KRN Heat Exchanger and Refrigeration Ltd Share Price – NSE /  BSE

Engineering, Small Cap

KHPL is currently engaged in the business of manufacturing of Heat Exchanger and other HVAC Products. Its turnover was Rs 218.85 crore in FY26.

The investment will be made through the subscription of 78,41,917 equity shares of KHPL at an issue price of Rs 300 per share, comprising a face value of Rs 10 and a securities premium of Rs 290 per share.

The company stated that the investment is linked to the proceeds raised through its Qualified Institutions Placement (QIP) and will be utilized by KHPL to fund its working capital requirements.

KRN Heat Exchanger and Refrigeration specializes in manufacturing aluminium and copper fin and tube heat exchangers, including water coils, condenser coils, and evaporator coils. Their products are widely used by OEMs in the HVAC&R industry for heating, ventilation, air conditioning, and refrigeration applications.

The company?s consolidated net profit jumped 57.2% to Rs 23.36 crore on 36.48% rise in revenue from operations to Rs 179.47 crore in Q4 FY26 over Q4 FY25.

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Net profit of KRN Heat Exchanger and Refrigeration rose 57.09% to Rs 23.36 crore in the quarter ended March 2026 as against Rs 14.87 crore during the previous quarter ended March 2025. Sales rose 36.49% to Rs 179.48 crore in the quarter ended March 2026 as against Rs 131.50 crore during the previous quarter ended March 2025.

For the full year,net profit rose 44.61% to Rs 76.47 crore in the year ended March 2026 as against Rs 52.88 crore during the previous year ended March 2025. Sales rose 39.60% to Rs 600.06 crore in the year ended March 2026 as against Rs 429.85 crore during the previous year ended March 2025.

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KRN Heat Exchanger & Refrigeration will hold a meeting of the Board of Directors of the Company on 14 May 2026.

The said proposal is subject to necessary approvals, including the approval from the members of the company as well as other regulatory and statutory approvals as required.

In addition, the company?s board approved the re-appointment of Santosh Kumar Yadav as the chairman and managing director (CMD) for a term of 5 years with effect from 9 May 2026.

Santosh Kumar Yadav is the promoter, chairman and managing director of the company . He has more than 20 years of experience in the business of manufacturing heat exchangers and refrigeration units. In his capacity as a chairman and managing director, he mentors, guides and provides perspective to the board and management of the company for strategic planning and enriching the brand for long run.

KRN Heat Exchanger and Refrigeration specializes in manufacturing aluminium and copper fin and tube heat exchangers, including water coils, condenser coils, and evaporator coils. Their products are widely used by OEMs in the HVAC&R industry for heating, ventilation, air conditioning, and refrigeration applications.

The company reported 65.09% jump in consolidated net profit to Rs 22.66 crore on a 33.29% increase in total income to Rs 155.09 crore in Q3 FY26 as compared with Q3 FY25.

The counter shed 0.74% to Rs 850.05 on the BSE.

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