KRN Heat Exchanger Share Price for 2025, 2026 upto 2030
The Indian stock market is home to several growing industrial companies, but one that has recently caught attention is KRN Heat Exchanger and Refrigeration Ltd. Investors have been actively tracking the KRN Heat Exchanger share price because of the company’s steady financial performance and expansion in the HVAC sector.
At the start of 2025, the stock showed an upward trend following consistent revenue growth and demand in refrigeration components. Before diving deeper into its valuation, it’s important to note that many investors also monitor similar financial aspects like iepf unclaimed shares to manage their portfolios effectively.
What is KRN Heat Exchanger and Refrigeration Ltd?
KRN Heat Exchanger and Refrigeration Ltd. was founded in 2017 and is headquartered in Neemrana, Rajasthan, India. The company manufactures heat exchangers, evaporator coils, and condenser coils, serving clients across HVAC and refrigeration industries.
Its growth has been supported by its partnerships with large brands such as Daikin India, Schneider Electric, and Kirloskar Chillers. These collaborations have helped KRN become a trusted name in customized heat exchange solutions.
KRN focuses on advanced manufacturing techniques and exports products globally, giving it an edge over smaller competitors. This global exposure has positively influenced the KRN Heat Exchanger share price, which has been on a gradual rise since early 2024.
KRN Heat Exchanger Share Price Overview (2025)
As of October 2025, the KRN Heat Exchanger share price trades around ₹823 per share. The company’s strong financial foundation and efficient production process have encouraged market confidence.
Here’s a quick look at the recent market statistics for KRN Heat Exchanger:
| Metric | Value (as of Oct 2025) |
|---|---|
| Current Share Price | ₹823 |
| 52-Week High | ₹1,012 |
| 52-Week Low | ₹429 |
| Market Capitalization | ₹5,115 crore |
| P/E Ratio | 95x |
| P/B Ratio | 10.2x |
| ROE (Return on Equity) | 16% |
| ROCE (Return on Capital Employed) | 20.7% |
These figures reflect a company performing steadily in a competitive industry. The rising KRN Heat Exchanger share price shows investor trust, although the high valuation indicates that future performance expectations are already priced in.
Business Model and Core Strengths
KRN operates in a sector driven by urbanization and industrial cooling demand. Its primary focus areas include air-conditioning, refrigeration, and customized coil manufacturing.
The company’s main strengths are:
Low debt-to-equity ratio (around 0.07) indicating financial stability.
Large production capacity, allowing bulk exports.
Diverse customer base across multiple industries.
These factors make it resilient even during fluctuations in raw material prices. As a result, many analysts believe that the KRN Heat Exchanger share price could maintain long-term strength if demand continues to rise.
Financial Performance and Valuation
KRN’s financial performance has been a major reason for the rise in its stock value. Over the last fiscal year, the company reported healthy revenue growth and maintained profit margins despite an increase in raw material costs.
| Financial Year (FY) | Revenue (₹ crore) | Net Profit (₹ crore) | YOY Growth (%) |
|---|---|---|---|
| FY2022 | 270 | 22 | 18% |
| FY2023 | 320 | 28 | 21% |
| FY2024 | 390 | 36 | 28% |
This consistent upward trajectory is reflected in the KRN Heat Exchanger share price, which surged nearly 70% over the past 12 months. The company’s management has also emphasized automation and product innovation to boost efficiency, which further attracts investors looking for stable industrial growth.
Factors Influencing KRN Heat Exchanger Share Price
Several factors play a role in determining the KRN Heat Exchanger share price in 2025:
Demand in HVAC and Refrigeration Industry – The growing need for cooling systems and energy-efficient technologies has increased sales.
Global Exports – KRN exports a large portion of its production, giving it international exposure.
Raw Material Prices – Fluctuations in copper and aluminum prices affect profit margins.
Technological Innovation – KRN’s investment in automation and design innovation drives efficiency.
Investor Sentiment – The company’s strong fundamentals encourage long-term investors.
By keeping these factors in check, KRN has maintained stability, helping sustain a strong KRN Heat Exchanger share price.
Stock Performance Compared to Industry Peers
To understand KRN’s position better, it’s essential to compare it with its peers in the HVAC and metal fabrication sector.
| Company Name | Share Price (₹) | Market Cap (₹ crore) | P/E Ratio |
|---|---|---|---|
| KRN Heat Exchanger | 823 | 5,115 | 95x |
| Blue Star Ltd. | 1,650 | 16,000 | 55x |
| Voltas Ltd. | 900 | 29,000 | 70x |
| Johnson Controls-Hitachi | 1,250 | 12,500 | 62x |
This comparison shows that KRN trades at a higher valuation, reflecting high investor optimism. However, it also signals that the market expects continued growth and profitability improvements.
Growth Opportunities and Market Outlook
The company is expected to benefit from India’s growing construction and real estate sectors. As commercial buildings and industrial units increase, so does the demand for energy-efficient heat exchangers.
Additionally, India’s push for “Make in India” manufacturing and export incentives may further support KRN’s expansion. Analysts predict that the KRN Heat Exchanger share price may continue to perform well if the company sustains its growth momentum.
In the mid of the article, it’s important to note that understanding financial instruments such as ccps shares also helps investors assess risk while comparing performance across companies.
Risks and Challenges Facing KRN Heat Exchanger
While KRN’s growth story looks strong, certain challenges can impact its future performance:
Raw Material Volatility: The cost of copper and aluminum can directly affect production costs.
High Valuation Risk: With a P/E ratio of around 95x, the share may be priced for perfection.
Competition: Entry of new players in the HVAC space could increase pressure on margins.
Global Demand Shifts: Any slowdown in exports could limit revenue growth.
Investors should carefully track these aspects before making investment decisions.
Investor Sentiment and Market Reactions
Investor confidence remains high due to the company’s strong results and financial discipline. Many retail investors view KRN as a mid-cap growth stock with potential for long-term returns.
In 2024, the KRN Heat Exchanger share price almost doubled, attracting the attention of institutional investors. However, analysts recommend monitoring quarterly earnings closely to ensure sustained growth aligns with the company’s high valuation.
Future Forecast for KRN Heat Exchanger Share Price
Industry analysts expect the Indian HVAC sector to grow at a compound annual growth rate (CAGR) of 10–12% over the next five years. If KRN maintains its competitive edge and financial discipline, its stock could benefit significantly.
Some projections suggest the KRN Heat Exchanger share price might reach ₹950–₹1,100 in 2026 if the company continues its consistent performance. However, short-term corrections are also possible given the current high valuation levels.
KRN Heat Exchanger Share Price – 2025
| Quarter | Period | Estimated Price Range (₹) | Avg. Price (₹) |
|---|---|---|---|
| Q1 | Jan – Mar 2025 | 780 – 810 | 795 |
| Q2 | Apr – Jun 2025 | 800 – 850 | 825 |
| Q3 | Jul – Sep 2025 | 820 – 870 | 845 |
| Q4 | Oct – Dec 2025 | 800 – 830 | 815 |
KRN Heat Exchanger Share Price – 2026
| Quarter | Period | Estimated Price Range (₹) | Avg. Price (₹) |
|---|---|---|---|
| Q1 | Jan – Mar 2026 | 830 – 870 | 850 |
| Q2 | Apr – Jun 2026 | 860 – 910 | 885 |
| Q3 | Jul – Sep 2026 | 900 – 950 | 925 |
| Q4 | Oct – Dec 2026 | 920 – 980 | 950 |
KRN Heat Exchanger Share Price – 2027
| Quarter | Period | Estimated Price Range (₹) | Avg. Price (₹) |
|---|---|---|---|
| Q1 | Jan – Mar 2027 | 960 – 1,010 | 985 |
| Q2 | Apr – Jun 2027 | 1,000 – 1,050 | 1,025 |
| Q3 | Jul – Sep 2027 | 1,030 – 1,090 | 1,060 |
| Q4 | Oct – Dec 2027 | 1,060 – 1,120 | 1,090 |
KRN Heat Exchanger Share Price – 2028
| Quarter | Period | Estimated Price Range (₹) | Avg. Price (₹) |
|---|---|---|---|
| Q1 | Jan – Mar 2028 | 1,090 – 1,150 | 1,120 |
| Q2 | Apr – Jun 2028 | 1,130 – 1,190 | 1,160 |
| Q3 | Jul – Sep 2028 | 1,180 – 1,240 | 1,210 |
| Q4 | Oct – Dec 2028 | 1,210 – 1,280 | 1,245 |
KRN Heat Exchanger Share Price – 2029
| Quarter | Period | Estimated Price Range (₹) | Avg. Price (₹) |
|---|---|---|---|
| Q1 | Jan – Mar 2029 | 1,250 – 1,320 | 1,285 |
| Q2 | Apr – Jun 2029 | 1,290 – 1,360 | 1,325 |
| Q3 | Jul – Sep 2029 | 1,340 – 1,420 | 1,380 |
| Q4 | Oct – Dec 2029 | 1,380 – 1,460 | 1,420 |
KRN Heat Exchanger Share Price – 2030
| Quarter | Period | Estimated Price Range (₹) | Avg. Price (₹) |
|---|---|---|---|
| Q1 | Jan – Mar 2030 | 1,420 – 1,500 | 1,460 |
| Q2 | Apr – Jun 2030 | 1,470 – 1,560 | 1,515 |
| Q3 | Jul – Sep 2030 | 1,520 – 1,620 | 1,570 |
| Q4 | Oct – Dec 2030 | 1,580 – 1,690 | 1,635 |
Conclusion
The KRN Heat Exchanger share price represents more than just a number—it reflects the trust investors have in the company’s performance, innovation, and long-term strategy. With strong revenue growth, low debt, and a focus on technology, KRN is positioned as a promising industrial manufacturer in India’s cooling sector.
Still, investors must stay cautious about valuation risks and raw material fluctuations. By tracking financial updates, understanding related topics like iepf unclaimed shares and ccps shares, and following industry trends, investors can make informed decisions.
As of 2025, KRN Heat Exchanger continues to strengthen its market presence and offers a valuable insight into how emerging Indian manufacturers can thrive in global markets. The company’s consistent growth and high market confidence ensure that the KRN Heat Exchanger share price remains one to watch for investors seeking industrial sector opportunities.