Performance largely in line; focus on new order inflows

Company

31 May 2024 | 5 Min Read

KNR Constructions 4QFY24 results update with changes in estimates, target price, and rating.

Financials and valuations for Y/E Mar 2024, 2025E, and 2026E.

Performance overview for 4QFY24 and FY24, including revenue, EBITDA, and order book.

Management commentary on order book, new project wins, and diversification into non-road segments.

Adjusted PAT due to arbitration claims and company's focus on new segments and markets.

Valuation and view with a focus on order pipeline, diversification, and future growth.