Knr Constructions Limited · NSE:KNRCON
Knr Constructions — Q2 FY2026 Earnings Presentation
37 slides from Knr Constructions's earnings presentation, November 2025
Slide 1: Investor Presentation
Investor Presentation November 2025
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by KNR Constructions Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 3: Key Highlights
Key Highlights ❑ Received Letter of Acceptance for 2 EPC Projects in Telangana ✓ From Greater Hyderabad Municipal Corporation for Construction of 3 lane flyover on LHS (towards Ameerpet) and 3 lane flyover on RHS NH65 (towards Miyapur) at Kukatpally “Y” junction ▪ Contract size: Rs. 728 Mn excluding
Slide 4: Key Highlights & Result Update
Key Highlights & Result Update 4
Slide 5: Standalone Financial Highlights
Standalone Financial Highlights Rs. Million Revenue EBITDA EBITDA Margins PAT -770 bps 8,838 1,648 18.6% 3,344 Quarter 2 4,930 10.9% 536 279 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 -800 bps 17,640 3,569 20.2% 4,683 Half Year 9,763 12.2% 1,192 792 H1 FY25 H1 FY26 H1 FY25 H1 FY
Slide 6: Standalone Financial Results
Standalone Financial Results Standalone Rs. Million Q2 FY26 Q2 FY25 YoY Q1 FY26 QoQ H1 FY26 H1 FY25 YoY Total Revenue 4,930.0 8,838.0 -44% 4,833.2 2% 9,763.2 17,639.8 -45% Operating Expenses 3,426.6 5,942.8 3,218.6 6,645.1 11,555.7 Employees Expenses 465.0 525.6 389.7 854.7 944.8 Other Expenditure 5
Slide 7: Standalone Balance Sheet
Standalone Balance Sheet ASSETS (Rs. Million) Sep-25 Mar-25 EQUITY & LIABILITIES (Rs. Million) Sep-25 Mar-25 Non-Current Assets Equity Property, plant and equipment 2,573.7 2,998.8 Equity Share capital 562.5 562.5 Capital work-in-progress 8.8 4.1 Right of Use Asset 20.9 26.4 Other equity 39,612.6 38
Slide 8: Consolidated Financial Results
Consolidated Financial Results Consolidated Rs. Million Q2 FY26 Q2 FY25 YoY Q1 FY26 QoQ H1 FY26 H1 FY25 YoY Total Revenue 6,465.0 19,448.6 -67% 6,127.2 6% 12,592.3 29,298.6 -57% Operating Expenses 3,430.0 9,074.1 3,258.8 6,688.8 14,701.4 Employees Expenses 466.1 524.4 389.9 856.1 945.2 Other Expendi
Slide 9: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. Million) Sep-25 Mar-25 EQUITY & LIABILITIES (Rs. Million) Sep-25 Mar-25 Non-Current Assets Equity Property, plant and equipment 2,968.7 3,383.2 Equity Share capital 562.5 562.5 Capital work-in-progress 8.8 4.1 Instruments entirely equity in nature 0.0 0.0 Right
Slide 10: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Million) Half Year ended Half Year ended Half Year ended Half Year ended 30-Sep-25 30-Sep-24 30-Sep-25 30-Sep-24 Net Profit Before Tax 1,071.1 6,072.0 2,806.7 8,907.9 Adjustments for: Non-Cash Items / Other Investment or Financial Items 20
Slide 11: Standalone Net Working Capital Days
Standalone Net Working Capital Days 144 89 93 82 79 67 89 69 48 53 63 53 52 52 40 55 57 59 36 52 53 43 41 45 26 28 30 23 25 23 7 98 10 66 13 45 16 16 64 15 51 18 15 74 20 15 53 17 14 39 12 14 45 19 16 40 20 20 78 20117 95 96 20122 17135 203 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar
Slide 12: Business Update
Business Update 12
Slide 13: Business Overview
Business Overview ❑ One of the leading companies providing Engineering, Procurement and Construction (EPC) services • Major Projects in Roads & Highways – one of the fast-growing sectors • Established presence in Irrigation and Urban Water Infrastructure Management Vision ❑ 25+ years of experience o
Slide 14: Transformation
Transformation Received the biggest Bagged 1st BOT Early completion of work of order value Rs. Project in Karnataka Bagged 2nd BOT IPO & Biggest Road Incorporated 8,250 mn from Sadbhav worth Rs. 4,420 Mn; project worth Listed on Project – Bijapur 1995 & Commenced 2006 Entry into Urban water 2007 Rs.
Slide 15: Top Management
Top Management Mr. K. Narasimha Reddy – Mr. K. Jalandhar Reddy – Founder Promoter & Managing Director Promoter & Executive Director ▪ Over 50 years of experience in the Highway sector ▪ Over 25 years of experience in the Highway and ▪ Started career in 1968 and engaged in the business of infrastruct
Slide 16: Supported by Professional Team
Supported by Professional Team ▪ A Bachelor of Engineering (BE) from MITS Gwalior (MP) with Over 40 years of total experience with ~20 years of Mr. T.L. Verma experience in Highway sector (Sr. Vice President - Projects) ▪ Working with the company since 2006 on various projects i.e. Bridges and Highw
Slide 17: Key Business Strength
Key Business Strength 17
Slide 18: Project Execution Capabilities
1. Project Execution Capabilities ❑ Top management’s active involvement at all stages of Project execution • Selection of Major Raw Material • Selection of construction Camp location ❑ Faster Decision making to ensure project completion on schedule ❑ Received Bonus for completion of construction ahe
Slide 19: Pan India Project Execution Capability
Pan India Project Execution Capability* Sr. No. State No. of Projects Project Value (Rs. Mn) 1 Tamil Nadu 13 52,027 2 AP & Telangana 31 50,473 Arunachal 3 Karnataka 15 33,176 Haryana Pradesh Assam 4 Kerala 2 17,068 Uttar 5 Madhya Pradesh 4 6,619 Pradesh Gujarat 6 Uttar Pradesh 10 4,549 Madhya 7 Assa
Slide 20: Project Execution Highlights
Project Execution Highlights Grade Separator ❑ Constructed Grade Separator in Coimbatore city with a cumulative length of flyover, 2.853 km • Length of 1st level flyover is 1.752 km • Length of 2nd level flyover is 1.101 km as a part of multipronged approach to ease traffic congestion in main city r
Slide 21: In-house Construction Equipment
2. In-house Construction Equipment Sr. No. Machinery Quantity Sr. No. Machinery Quantity 1 Tippers & Tankers 1,227 16 Transformers 39 2 Excavators 381 17 Crushers 32 3 Generators 306 18 Trailers 36 4 Concrete Mixers And Pumps 195 19 Dozers 22 5 Compactors 134 20 Light Soures 25 6 Drillers & Breakers
Slide 22: In-house Execution Team
3. In-house Execution Team 2% Total Employees* Project Engineering 27% 2,550 35% Site Supervision Site Engineers 9% Equipment Operators Admin & Office Staff 27% IN-HOUSE TEAM OF QUALIFIED AND EXPERIENCED EMPLOYEES LED BY PROVEN MANAGEMENT TEAM * as on September 30th 2025 22
Slide 23: Host of Marque Clients
4. Host of Marque Clients Andhra Pradesh Road National Highways Authority Ministry of Road Transport & Development Corporation Hyderabad Growth Corridor Karnataka State Highway of India (NHAI) Highways (MoRTH) (APRDC) Limited (HGCL) Improvement Project (KSHIP) Madhya Pradesh Road Karnataka Road Deve
Slide 24: BOT Portfolio
BOT Portfolio Disclaimer BOT Portfolio 24
Slide 25: BOT Portfolio – Annuity Projects
BOT Portfolio – Annuity Projects Particulars Patel KNR Infrastructures limited (PKIL) Patel KNR Heavy Infrastructures Limited (PKHIL) Stake 40% 40% Project Type Road-Annuity Road-Annuity Project Details State Karnataka Telangana JV Partner PEL PEIL Client NHAI NHAI Length (KM) 60.0 53.0 Concession S
Slide 26: HAM Portfolio
HAM Portfolio Mysore to Mysore to Magadi - Oddanchatram - Ramanattukara - Valanchery - Marripudi to Particulars Chittor -Thatchur Kushalnagara Kushalnagara Somwarpet Madathukulam Valanchery Kappirikkad Somvarappadu (Pkg V) (Pkg IV) KNR Somwarpet KNR KNR Palani Infra KNR Ramanattukara KNR Guruvayur I
Slide 27: Order Book & Business Strategy
Order Book & Business Strategy 27
Slide 28: Order-book Highlights
Order-book Highlights Key Projects Rs. Mn Order Book Break-up Mysore to Kushalnagara (Pkg V) (HAM) 6,054 Mysore to Kushalnagara (Pkg IV) (HAM) 5,867 75% Marripudi to Somvarappadu Project (HAM) 2,762 20% 80% 2% Bangalore-Mangalore Project (Periya Shanthi to Bntwal) (EPC) 2,206 3% Elevated Highway alo
Slide 29: Order-book: State-wise
Order-book: State-wise Jharkhand No of Projects 1 Balance Value Rs. 35,524 mn Karnataka No of Projects 6 Balance Value Rs. 15,238 mn AP & Telangana No of Projects 13 Kerala Balance Value Rs. 29,151 mn No of Projects 2 Balance Value Rs.1,043 mn Tamil Nadu No of Projects 2 Balance Value Rs. 1,204 mn D
Slide 30: Recently Won Projects
Recently Won Projects Rs. million Rs. Million New Projects (Excluding GST) 5,319 87,478 3 lane flyover of NH65 (Towards Miyapur) at Kukatpally “Y” junction 82,159 728 (EPC Basis) in Telangana Construction of Multi level flyovers/ Grade separators at two junctions and widening and Development of road
Slide 31: Orderbook Breakup - Rs. 87,478 Mn
Orderbook Breakup - Rs. 87,478 Mn Order Book Break-up 76% 19% 81% 2% 3% Captive (HAM Projects) State Govt. Central Govt. Others Segment Wise Split Region Wise Split Mining 41% East Pipeline 41% 12% Roads (HAM) Irrigation 19% 18% South Roads 59% (Others) 10% 31
Slide 32: Business Strategy
Business Strategy Focus on Projects involving Higher degree of engineering skills 03 Focus on securing EPC Continuously explores growth contracts from reputed opportunities by forming Clients and Concessionaire strategic Joint Ventures (JVs) 02 04 Capitalise on Opportunity of Execute all the project
Slide 33: Financial BOT Portfolio – Toll Project Highlights
Financial BOT Portfolio – Toll Project Highlights Financial Highlights 33
Slide 34: Standalone Financial Highlights
Standalone Financial Highlights Financial Year 2010* 2011* 2012* 2013* 2014* 2015* 2016^ 2017^ 2018^ 2019^ 2020^ 2021^ 2022^ 2023^ 2024^ 2025^ Rs. 7,125 Rs. 7,930 Rs. 7,505 Rs. 6,921 Rs. 8,348 Rs. 8,761 Rs. 9,025 Rs. 15,411 Rs. 19,317 Rs.21,373 Rs. 22,442 Rs. 27,026 Rs. 32,726 Rs. 37,438 Rs. 40,910
Slide 35: Standalone Financial Highlights
Standalone Financial Highlights Revenue & EBITDA (Margin %) EBITDA 15.7% 17.1% 17.8% 16.8% 15.1% 14.4% 16.9% 14.9% 19.9% 20.0% 21.7% 19.8% 20.7% 19.3% 17.1% 18.6% Margin (%) 40,910 37,438 32,726 33,587 27,026 21,373 22,442 19,317 EBITDA 15,411 7,125 7,930 7,505 6,921 8,348 8,761 9,026 6,777 7,217 7,
Slide 36: Shareholding Pattern as of 30th September 2025
Shareholding Pattern as of 30th September 2025 Shareholders Holding more than 1% of the Equity % to Equity (Other than Promoters) HDFC Mutual Fund 6.47% 22.17% SBI Mutual Fund 4.02% Franklin Templeton Mutal Fund 1.88% 48.81% ICICI Prudential Mutual Fund 1.72% HSBC Mutual Fund 1.44% 21.51% Axis Mutua
Slide 37: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : KNR Constructions Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L74210TG1995PLC130199 CIN: U74140MH2010PTC204285 Mr. K. Venkata Ram Rao Mr. Jigar Kavaiya (GM - Finance & Accounts) +91-9920602034 venkatram@knrcl.com jigar