KRN Heat Exchanger and Refrigeration Limited
KRN Heat Exchanger and Refrigeration (KHERL), manufactures fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning, and Refrigeration Industry.
What KRN files
- Investor Meet84
- Others55
- Important19
- Board Meeting17
- Updates15
- PPTs10
KRN delivered robust Q1 FY27 consolidated results with Revenue up 119% and PAT soaring 165%. Exports surged 177%. The company also completed a ₹350 Cr QIP, secured a ₹183 Cr state incentive, and received a new ₹50.87 Cr order post-quarter.
KRN HVAC Products received RIPS-2024 approval for its Neemrana plant. This entitles the company to a 1.54% turnover-linked incentive and ₹182.95 Cr in eligible fixed capital investment. This is expected to enhance operational efficiency, improve profitability, and strengthen market position.
KRN's subsidiary secured a government incentive for its Neemrana Plant, including a 1.40% turnover-linked benefit on ₹182.95 Cr in fixed capital. This is expected to enhance operational efficiency and contribute positively to profitability.
KRN's CFO, Sonu Gupta, has resigned from his role as Chief Financial Officer and Key Managerial Personnel. He will continue as Senior Management.
KRN Heat Exchanger reported strong Q3 FY26 consolidated results: revenue rose 33.29% to ₹155.09 Cr, Net Profit surged 65.09% to ₹22.66 Cr, and EBITDA jumped 96.54% to ₹31.08 Cr. Management noted consistent execution, healthy demand, and improved order visibility driving growth.