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
₹990.60
-10.76% 1W | +23.60% 52W
Market Cap
6.5k CR
P/E Ratio
54.7
52W High
₹1687
52W Low
₹589.8
Div. Yield
0%
Beta
1
50 DMA
₹1319.2
200 DMA
₹1174.9
Profit Margin
12.7%
Inst. Own.
9.2%
⚠️ BREAKDOWN
⚠️ 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 | 487 | 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%
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%
Promoters65.69%
FIIs8.98%
DIIs7.98%
Public17.35%
Promoters70.79%
FIIs1.21%
DIIs6.28%
Public21.72%
Promoters70.79%
FIIs6.66%
DIIs6.39%
Public16.16%
Promoters65.69%
FIIs8.98%
DIIs7.98%
Public17.35%
KRN
Holdings Analysis
Key strengths & risk signals
69
Overall
81
Fundamental
57
Technical
Risks (4)
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
WEAK POSITION! Current price (1110.1) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 21.4% (1 week), 23.2% (1 month), 11.6% (3 months).
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 259,090 vs down days: 420,095. Ratio: 0.62x
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (1457.3) is above 200-day average (1139.7) - positive signal.
GOOD YEAR! Stock gained 34.2% in the last year.
OVERSOLD! RSI at 26.1 - potential bounce opportunity.
Fundamental & Technical Analysis
69Overall
81Fundamental
57Technical
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
7/10
OVERVALUED! PEG of 2.15 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 (1457.3) is above 200-day average (1139.7) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (1110.1) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
10/10
GOOD YEAR! Stock gained 34.2% in the last year.
Volume Sentiment
10/30
BEARISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 259,090 vs down days: 420,095. Ratio: 0.62x
RSI
5/5
OVERSOLD! RSI at 26.1 - potential bounce opportunity.
52W Range
3/5
MID RANGE! Trading at 47.4% of 52W range - neutral zone.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 21.4% (1 week), 23.2% (1 month), 11.6% (3 months).
Beta
4/5
BELOW MARKET! Beta of 0.80 - slightly less volatile than 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 | ₹990.60 | 54.7 | 12.7% | 34.4% | 33.3% | +23.6% | 69 | BREAKDOWN | – | +9.7% | +109.8% | +26.5% |
| CENTUM | ₹4,157.60 | 177.3 | 6.7% | 2.4% | – | +75.0% | 60 | CONSOLIDATING UP | +458.5% | -78.3% | +58.5% | +53.2% |
| AVALON | ₹2,039.90 | 102.4 | 7.6% | 19.3% | 29.1% | +82.5% | 74 | BREAKDOWN | +145.8% | -15.3% | +49.8% | +0.9% |
| PGEL | ₹564.50 | 75 | 3.6% | 33.8% | 36.4% | +6.6% | 70 | CONSOLIDATING DOWN | +389.3% | -82.0% | +42.5% | -54.1% |
| IKIO | ₹196.10 | 31.8 | 7.2% | 18.4% | -8.9% | -1.6% | 69 | BREAKDOWN | +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 | ₹3,382.00 | 65.9 | 8.9% | 47.7% | 56.4% | -48.9% | 62 | HIT RESISTANCE | -24.4% | -38.2% | +40.5% | -23.9% |
| SYRMA | ₹1,514.00 | 69.2 | 6.7% | 32.8% | 38.6% | +75.9% | 76 | BREAKDOWN | +83.0% | +17.2% | +73.1% | +24.9% |
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
