KRN Heat Exchanger and Refrigeration Ltd
KRN NSE
KRN Heat Exchanger and Refrigeration Ltd
Industrial ProductsNSE: KRN BSE: 544263 Other Industrial Products
Key Fundamentals
MicrocapOther Industrial ProductsIndustrial ProductsMarket Cap
₹9,763 Cr
Volatility
High Risk
P/E Ratio
99.22
EBITDA
₹112 Cr
Return on Equity
10.6%
Debt to Equity
0.33
Book Value
₹141.16
52W High
₹1,541.7
52W Low
₹589.8
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view KRN Heat Exchanger and Refrigeration Ltd insights
43 extracted metrics + investor summaries across FY24–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
5- Stock is trading at 16.7 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -5.10%
- Company might be capitalizing the interest cost
- Debtor days have increased from 82.5 to 106 days.
Growth Rate
Revenue Growth
35.85% ↘
Net Income Growth
45.86% ↗
Cash Flow Change
26.71% ↗
ROE
-64.29% ↘
ROCE
-57.99% ↘
EBITDA Margin (Avg.)
-1.18% ↘
Quarterly Results
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 71 | 66 | 82 | 96 | 91 | 111 | 132 | 115 | 152 | 153 | 179 | 252 |
| Expenses | 58 | 54 | 64 | 78 | 73 | 96 | 113 | 98 | 122 | 122 | 146 | 203 |
| Operating Profit | 13 | 12 | 18 | 18 | 18 | 16 | 19 | 18 | 30 | 31 | 34 | 49 |
| OPM % | 19% | 18% | 21% | 18% | 20% | 14% | 14% | 15% | 20% | 20% | 19% | 19% |
| Other Income | 1 | 1 | 2 | 1 | 1 | 5 | 4 | 4 | 2 | 2 | 2 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 6 | 6 | 6 |
| PBT | 12 | 11 | 17 | 17 | 17 | 19 | 21 | 18 | 27 | 26 | 27 | 42 |
| Tax % | 29% | 29% | 30% | 29% | 29% | 28% | 30% | 32% | 33% | 12% | 13% | 22% |
| Net Profit | 9 | 8 | 12 | 12 | 12 | 14 | 15 | 12 | 18 | 23 | 23 | 33 |
| EPS in Rs | 1.96 | 1.71 | 2.61 | 2.59 | 1.98 | 2.21 | 2.39 | 2 | 2.9 | 3.65 | 3.76 | 5.03 |
Profit & Loss
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| Sales | 307 | 430 | 600 | 737 |
| Expenses | 249 | 359 | 488 | 593 |
| Operating Profit | 59 | 70 | 112 | 144 |
| OPM % | 19% | 16% | 19% | 20% |
| Other Income | 5 | 12 | 10 | 9 |
| Interest | 4 | 3 | 6 | 8 |
| Depreciation | 4 | 5 | 19 | 23 |
| PBT | 56 | 74 | 98 | 122 |
| Tax % | 30% | 29% | 22% | — |
| Net Profit | 39 | 53 | 76 | 97 |
| EPS in Rs | 8.54 | 8.51 | 12.3 | 15.34 |
| Div. Payout % | 0% | 0% | 0% | — |
Balance Sheet
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 46 | 62 | 62 |
| Reserves | 84 | 436 | 512 |
| Borrowings | 87 | 33 | 187 |
| Other Liabilities | 40 | 63 | 171 |
| Total Liabilities | 257 | 595 | 932 |
| Fixed Assets | 82 | 85 | 314 |
| CWIP | 4 | 82 | 33 |
| Investments | 0 | 0 | 0 |
| Other Assets | 171 | 428 | 585 |
| Total Assets | 257 | 595 | 932 |
Cash Flow
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Operating | 17 | 21 | -114 |
| Investing | -64 | -279 | -34 |
| Financing | 50 | 258 | 148 |
| Net Cash Flow | 3 | 0 | 0 |
| Free Cash Flow | -41 | -65 | -312 |
| CFO/OP | 54 | 61 | -82 |
Ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 62 | 79 | 106 |
| Inventory Days | 139 | 110 | 242 |
| Days Payable | 60 | 63 | 140 |
| Cash Conversion Cycle | 141 | 125 | 208 |
| Working Capital Days | 62 | 153 | 110 |
| ROCE % | — | 21% | 16% |
Documents
1
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
7h - Q4 and 12M FY26 earnings conference call on 15 May 2026 at 1:00 PM IST. 7h - Q4 and 12M FY26 earnings conference call on 15 May 2026 at 1:00 PM IST.
2
Board Meeting Intimation for Consider And Approve The Financial Results For The Period Ended March 31, 2026
8 May - Board meeting on 14 May 2026 to consider audited FY26 standalone and consolidated results; trading window closes till 16 May. 8 May - Board meeting on 14 May 2026 to consider audited FY26 standalone and consolidated results; trading window closes till 16 May.
3
Clarification With Respect To Significant Movement In The Price
18 Apr - KRN says share price movement is market-driven and no pending price-sensitive disclosure exists. 18 Apr - KRN says share price movement is market-driven and no pending price-sensitive disclosure exists.
5
Statement On Deviation Or Variation Of Funds Raised Through
Initial Public Offer Of The Company 12 Aug 2026
Compliance
Frequently Asked Questions about KRN Heat Exchanger and Refrigeration Ltd
What does KRN Heat Exchanger and Refrigeration Ltd do?
KRN Heat Exchanger and Refrigeration (KHERL), manufactures fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning, and Refrigeration Industry.[1]
Where is KRN Heat Exchanger and Refrigeration Ltd (KRN) listed?
KRN Heat Exchanger and Refrigeration Ltd is listed on the Indian stock exchanges. It is listed on NSE: KRN and BSE: 544263. You can view its live share price, financials, and ratios on Tapetide.
Which sector does KRN Heat Exchanger and Refrigeration Ltd belong to?
KRN Heat Exchanger and Refrigeration Ltd operates in the Industrial Products sector within the Other Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of KRN Heat Exchanger and Refrigeration Ltd?
KRN Heat Exchanger and Refrigeration Ltd has a market capitalisation of approximately ₹9763.13 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of KRN Heat Exchanger and Refrigeration Ltd?
The Price-to-Earnings (PE) ratio of KRN Heat Exchanger and Refrigeration Ltd is 99.22. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of KRN Heat Exchanger and Refrigeration Ltd?
Over the past 52 weeks, KRN Heat Exchanger and Refrigeration Ltd has traded between a low of ₹589.8 and a high of ₹1,541.7. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of KRN Heat Exchanger and Refrigeration Ltd?
KRN Heat Exchanger and Refrigeration Ltd has a Return on Equity (ROE) of 10.60%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research KRN Heat Exchanger and Refrigeration Ltd on Tapetide?
On Tapetide, you can view KRN Heat Exchanger and Refrigeration Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
KRN Heat Exchanger and Refrigeration (KHERL), manufactures fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning, and Refrigeration Industry.[1]