KRN Heat Exchanger and Refrigeration's Q3 FY 2025-26 Quarterly Results

Result Summary

• KRN Heat Exchanger and Refrigeration Ltd reported a 0.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 33.3%.
• Its expenses for the quarter were up by 1.6% QoQ and 33.3% YoY.
• The net profit increased 25.7% QoQ and increased 65.0% YoY.
• The earnings per share (EPS) of KRN Heat Exchanger and Refrigeration Ltd stood at 3.65 during Q3 FY 2025-26.

Financial Statments for Q3 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 company that specializes in the manufacturing and distribution of heat exchangers and refrigeration equipment. These products are integral to industries that require precise temperature control and efficient energy transfer. The company operates within the broader industrial equipment sector, catering to a variety of industries, including HVAC, automotive, and industrial processing. As of now, there is no specific information available regarding any recent major developments or changes within the company. The company's market positioning is based on its ability to provide reliable and efficient thermal management solutions. This report will analyze the company's financial data for the third quarter of the fiscal year 2026, assessing revenue, profitability, and key operating metrics.

Revenue

In Q3FY26, KRN Heat Exchanger and Refrigeration Ltd reported a total income of ₹155.09 crores. This marks a slight quarter-over-quarter (QoQ) increase of 0.4% from ₹154.46 crores in Q2FY26. Compared to the same quarter last year (Q3FY25), there is a significant year-over-year (YoY) growth of 33.3%, up from ₹116.36 crores. This increase highlights a substantial improvement in revenue generation over the past year. The revenue figures provide insights into the company's ability to maintain and grow its market share within its industry. The consistent increase in revenue over the year indicates the company's strategic efforts to enhance its sales performance.

Profitability

The company's profitability metrics show notable changes over the quarters and the previous year. Profit Before Tax (PBT) for Q3FY26 stands at ₹25.48 crores, which reflects a decrease of 5.4% from Q2FY26's figure of ₹26.94 crores. However, on a YoY basis, PBT increased by 33.1% from ₹19.14 crores in Q3FY25. The Profit After Tax (PAT) for Q3FY26 is ₹22.66 crores, marking a significant QoQ increase of 25.7% from ₹18.02 crores in Q2FY26 and a YoY rise of 65.0% from ₹13.73 crores in Q3FY25. The effective tax rate saw a substantial reduction, with taxes paid amounting to ₹3.21 crores in Q3FY26, a 64.0% decline QoQ and a 40.7% reduction YoY. Earnings Per Share (EPS) grew to ₹3.65 in Q3FY26, up 25.9% QoQ from ₹2.90 and 72.2% YoY from ₹2.12. These figures reflect the company's efforts towards enhancing shareholder value and optimizing tax efficiencies.

Operating Metrics

The total expenses for KRN Heat Exchanger and Refrigeration Ltd in Q3FY26 were reported at ₹129.61 crores. This represents a QoQ increase of 1.6% from ₹127.52 crores in Q2FY26 and a YoY escalation of 33.3% from ₹97.23 crores in Q3FY25. The increase in expenses aligns proportionately with the revenue growth, indicating managed cost structures in line with income expansion. The financial data suggests stability in operating performance, with consistent expense management relative to revenue generation. The company’s ability to sustain its operational expenditure while enhancing its revenue base is a key operational insight extracted from the provided data.