profit from every ₹100 of sales.

KRN HEAT Exchange N REF L
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹87.69 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What KRN HEAT Exchange N REF L sold, what it kept, and what it did with the cash.
Sales went from ₹2.47 billion in 2023 to ₹6.00 billion in 2026, with ₹765 million of profit last year.
KRN HEAT Exchange N REF L vs. similar companies
KRN HEAT Exchange N REF L grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
KRN HEAT Exchange N REF L | 87.7× · Very expensive | ||
Amphenol | 45.2× · Expensive | ||
Hon Hai Precision Industry | 17.9× · Fair price | ||
Corning | 61.6× · Very expensive | ||
Delta Electronics | 53.6× · Expensive |
AI analysis
An AI analyst reads KRN HEAT Exchange N REF L's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 2,473 | 3,081 | 4,298 | 6,001 | |
| 636 | 801 | 1,109 | 1,883 | |
| 471 | 558 | 659 | 937 | |
| 510 | 625 | 824 | 1,226 | |
| 323 | 394 | 529 | 765 | |
| 6.93 | 8.45 | 9.75 | 12.30 | |
| 25.7% | 26.0% | 25.8% | 31.4% | |
| 19.1% | 18.1% | 15.3% | 15.6% | |
| 13.1% | 12.8% | 12.3% | 12.7% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 1,488 | 2,574 | 5,951 | 9,318 |
| Cash | 75 | 103 | 103 | 100 |
| Total debt | 366 | 870 | 335 | 1,873 |
| Total liabilities | 892 | 1,271 | 965 | 3,578 |
| 596 | 1,303 | 4,986 | 5,740 | |
| 47 | 47 | 54 | 62 | |
| 37.3% | 20.2% | 11.0% | 10.2% | |
| 54.2% | 30.2% | 10.6% | 13.3% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 51 | 169 | 214 | -1,138 | |
| 140 | 698 | 1,510 | 2,475 | |
| -89 | -529 | -1,296 | -3,613 | |
| Dividends paid | – | – | – | – |
| – | – | – | 3 | |
| – | – | – | – |
Valuation
- 87.7×
- –
- 4.16
- 13.7×
- 11.2×
- –
- 56.1×
- -5.4%
- 1.1%
- –
Profitability
- 31.4%
- 15.6%
- 12.7%
- –
- 10.2%
- 19.7%
- –
- –
- –
- –
Growth
- +34.4%
- +21.1%
- –
- –
- +10.1%
Financial health
- 1.4×
- 0.33
- –
- 17.6×
- 1.64
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
Jensen Huang Heat Intensifies As Taiwan Revokes Entry for Alleged Spy Who Slipped In On Hong Kong PassportYahoo Finance · Nov 12, 2026McDonald’s tests new value menu as fast-food discount wars heat upMarketWatch · Nov 5, 2026Marvell Technology Will Heat Up Very Soon and I’m Buying in AdvanceYahoo Finance · Oct 19, 2026AST SpaceMobile’s stock is feeling the heat from SpaceX’s wireless plansMarketWatch · Oct 13, 2026Trump turns up the heat on Warsh as Fed rate hike loomsCNBC · Sep 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about KRN HEAT Exchange N REF L
Is KRN HEAT Exchange N REF L a good stock to buy?
A solid business, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the KRN HEAT Exchange N REF L AI analysis
What does KRN HEAT Exchange N REF L do?
KRN Heat Exchanger and Refrigeration Limited manufactures and sells heat exchangers, evaporators, and condensers to original equipment manufacturers in the heat, ventilation, air conditioning, and refrigeration industries. It is in Electronic Components, based in Neemrana, India.
Is KRN HEAT Exchange N REF L stock halal?
Yes. KRN HEAT Exchange N REF L passes our halal screen: its business is permitted and its debt is 3% of its market value, under the 30% limit. How we check
How has KRN HEAT Exchange N REF L stock done over the past year?
Up 40.5% over the past twelve months, to ₹1,024.40. It traded between ₹598.10 and ₹1,660.20 and is 38.3% below its high.
Who are KRN HEAT Exchange N REF L's competitors?
The largest listed companies in the same industry are Amphenol, Hon Hai Precision Industry, Corning and Delta Electronics. The peers table on this page compares their profit, growth and price with KRN HEAT Exchange N REF L's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



