KNR Constructions Limited has released the transcript of its Q1 FY27 earnings conference call held on August 14, 2026. The document details the company’s financial results for the quarter, its current order book status, and future growth strategies across various infrastructure sectors including roads, railways, and mining. Management provided insights into project execution, capex plans, and financial performance expectations for the remainder of FY27 and FY28.
KNR Constructions Details Q1 FY27 Performance and Outlook
KNR Constructions Limited has shared the transcript of its Q1 FY27 earnings conference call, offering a comprehensive overview of its financial performance, project pipeline, and strategic direction. The call, held on August 14, 2026, provided stakeholders with insights into the company’s operations during the first quarter of the fiscal year.
Financial Highlights and Order Book
For the standalone Q1 FY27, KNR Constructions reported revenue of INR436.7 crores, with an EBITDA of INR65 crores, resulting in an EBITDA margin of 15%. Net profit for the quarter stood at INR282.3 crores. On a consolidated basis, revenue reached INR587.9 crores, EBITDA was INR96.4 crores (16.4% margin), and net profit was INR80.7 crores. The company’s total order book as of June 30, 2026, was INR8,667 crores, which expands to INR15,234 crores when including recently won projects. The order book is diversified across sectors: 38% for roads, 11% for irrigation, 6% for pipelines, and 45% for mining.
Sectoral Focus and Growth Opportunities
Management highlighted the ongoing recalibration in the road sector, with subdued project awarding in early FY27 but a positive outlook for the remainder of the year, supported by increased government spending. The company sees significant opportunities in railways and urban mobility, with a strong government focus on capacity expansion and modernization. Emerging areas like battery energy storage systems are also being explored. The company’s long-term infrastructure opportunity in India remains intact, with a strategy to build a diversified order book.
Key Project Updates
Updates were provided on several Hybrid Annuity Model (HAM) projects, with some nearing completion. Notably, the company, along with its JV partner, secured a INR3,361 crore coal mining project in Chhattisgarh, expected to be executed over eight years. Discussions and efforts are ongoing for various other projects, including the Telangana and Chennai ECR HAM projects, and a large coal mining project in Kusmunda, Chhattisgarh.
Financial Guidance and Outlook
For the full year FY27, KNR Constructions is targeting revenues between INR2,200 crores to INR2,300 crores with an EBITDA margin of 8% to 9%. For FY28, the company anticipates crossing INR3,000 crores in revenue with an EBITDA margin of 11% to 12%. Capex plans for FY27 are estimated at INR350 crores to INR400 crores, primarily for mining operations. The company is also evaluating buyback proposals, with further details to be decided by the Board.
Debt and Receivables
The consolidated debt as of June 30, 2026, stood at INR1,975 crores, down from INR2,438 crores in March 2026. The net debt to equity ratio on a consolidated basis was 0.9. Standalone debt is nil, with standalone cash at INR310 crores. Receivables from Telangana for Package 4 amount to INR1,300 crores, and overall receivables from irrigation projects are around INR1,450 crores.
Source: BSE
