Brief India: KNR Constructions Ltd - Result Below Expectations; Maintain HOLD and more
In this briefing: KNR Constructions Ltd - Result Below Expectations; Maintain HOLD PNC Infratech Ltd - Cut Esitmates On Revised Guidance; Maintain HOLD Endurance Technologies Ltd - Robust Order Wins & Strategic Capex Eicher Motors Ltd - Focus on Volume Growth & Overall EBITDA Improvement HSIE Results Daily: Asian Paints, Infoedge, Ashok Leyland, Max Financial Services... 1. KNR Constructions Ltd - Result Below Expectations; Maintain HOLD Order Book: The company’s order book stood at Rs 8,215 Cr as of 30th Sep’25, providing 12–18 months of revenue visibility. While the current order book size poses a potential risk to near-term revenue growth, management expects additional order inflows of Rs 8,000– 10,000 Cr in FY26, which should help sustain a healthy execution pipeline and support growth momentum. Revision in Revenue & EBITDA Guidance: For FY26, management has guided revenue in the range of Rs 2,000–2,100 Cr, citing a lower executable order book, with EBITDA margins expected at 13–14%.