Knr constructions order book

The stock rallied 8% to rs 225 on thursday, extending its wednesdays 3% gain on bse, on the expectation of strong earnings growth over the mediumterm. Jun 20, 2018 narnolia financial knr constructions buy cmp. In fy16 for instance, the epc order book of jkumar infraprojects stood at around r8,500 crore, knr constructions stood at r4,500 crore, pnc infratech at about r6,300 crore, while for sadbhav it. Strong epc order book order book inr3,587 crs 30th sep, 2017 road 2. Dec 11, 2017 the presentation covers knr constructions. The current order book lends us comfort for strong.

Nov 17, 2016 in fy16 for instance, the epc order book of jkumar infraprojects stood at around r8,500 crore, knr constructions stood at r4,500 crore, pnc infratech at about r6,300 crore, while for sadbhav it. Knr constructions in an official statement said that it has bagged a hybrid annuity projects ham from karnataka state highways improvement project kship, for which the company had bid at an investment of. Knr constructions ltd, hyderabad, a premier infrastructure development company received any work order for rs. Knr constructions ltd knr house, 3rd and 4th floor, plot no. This ob does not include 920 crore palani ham project. The minimum order quantity is 35 shares per application and the offer type is book built issue. May 09, 2018 currently may 8, 2018, knr constructions ltd is available at a price to earnings pe ratio of about 18. In the first two months of the current fiscal year, the company received orders worth. Knr constructions is a midcap company, operating in construction. Knr constructions knr q2fy19 top line grew 6% yoy as lack of sufficient executable orders opening book tobill at 1x took a toll.

Knr limited, provides epc services, primarily for roads and highways. We expect knrs revenue and pat to grow at 29% and 23% cagr in. It is sitting on an order book of close to rs 6,300 crore, which is about 3 times its sales. Knr constructions shares rally as motilal oswal raises target on. Knr constructions rallies 3% as brokerages remain bullish. How knr is above the rest in constuction industry the.

The order book has been boosted by recent project awards worth rs 11 bn including an epc order from sadbhav engineering for rs 5. M knr constructions a revenue visibility improves n i india. Knr constructions hits lifetime high on strong order book. Ebitda margin remained high at 20%, but higher capital. Knr constructions icici direct researchinitiating coverage ob at strong 6,519 crore. Knr constructions ipo is a mainboard ipo of 7,874,570 equity shares of the face value of. Knr constructions ltds q3fy19 standalone net profit. Knr constructions gain 2 per cent dalal street investment journal.

Inspired by the growth knr constructions limited has established its corporate office in hyderabad and site offices at all work sites. Read more about knr constructions hits threemonth high. Knr constructions knr, an established road contractor, is poised to register 20. Knr constructions bags rs 295 crore contract for flyovers by ndtv on 19 feb 2016 05. Knr constructions ltd knr, incorporated in 1995, is hyderabad based construction company promoted by mr. Knr construct share price, knr construct stock price, knr. This is likely to give a boost to revenue growth going ahead. The company is broadly present in construction of roads and highways with small presence in irrigation space. Knr constructions news knr constructions announcement. The epc order book of knr has increased to rs 15,41 cr as of 31 st dec 18. Kkknr constructionsnr constructions india infoline. Knr has also won ham orders worth rs 56,11 cr of which rs 39,75 cr has not been included in the order book yet.

The inflows more than doubled knr constructions order book to. Knr constructions share in issue mn knrs top line grew 1 month order book adj. Sep 03, 2017 knr constructions knrc, one of best managed road constructor with light balance sheet, low working capital and one of the highest roce among peers, reported its q1fy18 numbers. Kotak securities maintains buy on knr constructions, target price rs 305 03 jan 2020. To develop knrcl as a centre of excellence in the field of infrastructure services by striving continuously to provide ecofriendly solutions, adopting stateof the art practices and commitment to quality through motivated human resources. Knr has successfully executed 6,000 lane km road projects across 12 states in india. Knr constructions ltd receipt of order worth of rs. A number of new road construction orders are expected in 201819.

Pick of the week april 16, 2018 robust order book provides strong revenue visibility order book as end of dec 31, 2017 stood at rs 3332. The company benefited because of strong order book and execution. Robust order book provides strong revenue visibility knr saw strong traction in its order inflows of rs. Knr was always an epc player, but it also took up select bot projects to counter slowdown. Knr constructions ltd knr is a leading epc player largely focusing on national and state highway projects. Execution rampup key to sustain positive momentum in knr. Apr 22, 2016 knr constructions has an order book of rs 3,470 crore consisting of road and irrigation projects. Recent order inflows pump up order book buy the company now intends to focus purely on the asset light epc space, which would help it maintain leverage. We expect knr to post a revenueebitda cagr of 1912 percent over fy19fy22e supported by rampups from the existing order book, said prabhudas lilladher which maintained a buy rating on the. Transportation segment order books swell on pickup in. The construction firm holds two toll projects in a joint venture with patel engineering ltd and held an order book of rs17. Transportation segment order books swell on pickup in awards. Feb 16, 2020 knrs order book ob was at a strong 6,681.

Given the companys strong order book position orderbookrevenue ratio. When you contact our corporate office, they will assist you with the respective project address. Given the companys strong order book position obrev. On the build operate transfer bot side, it has four road projects operational largely in southern states. Knr construct consolidated december 2019 net sales at rs 603. Knr constructions limited from know written as knrcl is an iso 9001. It experienced a significant order inflow during fy16 and currently sits on an order book of rs. Knr constructions companys spvs has recommenced the collection of user fee toll on all the nhai projects. Right now, the majority of orders for the company have been from the south of india. Knr constructions shares rally as motilal oswal raises target on strong balance sheet jan 2020. Knr constructions has rallied % to rs 726, extending its tuesday 3% gain on the bse, after the company said it has strong engineering, procurement and construction epc order book position of rs 4,258 crore as on june 30, 2016 q1fy17 comprising of rs 3,528 crore in roads sector and rs 730 crore in irrigation. Over 90% of its order book is located in south india. It has executed infrastructure projects independently and through joint ventures to leverage extensive experience and execution capabilities of both parties, which has helped it to bag orders in diverse regions and of large value.