KNR Constructions Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

KNR Constructions reported Q2 standalone revenue of INR493 crores, EBITDA of INR54 crores (10.9% margin), and PAT of INR28 crores. Consolidated revenue was INR646 crores, EBITDA INR192 crores (29.8% margin), and PAT INR105 crores. Net debt to equity rose to 0.49x.

Management acknowledged current industry sluggishness in order awards, anticipating a pickup in H2 FY26. The company aims for INR8,000-INR10,000 crores in new orders from NHAI, state, and irrigation projects, while also exploring solar. Execution is expected to remain slow for the next 3-4 quarters. Asset monetization for four assets is in advanced stages, with deal closure expected by month-end.