Electronic Components company KRN Heat Exchanger and Refrigeration announced Q1FY26 results The Company recorded a total segment revenue of Rs 115.28 crore in Q1FY26, reflecting a robust YoY growth of 20.36%. Domestic revenue stood at Rs 96.39 crore, contributing 83.62% to the total, and marking a 17.27% increase over Q1FY25. Overseas revenue grew by 39.04% YoY to Rs 18.89 crore, accounting for 16.38% of total segment revenue. Key markets included the UAE (Rs 8.76 crore) and Italy (Rs 3.57 crore). The Company also generated revenue from a diversified international portfolio, with contributions from Canada, Croatia, France, Germany, and Spain, highlighting its expanding global footprint. Santosh Kumar, Chairman & Managing Director, KRN Heat Exchanger and Refrigeration, said: “We have made a strong start to FY26. The successful commissioning of our Neemrana facility under our subsidiary, KRN HVAC Products Pvt. Ltd., marks a major milestone in our growth journey. This state-of-the-art manufacturing hub significantly enhances our ability to localize production, serve both domestic and export markets more efficiently, and strengthen backward integration. The HVAC industry continues to benefit from robust tailwinds, including sustained infrastructure development, increasing adoption of energy-efficient systems, and growing demand for thermal management solutions. KRN is strategically aligned with these trends, and we are actively scaling our capacities to meet the evolving needs of our customers. With the PLI incentive approval, we are further strengthening our value chain and reinforcing our presence in key markets, both in India and globally.” Result PDF
Electronic Components company KRN Heat Exchanger and Refrigeration announced Q4FY25 & FY25 results Consolidated Q4FY25 Financial Highlights: Total Income: Rs 135.83 crore in Q4FY25; Rs 83.69 crore in Q4FY24 up 62.30% EBITDA: Rs 18.89 crore in Q4FY25; Rs 17.58 crore in Q4FY24 up 7.48% Net Profit: Rs 14.87 crore in Q4FY25; Rs 12.05 crore in Q4FY24 up 23.44% EPS: Rs 2.39 in Q4FY25; Rs 2.62 in Q4FY24 down 8.78% Consolidated FY25 Financial Highlights: Total Income: Rs 441.71 crore in FY25; Rs 313.74 crore in FY24 up 40.79% EBITDA: Rs 70.51 crore in FY25; Rs 58.45 crore in FY24 up 20.63% Net Profit: Rs 52.88 crore in FY25; Rs 39.39 crore in FY24 up 34.25% EPS: Rs 9.75 in FY25; Rs 8.76 in FY24 up 11.30% Standalone Q4FY25 Financial Highlights: Total Income: Rs 132.16 crore in Q4FY25; Rs 83.55 crore in Q4FY24 up 58.18% EBITDA: Rs 20.24 crore in Q4FY25; Rs 17.90 crore in Q4FY24 up 13.07% Net Profit: Rs 13.75 crore in Q4FY25; Rs 12.39 crore in Q4FY24 up 10.98% EPS: Rs 2.20 in Q4FY25; Rs 2.70 in Q4FY24 down 18.52% Standalone FY25 Financial Highlights: Total Income: Rs 438.47 crore in FY25; Rs 313.60 crore in FY24 up 39.82% EBITDA: Rs 71.01 crore in FY25; Rs 58.93 crore in FY24 up 20.50% Net Profit: Rs 50.17 crore in FY25; Rs 39.88 crore in FY24 up 25.79% EPS: Rs 9.25 in FY25; Rs 8.87 in FY24 up 4.28% Comment on Financial Performance Santosh Kumar, Chairman & Managing Director of KRN Heat Exchanger and Refrigeration said, “FY25 has been a landmark year for KRN, with strong operational performance and key milestones. We maintained capacity utilization above 90%, reflecting healthy demand and efficient execution. During the year, we operationalized our bar-plate facility and launched a dedicated R&D; arm to drive innovation. Our focus on efficiency also progressed well, with solar integration, automation, and ERP implementation enhancing transparency, cost control, and discipline. These structural improvements are set to boost our margin profile over the coming years. Looking ahead, commercial production at our Neemrana plant under KRN HVAC is expected in Q2FY26. This facility, with a sixfold capacity increase, will support entry into high-growth sectors like railway electrification, heavy equipment, and industrial cooling. We aim to scale capacity utilization to 80–85% over the next three years, supported by a strong order pipeline and our MoU with the Rajasthan government. Sectoral demand remains robust, particularly in cold storage, data centers, and commercial cooling. Export opportunities, especially in North America, are improving due to favorable tariff changes. Our recent entry into the bar & plate segment is also gaining momentum in railway and industrial applications. With these tailwinds and our growing capabilities, KRN is well-positioned to tap emerging opportunities in energy-efficient infrastructure, both in India and globally." Result PDF