KNR Constructions Limited — Investor Meet, 20-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

KNR Constructions' Q1 FY26 standalone revenue stood at INR 483 Cr (consolidated INR 613 Cr), with PAT at INR 51 Cr (consolidated INR 123 Cr). Working capital days increased to 169. The FY26 standalone revenue outlook is revised to INR 2,000-2,500 Cr, with EBITDA margins around 13-13.5%.

The order book is INR 8,305 Cr, bolstered by a new INR 4,800 Cr mining project, marking strategic diversification. The company targets INR 10,000-12,000 Cr in fresh orders for FY26, holding L1 status on key projects. HAM projects are progressing well, mostly 90%+ complete. A Delhi High Court ruling allows continued bidding after a temporary NHAI suspension. Management expects over INR 800 Cr in irrigation payments from Telangana by March, focusing on growth and diversification for a stronger FY27.