a strong order pipeline and asset monetization plans in progress provide medium-term support. The Kerala show cause notice and irrigation receivables are key overhangs to watch.