KRN HEAT EXCHANGER AND REFRIGERATION LIMITED
KRN Heat Exchanger and Refrigeration Limited manufactures and sells heat exchangers, evaporators, and condensers to original equipment manufacturers in the heat, ventilation, air conditioning, and refrigeration industries. It offers condenser coils, evaporator units and coils, header/copper parts, fluid and steam coils, condensing and air-cooling units, sheet metal parts, aluminum/copper fins and copper tubes, bar and plate, and other components. The company operates in India, the rest of Asia, Europe, North America, South America, and Oceania. The company was incorporated in 2017 and is based in Neemrana, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Healthy return on equity of 30.5%
Concerns1
- Operating margin declining for 3 consecutive years (20.0% β 19.0% β 16.0%)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 5 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ431.00 Cr | β | βΉ50.00 Cr | β | β | 10.1% | 40.4% | 25.0% |
| Mar 2024 | βΉ307.00 Cr | β | βΉ40.00 Cr | β | β | 30.5% | 24.8% | 25.0% |
| Mar 2023 | βΉ246.00 Cr | β | βΉ32.00 Cr | β | β | 53.3% | 57.7% | 190.9% |
| Mar 2022 | βΉ156.00 Cr | β | βΉ11.00 Cr | β | β | 44.0% | 105.3% | 450.0% |
| Mar 2021 | βΉ76.00 Cr | β | βΉ2.00 Cr | β | β | 15.4% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 573 |
| Total Expenses | 487 |
| EBIT / Operating Profit | 86 |
| OPM % | 15% |
| Other Income | 11 |
| Finance Costs | 3 |
| Depreciation & Amortisation | 4 |
| Profit Before Tax | 90 |
| Tax % | - |
| Net Profit / PAT | 66 |
| EPS (βΉ) | 10.58 |
| Dividend Payout % | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| KRN HEAT EXCHANGER AND REFRIGERATION LIMITEDthis co. | βΉ4.42 K Cr | βΉ431.00 Cr | 67.20 | 8.27 | 69.43 | 40.4% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |