ScoreWhy is KRN Heat Exchanger and Refrigeration Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 32.00%
3
With a growth in Operating Profit of 54.15%, the company declared Very Positive results in Sep 25
- The company has declared positive results for the last 3 consecutive quarters
- NET SALES(Q) Highest at Rs 152.07 cr
- PBDIT(Q) Highest at Rs 30.26 cr.
- OPERATING PROFIT TO NET SALES(Q) Highest at 19.90%
4
With ROE of 11.2, it has a Very Expensive valuation with a 9.4 Price to Book Value
- Over the past year, while the stock has generated a return of -4.97%, its profits have risen by 26%
5
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 3.26% over the previous quarter and collectively hold 11.67% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
6
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -4.97% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
32.00%
EBIT Growth (5y)
21.12%
EBIT to Interest (avg)
20.27
Debt to EBITDA (avg)
0.60
Net Debt to Equity (avg)
-0.08
Sales to Capital Employed (avg)
0.95
Tax Ratio
30.94%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
11.66%
ROCE (avg)
21.39%
ROE (avg)
11.17%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
72
Industry P/E
30
Price to Book Value
8.01
EV to EBIT
57.29
EV to EBITDA
50.76
EV to Capital Employed
8.61
EV to Sales
8.21
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
15.03%
ROE (Latest)
11.17%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend21What is working for the Company
NET SALES(Q)
Highest at Rs 152.07 cr
PBDIT(Q)
Highest at Rs 30.26 cr.
OPERATING PROFIT TO NET SALES(Q)
Highest at 19.90%
PBT LESS OI(Q)
Highest at Rs 24.55 cr.
PAT(Q)
Highest at Rs 18.02 cr.
EPS(Q)
Highest at Rs 2.90
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for KRN Heat Exchan
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 24.55 cr has Grown at 59.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 15.40 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
Highest at Rs 152.07 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 152.07 cr has Grown at 35.4% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 112.34 CrMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 30.26 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Highest at 19.90%
in the last five quartersMOJO Watch
Company's efficiency has improved
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 24.55 cr.
in the last five quartersMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 18.02 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 18.02 cr has Grown at 35.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 13.33 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 2.90
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
