| Revenue growth | 38% consolidated YoY; 57% standalone YoY for FY26. |
|---|---|
| Margins | EBITDA margins improving; expecting PLI and RIFS state incentives. |
| Order book | ₹120cr+ export orders including data center components. |
| Demand visibility | Strong visibility from data centers and export markets (USA/Europe). |
| Management confidence | High; projecting 'highest ever' results for next 8 quarters. |
Growth
FY26 Consolidated: Revenue ₹610cr (+38% YoY), EBITDA ₹112cr (+60%), PAT ₹76cr (+45%).
Outlook
Targeting ₹2,250-2,850cr revenue by FY28. New facility utilization expected at 50% for FY27 and 80% for FY28.
Risks
Raw material price volatility (Copper/Aluminum), BIS import regulations, and high initial depreciation/overhead from new capacity.
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
- ₹1,381.80
- Market cap
- ₹8,589 Cr
- Revenue (annual)
- ₹600.1 Cr
- Net profit (annual)
- ₹76.47 Cr
- P/E (TTM)
- 88.6×Sector 41.4×
- Promoter holding
- 65.69%-5.10% QoQ
- FII holding
- 8.86%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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- Key figure
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