KRN Heat Exchanger and Refrigeration financials

·Capital Goods & DefenceChart ›
Latest results Q2 FY27 · Jul–Sep 2026
Revenue
₹319cr+109.9% on Q2 FY26
Net profit
₹36.1cr+100.4% on Q2 FY26
EBITDA margin
15.3%−4.6 pts on Q2 FY26
EPS
₹5.52+90.3% on Q2 FY26

Quarterly results

Every quarter ›
₹ croreQ2 FY27Q2 FY26Change
Revenue319152+109.9%
EBITDA48.730.3+61.1%
EBITDA margin15.3%19.9%−4.6 pts
Profit before tax45.926.9+70.2%
Net profit36.118.0+100.4%
EPS₹5.52₹2.90+90.3%

Over time

Q2 FY27 · Jul–Sep 2026latest
Revenue₹319 crNet profit₹36.1 crNet margin11.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025
67,668——
17210.010.3
18718733.5
67,683——
904600430
—+39.6%—
16211270.5
18.0%18.7%16.4%
13793.765.9
11576.552.9
12.7%12.7%12.3%
₹2.00₹1.33₹0.92
—+44.6%—
—−11424.7
—−248−8.3
−361−36116.4
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

KRN₹1,178.90

KRN Heat Exchanger and Refrigeration Ltd.

· Capital Goods & Defence
₹ CrorePeersKSBLLOYDSENGGKIRLPNUKIRLOSBROSMAHSEAMLESJAYNECOINDMIDHANIINOXINDIAMcap ₹67,668 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization——67,668.2
- Cash, Equiv & ST Investments10.310.0172.5
+ Total Debt33.5187.3187.3
Enterprise Value——67,683.1
Revenue429.8600.1904.2
Growth %, YoY—+39.6—
EBITDA70.5112.5162.4
Margin %16.4018.7417.97
EBIT65.993.7136.9
Net Income52.976.5115.0
Margin %12.3012.7412.72
EPS, Adj (current shares)0.921.332.00
Growth %, YoY—+44.6—
Cash from Operations24.7-113.8—
Capital Expenditures-8.3-247.5—
Free Cash Flow16.4-361.3-361.3
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

KRN Heat Exchanger and Refrigeration financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

KRN Heat Exchanger and Refrigeration (NSE: KRN) had a market capitalisation of ₹7,904 crore at the 29 October 2026 close (₹1,207.50 a share), a PE ratio of 68.7 on the last four quarters' profit and a price-to-book ratio of 8.03. In FY26 its consolidated net profit was ₹76.5 crore on revenue of ₹600 crore; in Q2 FY27 (July–September 2026) it was ₹36.1 crore, up 100.4% year on year. Its debt-to-equity ratio was 0.16 on 30 September 2026. Promoters held 65.69% of the shares on 30 September 2026.

Share price used
₹1,207.50 · 29 October 2026 close
Latest balance sheet
30 September 2026
Shareholding pattern
30 September 2026

KRN Heat Exchanger and Refrigeration at a glance · consolidated

Market cap
₹7,904 Crat ₹1,207.50 · 29 Oct close
PE ratio (last 4 quarters)
68.7103.4 on FY26 profit
Price to book (PB)
8.03book value ₹150.36 a share
ROE (FY26)
14.3%ROCE 17.4%
Debt to equity
0.16net cash ₹32.5 Cr
Promoter holding
65.69%unchanged vs 30 Jun 202630 September 2026
Net worth
₹984 Cr+86.3% vs 30 Sep 202530 September 2026
Free cash flow (FY26)
−₹361 Cr
EPS (FY26)
₹12.30

Questions

What is the KRN Heat Exchanger and Refrigeration PE ratio today?

KRN Heat Exchanger and Refrigeration's PE ratio is 68.7 at the 29 October 2026 close (₹1,207.50 a share): a market capitalisation of ₹7,904 crore divided by consolidated net profit of ₹115 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹76.5 crore) it is 103.4.

What is the KRN Heat Exchanger and Refrigeration PB ratio (price to book value)?

KRN Heat Exchanger and Refrigeration's price-to-book (PB) ratio is 8.03 at the 29 October 2026 close: a market capitalisation of ₹7,904 crore divided by shareholders' equity (book value) of ₹984 crore on 30 September 2026. That is a book value of ₹150.36 per share against a share price of ₹1,207.50.

What is the KRN Heat Exchanger and Refrigeration net worth?

KRN Heat Exchanger and Refrigeration's net worth — shareholders' equity in its consolidated balance sheet — was ₹984 crore on 30 September 2026, up 86.3% from ₹528 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,904 crore at the 29 October 2026 close.

What is the KRN Heat Exchanger and Refrigeration market cap?

KRN Heat Exchanger and Refrigeration's market capitalisation was ₹7,904 crore at the 29 October 2026 close: 6.55 crore shares at ₹1,207.50 each.

What is the KRN Heat Exchanger and Refrigeration debt to equity ratio?

KRN Heat Exchanger and Refrigeration's debt-to-equity ratio was 0.16 on 30 September 2026: borrowings of ₹153 crore against total equity of ₹984 crore. A year earlier, on 30 September 2025, it was 0.06.

What is the KRN Heat Exchanger and Refrigeration EPS?

KRN Heat Exchanger and Refrigeration's basic earnings per share (EPS) were ₹12.30 in FY26, against ₹9.75 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹18.12.

Is KRN Heat Exchanger and Refrigeration debt free?

No. KRN Heat Exchanger and Refrigeration had borrowings of ₹153 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.16. Its cash and current investments were ₹186 crore, so it held net cash of ₹32.5 crore.

What is the KRN Heat Exchanger and Refrigeration book value per share?

KRN Heat Exchanger and Refrigeration's book value per share was ₹150.36 on 30 September 2026: shareholders' equity of ₹984 crore divided by the 6.55 crore shares in issue, up 76.9% from ₹85.02 a year earlier. The share price at the 29 October 2026 close was ₹1,207.50.

What is the KRN Heat Exchanger and Refrigeration promoter holding?

Promoters held 65.69% of KRN Heat Exchanger and Refrigeration on 30 September 2026, unchanged from the previous quarter and down 5.10 percentage points from 70.79% a year earlier, according to the shareholding pattern filed with NSE.

What is the KRN Heat Exchanger and Refrigeration ROE and ROCE?

In FY26, KRN Heat Exchanger and Refrigeration's return on equity (ROE) was 14.3% and its return on capital employed (ROCE) was 17.4%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).

What is the KRN Heat Exchanger and Refrigeration shareholding pattern?

On 30 September 2026, KRN Heat Exchanger and Refrigeration's shares were held by promoters 65.69%, foreign portfolio investors (FII/FPI) 8.98%, domestic institutions (DII) 7.98% (including mutual funds at 3.35%) and retail and other non-institutional investors 17.35%. Over the year, FII holding was up 3.52 percentage points from 5.46% and DII holding was up 1.77 percentage points from 6.21%.

How does KRN Heat Exchanger and Refrigeration compare with its peers?

On FY26 consolidated figures, against Lloyds Engineering Works and Kirloskar Pneumatic: KRN Heat Exchanger and Refrigeration's operating margin of 15.6% is the second highest of the three (Lloyds Engineering Works 12.8%, Kirloskar Pneumatic 18.2%; peer average 15.5%); its return on equity of 14.3% is the lowest of the three (Lloyds Engineering Works 16.4%, Kirloskar Pneumatic 21.8%; peer average 19.1%).

What is the KRN Heat Exchanger and Refrigeration free cash flow?

In FY26, KRN Heat Exchanger and Refrigeration generated ₹114 crore of cash from operations and spent ₹248 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹361 crore. In FY25 it was ₹16.4 crore.

What are the KRN Heat Exchanger and Refrigeration latest quarterly results?

KRN Heat Exchanger and Refrigeration's latest results are for Q2 FY27 (July–September 2026), filed on 29 October 2026: consolidated net profit ₹36.1 crore, up 100.4% from ₹18 crore in Q2 FY26; revenue from operations ₹319 crore, up 109.9% year on year.

When are the KRN Heat Exchanger and Refrigeration next results?

KRN Heat Exchanger and Refrigeration has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.

What is the KRN Heat Exchanger and Refrigeration revenue and profit in FY26?

In FY26 (April 2025–March 2026), KRN Heat Exchanger and Refrigeration's consolidated net profit was ₹76.5 crore, up 44.6% from ₹52.9 crore in FY25, on revenue from operations of ₹600 crore (up 39.6%).

How does the KRN Heat Exchanger and Refrigeration PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, KRN Heat Exchanger and Refrigeration's PE ratio is 103.4, the highest of the three: Lloyds Engineering Works 67.1 and Kirloskar Pneumatic 28.2, a peer average of 47.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.

KRN Heat Exchanger and Refrigeration vs Lloyds Engineering Works: how do they compare?

In FY26, KRN Heat Exchanger and Refrigeration earned net profit of ₹76.5 crore on revenue of ₹600 crore, against ₹190 crore on ₹1,301 crore for Lloyds Engineering Works. KRN Heat Exchanger and Refrigeration's operating margin was 15.6% (Lloyds Engineering Works 12.8%) and its return on equity 14.3% (Lloyds Engineering Works 16.4%). At the 29 October 2026 close, KRN Heat Exchanger and Refrigeration's market capitalisation was ₹7,904 crore against ₹12,742 crore for Lloyds Engineering Works, and its PE ratio on FY26 profit 103.4 against 67.1.

Where do these KRN Heat Exchanger and Refrigeration figures come from?

From KRN Heat Exchanger and Refrigeration's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.