| Revenue growth | 119% YoY consolidated growth in Q1 FY27. |
|---|---|
| Margins | Consolidated EBITDA margin improved to 19.44% from 15.26% YoY. |
| Demand visibility | Strong domestic demand and growing international acceptance. |
| Management confidence | High, citing strong business model and growing demand. |
Growth
Consolidated Revenue surged 119% to ₹252.32 Cr; PAT grew 165% to ₹32.90 Cr. Export revenue increased 177% YoY.
Outlook
Focus on building scale and deepening presence in high-potential markets. Recent acquisition of Sphere Refrigeration's Bus AC Division.
Risks
Risk of exposure to international market fluctuations and performance of the Indian economy.
Last quarter's promises, checked
Delivered
- Guided 50% capacity utilization for new facility in FY27 → delivered 119% revenue growth in Q1 FY27 (= BEAT)
- Guided export growth → delivered 177% YoY export revenue growth (= BEAT)
- Guided EBITDA margin improvement → delivered 19.44% vs 15.26% YoY (= BEAT)
Partly delivered
- Guided entry into Bus AC segment → delivered acquisition of Sphere Refrigeration's Bus AC Division (= PARTIAL)
Investor Presentation 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.