KRN Heat Exchanger and Refrigeration Ltd

The said proposal is subject to necessary approvals, including the approval from the members of the company as well as other regulatory and statutory approvals as required. In addition, the company's board approved the re-appointment of Santosh Kumar Yadav as the chairman and managing director (CMD) for a term of 5 years with effect from 9 May 2026. Santosh Kumar Yadav is the promoter, chairman and managing director of the company . He has more than 20 years of experience in the business of manufacturing heat exchangers and refrigeration units. In his capacity as a chairman and managing director, he mentors, guides and provides perspective to the board and management of the company for strategic planning and enriching the brand for long run. KRN Heat Exchanger and Refrigeration specializes in manufacturing aluminium and copper fin and tube heat exchangers, including water coils, condenser coils, and evaporator coils. Their products are widely used by OEMs in the HVAC&R industry for heating, ventilation, air conditioning, and refrigeration applications. The company reported 65.09% jump in consolidated net profit to Rs 22.66 crore on a 33.29% increase in total income to Rs 155.09 crore in Q3 FY26 as compared with Q3 FY25. The counter shed 0.74% to Rs 850.05 on the BSE.Powered by Capital Market - Live

KRN Heat Exchanger & Refrigeration announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 April 2026.Powered by Capital Market - Live

KRN Heat Exchanger & Refrigeration will hold a meeting of the Board of Directors of the Company on 13 March 2026.Powered by Capital Market - Live

ABB India Ltd, Data Patterns (India) Ltd, Brainbees Solutions Ltd and Netweb Technologies India Ltd are among the other gainers in the BSE's 'A' group today, 20 February 2026.KRN Heat Exchanger and Refrigeration Ltd spiked 11.91% to Rs 882.3 at 11:45 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.11 lakh shares were traded on the counter so far as against the average daily volumes of 16136 shares in the past one month. ABB India Ltd soared 8.36% to Rs 6193.2. The stock was the second biggest gainer in 'A' group. On the BSE, 1.46 lakh shares were traded on the counter so far as against the average daily volumes of 17558 shares in the past one month. Data Patterns (India) Ltd surged 6.19% to Rs 3090.15. The stock was the third biggest gainer in 'A' group. On the BSE, 1.19 lakh shares were traded on the counter so far as against the average daily volumes of 68487 shares in the past one month. Brainbees Solutions Ltd rose 5.71% to Rs 226. The stock was the fourth biggest gainer in 'A' group. On the BSE, 30.01 lakh shares were traded on the counter so far as against the average daily volumes of 1.81 lakh shares in the past one month. Netweb Technologies India Ltd gained 5.66% to Rs 3730. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5.23 lakh shares were traded on the counter so far as against the average daily volumes of 1.63 lakh shares in the past one month. Powered by Capital Market - Live

Total expenses for the period under review aggregated to Rs 129.61 crore, up 33.32% YoY. While EBITDA improved by 96.54% to Rs 31.08 crore, EBITDA margin expanded by 610 basis points to 20.28% in Q3 FY26 as compared with Q3 FY25. Profit before tax in Q3 FY26 stood at Rs 25.87 crore, up by 35.19% from Rs 19.13 crore recorded in Q3 FY25. Santosh Kumar, chairman & managing director of KRN Heat Exchanger and Refrigeration, said: 'During the quarter and across the nine-month period, we have seen steady progress in our core business, driven by consistent execution and improving order visibility. Demand from both domestic and export customers has remained healthy, and our teams have responded well by maintaining delivery timelines and quality standards. Over the past nine months, our focus has been on building depth'stronger customer relationships, higher value products, and tighter control over operations. This has helped us grow in a balanced manner while improving the overall quality of earnings. With a stable order pipeline, expanding export engagements, and continued emphasis on operational efficiency, we believe the business is well positioned to grow steadily and strengthen its revenue base in the coming periods.' KRN Heat Exchanger and Refrigeration specializes in manufacturing aluminium and copper fin and tube heat exchangers, including water coils, condenser coils, and evaporator coils. Their products are widely used by OEMs in the HVAC&R industry for heating, ventilation, air conditioning, and refrigeration applications. Powered by Capital Market - Live

The key equity indices traded with modest gains in early trade as investors sentiment remained optimistic following the recently signed India- US trade deal agreement and positive global cues. Investors will track earnings reports, global cues, gold and crude oil prices. The Nifty traded above the 25,800 level. Barring FMCG index the lone laggard, all the sectoral indices on the NSE were traded in green. At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 404.88 points or 0.48% to 83,965.73. The Nifty 50 index added 117.55 points or 0.45% to 25,808.60. The broader market outperformed the frontline indices. The BSE 150 MidCap Index rose 0.82% and the BSE 250 SmallCap Index jumped 1.09%. The market breadth was strong. On the BSE, 2,390 shares rose and 833 shares fell. A total of 174 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 1,950.77 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,265.06 crore in the Indian equity market on 06 February 2026, provisional data showed. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 1.23% to 6.733 compared with previous session close of 6.651. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 90.5200 compared with its close of 90.6500 during the previous trading session. MCX Gold futures for 2 April 2026 settlement advanced 1.29% to Rs 157,454. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.03% to 97.60. The United States 10-year bond yield rose 0.43% to 4.221. In the commodities market, Brent crude for April 2026 settlement declined 68 cents or 1.80% to $67.37 a barrel. Stocks in Spotlight: KRN Heat Exchanger and Refrigeration rallied 3% after the company reported 65.09% jump in consolidated net profit to Rs 22.66 crore on a 33.29% increase in total income to Rs 155.09 crore in Q3 FY26 as compared with Q3 FY25. State Bank of India jumped 6.39% after the bank reported 24.49% jump in net profit to Rs 21,028 crore on a 9.69% increase in total income to Rs 1,40,915 crore in Q3 FY26 as compared with Q3 FY25. Sula Vineyards declined 3.61% after the company reported a sharp 67.6% decline in consolidated net profit to Rs 9.1 crore on a 9.9% fall in revenue to Rs 180 crore in Q3 FY26 as compared with Q3 FY25. Global Markets: Asian markets advanced on Monday, led by a surge in Japanese stocks following Prime Minister Sanae Takaichi's historic landslide election victory. The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported. A decisive win for Takaichi could be the 'best outcome' for markets over the medium term, as strategic investments and tax reform bolster equities, said Sree Kochugovindan, media report said. Japanese stocks have hit several highs over the past few months, driven by the so-called 'Takaichi trade' as markets expect the prime minister's economic policies ' seen as growth‑focused continuation of Abenomics ' to boost equities, while weakening the yen as she pushes for a looser monetary policy and higher government spending. U.S. President Donald Trump congratulated Takaichi on her victory in a TruthSocial post. Last Friday in the U.S., stocks surged as tech names recovered following several days of heavy selling in the sector and bitcoin rebounded following a rout that took the popular cryptocurrency down more than 50% from its high in October last year. The Dow Jones Industrial Average advanced 1,206.95 points, or 2.47%, closing at 50,115.67. Friday marked the first time the Dow exceeded the 50,000 level. The S&P 500 jumped 1.97% and ended at 6,932.30, while the Nasdaq Composite advanced 2.18% to 23,031.21. With those moves, the S&P 500 climbed back into the green for 2026. Even with Friday's rise, the S&P 500 posted a 0.1% decline for the week, while the Nasdaq fell 1.8% on the week. The 30-stock Dow rose 2.5% week to date, benefiting from some rotation into some economically cyclical stocks even as the overall market was weighed down by tech selling.Powered by Capital Market - Live

Total expenses for the period under review aggregated to Rs 129.61 crore, up 33.32% YoY. While EBITDA improved by 96.54% to Rs 31.08 crore, EBITDA margin expanded by 610 basis points to 20.28% in Q3 FY26 as compared with Q3 FY25. Profit before tax in Q3 FY26 stood at Rs 25.87 crore, up by 35.19% from Rs 19.13 crore recorded in Q3 FY25. Santosh Kumar, chairman & managing director of KRN Heat Exchanger and Refrigeration, said: During the quarter and across the nine-month period, we have seen steady progress in our core business, driven by consistent execution and improving order visibility. Demand from both domestic and export customers has remained healthy, and our teams have responded well by maintaining delivery timelines and quality standards. Over the past nine months, our focus has been on building depth'stronger customer relationships, higher value products, and tighter control over operations. This has helped us grow in a balanced manner while improving the overall quality of earnings. With a stable order pipeline, expanding export engagements, and continued emphasis on operational efficiency, we believe the business is well positioned to grow steadily and strengthen its revenue base in the coming periods. KRN Heat Exchanger and Refrigeration specializes in manufacturing aluminium and copper fin and tube heat exchangers, including water coils, condenser coils, and evaporator coils. Their products are widely used by OEMs in the HVAC&R industry for heating, ventilation, air conditioning, and refrigeration applications. The scrip shed 0.25% to end at Rs 672.25 on the BSE on Friday. Powered by Capital Market - Live

Net profit of KRN Heat Exchanger and Refrigeration rose 65.04% to Rs 22.66 crore in the quarter ended December 2025 as against Rs 13.73 crore during the previous quarter ended December 2024. Sales rose 37.46% to Rs 153.23 crore in the quarter ended December 2025 as against Rs 111.47 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales153.23111.47 37 OPM %20.2814.18 - PBDT31.6320.33 56 PBT25.8719.14 35 NP22.6613.73 65 Powered by Capital Market - Live

KRN Heat Exchanger & Refrigeration will hold a meeting of the Board of Directors of the Company on 6 February 2026.Powered by Capital Market - Live

Net profit of KRN Heat Exchanger and Refrigeration rose 46.39% to Rs 18.02 crore in the quarter ended September 2025 as against Rs 12.31 crore during the previous quarter ended September 2024. Sales rose 66.93% to Rs 152.07 crore in the quarter ended September 2025 as against Rs 91.10 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales152.0791.10 67 OPM %19.9019.88 - PBDT31.7918.45 72 PBT26.9417.30 56 NP18.0212.31 46 Powered by Capital Market - Live