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Industrials · Other Industrial Products

KRN Heat Exchanger and Refrigeration Ltd (KRN)

₹1,233.90

Mkt cap
₹8,415 Cr
P/E ratio
110.00
P/B
13.35
Div yield
0.00%
ROE
14.30%
ROCE
16.10%
EPS (TTM)
₹11.22
Book value
₹92
52W range
598–1,329
Sector
Industrials

KRN Heat Exchanger and Refrigeration (KHERL), manufactures fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning, and Refrigeration Industry. [1]

NSE KRNBSE 544263www.krnheatexchanger.com
Health check
Constructive
ValuationExpensive
ProfitabilityAverage
GrowthHigh
TechnicalsBullish
52-week range
−7.17% from high
₹1,234
₹598+106.30% from low₹1,329
Current
₹1,233.90
Prev close
₹1,230.20
Day
+0.30%
Price performance
1D
+0.30%
1W
−2.80%
1M
+3.60%
3M
−1.11%
6M
+92.36%
1Y
+43.98%
YTD
+60.22%

Financials

F
Revenue, profit & margin
P/E ratio
110.0×
KRN is 323% above the sector median of 26.0×
KRN110.0×
Sector median26.0×
 Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Trend
Sales7166829691111132115152153179
Expenses58546478739611398122122146
Operating Profit1312181818161918303134
OPM %19%18%21%18%20%14%14%15%20%20%19%
Other Income11211544222
Interest11111011123
Depreciation11111112566
Profit before tax1211171717192118272627
Tax %29%29%30%29%29%28%30%32%33%12%13%
Net Profit98121212141512182323
EPS in Rs1.961.712.612.591.982.212.392.002.903.653.76
Raw PDF

Earnings

EResults dates & reactions
No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

No reaction history yet.
No quarterly filings ingested yet.

Corporate actions

CLast 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Shareholding

Sas of Jun 2026
65.69%Promoter
Promoters65.69%5.10
FIIs8.86%2.20
DIIs8.33%1.94
Public17.13%0.97
Ownership trend

Peers

P7 companies
Valuation vs quality
P/E × ROCE · bubble = market cap
NameCMPP/EMkt CapDiv YldNP QtrQtr Profit VarSales QtrQtr Sales VarROCE
HBL Engineering₹754.9524.9820,9270.26%64+44.18%604+27.03%58.45%
Inox India₹1,964.4068.5417,8300.10%75+11.19%461+24.70%33.48%
Esab India₹5,643.5045.078,6871.33%44−8.18%396+7.62%64.68%
KRN Heat Exchan₹1,285.50110.048,4150.00%23+57.09%179+36.49%16.06%
Subros₹814.0030.975,3100.32%49+6.77%1,050+15.55%19.75%
Harsha Engg Intl₹424.6527.693,8660.35%47+200.64%474+27.06%13.00%
Ador Welding₹1,362.3026.752,3711.69%34+53.77%318+3.24%22.71%
Median: 33 Co.₹320.0026.004190.00%6+11.19%78+9.60%16.22%

Filings

D
Annual reports1
Financial Year 2025bse
Concall transcripts21
TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024
Credit ratings2
Rating update 4 JuncrisilRating update 30 Sep 2025crisil
Announcements5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jul - Regulation 74(5) certificate filed for quarter ended 30 June 2026; no demat or remat requests received.Closure of Trading Window 27 Jun - Trading window closes1 July 2026 until 48 hours after Q1 FY27 results.Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 20 Jun - GST authority ordered ₹4.95 crore tax, ₹9.76 lakh interest, and ₹49.47 lakh penalty on 13 May 2026.Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition And Takeover) Regulations, 2011 11 Jun - Promoters sold 10,00,000 shares (1.52%) on June 9, 2026, reducing holding to 65.69%.Announcement under Regulation 30 (LODR)-Meeting Updates 9 Jun - Approved ₹235.26 crore investment in wholly owned subsidiary KHPL at ₹300 per share.