MarketFriction

KNR Constructions Ltd

NSE KNRCON · BSE 532942 · Civil Construction
₹113.29 -4.46%
NSE close2026-10-01
52 week range108.65 - 204.60
Market cap₹3,353 Cr.
P/E9.81
Microcap 250 Price band 20% Delivery 46.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue from operations1,0389961,4149851,945848975613646743696588
Operating costs8077701,0397061,075593754430454576526492
EBITDA23222637527987025622118319316716996
EBITDA margin %22%23%26%28%45%30%23%30%30%22%24%16%
Depreciation & amortisation3941413023823231515151411
Finance costs212837378941414853555653
Non-operating income5712521132122-1002571419125
Pre-tax profit17716442223267531358144132110118158
Effective tax rate %20%17%22%24%13%20%87%16%22%8%21%53%
Profit after tax143136341166580248812310510310681
Earnings per share (Rs)5.244.9612.566.1415.708.844.954.393.723.663.782.87
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations1,1921,6422,0702,2922,4522,9043,6064,0624,4294,7532,6982,673
Operating costs1,0191,3781,6201,7541,8292,2052,8043,1453,3803,1441,9862,048
EBITDA1722644495386236998029181,0491,610712625
EBITDA margin %14%16%22%23%25%24%22%23%24%34%26%23%
Depreciation & amortisation711161942302541901651811573145955
Finance costs57738290111133151153106208213216
Non-operating income4630557566144789816217282165
Pre-tax profit901062282923245205636819481,260523519
Effective tax rate %-24%7%-0%9%21%26%35%36%21%20%16%
Profit after tax112992292652563833664397521,002437394
Earnings per share (Rs)3.994.098.669.629.4414.4913.5816.2927.6435.6215.5414.03
Paid out as dividend %5%6%2%2%3%2%2%2%1%1%2%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR9%-1%-13%-39%
Profit CAGR14%4%0%-67%
Share price CAGR5%-16%-25%-39%
Average return on equity19%18%19%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)2357381,2281,3411,3211,275776890890806482429
Capital work in progress1,1084299110102213200
Investments2410674535266627372115116319
Current & other assets6457138491,2131,3572,1533,1674,2873,3774,8806,5337,373
Total assets2,0121,9862,2422,6082,7293,5034,0075,2704,3425,8047,1318,122
Share capital282828282828565656565656
Reserves & surplus7606707861,0201,2831,5331,9122,2712,7233,4984,4854,916
Total debt7347357217707588757641,4646521,2621,8492,444
Other liabilities & provisions4905527077906601,0681,2751,479911987741705
Equity + liabilities2,0121,9862,2422,6082,7293,5034,0075,2704,3425,8047,1318,122
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow78246366221256231-76-3361,194-297-567-149
Investing cash flow-549-244-250-163-184-202260-40867-34-167-139
Free cash flow (after capex)-466-717245125-170-6901,100-374-592-135
Financing cash flow4501-124-38-1082-98765-1,217496480371
Net change in cash-213-820-3531872044165-25383
Cash conversion (OCF / EBITDA) %88%150%145%56%59%50%1%-18%151%-5%-21%-5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %6%9%12%18%19%19%22%20%21%26%29%10%
Receivable days4441404715264261565671109
Inventory days607281535760587057494063
Payable days821301651761311279995956270135
Cash cycle (days)23-16-44-75-58-4213618424038
Working capital days171723330-11-13377777154312
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %51.09%51.09%51.09%48.81%48.81%48.81%48.81%48.81%48.81%48.81%48.81%48.81%
Foreign investors %6.61%7.57%7.13%8.18%6.66%6.99%6.91%7.06%7.52%7.38%6.30%5.43%
Domestic institutions %32.27%29.32%30.46%30.75%30.47%29.70%28.31%25.10%21.51%20.02%19.32%17.30%
Retail & others %10.03%12.01%11.30%12.27%14.06%14.49%15.96%19.02%22.17%23.79%25.58%28.46%
Shareholder count1,04,0711,15,7701,30,6711,56,4771,96,2442,09,9872,20,6792,30,9862,48,2332,45,3262,42,7022,42,376

Fundamentals

Market value₹ 3,353 Cr.
Last price₹ 119
P/E (trailing)9.81
Book value / share₹ 177
Return on capital10.4 %
Return on equity8.70 %
Dividend yield0.21 %
Face value₹ 2.00
Revenue CAGR (TTM)-39%
Profit CAGR (TTM)-67%
Consolidated figures.
Valuation
Market capRs 3,186 Cr
Enterprise valueRs 5,253 Cr
P/E (TTM)8.08x
Price to book0.64x
Price to sales1.19x
EV / EBITDA6.65x
EV / EBIT7.14x
EV / sales1.97x
Earnings yield12.38%
Dividend yield0.22%
P/E, 3-year average7.53x
P/B, 3-year average1.33x
P/E, 5-year average11.82x
P/B, 5-year average2.00x
Profitability
Operating margin (excl. other income)26.40%
Operating margin (incl. other income)29.46%
EBITDA margin29.55%
Pre-tax margin19.41%
Net profit margin14.76%
Net margin, latest quarter13.74%
ROE9.19%
ROCE10.65%
ROA5.73%
ROE, 3-year average19.50%
ROCE, 3-year average20.80%
ROA, 3-year average12.18%
ROE, 5-year average18.84%
ROCE, 5-year average21.49%
ROA, 5-year average10.86%
ROIC (approx.)8.73%
Tax rate16.44%
Other income / net worth1.66%
Growth
Sales growth (latest year)-43.24%
Profit growth (latest year)-56.37%
Sales CAGR, 3 years-12.75%
Sales CAGR, 5 years-1.46%
Profit CAGR, 3 years-1.55%
Profit CAGR, 5 years1.42%
Sales growth QoQ-15.48%
Profit growth QoQ-23.91%
Sales growth YoY (latest quarter)-4.04%
Profit growth YoY (latest quarter)-34.52%
Per share
EPS (TTM)Rs 14.03
EPS (latest year)Rs 15.54
EPS (latest quarter)Rs 2.87
EPS, 3-year averageRs 26.27
EPS, 5-year averageRs 21.73
Book value per shareRs 176.79
Sales per shareRs 95.05
Cash flow per shareRs -5.30
Dividend per share (latest year)Rs 0.25
Dividend per share, 3-year averageRs 0.25
Dividend per share, 5-year averageRs 0.25
Dividends
Dividend payout1.61%
Dividend payout, 3-year average1.07%
Dividend payout, 5-year average1.32%
Efficiency
Asset turnover0.33x
Fixed asset turnover6.29x
Inventory turnover12.91x
Inventory days28 days
Debtor days109 days
Debtors turnover3.34x
Leverage
Total debtRs 2,444 Cr
Cash and bankRs 377 Cr
Net debtRs 2,067 Cr
Debt to equity0.49x
Net debt / EBITDA2.62x
Interest coverage3.40x
Current ratio (filing 2026-03-31)4.68x
Quick ratio (filing 2026-03-31)4.52x
Trade payables (filing 2026-03-31)Rs 282 Cr
Owners' fund to total sources61.22%
Debt to assets30.10%
Cash flow
Operating cash flow (latest year)Rs -149 Cr
Investing cash flow (latest year)Rs -139 Cr
Financing cash flow (latest year)Rs 371 Cr
Net change in cash (latest year)Rs 83 Cr
Statement figures
Net sales (TTM)Rs 2,673 Cr
Net sales (latest year)Rs 2,698 Cr
Sales (latest quarter)Rs 588 Cr
Operating profit excl. other income (latest year)Rs 712 Cr
Operating profit (latest quarter)Rs 96 Cr
Other income (TTM)Rs 165 Cr
EBITDA (TTM)Rs 790 Cr
PBDT (TTM)Rs 574 Cr
Profit before tax (TTM)Rs 519 Cr
Tax (latest year)Rs 86 Cr
Net profit (TTM)Rs 394 Cr
Net profit (latest year)Rs 437 Cr
Net profit (latest quarter)Rs 81 Cr
Depreciation (TTM)Rs 55 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 216 Cr
Cost of goods sold (latest year)Rs 1,714 Cr
Total expenditure (latest year)Rs 1,986 Cr
Total income (latest year)Rs 2,780 Cr
Share capitalRs 56 Cr
ReservesRs 4,916 Cr
Shareholders' fundsRs 4,972 Cr
Total assetsRs 8,122 Cr
Net blockRs 429 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 319 Cr
ReceivablesRs 808 Cr
InventoryRs 133 Cr
Other liabilitiesRs 705 Cr
Shares outstanding (crore)28.12
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.1 is at the 14th percentile of its own 9.4-year range (median 15.1, low 5.1, high 39.7).
P/B 0.64 is the lowest in 9.4 years (median 2.79).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodKNRCONNifty 50Difference
1 week-5.6%-2.8% -2.8 pts
1 month-3.7%-6.8% +3.1 pts
3 months-13.8%-7.6% -6.2 pts
6 months+0.2%+0.4% -0.2 pts
1 year-43.6%-9.9% -33.7 pts
2 years-65.5%-13.6% -51.9 pts
3 years-60.1%+14.2% -74.3 pts
5 years-60.9%+27.9% -88.8 pts
24 mutual fund schemes hold about ₹492 Cr. Over three months 8 bought more and 7 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Infrastructure Fund1.44%123 +6%
Invesco India Contra Fund0.53%109 +3%
HDFC Mid Cap Fund0.05%54 -59%
HSBC Value Fund0.25%39 +2%
Bajaj Finserv Small Cap Fund1.33%35 -12%
ICICI Pru Aggressive Hybrid Fund(A0.06%33 +4%
Invesco India Infrastructure Fund1.75%27 +7%
Bajaj Finserv Multi Cap Fund1.04%17 -7%
Tata Infrastructure Fund0.67%14 +10%
Tata Infrastructure Fund0.67%14 +10%
ICICI Pru Conservative Hybrid Fund0.17%6 +6%
Bank of India Mfg & Infra Fund(Q0.59%6 -7%
Motilal Oswal Nifty Microcap 250 Index Fund0.18%5 -1%
Bandhan Business Cycle Fund0.40%4 +12%
Bandhan Infrastructure Fund0.26%4 +11%
Invesco India Balanced Advantage Fund0.39%4 +13%
Groww Nifty Total Market Index Fund0.01%0 +3%
Angel One Nifty Total Market Index Fund0.01%0 +3%
Motilal Oswal BSE 1000 Index Fund0.01%0 +3%
Edelweiss Small Cap Fund0.00%0 -100%
Bajaj Finserv Large & Mid Cap Fund0.00%0 -100%
Mirae Asset Nifty Total Market Index Fund0.01%0 +3%
Bajaj Finserv ELSS-Tax Saver Fund0.00%0 -100%
Bandhan Nifty Total Market Index Fund0.01%0 +3%

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -46% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew -12% vs sales -43% in 2026
explainDebt up, profit down Borrowings up 32% while net profit fell in 2026
lookRegulator order or action Regulator order or action 2026-02-19: KNR Constructions Limited has informed the Exchange about Action(s) taken or orders passed
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹588 Cr -4.1% vs Jun 2025. Net profit ₹81 Cr -34.1%.
Against our estimate for Jun 2026: sales +20.7%, profit +5.6% in line. Our estimate for Sep 2026: sales Rs 540 Cr, profit Rs 79 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
Larsen & Toubro Ltd515,83729.314.6 %
Rail Vikas Nigam Ltd41,26345.910.8 %
Kalpataru Projects International Ltd23,31221.018.3 %
NBCC (India) Ltd21,06330.829.3 %
Cemindia Projects Ltd21,01534.932.8 %
IRB Infrastructure Developers Ltd20,50820.87.47 %
Engineers India Ltd17,43522.230.4 %
Central Mine Planning & Design Institute Ltd15,21723.338.1 %
Techno Electric & Engineering Company Ltd11,74822.815.2 %
Welspun Enterprises Ltd10,30229.116.7 %
KEC International Ltd10,07216.816.5 %
Ircon International Ltd9,63718.49.27 %
Rites Ltd9,24222.123.0 %
Afcons Infrastructure Ltd9,01444.013.9 %
NCC Ltd8,05311.216.8 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-15Dividend - Re 0.25 Per Share
2025-09-15Dividend - Re 0.25 Per Share
2024-09-17Dividend - Re 0.25 Per Share
2023-09-22Dividend - Re 0.25 Per Share
2023-09-22Annual General Meeting
2022-09-21Annual General Meeting/Dividend - Re 0.25 Per Share
2021-09-21 Dividend - Rs 0.25 Per Share
2021-02-03 Bonus 1:10.5000
2020-09-18 Annual General Meeting
2020-03-19 Interim Dividend - Rs 0.50 Per Share
2019-09-20 Annual General Meeting/Dividend - Rs 0.40 Per Share
2018-09-24 Annual General Meeting/Dividend Re 0.40 Per Share
2017-09-21 Annual General Meeting/Dividend - Re 0.50 Per Share
2016-12-13 Fv Splt Frm Rs 10 To Rs 20.2000
2016-09-22 Annual General Meeting
2016-03-22 Interim Dividend - Re 1/- Per Share (Purpose Revised)
2015-09-23 Annual General Meeting/ Dividend - Re 1/- Per Share
2014-09-23Annual General Meeting / Dividend - Re 1/- Per Share
2013-09-10Annual General Meeting/Dividend Re 1/- Per Share
2012-08-02Annual General Meeting/Dividend Of Re.1 Per Share
2011-09-15Annual General Meeting/Dividend Rs 2 Per Share
2010-09-21Annual General Meeting And Dividend Rs.2/- Per Share
2009-09-02Agm/Div-Rs.2/- Per Share
2008-09-23Agm/Dividend - 10%
DateTypeWhat it says
2026-09-30UpdatesUpdate on sale of stake in SPV - Revised.
2026-09-30UpdatesUpdate on extension of expected date of sale of stake in SPVs.
2026-09-30UpdatesReceipt of order from Asst Commissioner of Income tax.
2026-09-26Shareholder meetingVoting results.
2026-09-25Shareholder meetingProceedings of Annual General Meeting held on September 25, 2026
2026-09-24UpdatesReceipt of order - Commissioner of Income tax.
2026-09-18UpdatesReceipt of Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015- Receipt of order from Office of Commissioner of Income Tax Appeals.
2026-09-18UpdatesTransfer of equity shares held in KNR Guruvayur Infra Private Limited, wholly owned subsidiary of the Company.
2026-09-05CorrigendumCorrigendum to Notice of Annual General Meeting to be held on September 25, 2026
2026-09-03Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-29Order winBagging/Receiving of orders/contracts
2026-08-20Concall / analyst meetTranscript
2026-08-14Concall / analyst meetLink of Recording
2026-08-13Record DateRecord date for the purpose of Dividend is 15-Sep-2026.
2026-08-13Investor PresentationInvestor Presentation
2026-08-13Board meeting outcomeKNR Constructions Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-10Concall / analyst meetSchedule of meet
2026-08-08Concall / analyst meetSchedule of meet
2026-08-04Credit RatingCredit Rating
2026-06-17UpdatesIntimation under regulation 30 of SEBI (LODR) Regulations 2015.
2026-06-15UpdatesFinancial Results for the FY ended 31st March 2026.
2026-06-12UpdatesIntimation under Regulation 30 of SEBI (LODR) Regulations, 2015.
2026-06-09Order winBagging/Receiving of orders/contracts
2026-06-06Concall / analyst meetTranscript
2026-06-01Concall / analyst meetLink of Recording
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of KNR Constructions Ltd?

KNR Constructions Ltd (KNRCON) has a market capitalisation of Rs 3,353 Cr. at the 2026-10-01 close.

What is the P/E ratio of KNR Constructions Ltd?

KNR Constructions Ltd trades at a P/E of 9.81 on trailing twelve-month profit, at the 2026-10-01 close.

What were KNR Constructions Ltd's latest quarterly results?

In the Jun 2026 quarter, KNR Constructions Ltd sales was Rs 588 Cr (-4.1% vs Jun 2025) and net profit was Rs 81 Cr.

What is the 52-week high and low of KNR Constructions Ltd?

The 52-week high is Rs 204.60 and the 52-week low is Rs 108.65.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03