KRN
KRN Heat Exchanger and Refrigeration Limited (KRN) Stock Analysis
KRN Heat Exchanger and Refrigeration Limited makes heat exchangers and refrigeration components for HVAC and industrial cooling. Its products support air-conditioning and process plants. The company supplies OEMs and project customers. It is a listed thermal equipment maker.
Technology › Electronic Components
₹1,381.80
-4.45% 1W | +68.70% 52W
Market Cap
9.0k CR
P/E Ratio
89.6
52W High
₹1687
52W Low
₹589.8
Div. Yield
0%
Beta
–
50 DMA
₹1405.1
200 DMA
₹1087.7
Profit Margin
13.2%
Inst. Own.
8.1%
📊 CONSOLIDATION
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 71 | 66 | 82 | 96 | 91 | 111 | 132 | 115 | 152 | 153 | 179 | 252 |
| Expenses | 58 | 54 | 64 | 78 | 73 | 96 | 113 | 98 | 122 | 122 | 146 | 203 |
| Operating Profit | 13 | 12 | 18 | 18 | 18 | 16 | 19 | 18 | 30 | 31 | 34 | 49 |
| OPM % | 19% | 18% | 21% | 18% | 20% | 14% | 14% | 15% | 20% | 20% | 19% | 19% |
| Other Income | 1 | 1 | 2 | 1 | 1 | 5 | 4 | 4 | 2 | 2 | 2 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 6 | 6 | 6 |
| Profit before tax | 12 | 11 | 17 | 17 | 17 | 19 | 21 | 18 | 27 | 26 | 27 | 42 |
| Tax % | 29% | 29% | 30% | 29% | 29% | 28% | 30% | 32% | 33% | 12% | 13% | 22% |
| Net Profit | 9 | 8 | 12 | 12 | 12 | 14 | 15 | 12 | 18 | 23 | 23 | 33 |
| EPS in Rs | 1.96 | 1.71 | 2.61 | 2.59 | 1.98 | 2.21 | 2.39 | 2.00 | 2.90 | 3.65 | 3.76 | 5.03 |
| Metric | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| Sales | 307 | 430 | 600 | 737 |
| Expenses | 249 | 359 | 488 | 593 |
| Operating Profit | 59 | 70 | 112 | 144 |
| OPM % | 19% | 16% | 19% | 20% |
| Other Income | 5 | 12 | 10 | 9 |
| Interest | 4 | 3 | 6 | 8 |
| Depreciation | 4 | 5 | 19 | 23 |
| Profit before tax | 56 | 74 | 98 | 122 |
| Tax % | 30% | 29% | 22% | |
| Net Profit | 39 | 53 | 76 | 97 |
| EPS in Rs | 8.54 | 8.51 | 12.30 | 15.34 |
| Dividend Payout % | 0% | 0% | 0% |
Shareholding Pattern
Promoters70.79%
FIIs2.35%
DIIs6.06%
Public20.80%
Promoters70.79%
FIIs5.46%
DIIs6.21%
Public17.53%
Promoters70.79%
FIIs5.31%
DIIs6.35%
Public17.56%
Promoters70.79%
FIIs6.66%
DIIs6.39%
Public16.16%
Promoters65.69%
FIIs8.86%
DIIs8.33%
Public17.13%
Promoters70.79%
FIIs1.21%
DIIs6.28%
Public21.72%
Promoters70.79%
FIIs6.66%
DIIs6.39%
Public16.16%
Promoters65.69%
FIIs8.86%
DIIs8.33%
Public17.13%
KRN
Holdings Analysis
Key strengths & risk signals
75
Overall
79
Fundamental
71
Technical
Risks (3)
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
RECOVERY MODE! Current price (1381.8) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - -4.5% (1 week), -8.6% (1 month), 16.0% (3 months).
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (1405.1) is above 200-day average (1087.7) - positive signal.
EXCELLENT YEAR! Stock gained 68.7% in the last year.
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 281,116 vs down days: 221,583. Ratio: 1.27x
Fundamental & Technical Analysis
75Overall
79Fundamental
71Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 34.4% (EXCELLENT, 15/15). Profit CAGR: 33.3% (EXCELLENT, 15/15).
Profit Margin
5/10
DECENT EFFICIENCY! 13.2% profit margin - acceptable profitability.
PEG Valuation
5/10
OVERVALUED! PEG of 2.69 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.07 - excellent financial health.
Public Holding
16/20
LESS PUBLIC HOLDING! 17.69% public ownership - good institutional/promoter control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (1405.1) is above 200-day average (1087.7) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (1381.8) above 200-day but below 50-day.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
10/10
EXCELLENT YEAR! Stock gained 68.7% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 15 up days, 15 down days. Avg volume on up days: 281,116 vs down days: 221,583. Ratio: 1.27x
RSI
3/5
NEUTRAL! RSI at 42.5 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 72.2% of 52W range - positive territory.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -4.5% (1 week), -8.6% (1 month), 16.0% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
KRN
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-05-20 | Concall PDF | |
| Q3FY262026-02-12 | Concall PDF | |
| Q2FY262025-11-10 | Concall PDF |
Peer Comparison
Technology · Electronic Components · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KRN | ₹1,381.80 | 89.6 | 13.2% | 34.4% | 33.3% | +68.7% | 75 | BREAKDOWN | +165.3% | +40.6% | +118.8% | +40.6% |
| CENTUM | ₹4,802.30 | 75.2 | 5.6% | 2.4% | – | +84.8% | 68 | BREAKOUT | +2,244.4% | +6,493.8% | +14.5% | -40.0% |
| PGEL | ₹518.50 | 72.5 | 3.5% | 33.8% | 36.4% | +1.3% | 71 | BREAKDOWN | +13.7% | +17.4% | +35.2% | +18.5% |
| AVALON | ₹2,328.50 | 116.9 | 7.6% | 19.3% | 29.1% | +146.0% | 76 | BREAKDOWN | +145.8% | -15.3% | +49.8% | +0.9% |
| IKIO | ₹205.40 | 34.9 | 7.2% | 18.4% | -8.9% | -4.5% | 66 | APPROACHING SUPPORT | +414.3% | -34.5% | +41.0% | +2.4% |
| MICEL | ₹33.40 | – | -5.5% | 220.5% | – | -48.1% | 55 | BREAKDOWN | +23.5% | -111.5% | +276.7% | -14.0% |
| KAYNES | ₹3,650.00 | 71.2 | 8.9% | 47.7% | 56.4% | -52.9% | 67 | CONSOLIDATING UP | -24.4% | -38.2% | +40.5% | -23.9% |
| SYRMA | ₹1,732.60 | 90 | 6.7% | 32.8% | 38.6% | +111.6% | 85 | BREAKOUT | +101.4% | -1.1% | +68.3% | +8.4% |
Data from TradeAlone · Updated daily
KRN News
KRN Heat Exchanger and Refrigeration Limited (NSE: KRN) breaks out, moves up 5% intraday2026-08-17KRN Heat Exchanger and Refrigeration Limited (NSE: KRN) breaks out, moves up 5% intraday2026-08-14Krn Heat Exchanger and Refrigeration Limited (NSE: KRN) Reports Robust Q1 FY27 with Triple-digit Growth2026-08-13KRN Heat Exchanger and Refrigeration Limited (NSE: KRN) gains 5% intraday, nears resistance at ₹12992026-08-11KRN Heat Exchanger and Refrigeration Limited (NSE: KRN) breaks out, gains 5% intraday2026-07-15KRN Heat Exchanger and Refrigeration Limited (NSE: KRN) breaks out, gains 5% intraday2026-06-29
