KRN Heat Exchanger and Refrigeration Ltd
KRN Heat Exchanger and Refrigeration (KHERL), manufactures fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning, and Refrigeration Industry.[1]
- Market Cap ₹ 2,805 Cr.
- Current Price ₹ 451
- High / Low ₹ 514 / 402
- Stock P/E 70.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 42.1 %
- ROE 41.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 52.6%
Cons
- Working capital days have increased from 89.6 days to 169 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Engineering Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 76 | 156 | 246 | 308 | |
| 70 | 139 | 197 | 249 | |
| Operating Profit | 5 | 17 | 49 | 59 |
| OPM % | 7% | 11% | 20% | 19% |
| 1 | 2 | 2 | 5 | |
| Interest | 1 | 2 | 3 | 4 |
| Depreciation | 2 | 3 | 3 | 4 |
| Profit before tax | 3 | 15 | 46 | 56 |
| Tax % | 27% | 29% | 29% | 29% |
| 2 | 11 | 32 | 40 | |
| EPS in Rs | 5.61 | 24.07 | 7.34 | 8.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 153% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| Last Year: | 42% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 44 | 46 | 62 |
| Reserves | 9 | 21 | 16 | 85 | 438 |
| 17 | 22 | 37 | 60 | 53 | |
| 23 | 45 | 53 | 39 | 55 | |
| Total Liabilities | 52 | 93 | 149 | 230 | 609 |
| 21 | 21 | 32 | 27 | 26 | |
| CWIP | 0 | 0 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 5 | 5 |
| 31 | 71 | 117 | 197 | 577 | |
| Total Assets | 52 | 93 | 149 | 230 | 609 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -1 | 4 | 5 | -7 | |
| -13 | -3 | -14 | -4 | |
| 9 | 3 | 11 | 14 | |
| Net Cash Flow | -5 | 5 | 2 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 84 | 70 | 57 | 62 |
| Inventory Days | 33 | 63 | 114 | 139 |
| Days Payable | 129 | 120 | 102 | 59 |
| Cash Conversion Cycle | -11 | 14 | 69 | 142 |
| Working Capital Days | 12 | 29 | 72 | 169 |
| ROCE % | 42% | 67% | 42% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10h - Copy of Newspaper publication for the financial results for the quarter and half year ended on September 30, 2024
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Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday October 30, 2024
1d - Approved un-audited financial results for Q2 FY2024.
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Outcome Of Board Meeting Held On Wednesday October 30, 2024
1d - Approved un-audited financial results for Q2 FY2024.
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
26 Oct - KRN HVAC Products signs MOU for Rs. 1000 Cr investment.
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Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1)(A) For The Approval Of Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2024.
24 Oct - Board meeting scheduled for financial results approval.
Annual reports
No data available.
Business Profile[1] KRN Heat Exchangers designs, manufactures, and supplies of heat exchangers and related thermal solutions. These products are used for efficient heat transfer between fluids, typically for heating or cooling applications.