KNR Constructions Ltd
KNR Constructions Ltd (KNRCON)

KNR Constructions Ltd (KNRCON)

₹228.750.41%

Key Stats

₹222.95
Day's Price Range
₹230
₹207.5
52-Week Price Range
₹329.85
1 Month Return-11.62 %
3 Month Return-3.34 %
1 Year Return-20.56 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 63
17.83
EPS
Rank 25
₹12.77
BVPS
Rank 6
₹412.33
Dividend Yield
Rank 42
0.12%
ROE
Rank 20
18.57%
Price To Book Ratio
Rank 29
0.55
Debt To Asset
Rank 153
0.5

Company Information

KNR Constructions Limited was incorporated on July 11 1995 and received its certificate of commencement of business on August 9 1995. The company is engaged in infrastructure sector and is undertaking Turnkey EPC contracts and BOT HAM projects on publicprivate partnership basis group activities are primarily in the construction of roads bridges flyovers and irrigation projects. The Company has a portfolio of 10 projects of which 6 HAM projects worth Rs 65312 million BPC two BOT toll projects and two annuity projects with 40 stake. The 2 BOT toll and 2 annuity projects are already operational financial closure for 4 HAM Projects have been achieved and project work was started in 3 HAM projects with appointed declared by NHAI. In 1997 the Company has acquired at their book values the assets and liabilities of partnership business of M/s K Narasimha Reddi Co. the firm for a total consideration of Rs.3.19 Crores w.e.f. April 1 1997. At the time of acquisition the firm was engaged in the business of undertaking civil and mechanical contracts work. The firm was constituted in the year 1979 and was reconstituted on several occasions. Over a period of time the company has gained expertise in construction of roads on EPC basis and further diversified into other infrastructure segments like irrigation water supply and urban water infrastructure management. In the past the company has executed infrastructure projects independently as well as through joint ventures. Currently most of the road projects were executed with joint venture partner Patel Engineering Limited. As on June 30 2007 the company has 24 projects on hand across various states in India covering Uttar Pradesh Madhya Pradesh Assam Andhra Pradesh Karnataka and Tamil Nadu. The Company has the ability to bid execute and implement medium and large size projects across various infrastructure segments. The estimated unexecuted order book position as at June 30 2007 was Rs 1272.98 crores which is approximately 4 times the operational income of fiscal 2007 on consolidated basis.In FY 2010 Company so far completed over 1900 km of road projects and has an orderbook of Rs. 1800 crore of which 95 comes from highways. It was awarded a Rs. 231 crore order from the National Highway Authority of India NHAI in the state of Orissa for completion of work on NH5.In FY 2011 Company commissioned the Rs. 592 crore annuity project on the HyderabadNagpur highway which is a 48km stretch between Islam Nagar and Kadthal NH7. This was undertaken in partnership with Patel Engineering. It also completed the road which runs from Devanahalli in Karnataka to the Andhra Pradesh border. It bagged a Rs. 825 crore road project in Karnataka to be executed within 910 days. Company through its 50:25:25 joint venture with JKM Infra Projects Pvt. Ltd. and Kamala Constructions has been awarded an order worth Rs. 225.27 crore by Government of Bihar Water Resources Department for extension renovation and modernisation of the Eastern Kosi Canal System in the State of Bihar.In the month of June 2011 Company received a contract worth 145.89 crore for the Pichhore Chanderi Mungawali Onder Kurwai Road Project in Bhopal. The project was given under the Madhya Pradesh State Road ProjectIII. It completed the BijapurHungund toll road of National Highways Authority of India NHAI nearly 11 months ahead of schedule. The four laning of 97.22 kilometres of road project valued at 905.5 crore was completed in 582 days as against the scheduled duration of 910 days. It signed a Public Private Partnership in October 2011 for the two laning of Muzaffarpur Barauni Section of NH28 in Bihar assigned under the Design Build Finance Operate and Transfer DBFOT Toll basis under the National Highway Development Project Phase IV. During December 2011 orders aggregating an amount over 390 crore were received by the Company from the Government of Karnataka. It also bagged an order worth Rs. 620 crore from GMR Projects Private Ltd. in Rajasthan and Gujarat. It received contracts from GVK worth 675 crore for the Designing Engineering Procurement and Construction of 4 laning of road that stretches of ShivpuriDewas Section of NH3 in Madhya Pradesh.The Company bagged an EPC order worth of Rs. 790.50 Crores from KNR Walayar Tollways Private Limited in FY 201415. It also bagged a Rs. 180 Crores worth road project from the Government of Arunachal Pradesh towards building the two lane stretch from Gobuk to Sihjon Nallah via Mariyang a net length 49.275 Km.In FY 201516 the project of four laning of WalayarVadakkancherry section in Kerala was completed before time in 880 days instead of 910 days i.e. one month ahead of scheduled date of completion. The Final Completion Certificate for 100 of Project length was received on 31st October 2015. The Project received the prestigious award of Best Project Completed before Schedule Time in India from the NHAI. Toll collection commenced on this route from May 18 2015. Out of the 4171 km in Roads and Highway sector 3070 km were EPC projects 803 km BOT projects and 351 km Hybrid Annuity projects. As on 31st March 2016 the order book stood at about Rs. 34635 million comprising of Rs. 34068 million in road sector and Rs. 567 mn in irrigation projects. two laning of Muzaffarpur Barauni Project commenced in Bihar commenced on June 3 2016 with 75 of the project length and toll operation was from June 9 2016. During the year 201516 KNR TBCPL JV and SEL KNR JVs were formed with the Company.During 2018 778 lane kms of BOT Projects were executed in Telangana Karnataka Kerala Bihar. The Company also received LOA for 4 HAM projects of Rs. 44667 million BPC from NHAI and LOA for 1 HAM project of Rs. 11445 million BPC from Karnataka State.During FY 2021 the Company completed 2 BOT Toll NHAI projects and 2 annuity NHAI projects. It bagged two more projects in JV to the tune of Rs. 23300 million. It received LOA for two HAM projects of NHAI in Kerala and one NHAI EPC road project in Karnataka in the last quarter of financial year 202021. During the year 202122 the Company issued and allotted 140617300 equity shares by way of Bonus Issue in the ratio of 1:1 on February 5 2021 from the date of allotment.
OrganisationKNR Constructions Ltd
HeadquartersHyderabad
IndustryConstruction