KRN starts Q1FY27 with a 19.44% margin, above the sector median
Its margin was 5.08 percentage points above the Industrials median, while Rs 2.78 cr of other income supplemented pre-tax profit.
Filed 12 Aug 2026, 17:32 IST · after market close · KRN Heat Exchanger and Refrigeration Ltd (KRN)
Key takeaways
- KRN reported a consolidated operating margin of 19.44%, 5.08 percentage points above the Industrials median across 125 reported peers.
- Other income contributed Rs 2.78 cr to pre-tax profit, making the quality of reported earnings worth monitoring alongside operating performance.
- The company reported consolidated EPS of Rs 5.20 for Q1FY27, with the results filed after market close on 12 August 2026.
Price around the results
Operating margin led the quarter
KRN's consolidated operating margin of 19.44% was 5.08 percentage points above the 14.36% median for 125 Industrials peers that had reported the quarter. This places the company above the sector midpoint, with operating profit of Rs 49.06 cr on revenue of Rs 252.32 cr.
Other income adds a quality check
Other income was Rs 2.78 cr against consolidated profit before tax of Rs 42.33 cr. The contribution is not large enough to explain the entire result, but it means operating profit remains the key measure to track when assessing earnings quality.
No market reaction was available yet
The consolidated results were filed after market close on 12 August 2026. There was therefore no post-results stock reaction to assess in this update.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹252 cr |
| Other income | ₹3 cr |
| Expenses | ₹203 cr |
| Operating profit | ₹49 cr |
| Operating margin (%) | 19.44% |
| Interest | ₹3 cr |
| Depreciation | ₹6 cr |
| Profit before tax | ₹42 cr |
| Tax | ₹9 cr |
| Net profit | ₹33 cr |
| EPS (₹) | ₹5.20 |
Operating margin of 19.44% compares with a Industrials sector median of 14.36% across 125 peers that have reported Q1FY27.
What to watch
- Whether consolidated operating margin remains at or above 19.44% next quarter.
- Whether other income stays around the Rs 2.78 cr reported in Q1FY27.
- Whether interest remains close to the Rs 3.04 cr recorded this quarter.