Krn Heat Exchanger And Refrigeration Limited · NSE:KRN
Krn Heat Exchanger And Refrigeration — Q1 FY27 Earnings Presentation
34 slides from Krn Heat Exchanger And Refrigeration's earnings presentation, Aug 13, 2026
Slide 1: KRN Heat Exchanger and Refrigeration Limited – Investors' Presentation Cover Letter
KRN HEAT EXCHANGER AND REFRIGERATION LIMITED Registered & Work Office: Plot No.: F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana – 301705 (RJ) CIN No.: L29309RJ2017PLC058905 Contact No. 9116629184 Date: 13th August, 2026 To, To, BSE Ltd National Stock Exchange of India Limited Phiroze Jeejeebho
Slide 2: Investor Presentation Q1 FY27
KRN Heat Exchanger and Refrigeration Limited Investor Presentation Q1 FY27 Complete Refrigerator Fin & Tube Bar & Plate HVAC Railway Bus AC Components System Investor Presentation | Q1 FY27 1
Slide 3: Disclaimer – Safe Harbour Statement
Disclaimer Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by KRN Heat Exchanger And Refrigeration Limited (“KRN” or “the Company”) solely for information purposes, do not constitute any offer, recommendation, or invitation to purch
Slide 4: Index
Diime Index Particulars Particulars • About the Company • Q1 FY27 Performance and Outlook by the Chairman & Managing Director • Vision, Mission and Values • Q1 FY27 Key Financial Highlight- Standalone • Business Segments • Q1 FY27 Key Financial Highlight-Consolidated • Journey • Q1 FY27 Profit & Los
Slide 5: About The Company
Disclaimer About The Company Founded in October 2017 and headquartered in Neemrana, Rajasthan, KRN Heat Exchanger and Refrigeration Limited is one of India's leading manufacturers of heat exchangers and HVAC&R solutions for residential, commercial, and industrial applications. The Company manufactur
Slide 6: Vision, Mission and Values
Disclaimer Our vision is to become a globally recognized leader in thermal engineering solutions by consistently delivering innovation, quality, and OUR VISION sustainability. Our mission is to design and manufacture high-performance, energy- efficient, and customized thermal solutions that meet glo
Slide 7: Business Segments
Business Segments KRN Heat Exchanger And Refrigeration Limited KRN HVAC Products Private Limited Fin & Tube Bar & Plate Refrigerator Complete HVAC Railway Bus AC Components System Service Centres Hyderabad Punjab Indore Noida Delhi Ahmedabad Investor Presentation | Q1 FY27 6
Slide 8: Journey
Journey 2017 2018 Manufacturing Established Commenced KRN established its Commercial manufacturing manufacturing facility in operations commenced with the Neemrana, Rajasthan in installation of production October 2017. machinery. Incorporation Manufacturing Unit 2019 2020 Export Journey Began Manufa
Slide 9: Journey
Journey 2021 2022 Capacity Expansion Advanced Tube Technology Introduction Added new production lines for 25 × 21.65 mm (9.52 mm) and 30.00 Introduced new production lines × 26.0 mm (12.7 mm) featuring 5 mm tube diameter configurations. technology. New Addition New Addition 2023- 2024 2025-2026 Port
Slide 10: Mr. Santosh Kumar Yadav
Disclaimer Entrepreneurial Vision Backed by Manufacturing Expertise Mr. Santosh Kumar Yadav Founder, Chairman and Managing Director HVAC&R First-Generation Business Engineering Entrepreneur Strategist Leader Founder and Promoter of KRN Heat Exchanger & Refrigeration Limited, he is the driving force
Slide 11: Board of Directors
Disclaimer Board of Directors Mr. Santosh Kumar Yadav Mrs. Anju Devi Chairman & Managing Director Whole Time Director As the Promoter, Founder, Chairman & A Promoter and Whole Time Director associated Managing Director of KRN, he has over 19+ years with KRN since its inception. With over 8+ years of
Slide 12: Board of Directors and KMP
Board of Directors and KMP Disclaimer Key Managerial Positions CA (Dr.) Deepak Batheja Independent Director A practicing Chartered Accountant with over 17 years of experience in audit, taxation, corporate advisory, financial management, and regulatory compliance. His Mr. Pawan Nawal multidisciplinar
Slide 13: State-of-the-art Facility
Disclaimer State-of-the-art Facility Facility Facility 1 2 KRN Heat Exchanger and KRN HVAC Products Private Limited - Wholly Owned Subsidiary Refrigeration Limited Total Land Area: 104,948.13 SQFT Total Land Area: 840,127.97 SQFT RIICO Industrial Area, Neemrana, Rajasthan Investor Presentation | Q1
Slide 14: Global Presence
Disclaimer Global Presence • United Arab Emirates • USA • Italy • Canada • France • Sri Lanka • Vietnam • Nepal • United Kingdom • Hungary • Germany • Ireland • Sweden • Belgium • Netherlands • Brazil • Croatia • Bolivia • China Investor Presentation | Q1 FY27 13
Slide 15: Revenue Mix & Export Markets
Disclaimer Revenue Mix & Export Markets Domestic Sales Export Sales FY26 In % FY25 In % FY24 In % 16.57 15.69% 14.68% 83.43 84.31% 85.26% Export Markets FY26 (In %) FY25 (In %) FY24 (In %) 4.06% 1.13% 0.65% 0.48% 0.16% 0.62% 0.27% 1.27% 1.72% 0.01% 4.85% 12.84% 15.94% 6.98% 37.94% 13.40% 13.29% 51.7
Slide 16: Product | Fin & Tube
Product | Fin & Tube Products Condenser Coil Chilled Water Coil Fluid and Steam Coil Heating Coil High-performance condenser coils Designed to provide efficient cooling Designed to deliver efficient Designed to provide reliable and designed to efficiently reject heat using chilled water or glycol-wa
Slide 17: Product | Bar & Plate
Product | Bar & Plate Product Charge Air Cooler Radiator Oil Cooler Transformer Oil Cooler Designed to reduce the Designed to efficiently dissipate Designed to efficiently remove Designed to dissipate heat from temperature of compressed air heat from coolant fluids, preventing excess heat from engin
Slide 18: Product | Complete HVAC System
Product | Complete HVAC System Products Adiabatic Coolers LT – HT Remote Radiators Dry Coolers Designed to combine dry cooling designed to provide efficient cooling Designed to provide efficient, eco- and adiabatic pre-cooling, for high-temperature (HT) and low- friendly, and reliable cooling delive
Slide 19: Product | Refrigeration & Refrigerator Components
Product | Refrigeration & Refrigerator Components Product Product Air Cooling Units Ammonia Evaporator Frost - Free Evaporators Wire – on - Tube Condensers Designed to deliver efficient, Designed to provide reliable and Designed to provide efficient Designed to efficiently dissipate heat uniform, an
Slide 20: Product | Bus Air Conditioning
Product | Bus Air Conditioning Products Electric Bus Air Conditions Ice Bus Air Conditions Product Applications City Buses School Buses Staff Buses Electric Buses Investor Presentation | Q1 FY27 19
Slide 21: Product | Sheet Metal | Tubings | Technical Tubes
Product | Sheet Metal | Tubings | Technical Tubes Products Products Sheet Metal Components Ss Components Tubings / Piping Headers Designed to provide structural Designed to provide strength, Designed for reliable fluid transfer Designed to distribute fluid or integrity and durability for heat hygien
Slide 22: Quality & Compliance Certifications
Disclaimer Quality & Compliance Certifications CE Certificate IMS Certificate KRN Zed Silver Certificate EN ISO 15609-1:2019 ISO 9606-1:2017 KRN Heat Groups UL Certificate of Compliance BS EN ISO 13134 BS EN ISO 13535 AHRI IS 11329 : 2018 (UL 207, Edition 9) Investor Presentation | Q1 FY27 21
Slide 23: Awards | Recognized by Global Industry Leaders
Disclaimer Awards | Recognized by Global Industry Leaders 2025 2024 2023 2023 2022 2021 Dare to Disrupt Best Supplier – Heat Dare to Disrupt Quality Excellence Participation and For contributing with (Innovation & Tech) Exchanger (Innovation & Tech) Award Continuous support extraordinary supply Reco
Slide 24: Workforce Strength & Capability
Disclaimer Workforce Strength & Capability 1,500+ Strong Workforce Quality-Focused Workforce Experienced Engineering Continuous Learning & & Technical Talent Skill Enhancement Manufacturing Excellence Collaborative & Innovation Driven by Skilled Professionals -Driven Culture Dedicated In-house Stron
Slide 25: Q1 FY27 Performance and Outlook by the Chairman & Managing Director
Disclaimer Q1 FY27 Performance and Outlook by the Chairman & Managing Director “We have begun FY27 on a strong note, with consolidated revenue growing 119% year-on-year in Q1 FY27. The performance reflects the continued strength of our business model and the growing demand for efficient heating, ven
Slide 26: Q1 FY27 Key Financial Highlight- Standalone
Disclaimer Q1 FY27 Key Financial Highlight- Standalone Amount In ₹ Cr & Margins In % Revenue From Operations EBITDA PAT 200 181.97 30 19 18.67 180 24.67 18.5 25 160 18 140 19.79 17.5 20 120 114.4 17 100 15 16.5 80 16 15.69 10 60 15.5 40 15 5 20 14.5 0 0 14 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1
Slide 27: Q1 FY27 Key Financial Highlight-Consolidated
Disclaimer Q1 FY27 Key Financial Highlight-Consolidated Amount In ₹ Cr & Margins In % Revenue From Operations EBITDA PAT 300 60 35 32.9 252.32 49.06 250 50 30 25 200 40 20 150 30 115.28 15 12.42 100 20 17.59 10 50 10 5 0 0 0 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 EPS (In ₹ EBITDA Margin PAT
Slide 28: Q1 FY27 Profit & Loss Statement
Disclaimer Q1 FY27 Profit & Loss Statement All Amount In ₹ Cr & Margins In % Standalone Consolidated Particulars Q1 FY27 Q1 FY26 YoY Particulars Q1 FY27 Q1 FY26 YoY Revenues 181.97 114.40 59.07% Revenues 252.32 115.28 118.87% Raw Material 147.25 84.88 Raw Material 171.03 85.72 Employee costs 4.46 5.
Slide 29: Q1 Revenue Highlights
Disclaimer Q1 FY26 Revenue Highlights Country-wise Export Revenue Domestic vs. Export Distribution Q1 FY27 Q1 FY27 20.76% 19.85% 32.59% 5.64% 10.78% 79.24% 11.34% 19.81% Domestic Sales Export Sales USA France UAE Italy Canada Others Investor Presentation | Q1 FY27 28
Slide 30: Financial Performance: Multi-year Overview
Disclaimer Financial Performance: Multi-year Overview (In ₹ Crores & Margins In %) 700.00 Revenue from Operations PBT PBT Margin 600.06 18.14% 17.28% 16.32% 600.00 160.00 18.10% 500.00 140.00 16.10% 429.85 120.00 14.10% 400.00 97.96 12.10% 100.00 300.00 308.28 74.32 10.10% 80.00 39.60% 60.00 55.93 3
Slide 31: Multi-year Consolidated Profit & Loss Statement & Cash Flow Statement
Disclaimer Multi-year Consolidated Profit & Loss Statement & Cash Flow Statement (In ₹ Crores & Margins In %) Particulars FY26 FY25 FY24 Revenues 600.06 429.85 308.28 Raw Material Expenses 411.79 318.94 222.26 Employee Costs 41.56 21.09 13.10 Other Expenses 34.23 19.31 14.47 Total Expenditure 487.58
Slide 32: Multi-Year Consolidated Balance Sheet
Disclaimer Multi-Year Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY26 FY25 FY24 Assets FY26 FY25 FY24 Shareholder’s Fund Non-Current Assets Equity Share Capital 62.16 62.16 46.14 Fixed Assets 347.17 167.47 86.15 Reserves and Surplus 511.84 436.48 84.15 Other Non Current Financial Asse
Slide 33: Shareholding Pattern & Share Price Performance
Shareholding Pattern & Share Price Performance As On 13-08-2026 As On 30-06-2026 NSE: KRN | INE0Q3J01015 Share Holding Pattern Top Public Shareholders Share Price (₹) ₹1,398.40 • Whiteoak Capital Mutual Fund • Mukul Mahavir Agrawal • Holani Venture Capital Fund- Market Capitalization (₹ Cr) 9,153.71
Slide 34: Thank You
~ T H A N K YO U ~ KRN Heat Exchanger And Refrigeration Limited KRN HVAC Products Pvt. Ltd. Manufacturing Unit-I Manufacturing Unit-II Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area, SP 1-24, RIICO Industrial Area, Kolila Joga, Neemrana – 301705 (RJ) Neemrana, Rajasthan, India – 301020 Phone: +
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