'KNR Construction hosted a conference call on November 13, 2018. In the conference call the company was represented by K Jalandar Reddy, ED and S Vaikunthanathan, VP Finance.
Key takeaways of the call
Order book as end of Sep 30, 2018 was Rs 1831.5 crore and of which road sector is Rs 75 % and irrigation is about 25%. Orders not included in the order book yet amounts Rs 3975 crore and including that the order book will be about Rs 5806.5 crore.
The company expects to close current fiscal with a standalone revenue in excess of Rs 1800 crore and the revenue expected for FY20 was in excess of Rs 2300 crore. Expect the company to do a sale revenue of Rs 800-900 crore in H2FY19 and of which the four HAM projects to contribute about Rs 200 crore atleast as there will be a full quarter of execution from HAM projects. All new projects will be in full execution in next fiscal.
The company has received 5 HAM Road Projects with a bid project cost (BPC) of Rs 5611.21...
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