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KNR Constructions Calls AGM on Sep 25; Seeks Nod for Rs 6,864 Cr Mining RPTs and Rs 0.25 Dividend
KNR Constructions has issued the notice for its 31st Annual General Meeting scheduled for September 25, 2026. Key business items include approving a final dividend of Rs 0.25 per equity share for FY26 and ratification of material related party transactions (RPTs) to execute large-scale mining contracts. Shareholder approval is sought for an RPT of up to Rs 3,552.43 Cr with subsidiary KNRHC Baidyanath Banhardih Coal Mine Pvt Ltd, and up to Rs 3,311.71 Cr with 51%-held KNR-SIML JV for an 8-year SECL mining project in Chhattisgarh. These operational contracts underpin KNR's strategic diversification from highway EPC into mining services.
Confidence: HIGH
What changedKNR published its 31st AGM notice setting the agenda for dividend adoption and shareholder approval of material RPT contracts totaling over Rs 6,864 Cr.
Why it mattersFormalizes the operational execution and revenue flow frameworks for KNR's multi-year mining contracts, which together represent ~2.7x TTM revenue (Rs 2,516 Cr).
Final Dividend Per Share: Rs 0.25Baidyanath Banhardih RPT Limit: Rs 3,552.43 CrKNR-SIML JV RPT Limit: Rs 3,311.71 CrSECL Mining Contract Tenure: 8 YearsCombined RPT Value vs TTM Revenue: ~273%
📅 Short termRoutine corporate governance process with e-voting active from September 22 to September 24, 2026.
📈 Long termExecution of the multi-year mining contracts will be critical in driving revenue growth beyond roads and stabilizing long-term EPC cash flows.
⚠ Risk flags
- Execution and mobilization delays in multi-year mining projects
- High project concentration in non-road mining contracts
Key Highlights
31st AGM scheduled on September 25, 2026, via Video Conference with e-voting cut-off on September 18, 2026.
Proposed final dividend of Rs 0.25 per equity share (face value Rs 2.00) for FY25-26.
Approval sought for material RPT up to Rs 3,552.43 Cr with subsidiary KNRHC Baidyanath Banhardih Coal Mine Pvt Ltd.
Approval sought for material RPT up to Rs 3,311.71 Cr with KNR-SIML (JV) for an 8-year SECL mining contract (Rs 200 Cr in Yr 1, Rs 216.31 Cr/yr for Yrs 2-8).
👀 What to Watch
Track shareholder voting results post-September 25, 2026, and monitor operational ramp-up and margin delivery in the newly commercializing mining projects across FY27.
KNR Constructions Bags ₹157.55 Cr EPC Infrastructure Project from GHMC in Hyderabad
KNR Constructions Limited has received a Letter of Acceptance (LoA) from Greater Hyderabad Municipal Corporation (GHMC) for an EPC project worth ₹157.55 crore (excluding GST). The scope includes constructing flyovers and an underpass at NFCL Junction and TV9 Junction in Banjara Hills, Telangana. The project execution period is set at 24 months. The contract value represents approximately 6.3% of KNR's TTM revenue of ₹2,516 crore.
Confidence: HIGH
What changedKNR Constructions secured a fresh urban EPC infrastructure contract valued at ₹157.55 crore from GHMC in Hyderabad.
Why it mattersAdds ₹157.55 crore (~6.3% of TTM revenue) to the order book, reinforcing presence in state-level municipal infrastructure in Telangana and aiding near-term revenue visibility.
Contract Value: Rs. 157,54,60,000Order vs TTM Revenue: ~6.3%Execution Period: 24 months
📅 Short termProvides positive sentiment for the stock with steady replenishment of the order backlog.
📈 Long termDemonstrates continuous traction in bagging state-level urban EPC jobs, supporting steady execution over the next 2 years.
⚠ Risk flags
- Urban execution bottlenecks including traffic diversions and utility shifting in Banjara Hills
- Tight 24-month timeline
Key Highlights
Received Letter of Acceptance worth ₹157,54,60,000 (excluding GST) from GHMC
Scope comprises 2-lane flyover at NFCL Junction and 2-lane underpass plus 3-lane flyover at TV9 Junction
Contract awarded under Engineering, Procurement, and Construction (EPC) mode
Execution timeline specified as 24 months from award
👀 What to Watch
Track timely handover of right-of-way in urban Hyderabad and revenue recognition milestones across the 24-month execution timeline in upcoming quarterly updates.
KNRCON Total Order Book at ₹15,234 Cr; Targets ₹8,000-10,000 Cr Order Inflow in FY27
In its Q1 FY27 earnings call transcript, KNR Constructions outlined a total order book of ₹15,234 crore (including recent HAM and a ₹3,361 crore coal mining JV order), providing over 6x coverage of its TTM revenue of ₹2,516 crore. The company completed the monetization of two HAM assets (KNR Ramagiri and Palani) to Indus Infra Trust, realizing ₹522 crore in total proceeds against ₹147 crore invested. Management has set an order inflow target of ₹8,000 to ₹10,000 crore for FY27 as it diversifies into mining, railways, and urban infrastructure.
Confidence: HIGH
What changedKNRCON released its detailed Q1 FY27 earnings call transcript, detailing order book expansion, mining economics, and HAM monetization updates.
Why it mattersThe order book expansion to ₹15,234 cr significantly restores medium-term revenue visibility, while asset sale proceeds replenish cash for future equity commitments.
Total Order Book: ₹15,234 crOrder Book vs TTM Revenue: ~605%FY27 Inflow Target: ₹8,000 - ₹10,000 crKusmunda Mining Order Value: ₹3,361 crAsset Sale Proceeds: ₹522 cr
📅 Short termReceipt of monetization proceeds provides strong balance sheet cushion, with execution expected to pick up post-monsoon.
📈 Long termSubstantial diversification into mining (45% of order book) reduces reliance on NHAI highway tenders, though mining margins (targeting 6%+ PAT) differ from traditional road EPC.
⚠ Risk flags
- High client and project concentration in the mining segment (45% of total order book)
- Dependence on NHAI awarding revival to achieve the ₹8,000-10,000 cr inflow target
- Additional ₹510 cr equity infusion required for Chennai ECR and Telangana HAM projects
Key Highlights
Total order book reached ₹15,234 cr (including pending HAM and the ₹3,361 cr Kusmunda mining project), executable over 3-3.5 years excluding mining.
Targeting ₹8,000 to ₹10,000 cr of new order inflows during FY27 across highways, irrigation, and other civil works.
Realized ₹522 cr in consideration from transferring 100% stake in two HAM SPVs (KNR Ramagiri: ₹227 cr; KNR Palani: ₹295 cr) against ₹147 cr invested.
Remaining equity requirement for existing HAM projects is ₹210 cr (₹125 cr in FY27 and ₹85 cr in FY28), with ₹595 cr already invested out of ₹805 cr.
Order book composition diversified to 45% mining, 38% roads, 11% irrigation, and 6% pipeline projects.
👀 What to Watch
Track the pace of order awarding from NHAI in H2 FY27 and the mobilization timeline for the ₹3,361 crore mining project.
KNRCON Secures Rs 3,361 Cr Mining Order; PAT Surges 450% on Asset Monetization
KNR Constructions (KNRCON) reported a mixed Q1FY27 with standalone revenue declining 10% YoY to Rs 436.7 Cr, but PAT surged 450% to Rs 282.3 Cr, driven by exceptional gains from asset monetization. The company secured a massive Rs 3,361 Cr mining project from SECL, which alone represents ~132% of its TTM revenue, significantly diversifying its order book. Asset transfers to Indus Infra Trust yielded Rs 522 Cr in total consideration against an initial investment of Rs 147 Cr. However, net working capital days have stretched significantly to 133 days from 78 days in the previous quarter.
Confidence: HIGH
What changedKNRCON has successfully pivoted its order book towards the mining sector (now 41% of total) and completed a significant round of asset monetization to boost liquidity.
Why it mattersThe SECL order provides long-term revenue visibility for 8 years and reduces dependency on the competitive road sector. The cash inflow from asset sales strengthens the balance sheet for future bidding.
SECL Order Value: Rs 3,361 CrOrder vs TTM Revenue: ~132%Total Order Book: Rs 8,667.4 CrAsset Monetization Proceeds: Rs 522 CrWorking Capital Days: 133 days
📅 Short termThe stock may see positive sentiment due to the massive order win and high exceptional profit, though the revenue contraction and working capital spike are cautionary notes.
📈 Long termThe structural shift into mining and irrigation provides a more diversified revenue base, potentially insulating the company from road-sector awarding slowdowns.
⚠ Risk flags
🔬 Flagged for deeper Multibagger analysis — view briefs →
- Significant jump in working capital days (78 to 133)
- High client concentration in the new mining project
- 10% YoY decline in standalone revenue
Key Highlights
Secured a major coal mining project from SECL valued at Rs 3,361 Cr for an 8-year period.
Total Order Book stands at Rs 8,667.4 Cr as of June 30, 2026, with Mining now the largest segment at 41%.
Realized Rs 522 Cr from the transfer of KNR Palani and KNR Ramagiri projects to Indus Infra Trust.
Standalone EBITDA margins improved to 15.0% in Q1FY27 compared to 13.6% in Q1FY26.
Net Working Capital days increased to 133 days in June 2026, up from 78 days in March 2026.
👀 What to Watch
Investors should monitor the execution timeline and mobilization of the SECL mining project, as it represents a major strategic shift. Additionally, watch for a potential normalization of the working capital cycle, which has nearly doubled in the latest quarter.
Rs 285 Cr Exceptional Gain Boosts KNRCON Q1 PAT; Rs 1,373 Cr Receivables Remain Stalled
KNR Constructions reported a standalone Q1 FY27 revenue of Rs 435.69 Cr, down 9.8% YoY from Rs 483.32 Cr. Net profit surged to Rs 242.28 Cr, primarily driven by a one-time exceptional gain of Rs 285.33 Cr from the divestment of two road subsidiaries to Indus Infra Trust for Rs 432.48 Cr. A critical concern persists as Rs 1,373.08 Cr in receivables (approx. 54% of TTM revenue) related to the Kaleswaram Irrigation Project remain stalled since March 2023. The board has fixed September 15, 2026, as the record date for dividend payments.
Confidence: HIGH
What changedKNR completed the sale of two HAM road assets to Indus Infra Trust, resulting in a significant cash inflow and one-time profit, while core construction revenue continued to face pressure.
Why it mattersThe asset sale validates KNR's monetization strategy and strengthens the balance sheet, but the massive stuck receivables in Telangana represent a significant liquidity and valuation overhang.
Exceptional Gain: Rs 285.33 CrStalled Receivables (Kaleswaram): Rs 1,373.08 CrReceivables vs TTM Revenue: 54.05%Asset Sale Consideration: Rs 432.48 CrQ1 Standalone Revenue: Rs 435.69 CrDividend Record Date: 15th September 2026
📅 Short termThe stock may see mixed reactions; while the high headline profit from asset sales is positive for liquidity, the YoY decline in core revenue and persistent receivables issue are dampeners.
📈 Long termStructural growth depends on the company's ability to diversify into mining and irrigation outside Telangana and resolve the payment deadlock with the state government.
⚠ Risk flags
- High client concentration with Rs 1,373 Cr stuck in a single project
- Stalled collections since March 2023 in the irrigation segment
- Declining core road construction revenue
Key Highlights
Exceptional profit of Rs 285.33 Cr realized from the sale of KNR Palani Infra and KNR Ramagiri Infra
Total consideration for asset divestment stood at Rs 432.48 Cr against an investment of Rs 147.14 Cr
Stalled receivables and unbilled amounts of Rs 1,373.08 Cr tied to Kaleswaram Package 4 project
Standalone revenue from operations declined 9.8% YoY to Rs 435.69 Cr in Q1 FY27
Dividend record date officially set for September 15, 2026
👀 What to Watch
Investors should closely monitor the recovery timeline for the Rs 1,373 Cr Kaleswaram dues and the execution ramp-up of the Jharkhand mining project to replace declining road revenues.
KNR Constructions Completes Sale of KNR Ramagiri Infra; Transfers Final 0.10% Stake
KNR Constructions Limited has completed the divestment of its subsidiary, KNR Ramagiri Infra Private Limited (KRIPL), by transferring the remaining 0.10% stake to Indus Infra Trust. This transaction involved the transfer of 488 equity shares, marking the final exit from the SPV. Consequently, KRIPL has ceased to be a subsidiary of the company. This move is part of KNR's ongoing strategy to monetize its road assets and recycle capital into new infrastructure projects.
Key Highlights
Transferred the balance 0.10% stake consisting of 488 equity shares in KNR Ramagiri Infra Private Limited.
The stake was acquired by Indus Infra Trust as per previous agreements.
KNR Ramagiri Infra Private Limited has officially ceased to be a subsidiary of KNR Constructions.
The transaction concludes a divestment process initiated in December 2025.
👀 What to Watch
Investors should view this as a positive development in KNR's asset-light strategy, which improves liquidity and strengthens the balance sheet for future project bidding.
KNR Constructions FY26 Net Profit Plummets 84% to ₹116 Cr; Declares ₹0.25 Dividend
KNR Constructions reported a weak set of standalone results for FY26, with revenue from operations declining 37.6% YoY to ₹2,096.72 crore. Net profit saw a massive drop of 84%, falling from ₹725.68 crore in FY25 to ₹116.06 crore in FY26, partly due to the absence of high other income seen in the previous year. A major concern remains the ₹1,363.32 crore tied up in the Kaleswaram project, where collections have been stalled since March 2023. Despite the earnings pressure, the board has recommended a final dividend of ₹0.25 per share.
Key Highlights
Standalone Revenue from Operations fell 37.6% YoY to ₹2,09,671.53 Lakhs in FY26.
Net Profit after tax dropped sharply to ₹11,606.22 Lakhs from ₹72,568.08 Lakhs in FY25.
Board recommended a final dividend of ₹0.25 per equity share of face value ₹2/- each.
Exposure to Kaleswaram project stands at ₹1,36,331.80 Lakhs with collections stalled for over three years.
Annual Earnings per Share (EPS) declined significantly to ₹4.13 from ₹25.80 in the previous year.
👀 What to Watch
Investors should exercise caution as the sharp decline in profitability and stalled receivables from the Kaleswaram project pose significant liquidity and growth risks. Monitor management commentary regarding the recovery of dues and the strategy for replenishing the order book.
KNR Constructions Completes Sale of KRIPL Subsidiary for Rs 227.45 Crore
KNR Constructions has successfully divested 99.90% of its equity in KNR Ramagiri Infra Private Limited (KRIPL) to Indus Infra Trust. The company received a total consideration of Rs 227.45 crore, which is significantly higher than its initial investment of Rs 82.75 crore in the SPV. Although 0.10% of the shares remain untransferred due to technical issues, all economic benefits have been passed to the purchaser. This transaction is part of the company's strategy to monetize mature road assets and recycle capital for future projects.
Key Highlights
Transferred 99.90% stake (480,262 shares) in KNR Ramagiri Infra Private Limited to Indus Infra Trust.
Received a total consideration of Rs 227.45 crore against an initial investment of Rs 82.75 crore.
The divested SPV accounted for 6.30% of the company's consolidated turnover and 3.24% of its net worth as of March 31, 2026.
Economic interest for the remaining 0.10% stake has also been transferred to the buyer despite technical delays in share transfer.
The sale was completed on June 11, 2026, following the initial agreement signed in December 2025.
👀 What to Watch
Investors should view this as a positive move for capital recycling and balance sheet strengthening. The substantial gain over the investment cost demonstrates the company's ability to create value through its SPV portfolio.
KNR Constructions Bags Rs 235.07 Crore Flyover Project in Hyderabad
KNR Constructions Limited has received a Letter of Acceptance from Malkajgiri Municipal Corporation for a flyover project in Telangana. The contract, valued at Rs. 235.07 Crores (excluding GST), involves the construction of a 6-lane bi-directional flyover on an EPC/Turnkey basis. The project covers three major junctions: TKR College, Gayatri Nagar, and Mandamallamma. The construction is scheduled to be completed within a period of 24 months.
Key Highlights
Awarded a contract worth Rs. 235.07 Crores excluding GST from Malkajgiri Municipal Corporation.
Project involves a 6-lane bi-directional flyover crossing three key junctions in Hyderabad.
Execution to be carried out on Engineering Procurement Construction (EPC)/Turnkey Basis.
The stipulated construction period for the project is 24 months.
👀 What to Watch
Investors should monitor the company's order book growth and execution efficiency. This contract provides steady revenue visibility for the next two years in the core EPC segment.
KNR Constructions Q4FY26: Order Book Hits ₹11,903 Cr; FY26 Consolidated PAT at ₹437 Cr
KNR Constructions reported a consolidated net profit of ₹437 crore for FY26 on a revenue of ₹2,698 crore, with a robust consolidated EBITDA margin of 26.4%. The company's total order book, including recent HAM project wins, has expanded to ₹11,903 crore, providing revenue visibility for the next 3 to 3.5 years. Management has set an aggressive order inflow target of ₹8,000 to ₹10,000 crore for FY27, focusing on roads, irrigation, and mining. Asset monetization remains a key strength, with the recent sale of KNR Palani Infra yielding a consideration of ₹205.05 crore.
Key Highlights
Total order book reached ₹11,903 crore (including recent HAM wins), with road projects accounting for 49% and mining for 30%.
Secured two major HAM projects in Q4FY26 with a combined value of ₹3,897 crore in Tamil Nadu and Telangana.
Consolidated FY26 EBITDA margin stood at a strong 26.4%, though standalone Q4 margins were lower at 5.3% due to project mix.
Successfully monetized KNR Palani Infra for ₹205.05 crore against an investment of ₹64.40 crore, plus ₹90 crore cash upstreaming.
Management targets ₹8,000 - ₹10,000 crore in new order inflows for FY27 to diversify into irrigation and urban infrastructure.
👀 What to Watch
Investors should focus on the company's execution efficiency of the newly bagged HAM projects and its ability to meet the FY27 order inflow guidance. The successful asset recycling model and strong order book provide a healthy cushion for long-term growth despite near-term awarding headwinds in the sector.
KNR Constructions Sells Subsidiary for Rs 205.05 Cr; Total Cash Inflow of Rs 295.05 Cr
KNR Constructions Limited has completed the sale of its 100% stake in KNR Palani Infra Private Limited (KPIPL) to Indus Infra Trust. The company received a consideration of Rs 205.05 crore against its initial investment of Rs 64.40 crore in equity and debt. Furthermore, the SPV up-streamed a cash surplus of Rs 90.00 crore to the company, resulting in a total cash inflow of Rs 295.05 crore. This divestment is part of the company's strategy to monetize mature assets and recycle capital for future projects.
Key Highlights
Transferred 100% equity capital of KNR Palani Infra Private Limited to Indus Infra Trust.
Received Rs 205.05 crore in consideration for an investment of only Rs 64.40 crore.
Additional Rs 90.00 crore cash surplus up-streamed from the SPV to KNR Constructions.
The divested SPV accounted for 3.22% of consolidated turnover and 4.89% of net worth as of March 2026.
The transaction was finalized on May 29, 2026, following the initial agreement in December 2025.
👀 What to Watch
Investors should view this as a positive liquidity event that strengthens the balance sheet and provides capital for new project bidding. The significant premium over the invested amount highlights the company's ability to create value in its SPV portfolio.
KNR Constructions Q4FY26 Standalone PAT Drops 74% YoY; Order Book at Rs 8,673 Cr
KNR Constructions reported a weak set of standalone results for Q4FY26, with revenue declining 37% YoY to Rs 5,353 million and EBITDA margins contracting sharply to 5.3% from 13.8%. For the full year FY26, standalone PAT saw a significant decline of 84% to Rs 1,161 million, largely due to lower execution and higher operating costs. Despite the financial slowdown, the company secured major new HAM projects in Telangana and Tamil Nadu worth over Rs 3,800 crore. The order book remains healthy at Rs 86,725 million, though working capital cycles have stretched significantly.
Key Highlights
Standalone Q4FY26 Revenue fell 37% YoY to Rs 5,353 million, while EBITDA crashed 76% to Rs 283 million.
Full-year FY26 standalone PAT plummeted 84% YoY to Rs 1,161 million compared to Rs 7,257 million in FY25.
Order book stands at Rs 86,725 million, diversified across Roads (30%), Irrigation (29%), and Mining (41%).
Secured two major HAM projects in Telangana (Rs 1,734 Cr) and Tamil Nadu (Rs 2,163 Cr) during the period.
Net working capital days increased to 78 days in Mar-26 from 59 days in Mar-25, indicating liquidity pressure.
👀 What to Watch
Investors should exercise caution as the sharp margin contraction and revenue decline reflect execution challenges; monitor the ramp-up of the new Rs 3,800 crore order wins. The significant increase in working capital days is a key monitorable for cash flow health.
KNR Constructions Reports FY26 Results, Recommends ₹0.25 Final Dividend
KNR Constructions has approved its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026. The Board recommended a final dividend of ₹0.25 per equity share of ₹2 each, representing a 12.5% payout on face value. The statutory auditors have issued an unmodified opinion, confirming the reliability of the financial statements. Additionally, the company confirmed it does not meet the SEBI criteria for 'Large Corporate' status for the 2026-27 fiscal year.
Key Highlights
Recommended a final dividend of ₹0.25 per equity share for the financial year 2025-26.
Statutory auditors issued an unmodified opinion on both standalone and consolidated financial statements.
Confirmed the company does not qualify as a 'Large Corporate' under SEBI regulations for FY 2026-27.
Re-appointed M/s KP Rao & Co. as Internal Auditors for the upcoming financial year 2026-27.
👀 What to Watch
Investors should monitor the detailed financial performance and order book updates to assess long-term growth. The dividend yield is relatively low, so focus should remain on execution capabilities and margin trends.
KNR Constructions Recommends Rs 0.25 Dividend and Approves FY26 Audited Results
KNR Constructions Limited has approved its audited standalone and consolidated financial results for the fiscal year ended March 31, 2026, with a clean (unmodified) audit opinion. The Board recommended a final dividend of Rs. 0.25 per equity share (12.5% of face value Rs. 2) for FY26, subject to shareholder approval. Key auditor appointments for FY27 were also finalized, including M/s KP Rao & Co. as Internal Auditors. The company further clarified that it does not meet the SEBI criteria for a 'Large Corporate' for the 2026-27 period.
Key Highlights
Recommended a final dividend of Rs. 0.25 per equity share of face value Rs. 2 each for FY 2025-26.
Approved audited standalone and consolidated financial statements for the year ended March 31, 2026.
Statutory auditors issued an unmodified opinion on the financial statements, ensuring reporting transparency.
Re-appointed M/s KP Rao & Co. as Internal Auditors and M/s Suneel & Associates as Cost Auditors for FY 2026-27.
Confirmed the company does not qualify as a 'Large Corporate' under SEBI criteria for the upcoming financial year.
👀 What to Watch
Investors should review the detailed financial statements for revenue and margin trends; the dividend recommendation and clean audit report are positive indicators of corporate governance.
KNR Constructions Receives Rs 32.87 Crore Settlement Claim from NHAI
KNR Constructions Limited has successfully received its share of claims totaling Rs 32.87 Crores from the National Highways Authority of India (NHAI). The settlement pertains to the Hubli-Hospet section of NH-63 and was finalized through the Conciliation Committee of Independent Experts (CCIE). The total receipt includes a principal amount of Rs 25.98 Crores and an interest component of Rs 6.89 Crores. This cash inflow is a positive development for the company's working capital and reflects successful dispute resolution.
Key Highlights
Received total claim amount of Rs 32.87 Crores as the company's share in a JV project.
The settlement consists of Rs 25.98 Crores in principal and Rs 6.89 Crores in interest.
Dispute resolved via the Conciliation Committee of Independent Experts (CCIE) for the NH-63 project.
The payment was received on April 23, 2026, following a settlement agreement signed in March 2026.
👀 What to Watch
Investors should view this as a positive liquidity event that improves cash flow and reduces outstanding receivables. No immediate action is required, but it reinforces the company's ability to recover dues from government authorities.
KNR Constructions Receives Rs 130.10 Crore Settlement from NHAI
KNR Constructions Limited (KNRCL) has received a total of Rs 130.10 Crores from the National Highways Authority of India (NHAI) following settlement agreements. The payment consists of a principal amount of Rs 91.79 Crores and an interest component of Rs 38.31 Crores. These claims relate to the Madurai-Ramanathapuram and Pollachi-Coimbatore sections of NH 83. This resolution, achieved through the Conciliation Committee of Independent Experts, provides a significant cash infusion and resolves outstanding disputes.
Key Highlights
Total receipt of Rs 130.10 Crores on April 21, 2026, following settlement agreements.
Includes a substantial interest component of Rs 38.31 Crores which will boost other income.
Madurai-Ramanathapuram project settlement totaled Rs 107.20 Crores (Rs 72.20 Cr principal + Rs 35 Cr interest).
Pollachi-Coimbatore project settlement totaled Rs 22.90 Crores (Rs 19.59 Cr principal + Rs 3.31 Cr interest).
Settlement reached via the Conciliation Committee of Independent Experts (CCIE) mechanism.
👀 What to Watch
This is a positive development as it improves liquidity and the interest component will likely enhance the quarterly bottom line. Investors should view this as a successful recovery of legacy dues, strengthening the company's balance sheet.
KNR Constructions Bags Rs 1,734 Crore NHAI Road Project in Telangana
KNR Constructions Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for a major highway project in Telangana. The project involves the 4-laning of an 80.01 km stretch of NH-167 with a bid project cost of Rs 1,734 crore. This project will be executed under the Hybrid Annuity Mode (HAM), which provides better cash flow stability compared to traditional EPC contracts. The construction is slated for completion within 730 days, followed by a 15-year operation period.
Key Highlights
Total bid project cost is valued at Rs 1,734.00 crore
Project covers 80.01 km of 4-laning on NH-167 in Telangana
Execution under Hybrid Annuity Mode (HAM) with a 15-year operation period
Construction timeline is fixed at 730 days (approximately 2 years)
Strengthens the company's order book and provides long-term revenue visibility
👀 What to Watch
This is a significant order win that bolsters KNR's revenue pipeline; investors should maintain a positive outlook while monitoring execution timelines and financing for the HAM project.
KNR Constructions Secures Rs 83.65 Crore Road Project in Telangana
KNR Constructions Limited has received a Letter of Acceptance for a road widening and strengthening project in Telangana. The contract is valued at approximately Rs 83.65 crore (excluding GST) and was awarded by Hyderabad Growth Corridor Limited. The project involves work from MGIT to Manikonda, including junction development at NPCI. With a short construction period of 9 months, this project is expected to contribute to the company's revenue in the near term.
Key Highlights
Total contract value stands at Rs 83,64,72,062.44 excluding GST
Project involves widening and strengthening of pipeline road from MGIT to Manikonda in Telangana
The contract was awarded by Hyderabad Growth Corridor Limited
Execution timeline is set at a relatively fast 9 months
Trading window for company securities is closed from March 27 to March 28, 2026
👀 What to Watch
Investors should note this as a positive incremental addition to KNR's order book, showcasing steady project wins. The short execution cycle of 9 months suggests quick revenue recognition potential.
KNR Constructions Secures ₹50.47 Crore Flyover Project from GHMC in Telangana
KNR Constructions Limited has received a Letter of Acceptance from the Greater Hyderabad Municipal Corporation (GHMC) for a new infrastructure project in Telangana. The contract involves the construction of a 4-lane unidirectional flyover at Rasoolpura on an EPC/Turnkey basis. The project is valued at approximately ₹50.47 Crores (excluding GST) and is expected to be completed within a 24-month timeframe. This order win reflects the company's continued focus on urban infrastructure projects in its core operating regions.
Key Highlights
Awarded a contract worth ₹50.47 Crores (excluding GST) by Greater Hyderabad Municipal Corporation
Project involves construction of a 4-lane unidirectional flyover at Rasoolpura, Telangana
Execution to be carried out on an Engineering Procurement Construction (EPC) / Turnkey basis
The construction period for the project is stipulated at 24 months
👀 What to Watch
Investors should view this as a routine but positive addition to the order book. While the contract size is relatively small for KNR, it demonstrates steady project flow and execution visibility in the urban infrastructure segment.
KNR Constructions Signs Concession Agreement for ECR Elevated Corridor HAM Project
KNR Constructions' wholly-owned subsidiary, KNR Mahabalipuram Infra Private Limited, has officially signed a Concession Agreement with the Tamil Nadu State Highways Authority (TANSHA). The project involves the construction of a four-lane elevated corridor along the East Coast Road (ECR) from Thiruvanmiyur to Uthandi in Tamil Nadu. This project will be executed under the Hybrid Annuity Mode (HAM), which typically provides better cash flow visibility for the developer. The signing of this agreement is a critical milestone that moves the project from the 'awarded' stage toward the 'execution' stage.
Key Highlights
Concession Agreement signed on February 26, 2026, for the ECR elevated corridor project.
Project covers a four-lane elevated corridor from design Chainage Km 11+480 to Km 24+780.
Execution will be handled by a dedicated wholly-owned subsidiary under the Hybrid Annuity Mode (HAM).
Counterparty for the project is the Tamil Nadu State Highways Authority (TANSHA).
👀 What to Watch
Investors should monitor the project for the announcement of the 'Appointed Date,' which will mark the official start of construction and revenue recognition. This development reinforces KNR's strong execution capabilities in the infrastructure and HAM segments.
