KNR Constructions
- From a geographical perspective, the orderbook has been entirely based out of Southern India – concentrated towards Telangana (34.5%), Karnataka (28.9%), Andhra Pradesh (15.5%) and Kerala (13.9%).
Q2FY24
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Elections issue with many EPC players in H1
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Order book @ 4406 Crores
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52% EPC, 23% irrigation, 25% pipeline
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Within road projects other than HAM, 54% is contributed by state governments, 11% by the central government, and the remaining 2% by other entities.
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Order book : 4406 Cr, doesn’t include 2 projects worth 1200Cr, H2 might be have better inflow : 6000-8000 Cr
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Pipeline is good, 80-85 tenders from NHAI (800-1600 Cr)
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Plans to bid MSRDC project in Maharashtra worth 2000Cr in partnership with other contractors.
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The road sector is experiencing increasing momentum, with NHAI planning to award projects worth Rs 3 Lc Cr. Additionally, the Andhra Pradesh government aims to award irrigation projects worth Rs 1.5 Lc Cr, presenting significant opportunities for companies like KNR . The company’s strategy to diversify into other segments is a positive move for long-term growth.
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