| Revenue growth | 38.06% YoY for FY26. |
|---|---|
| Margins | EBITDA margin improved to 18.74% from 16.40% YoY. |
| Order book | Rolling-base; recent ₹20 Cr single PO for data center. |
| Demand visibility | Strong across data centers, railways, and industrial cooling. |
| Management confidence | High; citing pivotal phase and capacity expansion. |
Growth
FY26 Consolidated Revenue up 38.06% to ₹600.06 Cr; EBITDA up 59.52% to ₹112.48 Cr.
Outlook
FY27 targets: Plant II at ~50% utilization, Bus AC revenue ~₹160 Cr, and exports reaching 30-50%.
Risks
Raw material price volatility (Copper/Aluminium) and dependence on large OEM customers.
Earnings Call filed with NSE, NSE: KRN. Summary written with AI assistance from the document.
KRN Heat Exchanger and Refrigeration Ltd: key numbers
- Share price
- ₹990.60
- Market cap
- ₹6,157 Cr
- Revenue (annual)
- ₹600.1 Cr
- Net profit (annual)
- ₹76.47 Cr
- P/E (TTM)
- 53.5×Sector 46.8×
- Promoter holding
- 65.69%+0.00% QoQ
- FII holding
- 8.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from KRN Heat Exchanger and Refrigeration Ltd
All →KRN Heat Exchanger and Refrigeration Price Movement Clarification
KRN Heat Exchanger and Refrigeration clarified that the recent significant increase in share trading volume is purely market-driven. The company confirmed no undisclosed price-sensitive information is pending.
KRN Heat Exchanger and Refrigeration Earnings Call Transcript: Key Takeaways
KRN delivered explosive 110% YoY revenue growth, yet margins faced pressure from soaring freight and raw material costs. Management is pivoting heavily toward exports and high-margin data center cooling segments to sustain profitability.
- Call
- Guides 30% growth
KRN Heat Exchanger and Refrigeration Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹319.14 Cr (+109.86% YoY), PAT ₹36.11 Cr (+100.38%); H1 FY27 revenue ₹571.45 Cr (+113.75%). Growth levers: data-centre cooling, exports, liquid cooling.
KRN Heat Exchanger and Refrigeration Other Announcement
KRN Heat Exchanger filed its Reg 32 statement confirming no deviation in QIP fund use, with INR 349.99 Crore raised on 1 June 2026. The utilisation table reports no variation across the three objects.
KRN Heat Exchanger and Refrigeration Q2 FY27 Results: Net Profit ₹36.1 Cr, Up 100.6% YoY
KRN Heat Exchanger approved unaudited consolidated and standalone results for the quarter and half year ended September 30, 2026. Limited review reports from statutory auditors are enclosed.
- Key figure
- Net profit ₹36.1 Cr · +100.6% YoY
KRN Heat Exchanger and Refrigeration Board Meeting Date
KRN Heat Exchanger and Refrigeration Limited has scheduled a board meeting for October 29, 2026, to approve its unaudited financial results.