KRN Heat Exchanger and Refrigeration Limited

NSEI:KRN Stock Report

Market Cap: ₹72.9b

KRN Heat Exchanger and Refrigeration Past Earnings Performance

Past criteria checks 4/6

KRN Heat Exchanger and Refrigeration has been growing earnings at an average annual rate of 30.7%, while the Building industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 27.3% per year. KRN Heat Exchanger and Refrigeration's return on equity is 13.3%, and it has net margins of 12.5%.

Key information

30.73%

Earnings growth rate

25.12%

EPS growth rate

Building Industry Growth20.17%
Revenue growth rate27.34%
Return on equity13.32%
Net Margin12.54%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article May 14

Is Now The Time To Put KRN Heat Exchanger and Refrigeration (NSE:KRN) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jun 21

Why We're Not Concerned About KRN Heat Exchanger and Refrigeration Limited's (NSE:KRN) Share Price

When close to half the companies in the Building industry in India have price-to-sales ratios (or "P/S") below 1.4x...
Analysis Article May 20

We Think That There Are Some Issues For KRN Heat Exchanger and Refrigeration (NSE:KRN) Beyond Its Promising Earnings

KRN Heat Exchanger and Refrigeration Limited ( NSE:KRN ) just released a solid earnings report, and the stock displayed...
Analysis Article Feb 07

Market Participants Recognise KRN Heat Exchanger and Refrigeration Limited's (NSE:KRN) Revenues Pushing Shares 25% Higher

Despite an already strong run, KRN Heat Exchanger and Refrigeration Limited ( NSE:KRN ) shares have been powering on...

Revenue & Expenses Breakdown

How KRN Heat Exchanger and Refrigeration makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:KRN Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 266,0987652,5320
31 Dec 255,5216801,6720
30 Sep 255,1035903060
30 Jun 254,4935332350
31 Mar 254,2985292210
31 Dec 243,8034971740
30 Sep 243,3454391520
30 Jun 243,2374141440
31 Mar 243,0833941390
31 Mar 232,475323990
31 Mar 221,561106620
31 Mar 2175834490
31 Mar 2083936380

Quality Earnings: KRN has a high level of non-cash earnings.

Growing Profit Margin: KRN's current net profit margins (12.5%) are higher than last year (12.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: KRN's earnings have grown significantly by 30.7% per year over the past 5 years.

Accelerating Growth: KRN's earnings growth over the past year (44.6%) exceeds its 5-year average (30.7% per year).

Earnings vs Industry: KRN earnings growth over the past year (44.6%) exceeded the Building industry 18.7%.


Return on Equity

High ROE: KRN's Return on Equity (13.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/16 01:05
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KRN Heat Exchanger and Refrigeration Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullDolat Capital Market Pvt. Ltd.
Yogesh PatilDolat Capital Market Pvt. Ltd.
Aniruddha JoshiICICI Securities Ltd.