KNR Constructions Limited — Investor Presentation 2026

May 29, 2026

KNRC

KNR Constructions Limited.

Date: 29th May 2026

Ref: KNRCL/SD/2026/1063&1064

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

Dear Sir/Madam,

Sub: Investor Presentation - Revised

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

We refer to the above captioned subject, we herewith submit to you investor presentation for the Q4FY26.

This is for your information and records of the Exchange, please

Thanking you,

Yours truly

For KNR Constructions Limited

HARITHA

VARANASI

Digitally signed by

HARITHA VARANASI

Date: 2026.05.29

22:39:43 +05'30'

Haritha Varanasi

Company Secretary

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

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NRC

Investor Presentation

May 2026

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KNR

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.

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KNRC

Key Highlights

☐ Received Letter of Award for NHAI HAM Project in Telangana
- Construction of 4 laning of NH-167 from Gudebellur to Mahabubnagar of Hyderabad – Panaji Section on Hybrid Annuity Mode in the state of Telangana
- Incorporated a wholly owned subsidiary, KNR Manyamkonda Infra Private Limited and has signed Concession Agreement
- Bid Cost: Rs 1,734 Crore | Construction Period: 730 Days | Operation Period: 15 Years from COD

☐ Received Letter of Award from Tamil Nadu State Highways Authority (TANSHA)
- Construction of Four Lane Elevated Corridor along East Coast Road (ECR) Thiruvanmiyur to Uthandi in SH-49 on Hybrid Annuity Mode in the State of Tamil Nadu
- Incorporated a wholly owned subsidiary, KNR Mahabalipuram Infra Private Limited and has signed Concession Agreement
- Bid Cost: Rs. 2,163 Crore | Construction period: 1095 days | Operation period: 5 Years from COD

☐ Received Letter of Acceptance from Hyderabad Growth Corridor Ltd for EPC Project
- Widening and strengthening of pipeline road from Shankarpally road at MGIT to Manikonda including junction development at NPCI in the state of Telangana worth Rs. 84 Crore excluding GST
- The construction period for the project is 9 months

☐ Received Letter of Acceptance from Hyderabad Municipal Corporation for EPC Project
- Construction of 4 lane unidirectional flyover at Rasoolpura in the state of Telangana worth Rs. 50 Crore excluding GST.
- The construction period for the project is 24 months

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4

Key Highlights & Result Update

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KIRK

Standalone Financial Highlights

Rs. Million

Quarter 4	Revenue	EBITDA	EBITDA Margins	PAT
Quarter 4	8,512
5,353
Q4 FY25
Q4 FY26	1,175
283
Q4 FY25
Q4 FY26	13.8%
5.3%
Q4 FY25
Q4 FY26	752
192
Q4 FY25
Q4 FY26
Full Year	33,587
20,967
FY25
FY26	6,259
1,782
FY25
FY26	18.6%
8.5%
FY25
FY26	7,257
1,161
FY25
FY26

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KNRC

Standalone Financial Results

Rs. Million	Standalone
	Q4 FY26	Q4 FY25	YoY	Q3 FY26	QoQ	FY26	FY25	YoY
Total Revenue	5,353.3	8,512.0	-37%	5,850.6	-8%	20,967.2	33,586.5	-38%
Operating Expenses	3,863.4	6,173.9		4,690.6		15,199.1	22,403.6
Employees Expenses	319.1	410.8		338.3		1,512.1	1,769.2
Other Expenditure	887.8	752.1		515.4		2,474.5	3,154.3
EBITDA	283.0	1,175.2	-76%	306.3	-8%	1,781.5	6,259.4	-72%
EBITDA margin	5.3%	13.8%		5.2%		8.5%	18.6%
Other Income	289.5	185.1		93.7		639.4	4,516.6
Depreciation	139.4	223.0		145.9		581.9	902.9
Interest	30.4	37.7		31.5		142.5	129.5
Exceptional Item	0.0	0.0		0.0		0.0	-150.1
PBT	402.7	1,099.6	-63%	222.6	81%	1,696.5	9,593.5	-82%
Tax	210.4	347.6		46.3		535.9	2,336.7
Current Tax	136.6	296.3		44.3		411.6	2,215.9
Prior Period Tax	0.0	66.5		1.7		1.7	58.4
Deferred Tax	73.8	-15.2		0.3		122.6	62.4
Profit After Tax	192.3	752.0	-74%	176.3	9%	1,160.6	7,256.8	-84%
PAT margin	3.6%	8.8%		3.0%		5.5%	21.6%
Other Comprehensive Income	-7.8	3.1		12.0		7.7	6.9
Total Comprehensive Income	184.5	755.1	-76%	188.3	-2%	1,168.3	7,263.7	-84%

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K

NRC

Standalone Balance Sheet

ASSETS (Rs. Million)	Mar-26	Mar-25
Non-Current Assets
Property, plant and equipment	2,332.0	2,998.8
Capital work-in-progress	1.2	4.1
Right of Use Asset	92.1	26.4
Investment property	663.5	663.5
Other Intangible assets	0.3	0.4
Financial Assets
Investments	848.5	3,901.3
Other Investments	2,293.4	3,960.5
Trade Receivable	346.0	312.6
Loans	38.8	36.7
Deferred tax assets (Net)	1,150.6	1,275.8
Non current tax assets (Net)	445.8	308.0
Other non-current assets	1,338.8	1,143.2
Total Non-current assets	9,551.0	14,631.3
Current assets
Inventories	1,326.6	1,602.6
Financial assets
Trade receivables	8,714.8	12,449.6
Cash and cash equivalents	707.0	811.7
Bank Balances	401.0	624.4
Loans	29.4	15.9
Other financials assets	17,955.4	14,407.9
Current tax assets (net)	13.0	0.0
Other current assets	2,588.6	1,949.6
Total Current assets	31,735.8	31,861.7
Assets classified as held for sale	5,554.1	4.6
TOTAL ASSETS	46,841.0	46,497.5
EQUITY & LIABILITIES (Rs. Million)	Mar-26	Mar-25
---	---	---
Equity
Equity Share capital	562.5	562.5
Other equity	39,985.5	38,887.5
Total equity	40,548.0	39,450.0
Liabilities
Non-current liabilities
Financial liabilities
Borrowings	0.0	0.0
Lease Liability	66.5	28.4
Provisions	59.6	68.2
Other non-current liabilities	25.5	26.3
Total non-current liabilities	151.6	122.9
Current liabilities
Financial liabilities
Borrowings	0.0	0.0
Trade Payables	2,829.8	2,838.3
Other financial liabilities	2,662.0	3,127.6
Provisions	22.2	15.4
Current Tax Liability (net)	0.0	55.1
Other current liabilities	627.4	888.1
Total current liabilities	6,141.4	6,924.6
TOTAL EQUITY AND LIABILITIES	46,841.0	46,497.5

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KAR

Consolidated Financial Results

Rs. Million	Consolidated
	Q4 FY26	Q4 FY25	YoY	Q3 FY26	QoQ	FY26	FY25	YoY
Total Revenue	6,955.9	9,752.1	-29%	7,432.0	-6%	26,980.1	47,531.7	-43%
Operating Expenses	3,871.8	6,203.0		4,700.7		15,261.3	25,595.7
Employees Expenses	323.4	412.4		341.4		1,520.9	1,771.3
Other Expenditure	1,069.4	921.7		722.7		3,084.4	3,911.0
EBITDA	1,691.3	2,215.0	-24%	1,667.2	1%	7,113.5	16,253.7	-56%
EBITDA margin	24.3%	22.7%		22.4%		26.4%	34.2%
Other Income	189.6	253.0		135.5		652.2	3,156.9
Depreciation	139.4	228.6		150.1		594.6	3,142.2
Interest	558.0	405.8		548.5		2,117.3	2,079.0
Share of Profit / loss of associates	124.8	2.7		9.2		174.3	-187.4
Exceptional Item	0.0	-1,256.2		0.0		0.0	-1,406.3
PBT	1,308.3	580.1	126%	1,113.3	18%	5,228.1	12,595.7	-58%
Tax	247.2	504.2		86.1		859.5	2,577.1
Current Tax	173.4	452.9		82.4		728.8	2,454.0
Prior Period Tax	0.0	66.5		3.4		8.1	60.7
Deferred Tax	73.8	-15.2		0.3		122.6	62.4
Profit After Tax	1,061.1	75.9	1,298%	1,027.2	3%	4,368.6	10,018.6	-56%
PAT margin	15.3%	0.8%		13.8%		16.2%	21.1%
Other Comprehensive Income	-7.8	3.1		12.0		7.7	6.9
Total Comprehensive Income	1,053.3	79.0	1,233%	1,039.2	1%	4,376.3	10,025.5	-56%

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KENRC

Consolidated Balance Sheet

ASSETS (Rs. Million)	Mar-26	Mar-25
Non-Current Assets
Property, plant and equipment	2,722.7	3,383.2
Capital work-in-progress	1.2	4.1
Right of Use Asset	92.1	26.4
Investment property	1,474.1	1,414.5
Other Intangible assets	0.3	0.4
Financial Assets
Investments	709.6	535.3
Trade Receivables	346.0	312.6
Other financial assets	31,995.4	27,435.5
Deferred tax assets (Net)	1,150.6	1,275.7
Non current tax assets (Net)	733.5	544.3
Other non-current assets	4,753.9	4,692.5
Total Non-current assets	43,979.4	39,624.7
Current assets
Inventories	1,328.1	1,604.1
Financial assets
Investments	2,484.8	622.9
Trade receivables	8,083.6	9,211.2
Cash and cash equivalents	1,864.3	1,033.3
Bank Balances	1,908.7	2,191.9
Loans	29.4	15.9
Other financials assets	18,533.4	14,618.9
Current tax assets (Net)	233.4	284.9
Other current assets	2,770.4	2,101.2
Total Current assets	37,236.1	31,684.3
Assets classified as held for sale	0.0	4.6
TOTAL ASSETS	81215.5	71,313.6
EQUITY & LIABILITIES (Rs. Million)	Mar-26	Mar-25
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Equity
Equity Share capital	562.5	562.5
Instruments entirely equity in nature	0.0	0.0
Other equity	49,157.4	44,849.3
Non-Controlling Interests	-2.1	0.0
Total equity	49,717.8	45,411.8
Liabilities
Non-current liabilities
Financial liabilities
Borrowings	22,697.8	17,574.1
Lease Liability	66.5	28.4
Other financial liabilities	0.0	0.0
Provisions	759.5	503.1
Other non-current liabilities	25.5	26.3
Total non-current liabilities	23,549.3	18,131.9
Current liabilities
Financial liabilities
Borrowings	1,678.2	892.3
Trade Payables	2,822.4	2,820.0
Other financial liabilities	2,639.5	3,087.6
Provisions	22.2	15.4
Current Tax Liability (net)	0.0	251.3
Other current liabilities	786.1	703.4
Total current liabilities	7,948.4	7,769.9
TOTAL EQUITY AND LIABILITIES	81,215.5	71,313.6

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C

Cash Flow Statement

Particulars (Rs. Million)	Standalone		Consolidated
	Full Year ended 31-Mar-26	Full Year ended 31-Mar-25	Full Year ended 31-Mar-26	Full Year ended 31-Mar-25
Net Profit Before Tax	1,696.5	9,593.5	5,228.1	12,595.8
Adjustments for: Non-Cash Items / Other Investment or Financial Items	647.1	-2,699.4	-2,734.0	622.0
Operating profit before working capital changes	2,343.6	6,894.1	2,494.1	13,217.8
Changes in working capital	-1,314.5	-7,364.5	-2,875.8	-16,593.6
Cash generated from Operations	1,029.1	-470.4	-381.8	-3,375.8
Share of profit / loss of Associate or JV	0.0	0.0	0.0	0.0
Direct taxes paid (net of refund)	-602.0	-2,166.6	-1,108.7	-2,290.0
Net Cash from Operating Activities	427.1	-2,637.0	-1,490.5	-5,665.8
Net Cash from Investing Activities	-298.5	1,470.2	-1,390.9	-1,665.6
Net Cash from Financing Activities	-233.3	-186.8	3,712.3	4,800.9
Net Decrease in Cash and Cash equivalents	-104.7	-1,353.6	831.0	-2,530.5
Add: Cash & Cash equivalents at the beginning of the period	811.7	2,165.3	1,033.3	3,563.8
Cash & Cash equivalents at the end of the period	707.0	811.7	1,864.3	1,033.3

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NRC

Standalone Net Working Capital Days

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12

Business Update

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K

NRC

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

☐ 25+ years of experience of project execution
- Successfully executed more than ~9,127 lane km Road Projects
- Projects executed across 12 states in India

☐ Portfolio of BOT/HAM Projects
- 452 lane Kms Projects in the state of Telangana & Karnataka
- 2 Annuity based Projects and 8 HAM based projects
- 8 HAM based projects with total Bid Project cost of Rs. 96,188 million

☐ Strong Order Book

To develop KNRCL as a Centre of excellence in the field of Infrastructure services by striving continuously to provide eco-friendly solution adopting state-of-the-art practices and commitment to quality through motivated human resource

Mission

We would aim to add more business verticals to the organisation in the fields of construction of Elevated Metro Rail and Railway Projects.

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KNRG

Transformation

1995

Incorporated & Commenced EPC Business

2006

Bagged 1st BOT Project in Karnataka worth Rs. 4,420 Mn; Entry into Urban water Infrastructure with contract in Bangalore

2007

Bagged 2nd BOT project worth Rs.5,920 Mn in Telangana

2008

IPO & Listed on BSE and NSE

2010

Received the biggest work of order value Rs. 8,250 mn from Sadbhav Engineering Ltd for construction of Bijapur Hungund Road project

2012

Early completion of Biggest Road Project – Bijapur Hungund Section of Rs. 8,250 mn – 11 months ahead of schedule

Transferred 100% stake of KNR Walayar Tollways Private Limited ("SPV") to Cube Highways and Infrastructure III Pte. Ltd. for an Enterprise Value of Rs. 5,117.8 Mn

2020

• Signed SPA with Cube Highways for 3 SPVs (HAM project)
• Crossed Revenue of Rs. 20,000 Mn on Standalone Basis

2019

Received 5 HAM Project worth of Rs. 56,112 Mn (BPC)

2018

Crossed Networth of Rs. 10,000 Mn on Standalone Basis

2017

Crossed Revenue of Rs. 10,000 Mn on Standalone Basis

2016

• Bagged an EPC Project worth Rs. 9,371 mn for Madurai Ramanathapuram Section of NH-49 in Tamil Nadu under NHDP Phase-III
• Bagged 3rd BOT Toll project worth Rs. 9,005 mn in Kerala

2013

2021

• Crossed Networth of Rs. 20,000 Mn on Standalone Basis
• Transferred 49% stake in 2 SPV (KNR Tirumala Infra Pvt Ltd and KNR Shankarampet Projects Pvt Ltd) to Cube Highways and Infrastructure III Pte. Ltd. for value of Rs. 2,453.2 Mn

2022

Transferred balance 51%/100% stake in 3 SPVs (KNR Tirumala, KNR Shankarampet & KNR Sriranagam) to Cube Highways and Infrastructure III Pte. Ltd. for value of Rs. 2,794.3 Mn

2024

Crossed Networth of Rs. 30,000 Mn on Standalone Basis)

2025

• Bagged 1st ever Mining Project in JV from Patratu Vidyut Utpadan Nigam Ltd with contact value of Rs. 48,006 Mn
• Crossed Networth of Rs. 40,000 Mn on Standalone Basis

2021

14

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KNARC

Top Management

Mr. K. Narasimha Reddy - Founder Promoter & Managing Director

• Over 50 years of experience in the Highway sector
• Started career in 1968 and engaged in the business of undertaking civil and mechanical contracts
• Extensive knowledge and experience in multi project planning Scheduling, cost controls in addition to overall construction and multi project management & driving force in taking the company towards greater heights

Mr. K. Jalandhar Reddy - Promoter & Executive Director

• Over 25 years of experience in the Highway and infrastructure sector
• Started his career with the organisation as a project Manager and was elevated to Executive Director on April 1, 1997
• Heads the tendering and bidding activities and oversees most of the projects

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NCUR

Supported by Professional Team

Mr. T.L. Verma
(Sr. Vice President - Projects)

• A Bachelor of Engineering (BE) from MITS Gwalior (MP) with Over 40 years of total experience with ~20 years of experience in Highway sector
• Working with the company since 2006 on various projects i.e. Bridges and Highways, including construction of Concrete Roads

Mr. K Venkata Ram Rao
(General Manager - Finance & Accounts)

• An Associate Member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India with over 20 years of experience in the areas of finance, accountancy and taxation
• Has the overall responsibility for the finalization of corporate accounts, taxation, finance and related jobs

Ms. V. Harita
(Company Secretary)

• A Member of the Institute of Company Secretaries of India
• Overall responsibility towards compliance of Rules & Regulations laid down by various authorities

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17

Key Business Strength

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KNRC

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

SIGNIFICANT EXPERIENCE AND STRONG TRACK RECORD IN TIMELY EXECUTION OF PROJECTS

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KANRC

Pan India Project Execution Capability*

Sr. No.	State	No. of Projects	Project Value (Rs. Mn)
1	Tamil Nadu	13	52,027
2	AP & Telangana	31	50,473
3	Karnataka	15	33,176
4	Kerala	2	17,068
5	Madhya Pradesh	4	6,619
6	Uttar Pradesh	10	4,549
7	Assam	2	4,038
8	Arunachal Pradesh	1	3,468
9	Gujarat	1	2,550
10	Orissa	1	1,866
11	Haryana	1	118
	Total	81	1,75,952

*Projects executed in last 30 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

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KNRC

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

20

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K

2. In-house Construction Equipment

Sr. No.	Machinery	Quantity
1	Tippers & Tankers	1,213
2	Excavators	372
3	Generators	306
4	Concrete Mixers And Pumps	192
5	Compactors	134
6	Drillers & Breakers	103
7	Loaders	96
8	Cranes	98
9	Graders	70
10	Compressors	64
11	Batching Plants	51
12	Pavers	53
13	Rollers	45
14	Weigh Bridges	52
15	Tractors	46
Sr. No.	Machinery	Quantity
---	---	---
16	Transformers	39
17	Crushers	32
18	Trailers	34
19	Light Soures	25
20	Dozers	22
21	Wet Mix Plants	16
22	Hot Mix Plants	13
23	Deisel Bunks	12
24	Kerb Laying Machine	10
25	Sprayers	10
26	Sweeping Machines	9
27	Drum Mix Plants	6
28	Piling Machines	6
29	Sub Stations	3
30	Micro Surfacing Machine	1

240 TPH D & G Hot Mix Plant

Gross Block of Plant & Machinery* 14,069 Million

250 TPH Nawa Crushing Plant

WORLD CLASS CONSTRUCTION EQUIPMENTS USE OF RIGHT TOOLS FOR RIGHT WORK

• as on March 31st 2026

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KNRC

3. In-house Execution Team

Project Engineering
Site Supervision
Site Engineers
Equipment Operators
Admin & Office Staff

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

• as on March 31st 2026

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KENRC

4. Host of Marque Clients

National Highways Authority of India (NHAI)

Ministry of Road Transport & Highways (MoRTH)

Andhra Pradesh Road Development Corporation (APRDC)

Hyderabad Growth Corridor Limited (HGCL)

Karnataka State Highway Improvement Project (KSHIP)

Karnataka Road Development Corporation (KRDCL)

Madhya Pradesh Road Development Corporation Limited (MPRDCL)

Bruhat Bangalore Mahanagara Palike (BBMP)

Uttar Pradesh State Highways Authority (UPSHA)

Telangana Irrigation (Government of Telangana)

A.P. Irrigation (Government of Andhra Pradesh)

GMR Projects Private Limited

Engineers India Limited (Government of India Undertaking)

NMDC Limited

Sadbhav Engineering Limited

Public Works Department (Government of Arunachal Pradesh)

Highways Department (Government of Tamil Nadu)

Oriental Structural Engineers Pvt. Ltd.

Patratu Vidyut Utpadan Nigam Ltd

Greater Hyderabad Municipal Corporation
Greater Hyderabad Municipal Corporation

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24

BOT Portfolio

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KNR

BOT Portfolio – Annuity Projects

	Particulars	Patel KNR Infrastructures limited (PKIL)	Patel KNR Heavy Infrastructures Limited (PKHIL)
Project Details	Stake	40%	40%
	Project Type	Road-Annuity	Road-Annuity
	State	Karnataka	Telangana
	JV Partner	PEL	PEIL
	Client	NHAI	NHAI
	Length (KM)	60.0	53.0
Terms	Concession Start Date	26thMarch 2007	2ndMarch 2008
	Concession Period	20 Years	20 Years
	COD	21stDecember 2009	11thJune 2010
Financials	Project Cost (Rs. mn)	4,420.0	5,920.0
	Equity (31.03.2026) (Rs. mn)	288.2	648.7
	Debt (31.03.2026) (Rs. mn)	169.3	288.0
	Securitized	Yes*	Yes**
	Semi-Annuitiy - 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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KNRG

HAM Portfolio

	Particulars	Magadi - Somwarpet	Oddanchatram - Madathukulam	Ramanattukara - Valanchery	Valanchery - Koppirikkad	Chittor -Thatchur	Marripudi to Somvarappadu	Mysore to Kushalnagara (Pkg V)	Mysore to Kushalnagara (Pkg IV)
Project Detail	SPV Name	KNR Somwarpet Infra Pvt. Ltd.	KNR Palani Infra Pvt. Ltd.a	KNR Ramanattukara Infra Pvt. Ltd.a	KNR Guruvayur Infra Pvt. Ltd.a	KNR Ramagiri Infra Pvt. Ltd.a	KNR Ramatheertham Infra Pvt. Ltd.	KNR Sriranganatha Infra Pvt. Ltd.	KNR Kaveri Infra Pvt. Ltd.
	Stake	100%	100%	100%	100%	100%	100%	100%	100%
	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	Andhra Pradesh	Karnataka	Karnataka
	Client	KSHIP	NHAI	NHAI	NHAI	NHAI	NHAI	NHAI	NHAI
	No of Lanes	Two	Four	Six	Six	Six	Six	Four	Four
	Length(KM)	166.0	45.4	39.7	37.4	34.7	29.1	83.4	26.6
	Concession Period	9 Years	17 Years	17.5 Years	17.5 Years	17 Years	17 Years	17 Years	17 Years
Financials	Bid Project Cost (Rs. mn)	11,445.0	9,200.0	23,675.0	21,400.0	10,415.0	6,650.0	6,903.0	6,500.0
	Total Project Cost (Rs. mn)	11,276.0	7,920.0	21,500.0	19,594.0	9,309.1	7,716.8	7,981.2	7,387.3
	Grant (Rs. mn)^	7,485.0	3,945.4	10,250.0	9,242.5	4,501.7	3,372.2	3,506.3	3,301.6
	Estimated Equity (Rs. mn)	1,221.0	804.6	2,250.0	2,091.5	961.5	874.6	895.0	817.2
	Estimated Debt (Rs. mn)	2,570.0	3,170.0	9,000.0	8,260.0	3,845.9	3,470.0	3,579.9	3,268.5
	Status*	AD: 5th Oct. 2020	AD: 5th Oct. 2020	AD: 21st Jan. 2022	AD: 21st Jan. 2022	AD: 25th Jan. 2023	AD: 10th Feb. 2024	AD: 07th April 2025	AD: 30th April 2025
	PCOD / COD	27th June 2023	2nd Sept. 2022	18th July 2025	17th July 2025	16th Dec. 2024	-	-	-
Progress	% Physical Progress	91.3%	100.0%	99.4%	98.3%	97.4%	77.1%	12.2%	15.5%
	Equity Invested (Rs. mn)	1,232.6	644.0	2,143.1	1,933.3	813.7	553.8	1.0	1.0
	Grant Received (Rs. mn)	7,485.0	4,386.6	10,944.5	10,043.4	4,670.7	2,633.5	687.5	653.5
	Debt Already Drawn (Rs. mn)	2,187.0	2,450.0	8,350.0	7,250.0	3,250.0	2,195.0	0.0	0.0

^A Grant includes estimated Price Index Multiple of Rs. 4,222.5 mn

aShare Purchase Agreement signed with Indus Infra Trust

• • AD: Appointed Date

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KNRG

Asset Monetization

Particulars	Total Equity to be Invested (Rs. mn)	Total Consideration* to be received (Rs. mn)
KNR Palani Infra Pvt Ltd ("KPIPL")	644	2,901
KNR Ramagiri Infra Pvt Ltd ("KRGIPL")	928	2,159
KNR Guruvayur Infra Pvt Ltd ("KGIPL")	1,933	4,894
KNR Ramanattukara Infra Pvt Ltd ("KRIPL")	2,163	5,479
Total	5,668	15,432

☐ On 24th December 2025, the Company has executed Share Purchase Agreements with Indus Infra Trust, for the proposed sale of its 100% shareholding (including Sub Debt) of 4 special purpose vehicles (SPVs)

☐ The divestment shall be undertaken post approval of various Authority and lenders in conformance with the provisions of the Concession Agreement and expected to be completed on or before 30th September 2026.

*Total consideration includes cash surplus of Rs. Rs. 1,445.4 Mn

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28

Order Book & Business Strategy

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K

Order-book Highlights

Key Projects	Rs. Mn
Mysore to Kushalnagara (Pkg V) (HAM)	5,507
Mysore to Kushalnagara (Pkg IV) (HAM)	4,864
Khajaguda Junction & IIIT Junction (EPC)	4,591
Iconic Bridge across Mir Alam tank, Bengaluru (EPC)	3,192
Marripudi to Somvarappadu Project (HAM)	1,529
Top 5 Road Projects	19,683
Other Road Projects	6,517
Irrigation Projects	16,677
Pipeline Projects	8,324
Mining Project	35,524
Total Orderbook as on 31st March 2026	86,725

Order Book Break-up

Segment Wise Split

Region Wise Split

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KNC

Order-book: State-wise

Karnataka
No of Projects	6
Balance Value	Rs. 12,722 mn
Kerala
---	---
No of Projects	2
Balance Value	Rs. 1,287 mn

Jharkhand
No of Projects	1
Balance Value	Rs. 35,524 mn
AP & Telangana
---	---
No of Projects	18
Balance Value	Rs. 37,036 mn
Tamil Nadu
---	---
No of Projects	2
Balance Value	Rs. 156 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

---

K

Recently Won Projects

New HAM Projects	Rs. Million (Excluding GST)
Four Lane Elevated Corridor along East Coast Road (ECR) Thiruvanmiyur to Uthandi in SH-49 on Hybrid Annuity Mode in the state of Tamil Nadu	16,800
4 laning of NH-167 from Gudebellur to Mahabubnagar Hyderabad – Panaji Section under on Hybrid Annuity Mode (HAM) in the state of Telangana	15,500
Total	32,300

Rs. million

---

KIRK

Orderbook Breakup - Rs. 1,19,025 Mn

Segment Wise Split

Region Wise Split

---

Business Strategy

KNRC

Business Strategy

Focus on Projects involving Higher degree of engineering skills

Focus on securing EPC contracts from reputed Clients and Concessionaire

Capitalise on Opportunity of huge Infrastructure development in Country

Continuously explores growth opportunities by forming strategic Joint Ventures (JVs)

Execute all the projects on time or ahead of schedule

---

Financial Highlights

34

---

KENRC

Standalone Financial Highlights

Financial Year	2010*	2011*	2012*	2013*	2014*	2015*	2016^	2017^	2018^	2019^	2020^	2021^	2022^	2023^	2024^	2025^	2026^
Turnover	Rs. 7,125	Rs. 7,930	Rs. 7,505	Rs. 6,921	Rs. 8,348	Rs. 8,761	Rs. 9,025	Rs. 15,411	Rs. 19,317	Rs. 21,373	Rs. 22,442	Rs. 27,026	Rs. 32,726	Rs. 37,438	Rs. 40,910	Rs. 33,587	Rs. 20,967
	$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	$393.1	$224.3
EBITDA	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	Rs. 7,010	Rs. 6,259	Rs. 1,782
	$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	$73.3	$19.1
Profit before Tax (PBT)	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	Rs. 6,893	Rs. 9,594	Rs. 1,697
	$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	$112.3	$18.1
Profit after Tax (PAT)	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	Rs. 4,938	Rs. 7,257	Rs. 1,161
	$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	$84.9	$12.4
EPS **	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	Rs. 25.80	Rs. 4.13
	$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	$0.302	$0.044
Net Worth	Rs. 3,008	Rs. 3,520	Rs. 4,024	Rs. 4,521	Rs. 5,106	Rs. 5,837	Rs. 7,377	Rs. 8,955	Rs. 11,578	Rs. 14,143	Rs. 16,239	Rs. 18,678	Rs. 22,420	Rs. 27,343	Rs. 32,257	Rs. 39,450	Rs. 40,548
	$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	$461.7	$433.8
Debt	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	Rs. 0	Rs. 0	Rs. 0
	$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	$0.0	$0.0
Debt to Equity	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	0.00	0.00

From FY10 to FY14 1 USD = Rs. 60.059

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

FY24 = 82.93, FY25 = 85.44, FY26 = 93.48

• Above financials are based on I GAAP ** Adjusted for Bonus Issue

^ Based on IndAS All figures in Rupees million except EPS & Debt to Equity

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KNRC

Standalone Financial Highlights

Rs. in Million

Revenue & EBITDA (Margin %)

Net Profit & Net Worth (RoE)

---

37

Shareholding Pattern as of 31st March 2026

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

Shareholders Holding more than 1% of the Equity (Other than Promoters)	% to Equity
ICICI Prudential Mutual Fund	4.73%
HDFC Mutual Fund	3.76%
SBI Mutual Fund	3.50%
Bajaj Finserv Mutual Fund	1.58%
HSBC Mutual Fund	1.44%
Axis Mutual Fund	1.38%
Total	16.39%

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KNR

For further information, please contact

SGA Strategic Growth Advisors

Company:	Investor Relations Advisors:
KNR Constructions Ltd.
CIN: L74210TG1995PLC130199	Strategic Growth Advisors Pvt. Ltd.
CIN: U74140MH2010PTC204285
Mr. K. Venkata Ram Rao
(GM - Finance & Accounts)	Mr. Jigar Kavaiya
venkatram@knrl.com	+91-9920602034
jigar.kavaiya@sgapl.net
Office Address:
KNR Constructions Limited
KNR House, 3rd & 4th Floors,
Plot NO. 114, Phase - I,
Kavuri Hills, Hyderabad - 500033
www.knrl.com	www.sgapl.net