KNR Constructions Limited.

Date: 11th November 2024 Ref: KNRCL/SD/2024/812&813

To, To,
The Manager The Manager,
BSE Limited, National Stock Exchange of India Limited,
P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex,
Fort, Mumbai – 400001 Bandra (E), Mumbai – 400051.
Scrip code: 532942 Scrip Code: KNRCON

Dear Sir/Madam,

Sub: Investor Presentation

Ref: Regulation 30 of SEBI (LODR) Regulations, 2015

We refer to the above captioned subject, we herewith submit latest investor presentation for
the period ended 30th September 2024.

This is for the information of the Exchange, please.

Thanking you,
Yours truly
For KNR Constructions Limited

HARITHA Digitally signed by

HARITHA VARANASI

VARANASI Date: 2024.11.12

20:06:23 +05'30'

Haritha Varanasi
Company Secretary

Regd.Office : 'KNR House',3rd & 4th Floor, Plot No.114,Phase-l,Kavuri Hills,

Hyderabad -500 033 Phone.:+91-40-40268759 ,40268761/ 62, Fax : 040- 40268760 ,
E-mail : info@knrcl.com, Web : www.knrcl.com
CIN: L74210TG1995PLC130199
GUIDED BY

VISION
DRIVEN BY

EXCELLENCE
INVESTORS PRESENTATION
November 2024
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 securities, and shall not form the basis or be relied on in connection with any contract or
binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering
document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but
the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth,
accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive
and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any
omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business
prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees
of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict.
These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of
various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to
successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes
and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks,
as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and
adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-
looking information contained in this Presentation. Any forward-looking statements and projections made by third parties
included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements
and projections.

2
Key Highlights &
Result Update

3
Key Highlights
❑ Credit Rating Outlook
✓ India Ratings & Research has affirmed its outlook on the long-term bank facilities at IND AA/Stable
✓ The short-term rating is affirmed at ‘IND A1+’
❑ Arbitration claim received from Orrisa Project
✓ Amount included in Revenue from Operations: Rs. 277.6 mn
✓ Amount included in Other income: Rs. 430.7 mn
✓ Amount included in Other expenses Rs. 9.4 mn
✓ Amount included in Current Tax: Rs. 175.9 mn
❑ Buyback of 32,71,161 shares by Patel KNR Infrastructures Ltd. for consideration of Rs. 89.2 mn from Company
✓ Amount included in Exceptional items: Rs. 56.5 million
❑ Settlement Agreement signed between NHAI and KNR Muzaffarpur Barauni Tollway Private Limited (SPV)
✓ Pursuant to the Settlement Agreement dated September 03, 2024 signed between National Highways Authority of India (NHAI)
and the SPV, the Company received Rs. 3,176.9 mn from SPV which includes interest on Unsecured Loans of Rs. 1,419.4 mn
included in Other Income
✓ Additionally, as per the terms of Settlement Agreement
▪ The SPV has repaid its entire outstanding debts to its lenders
▪ The project will be foreclosed
▪ The toll collections of Muzaffarpur Barauni toll project will be taken over by NHAI w.e.f 01st November 2024

4
Key Highlights
❑ Divestment of KNR Muzaffarpur Barauni Tollway Private Limited
✓ KNR Constructions Ltd. (Company) signed Share Purchase Agreement (SPA) with JKM Infra Projects Limited and/or Mr. Gaurav
Jalan (Promotor and Director of JKM Infra Projects Limited) (Investor) for Rs. 4.59 mn on 29th October 2024
✓ Company will transfer its entire stake i.e. 0.65% in KNR Muzaffarpur Barauni Tollway Private Limited (SPV)
✓ Further, KNRC Holdings and Investments Pvt Limited (KHIPL), the wholly owned subsidiary of the Company will transfer its
entire stake i.e. 100% in KNR Muzaffarpur Holdings Private Limited (KMHPL) to Investor
▪ KHIPL holds 100% of equity capital in KMHPL
▪ Company and KMHPL, a 100% step-down subsidiary of the Company holds 0.65% and 50.35% of equity capital respectively in SPV

5
 Standalone Financial Highlights
Rs. Million
Revenue EBITDA EBITDA Margins PAT

-1% - 99 bps +235%

-6%
9,415 8,838 1,663 1,648 17.7% 18.6% 3,344
Quarter 1

999

Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25

Revenue EBITDA EBITDA Margins PAT

+5% +208 bps +123%

-6%
18,711 17,640 3,395 3,569 20.2% 4,683
18.1%
1st Half

2,101

H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25

6
Standalone Financial Results
Standalone
Rs. Million
Q2 FY25 Q2 FY24 YoY Q1 FY25 QoQ H1 FY25 H1 FY24 YoY
Total Revenue 8,838.0 9,414.7 -6% 8,801.8 0% 17,639.8 18,710.6 -6%
Operating Expenses 5,942.8 6,307.7 5,613.0 11,555.7 12,861.5
Employees Expenses 525.6 416.4 419.2 944.8 809.1
Other Expenditure 721.6 1,028.0 849.1 1,570.7 1,644.8
EBITDA 1,648.0 1,662.6 -1% 1,920.5 -14% 3,568.6 3,395.2 5%
EBITDA margin 18.6% 17.7% 99 bps 21.8% -317 bps 20.2% 18.1% 208 bps
Other Income * 2,970.0 50.2 196.0 3,165.9 120.9
Depreciation 226.1 310.6 225.2 451.3 594.1
Interest 20.4 57.9 40.6 61.0 108.1
Exceptional Item ** -150.1 0.0 -150.1 0.0
PBT 4,221.4 1,344.3 214% 1,850.7 128% 6,072.1 2,813.9 116%
Tax 877.4 345.6 511.7 1,389.1 712.7
Current Tax 798.0 373.2 515.3 1,313.3 737.6
Prior Period Tax 0.0 0.0 0.0 0.0 0.0
Deferred Tax 79.4 -27.6 -3.6 75.8 -24.9
Profit After Tax 3,344.0 998.7 235% 1,339.0 150% 4,683.0 2,101.2 123%
PAT margin 37.8% 10.6% 2,723 bps 15.2% 2,262 bps 26.5% 11.2% 1,530 bps
Other Comprehensive Income 1.1 1.6 1.9 3.0 2.9
Total Comprehensive Income 3,345.1 1,000.3 234% 1,340.9 149% 4,686.0 2,104.1 123%

* Other Income includes amount of Rs 1,419.5 mn received towards interest on unsecured loan, reversal of provision towards Impairment of equity of Rs. 545.0 mn, Doubtful advances of Rs. 328.0
mn, Doubtful trade receivables of Rs. 101.4 mn,
** Includes Provision of Rs. 206.6 mn towards receivables from CUBE Highways and Infrastructure III Pte. Ltd and profit on buyback of shares by Patel KNR Infrastructures Ltd from Company
amounting to Rs. 56.5 mn 7
Standalone Balance Sheet
ASSETS (Rs. Million) Sep-24 Mar-24 EQUITY & LIABILITIES (Rs. Million) Sep-24 Mar-24
Non-Current Assets
Equity
Property, plant and equipment 3,362.9 3,659.7
Capital work-in-progress 11.8 21.8 Equity Share capital 562.5 562.5
Right of Use Asset 27.9 45.5 Other equity 36,309.7 31,694.1
Investment property 658.9 663.5 Total equity 36,872.2 32,256.6
Other Intangible assets 0.5 0.4
Financial Assets Liabilities
Investments 3,469.3 3,502.1 Non-current liabilities
Other Investments 3,447.7 3,117.7 Financial liabilities
Trade Receivable 339.7 417.2
Borrowings 0.0 0.0
Loans 35.7 34.7
Other financial assets 7.3 7.5 Lease Liability 29.9 42.2
Deferred tax assets (Net) 1,290.6 1,367.5 Provisions 80.9 66.3
Non current tax assets (Net) 278.2 242.6
Other non-current liabilities 107.2 107.1
Other non-current assets 1,403.2 713.1
Total Non-current assets 14,333.7 13,793.3 Total non-current liabilities 218.0 215.6
Current assets Current liabilities
Inventories 1,926.1 2,207.2
Financial liabilities
Financial assets
Other Investments 400.3 Borrowings 29.5 0.0
Trade receivables 10,702.3 13,642.2 Trade Payables 3,131.7 2,738.9
Cash and cash equivalents 1,977.0 2,165.3 Other financial liabilities 3,064.8 5,136.4
Bank Balances 274.7 180.8
Loans Provisions 54.8 80.0
18.4 18.4
Other financials assets 12,712.0 8,845.9 Current Tax Liability (net) 473.0 61.4
Current tax assets (Net) 0.0 0.0 Other current liabilities 629.2 1,888.5
Other current assets 2,128.7 1,524.3
Total current liabilities 7,382.9 9,905.2
Total Current assets 30,139.5 28,584.1
TOTAL ASSETS 44,473.2 42,377.4 TOTAL EQUITY AND LIABILITIES 44,473.2 42,377.4
8
Standalone Net Working Capital Days

89
82
79
67 71
69
63
52 48 53 60
53 55 57
52 52 53
40
43 41 36 45

28
26 23 25 23
18 20 19 20 20 20 20 20
16 16 15 15 15 17 16
13 14 14
7 98 10 66 45 64 51 74 53 39 12 45 40 78 117 95 96 122 111

Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Sep-24

Inventory Debtors Creditors Net Working Capital

9
Consolidated Financial Results
Consolidated
Rs. Million
Q2 FY25 Q2 FY24 YoY Q1 FY25 QoQ H1 FY25 H1 FY24 YoY
Total Revenue * 19,448.6 10,384.5 87% 9,850.0 97% 29,298.6 20,194.7 45%
Operating Expenses * 9,074.1 6,585.2 5,627.3 14,701.4 13,159.4
Employees Expenses 524.4 418.0 420.8 945.2 812.1
Other Expenditure 1,153.2 1,065.4 1,015.8 2,169.0 1,749.9
EBITDA 8,696.9 2,315.9 276% 2,786.1 212% 11,483.0 4,473.3 157%
EBITDA margin 44.7% 22.3% 2,246 bps 28.3% 1,642 bps 39.2% 22.2% 1,708 bps
Other Income 1,472.0 53.4 209.0 1,681.0 129.2
Depreciation * 2,379.3 392.1 300.7 2,680.0 756.1
Interest * 887.4 206.1 371.3 1,258.8 409.4
Share of Profit / loss of associates -50.4 2.0 -116.8 -167.1 55.7
Exceptional Item ** -150.1 0.0 0.0 -150.1 0.0
PBT 6,701.7 1,773.1 278% 2,206.3 204% 8,908.0 3,492.7 155%
Tax 901.4 345.6 546.4 1,447.8 732.6
Current Tax 822.0 373.2 550.0 1,372.0 757.5
Prior Period Tax 0.0 0.0 0.0 0.0 0.0
Deferred Tax 79.4 -27.6 -3.6 75.8 -24.9
Profit After Tax 5,800.3 1,427.5 306% 1,659.9 249% 7,460.2 2,760.1 170%
PAT margin 29.8% 13.7% 1,608 bps 16.9% 1,297 bps 25.5% 13.7% 1,180 bps
Other Comprehensive Income 1.1 1.6 1.9 3.0 2.9
Total Comprehensive Income 5,801.4 1,429.1 306% 1,661.8 249% 7,463.2 2,763.0 170%
* Pursuant to the settlement Agreement, the SPV was entitled to receive settlement amount of Rs. 96,13.8 mn which is included Revenue from operations and an amount of Rs. 34,24.6 mn
accounted towards EPC claims which is included in Construction Cost and interest amount of Rs. 4,96.8.mn included in Finance cost and an amount of Rs. 22,18.3 mn of intangible asset has been
amortized and included in depreciation and amortization expenses
** Includes Provision of Rs. 206.6 mn towards receivables from CUBE Highways and Infrastructure III Pte. Ltd and profit on buyback of shares by Patel KNR Infrastructures Ltd from Company
amounting to Rs. 56.5 mn 10
Consolidated Balance Sheet
ASSETS (Rs. Million) Sep-24 Mar-24 EQUITY & LIABILITIES (Rs. Million) Sep-24 Mar-24
Non-Current Assets Equity
Property, plant and equipment 3,723.2 4,030.2 Equity Share capital 562.5 562.5
Capital work-in-progress 11.8 21.8 Instruments entirely equity in nature 85.0 85.0
Right of Use Asset 27.9 45.5 40,967.2 34,894.0
Other equity
Investment property 1,401.2 1,375.2
Non-Controlling Interests 585.2 -564.7
Other Intangible assets 0.5 2,612.7
Total equity 42,199.9 34,976.8
Financial Assets
Liabilities
Investments 555.6 755.4
Other financial assets Non-current liabilities
339.7 417.2
Trade Receiveables 22,970.3 18,591.4 Financial liabilities
Deferred tax assets (Net) 1,290.7 1,367.5 Borrowings 13,557.3 11,617.9
Non current tax assets (Net) 591.5 474.2 Lease Liability 29.9 42.2
Other non-current assets 4,463.2 3,459.1 Other financial liabilities 2.2 59.9
Total Non-current assets 35,375.6 33,150.2 Provisions 352.7 216.8
Current assets Other non-current liabilities 107.2 107.2
Inventories 1,927.6 2,208.7 Total non-current liabilities 14,049.3 12,044.0
Financial assets Current liabilities
Other Investments 1,126.5 396.4
Financial liabilities
Trade receivables 6,398.7 6,739.9
Borrowings 448.4 964.3
Cash and cash equivalents 3,474.1 3,563.8
Trade Payables 3,133.6 2,811.9
Bank Balances 651.8 545.1
Other financial liabilities 3,022.7 5,121.2
Loans 18.4 18.5
Other financials assets 16,068.0 9,294.1 Provisions 3,479.6 605.3
Current tax assets (Net) 343.7 214.0 Current Tax Liability (net) 516.3 65.0
Other current assets 2,570.4 1,907.1 Other current liabilities 1,105.0 1,449.3
Total Current assets 32,579.2 24,887.6 Total current liabilities 11,705.6 11,017.0
TOTAL ASSETS 67,954.8 58,037.8 TOTAL EQUITY AND LIABILITIES 67,954.8 58,037.8
11
Cash Flow Statement
Standalone Consolidated
Particulars (Rs. Million)
Half Year Ended Half Year Ended Half Year Ended Half Year Ended
30-Sep-24 30-Sep-23 30-Sep-24 30-Sep-23
Net Profit Before Tax 6,072.0 2,813.9 8,907.9 3,492.6

Adjustments for: Non-Cash Items / Other Investment or Financial Items -2,245.2 767.7 1,168.8 335.4

Operating profit before working capital changes 3,826.8 3,581.6 10,076.7 3,828.0

Changes in working capital -4,564.5 -2,996.5 -9,292.3 -4,504.7

Cash generated from Operations -737.7 585.1 784.4 -676.7

Share of profit / loss of Associate or JV 0.0 0.0 167.1 -55.7

Direct taxes paid (net of refund) -937.5 -821.8 -1,167.6 -930.0

Net Cash from Operating Activities -1,675.1 -236.7 -216.1 -1,662.4

Net Cash from Investing Activities 1,507.0 -2,155.4 -433.3 -664.3

Net Cash from Financing Activities -20.1 679.3 559.7 815.1

Net Decrease in Cash and Cash equivalents -188.3 -1,712.8 -89.7 -1,511.6

Add: Cash & Cash equivalents at the beginning of the period 2,165.3 1,855.8 3,563.8 1,909.8

Cash & Cash equivalents at the end of the period 1,977.0 143.0 3,474.1 398.2

12
Key Highlights & Result Update

Business Update

13
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 of project execution
To develop KNRCL as a Centre of
• Successfully executed more than ~8,700 lane km Road Projects
excellence in the field of Infrastructure
• Projects executed across 12 states in India services by striving continuously to
❑ Portfolio of BOT/HAM Projects provide eco-friendly solution adopting
state-of-the-art practices and
• 668 lane Kms Projects in the state of Telangana, Karnataka & Bihar
commitment to quality through motivated
• 2 Annuity based Projects, 1 Toll based project and 8 HAM based projects human resource
• 8 HAM based projects with total Bid Project cost of Rs. 96,188 million

❑ Strong EPC Order Book

₹ 23,092 Mn Mission
Roads Sector We would aim to add more
₹ 44,060 Mn business verticals to the
organisation in the fields of
As on 30th
₹ 20,968 Mn construction of Elevated Metro
September 2024
Irrigation and Pipeline Sector Rail and Railway Projects.

14
 Transformation

Bagged 1st BOT Project in Bagged an EPC Project worth Rs.

Incorporated & Karnataka worth Rs. 4,420 mn; Bagged 2nd BOT project
IPO & Listed on BSE 9,371 mn for Madurai –
1995 Commenced EPC 2006 Entry into Urban water 2007 worth Rs.5,920mn in 2008 and NSE
2013 Ramanathapuram Section of
Business Infrastructure with contract in Telangana
NH-49 in Tamil Nadu under
Bangalore NHDP Phase-III

Early completion of Biggest Road Received the biggest work of Crossed Crossed Networth
Bagged 3rd BOT Toll Project – Bijapur Hungund order value Rs. 8,250 mn from Revenue of Rs. of Rs. 10,000 mn
project worth Rs. 9,005 2013 Section of Rs. 8,250 mn - 11 2012 Sadbhav Engineering Ltd for 2010 10,000 mn on 2016 on Standalone 2017
mn in Kerala months ahead of schedule construction of Bijapur Hungund Standalone Basis
Road project Basis

Crossed Networth of Rs.

Signed SPA with Transferred 100% stake Tranferred balance
Received 5 20,000 mn on Standalone Crossed
Cube Highways of KNR Walayar 51%/100% stake in 3
HAM Project Basis Networth of
for 3 SPVs (HAM Tollways Private SPVs (KNR Tirumala,
worth of Rs. Rs. 30,000
2018 2019 project) 2020 Limited ("SPV") to Cube 2021 Transferred 49% stake in 2 KNR Shankarampet &
SPV (KNR Tirumala Infra Pvt 2022 2024
56,112 mn on
Highways and KNR Sriranagam) to
Million (BPC) Standalone
Crossed Revenue Infrastructure III Pte. Ltd and KNR Shankarampet Cube Highways and
of Rs. 20,000 mn Ltd. for an Enterprise Projects Pvt Ltd) to Cube Infrastructure III Pte. Basis)
on Standalone Value of Rs. 5,117.8 Highways and Infrastructure Ltd. for value of Rs.
Basis million III Pte. Ltd. for value of Rs. 2,794.3 million
2,453.2 million
15
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 infrastructure sector
undertaking civil and mechanical contracts ▪ Started his career with the organisation as a project
▪ Extensive knowledge and experience in multi project Manager and was elevated to Executive Director on
planning Scheduling, cost controls in addition to April 1, 1997
overall construction and multi project management & ▪ Heads the tendering and bidding activities and
driving force in taking the company towards greater oversees most of the projects
heights

16
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 Highways, including construction of
Concrete Roads

Mr. K Venkata Ram Rao ▪ An Associate Member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India
(General Manager - Finance & with over 20 years of experience in the areas of finance, accountancy and taxation
Accounts) ▪ Has the overall responsibility for the finalization of corporate accounts, taxation, finance and related jobs

Ms. V. Harita ▪ A Member of the Institute of Company Secretaries of India

(Company Secretary) ▪ Overall responsibility towards compliance of Rules & Regulations laid down by various authorities

17
Key Business Strength

18
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 ahead of schedule

1,440 Scheduled Completion (Days) Actual Completion (Days)

1,324
1,219
1,120
1,000 1,000
910 910 880 911 887 887 883
858
730 698
582 609
450
343 365 364 365 364 365 364

Bijapu- Hyderabad- Karimnagar- Hyderabad- Siricilla- Narsapur- Walayar- Penchalakona- Chittor- Trichy- Ramsanpalle- Oddanchatram- Cheyyur-
Hungund Ramagundam Kamareddy Chanda Siddipet Aswaraopet Vadakkancherry Yerpedu Mallavaram Kallagam Mangloor Madathukulam Vandavasi-
Polur Road

SIGNIFICANT EXPERIENCE AND STRONG TRACK RECORD IN TIMELY EXECUTION OF PROJECTS

19
Pan India Project Execution Capability*

Sr. No. State No. of Projects Project Value (Rs. Mn)

1 Tamil Nadu 12 44,998
2 AP & Telangana 30 43,534 Arunachal
Haryana Pradesh
3 Karnataka 15 33,176
Assam
4 Kerala 2 17,068 Uttar
Pradesh
5 Madhya Pradesh 4 6,619
Gujarat
6 Uttar Pradesh 10 4,549 Madhya
Pradesh
7 Assam 2 4,038
Arunachal Orissa
8 1 3,468
Pradesh
9 Gujarat 1 2,550
10 Orissa 1 1,866 Andhra Pradesh
&
11 Haryana 1 118 Karnataka
Telangana
Total 79 1,61,984
Kerala Tamil Nadu

*Projects executed in last 25 years

Disclaimer: Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness
20
 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 roads
❑ Scope of the Project:
• 92 spans with 264 piles having a length of 2,617 Rm in 32 foundation locations and 62 number of open foundations
• 39,802 cum of various grades of concrete, 6,524 MT of steel, 368 number of POT/PTFE bearings, 1,311 Rm of expansion Joints, 2,691 sqm of Reinforced Earth Wall in the approaches

Two-Tier Flyover in Salem City

❑ Total cumulative length of flyover is 7.87 km
• Length of 1st level flyover is 3.891 km
• Length of 2nd level flyover is 3.980 km
❑ Scope of the Project:
• 206 spans with 133 piles having 1,347 running meters at 18 foundation locations and 155 number of Open Foundations
• Major quantities executed are 89,324 Cum of Concrete, 12,341 MT of HYSD Steel, 821 numbers of POT/PTFE Bearings, 2,100 running meters of Expansion Joints, 8,493 Sqm of
Reinforced Earth Wall in the approaches
• Prestressed Precast Segmental Construction was adopted for super structure

Konda Pochamma Sagar Reservoir

❑ Completed Konda Pochamma Sagar Reservoir of 50 TMC capacity
• About 12 Million Cum of earthwork was completed in record time of 500 days in the State of Telangana
• Almost completed two major reservoirs in the State of Telangana
• Execution is going on for 4 X 90 MW Pump House project in the State of Telangana now

21
2. In-house Construction Equipment
Sr. No. Machinery Quantity Sr. No. Machinery Quantity
1 Tippers & Tankers 1,273 15 Tractors 47
2 Excavators 402 16 Transformers 35
3 Generators 299 17 Crushers 32
4 Concrete Mixers And Pumps 203 18 Trailers 35
Compactors 137 19 Dozers 24
5
20 Light Soures 25
6 Drillers & Breakers 105
21 Wet Mix Plants 17
7 Loaders 101
22 Hot Mix Plants 14
8 Cranes 100
23 Deisel Bunks 12
9 Graders 71 24 Kerb Laying Machine 10
10 Compressors 65 25 Sprayers 10 240 TPH D & G Hot Mix Plant
11 Batching Plants 54 26 Sweeping Machines 8
12 Pavers 53 27 Drum Mix Plants 7
13 Rollers 49 28 Piling Machines 6
14 Weigh Bridges 53 29 Sub Stations 3

Gross Block of Plant &

Machinery*
₹ 14,482 Million

250 TPH Nawa Crushing Plant

WORLD CLASS CONSTRUCTION EQUIPMENTS USE OF RIGHT TOOLS FOR RIGHT WORK
* as on Sept 30th 2024
22
3. In-house Execution Team

6%

Total Employees* Project Engineering

26%
2,456
Site Supervision
33%
Site Engineers

9%
Equipment Operators

Admin & Office Staff

26%

IN-HOUSE TEAM OF QUALIFIED AND EXPERIENCED EMPLOYEES LED BY PROVEN MANAGEMENT TEAM

* as on Sept 30th 2024

23
4. Host of Marque Clients

National Andhra Pradesh Ministry of Road Hyderabad Growth Karnataka State Karnataka Road
Highways Road Development Transport & Corridor Limited Highway Development
Authority of Corporation (APRDC) Highways (MoRTH) (HGCL) Improvement Corporation
India (NHAI) Project (KSHIP) (KRDCL)

Madhya Pradesh Road Bruhat Uttar Pradesh A.P. Irrigation GMR Projects
Development Bangalore State Highways (Government of Private Limited
Corporation Limited Mahanagara Telangana Irrigation Andhra Pradesh)
Authority (Government of
(MPRDCL) Palike (BBMP) (UPSHA) Telangana)

Engineers India Public Works

NMDC Limited Sadbhav Highways Department Oriental Structural
Limited (Government Department
Engineering Limited (Government of Tamil Engineers Pvt. Ltd.
of India Undertaking) (Government of
Nadu)
Arunachal Pradesh)
24
BOT Portfolio
Disclaimer

BOT Portfolio

25
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 Start Date 26th March 2007 2nd March 2008

Terms

Concession Period 20 Years 20 Years

COD 21st December 2009 11th June 2010

Project Cost (Rs. mn) 4,420.0 5,920.0

Equity (30.09.2024) (Rs. mn) 370.0 648.7

Financials

Debt (30.09.2024) (Rs. mn) 1,074.2 1,480.5

Securitized Yes* Yes**

Semi-Annutiy - 36 Instalments (Rs. mn) 329.4 443.7

* PKIL securitized its project loan through issuance of non-convertible debentures to LIC of India & raised Rs. 4,090 mn in April 2010. The said proceeds were used to retire the existing high cost project loan
and unsecured loans of promoters and to meet the issue expenses.
**PKHIL securitized its project loan through issuance of non-convertible debentures to L&T Infrastructures Finance Company Limited and raised Rs 4000 mn in Sept. 2013. The said proceeds were used to
retire the existing high cost project loans (Other than the ECB of USD 25 Millions availed from the Standard Chartered Bank , London) and unsecured loans of promoters and to meet the issue expenses.
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 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 Infra KNR Ramagiri Infra KNR Sriranganatha KNR Kaveri Infra
SPV Name Infra Ramatheertham
Pvt. Ltd. Infra Pvt. Ltd. Pvt. Ltd. Pvt. Ltd. Infra Pvt. Ltd. Pvt. Ltd.
Pvt. Ltd. Infra Pvt. Ltd.
Stake 100% 100% 100% 100% 100% 100% 100% 100%
Project Detail

Project Type Hybrid Annuity Hybrid Annuity Hybrid Annuity Hybrid Annuity Hybrid Annuity Hybrid Annuity Hybrid Annuity Hybrid Annuity
State Karnataka Tamil Nadu Kerala Kerala Andhra Pradesh Karnataka Karnataka Andhra Pradesh
Client KSHIP NHAI NHAI NHAI NHAI NHAI NHAI NHAI
No of Lanes Two Four Six Six Six Four Four Six
Length(KM) 166.0 45.4 39.7 37.4 34.7 83.4 26.6 29.1
Concession Period 9 Years 17 Years 17.5 Years 17.5 Years 17 Years 17 Years 17 Years 17 Years
Bid Project Cost (Rs. mn) 11,445.0 9,200.0 23,675.0 21,400.0 10,415.0 6,903.0 6,500.0 6,650.0
Total Project Cost (Rs. mn) 11,276.0 7,920.0 21,500.0 19,594.0 9,309.1 7,981.2 7,387.3 7,716.8
Financials

Grant (Rs. mn)^ 7,485.0 3,945.4 10,250.0 9,242.5 4,501.7 3,506.3 3,301.6 3,372.2
Estimated Equity (Rs. mn) 1,221.0 804.6 2,250.0 2,091.5 961.5 895.0 817.2 874.6
Estimated Debt (Rs. mn) 2,570.0 3,170.0 9,000.0 8,260.0 3,845.9 3,579.9 3,268.5 3,470.0
th th st
Status* AD: 5 Oct. 2020 AD: 5 Oct. 2020 AD: 21st Jan. 2022 AD: 21 Jan. 2022 AD: 25 Jan. 2023 FC: 27 Sept. 2023 FC: 21 Sept. 2023 AD: 10th Feb. 2024
th th st

PCOD / COD 27th June 2023 2nd Sept. 2022 - - - - - -

% Physical Progress 87.2% 100.0% 81.5% 84.1% 76.5% 0.0% 0.0% 12.0%
Progress

Equity Invested (Rs. mn) 1,124.1 644.0 1,516.1 1,479.0 793.7 1.0 1.0 1.0
Grant Received (Rs. mn) 6,949.7 4,386.6 8,688.0 9,002.1 3,878.6 0.0 0.0 656.0
Debt Already Drawn (Rs. mn) 1,200.0 2,450.0 4,500.0 4,500.0 1,500.0 0.0 0.0 0.0

* - AD: Appointed Date; FC: Financial Closure

^Grant includes estimated Price Index Multiple of Rs. 4,222.5 mn 27
Order
BOTBook & Business
Portfolio Strategy
– Toll Project

Order Book &

Business Strategy

28
Order-book Highlights

Key Projects Rs. Mn Order Book Break-up

Marripudi to Somvarappadu Project (HAM) 5,105

Bangalore-Mangalore Project (Periya Shanthi to Bntwal) 54%

(EPC) 4,255
33% 67%
Ramanattukara to Valanchery bypass project (HAM) 3,340
11%

2,581 2%
Valanchery Bypass to Kappirikkad Project (HAM)

Elevated Highway along Avinashi Road in Coimbatore City Captive (HAM Projects) State Govt. Central Govt. Others
2,371
(EPC)

Top 5 Road Projects 17,652 Segment Wise Split Region Wise Split

Other Road Projects 5,440

Irrigation Pipeline
23% 25%
South
Irrigation Projects 9,919 100%
Roads
(Others) Roads (HAM)
Pipeline Projects 11,049 19% 33%

Total Orderbook as on 30th September 2024 44,060

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 Order-book: State-wise

Karnataka
No of Projects 4

Balance Value Rs. 6,058 mn

AP & Telangana
No of Projects 14

Kerala Balance Value Rs. 29,402 mn

No of Projects 2

Balance Value Rs. 5,921 mn

Tamil Nadu
No of Projects 4

Balance Value Rs. 2,679 mn

Disclaimer: Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness 30
Recently Won Projects
Rs. million
Rs. Million 12,000 56,060
New Projects (HAM)
(Excluding GST)

Construction of Access Controlled four laning with paved shoulder from

Mysore to Kushalnagara Section of NH-275 on Hybrid Annuity Mode 5,750*
under NH(O) in the State of Karnataka (Package IV)
44,060

Construction of Access Controlled four laning with paved shoulder from

Mysore to Kushalnagara Section of NH-275 under NH(O) in the State of 6,250*
Karnataka (Package V)

Total 12,000

Orderbook as Not included in Total Value

on September Orderbook yet
* Yet to receive Appointed Date 30th 2024

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Orderbook Breakup - Rs. 56,060 Mn

Order Book Break-up

43%
47% 53%

8%

2%

Captive (HAM Projects) State Govt. Central Govt. Others

Segment Wise Split Region Wise Split

Irrigation
18% Pipeline
Roads 20%
(Others)
15% South
100%
Roads (HAM)
47%

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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 projects on
huge Infrastructure
time or ahead of schedule
development in Country
01 05

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Financial
BOT Portfolio – Toll Project
Highlights

Financial Highlights

34
 Standalone Financial Highlights
Financial
2010* 2011* 2012* 2013* 2014* 2015* 2016^ 2017^ 2018^ 2019^ 2020^ 2021^ 2022^ 2023^ 2024^
Year
Rs. Rs. Rs. Rs. Rs. Rs. Rs.
Rs. 7,125 Rs. 7,930 Rs. 7,505 Rs. 6,921 Rs. 8,348 Rs. 8,761 Rs. 9,025 Rs.21,373
Turnover 15,411 19,317 22,442 27,026 32,726 37,438 40,910
$118.6 $132.0 $125.0 $115.2 $139.0 $140.0 $136.1 $238.3 $296.9 $306.8 $297.7 $369.2 $431.7 $ 455.4 $ 493.3
Rs. 1,121 Rs. 1,356 Rs. 1,338 Rs. 1,164 Rs. 1,258 Rs. 1,261 Rs. 1,529 Rs. 2,296 Rs. 3,839 Rs. 4,270 Rs. 4,871 Rs. 5,358 Rs. 6,777 Rs. 7,217 7,010
EBITDA
$18.7 $22.6 $22.3 $19.4 $20.9 $20.1 $23.1 $35.5 $59.3 $61.3 $64.6 $73.2 $89.4 $ 87.8 $ 84.5
Profit Rs. 826 Rs. 897 Rs. 784 Rs. 670 Rs. 669 Rs. 723 Rs. 1,291 Rs. 1,632 Rs. 2,682 Rs. 2,906 Rs. 2,937 Rs. 3,811 Rs. 5,788 Rs. 7,051 6,893
before
Tax (PBT) $13.8 $14.9 $13.1 $11.2 $11.1 $11.6 $19.5 $25.2 $41.2 $41.7 $39.0 $52.1 $76.4 $ 85.8 $ 83.1
Profit Rs. 503 Rs. 568 Rs. 528 Rs. 521 Rs. 610 Rs. 730 Rs. 1,611 Rs. 1,573 Rs. 2,721 Rs. 2,633 Rs. 2,252 Rs. 2,442 Rs. 3,818 Rs. 4,988 4,938
after Tax
(PAT) $8.4 $9.5 $8.8 $8.7 $10.2 $11.7 $24.3 $24.3 $41.8 $37.8 $29.9 $33.4 $50.4 $ 60.7 $ 59.5
Rs. 1.79 Rs. 2.02 Rs. 1.88 Rs. 1.86 Rs. 2.17 Rs. 2.60 Rs. 5.73 Rs. 5.59 Rs. 9.68 Rs. 9.36 Rs. 8.01 Rs. 8.68 Rs. 13.6 Rs. 17.7 Rs. 17.6
EPS **
$0.025 $0.030 $0.030 $0.030 $0.035 $0.040 $0.090 $0.085 $0.0150 $0.135 $0.109 $0.119 $0.179 $ 0.216 $ 0.214
Rs. Rs. Rs. Rs. Rs. Rs.
Net Rs. 3,008 Rs. 3,520 Rs. 4,024 Rs. 4,521 Rs. 5,106 Rs. 5,837 Rs. 7,377 Rs. 8,955 32,257
11,578 14,143 16,239 18,678 22,420 27,343
Worth
$50.1 $58.6 $67.0 $75.3 $85.0 $93.3 $111.2 $138.5 $177.9 $203.0 $215.4 $255.1 $295.7 $ 332.6 $ 389.0
Rs. 740 Rs. 735 Rs. 555 Rs. 710 Rs. 867 Rs. 963 Rs. 1,125 Rs. 1,303 Rs. 2,204 Rs. 2,641 Rs. 2,141 Rs. 7 Rs. 0 Rs. 3 0
Debt
$12.3 $12.2 $9.2 $11.8 $14.4 $16.0 $16.9 $20.2 $31.6 $37.9 $28.4 $0.1 $0.0 $ 0.0 $ 0.0
Debt to
0.25 0.21 0.14 0.16 0.17 0.17 0.15 0.14 0.19 0.19 0.13 0.00 0.00 0.00 0.00
Equity
From FY10 to FY14 1 USD = Rs. 60.059 * Above financials are based on I GAAP ** Adjusted for Bonus Issue
FY15 – 1USD = Rs. 62.58; FY16-1 USD = Rs. 66.32; FY17-Rs. 64.66; FY18-Rs. 65.07, FY19-Rs. 69.66, FY20 = Rs. 75.39, FY21 = Rs. 73.21, FY22 = Rs. 75.81, FY23 = 82.22 ^ Based on IndAS All figures in Rupees million except EPS & Debt to Equity
FY24 = 82.93 35
 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%
Margin (%)
40,910
37,438
32,726
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 7,010
Revenue 3,839 4,270 4,871 5,358
1,121 1,356 1,338 1,164 1,258 1,261 1,529 2,296

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Net Profit & Net Worth (RoE)

RoE (%) 16.7% 16.1% 13.1% 11.5% 11.9% 12.9% 21.8% 17.6% 23.5% 18.6% 13.9% 13.1% 17.0% 18.2% 15.3%

32,257
27,343
22,420
18,678
PAT 16,239
14,143
11,578
Net Worth 7,377 8,955
4,024 4,521* 5,106 5,674 3,818 4,988 4,938
3,008 3,520 1,611 1,573 2,721 2,633 2,252 2,442
503 568 528 521 610 730
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Rs. in Million

36
Shareholding Pattern as on 30th September 2024

Shareholders Holding more than 1% of the Equity

% to Equity
(Other than Promoters)
HDFC Mutual Fund 8.18
14.06%
SBI Mutual Fund 4.40

DSP Mutual Fund 3.69

Canara Robeco Mutual Fund 2.18

48.81%
Franklin Templeton Mutal Fund 1.88

30.47% Kotak Mutual Fund 1.88

HSBC Mutual Fund 1.44

Axis Mutual Fund 1.38

Tata Mutual Fund 1.23

6.66%
The Master Trust Bank of Japan Ltd (FPI Category I) 1.10

Nippon Life India Mutual Fund 1.03

PROMOTERS
FOREIGN INST. INVESTORS Total 28.39
MUTUAL FUNDS & AIFs, Insurance Co.
PUBLIC & OTHERS

37
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.kavaiya@sgapl.net
Office Address:
KNR Constructions Limited
KNR House, 3rd & 4th Floors,
Plot NO. 114, Phase - I,
Kavuri Hills, Hyderabad – 500033
www.sgapl.net
www.knrcl.com

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