KRN Heat Exchanger & Refrigeration Ltd.
NSE: KRN · Other Industrial Products
Snapshot
Unlock KRN Heat Exchanger & Refrigeration Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
KRN Heat Exchanger and Refrigeration Limited manufactures a diverse range of heat exchangers, evaporators, and condensers for the HVAC&R industry. The company supplies critical components such as coils, copper parts, and sheet metal assemblies to original equipment manufacturers.
Business Model
The company operates as a B2B manufacturer, generating revenue through the sale of custom-engineered thermal management components to HVAC&R original equipment manufacturers. It leverages its manufacturing facility in Neemrana to produce high-precision copper and aluminium heat transfer products.
- Incorporation Year:2017
Growth Outlook
Growth is driven by the increasing demand for HVAC&R systems across global markets and the company's established presence in international regions including Asia, Europe, and North America. Expansion of the product portfolio and deepening relationships with global OEMs remain key strategic priorities.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of copper and aluminium, which are primary raw materials, can significantly impact profit margins.
- Customer Concentration. Heavy reliance on a limited number of original equipment manufacturers poses a risk if key client contracts are lost or demand from these clients declines.
- Geopolitical and Trade Risks. As a company with a global footprint, it is susceptible to changes in international trade policies, tariffs, and geopolitical instability in its export markets.
- Technological Obsolescence. The HVAC&R industry is subject to rapid technological advancements, requiring continuous investment in R&D to remain competitive.
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Key Metrics
REVENUE
₹904 Cr
TTM · consolidated
NET PROFIT
₹115 Cr
TTM · consolidated
EPS
₹18.12
TTM · consolidated
RETURN ON EQUITY
15.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
19.9%
TTM · consolidated
P/E
60.1×
Q2 FY27 · consolidated
EV/EBITDA
42.6x
Q2 FY27 · consolidated
EBITDA MARGIN
19.5%
TTM · consolidated
NET PROFIT MARGIN
11.3%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.2x
Q2 FY27 · consolidated
Peers · Other Industrial Products
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
KRN Heat Exchanger & Refrigeration Ltd.KRN | ₹7,509 Cr | 60.1× | 42.62 | 77.2% | 19.5% | 15.2% | 19.9% | +38.5% |
ESAB India LimitedESABINDIA | ₹8,094 Cr | 37.5× | 27.08 | 13.0% | 18.8% | 56.1% | 71.8% | +10.2% |
Harsha Engineers International LimitedHARSHA | ₹3,771 Cr | 26.0× | 14.44 | 20.2% | 16.6% | 11.6% | 15.6% | +10.5% |
Subros LimitedSUBROS | ₹3,760 Cr | 23.4× | 10.44 | 13.8% | 9.3% | 14.2% | 18.2% | -45.1% |
Kirloskar Industries LimitedKIRLOSIND | ₹3,306 Cr | 15.7× | — | 3.8% | 13.3% | 4.7% | 4.8% | -14.5% |
Ador WeldingADOR | ₹2,316 Cr | 20.5× | 12.55 | 12.9% | 14.7% | 21.7% | 29.4% | +26.7% |
As of Q2 FY27
Financials
KRN Heat Exchanger & Refrigeration Ltd.
NSE: KRN · Other Industrial Products
Snapshot
Unlock KRN Heat Exchanger & Refrigeration Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
KRN Heat Exchanger and Refrigeration Limited manufactures a diverse range of heat exchangers, evaporators, and condensers for the HVAC&R industry. The company supplies critical components such as coils, copper parts, and sheet metal assemblies to original equipment manufacturers.
Business Model
The company operates as a B2B manufacturer, generating revenue through the sale of custom-engineered thermal management components to HVAC&R original equipment manufacturers. It leverages its manufacturing facility in Neemrana to produce high-precision copper and aluminium heat transfer products.
- Incorporation Year:2017
Growth Outlook
Growth is driven by the increasing demand for HVAC&R systems across global markets and the company's established presence in international regions including Asia, Europe, and North America. Expansion of the product portfolio and deepening relationships with global OEMs remain key strategic priorities.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of copper and aluminium, which are primary raw materials, can significantly impact profit margins.
- Customer Concentration. Heavy reliance on a limited number of original equipment manufacturers poses a risk if key client contracts are lost or demand from these clients declines.
- Geopolitical and Trade Risks. As a company with a global footprint, it is susceptible to changes in international trade policies, tariffs, and geopolitical instability in its export markets.
- Technological Obsolescence. The HVAC&R industry is subject to rapid technological advancements, requiring continuous investment in R&D to remain competitive.
Start your research today
Unlock AI insights, financials, peers and live data on KRN Heat Exchanger & Refrigeration Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹904 Cr
TTM · consolidated
NET PROFIT
₹115 Cr
TTM · consolidated
EPS
₹18.12
TTM · consolidated
RETURN ON EQUITY
15.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
19.9%
TTM · consolidated
P/E
60.1x
Q2 FY27 · consolidated
EV/EBITDA
42.6x
Q2 FY27 · consolidated
EBITDA MARGIN
19.5%
TTM · consolidated
NET PROFIT MARGIN
11.3%
Q2 FY27 · consolidated
DEBT TO EQUITY
0.2x
Q2 FY27 · consolidated
Peers · Other Industrial Products
As of Q2 FY27