KNRCON
KNR Constructions Limited
NSELast Traded Price
₹113.73
1.6 (1.43%)
Open
₹112.4
High
₹115
Low
₹110.64
Prev Close
₹112.13
Industry
Civil Construction
Market Cap
3194.26 Cr
Filing History
Recent corporate announcements and filings for KNRCON
Routine
Positive
2026-10-06 12:30
- Received an order from the Commissioner of Income Tax – Appeals, Hyderabad-12 on October 5, 2026.
- The order deletes the penalty of ₹18,58,39,829/- levied under section 271AAD for AY 2021-22 in favor of the company.
- The company is currently awaiting the consequential order from the Assessing Officer (A.O).
- There is no negative financial or operational impact on the company.
Business Update
Positive
2026-10-06 09:50
- KNR Constructions has sold its entire equity stake in its subsidiary, KNR Ramanattukara Infra Private Limited (KRIPL), to Indus Infra Trust.
- The total investment made by the company in the SPV was Rs. 225.72 crore, and the consideration received from the sale is Rs. 549.14 crore.
- KRIPL ceased to be a subsidiary of the company effective October 5, 2026.
- KRIPL contributed a turnover of Rs. 257.40 crore (9.54% of consolidated turnover) and a net worth of Rs. 430.22 crore (8.65% of consolidated net worth) as of March 31, 2026.
Business Update
Neutral
2026-09-30 16:58
- KNR Constructions Limited and Indus Infra Trust mutually agreed to extend the timeline for the sale of stake in KNR Ramanattukara Infra Private Limited (KRIPL).
- The extension is due to a delay in the compliance of certain Condition Precedents.
- The proposed date of completion for the transaction is now extended up to 15th October 2026.
Business Update
Neutral
2026-09-30 16:58
- KNR Constructions has mutually agreed with Indus Infra Trust to extend the timeline for the sale of its 100% stake in KNR Ramanattukara Infra Private Limited (KRIPL).
- The extension is due to a delay in the compliance of certain Condition Precedents.
- The proposed date of completion for the said transaction is now extended up to 31st December 2026.
Governance
Negative
2026-09-30 16:24
CRITICAL RED FLAG DETECTED
- KNR Constructions received penalty orders from the Assistant Commissioner of Income Tax under Section 270A of the Income Tax Act, 1961.
- Total penalty demands across multiple Assessment Years amount to ₹91.84 Crores (AY 2017-18: ₹2.80Cr, AY 2018-19: ₹16.65Cr, AY 2019-20: ₹56.40Cr, AY 2020-21: ₹15.99Cr).
- The company believes the demands are not maintainable in law and plans to file an appeal before the appropriate forum.
Routine
Positive
2026-09-24 03:53
- KNR Constructions Limited received an order from the Commissioner of Income Tax (Appeals), Hyderabad-12 on September 23, 2026.
- The appeals order deleted a penalty of Rs. 9,35,44,336/- for the Assessment Year 2021-22.
- The company confirmed that the impact on financial and operational activities is nil.
Business Update
Positive
2026-09-18 14:28
- KNR Constructions Limited received an order from the Commissioner of Income Tax – Appeals, Hyderabad-12.
- The order deleted a penalty of ₹18,22,08,922/- (approx ₹18.22 Crores) for the Assessment Year 2007-08.
- The company's appeals were allowed, and the penalty order was deleted.
Business Update
Positive
2026-09-18 14:18
- KNR Constructions Limited has transferred its entire equity share capital in its subsidiary, KNR Guruvayur Infra Private Limited (KGIPL), to Indus Infra Trust.
- The company received a consideration of Rs. 485.86 Cr, against its investment of Rs. 193.32 Cr in KGIPL.
- KGIPL contributed 8.79% to consolidated turnover and 7.93% to consolidated net worth as of March 31, 2026.
- The transaction was completed on September 17, 2026.
Business Update
Positive
2026-08-29 17:52
- Order Win: KNR Constructions Limited won order from Greater Hyderabad Municipal Corporation (GHMC)
- Order Value: ₹157.546 Crores (excluding GST)
- Completion Timeline: 24 months
Business Update
Neutral
2026-08-20 15:05
- Q1 FY27 Earnings Conference Call Transcript.
- Management guided for FY27 revenue of ₹2,200-2,300 Cr (▲10-15% YoY) and FY28 revenue > ₹3,000 Cr.
- Guided FY27 EBITDA margin of 8-9% and FY28 EBITDA margin of 11-12%. Adjusted Q1 FY27 EBITDA margin was ~5.5% (excluding ₹90 Cr one-off gain).
- Consolidated order book stands at ₹15,234 Cr as of June 30, 2026, targeting ₹8,000-10,000 Cr order inflow in FY27.
- Won a coal mining project worth ₹3,361 Cr (excluding GST) over 8 years.
- Consolidated debt reduced to ₹1,975 Cr (June 30, 2026) from ₹2,438 Cr (March 31, 2026); however, net debt to equity increased to 0.9 from 0.49.
- Working capital days increased to 133 days from 78 days. ₹1,300 Cr outstanding receivables from Telangana irrigation projects, with ₹600 Cr expected in FY27 in installments.
- CRISIL rating reaffirmed at AA stable / A1+.
Business Update
Neutral
2026-08-14 18:36
- KNR Constructions Limited uploaded the audio recording of its earnings call held on Friday, August 14, 2026.
- The recording is accessible on the company's website at http://knrcl.com/transcriptofconcall.html.
Financials
Positive
2026-08-13 21:01
- The Board fixed Tuesday, 15th September 2026, as the record date for the final dividend for FY 2025-26.
- The dividend amount is Rs. 0.25/- per share (on face value of Rs 2/-).
- Payment will be made within 30 days of shareholder approval at the AGM.
Financials
Negative
2026-08-13 20:55
- Q1 FY27 Consolidated Revenue ₹587.94 Cr vs ₹612.73 Cr (▼4% YoY)
- EBITDA ₹96.43 Cr vs ₹182.96 Cr (▼47% YoY)
- PAT ₹80.72 Cr vs ₹123.42 Cr (▼35% YoY)
- EBITDA Margin 16.4% vs 29.9% (▼1350bps)
Financials
Negative
2026-08-13 18:08
CRITICAL RED FLAG DETECTED
- Q1 FY27 Consolidated Revenue ₹587.94Cr vs ₹612.72Cr (▼4.04% YoY)
- EBITDA ₹209.61Cr vs ₹182.95Cr (▲14.57% YoY)
- PAT ₹73.57Cr vs ₹121.17Cr (▼39.29% YoY)
- EBITDA Margin 35.65% vs 29.86% (▲579bps)
- Board fixed record date for dividend payment as 15th September 2026.
- Approved unaudited financial results for the quarter ended June 30, 2026.
- Approved material related party transactions with KNRHC Baidyanath Banhardih Coal Mine Private Limited and KNR-SIML (JV).
- Noted significant trade receivables of ₹1,373.09 Cr related to Kaleswaram Package 4 Irrigation Project, with collections stalled since March 2023, though management is confident of recovery.
Business Update
Neutral
2026-08-10 10:05
- Concall Schedule
- Concall Date: 14th August 2026
- Concall Time: 02:00pm onwards
Business Update
Neutral
2026-08-08 11:07
- Concall Schedule
- Concall Date: Friday, 14th August 2026
- Concall Time: 11:30 AM IST
- Purpose: To discuss the financial performance for Q1 FY27 (quarter ended 30th June 2026).
Business Update
Positive
2026-08-04 16:57
- KNR Constructions Ltd (KNRCL) received a credit rating review from CRISIL Ratings on August 3, 2026.
- Long-term bank facilities rating reaffirmed as CRISIL AA/Stable.
- Short-term rating reaffirmed as CRISIL A1+/Stable.