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KRN

Krn Heat Exchange N Ref L Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 54/100 · Average See breakdown ↓
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as of —

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Change

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Day Open

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Day High

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Day Low

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NSE Close — 25 Sep 2026

₹1,381.8

Change

-19.8 (-1.41%)

Open

₹1,401.1

Prev. Close

₹1,401.6

Day High

₹1,433.4

Day Low

₹1,373.8

Volume Analysis

Traded

180,039

Delivered

96,076

Delivery %

53.36%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (1)

  • •Strong operating margin (20.0%)

Weaknesses (1)

  • •Promoter holding is falling

Opportunities (1)

  • •FII holding has been rising

Threats (0)

No signal for this stock

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹1,478.46 ₹1,455.93 ₹1,418.86 ₹1,396.33 ₹1,359.26 ₹1,336.73 ₹1,299.66
Fibonacci ₹1,455.93 ₹1,433.16 ₹1,419.1 ₹1,396.33 ₹1,373.56 ₹1,359.5 ₹1,336.73
Camarilla ₹1,398.19 ₹1,392.73 ₹1,387.26 ₹1,396.33 ₹1,376.34 ₹1,370.87 ₹1,365.41

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

+85.76%

1 Week

-2.45%

1 Month

-14.16%

3 Months

+10.31%

6 Months

+55.05%

1 Year

+66.3%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹159.91

Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

DuPont ROE Breakdown

13.64%

Net margin 13.16% × asset turnover 0.64x × equity multiplier 1.62x

Company Overview

Sector

Capital Goods

Market Cap

₹9,050 Cr

P/E (TTM)

93.4

ROE

14.3%

Book Value

₹92.4

Face Value

₹10.0

Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.

TopFund Analysis

Krn Heat Exchange N Ref L lands in the middle of the pack on TopFund's composite fundamentals check within the Capital Goods sector, at 54/100. The strongest factor is Financial Strength (98/100), while Valuation (0/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (20.0%); promoter holding is falling. FII holding has been rising.

TopFund Score — Fundamentals Quality

54/100 — Average

Data confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

98

Valuation

0

Cash Flow

0

Corporate Governance

43

Momentum

72

Institutional Ownership

63

Business Quality

73

Risk & Volatility

33

Liquidity

83

From Screener.in

  • +Company is expected to give good quarter
  • −Stock is trading at 15.0 times its book value
  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Promoter holding has decreased over last quarter: -5.10%
  • −Company might be capitalizing the interest cost

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Shareholder Meeting / Postal Ballot-Outcome of AGM 25 Sep 25 Sep
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Sep

KRN to meet Capital Group on 29 Sep 2026 and The International Investor on 30 Sep 2026.

Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep 03 Sep
Reg. 34 (1) Annual Report. 02 Sep

AGM on 25 September 2026; annual report for FY 2025-26 and e-voting schedule announced.

Notice Of 9Th Annual General Meeting 2 Sep 02 Sep

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Sales + 71 66 82 96 91 111 132 115 152 153 179 252
Expenses + 58 54 64 78 73 96 113 98 122 122 146 203
Operating Profit 13 12 18 18 18 16 19 18 30 31 34 49
OPM % 19.0% 18.0% 21.0% 18.0% 20.0% 14.0% 14.0% 15.0% 20.0% 20.0% 19.0% 19.0%
Other Income + 1 1 2 1 1 5 4 4 2 2 2 3
Interest 1 1 1 1 1 0 1 1 1 2 3 3
Depreciation 1 1 1 1 1 1 1 2 5 6 6 6
Profit before tax 12 11 17 17 17 19 21 18 27 26 27 42
Tax % 29.0% 29.0% 30.0% 29.0% 29.0% 28.0% 30.0% 32.0% 33.0% 12.0% 13.0% 22.0%
Net Profit + 9 8 12 12 12 14 15 12 18 23 23 33
EPS in Rs 2 2 3 3 2 2 2 2 3 4 4 5
Raw PDF — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2024 Mar 2025 Mar 2026 TTM
Sales + 307 430 600 737
Expenses + 249 359 488 593
Operating Profit 59 70 112 144
OPM % 19.0% 16.0% 19.0% 20.0%
Other Income + 5 12 10 9
Interest 4 3 6 8
Depreciation 4 5 19 23
Profit before tax 56 74 98 122
Tax % 30.0% 29.0% 22.0% —
Net Profit + 39 53 76 97
EPS in Rs 9 9 12 15
Dividend Payout % 0.0% 0.0% 0.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2024 Mar 2025 Mar 2026
Reserves 84 436 512
Borrowings + 87 33 187
Other Liabilities + 40 63 171
Total Liabilities 257 595 932
Fixed Assets + 82 85 314
CWIP 4 82 33
Investments 0 0 0
Other Assets + 171 428 585
Total Assets 257 595 932
Equity Capital 46 62 62

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + 17 21 -114
Cash from Investing Activity + -64 -279 -34
Cash from Financing Activity + 50 258 148
Net Cash Flow 3 0 0
CFO/OP 54 61 -82
Free Cash Flow -41 -65 -312

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 70.79% → 65.69%
  Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 17.69% 19.05% 21.72% 20.8% 17.53% 17.56% 16.16% 17.13%
Promoters 70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 65.69%
FII 4.05% 1.98% 1.21% 2.35% 5.46% 5.31% 6.66% 8.86%
DII 7.46% 8.18% 6.28% 6.06% 6.21% 6.35% 6.39% 8.33%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Capital Goods — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Krn Heat Exchange N Ref L (this stock) 9,050 93.4 14.96 14.3%
Kirloskar Pneumatic Com L 8,988 34.2 7.2 22.6%
Time Technoplast Ltd. 8,946 18.3 2.19 13.1%
Precision Wires India Ltd 9,188 542.0 44.91 8.88%
Kennametal India Limited 9,240 78.9 14.29 18.4%
Genus Power Infrastru Ltd 9,334 14.3 4.21 30.9%
Waaree Renewable Tech Ltd 8,694 17.1 9.31 68.3%

Which Mutual Funds Hold Krn Heat Exchange N Ref L?

Frequently Asked Questions about Krn Heat Exchange N Ref L

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