Home/Stocks/KRN Heat Exchanger and Refrigeration Ltd.
NSE: KRN · Capital Goods & Defence

KRN Heat Exchanger and Refrigeration Ltd.

1,535.40 1.55%
Open
1,483.10
High
1,568.60
Low
1,482.00
Prev close
1,511.90
Volume
1,58,253

Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →

What KRN Heat Exchanger and Refrigeration does

Rajasthan-based manufacturer of fin-and-tube heat exchangers, condenser and evaporator coils and related components supplied to HVAC and refrigeration OEMs, including major air-conditioner brands. Listed via IPO in 2024 and is expanding capacity to serve growing domestic AC/refrigeration manufacturing and component-localization demand under PLI-driven supply chains.

Listing and classification

NSE symbol
KRN
ISIN
INE0Q3J01015
Sector
Capital Goods & Defence
Sub-sector
Heavy Engineering
Market-cap tier
Micro Cap
Market-cap rank
#2124

KRN Heat Exchanger and Refrigeration Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →

Financial ratios, as filed

Consolidated annual figures taken from KRN Heat Exchanger and Refrigeration Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).

Per-share figures are not restated. Shares outstanding changed from 6.22 crore to 57.40 crore in FY26, consistent with a bonus issue or stock split. Each year's EPS and book value below are as that year was filed, on that year's share count — so the per-share line falls across FY26 even where profit did not. Compare the absolute figures (EBITDA, free cash flow, total debt) and the margins across that boundary, not the per-share ones.

KRN Heat Exchanger and Refrigeration Ltd. — key consolidated ratios by financial year
MetricFY26FY25
EPS (basic, ₹)12.300.00
Book value / share (₹)10.0080.22
Return on equity13.3%10.6%
Return on capital employed16.3%13.2%
Operating margin15.6%15.3%
Net margin12.7%12.3%
EBITDA₹112 Cr₹71 Cr
Free cash flow₹-361 Cr₹16 Cr
Total debt₹187 Cr₹33 Cr
Debt to equity0.330.07
Interest coverage15.919.3
Current ratio1.644.52
Shares outstanding57,39,94,8006,21,56,600

Open the full income statement, balance sheet and cash flow for KRN

Shareholding pattern

As disclosed for the quarter ended 30 Jun 2026.

Promoter & group
65.69%
FII / FPI
8.86%
DII
8.33%
Public
34.31%

Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →

Peers in Heavy Engineering

Companies Alphave classifies in the same sub-sector, closest by market capitalisation.

What this page will not tell you

Whether to buy it
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A forecast of next quarter
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Intraday precision
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