Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 71 | 66 | 82 | 96 | 91 | 111 | 132 | 115 | 152 | 153 | 179 | 252 |
| Expenses | 58 | 54 | 64 | 78 | 73 | 96 | 113 | 98 | 122 | 122 | 146 | 203 |
| Operating Profit | 13 | 12 | 18 | 18 | 18 | 16 | 19 | 18 | 30 | 31 | 34 | 49 |
| OPM % | 19% | 18% | 21% | 18% | 20% | 14% | 14% | 15% | 20% | 20% | 19% | 19% |
| Other Income | 1 | 1 | 2 | 1 | 1 | 5 | 4 | 4 | 2 | 2 | 2 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 6 | 6 | 6 |
| Profit before tax | 12 | 11 | 17 | 17 | 17 | 19 | 21 | 18 | 27 | 26 | 27 | 42 |
| Tax % | 29% | 29% | 30% | 29% | 29% | 28% | 30% | 32% | 33% | 12% | 13% | 22% |
| Net Profit | 9 | 8 | 12 | 12 | 12 | 14 | 15 | 12 | 18 | 23 | 23 | 33 |
| EPS in Rs | 1.96 | 1.71 | 2.61 | 2.59 | 1.98 | 2.21 | 2.39 | 2.00 | 2.90 | 3.65 | 3.76 | 5.03 |
| Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|
| Sales | 307 | 430 | 600 | 737 |
| Expenses | 249 | 359 | 488 | 593 |
| Operating Profit | 59 | 70 | 112 | 144 |
| OPM % | 19% | 16% | 19% | 20% |
| Other Income | 5 | 12 | 10 | 9 |
| Interest | 4 | 3 | 6 | 8 |
| Depreciation | 4 | 5 | 19 | 23 |
| Profit before tax | 56 | 74 | 98 | 122 |
| Tax % | 30% | 29% | 22% | |
| Net Profit | 39 | 53 | 76 | 97 |
| EPS in Rs | 8.54 | 8.51 | 12.30 | 15.34 |
| Dividend Payout % | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | 64% | ||
| Compounded Profit Growth | % | % | % | 82% | ||
| Stock Price CAGR | % | % | % | 72% | ||
| Return on Equity | % | % | 17% | 14% |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 46 | 62 | 62 |
| Reserves | 84 | 436 | 512 |
| Borrowings | 87 | 33 | 187 |
| Other Liabilities | 40 | 63 | 171 |
| Total Liabilities | 257 | 595 | 932 |
| Fixed Assets | 82 | 85 | 314 |
| CWIP | 4 | 82 | 33 |
| Investments | 0 | 0 | 0 |
| Other Assets | 171 | 428 | 585 |
| Total Assets | 257 | 595 | 932 |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Cash from Operating Activity | 17 | 21 | -114 |
| Cash from Investing Activity | -64 | -279 | -34 |
| Cash from Financing Activity | 50 | 258 | 148 |
| Net Cash Flow | 3 | -0 | -0 |
| Free Cash Flow | -41 | -65 | -312 |
| CFO/OP | 54% | 61% | -82% |
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 62 | 79 | 106 |
| Inventory Days | 139 | 110 | 242 |
| Days Payable | 60 | 63 | 140 |
| Cash Conversion Cycle | 141 | 125 | 208 |
| Working Capital Days | 62 | 153 | 110 |
| ROCE % | 21% | 16% |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 70.79% | 70.79% | 70.79% | 70.79% | 70.79% | 70.79% | 70.79% | 65.69% |
| FIIs | 4.05% | 1.98% | 1.21% | 2.35% | 5.46% | 5.31% | 6.66% | 8.86% |
| DIIs | 7.46% | 8.18% | 6.28% | 6.06% | 6.21% | 6.35% | 6.39% | 8.33% |
| Public | 17.69% | 19.05% | 21.72% | 20.80% | 17.53% | 17.56% | 16.16% | 17.13% |
| No. of Shareholders | 87,558 | 73,898 | 85,306 | 82,769 | 75,244 | 83,766 | 83,713 | 91,234 |
Fundamentals
Market Cap₹ 9,446 Cr.
Current Price₹ 1,443
Stock P/E97.4
Book Value₹ 92.4
ROCE16.1 %
ROE14.3 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)64%
Compounded Profit Growth (TTM)82%
Consolidated figures.
Ownership
Promoter holding65.69% (-5.10 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | KRN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.9% | -2.8% | +3.7 pts |
| 1 month | -7.4% | -6.8% | -0.6 pts |
| 3 months | +16.5% | -7.6% | +24.1 pts |
| 6 months | +66.1% | +0.4% | +65.7 pts |
| 1 year | +65.3% | -9.9% | +75.2 pts |
30 mutual fund schemes hold about ₹332 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| WOC Flexi Cap Fund | 0.74% | 67 | |
| WOC Mid Cap Fund | 0.66% | 49 | |
| WOC Multi Cap Fund | 0.88% | 36 | |
| ITI Focused Fund | 5.36% | 34 | |
| Bank of India Aggressive Hybrid Fund | 1.07% | 22 | |
| WOC Special Opp Fund | 0.89% | 17 | |
| WOC Multi Asset Allocation Fund | 0.15% | 13 | |
| Bandhan Innovation Fund | 0.45% | 12 | |
| Bank of India Mid Cap Fund | 1.53% | 12 | |
| WOC Digital Bharat Fund | 2.04% | 11 | |
| WOC Balanced Advantage Fund | 0.40% | 9 | |
| Motilal Oswal Nifty Microcap 250 Index Fund | 0.35% | 9 | |
| Union Balanced Advantage Fund | 0.70% | 9 | |
| Union Multi Asset Allocation Fund | 0.70% | 7 | |
| Union Aggressive Hybrid Fund | 0.74% | 6 | |
| WOC ELSS Tax Saver Fund | 0.95% | 5 | |
| Bank of India Multi Asset Allocation Fund | 1.18% | 4 | |
| Union ELSS Tax Saver Fund | 0.50% | 4 | |
| WOC Aggressive Hybrid Fund | 0.28% | 2 | |
| Samco Small Cap Fund | 0.72% | 1 | |
| Samco Multi Cap Fund | 0.61% | 1 | |
| WOC Balanced Hybrid Fund | 0.34% | 1 | |
| Union Equity Savings Fund | 0.53% | 1 | |
| WOC Equity Savings Fund | 0.10% | 0 | |
| Groww Nifty Total Market Index Fund | 0.02% | 0 |
Red flags
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹252 Cr +119.1% vs Jun 2025.
Net profit ₹33 Cr +175.0%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 150perc in previous 12 monthsScrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of KRN Heat Exchanger and Refrigeration Ltd?
KRN Heat Exchanger and Refrigeration Ltd (KRN) has a market capitalisation of Rs 9,446 Cr. at the 2026-10-01 close.
What is the P/E ratio of KRN Heat Exchanger and Refrigeration Ltd?
KRN Heat Exchanger and Refrigeration Ltd trades at a P/E of 97.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were KRN Heat Exchanger and Refrigeration Ltd's latest quarterly results?
In the Jun 2026 quarter, KRN Heat Exchanger and Refrigeration Ltd sales was Rs 252 Cr (+119.1% vs Jun 2025) and net profit was Rs 33 Cr.
What is the 52-week high and low of KRN Heat Exchanger and Refrigeration Ltd?
The 52-week high is Rs 1,687.00 and the 52-week low is Rs 589.80.