Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of KRN Heat Exchanger and Refrigeration Ltd
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 71 | 66 | 82 | 96 | 91 | 111 | 132 | 115 | 152 | 153 | 179 |
| Expenses + | 58 | 54 | 64 | 78 | 73 | 96 | 113 | 98 | 122 | 122 | 146 |
| Operating Profit | 13 | 12 | 18 | 18 | 18 | 16 | 19 | 18 | 30 | 31 | 34 |
| OPM % | 19% | 18% | 21% | 18% | 20% | 14% | 14% | 15% | 20% | 20% | 19% |
| Other Income + | 1 | 1 | 2 | 1 | 1 | 5 | 4 | 4 | 2 | 2 | 2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 6 | 6 |
| Profit before tax | 12 | 11 | 17 | 17 | 17 | 19 | 21 | 18 | 27 | 26 | 27 |
| Tax % | 29% | 29% | 30% | 29% | 29% | 28% | 30% | 32% | 33% | 12% | 13% |
| Net Profit + | 9 | 8 | 12 | 12 | 12 | 14 | 15 | 12 | 18 | 23 | 23 |
| EPS in Rs | 1.96 | 1.71 | 2.61 | 2.59 | 1.98 | 2.21 | 2.39 | 2.00 | 2.90 | 3.65 | 3.76 |
Financials of KRN Heat Exchanger and Refrigeration Ltd
Annual income statement trend
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Sales + | 307 | 430 | 600 |
| Expenses + | 249 | 359 | 488 |
| Operating Profit | 59 | 70 | 112 |
| OPM % | 19% | 16% | 19% |
| Other Income + | 5 | 12 | 10 |
| Interest | 4 | 3 | 6 |
| Depreciation | 4 | 5 | 19 |
| Profit before tax | 56 | 74 | 98 |
| Tax % | 30% | 29% | 22% |
| Net Profit + | 39 | 53 | 76 |
| EPS in Rs | 8.54 | 8.51 | 12.30 |
| Dividend Payout % | 0% | 0% | 0% |
Financials of KRN Heat Exchanger and Refrigeration Ltd
Capital structure and asset base
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 46 | 62 | 62 |
| 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 |
Financials of KRN Heat Exchanger and Refrigeration Ltd
Operating, investing and financing cash movement
| 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 |
| Free Cash Flow | -41 | -65 | -312 |
| CFO/OP | 54% | 61% | -82% |
Financials of KRN Heat Exchanger and Refrigeration Ltd
Working capital efficiency and return ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 62 | 79 | 106 |
| Inventory Days | 139 | 110 | 242 |
| Days Payable | 60 | 63 | 140 |
| Cash Conversion Cycle | 141 | 125 | 208 |
| Working Capital Days | 62 | 153 | 110 |
| ROCE % | 21% | 16% |