KRN Heat Exchanger and Refrigeration Limited
KRN · 544263 · Industrials · Other Industrial Products
- Market cap
- Rs 7,904 Cr
- P/E
- 66.64x
- P/B
- 8.03x
- 52W high / low
- Rs 1,687 / Rs 589.8
P/E, P/B and ROE are inconsistent: ROE x P/E = 14.29 but P/B = 8.03 (> 25% apart); one input is likely on a different basis.
About KRN Heat Exchanger and Refrigeration
KRN Heat Exchanger and Refrigeration Limited is listed on the NSE under the symbol KRN and on the BSE under scrip code 544263. It is classified in the Industrials sector, industry: Other Industrial Products. It is a constituent of BSE 1000. The company listed on 3 Oct 2024 and has a face value of Rs 10.
The latest available end-of-day price is Rs 1,207.5 (+2.43% on the day), for a market capitalisation of Rs 7,904 Cr. Trailing P/E is 66.64x and price-to-book is 8.03x. The 52-week range is Rs 589.8 to Rs 1,687. The latest price is 56% of the way from the 52-week low to the 52-week high.
Against the 9-company comparison set from the official BSE basic industry Other Industrial Products, its market capitalisation is 2.0 times the peer median of Rs 3,859 Cr, and its P/E of 66.64x compares with a peer median of 27.71x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For Q2 FY27 (period ended 30 Sept 2026), KRN Heat Exchanger and Refrigeration Limited reported revenue of Rs 319 Cr, net profit of Rs 36.1 Cr and earnings per share of Rs 5.52.
On a trailing-twelve-month basis the filings add up to revenue of Rs 904 Cr, net income of Rs 115 Cr and a net margin of 12.72%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, KRN Heat Exchanger and Refrigeration Limited's ownership is split: promoters 65.69%; foreign institutional investors (FIIs) 8.98%; domestic institutional investors (DIIs) 7.98%; retail and other shareholders 17.35%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding +0.12 percentage points; DII holding −0.35 percentage points.
The same filing lists reported promoter pledge of 0.00% and 97,166 shareholders on record.
Recent filings and corporate actions
111 BSE corporate announcements were filed by KRN Heat Exchanger and Refrigeration Limited in the past twelve months; the most frequent category is "Company Update" (88). The most recent is "Monitoring Agency Report" (Company Update), filed on 29 Oct 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Other Industrial Products. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| HBL Engineering Limited | Rs 815.75 | Rs 22,613 Cr | — | — | 27.76x | — |
| INOX India Limited | Rs 1,898.8 | Rs 17,234 Cr | Rs 1,662 Cr | Rs 255 Cr | 67.62x | 25.60% |
| Esab India Limited | Rs 5,322 | Rs 8,191 Cr | Rs 1,584 Cr | Rs 222 Cr | 36.91x | 56.13% |
| KRN Heat Exchanger and Refrigeration LimitedThis company | Rs 1,207.5 | Rs 7,904 Cr | Rs 918 Cr | Rs 115 Cr | 66.64x | 21.45% |
| Harsha Engineers International Limited | Rs 423.9 | Rs 3,859 Cr | Rs 1,752 Cr | Rs 155 Cr | 24.95x | 12.00% |
| Subros Limited | Rs 586.1 | Rs 3,824 Cr | Rs 3,948 Cr | Rs 166 Cr | 22.99x | 14.23% |
| Ador Welding Limited | Rs 1,359.2 | Rs 2,365 Cr | Rs 1,290 Cr | Rs 115 Cr | 20.49x | 16.72% |
| Diffusion Engineers Limited | Rs 405.85 | Rs 1,519 Cr | Rs 450 Cr | Rs 54.8 Cr | 27.67x | 10.01% |
| MIC Electronics Limited | Rs 36.97 | Rs 891 Cr | Rs 224 Cr | Rs -12.2 Cr | — | -5.55% |
| Median | Rs 815.75 | Rs 3,859 Cr | Rs 1,437 Cr | Rs 135 Cr | 27.71x | 15.47% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to KRN Heat Exchanger and Refrigeration
Same official industry (Other Industrial Products)
- HBL Engineering LimitedHBLENGINE · Market cap Rs 22,613 Cr
- INOX India LimitedINOXINDIA · Market cap Rs 17,234 Cr
- Esab India LimitedESABINDIA · Market cap Rs 8,191 Cr
- Harsha Engineers International LimitedHARSHA · Market cap Rs 3,859 Cr
- Subros LimitedSUBROS · Market cap Rs 3,824 Cr
- Ador Welding LimitedADOR · Market cap Rs 2,365 Cr
- Diffusion Engineers LimitedDIFFNKG · Market cap Rs 1,519 Cr
- MIC Electronics LimitedMICEL · Market cap Rs 891 Cr
Other Industrials companies of a similar market capitalisation
- Transformers And Rectifiers (India) LimitedTARIL · Market cap Rs 9,480 Cr
- RITES LimitedRITES · Market cap Rs 9,363 Cr
- KEC International LimitedKEC · Market cap Rs 9,153 Cr
- TITAGARH RAIL SYSTEMS LIMITEDTITAGARH · Market cap Rs 8,952 Cr
- Jupiter Wagons LimitedJWL · Market cap Rs 8,253 Cr
- Afcons Infrastructure LimitedAFCONS · Market cap Rs 7,784 Cr
- NCC LimitedNCC · Market cap Rs 7,416 Cr
- RHI MAGNESITA INDIA LIMITEDRHIM · Market cap Rs 7,228 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.