| Management target | Revenue 30.0% FY28 |
|---|
| Revenue growth | 110% YoY growth to ₹319 Cr in Q2 FY27. |
|---|---|
| Margins | EBITDA margin at 15.27%; pressure from freight and raw material costs. |
| Order book | Rolling order book; data center H1 achievement reached ₹180 Cr. |
| Demand visibility | Strong visibility in data centers and international HVAC markets. |
| Management confidence | Confident, focusing on 80% utilization and export expansion by FY28. |
Growth
Revenue jumped 110% YoY to ₹319 Cr; H1 revenue surged 114% to ₹571 Cr, driven by data centers and exports.
Outlook
Management raised FY27 revenue guidance to ₹1,250 Cr from ₹1,200 Cr, citing strong export demand.
Risks
Rising commodity prices and elevated freight costs for exports are squeezing gross margins by 400bps.
Earnings Call Transcript filed with NSE, NSE: KRN. Summary written with AI assistance from the document.
KRN Heat Exchanger and Refrigeration Ltd: key numbers
- Share price
- ₹1,147.20
- Market cap
- ₹7,131 Cr
- Revenue (annual)
- ₹600.1 Cr
- Net profit (annual)
- ₹76.47 Cr
- P/E (TTM)
- 62.0×Sector 45.2×
- 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 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.
KRN Heat Exchanger and Refrigeration Other Announcement
The company has filed its quarterly shareholding pattern for the period ended 30 September 2026. This is a standard regulatory disclosure.
KRN Heat Exchanger and Refrigeration Annual General Meeting
KRN Heat Exchanger and Refrigeration Limited conducted its 9th Annual General Meeting on September 25, 2026. Shareholders transacted ordinary and special business items.