Who are the top shareholders of the KRN Heat Exchan?

The top shareholders of KRN Heat Exchan include Anju Devi with 38.13%, mutual funds at 2.17%, foreign institutional investors at 1.21%, and Holani Venture Capital Fund-i at 1.61%. Individual investors collectively own 18.73%, with no pledged promoter holdings.

The top shareholders of KRN Heat Exchan include the promoters, with Anju Devi holding the highest stake at 38.13%. There are no pledged promoter holdings. Additionally, mutual funds hold a combined 2.17% through four schemes, while foreign institutional investors (FIIs) account for 1.21% through 13 different FIIs. The highest public shareholder is Holani Venture Capital Fund-i, which holds 1.61%. Individual investors collectively own 18.73% of the company.

Has KRN Heat Exchan declared dividend?

No Dividend History Available

Is KRN Heat Exchan overvalued or undervalued?

As of October 8, 2024, KRN Heat Exchan is considered overvalued with a PE ratio of 93.48, significantly higher than its peers, and modest return metrics, despite a positive year-to-date return of 8.78%.

As of 8 October 2024, KRN Heat Exchan has moved from a grade of "does not qualify" to "very expensive." The company is currently overvalued, with a PE ratio of 93.48, a Price to Book Value of 9.45, and an EV to EBITDA ratio of 66.04. In comparison, peers such as Thermax Ltd. and BEML Ltd. have PE ratios of 66.31 and 62.34, respectively, indicating that KRN Heat Exchan's valuation is significantly higher than its industry counterparts.<BR><BR>The company's return metrics also reflect its overvaluation, with a ROCE of 13.58% and an ROE of 10.11%, which are relatively modest given the high valuation ratios. Additionally, KRN Heat Exchan's stock has underperformed the Sensex over the past week and month, although it has shown a positive year-to-date return of 8.78% compared to the Sensex's 5.54%. Overall, the valuation metrics and peer comparisons strongly suggest that KRN Heat Exchan is overvalued in the current market.

Who are the peers of the KRN Heat Exchan?

KRN Heat Exchan's peers include PTC Industries, Inox India, Esab India, Kirloskar Industries, Harsha Engineering International, Ador Welding, Diffusion Engineering, Oriental Rail, and Mallcom (India). KRN Heat Exchan has good management risk and growth ratings, with the highest 1-year return among peers, while Oriental Rail has the lowest return at -57.30%.

Peers: The peers of KRN Heat Exchan are PTC Industries, Inox India, Esab India, Kirloskar Indus., Harsha Engg Intl, Ador Welding, Diffusion Eng, Oriental Rail, and Mallcom (India).<BR><BR>Quality Snapshot: Excellent management risk is observed at Inox India and Esab India, while Good management risk is found at KRN Heat Exchan and Ador Welding, and Average management risk is present at PTC Industries, Kirloskar Indus., Harsha Engg Intl, Diffusion Eng, Oriental Rail, and Mallcom (India). Growth ratings show Excellent growth at Kirloskar Indus., Good growth at KRN Heat Exchan, and Average growth at PTC Industries and Ador Welding, while Below Average growth is noted at Inox India, Esab India, Harsha Engg Intl, and Oriental Rail, and the rest. Capital Structure is Excellent for Inox India, Esab India, KRN Heat Exchan, Ador Welding, and Mallcom (India), Good for Kirloskar Indus., and Average for PTC Industries, Harsha Engg Intl, Diffusion Eng, and Oriental Rail.<BR><BR>Return Snapshot: The peer with the highest 1-year return is KRN Heat Exchan with N/A, while the peer with the lowest is Oriental Rail at -57.30%. KRN Heat Exchan's 1-year return is not available for comparison. Additionally, the peers with negative six-month returns include Oriental Rail, Ador Welding, and Harsha Engg Intl.

What does KRN Heat Exchan do?

KRN Heat Exchanger and Refrigeration Ltd, a mid-cap company established in 2017, operates in the industrial products sector, reporting net sales of ₹1,315 Cr and a net profit of ₹149 Cr for Q1 2025. Key financial metrics include a P/E ratio of 107.00 and a market cap of ₹5,341 Cr.

Overview: <BR>KRN Heat Exchanger and Refrigeration Ltd operates in the Other Industrial Products industry and is categorized as a Mid Cap company.<BR><BR>History: <BR>The company was incorporated in 2017 as "KRN Heat Exchanger and Refrigeration Private Limited" in Bhiwadi, Alwar. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,315 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 149 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 5,341 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 107.00 <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 10.11% <BR>Price-to-Book: 10.76 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is KRN Heat Exchan?

As of 24th July, KRN Heat Exchanger and Refrigeration Ltd has a market capitalization of 5,402.00 Cr, with recent Net Sales of 429.85 Cr and a Net Profit of 52.88 Cr. Shareholder's Funds are 131.65 Cr and Total Assets are 258.36 Cr as of March 2024.

As of 24th July, KRN Heat Exchanger and Refrigeration Ltd has a market capitalization of 5,402.00 Cr, classifying it as a Mid Cap company.<BR><BR>In the latest four quarters, KRN Heat Exchanger reported Net Sales of 429.85 Cr and a Net Profit of 52.88 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 131.65 Cr and Total Assets totaling 258.36 Cr.

When is the next results date for KRN Heat Exchan?

KRN Heat Exchan is scheduled to declare its results on 04 November 2025.

KRN Heat Exchan is scheduled to declare its results on 04 November 2025.

Are KRN Heat Exchan latest results good or bad?

KRN Heat Exchanger's latest results are mixed; while there is year-on-year revenue growth of 20.36%, both revenue and net profit declined sequentially, indicating operational challenges and margin pressures. Investors should be cautious as the company's core business sustainability may be at risk.

KRN Heat Exchanger's latest results present a mixed picture. In Q2 FY26, the company reported a net profit of ₹12.42 crores, which reflects a decline of 16.48% compared to the previous quarter, although it shows a modest year-on-year increase of 3.76%. Revenue for the same period was ₹115.28 crores, down 12.33% from the prior quarter but up 20.36% year-on-year.<BR><BR>While the year-on-year revenue growth is a positive sign, the sequential declines in both revenue and net profit indicate operational challenges. Additionally, the operating margin has decreased to 15.27% from 18.48% a year earlier, highlighting margin compression. The profit after tax (PAT) margin also contracted to 10.77%, down from 12.50% in the same quarter last year.<BR><BR>The company is facing rising costs, particularly in employee expenses, which increased significantly compared to revenue growth. This situation, combined with the reliance on other income to support profitability, raises concerns about the sustainability of its core business margins.<BR><BR>In summary, while KRN Heat Exchanger has shown strong year-on-year growth, the recent quarterly performance suggests that the company is grappling with margin pressures and operational headwinds, making the latest results more concerning than favorable. Investors should monitor these trends closely.

Is KRN Heat Exchan technically bullish or bearish?

As of November 17, 2025, KRN Heat Exchan shows a mildly bearish trend, supported by bearish indicators like the MACD and Bollinger Bands, despite a mildly bullish On-Balance Volume on the monthly chart.

As of 17 November 2025, the technical trend for KRN Heat Exchan has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on the weekly chart indicates a mildly bearish trend, while the Bollinger Bands also reflect a bearish sentiment on the weekly timeframe. Daily moving averages confirm a bearish outlook. The Dow Theory shows no trend on the weekly chart but is mildly bearish on the monthly chart. Although the On-Balance Volume (OBV) is mildly bullish on a monthly basis, it does not outweigh the bearish signals from other indicators. Overall, the technical stance remains cautiously bearish with limited bullish momentum.

How has been the historical performance of KRN Heat Exchan?

KRN Heat Exchan experienced significant growth from March 2024 to March 2025, with net sales rising to 429.85 Cr from 308.28 Cr and profit after tax increasing to 52.88 Cr from 39.39 Cr, alongside a substantial rise in total assets to 594.81 Cr. Despite a slight decrease in earnings per share, overall financial performance showed robust growth in sales and profitability.

Answer:<BR>The historical performance of KRN Heat Exchan shows significant growth in key financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>KRN Heat Exchan reported net sales of 429.85 Cr in March 2025, up from 308.28 Cr in March 2024, indicating a strong revenue increase. Total operating income also rose to 429.85 Cr from 308.28 Cr, with raw material costs increasing to 319.15 Cr from 226.83 Cr. The total expenditure, excluding depreciation, increased to 359.34 Cr from 249.83 Cr, leading to an operating profit (PBDIT) of 82.37 Cr, up from 63.91 Cr. Profit before tax improved to 74.32 Cr from 55.93 Cr, resulting in a profit after tax of 52.88 Cr compared to 39.39 Cr the previous year. The company's earnings per share slightly decreased to 8.51 from 8.54, while the diluted earnings per share increased to 9.75 from 8.76. On the balance sheet, total assets surged to 594.81 Cr from 257.42 Cr, with total liabilities also rising to 594.81 Cr from 257.42 Cr. Cash flow from operating activities improved to 21.00 Cr from 16.00 Cr, while cash flow from investing activities saw a significant outflow of 279.00 Cr compared to 64.00 Cr the prior year. Overall, KRN Heat Exchan demonstrated robust growth in sales and profitability, alongside a substantial increase in total assets.

Should I buy, sell or hold KRN Heat Exchan?

Which are the latest news on KRN Heat Exchan?

Why is KRN Heat Exchan falling/rising?

As of 03-Dec, KRN Heat Exchanger and Refrigeration Ltd's stock price is at 800.15, down 1.59% and underperforming against the benchmark Sensex. The stock has shown a bearish trend, declining over the past week and experiencing reduced investor participation.

As of 03-Dec, KRN Heat Exchanger and Refrigeration Ltd's stock price is falling, currently at 800.15, which represents a decrease of 12.9 points or 1.59%. The stock has been underperforming, having lost 3.51% over the past week, while the benchmark Sensex has only declined by 0.59%. Additionally, the stock has experienced a consecutive fall over the last two days, with a total decline of 2% during this period.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 0.62%. It reached an intraday low of Rs 795.35, reflecting a drop of 2.18%. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there has been a significant decrease in investor participation, with delivery volume dropping by 55.04% compared to the 5-day average.<BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, these have not been sufficient to counteract the current downward pressure on the stock price. The increase in institutional investor participation, while a positive sign, has not translated into immediate price support. Overall, the combination of recent performance trends, declining investor interest, and underperformance relative to benchmarks has contributed to the stock's current decline.