KRN Heat Exchan

Why is KRN Heat Exchanger and Refrigeration Ltd falling/rising?

As of 09-Jun, KRN Heat Exchanger and Refrigeration Ltd's stock price is rising, currently at 1,226.95, reflecting an increase of 58.4 (5.0%). This increase is driven by strong financial health, robust growth in net sales, increased investor participation, and positive quarterly results, despite some valuation risks.

As of 09-Jun, KRN Heat Exchanger and Refrigeration Ltd's stock price is rising, currently at 1,226.95, reflecting an increase of 58.4 (5.0%). This upward movement can be attributed to several key factors. Firstly, the stock has outperformed the sector by 3.47% today and opened with a gain of 2.18%. Additionally, it reached an intraday high of Rs 1,226.95, indicating strong buying interest.<BR><BR>The company has demonstrated robust financial health, evidenced by a low Debt to EBITDA ratio of 1.07 times, which suggests a strong ability to service its debt. Furthermore, KRN has shown healthy long-term growth, with net sales increasing at an annual rate of 39.80%. The company reported very positive results for the last five consecutive quarters, with net sales for the first nine months higher at Rs 484.78 crore and profit after tax at Rs 64.04 crore.<BR><BR>Investor participation has also increased, with a notable rise in delivery volume by 53.86% against the five-day average, indicating growing interest from investors. Institutional investors have increased their stake by 1.4% over the previous quarter, collectively holding 13.06% of the company, which often reflects confidence in the company's fundamentals.<BR><BR>Despite some risks, such as a high valuation indicated by a PEG ratio of 3, the stock's performance has been impressive, generating a return of 62.75% over the past year while the broader market has seen negative returns. Overall, these factors contribute to the rising stock price of KRN Heat Exchanger and Refrigeration Ltd.

Which are the latest news on KRN Heat Exchan?

Are KRN Heat Exchanger and Refrigeration Ltd latest results good or bad?

KRN Heat Exchanger and Refrigeration Ltd's latest Q4 FY26 results are positive, with a net profit of ₹23.36 crores (up 57.09% year-on-year) and revenue growth of 36.49%. However, investors should be cautious due to the high P/E ratio of 95.11, indicating that future growth may already be priced in.

KRN Heat Exchanger and Refrigeration Ltd's latest results for Q4 FY26 can be considered quite positive overall. The company reported a net profit of ₹23.36 crores, which represents a significant year-on-year increase of 57.09%. Additionally, revenue growth was robust at 36.49% compared to the same quarter last year, with net sales reaching ₹179.48 crores, marking a sequential increase of 17.13% from the previous quarter.<BR><BR>The operating margin stood at a healthy 18.69%, reflecting strong profitability despite some inflationary pressures. Moreover, the company's return on equity (ROE) was 11.17%, indicating reasonable capital efficiency, although there is room for improvement compared to industry peers.<BR><BR>Overall, KRN Heat Exchanger's financial performance highlights a strong demand in its market segments, effective operational management, and a solid growth trajectory, making the latest results favorable. However, investors should remain cautious about the company's high valuation metrics, as the stock trades at a P/E ratio of 95.11, which suggests that future growth expectations are already priced in.

Should I buy, sell or hold KRN Heat Exchanger and Refrigeration Ltd?

When is the next results date for KRN Heat Exchanger and Refrigeration Ltd?

KRN Heat Exchanger and Refrigeration Ltd will announce its results on 06 February 2026.

KRN Heat Exchanger and Refrigeration Ltd is scheduled to declare its results on 06 February 2026.

Is KRN Heat Exchan technically bullish or bearish?

As of December 4, 2025, KRN Heat Exchan is in a bearish trend, indicated by a bearish MACD, Bollinger Bands, and moving averages, along with a 5.22% decline over the past week.

As of 4 December 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for KRN Heat Exchan is bearish with a strong indication of weakness. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish signals from Bollinger Bands on the weekly chart, and bearish moving averages on the daily chart. Additionally, the Dow Theory indicates a mildly bearish trend on both weekly and monthly timeframes. The stock has also experienced a significant decline of 5.22% over the past week, further confirming the bearish sentiment.

How has been the historical performance of KRN Heat Exchan?

KRN Heat Exchan experienced significant growth from March 2024 to March 2025, with net sales increasing to 429.85 Cr from 308.28 Cr, and profit after tax rising to 52.88 Cr from 39.39 Cr, alongside a substantial increase in total assets to 594.81 Cr. Operating profit margin decreased slightly to 16.4%, while cash flow from operating activities improved to 21.00 Cr.

Answer:<BR>The historical performance of KRN Heat Exchan shows significant growth in various financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>KRN Heat Exchan reported net sales of 429.85 Cr in March 2025, up from 308.28 Cr in March 2024, indicating a strong revenue increase. Total operating income mirrored this growth, reaching 429.85 Cr, while total expenditure also rose to 359.34 Cr from 249.83 Cr. The operating profit (PBDIT) increased to 82.37 Cr from 63.91 Cr, reflecting an operating profit margin of 16.4%, down from 18.96%. Profit before tax rose to 74.32 Cr, leading to a profit after tax of 52.88 Cr, compared to 39.39 Cr the previous year. The company's total assets grew significantly to 594.81 Cr from 257.42 Cr, with total liabilities also increasing to 594.81 Cr. Cash flow from operating activities improved to 21.00 Cr from 16.00 Cr, while cash flow from investing activities saw a larger outflow of 279.00 Cr compared to 64.00 Cr. Overall, KRN Heat Exchan demonstrated robust growth in sales and profits, alongside a substantial increase in total assets.

How big is KRN Heat Exchan?

As of 24th July, KRN Heat Exchanger and Refrigeration Ltd has a market capitalization of 5,402.00 Cr, with recent Net Sales of 429.85 Cr and a Net Profit of 52.88 Cr. Shareholder's Funds are 131.65 Cr and Total Assets are 258.36 Cr as of March 2024.

As of 24th July, KRN Heat Exchanger and Refrigeration Ltd has a market capitalization of 5,402.00 Cr, classifying it as a Mid Cap company.<BR><BR>In the latest four quarters, KRN Heat Exchanger reported Net Sales of 429.85 Cr and a Net Profit of 52.88 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 131.65 Cr and Total Assets totaling 258.36 Cr.

What does KRN Heat Exchan do?

KRN Heat Exchanger and Refrigeration Ltd, a mid-cap company established in 2017, operates in the industrial products sector, reporting net sales of ₹1,315 Cr and a net profit of ₹149 Cr for Q1 2025. Key financial metrics include a P/E ratio of 107.00 and a market cap of ₹5,341 Cr.

Overview: <BR>KRN Heat Exchanger and Refrigeration Ltd operates in the Other Industrial Products industry and is categorized as a Mid Cap company.<BR><BR>History: <BR>The company was incorporated in 2017 as "KRN Heat Exchanger and Refrigeration Private Limited" in Bhiwadi, Alwar. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,315 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 149 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 5,341 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 107.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 10.11% <BR>Price-to-Book: 10.76 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the KRN Heat Exchan?

KRN Heat Exchan's peers include PTC Industries, Inox India, Esab India, Kirloskar Industries, Harsha Engineering International, Ador Welding, Diffusion Engineering, Oriental Rail, and Mallcom (India). KRN Heat Exchan has good management risk and growth ratings, with the highest 1-year return among peers, while Oriental Rail has the lowest return at -57.30%.

Peers: The peers of KRN Heat Exchan are PTC Industries, Inox India, Esab India, Kirloskar Indus., Harsha Engg Intl, Ador Welding, Diffusion Eng, Oriental Rail, and Mallcom (India).<BR><BR>Quality Snapshot: Excellent management risk is observed at Inox India and Esab India, while Good management risk is found at KRN Heat Exchan and Ador Welding, and Average management risk is present at PTC Industries, Kirloskar Indus., Harsha Engg Intl, Diffusion Eng, Oriental Rail, and Mallcom (India). Growth ratings show Excellent growth at Kirloskar Indus., Good growth at KRN Heat Exchan, and Average growth at PTC Industries and Ador Welding, while Below Average growth is noted at Inox India, Esab India, Harsha Engg Intl, and Oriental Rail, and the rest. Capital Structure is Excellent for Inox India, Esab India, KRN Heat Exchan, Ador Welding, and Mallcom (India), Good for Kirloskar Indus., and Average for PTC Industries, Harsha Engg Intl, Diffusion Eng, and Oriental Rail.<BR><BR>Return Snapshot: The peer with the highest 1-year return is KRN Heat Exchan with N/A, while the peer with the lowest is Oriental Rail at -57.30%. KRN Heat Exchan's 1-year return is not available for comparison. Additionally, the peers with negative six-month returns include Oriental Rail, Ador Welding, and Harsha Engg Intl.

Is KRN Heat Exchan overvalued or undervalued?

As of October 8, 2024, KRN Heat Exchan is considered overvalued with a PE ratio of 93.48, significantly higher than its peers, and modest return metrics, despite a positive year-to-date return of 8.78%.

As of 8 October 2024, KRN Heat Exchan has moved from a grade of "does not qualify" to "very expensive." The company is currently overvalued, with a PE ratio of 93.48, a Price to Book Value of 9.45, and an EV to EBITDA ratio of 66.04. In comparison, peers such as Thermax Ltd. and BEML Ltd. have PE ratios of 66.31 and 62.34, respectively, indicating that KRN Heat Exchan's valuation is significantly higher than its industry counterparts.<BR><BR>The company's return metrics also reflect its overvaluation, with a ROCE of 13.58% and an ROE of 10.11%, which are relatively modest given the high valuation ratios. Additionally, KRN Heat Exchan's stock has underperformed the Sensex over the past week and month, although it has shown a positive year-to-date return of 8.78% compared to the Sensex's 5.54%. Overall, the valuation metrics and peer comparisons strongly suggest that KRN Heat Exchan is overvalued in the current market.

Who are the top shareholders of the KRN Heat Exchan?

The top shareholders of KRN Heat Exchan include Anju Devi with 38.13%, mutual funds at 2.17%, foreign institutional investors at 1.21%, and Holani Venture Capital Fund-i at 1.61%. Individual investors collectively own 18.73%, with no pledged promoter holdings.

The top shareholders of KRN Heat Exchan include the promoters, with Anju Devi holding the highest stake at 38.13%. There are no pledged promoter holdings. Additionally, mutual funds hold a combined 2.17% through four schemes, while foreign institutional investors (FIIs) account for 1.21% through 13 different FIIs. The highest public shareholder is Holani Venture Capital Fund-i, which holds 1.61%. Individual investors collectively own 18.73% of the company.

Has KRN Heat Exchan declared dividend?

No Dividend History Available