Fair Value Calculator Fair Value Calculator
EN DE

KRN Heat Exchanger and Refrigeration Limited (KRN) Fair Value & Analysis

Technology · IN · Market cap ₹79.5B

KH KRN Heat Exchanger and Refrigeration Limited KRN · NSE
Price₹1,221
Fair Value₹282.23
Upside-76.9%
Quality45/100
Watch KRN Heat Exchanger and Refrigeration Limited for free — get notified when fair value or trend changes. Watch for free
Evidence: Medium Range ₹204.90 – ₹359.56

Fair value as of: Jul 3, 2026

From 14 valuation models · updated today

Share price +4.7% over the past month.

Price vs Fair Value (12 months)

₹1,335 ₹600.91 Fair Value ₹282.23 Jul 2025 Jul 2026

12‑month range ₹600.91 – ₹1,335 · fair‑value band ₹204.90 – ₹359.56 · the ₹1,221 price screens above the ₹282.23 fair value. As of Jul 3, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

KRN Heat Exchanger and Refrigeration Limited (KRN) currently trades at ₹1,221, while our model-based Fair Value estimate is ₹282.23 — implying the stock looks roughly 76.9% overvalued today. We read business quality at 45/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, KRN Heat Exchanger and Refrigeration Limited generated revenue of ₹6.0B at a net margin of 12.7%. Revenue grew 36.5% year over year. It earns a return on equity of 14.3%. Net debt stands at ₹1.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹6.0B
Revenue growth (YoY) +36.5%
Net margin 12.7%
Return on equity 14.3%
Free cash flow −₹3.6B FY2026
P/E ratio 98.5
More key figures
Operating margin 15.4%
EPS (TTM) ₹12.33
EPS growth (YoY) +56.9%
Net debt ₹1.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

KRN Heat Exchanger and Refrigeration Limited manufactures and sells heat exchangers, evaporators, and condensers to original equipment manufacturers in the heat, ventilation, air conditioning, and refrigeration industries. It offers condenser coils, evaporator units and coils, header/copper parts, fluid and steam coils, condensing and air-cooling units, sheet metal parts, aluminum/copper fins and copper tubes, bar and plate, and other components. The company operates in India, the rest of Asia, Europe, North America, South America, and Oceania. The company was incorporated in 2017 and is based in Neemrana, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

KRN Heat Exchanger and Refrigeration Limited reported revenue of ₹6.0B in FY2026 versus ₹1.6B in FY2022, a compound +40.0%/yr. Reported net income was ₹765M in FY2026, compounding +63.9%/yr from FY2022.

Revenue +40.0%/yr
FY22 ₹1.6B
FY23 ₹2.5B
FY24 ₹3.1B
FY25 ₹4.3B
FY26 ₹6.0B
Net income +63.9%/yr
FY22 ₹106M
FY23 ₹323M
FY24 ₹394M
FY25 ₹529M
FY26 ₹765M

Is KRN fairly valued? → Check now

Similar stocks

6 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Hon Hai Precision Industry Co HHPD $19.66 $19.47 -1%
Delta Electronics, Inc 2308 2,160 TWD 774.60 TWD -64%
Amphenol Corporation APH $149.22 $93.29 -37%
Corning Incorporated GLW $168.17 $37.61 -78%
Samsung Electro-Mechanics Co 009150 1,000,000 KRW 143,055 KRW -86%
Luxshare Precision Industry Co 002475 ¥65.51 ¥20.56 -69%

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is KRN Heat Exchanger and Refrigeration Limited (KRN) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹282.23 versus a price of ₹1,221 — about −77% (overvalued). Model-based estimate, not financial advice.
What is the fair value of KRN?
Our model-based fair value for KRN Heat Exchanger and Refrigeration Limited is ₹282.23 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,221.
What is the quality score of KRN?
KRN Heat Exchanger and Refrigeration Limited has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of KRN Heat Exchanger and Refrigeration Limited (KRN)?
KRN Heat Exchanger and Refrigeration Limited reported trailing-twelve-month revenue of about ₹6.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of KRN?
The net profit margin of KRN Heat Exchanger and Refrigeration Limited is about 12.7%, meaning it keeps roughly 12.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.