Routine Neutral

2026-11-05 12:28

- The company clarified that the significant increase in the volume of its equity shares is purely market driven. - The company confirmed that there are no pending announcements or price-sensitive information that should be disclosed to the stock exchanges.

Business Update Neutral

2026-10-30 13:38

- KRN Heat Exchanger released its Investor Presentation covering Q2 & H1 performance. - Highlights manufacturing capabilities in Neemrana, Rajasthan, servicing HVAC, refrigeration, data centers, automotive, and railways. - Details product portfolio expansion, including the acquisition of Sphere Refrigeration Systems' Bus AC Division.

Business Update Neutral

2026-10-30 13:33

- KRN Heat Exchanger and Refrigeration Ltd submitted its Investor Presentation for Q2 & H1 FY27. - Highlights company background, business segments including HVAC, Bus AC, and Bar & Plate systems, and manufacturing capabilities.

Financials Neutral

2026-10-29 17:50

Q2 FY27 Consolidated Revenue ₹319.14Cr vs ₹152.07Cr (▲110% YoY) EBITDA ₹48.75Cr vs ₹30.26Cr (▲61% YoY) PAT ₹36.11Cr vs ₹18.02Cr (▲100% YoY) EBITDA Margin 15.3% vs 19.9% (▼463bps)

Financials Neutral

2026-10-29 17:00

Q2 FY27 Consolidated Revenue ₹319.14Cr vs ₹152.07Cr (▲110% YoY) EBITDA ₹48.75Cr vs ₹30.26Cr (▲61% YoY) PAT ₹36.11Cr vs ₹18.02Cr (▲100% YoY) EBITDA Margin 15.27% vs 19.90% (▼463bps)

Financials Positive

2026-10-29 16:54

Q2 FY27 Consolidated Revenue ₹319.14Cr vs ₹152.07Cr (▲110% YoY) EBITDA ₹48.75Cr vs ₹30.26Cr (▲61% YoY) PAT ₹36.11Cr vs ₹18.02Cr (▲100% YoY) EBITDA Margin 15.3% vs 19.9% (▼463bps)

Financials Neutral

2026-10-29 16:51

Q2 FY27 Consolidated Revenue ₹319.14Cr vs ₹152.07Cr (▲110% YoY) EBITDA ₹48.75Cr vs ₹30.26Cr (▲61% YoY) PAT ₹36.11Cr vs ₹18.02Cr (▲100% YoY) EBITDA Margin 15.27% vs 19.90% (▼463bps)

Business Update Neutral

2026-10-26 22:12

Concall Schedule Concall Date: October 30, 2026 Concall Time: 03:00 PM IST

Business Update Neutral

2026-10-26 22:04

Concall Schedule Concall Date: October 30, 2026 Concall Time: 03:00 PM IST

Governance Neutral

2026-10-21 20:04

- Board Meeting scheduled on October 29, 2026. - Agenda: Consider and approve unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. - Trading window to remain closed until October 31, 2026.

Routine Neutral

2026-09-26 17:52

- Trading window closed for Designated Persons and immediate relatives from October 1, 2026. - Window will reopen 48 hours after declaration of un-audited financial results for quarter and half year ending September 30, 2026. - Board meeting date to be intimated separately.

Routine Neutral

2026-09-26 17:48

- Trading window for dealing in company securities will remain closed starting October 1, 2026. - Closure applies to all Designated Persons and their immediate relatives. - Reopens 48 hours after declaration of un-audited financial results for the quarter and half-year ending September 30, 2026. - Board meeting date will be intimated separately.

Governance Neutral

2026-09-26 16:52

- KRN Heat Exchanger and Refrigeration Limited held its 9th Annual General Meeting (AGM) on September 25, 2026. - All five resolutions, including the adoption of financial statements, re-appointment of a director, ratification of cost auditor remuneration, and revision in remuneration for the CMD and Whole-time Director, were approved with the requisite majority.

Governance Neutral

2026-09-25 20:57

- KRN Heat Exchanger and Refrigeration Limited held its 9th Annual General Meeting on September 25, 2026, through video conferencing. - Shareholders considered and adopted the audited standalone and consolidated financial statements for FY 2025-26. - Mr. Manohar Lal was re-appointed as a director retiring by rotation. - Remuneration of the cost auditor, Chairman & Managing Director (Mr. Santosh Kumar Yadav), and Whole-time Director (Mrs. Anju Devi) was approved.

Business Update Neutral

2026-09-24 17:40

Concall Schedule Concall Date: 29th and 30th September, 2026 Concall Time: 11:30 AM IST Onwards

Business Update Neutral

2026-08-18 18:17

- Concall Schedule - Concall Date: 21st August, 2026 - Concall Time: 12:00 Noon Onwards

Business Update Neutral

2026-08-18 18:12

- Concall Schedule - Concall Date: 21st August, 2026 - Concall Time: 12:00 Noon Onwards

Business Update Neutral

2026-08-13 22:42

- KRN Heat Exchanger and Refrigeration Limited has filed an Investor Presentation for Q1 FY27 (quarter ended June 30, 2026). - The presentation covers company overview, business segments, journey, and will include unaudited standalone and consolidated financial results.

Business Update Neutral

2026-08-13 22:41

- KRN Heat Exchanger and Refrigeration Limited submitted an Investor Presentation for Q1 FY27, for the quarter ended June 30, 2026. - The presentation provides an overview of the company, its business segments, historical journey, and management details. - It accompanies the unaudited Standalone and Consolidated Financial Results, though specific financial figures are not included in the provided pages.

Financials Positive

2026-08-13 15:04

- Q1 FY27 Consolidated Revenue ₹252.32 Cr vs ₹115.28 Cr (▲118.87% YoY) - EBITDA ₹49.06 Cr vs ₹17.59 Cr (▲178.85% YoY) - PAT ₹32.90 Cr vs ₹12.42 Cr (▲164.84% YoY) - EBITDA Margin 19.44% vs 15.26% (▲418bps) - Overseas revenue grew 177.31% YoY, contributing 20.76% of total revenue. - QIP completed, raising ₹350 Cr with proceeds allocated as stated. - Domestic supply order of ₹50.87 Cr received post-quarter for heat exchanger coils.

Financials Positive

2026-08-13 15:03

- Q1 FY27 Consolidated Revenue ₹252.32 Cr vs ₹115.28 Cr (▲118.87% YoY) - EBITDA ₹49.06 Cr vs ₹17.59 Cr (▲178.85% YoY) - PAT ₹32.90 Cr vs ₹12.42 Cr (▲164.84% YoY) - EBITDA Margin 19.44% vs 15.26% (▲418 bps)

Business Update Positive

2026-08-12 21:06

- KRN Heat Exchanger and Refrigeration Limited filed its Monitoring Agency Report for Q1 FY27 (quarter ended June 30, 2026), concerning the utilization of QIP proceeds. - Net proceeds of ₹34,179.48 lakhs from the QIP are being utilized as per the offer document. - ₹3,000 lakhs were fully utilized for repayment of outstanding borrowings. - ₹9,207.98 lakhs were utilized for working capital requirements of the material subsidiary, KRN HVAC Products Private Limited, with the unutilized balance of ₹14,317.77 lakhs invested in fixed deposits and bonds. - ₹7,653.73 lakhs were fully utilized for General Corporate Purposes. - No deviations from the objects or delays in implementation were reported.

Routine Positive

2026-08-12 21:06

- Final Monitoring Agency Report for Q1 FY27 (quarter ended June 30, 2026). - Crisil Ratings confirms full utilization of ₹34,194.60 lakhs IPO proceeds. - Funds were utilized as per the offer document, with no deviations or delays.

Routine Positive

2026-08-12 18:12

- KRN Heat Exchanger and Refrigeration Limited confirmed no deviation in the use of ₹349.99 Cr funds raised via Qualified Institutional Placement (QIP) on June 01, 2026, for the quarter ended June 30, 2026.

Routine Neutral

2026-08-12 18:08

- KRN Heat Exchanger and Refrigeration Limited confirmed no deviation in the utilization of funds raised through its Initial Public Offer (IPO) of INR 341.94 Crore. - The statement for the quarter ended June 30, 2026, reviewed by the Audit Committee, confirms funds were utilized as per the original objects.

Financials Positive

2026-08-12 17:57

- Q1 FY27 Consolidated Revenue ₹25,231.70 Lakhs vs ₹11,528.21 Lakhs (▲118.89% YoY) - EBITDA ₹5,183.96 Lakhs vs ₹2,116.95 Lakhs (▲144.95% YoY) - PAT ₹3,289.56 Lakhs vs ₹1,242.08 Lakhs (▲164.84% YoY) - EBITDA Margin 20.55% vs 18.36% (▲219bps) - Board approved the appointment of M/s. R S Chauhan & Associates as Cost Auditor and M/s. Sharma Shankar & Co. as Internal Auditor for FY 2026-27. - The company completed a Qualified Institutions Placement (QIP), raising ₹34,999.99 Lakhs. - Proceeds from both the IPO and QIP have been fully utilized towards stated objectives, including investment in a subsidiary for a new manufacturing facility and working capital.

Financials Positive

2026-08-12 17:53

- Q1 FY27 Consolidated Revenue ₹252.32 Cr vs ₹115.28 Cr (▲119% YoY) - EBITDA ₹51.84 Cr vs ₹21.17 Cr (▲145% YoY) - PAT ₹32.90 Cr vs ₹12.42 Cr (▲165% YoY) - EBITDA Margin 20.5% vs 18.4% (▲220bps) - Board approved the appointment of M/s. R S Chauhan & Associates as Cost Auditor for FY 2026-27. - Board approved the appointment of M/s. Sharma Shankar & Co. as Internal Auditor for FY 2026-27.

Financials Positive

2026-08-12 17:51

- Q1 FY27 Consolidated Revenue ₹252.32 Cr vs ₹115.28 Cr (▲119% YoY) - EBITDA ₹49.06 Cr vs ₹17.59 Cr (▲179% YoY) - PAT ₹32.90 Cr vs ₹12.42 Cr (▲165% YoY) - EBITDA Margin 19.4% vs 15.3% (▲410bps) - Company completed a Qualified Institutions Placement (QIP) raising ₹350 Cr, utilized for debt repayment and working capital requirements. - Approved appointments of M/s. R S Chauhan & Associates as Cost Auditor and M/s. Sharma Shankar & Co. as Internal Auditor for FY 2026-27.

Financials Positive

2026-08-12 17:48

- Q1 FY27 Consolidated Revenue ₹252.32Cr vs ₹115.28Cr (▲118.9% YoY) - EBITDA ₹49.06Cr vs ₹17.59Cr (▲178.9% YoY) - PAT ₹32.90Cr vs ₹12.42Cr (▲164.9% YoY) - EBITDA Margin 19.44% vs 15.26% (▲418bps) - Board approved the appointment of Cost Auditor and Internal Auditor for FY2026-27.

Financials Positive

2026-08-12 17:37

- Q1 FY27 Consolidated Revenue ₹252.32 Cr vs ₹115.28 Cr (▲119% YoY) - EBITDA ₹49.06 Cr vs ₹17.59 Cr (▲179% YoY) - PAT ₹32.90 Cr vs ₹12.42 Cr (▲165% YoY) - EBITDA Margin 19.44% vs 15.26% (▲418bps)

Financials Positive

2026-08-12 17:35

- Q1 FY27 Consolidated Revenue ₹252.32Cr vs ₹115.28Cr (▲119% YoY) - EBITDA ₹49.06Cr vs ₹17.59Cr (▲179% YoY) - PAT ₹32.90Cr vs ₹12.42Cr (▲165% YoY) - EBITDA Margin 19.4% vs 15.3% (▲410bps) - Board approved the appointment of M/s. R S Chauhan & Associates as Cost Auditor for FY 2026-27. - Board approved the appointment of M/s. Sharma Shankar & Co. as Internal Auditor for FY 2026-27.

Governance Neutral

2026-08-04 15:36

- Board meeting scheduled for August 12, 2026, to approve unaudited financial results (Standalone and Consolidated) for the quarter ended June 30, 2026. - Trading window will remain closed until August 14, 2026.

Business Update Positive

2026-07-23 21:00

- Order Win: KRN Heat Exchanger and Refrigeration Limited's wholly owned subsidiary, KRN HVAC Products Private Limited, received a domestic order for the supply of Heat Exchanger Coils. - Order Value: ₹43.11 Crore. - Delivery Period: As per the order terms.

Business Update Positive

2026-07-23 20:59

- Order Win: KRN HVAC Products Private Limited (a wholly owned subsidiary of KRN Heat Exchanger and Refrigeration Limited) received a domestic order for supply of Heat Exchanger Coils. - Order Value: ₹43.11 Crore. - Completion Timeline: As per order terms.

Routine Neutral

2026-06-27 13:48

- The trading window for dealing in company securities will close from July 1, 2026, for Designated Persons. - This is ahead of the declaration of un-audited financial results for the quarter ended June 30, 2026. - The window will reopen 48 hours after results declaration; the board meeting date will be intimated separately.

Governance Neutral

2026-06-27 13:47

- Trading window for Designated Persons closed from July 1, 2026. - Will reopen 48 hours after Q1 FY27 un-audited financial results (quarter ending June 30, 2026) are declared. - Board meeting date for results to be intimated separately.

Business Update Negative

2026-06-20 16:41

CRITICAL RED FLAG DETECTED

- KRN Heat Exchanger received an order from the Deputy Commissioner of State Tax on June 19, 2026. - The order demands ₹4.95 Cr tax, ₹0.10 Cr interest, and ₹0.49 Cr penalty for ineligible Input Tax Credit for FY 2025-26 (total approx. ₹5.53 Cr). - The company plans to challenge the order, stating no material financial impact except for the interest.

Business Update Negative

2026-06-20 16:33

CRITICAL RED FLAG DETECTED

- KRN Heat Exchanger received an order from Rajasthan GST Authority for ineligible Input Tax Credit (ITC) for FY2025-26. - The demand totals approximately ₹5.54 Cr, comprising ₹4.95 Cr in Tax, ₹0.10 Cr in Interest, and ₹0.49 Cr in Penalty. - The company plans to challenge the order, stating no material financial impact except for the interest component.

Ownership Neutral

2026-06-11 19:40

- Promoters Santosh Kumar Yadav and Anju Devi sold 1,000,000 equity shares (1.52% of paid-up capital) of KRN Heat Exchanger and Refrigeration Limited. - The shares were sold via open market on June 9, 2026. - Post-transaction, the total promoter holding decreased from 67.22% to 65.68%.

Ownership Negative

2026-06-11 19:34

- Promoters (Santosh Kumar Yadav and Anju Devi) sold 1,000,000 equity shares (1.52% of paid-up capital) via open market sale on June 9, 2026. - Promoter holding decreased from 67.22% to 65.69%.

Business Update Positive

2026-06-09 16:49

- BFC approved an investment of ₹235.26 Crores in KRN HVAC Products Private Limited (KHPL), a wholly-owned subsidiary, for 78,41,917 equity shares at ₹300/share. - Funds from QIP will be used for KHPL's working capital requirements. - KHPL's turnover for FY 2025-26 was ₹218.85 Crore.

Business Update Positive

2026-06-09 16:46

- The Banking and Finance Committee approved an investment of ₹235.26 Cr (78,41,917 shares at ₹300 each) in its wholly-owned subsidiary, KRN HVAC Products Private Limited (KHPL). - This investment, funded by QIP proceeds, is to meet KHPL's working capital requirements. - KHPL's revenue for FY 2025-26 was ₹218.85 Crore.

Business Update Neutral

2026-06-03 18:50

- Concall Schedule - Concall Date: 08th June 2026 to 09th June 2026 - Concall Time: 10:00 AM IST Onwards

Business Update Neutral

2026-06-03 18:50

- Concall Schedule - Concall Date: 08th June, 2026 to 9th June, 2026 - Concall Time: 10:00 AM IST Onwards - Event: India Investor Conference organised by ICICI Securities Limited - Type of Meeting: Group Meeting and One-on-One (Physical) - Location: Mumbai

Business Update Neutral

2026-06-03 18:47

- Concall Schedule - Concall Date: 08th June, 2026 to 9th June 2026 - Concall Time: 10:00 AM IST Onwards - Details: KRN Heat Exchanger and Refrigeration Limited will attend the India Investor Conference organised by ICICI Securities Limited, featuring Group Meetings and One-on-One interactions in Mumbai.

Business Update Positive

2026-06-01 23:25

- KRN Heat Exchanger and Refrigeration Limited approved the allotment of 33,01,886 Equity Shares at ₹1,060 each via a Qualified Institutional Placement (QIP). - The QIP raised ₹34,999.99 lakhs (approx. ₹350 crores), with shares allotted at a 4.85% discount to the floor price.

Business Update Positive

2026-06-01 23:24

- KRN Heat Exchanger allotted 33,01,886 equity shares through a Qualified Institutional Placement (QIP) on June 1, 2026. - The QIP raised ₹34,999.99 lakhs (approx. ₹350 Cr) at an issue price of ₹1,060 per share, including a 4.85% discount to the floor price.

Business Update Positive

2026-06-01 22:28

- The Fund-Raising Committee approved the closure of the Qualified Institutional Placement (QIP) on June 1, 2026. - The company allocated 33,01,886 Equity Shares to eligible Qualified Institutional Buyers (QIBs). - The Issue price was ₹1,060.00 per Equity Share (including a premium of ₹1,050.00). - The issue price represents a discount of 4.85% to the floor price of ₹1,114.05.

Ownership Positive

2026-06-01 22:24

- The Fund-Raising Committee approved the closure of the Qualified Institutional Placement (QIP) on June 1, 2026. - 33,01,886 Equity Shares were allocated at an issue price of ₹1,060.00 per share, reflecting a 4.85% discount to the floor price of ₹1,114.05.

Routine Negative

2026-05-30 09:19

CRITICAL RED FLAG DETECTED

KRN Heat Exchanger And Refrigeration Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report highlighted a past non-compliance due to a 41-day delay in constituting the Risk Management Committee, caused by a Company Secretary cum Compliance Officer's resignation. This resulted in a penalty of ₹82,000 each from NSE and BSE, which was paid on November 6, 2025. The committee was constituted on May 12, 2025. No auditor resignation occurred during the period.

Business Update Neutral

2026-05-27 00:26

KRN Heat Exchanger and Refrigeration Limited announced a schedule for an Analyst/Institutional Investor meeting. The company officials will meet Wasatch Global in a one-on-one physical meeting on May 30, 2026, at 10:00 AM IST. The company stated that no unpublished price sensitive information (UPSI) will be discussed during the interaction.

Business Update Neutral

2026-05-27 00:24

KRN Heat Exchanger and Refrigeration Limited announced a one-on-one physical meeting with Wasatch Global scheduled for May 30, 2026, starting at 10:00 AM IST. The company stated that no unpublished price sensitive information will be discussed during the interaction.

Ownership Positive

2026-05-26 23:17

KRN Heat Exchanger and Refrigeration Limited's Fund-Raising Committee approved the opening of a Qualified Institutional Placement (QIP) of equity shares on May 26, 2026. The floor price for the issue has been set at ₹1,114.05 per equity share, with a potential discount of up to 5%. The trading window for designated persons has been closed from May 26, 2026.

Business Update Positive

2026-05-26 23:15

KRN Heat Exchanger and Refrigeration Limited's Fund-Raising Committee (FRC) approved the opening of a Qualified Institutions Placement (QIP) on May 26, 2026. The floor price for the issue has been set at ₹1,114.05 per equity share, with the company having the option to offer a discount of up to 5% on this price. The trading window for designated persons is closed from May 26, 2026, until 48 hours after the issue price is determined.

Ownership Negative

2026-05-26 23:13

KRN Heat Exchanger and Refrigeration Limited's Promoter, Chairman & MD Santosh Kumar Yadav, along with other promoters, intends to sell up to 1,000,000 equity shares for personal and financial reasons. This sale is subject to pre-clearance and approvals, and will occur after a Qualified Institutional Placement (QIP) if undertaken within two months from May 26, 2026.

Ownership Negative

2026-05-26 22:42

KRN Heat Exchanger and Refrigeration Limited received intimation from its promoters, including Chairman & MD Santosh Kumar Yadav, of their intention to sell up to 1,000,000 equity shares from their holdings and the promoter group, citing "personal and financial reason." The sale is contingent on pre-clearance and approvals, and will proceed only after any Qualified Institutions Placement undertaken within two months.

Ownership Neutral

2026-05-26 22:34

KRN Heat Exchanger and Refrigeration Limited disclosed that Promoter Santosh Kumar Yadav, along with other promoter group members, intends to sell up to 1,000,000 equity shares of the Company. The sale is for personal and financial reasons and is conditional on the completion of a Qualified Institutions Placement (QIP), if undertaken within two months. All necessary pre-clearances and approvals under insider trading regulations will be obtained.

Business Update Positive

2026-05-20 20:46

KRN Heat Exchanger and Refrigeration Limited reported strong FY26 results with consolidated total income up 38.06% YoY, EBITDA up 59.52% YoY, and PAT up 44.62% YoY. For Q4 FY26, consolidated total income grew 33.5% YoY, EBITDA by 77.56% YoY, and PAT by 57.14% YoY. Management guided for 50% utilization of the new HVAC facility in FY27 and 80% in FY28. Key growth drivers include expansion into new product segments like Bus AC and liquid cooling solutions for AI data centers, significant growth from data center exports (targeting double last year's export), and entry into railways and marine segments. They anticipate slight margin improvement driven by PLI incentives, higher export margins, and solar energy savings, with the ability to pass on raw material cost increases. A QIP of up to Rs.500 crores is being considered primarily for working capital.

Business Update Positive

2026-05-20 16:14

KRN HVAC Products Private Limited, a subsidiary of KRN Heat Exchanger and Refrigeration Limited, received approval under the Rajasthan Investment Promotion Scheme (RIPS-2024) for its Neemrana Plant. The approval includes a Turnover Linked Incentive of 1.54% of Net Sales/Turnover and approved Eligible Fixed Capital Investment (EFCI) of ₹182.95 Crore. This is expected to provide fiscal benefits, enhance operational efficiency, improve cost competitiveness, and positively impact profitability.

Business Update Positive

2026-05-20 14:43

KRN Heat Exchanger and Refrigeration Limited's wholly-owned subsidiary, KRN HVAC Products Private Limited, has received approval under the Rajasthan Investment Promotion Scheme (RIPS-2024) for its Neemrana Plant. This entitles the company to a Turnover Linked Incentive of 1.40% on Eligible Fixed Capital Investment (EFCI), with total EFCI approved at ₹182.95 Crore. The scheme is expected to provide fiscal benefits, enhance operational efficiency, improve cost competitiveness, and positively contribute to the company's profitability and market position. The entitlement certificate was issued on May 20, 2026.

Business Update Neutral

2026-05-17 11:12

KRN Heat Exchanger and Refrigeration Limited announced that its management will be meeting investors for an Investor Meet from May 20, 2026, to May 22, 2026. The company clarified that no Unpublished Price Sensitive Information will be shared during the meetings.

Governance Negative

2026-05-16 18:02

CRITICAL RED FLAG DETECTED

KRN Heat Exchanger and Refrigeration Limited announced the resignation of Mr. Sonu Gupta from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective from the close of business hours on May 14, 2026. Mr. Gupta cited internal restructuring and a changed role, and will continue as a Senior Management Personnel of the Company.

Business Update Neutral

2026-05-16 01:15

KRN Heat Exchanger and Refrigeration Limited announced the availability of the audio recording for its Q4 FY26 Earnings Conference Call, held on May 15, 2026. The call discussed the audited financial results for the quarter and year ended March 31, 2026, and the recording is accessible via a link on the company's website.

Financials Positive

2026-05-14 19:24

Consolidated Revenue ₹179.48 Cr vs ₹131.50 Cr (▲36.48% YoY), EBITDA ₹59.78 Cr vs ₹43.03 Cr (▲38.92% YoY), PAT ₹23.36 Cr vs ₹14.87 Cr (▲57.14% YoY). EBITDA Margin 33.31% vs 32.72% (▲59bps). The Board also approved the appointment of Mr. Pawan Nawal as Chief Financial Officer and re-designated Mr. Sonu Gupta as GM Finance.

Business Update Neutral

2026-05-11 20:07

KRN Heat Exchanger and Refrigeration Limited announced an Investors/Analysts Conference Call to discuss the Audited financial results for Q4 & 12M FY26. The call is scheduled for Friday, May 15, 2026, at 1:00 P.M. (IST).

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