ScoutQuest30 Oct 2026
KRN Heat Exchanger And Refrigeration544263Quarterly results

KRN Heat Exchanger Q2 FY27 revenue more than doubles to ₹319.14 Cr; H1 PAT up 126.68%

Q2 FY27 revenue up 109.86% to ₹319.14 Cr and PAT up 100.38% to ₹36.11 Cr; EBITDA margin eased to 15.27% from 19.90%.

By ScoutQuest · · 1 min read

69.01 (₹ Cr)
Q2 FY2736.11 (₹ Cr)H1 FY2769.01 (₹ Cr)
Net profit: 36.11 (₹ Cr) (Q2 FY27) and 69.01 (₹ Cr) (H1 FY27).
Q2 FY27 revenue
Q2 FY27 consolidated revenue rose 109.86% to ₹319.14 Cr from ₹152.07 Cr
PAT
PAT up 100.38% to ₹36.11 Cr
EBITDA and margin
EBITDA grew 61.10% to ₹48.75 Cr but the margin fell to 15.27% from 19.90%
Period
Q2 & H1 FY27
Positioning
KRN describes itself as one of India's leading integrated HVAC&R solutions providers, manufacturing at Neemrana, Rajasthan and exporting to markets including the UAE, USA and Italy.

📉 Q2 FY27 consolidated revenue rose 109.86% to ₹319.14 Cr from ₹152.07 Cr, with PAT up 100.38% to ₹36.11 Cr and EPS of ₹5.52. EBITDA grew 61.10% to ₹48.75 Cr but the margin fell to 15.27% from 19.90%. For H1 FY27, revenue was ₹571.45 Cr (up 113.75%) and PAT ₹69.01 Cr (up 126.68%).

🌍 FY26 revenue was ₹600.06 Cr against ₹429.85 Cr in FY25, with net profit of ₹76.47 Cr; operating cash flow was negative at -113.80 Cr in FY26. Export share rose to 16.57% of FY26 revenue, led by the UAE at 37.94% and USA at 31.10% of exports.

📌 The chairman says data centre cooling is becoming an important growth engine, with customers placing orders well in advance, and that the company is developing liquid cooling products. He states bus AC supplies to an OEM have started following the acquisition of Sphere Refrigeration's Bus AC Division.

🏭 Management says expanded Neemrana capacity, a stronger balance sheet and a wider customer base leave KRN well placed to keep growing, while it strengthens teams and systems to scale with discipline.

More numbers
  • Revenue from operations, Q2 FY27319.14 (₹ Cr)
  • Revenue growth YoY, Q2 FY27109.86%
  • EBITDA, Q2 FY2748.75 (₹ Cr)
  • EBITDA margin, Q2 FY2715.27%
  • Net profit, Q2 FY2736.11 (₹ Cr)
  • Revenue, H1 FY27571.45 (₹ Cr)
  • Net profit, H1 FY2769.01 (₹ Cr)
  • Net profit growth YoY, H1 FY27126.68%
  • Revenues, FY26600.06 (In ₹ Crores)
  • Net profit, FY2676.47 (In ₹ Crores)
  • Cash flow from operating activities, FY26-113.80 (In ₹ Crores)
  • Export sales share, FY2616.57
Source: BSE · 30 Oct 2026

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev