KRN Heat Exchanger And Refrigeration Ltd. Share Price

Overview

KRN Heat Exchanger And Refrigeration Ltd. share price is currently ₹1,580.17, up by ₹18.48 (1.18%) from its previous closing price of ₹1,561.69. The share price has gained 14.17% over the past month and gained 84.33% over the past year. The stock's 52-week low and high are ₹578.06 and ₹1,667.30, respectively. KRN Heat Exchanger And Refrigeration Ltd. has a market capitalisation of ₹ 10,330.00 Cr. The share price was last updated on 11 Sep 2026, 03:54 PM IST.

KRN Heat Exchanger And Refrigeration Ltd.
KRN Heat Exchanger And Refrigeration Ltd.
KRN
 0.00
 18.48
1.18%
Capital Goods
 0.00(%)1D

Updated: 11 Sep 2026, 03:54:32 pm IST

Market Data

Open Price

 1,571.39

Prev. Close

 1,561.69
 1,517.31

Day Low

 1,597.51

Day High

 578.06

52 Week Low

 1,667.30

52 Week High

Capital GoodsEngineering - Industrial Equipments
CategorySmall Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

103.08

Sector PE

49.02

PB Ratio

17.11

Sector PB

7.06

EPS

15.33

Dividend Yield

0.00

Today's Volume

187.929 K

5 Day Avg. Volume

200.118 K

PEG Ratio

2.31

Market Cap.

₹ 10,330.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

Corporate Actions will be available shortly.

Mutual Fund Ownership

Mutual Fund Holder
Jul 26
Shares held
Aug 26
Shares held
WhiteOak Capital Flexi Cap Fund - Regular Plan - Growth4.55 Lac
4.55 Lac
no change
WhiteOak Capital Mid Cap Fund - Regular Plan - Growth3.16 Lac
3.16 Lac
no change
WhiteOak Capital Multi Cap Fund - Regular Plan - Growth2.48 Lac
2.48 Lac
no change
Bank of India Aggressive Hybrid Fund - Regular Plan - Growth1.42 Lac
1.42 Lac
no change
WhiteOak Capital Special Opportunities Fund - Regular Plan - Growth86.43 k
1.11 Lac
(28.36%)

About KRN Heat Exchanger And Refrigeration Ltd. 👋

KRN Heat Exchanger & Refrigeration Limited is a manufacturer in the heat ventilation air conditioning and refrigeration (HVAC&R) industry, specialized in fin and tube type heat exchangers. The Company produces a diverse range of heat exchangers, including condenser coils, evaporator units, evaporator coils, fluid and steam coils, and sheet metal parts. These products are customized in various shapes and sizes, with heat exchanger tube diameters ranging from five millimeters (mm) to 15.88mm. Its products are used in various applications, including residential and commercial HVAC systems, precision air conditioning, data center cooling, automotive air conditioning, and defense air conditioning systems. The Company manufactures components for commercial refrigeration, beverage coolers, chest freezers, and vending machines. The Company's heat exchangers are also used in process cooling applications in civil construction, as well as in white goods such as washing machines and dryers.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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Neha

Neha

5 Sep • 6:31 PM · SEBI-Registered Analyst

7 Things Every Investor Should Know Before Investing

Smart Investing in the Stock Market A smart investor focuses on research, risk management, valuation and discipline. Before investing in any company, it is important to understand its business, financial performance, revenue and profit growth, debt levels, cash flows, valuation and future growth potential. Research Before You Invest A stock may be rising rapidly, but that does not necessarily mean it is a good investment. Investors should analyse the company's fundamentals and understand whether its current valuation is supported by its earnings and growth prospects. Manage Your Risk

KRN
Even a fundamentally strong company can experience short-term volatility. Therefore, investors should avoid putting their entire capital into a single stock or sector. Capital protection should always remain a priority. Don't Chase Market Hype Social media is full of “multibagger” calls, guaranteed-return claims and short-term predictions. Investors should not make financial decisions purely based on such claims. Instead, focus on facts, research and your own financial objectives. Think Long Term Wealth creation requires patience. Market corrections and volatility are part of investing. A disciplined investor focuses on the quality of the business rather than reacting emotionally to every market movement. The goal is not to predict every market move. The goal is to make informed decisions consistently. Final Thought Research + Risk Management + Patience + Discipline = Smarter Investing The stock market is not a shortcut to wealth ! — Neha Gupta SEBI Registered Research Analyst | Wealth Magnet Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Securities market investments are subject to market risks. Investors should consider their financial goals and risk profile before making investment decisions.

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CA Barkha Kamra

CA Barkha Kamra

3 Sep • 1:07 AM · SEBI-Registered Analyst

KRN Heat Exchanger: ₹350 Cr QIP for 6X Expansion

KRN
is set to raise ₹350 crore through a Qualified Institutional Placement (QIP) to fund a major capacity expansion at its Neemrana facility. The company plans to scale capacity by nearly six times to more than 6 million units annually, positioning itself to capture rising demand across high-growth industrial segments. The expansion is expected to strengthen KRN’s manufacturing capabilities and improve its ability to cater to large, technology-intensive customers. Beyond its existing HVAC and cooling applications, the company is targeting data centres, defence, railways and semiconductor cooling as key next-generation growth vectors. These sectors are witnessing increasing investments in India, driven by digital infrastructure, localisation, defence manufacturing, railway modernisation and semiconductor ecosystem development. The planned capacity addition could therefore provide KRN with a broader addressable market and greater operating leverage as utilisation ramps up. The QIP-funded expansion also indicates management’s focus on building scale ahead of anticipated demand, although execution timelines, capex efficiency and the pace of customer wins will remain important factors to monitor. Overall, the move could materially enhance KRN’s long-term revenue potential and diversify its growth beyond conventional HVAC applications.

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TrueNorth Capital

TrueNorth Capital

1 Sep • 11:10 PM · SEBI-Registered Analyst

KRN Heat Exchanger: Capacity Expansion Drive Growth

KRN
experienced a strong start to the fiscal year, with revenue more than doubling (up 119% YoY) and PAT surging 165% to Rs 32.9 crore. This growth was driven by meaningful contributions from its newly operational KRN HVAC facility alongside core heat-exchanger operations. Accelerated Export Market Penetration: Overseas shipments jumped 177% YoY across 14 countries, led by North America and Europe. Management targets doubling export revenues to Rs 200 crore in FY27, aiming for exports to ultimately represent 50% of its fin-and-tube business segment. Expansion into High-Growth Segments: The company is actively diversifying beyond traditional HVAC cooling into bar-and-plate products, bus ACs, data center liquid cooling, and railway HVAC systems. It has already secured L1 status in a Chittaranjan Locomotive Works tender and expanded its footprint in automotive cooling. Government Incentive and Margin Boosts: KRN expects to qualify for Production Linked Incentive (PLI) benefits once fin-and-tube revenue hits Rs 400 crore by late FY27. Combined with operational efficiencies, consolidated EBITDA margins are projected to stay above 20%. Optimistic Revenue Targets & Valuation: Supported by a robust order pipeline, management aims for Rs 2,000 crore in revenue at ~80% capacity utilization by FY28. While trading at a premium valuation (~53x FY28E earnings), the stock's valuation is backed by strong execution and market expansion.

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Neha

Neha

19 Aug • 10:24 AM · SEBI-Registered Analyst

📊 Q1 FY27: Growth Numbers That Deserve Attention 👀

📊 Q1 FY27: Growth Numbers That Deserve Attention 👀 Q1 FY27 earnings season mein kuch companies ne Sales aur Profit growth ke impressive numbers report kiye. Yeh stocks apni strong YoY performance ki wajah se meri watchlist mein aaye: 🔹 Lloyds Metals — Sales +210% | Profit +395% 🔹 E2E Networks — Sales +333% | Profit +193%

E2E
🔹 Diamond Power — Sales +133% | Profit +223% 🔹 ideaforge — Sales +435% | Profit +135% 🔹 Neuland Labs — Sales +120% | Profit +225% 🔹 HFCL — Sales +120% | Profit +280% 🔹 Eternal — Sales +182% | Profit +194% 🔹 Cupid — Sales +143% | Profit +168% 🔹 Netweb Technologies — Sales +172% | Profit +96% 🔹 RateGain Travel — Sales +188% | Profit +98% 🔹 Refex Industries — Sales +160% | Profit +120% 🔹 Tilaknagar Industries — Sales +155% | Profit +65% 🔹 MTAR Technologies — Sales +130% | Profit +70% 🔹 KRN Heat Exchanger — Sales +120% | Profit +104% 🔹 Knowledge Marine — Sales +138% | Profit +83% 📈 The bigger picture: Triple-digit growth in revenue and earnings can indicate strong business momentum — but growth alone doesn’t make a stock attractive. Valuation, margins, cash flows, debt, order book and future growth visibility also matter. 🎯 Which of these companies would you track more closely after Q1 FY27 results? 👇 Comment your pick. This post is for educational and informational purposes only and should not be considered investment advice. #StockMarket #IndianStocks #Q1FY27 #StockAnalysis #GrowthStocks #Investing #IndianStockMarket

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AASHISH RA

AASHISH RA

14 Aug • 2:19 PM · SEBI-Registered Analyst

KRN Heat Exchanger & Refrigeration Ltd. — SWOT Analysis

KRN
Strengths Strong revenue growth FY26 consolidated revenue reached approximately ₹600 crore, indicating continued strong business expansion. Improving profitability FY26 consolidated PBT was approximately ₹97.96 crore, compared with ₹74.32 crore in FY25. Strong HVAC industry positioning KRN manufactures heat exchangers and related HVAC/refrigeration products, benefiting from demand from air-conditioning, cold-chain, industrial and infrastructure applications. 🟠 Weaknesses Customer concentration risk Historically, a significant portion of revenue has come from a limited number of customers. This can create bargaining-power and revenue-concentration risks. Raw-material dependence KRN has identified dependence on imported raw materials as a weakness, exposing the company to supply-chain disruption and currency movements. High inventory requirement The company itself has highlighted increasing inventory as a concern because it can result in sub- 🔵 Opportunities Rapid HVAC market growth Rising cooling demand in India, increasing urbanisation and greater penetration of air conditioning provide a favourable long-term industry environment. Data centres & infrastructure Expansion of data centres, commercial buildings, healthcare facilities and industrial infrastructure should increase demand for efficient cooling systems. 🔴 Threats High valuation risk KRN's share valuation has been a major market concern; high PE multiples leave the stock vulnerable to sharp corrections if earnings growth disappoints. Raw-material price volatility Aluminium, copper and other input-cost movements can affect margins. Foreign-exchange risk

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Harsh Vardhan

Harsh Vardhan

13 Aug • 8:41 AM · SEBI-Registered Analyst

KRN Heat Exchanger is a fast-growing manufacturer of heat exchangers, condenser/evaporator coils and HVAC&R components.

KRN
KRN Heat Exchanger is a fast-growing manufacturer of heat exchangers, condenser/evaporator coils and HVAC&R components, benefiting from rising cooling demand, industrial capex, data centers and exports. FY26 consolidated revenue reached ₹600.1 crore, up ~40% YoY, while EBITDA rose 59.5% to ₹112.5 crore and PAT increased 44.6% to ₹76.5 crore. Latest News: Q4 FY26 revenue grew 36.5% YoY to ₹179.5 crore, with PAT rising 57.1% to ₹23.4 crore. The company is benefiting from healthy domestic/export demand and capacity expansion. A recent domestic order worth about ₹50.9 crore for heat-exchanger coils provides additional order visibility. With strong growth, improving margins, export opportunities and increasing demand from HVAC, refrigeration and data-center cooling, KRN offers attractive structural growth potential; however, valuation, execution and raw-material price volatility remain key risks.

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