KRN Heat Exchanger and Refrigeration Ltd

KRN Heat Exchanger and Refrigeration Ltd share price advanced by 5% to Rs 1294.25 after the company's net profit jumped 40.84% to Rs 32.9 crore, while revenue from operations gained significantly 40.58% to Rs 252.32 crore in Q2FY26 over Q1FY26. The market capitalization of Other Industrial Products industry group stocks on BSE stood at Rs 69393.1 crore, slipping 2.78%. It has softened by 1.44% over last one week and ticked higher by 3.46% in last one month while the market capitalization of KRN Heat Exchanger and Refrigeration Ltd has increased 10.15% and 18.45% in the same period respectively. Profit before tax (PBT) of KRN Heat Exchanger and Refrigeration Ltd stood at Rs 42.33 crore in Q2 FY26, surging by 131.44% year-on-year, and rallying 57.65% quarter-on-quarter. EBITDA came in at Rs 46 crore, expanding by 230.10% YoY and jumping 46.36% sequentially. Total expenses witnessed a sharp rise of 38.06% to Rs 209.72 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 164.41 crore, soaring by 188.44% YoY, while employee benefits expense was at Rs 18.19 crore, soaring 34.74% YoY. For the TTM ended FY26, revenue from operations soared by 39.43% to Rs 429.85 crore, while net profit saw a strong growth of 34.25% to Rs 52.88 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 5263% to Rs 58.65 crore, and PBT witnessed a strong rise of 32.88% to Rs 74.32 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 21.44 crore in FY26, as against Rs 16.92 crore in FY25. KRN Heat Exchanger and Refrigeration Ltd rallied 48.08% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.

KRN Heat Exchanger and Refrigeration Limited will hold a board meeting on Wednesday, August 12, 2026, to consider and approve the unaudited Financial Results (both Standalone and Consolidated) for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for the company's securities will remain closed until August 14, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

KHPL is currently engaged in the business of manufacturing of Heat Exchanger and other HVAC Products. Its turnover was Rs 218.85 crore in FY26. The investment will be made through the subscription of 78,41,917 equity shares of KHPL at an issue price of Rs 300 per share, comprising a face value of Rs 10 and a securities premium of Rs 290 per share. The company stated that the investment is linked to the proceeds raised through its Qualified Institutions Placement (QIP) and will be utilized by KHPL to fund its working capital requirements. 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's consolidated net profit jumped 57.2% to Rs 23.36 crore on 36.48% rise in revenue from operations to Rs 179.47 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live

Net profit of KRN Heat Exchanger and Refrigeration rose 57.09% to Rs 23.36 crore in the quarter ended March 2026 as against Rs 14.87 crore during the previous quarter ended March 2025. Sales rose 36.49% to Rs 179.48 crore in the quarter ended March 2026 as against Rs 131.50 crore during the previous quarter ended March 2025. For the full year,net profit rose 44.61% to Rs 76.47 crore in the year ended March 2026 as against Rs 52.88 crore during the previous year ended March 2025. Sales rose 39.60% to Rs 600.06 crore in the year ended March 2026 as against Rs 429.85 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales179.48131.50 36 600.06429.85 40 OPM %18.6914.37 -18.7416.40 - PBDT32.8222.30 47 116.7278.95 48 PBT26.8521.12 27 97.9674.32 32 NP23.3614.87 57 76.4752.88 45 Powered by Capital Market - Live

KRN Heat Exchanger & Refrigeration will hold a meeting of the Board of Directors of the Company on 14 May 2026.

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