KRN Heat Exchanger and Refrigeration's Q2 FY 2025-26 Quarterly Results

Result Summary

• KRN Heat Exchanger and Refrigeration Ltd reported a 30.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 66.9%.
• Its expenses for the quarter were up by 26.8% QoQ and 69.5% YoY.
• The net profit increased 45.1% QoQ and increased 46.4% YoY.
• The earnings per share (EPS) of KRN Heat Exchanger and Refrigeration Ltd stood at 2.9 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

KRN Heat Exchanger and Refrigeration Ltd is a key player in the engineering and manufacturing sector, specializing in the production of heat exchangers and refrigeration systems. These products are vital components in various industries including manufacturing, automotive, and HVAC (Heating, Ventilation, and Air Conditioning). The company is known for its innovative solutions that cater to energy efficiency and sustainability, aligning with global trends towards greener technologies. Recent developments in the industry have highlighted an increased demand for advanced cooling systems, driven by technological advancements and stringent energy regulations. However, specific details about recent major developments for KRN Heat Exchanger and Refrigeration Ltd are not available in the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), KRN Heat Exchanger and Refrigeration Ltd reported a total income of ₹154.46 crores. This reflects a substantial growth of 30.0% compared to the previous quarter (Q1FY26) where the total income was ₹118.86 crores. Year-over-year (YoY), there is a remarkable increase of 66.9% from Q2FY25, when the total income stood at ₹92.54 crores. This upward trend in revenue indicates a robust performance in the company's sales activities over the reviewed periods. The significant YoY growth suggests enhanced market penetration or increased demand for the company's products.

Profitability

The financial data for Q2FY26 demonstrates a strong profitability trajectory for KRN Heat Exchanger and Refrigeration Ltd. The Profit Before Tax (PBT) for the quarter was ₹26.94 crores, which marks a 47.3% increase from Q1FY26, where the PBT was ₹18.29 crores. Compared to the same quarter in the previous year (Q2FY25), the YoY growth in PBT is 55.7%, up from ₹17.30 crores. The company's Profit After Tax (PAT) for Q2FY26 was ₹18.02 crores, reflecting a QoQ growth of 45.1% from ₹12.42 crores in Q1FY26, and a YoY increase of 46.4% from ₹12.31 crores in Q2FY25. The tax expense for Q2FY26 was ₹8.92 crores, increasing by 52.0% from Q1FY26 and 78.8% from Q2FY25. The Earnings Per Share (EPS) for Q2FY26 is ₹2.90, which shows a QoQ increase of 45.0% and a YoY growth of 9.8%.

Operating Metrics

The company's total expenses for Q2FY26 were ₹127.52 crores, representing a 26.8% increase from Q1FY26, where expenses were ₹100.57 crores. Year-over-year, total expenses grew by 69.5% from ₹75.24 crores in Q2FY25. The increase in expenses both QoQ and YoY is notable; however, the revenue growth rate has outpaced the expense growth rate, contributing to improved profitability. The relationship between income and expenses suggests that the company has managed to expand its operations while maintaining cost efficiencies, as indicated by the higher growth rate in income compared to expenses. The company's ability to convert increased income into higher profits is reflected in the improved earnings metrics.