KRN Heat Exchan

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

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 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.

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

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.

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.

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.

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.

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

KRN Heat Exchanger and Refrigeration Ltd's latest results are strong, with a 45.09% increase in net profit and 31.91% revenue growth in Q3 FY26. However, the stock has declined 30.19% over the past year due to high valuation concerns, leading to mixed investor sentiment.

KRN Heat Exchanger and Refrigeration Ltd's latest results indicate a strong performance overall, particularly in terms of sequential growth. In Q3 FY26, the company reported a net profit of ₹18.02 crores, which represents a significant increase of 45.09% compared to the previous quarter. Revenue also saw a robust growth of 31.91%, reaching ₹152.07 crores. Additionally, the operating margin improved to 19.90%, up 470 basis points from the prior quarter, showcasing enhanced operational efficiency.<BR><BR>Year-on-year comparisons are equally impressive, with net profit growing by 46.39% and revenue expanding by 66.93%. This suggests that the company is not only recovering but also gaining market share in its sector.<BR><BR>However, despite these positive operational metrics, the stock has faced a bearish trend, declining 30.19% over the past year. Concerns about its high valuation, with a P/E ratio of 71.38, and a return on equity (ROE) of 11.17%—which is below the peer average—have tempered investor enthusiasm. The market seems to be cautious about the sustainability of the company's growth in light of these valuation metrics.<BR><BR>In summary, while KRN Heat Exchanger's operational results are strong and indicate good momentum, the stock's performance and high valuation present challenges that may lead to mixed perceptions among investors.

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

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

As of 08-Feb, KRN Heat Exchanger and Refrigeration Ltd's stock price is rising to 678.00, driven by positive market sentiment and increased investor participation. Despite a challenging year with a -30.19% return, the company has shown strong long-term growth and positive quarterly results, although it remains overvalued and has underperformed historically.

As of 08-Feb, KRN Heat Exchanger and Refrigeration Ltd's stock price is rising, currently at 678.00, reflecting a change of 4.05 (0.6%) upward. This increase can be attributed to several factors. Notably, the stock has outperformed its sector by 1.56% today, indicating positive market sentiment. Additionally, there has been a rise in investor participation, with delivery volume increasing by 13.79% against the 5-day average, suggesting growing interest among investors.<BR><BR>Despite a challenging year, where the stock has generated a return of -30.19%, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 32.00% and net profit rising by 25.75%. The company has also declared positive results for the last four consecutive quarters, with significant metrics such as the highest operating profit to net sales ratio at 20.28% and net sales reaching Rs 153.23 crore.<BR><BR>However, it is important to note that while the stock is experiencing a short-term rise, it has underperformed in the long term, with negative returns over the past year and a very expensive valuation indicated by a price to book value of 8. Overall, the current rise in stock price appears to be driven by positive investor sentiment and strong quarterly performance, despite the stock's historical underperformance.

Which are the latest news on KRN Heat Exchan?