KRN HEAT EXCHANGE N REF L
Latest filings
Next results: Thu, 29 Oct · Financial Results- KRN to hold Q2 and H1 FY27 earnings call on October 30 · Board & Shareholder Meetings
- Board to approve September 2026 quarterly and half-year results · Board & Shareholder Meetings
- Reg 74(5) compliance certificate filed for Q2 FY27 · Compliance
Snapshot
What the business is, and whether it's a good one at a fair price.
Makes heat exchangers, HVAC coils and related cooling products for B2B customers across data centers, industrial cooling, transport applications and refrigeration, operating through a wholly-owned subsidiary (KRN HVAC Products) that runs a new Neemrana facility. India contributes 86.4% of segment revenue at Rs. 583.94 cr in FY26 and overseas 13.6% at Rs. 92.29 cr; India generated Rs. 95.89 cr of segment EBIT while overseas recorded zero EBIT. A new Neemrana HVAC plant was commissioned in March 2026 at roughly 6x existing capacity, sitting at 15% utilization in FY26 and targeted at 50% in FY27 and 80% in FY28. Data center cooling made up 16% of FY26 revenue with a target of around 19% in FY27, and vendor approval from Vertiv has been completed. Bus AC has been entered as a new line, scaling from Rs. 10 cr in FY26 to a target of Rs. 150 cr and 15% market share in FY27, alongside a railway bar-and-plate heat exchanger approval with three tenders already won. Exports carry an opening order book of Rs. 120 cr with management targeting near-doubling of FY26's Rs. 100 cr exports, led by North America, UAE and Europe. Materials are the largest operating cost at 40.5% of revenue and capex runs at 41.3%, reflecting the heavy expansion phase.
Scorecard
Measured from the filed financials · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
KRN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
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Financials
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Ownership
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Common questions
Answered from KRN HEAT EXCHANGE N REF L's filed financials and exchange disclosures
What does KRN HEAT EXCHANGE N REF L do?
KRN HEAT EXCHANGE N REF L is listed on NSE and BSE, trading under the symbol KRN.
Is KRN HEAT EXCHANGE N REF L profitable?
Yes. Over the trailing twelve months KRN HEAT EXCHANGE N REF L reported a net profit of ₹97 Cr on revenue of ₹737 Cr.
Does KRN HEAT EXCHANGE N REF L pay a dividend?
Not in the latest reported year — KRN HEAT EXCHANGE N REF L's dividend payout for FY26 was nil.
Is KRN HEAT EXCHANGE N REF L debt-free?
No. It reported borrowings of ₹187 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹177 Cr after cash. Debt stands at 0.33× equity.
How much does the KRN HEAT EXCHANGE N REF L share price move in a day?
On a typical session KRN HEAT EXCHANGE N REF L moves 1.87% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.
When are KRN HEAT EXCHANGE N REF L's next results?
Financial Results on Thu, 29 Oct. MarketPing alerts you on WhatsApp the moment the filing lands.
Where can I track KRN HEAT EXCHANGE N REF L's announcements?
Every NSE and BSE filing by KRN HEAT EXCHANGE N REF L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.