KNR Constructions Limited

BSE:532942 Stock Report

Market Cap: ₹37.8b

KNR Constructions Management

Management criteria checks 3/4

KNR Constructions' CEO is Kamidi Reddy, appointed in Mar 1996, has a tenure of 30.42 years. total yearly compensation is ₹136.50M, comprised of 57.1% salary and 42.9% bonuses, including company stock and options. directly owns 30.4% of the company’s shares, worth ₹11.15B. The average tenure of the management team and the board of directors is 10.9 years and 9.8 years respectively.

Key information

Kamidi Reddy

Chief executive officer

₹136.5m

Total compensation

CEO salary percentage57.14%
CEO tenure30.4yrs
CEO ownership30.4%
Management average tenure10.9yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

Narrative Update • Jul 06

532942: New Infrastructure Awards And Coal Mining Contract Will Shape Balanced Outlook

The analyst price target for KNR Constructions has been revised from ₹166.75 to ₹143.36. Analysts attribute this change to updated assumptions, including a ₹143.36 fair value estimate, a 17.84% discount rate, 13.74% revenue growth, a 7.82% profit margin, and a 21.15x future P/E.
Narrative Update • Jun 22

532942: New Road And Mining Awards Will Drive Future Upside

Analysts have trimmed their fair value estimate for KNR Constructions from about ₹225.53 to ₹214.49, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E levels. What’s in the News for KNR Constructions KNR Constructions received a Letter of Acceptance from Malkajgiri Municipal Corporation, Hyderabad, on 9 June 2026 for construction of a 6 lane bi directional flyover across TKR College junction, Gayatri Nagar Junction and Mandamallamma Junction in Telangana, on an EPC/turnkey basis, valued at ₹2,350,701,000 excluding GST, with a construction period of 24 months (source: company filing).
Narrative Update • Jun 08

532942: Higher Discount Rate Will Weigh On Returns Despite New Project Awards

Analysts have reduced their fair value estimate for KNR Constructions from ₹120.00 to ₹110.00, attributing the change to updated assumptions on revenue growth, margins and future P/E. What's in the News KNR Constructions has scheduled a board meeting on May 29, 2026 at 14:30 IST to consider and approve audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026, and to consider a dividend recommendation for the 2025-2026 financial year.
Narrative Update • May 25

532942: Higher Discount Rate And Project Pipeline Will Shape Future Return Profile

Analysts have reduced their price target on KNR Constructions from ₹129.0 to ₹120.0, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E as key drivers of the change. What's in the News Board meeting scheduled for May 29, 2026 at 14:30 Indian Standard Time to review and approve audited standalone and consolidated financial statements for the quarter and year ended March 31, 2026, and to consider a dividend recommendation on equity shares for FY 2025-2026 (company filing).
Narrative Update • May 05

532942: New Road Awards And Corridor SPV Will Drive Future Upside

Analysts have kept the fair value estimate for KNR Constructions steady at ₹225.53, with minor adjustments to the discount rate, revenue growth assumptions, and future P/E expectations shaping this unchanged price target. What's in the News Received a Letter of Award from National Highways Authority of India on March 27, 2026, for construction of four laning of NH-167 from Gudebellur to Mahabubnagar in Telangana.
Narrative Update • Apr 21

532942: New Corridor Awards And SPV Will Support Future Upside Potential

The analyst price target for KNR Constructions has shifted slightly from ₹226.79 to ₹225.53 as analysts factor in updated assumptions on revenue growth, profit margins, and a higher future P/E multiple. What's in the News KNR Constructions received a Letter of Award from the National Highways Authority of India for construction of 4 laning of NH-167 from Gudebellur to Mahabubnagar, an 80.01 km stretch on Hybrid Annuity Mode in Telangana, with a project value of ₹17,340 million and a construction period of 730 days plus an operation period of 15 years from COD (company exchange filing).
Narrative Update • Apr 06

532942: New Highway Awards And Subsidiary Formation Will Support Undervalued Upside

Analysts have trimmed their price target on KNR Constructions to ₹166.75 from ₹177.59, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E that, in their view, change the risk reward balance at the current valuation. What's in the News KNR Constructions received a Letter of Award from the National Highways Authority of India for construction of 4 laning of NH 167 from Gudebellur to Mahabubnagar in Telangana under Hybrid Annuity Mode, with a project value of ₹17,340 million, a construction period of 730 days and an operation period of 15 years from COD (company announcement).
Narrative Update • Mar 23

532942: New Corridor Awards And SPV Setup Will Support Future Upside Potential

Analysts now see fair value for KNR Constructions at about ₹227 compared with the previous ₹277, reflecting updated views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News KNR Constructions received a Letter of Acceptance from Greater Hyderabad Municipal Corporation for constructing a 4 lane unidirectional flyover at Rasoolpura in Telangana on an EPC/turnkey basis, with a contract value of ₹504,725,400 million excluding GST and a 24 month construction period (Key Developments).
Narrative Update • Mar 09

532942: New Corridor Award And Board Review Will Support Undervalued Upside

Analysts have lowered their price target on KNR Constructions from ₹196.75 to ₹177.59, reflecting expectations of slower revenue growth and a more moderate future P/E ratio, partly offset by anticipated stronger profit margins and a slightly reduced discount rate. What's in the News KNR Constructions received a Letter of Acceptance for constructing a four lane elevated corridor along East Coast Road from Km. 11+480 (West Avenue Road) to Km. 24+780 (East Coast Road), Thiruvanmiyur to Uthandi in SH 49 on Hybrid Annuity Mode.
Narrative Update • Feb 23

532942: New Tamil Nadu Corridor Project Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for KNR Constructions from ₹317.22 to ₹277.14 as they now apply a higher discount rate, and they also reflect updated views on revenue growth, profit margins and future P/E assumptions. What's in the News KNR Constructions received a Letter of Acceptance for constructing a four lane elevated corridor along East Coast Road from Thiruvanmiyur to Uthandi in Tamil Nadu on a Hybrid Annuity Model, with a bid project cost of ₹21,631 million (Key Developments).
Narrative Update • Feb 09

532942: Rising P/E And Lower Margin Outlook Will Pressure Future Returns

Analysts have kept their fair value estimate for KNR Constructions broadly steady at ₹129.0 per share, with the latest updates reflecting a slightly higher discount rate, a change in revenue expectations from a 5.82% contraction to 0.90% growth, a revised profit margin view from 7.36% to 5.79%, and a higher assumed future P/E multiple increasing from 21.05x to 31.87x. What's in the News KNR Constructions has scheduled a board meeting on Feb 05, 2026 at 14:30 Indian Standard Time to review and approve unaudited standalone and consolidated financial results for the quarter and nine months ended 31 Dec 2025.
Narrative Update • Jan 26

532942: Upcoming Board Reviews Will Reinforce View Of Persistent Undervalued Upside

Analysts have maintained their fair value estimate for KNR Constructions at ₹196.75. Minor adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions explain the unchanged target, rather than any significant change in their overall view.
Narrative Update • Jan 10

532942: Upcoming Board Review Will Support View Of Persistent Undervalued Upside

Analysts have inched their fair value estimate for KNR Constructions slightly lower to ₹196.75 from ₹196.94, reflecting modest tweaks to assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News KNR Constructions has scheduled a Board Meeting for November 12, 2025, at 14:30 Indian Standard Time.
Narrative Update • Dec 26

532942: New Hyderabad Flyover Contract Will Drive Undervalued Upside Over Time

Analysts have nudged their price target on KNR Constructions modestly higher to reflect a slightly lower implied discount rate and marginally more favorable valuation multiples, resulting in a revised fair value estimate of ₹196.94 per share. What's in the News A board meeting is scheduled for November 12, 2025, at 14:30 IST to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, along with other permissible business (company filing).
Narrative Update • Dec 11

532942: New Telangana Flyover Projects Will Drive Upside Over The Next 24 Months

Analysts have modestly raised their price target on KNR Constructions to ₹196.94, citing slightly higher expected revenue growth and a richer future earnings multiple, partly offset by a marginally higher discount rate and softer projected profit margins. What's in the News KNR Constructions received a Letter of Acceptance from Greater Hyderabad Municipal Corporation for constructing dual 3 lane flyovers at Kukatpally "Y" junction on NH65 in Telangana, an EPC project valued at approximately INR 728 million with a 24 month execution timeline (client announcement).
Narrative Update • Nov 27

532942: Multiple New Contracts Will Drive Upside Over The Next 24 Months

Analysts have revised their price target for KNR Constructions downward from ₹217.18 to ₹196.94, citing updated projections for revenue growth, profit margins, and valuation metrics. What's in the News KNR Constructions will hold a Board Meeting on November 12, 2025, to consider and approve unaudited financial results for the quarter and half year ended September 30, 2025.
Narrative Update • Sep 05

Government Spending And NHAI Delays Will Shape Future Execution

With both the discount rate and future P/E ratio showing only marginal movement, KNR Constructions’ consensus analyst price target remains effectively unchanged at ₹217.18. What's in the News Board meeting scheduled to consider and approve unaudited standalone and consolidated Q1 FY26 financial statements.
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New Narrative • Jan 17

Government's Aggressive Highway Plan Will Increase Competition And Pressure Profits

Increased competition and cost pressures from government highway projects may hinder KNR's revenue growth and project profitability.

CEO Compensation Analysis

How has Kamidi Reddy's remuneration changed compared to KNR Constructions's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹4b

Mar 31 2026n/an/a

₹4b

Dec 31 2025n/an/a

₹5b

Sep 30 2025n/an/a

₹6b

Jun 30 2025n/an/a

₹10b

Mar 31 2025₹137m₹78m

₹10b

Dec 31 2024n/an/a

₹12b

Sep 30 2024n/an/a

₹11b

Jun 30 2024n/an/a

₹8b

Mar 31 2024₹125m₹78m

₹8b

Dec 31 2023n/an/a

₹6b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹5b

Mar 31 2023₹171m₹171m

₹5b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹4b

Jun 30 2022n/an/a

₹4b

Mar 31 2022₹78m₹78m

₹4b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹4b

Jun 30 2021n/an/a

₹5b

Mar 31 2021₹100m₹100m

₹4b

Dec 31 2020n/an/a

₹4b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹3b

Mar 31 2020₹79m₹79m

₹3b

Compensation vs Market: Kamidi's total compensation ($USD1.43M) is above average for companies of similar size in the Indian market ($USD277.01K).

Compensation vs Earnings: Kamidi's compensation has been consistent with company performance over the past year.

CEO

Kamidi Reddy (78 yo)

30.4yrs
Tenure
₹136,500,000
Compensation

Mr. Kamidi Narasimha Reddy is the Founder of KNR Constructions Limited and has been its Managing Director since March 4, 1996. Mr. Reddy has experience in the roads and infrastructure sector and has been d...

Leadership Team

NamePositionTenureCompensationOwnership
Kamidi Reddy
Founder30.4yrs₹136.50m30.4%
₹ 11.5b
Kamidi Reddy
CFO & Whole-time Executive Directorno data₹97.74m13.25%
₹ 5.0b
Haritha Varanasi
Company Secretary & Compliance Officer5.4yrs₹1.48mno data
T. Verma
Senior Vice President of Projects & Technicalno data₹16.09mno data
K. Shankar Reddy
Senior Vice President of Engineeringno data₹9.97mno data
T. Rao
Senior Vice President of Technicalno data₹6.70mno data
Deepak Kumar
Chief Project Managerno data₹3.54mno data
E. Srinivasa Rao
Vice President of Technicalno data₹5.18mno data
K. Venkata Rao
General Manager of Finance & Accounts10.9yrsno datano data
Junuthula Anudeep
Project Coordinator – Technicalno datano datano data
10.9yrs
Average Tenure
59yo
Average Age

Experienced Management: 532942's management team is seasoned and experienced (10.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kamidi Reddy
Founder31.1yrs₹136.50m30.4%
₹ 11.5b
Kamidi Reddy
CFO & Whole-time Executive Director31.1yrs₹97.74m13.25%
₹ 5.0b
Kamidi Yashoda
Non-Executive Director12.3yrs₹500.00k2.85%
₹ 1.1b
Gottipulla Rekha
Independent Non-Executive Director7.3yrs₹900.00kno data
Kalakota Udaya Reddy
Non-Executive Independent Director2.5yrs₹1.05mno data
Wdaru Reddy
Independent Chairman2.5yrs₹1.05mno data
9.8yrs
Average Tenure
64.5yo
Average Age

Experienced Board: 532942's board of directors are considered experienced (9.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/18 15:48
End of Day Share Price 2026/08/18 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KNR Constructions Limited is covered by 30 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kunal Sheth360 ONE Capital Market Private Limited
Ashwin MehtaAmbit Capital
Sudeep BoraAmbit Capital