
KRN Heat Exchanger and Refrigeration Latest Share Price (KRN)
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KRN jumped 3.6% on above-average volume (672426.5x avg), outperforming Nifty's 0.5% move, supported by recent strong earnings.
With a market cap of ₹9,963.44 Cr., it trades at a P/E of 99.60. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
KRN Heat Exchanger and Refrigeration flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●High Capital EfficiencyROCE of 20.8% indicating pricing power
- ●Healthy Operating MarginsOPM is structurally strong at 17.3%
- ●High Promoter HoldingPromoters hold 67.2% skin-in-the-game
- ●FII AccumulationFII holding increased by 3.11% QoQ
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Expensive ValuationTrading at a high P/E ratio of 100.3x
- ●Rising Receivables vs SalesReceivables grew 81.8% outpacing sales growth of 39.4%
Latest KRN Heat Exchanger and Refrigeration News
What changed recently?
Recent events, corporate actions, and announcements.
KRN Heat Exchanger and Refrigeration Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for KRN Heat Exchanger and Refrigeration Limited, framed against the sector median so the premium or discount is obvious at a glance.
KRN Heat Exchanger and Refrigeration Limited trades at a P/E of 99.60× and P/B of 16.53×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
KRN Heat Exchanger and Refrigeration Limited technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for KRN Heat Exchanger and Refrigeration Limited — derived from the latest tape, not yesterday's close.
KRN Heat Exchanger and Refrigeration Limited last traded at ₹1,524.8 with an intraday range of ₹1,465–₹1,540 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹1524.80| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 1704.87 | +180.07 | +11.81% |
| R3 | 1629.87 | +105.07 | +6.89% |
| R2 | 1584.93 | +60.13 | +3.94% |
| R1 | 1554.87 | +30.07 | +1.97% |
| PIVOT | 1509.93 | -14.87 | -0.97% |
| CURRENT | 1524.80 | — | — |
| S1 | 1479.87 | -44.93 | -2.95% |
| S2 | 1434.93 | -89.87 | -5.89% |
| S3 | 1404.87 | -119.93 | -7.87% |
| S4 | 1329.87 | -194.93 | -12.78% |
KRN is trading Above CPR, indicating Bullishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹1465–₹1515
Trading Above opening range, showing Bullishness
KRN Heat Exchanger and Refrigeration Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for KRN Heat Exchanger and Refrigeration Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
KRN Heat Exchanger and Refrigeration Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹9,963.44 Cr. and reported EPS of ₹9.50.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 430 | 600 ▲ 39.6% |
| Sales Growth YoY %Derived | — | 39.60% |
| Other Income | 12 | 10 ▼ 17.8% |
| Total Income | 442 | 610 ▲ 38.1% |
| 319 | 412 ▲ 29.1% | |
| Gross ProfitDerived | 111 | 188 ▲ 69.8% |
| Gross Margin %Derived | 25.80% | 31.37% |
| 40 | 76 ▲ 87.6% | |
| EBITDA (Operating Profit)Derived | 71 | 112 ▲ 59.5% |
| OPM %Derived | 16.40% | 18.74% |
| 8 | 25 ▲ 211.5% | |
| Profit Before Tax (PBT) | 74 | 98 ▲ 31.8% |
| 21 | 21 ▲ 0.2% | |
| Effective Tax %Derived | 28.86% | 21.94% |
| Total Profit for Period | 53 | 76 ▲ 44.6% |
| Net Profit (Owner's PAT)Derived | 53 | 76 ▲ 44.6% |
| Net Profit Margin %Derived | 12.30% | 12.74% |
| PAT Growth YoY %Derived | — | 44.62% |
| Earnings Per Share (EPS ₹) | 8.51 | 12.30 ▲ 44.5% |
| Diluted Shares Outstanding (Cr) | 6 | 6 ▲ 0.0% |
| Other Comprehensive Income (Net of Tax) | -0 | 0 ▲ 452.4% |
| Total Expenses (incl. D&A & Interest) | 367 | 512 ▲ 39.3% |
| Material Cost % of RevenueDerived | 74.25% | 40.52% |
| Employee Cost % of RevenueDerived | 4.91% | 6.93% |
| Other Cost % of RevenueDerived | 4.49% | 5.70% |
| Interest Coverage (x)Derived | 19.31x | 15.88x |
| Period | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|
| Revenue from Operations | 430 | 600 ▲ 39.6% | |
| Sales Growth YoY %Derived | — | 39.60% | |
| Other Income | 12 | 10 ▼ 17.8% | |
| Total Income | 442 | 610 ▲ 38.1% | |
319 | 412 ▲ 29.1% | ||
| Gross ProfitDerived | 111 | 188 ▲ 69.8% | |
| Gross Margin %Derived | 25.80% | 31.37% | |
40 | 76 ▲ 87.6% | ||
| EBITDA (Operating Profit)Derived | 71 | 112 ▲ 59.5% | |
| OPM %Derived | 16.40% | 18.74% | |
8 | 25 ▲ 211.5% | ||
| Profit Before Tax (PBT) | 74 | 98 ▲ 31.8% | |
21 | 21 ▲ 0.2% | ||
| Effective Tax %Derived | 28.86% | 21.94% | |
| Total Profit for Period | 53 | 76 ▲ 44.6% | |
| Net Profit (Owner's PAT)Derived | 53 | 76 ▲ 44.6% | |
| Net Profit Margin %Derived | 12.30% | 12.74% | |
| PAT Growth YoY %Derived | — | 44.62% | |
| Earnings Per Share (EPS ₹) | 8.51 | 12.30 ▲ 44.5% | |
| Diluted Shares Outstanding (Cr) | 6 | 6 ▲ 0.0% | |
| Other Comprehensive Income (Net of Tax) | -0 | 0 ▲ 452.4% | |
| Total Expenses (incl. D&A & Interest) | 367 | 512 ▲ 39.3% | |
| Material Cost % of RevenueDerived | 74.25% | 40.52% | |
| Employee Cost % of RevenueDerived | 4.91% | 6.93% | |
| Other Cost % of RevenueDerived | 4.49% | 5.70% | |
| Interest Coverage (x)Derived | 19.31x | 15.88x |
KRN Heat Exchanger and Refrigeration segment analysis : revenue and profit mix.
Disclosed business segments at KRN Heat Exchanger and Refrigeration with their share of revenue and profit, switchable between consolidated and standalone reporting.
KRN Heat Exchanger and Refrigeration discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for KRN Heat Exchanger and Refrigeration Limited.
Our AI distills the core fundamental drivers supporting KRN Heat Exchanger and Refrigeration Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
KRN Heat Exchanger and Refrigeration Limited's investment case rests on 11 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Promoter holding of 67.22% demonstrates strong insider confidence and long-term commitment.
Minimal debt-to-equity ratio of 0.0033 provides substantial financial flexibility and stability.
Latest quarterly EPS grew 9.85% YoY, indicating improving earnings performance trajectory.
Quarterly sales growth of 20.40% reflects strong demand and successful market penetration.
Operating margin of 17.31% demonstrates solid operational efficiency and cost control.
Key Risks.
Stock P/E ratio of 100.29 significantly exceeds peer valuations and sector benchmarks.
Quarterly profit growth of 3.76% lags sales growth of 20.40%, indicating margin compression.
Price-to-book value of 9.28 reflects premium valuation above net asset value.
Zero dividend yield provides no income return to shareholders despite profitability.
Operating cash flow collapsed 92.3% YoY to ₹3.07 Cr, signaling poor cash conversion.
Flip Conditions.
Valuation risk. a P/E above 129 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
KRN Heat Exchanger and Refrigeration Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — KRN Heat Exchanger and Refrigeration Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
KRN Heat Exchanger and Refrigeration Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for KRN Heat Exchanger and Refrigeration Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
KRN Heat Exchanger and Refrigeration Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for KRN Heat Exchanger and Refrigeration Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in KRN Heat Exchanger and Refrigeration Limited stood at 50.8% of traded volume, against a 20-day average of 45.2%.
KRN Heat Exchanger and Refrigeration announcements: results, concalls, ratings, M&A.
Filings KRN Heat Exchanger and Refrigeration sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
KRN Heat Exchanger and Refrigeration files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 186 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
KRN Heat Exchanger and Refrigeration Limited has informed the Exchange about Schedule of meet
Investor Presentation
KRN Heat Exchanger and Refrigeration Limited has informed the Exchange about Investor Presentation
Copy of Newspaper Publication
KRN Heat Exchanger and Refrigeration Limited has informed the Exchange about Copy of Newspaper Publication
Press Release
KRN Heat Exchanger and Refrigeration Limited has informed the Exchange regarding a press release dated August 13, 2026, titled "Press Release".
Monitoring Agency Report
MonitoringAgency appointed in respect of utilization of proceeds of the through Qualified InstitutionalPlacement ( QIP ) Issue of the Company
Investor decks & rating reports.
KRN Heat Exchanger and Refrigeration dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue KRN Heat Exchanger and Refrigeration has declared, sequenced by announce and record date.
KRN Heat Exchanger and Refrigeration corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About KRN Heat Exchanger and Refrigeration Limited: business, sector, key facts.
What KRN Heat Exchanger and Refrigeration Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
KRN Heat Exchanger and Refrigeration Limited operates in the Other Industrial Products industry under the Capital Goods sector, listed as NSE: KRN, BSE: 544263.

KRN Heat Exchanger and Refrigeration Limited
KRN Heat Exchanger and Refrigeration Limited is a manufacturer and supplier of heat exchangers primarily utilized in the heating, ventilation, air conditioning, and refrigeration (HVAC&R) sector. Their core product line consists of fin and tube-type heat exchangers constructed from aluminum and copper. This specialization positions them within a niche market demanding high-quality, efficient components for a range of applications.
The company's product portfolio encompasses a wide array of heat exchanger types tailored to diverse HVAC&R needs. This includes condenser coils, crucial for releasing heat from refrigerant systems; evaporator units and coils, responsible for absorbing heat; header/copper parts, which serve as critical connecting components; fluid and steam coils, used for heating and cooling various fluids; condensing and air-cooling units, offering complete systems for specific applications; and sheet metal parts, essential for the structural integrity and functionality of their larger assemblies. This comprehensive offering allows KRN to cater to a broad spectrum of customer requirements within the industry.
KRN's geographical reach extends beyond its base in Neemrana, India, to encompass a significant international presence. Their operations span across the rest of Asia, Europe, and North America, indicating a commitment to global market penetration and a diverse customer base. This broad geographic reach suggests a robust distribution network and a capability to serve clients with varying needs and specifications across different continents.
Established in 2017, KRN is a relatively young company in the heat exchanger industry. However, their established product range, international reach, and focus on a critical component within the HVAC&R sector suggests a rapid growth trajectory. Their ability to offer a comprehensive suite of products, from individual components to integrated units, indicates a strategic approach aimed at providing comprehensive solutions to their clients rather than simply supplying individual parts.
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Questions investors ask about KRN Heat Exchanger and Refrigeration Limited (KRN).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of KRN Heat Exchanger and Refrigeration Limited (KRN)?
The current share price of KRN Heat Exchanger and Refrigeration Limited (KRN) is ₹1,524.80. Today, the stock has gained by ₹53.60 (3.64%), trading in a range of ₹1,465.00 to ₹1,540.00. The stock opened at ₹1,470.00 with a trading volume of 2,51,622 shares.
02Is KRN Heat Exchanger and Refrigeration Limited stock a good investment for long-term?
KRN Heat Exchanger and Refrigeration Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹9,963.44 Cr., P/E ratio of 99.6, ROE of 13.32%, and ROCE of 20.8%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of KRN Heat Exchanger and Refrigeration Limited stock?
The 52-week high price of KRN Heat Exchanger and Refrigeration Limited (KRN) is ₹1,598.20, while the 52-week low is ₹589.80. Currently trading at ₹1,524.80, the stock is 158.53% above its 52-week low and 4.59% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy KRN Heat Exchanger and Refrigeration Limited stock at the current price?
Whether to buy KRN Heat Exchanger and Refrigeration Limited stock at ₹1,524.80 depends on multiple factors. The stock is currently trading with a P/E ratio of 99.6 and P/B ratio of 16.53. Today's performance shows a gain of 3.64%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of KRN Heat Exchanger and Refrigeration Limited and when is the next dividend?
KRN Heat Exchanger and Refrigeration Limited offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹1,524.80, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of KRN Heat Exchanger and Refrigeration Limited?
KRN Heat Exchanger and Refrigeration Limited's key financial metrics include: P/E Ratio: 99.6, P/B Ratio: 16.53, ROE: 13.32%, ROCE: 20.8%, Dividend Yield: 0%, EPS: ₹9.50, Book Value: ₹80.22, and Debt-to-Equity: 0.33. The company's market cap stands at ₹9,963.44 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is KRN Heat Exchanger and Refrigeration Limited stock performing today in the market?
KRN Heat Exchanger and Refrigeration Limited stock opened at ₹1,470.00 and is currently trading at ₹1,524.80, showing a gain of ₹53.60 (3.64%). The intraday high is ₹1,540.00 and low is ₹1,465.00. The trading volume stands at 2,51,622 shares, indicating moderate market participation today.
08What is the P/E ratio of KRN Heat Exchanger and Refrigeration Limited and what does it indicate?
KRN Heat Exchanger and Refrigeration Limited has a Price-to-Earnings (P/E) ratio of 99.6, which means investors are willing to pay 99.60 for every ₹1 of earnings. With an EPS of ₹9.50, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about KRN Heat Exchanger and Refrigeration Limited (KRN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.