KRN Heat Exchanger saw a significant increase in revenue and profit for FY26, with a 57% jump in revenue to ₹689.95 Cr and a 42% rise in net profit to ₹71.31 Cr. The company's optimism for FY27 is driven by the ramp-up of new HVAC facilities, growth in exports, and expansion into bus AC and data center sectors.

KRN Heat Exchanger has secured approval from Rajasthan Investment Promotion for its Neemrana plant, qualifying for a 1.4% incentive on an estimated investment of approximately INR 182.95 crore.

KRN Heat Exchanger's subsidiary has secured RIPS 2024 approval for its Neemrana plant, worth approximately ₹182.9 crores. The decision includes a 1.4% turnover-linked incentive, aiming to enhance the plant's operational efficiency.

The National Stock Exchange (NSE) has placed KRN Heat Exchanger under enhanced surveillance due to potential suspicious trading activities, as indicated by their ASM report. This move aims to closely monitor the company's stock transactions following a recent filing.

KRN Heat Exchanger announces the departure of Sonu Gupta as Chief Financial Officer, effective May 14, 2026, due to company restructuring. Although stepping down from his key management role, he will continue to serve in a senior management capacity.

KRN Heat Exchanger is planning to raise 5 billion INR through a Qualified Institutional Placement (QIP) and establish a new plant for capacity expansion. The aim is to boost revenue, potentially reaching between 22.5 and 28.5 billion INR.

KRN Heat plans to generate 30% of its total revenue from exports by fiscal year 2027, marking a significant 50% boost in exports over the next three years.

KRN Heat Exchanger's shares dropped by 4% to ₹1,230.50 due to Q4 profits falling short of expectations. Despite a 12% year-over-year revenue growth to ₹320 crore, increasing costs led to narrowed margins at 14%.

KRN Heat Exchanger has been downgraded to 'Hold' by Motilal Oswal, with a target price of ₹1,400. The decline in the stock is attributed to margin pressures and a high Price-to-Earnings ratio of 77x following Q4 results, causing a 4.3% drop.

KRN Heat Exchanger will announce their Q4 and full-year 2026 results at the board meeting on May 14. Investors should note that trading is suspended until May 16 due to SEBI regulations.

KRN Heat Exchanger's Extraordinary General Meeting (EGM) held on April 15, 2026, was successful, approving the Employee Stock Ownership Plan (ESOP), reappointments of key personnel, and a plan for equity issuance to raise funds. The decisions passed with the necessary majority, indicating strong support from shareholders.

KRN Heat Exchanger has won a 55 crore INR contract, significantly increasing their incoming orders. This development promises to strengthen their business prospects.

KRN Heat Exchanger's subsidiary has landed a significant export deal worth approximately ₹55 crore from an independent buyer, indicating strong market demand for their products. No direct connection or influence of the parent company's promoters in this transaction.

KRN Heat Exchanger's subsidiary has acquired a 30,427.84 sq.m plot in Rajasthan for INR 8.52 crore from Shree Krishna Paper Mills. Notably, no related parties or special rights were involved in this transaction.