KNR Constructions Limited – Investor Presentation Summary

Key Operational Highlights

  • Successfully executed more than ~9,127 lane km Road Projects across 12 states in India.
  • Portfolio includes 452 lane Kms of BOT/HAM Projects in Telangana & Karnataka, comprising 2 Annuity based Projects and 8 HAM based projects.
  • 8 HAM based projects with total Bid Project cost of ₹96,188 million.
  • Gross Block of Plant & Machinery: ₹14,069 Million.

Key drivers of operational performance: In-house construction equipment fleet, experienced execution team, and top management's active involvement in project execution.

Segment-wise Performance

Not Specified

Financial Highlights

Standalone Q4FY26:

  • Revenue: ₹5,353.0 million
  • EBITDA: ₹283.0 million
  • PAT: ₹192.3 million
  • EPS: Not specified
  • EBITDA Margin: 5.3%
  • PAT Margin: 3.6%

Standalone Full Year FY26:

  • Revenue: ₹20,967.0 million
  • EBITDA: ₹1,781.5 million
  • PAT: ₹1,160.6 million
  • EBITDA Margin: 8.5%
  • PAT Margin: 5.5%

Consolidated Q4FY26:

  • Revenue: ₹6,953.0 million
  • EBITDA: ₹1,691.3 million
  • PAT: ₹1,061.1 million
  • EBITDA Margin: 24.3%
  • PAT Margin: 15.3%

Consolidated Full Year FY26:

  • Revenue: ₹26,942.0 million
  • EBITDA: ₹7,113.5 million
  • PAT: ₹4,368.6 million
  • EBITDA Margin: 26.4%
  • PAT Margin: 16.2%

YoY/QoQ comparison: Standalone Q4 PAT declined 74% YoY and increased 9% QoQ. Consolidated Q4 PAT increased 1,298% YoY and 3% QoQ.

Drivers of financial performance: Variation in project execution timelines and margins.

Comparison to market estimates: Not available

Key Risks: Not explicitly disclosed

Geographical Revenue Split

Not Specified

Balance Sheet Snapshot

Standalone as of March 31, 2026:

  • Total Assets: ₹46,841.0 million
  • Total Equity: ₹40,548.0 million
  • Non-current liabilities: ₹151.6 million
  • Current liabilities: ₹6,141.4 million
  • Net Debt: ₹0.0 million (No borrowings)
  • Reserves: Not explicitly stated
  • Current Assets: ₹31,735.8 million
  • Current Liabilities: ₹6,141.4 million

Consolidated as of March 31, 2026:

  • Total Assets: ₹81,215.5 million
  • Total Equity: ₹49,717.8 million
  • Non-current liabilities: ₹23,549.3 million (including Borrowings of ₹22,697.8 million)
  • Current liabilities: ₹7,948.4 million (including Borrowings of ₹1,678.2 million)
  • Net Debt: Calculated from borrowings figures

Financial Health Insights: Strong standalone position with no debt; consolidated entity carries project-level debt.

Capex & Cash Flow Health

Standalone Cash Flow FY26:

  • Net Cash from Operating Activities: ₹427.1 million
  • Net Cash from Investing Activities: ₹-298.5 million
  • Net Cash from Financing Activities: ₹-233.3 million
  • Net Decrease in Cash: ₹-104.7 million

Consolidated Cash Flow FY26:

  • Net Cash from Operating Activities: ₹-5,665.8 million
  • Net Cash from Investing Activities: ₹-1,665.6 million
  • Net Cash from Financing Activities: ₹4,800.9 million
  • Net Decrease in Cash: ₹-2,530.5 million

Capital Expenditure: Not explicitly stated

Free Cash Flow: Not calculated

Operating Cash Flow: Standalone ₹427.1 million; Consolidated ₹-5,665.8 million

Net Debt Movement: Not explicitly disclosed

Investment Rationale: Focus on executing existing order book and new project awards.

Strategic & R&D Initiatives

  • Vision to develop as a Centre of excellence in Infrastructure services.
  • Aim to add business verticals in Elevated Metro Rail and Railway Projects.
  • Asset Monetization: Executed Share Purchase Agreements with Indus Infra Trust for proposed sale of 100% shareholding of 4 SPVs, expected completion by September 30, 2026.

Expected impact on growth: Monetization expected to release capital for new investments.

Strategic Rationale: Portfolio rationalization and capital recycling.

Industry Trends & Business Environment

Macro/Industry Trends: Not explicitly discussed

Impact on Company: Not specified

Management Commentary & Growth Outlook

Strategic Outlook: Not explicitly quoted

FY Guidance: Not provided

Market Share Targets: Not specified

Risks and Opportunities: Not highlighted

Order Book Highlights

  • Total Orderbook as on March 31, 2026: ₹86,725 million
  • Breakup: Roads (₹26,200 million), Irrigation (₹16,677 million), Pipeline (₹8,324 million), Mining (₹35,524 million)
  • Recently Won Projects (not in orderbook): ₹32,300 million (Tamil Nadu HAM: ₹16,800 million; Telangana HAM: ₹15,500 million)
  • Total Pipeline (Orderbook + Recently Won): ₹119,025 million

Recently Secured Projects

1. NHAI HAM Project in Telangana: Construction of 4 laning of NH-167 from Gudebellur to Mahabubnagar. Bid Cost: ₹1,734 Crore. Construction Period: 730 Days. Operation Period: 15 Years.

2. TANSHA HAM Project in Tamil Nadu: Construction of Four Lane Elevated Corridor along East Coast Road. Bid Cost: ₹2,163 Crore. Construction period: 1095 days. Operation period: 5 Years.

3. Hyderabad Growth Corridor Ltd EPC Project: Worth ₹84 Crore excluding GST. Construction period: 9 months.

4. Hyderabad Municipal Corporation EPC Project: Worth ₹50 Crore excluding GST. Construction period: 24 months.