KNR Constructions Ltd (KNRCON) — FY26 Annual Report | 3 September 2026

KNR Constructions Ltd's FY2025-26 annual report highlights a diversified infrastructure portfolio with a ₹86,725 Mn order book across 12 states, spanning roads, irrigation, mining, and urban projects. Key growth drivers include 41% mining exposure, new HAM projects in Telangana and Tamil Nadu, and asset monetisation via four HAM SPV divestments to Indus Infra Trust. Financials show standalone revenue of ₹20,967 Mn, EBITDA of ₹1,782 Mn (8.5% margin), and net profit of ₹1,161 Mn. The company maintains a debt-free balance sheet (net debt-to-equity 0.49x), reduced net working capital to 78 days, and strong credit ratings (AA long-term, A1+ short-term). Strategic focus remains on margin recovery through disciplined bidding, operational efficiency, and ESG initiatives including ₹100 Cr CSR spending. Governance is robust with independent directors, regular board meetings, and SEBI compliance. No material fraud or regulatory penalties were reported.