KRN Heat Exchanger and Refrigeration Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
KRN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
KRN Heat Exchanger reported strong full-year FY26 results with consolidated revenue of ₹60,006 Lakhs, up ~40% from ₹42,985 Lakhs in FY25, driven by growth in both domestic and overseas segments (exports ~₹9,946 Lakhs). Consolidated PAT surged 44.6% to ₹7,647 Lakhs from ₹5,288 Lakhs. EBITDA margins remain healthy at ~16%. The company appointed Mr. Pawan Nawal as CFO and re-designated Mr. Sonu Gupta as GM Finance. IPO proceeds of ₹31,112 Lakhs are fully deployed, with ₹23,576 Lakhs invested in the subsidiary's new Neemrana manufacturing facility. A prior period item of ₹39.71 Lakhs was recorded. One subsidiary (Thermotech Research) reported a net loss of ₹94.97 Lakhs. Auditors issued an unmodified opinion with no qualifications.
Revenue growth of ~40% YoY and PAT growth of ~45% YoY are strong signals of operational expansion, likely driven by new manufacturing capacity and market share gains in the HVAC&R sector. The appointment of a new CFO and expansion-related investments indicate the company is scaling up post-IPO. Investors should monitor the working capital intensity (negative operating cash flow) and subsidiary losses.