KRN Heat Exchanger and Refrigeration Limited

Capital Goods · Industrial Products

NSE: KRN BSE: 544263
₹1436.50
Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Industrial Products

The largest companies in the same industry by market cap. This company ranks #33 of 335. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

CompanyMarket cap (₹ Cr)PE (TTM)ROE1Y returnDiv. yieldQualityValuationMomentum
Cummins India Limited 131,947 57.8 27.9% 23.7% 1.39% 84 0 27
Polycab India Limited 120,900 43.0 22.3% 9.2% 0.59% 83 27 61
Welspun Corp Limited 71,672 81.9 17.2% 217.6% 0.18% 71 0 53
APL Apollo Tubes Limited 60,810 105.9 22.7% 26.5% — 68 0 51
Supreme Industries Limited 43,837 46.5 15.5% -17.6% — 76 0 49
KEI Industries Limited 42,590 42.7 13.8% 10.4% 0.10% 70 29 61
Astral Limited 36,816 56.6 13.2% -0.4% — 76 12 12
AIA Engineering Limited 36,106 27.9 15.8% 19.1% 0.41% 71 29 61
KRN Heat Exchanger and Refrigeration Limited (this stock) 9,403 120.7 13.3% 73.0% — 71 0 49

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value
₹9,492 Cr
EV / EBITDA
91.7x
EV / Sales
12.76x
Market cap / Sales
12.64x
Earnings yield
0.83%

Quarterly Financials

↑ Positive
Quarterly Revenue

Jun 2026 quarterly revenue is Rs 184 Cr, up 57.4% YoY.

Period endRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)Basic EPS
June 30, 2026 182 25 19 ₹2.9500
March 31, 2026 202 19 17 ₹2.7100
Dec. 31, 2025 136 20 15 ₹2.4300
Sept. 30, 2025 223 32 24 ₹3.8100
June 30, 2025 114 21 16 ₹2.5200
March 31, 2025 131 20 14 ₹2.2000
Dec. 31, 2024 104 18 13 ₹1.9300
Sept. 30, 2024 99 17 12 ₹2.6000

Quarterly income statement (standalone, ₹ Cr)

IndicatorJun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24
Total income (before exceptional items)184205141227117132107100
Operating revenue18220213622311413110499
Other income23443132
Operating expenses157184119194951118881
Operating profit2518173020201618
Operating profit margin13.6%8.9%12.8%13.2%17.3%15.5%15.5%17.8%
Depreciation11111111
Interest11111101
Exceptional items, gain / (loss)——0—————
Profit before tax2519203221201817
Tax62585655
Net profit—17152416141312
EPS2.952.712.433.812.522.201.932.60
Net profit (TTM)—71686654———
EPS (TTM)11.9011.4710.9610.469.25———

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year endedRevenue (₹ Cr)PBT (₹ Cr)Net profit (₹ Cr)
March 31, 2026 676 92 71
March 31, 2025 431 71 50

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

IndicatorCAGR 3YCAGR 5YMar 26Mar 25
Total income (before exceptional items) — — 690†—
Operating revenue — — 676431
Other income — — 14†—
Operating expenses — — 591†—
Operating profit — — 85†—
Operating profit margin — — 12.5%†—
Depreciation — — 3†—
Interest — — 4†—
Exceptional items, gain / (loss) — — 0†—
Profit before tax — — 9271
Tax — — 20†—
Net profit — — 7150
EPS — — 11.47†—

† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

RatioMar 26Mar 25
Operating margin12.5%†—
EBIT margin14.1%†—
PBT margin13.5%16.5%
Net margin10.5%11.6%
Interest coverage23.99x†—
Dividend payout——
Earnings retention——
Current ratio2.25x3.43x
Quick ratio1.77x2.39x
Debt to equity0.16x0.07x
Return on equity12.6%10.1%
Return on assets9.9%8.5%
Return on capital employed16.8%†—
Asset turnover0.94x0.73x

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year endedOperating (₹ Cr)Investing (₹ Cr)Financing (₹ Cr)Capex (₹ Cr)Free Cash Flow (₹ Cr)
March 31, 2026 3 -95 93 -0 3
March 31, 2025 40 -272 264 2 38

Balance Sheet (standalone)

Year endedTotal Assets (₹ Cr)Total Equity (₹ Cr)Reserves (₹ Cr)Borrowings, Current (₹ Cr)Borrowings, Non-current (₹ Cr)Current Assets (₹ Cr)Current Liabilities (₹ Cr)Cash & Equivalents (₹ Cr)Net Block (₹ Cr)Inventory (₹ Cr)
March 31, 2026 723 567 505 91 0 348 155 2 23 74
March 31, 2025 590 496 434 32 1 312 91 1 26 95

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.