Ahluwalia Contracts, KNR Constructions Q2 Results Review - HDFC Securities

KNR Constructions reported in-line revenu 16.7/5.7/10.2% ted profit at Rs 9.4/1.7/1 billion, beating our.

estimates by 9.9/4.8/1.

The total order inflow in FYTD24 has be India 52.6 billion.

The order book as of September 2023 stood at Rs 120.8 billion, excluding level-one in one private project worth Rs 28.4 billion. HDFC Securities Institutional Equities Ahluwalia Contracts - Execution i">DISCLAIME Ahluwalia Contracts India Ltd. Feed_highL a strong quarter >EPS 18 16.7/5.7/10.2% ryFeed_highLightTex 10.0% lGi">Rs 2 41 YoY class="sum 87 ryFeed_highLightText__NxlGi">Rs 0.5 billion Ahluwalia Contracts class="summaryFeed_highLightText__ 20% G YoY FY25/26/27Ebitda pan class="summaryFeed_highLightText__NxlGi">Rs 1/3.1 11% 7/0.6 billion < September 2023 mmaryFeed_ Rs 120.8 billion xlGi">Sep-23 one tText__NxlGi">5.4 billi Rs 28.4 billion n class="summaryFeed_highLightText Mumbai i">eight metro 70/30% ass="summaryFeed_hi West/North/East/Overseas/South /span> 36/34/24/4/2% ghLightText__NxlGi">National Highway Authority 30/25/24% 20/30 billion 12/8% tT 24% __NxlGi">Rs 40-50bn FYTD24 30-40 billio 52.6 billion pa Ahluwalia Contracts d_highLightText__NxlGi">KNRRs 25 billion s="summaryFeed_highLightText__NxlGi">Rs Rs 10 billion /span> Sep-23 18.6% 200-300 Rs 782 > 14 span class="summaryFeed_highLightTex KNR Construction - Order KNR Construction Ltd. t__NxlGi">Rs 40 billion plus KNR 9.9/4.8/1.0% highLightText__NxlGi">YoY17.7% 158/98