KRN · NSE
KRN Heat Exchanger and Refrigeration Limited
₹1,446.2
+3.83% (+₹53.4)
Prev. close
₹1,392.8
Volume
2,45,619
Delivery %
56.4%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About KRN Heat Exchanger and Refrigeration Limited
KRN Heat Exchanger and Refrigeration Limited manufactures and sells heating ventilation and air conditioning (HVAC) parts and accessories in India and internationally. It offers condenser, chilled water, evaporator, floating type, fluid and steam, heating, sea water, and Ss coils; charge air, combi oil, converter offline oil, oil, transformer oil, water coolers, and radiators; refrigerator components, such as frost free evaporator, skin condenser, roll bond evaporator, wire on tube condenser, and aluminum tube; and complete HVAC systems, including adiabatic coolers, dry coolers, and LT-HT remote radiators. The company also provides micro channels, bus AC, and technical tubes; air cooling units, out door units, ammonia evaporator, and blast freezers; sheet metals comprising fabrication and powder coated parts, sheet metal components, and SS components; and tubings which include tubing/piping, U- and C- bend, headers, and I-Kit. In addition, it offers precision-engineered evaporator and condenser coils, bar and plate heat exchangers, and bus air-conditioning systems for original equipment manufacturers. The company was incorporated in 2017 and is based in Neemrana, India.
Details
Sector
Technology
Industry
Electronic Components
CEO
Mr. Santosh Kumar Yadav
Headquarters
Neemrana
Employees
574
Website
krnheatexchanger.comExchange
View on NSE ↗Key stats
Market cap
₹9,260.41 Cr
P/E ratio (TTM)
94.1
EPS (TTM)
₹15.04
Beta (1Y · daily vs NIFTY 50)
1.48
Shares float
2.01 Cr
EPS · quarter ended Jun 2026
₹5.20
Financial Performance
01 · Financials
FY23 growth needs FY22 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹247.30 Cr | ₹308.12 Cr | ₹429.85 Cr | ₹600.06 Cr | |
| EBITDA | ₹51.03 Cr | ₹62.55 Cr | ₹82.37 Cr | ₹122.62 Cr |
| ₹32.31 Cr | ₹39.39 Cr | ₹52.88 Cr | ₹76.47 Cr | |
| Diluted EPS | ₹6.93 | ₹8.45 | ₹9.75 | ₹12.3 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹148.76 Cr | ₹257.00 Cr | ₹595.00 Cr | ₹932.00 Cr | |
| ₹36.64 Cr | ₹86.96 Cr | ₹33.47 Cr | ₹187.31 Cr | |
| Stockholders' equity | ₹59.57 Cr | ₹130.00 Cr | ₹498.00 Cr | ₹574.00 Cr |
CWIP, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹5.07 Cr | ₹17.00 Cr | ₹21.00 Cr | ₹-114.00 Cr | |
| Investing cash flow | ₹-13.99 Cr | ₹-64.17 Cr | ₹-278.66 Cr | ₹-34.16 Cr |
| ₹11.01 Cr | ₹50.00 Cr | ₹258.00 Cr | ₹148.00 Cr | |
| Capital expenditure | ₹-14.00 Cr | ₹-69.79 Cr | ₹-151.01 Cr | ₹-247.53 Cr |
| End cash position | ₹7.46 Cr | ₹10.31 Cr | ₹10.26 Cr | ₹9.99 Cr |
Debt issued, Debt repaid, Dividends paid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 24–Sep 25(5Q) | Dec 25 | Mar 26 | Jun 26 | Jun 26 |
|---|---|---|---|---|---|
| Promoter | 70.79% | 69.62% | 70.79% | 67.22% | 65.69% |
| Public | 29.21% | 30.38% | 29.21% | 32.78% | 34.31% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Technology
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy Services Limited | ₹7.92 L Cr | ₹2,105 | 15.9 | 7.39 | 45.9% | 0.11 | +4.6% | -33.7% |
| Infosys Limited | ₹4.20 L Cr | ₹1,037.7 | 13.5 | — | 33.9% | 0.10 | +4.6% | -31.2% |
| HCL Technologies Limited | ₹3.40 L Cr | ₹1,249.3 | 19.5 | 4.53 | 22.1% | 0.07 | +11.2% | -16.4% |
| Wipro Limited | ₹1.65 L Cr | ₹166.4 | 13.5 | 1.86 | 14.9% | 0.23 | +4.0% | -34.5% |
| Tech Mahindra Limited | ₹1.38 L Cr | ₹1,537.1 | 27.0 | 4.67 | 16.2% | 0.07 | +7.2% | -0.9% |
| LTM Limited | ₹1.26 L Cr | ₹4,275.1 | 24.2 | 5.26 | 20.9% | 0.10 | +11.3% | — |
| One 97 Communications Limited | ₹1.13 L Cr | ₹1,849.9 | 175.9 | 7.05 | 3.5% | 0.01 | +21.5% | +50.5% |
| LG Electronics India Limited | ₹1.11 L Cr | ₹1,652.9 | 60.6 | 14.42 | 22.0% | 0.06 | +1.3% | — |
| Oracle Financial Services Software Limited | ₹1.01 L Cr | ₹11,896 | 29.7 | 12.93 | 33.7% | 0.00 | +12.1% | +29.7% |
| Persistent Systems Limited | ₹85,505.25 Cr | ₹5,416 | 44.7 | 10.91 | 23.8% | 0.06 | +23.5% | -2.7% |
| Dixon Technologies (India) Limited | ₹80,805.72 Cr | ₹13,005 | 43.3 | 17.28 | 30.8% | 0.21 | +25.8% | -29.1% |
| KRN Heat Exchanger and Refrigeration Limited | ₹9,139.31 Cr | ₹1,392.8 | 95.2 | 15.92 | 13.3% | 0.33 | +39.8% | +59.3% |
Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.
Documents
IPO documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
10 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
KRN Share Price Fall: Technical Setup and Sector Context
KRN Heat Exchanger and Refrigeration Limited's share price fell 5% to Rs 1,516, reducing its market capitalization to Rs 10,445.54 crore. The decline, with the opening price matching the day's high, suggests persistent selling pressure. Despite the fall, the stock remains near its 50-day moving average and well above its 200-day average, though its valuation remains high at 107.75 times earnings.