By [Pradeep Saran]
October 3, 2024
KRN Heat Exchanger and Refrigeration Ltd, founded in 2017, is a leading Indian company based in Rajasthan. It specializes in manufacturing heat exchangers, evaporators, and condenser coils, primarily used in air conditioning, refrigeration, and heating systems. The company serves both domestic and international markets with its top-quality products, which are custom-built to meet the specific needs of its clients.
https://krnheatexchanger.com/
Get KRN Heat Exchanger and Refrigeration Ltd’s share price targets for 2024, 2025, 2030, 2040, and 2050. Learn about the company’s future plans, risks, market cap, and competitors.
Company Background
KRN Heat Exchanger and Refrigeration Ltd is known for its innovative heat transfer solutions. They produce high-efficiency products using advanced technology, focusing on both durability and performance. With over 20 years of industry experience, the company has established itself as a reliable player in the HVAC (Heating, Ventilation, and Air Conditioning) sector.
The company offers heat exchanger products that are integral to various industries, including residential, commercial, and industrial heating and cooling systems. KRN’s core products include:
- Heat Exchangers
- Condenser Coils
- Evaporator Coils
- Custom Coil Solutions
✓ PNB Share Price Target
KRN Heat Exchanger Share Price Target for 2024
The company’s Initial Public Offering (IPO) launched in September 2024, was a massive success, being oversubscribed by 214 times. This strong market interest indicates a high potential for short-term growth. Based on the company’s solid fundamentals, expert predictions for KRN’s share price in 2024 suggest a price target ranging between ₹200 to ₹582.
2024 Share Price Target Table
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|
| January | 200 | 290 |
| February | 220 | 315 |
| March | 250 | 350 |
| April | 270 | 370 |
| May | 300 | 400 |
| June | 320 | 450 |
| July | 360 | 490 |
| August | 380 | 520 |
| September | 400 | 550 |
| October | 420 | 570 |
| November | 440 | 575 |
| December | 450 | 582 |
KRN Heat Exchanger Share Price Target for 2025
In 2025, KRN Heat Exchanger is expected to continue its growth trajectory. With a well-diversified portfolio and expansion into international markets, the company is forecasted to achieve a share price range of ₹250 to ₹811 by the end of 2025.
2025 Share Price Target Table
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|
| January | 250 | 574 |
| February | 264 | 570 |
| March | 285 | 598 |
| April | 291 | 590 |
| May | 336 | 633 |
| June | 368 | 650 |
| July | 395 | 687 |
| August | 400 | 732 |
| September | 425 | 767 |
| October | 438 | 788 |
| November | 456 | 790 |
| December | 470 | 811 |
KRN Heat Exchanger Share Price Target for 2030
Looking further ahead, the company’s steady performance and innovative product offerings will likely lead to sustained growth. Experts predict that the share price in 2030 could range between ₹790 and ₹957.
2030 Share Price Target Table
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2030 | 790 | 957 |
KRN Heat Exchanger Share Price Target for 2040
By 2040, as the company continues to innovate and expand, its share price is expected to reach between ₹1900 and ₹2268. This growth is expected due to an increase in demand for HVAC systems worldwide.
2040 Share Price Target Table
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2040 | 1900 | 2268 |
KRN Heat Exchanger Share Price Target for 2050
In 2050, experts anticipate that KRN Heat Exchanger’s stock could rise to ₹3008-₹3513, driven by long-term industry trends and the company’s continued focus on quality and innovation.
2050 Share Price Target Table
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2050 | 3008 | 3513 |
Company Financials (Market Cap: ₹1320.11 Cr)
| Metric | Value |
|---|
| Total Assets | ₹148.76 Cr |
| Revenue | ₹249.89 Cr |
| PAT Margin | 12.67% |
| Profit After Tax | ₹32.31 Cr |
| Debt/Equity Ratio | 0.45 |
| ROE | 40.86% |
| ROCE | 31.21% |
Competitors
- Blue Star – A leading name in air conditioning and refrigeration solutions.
- Daikin India – Global giant in the HVAC industry.
- Schneider Electric – Provides energy and automation digital solutions.
- Voltas – A key player in air conditioning and commercial refrigeration.
- Johnson Controls – Offers building automation and climate control solutions.
Risk Factors
- Fluctuating Raw Material Prices: The price of key materials like copper and aluminum is volatile, impacting profit margins.
- High Competition: Many well-established players in the HVAC sector could pressure prices.
- Technological Changes: Failure to keep up with technological advancements may impact growth.
Future Plans
KRN Heat Exchanger aims to expand its product line, strengthen its international presence, and develop eco-friendly products that align with global sustainability trends. The company is also investing in advanced manufacturing technologies.
Pros and Cons
Pros:
- Strong market presence in India and abroad.
- High-quality products with rigorous testing standards.
- Increasing demand for HVAC systems.
Cons:
- Volatile raw material costs.
- Intense competition in the market.
- Need for continuous innovation.
Conclusion
KRN Heat Exchanger and Refrigeration Ltd has shown solid growth since its inception, thanks to its innovative products and expanding global market. The company’s potential for future growth makes it a promising option for investors, but careful consideration of market risks is essential.
FAQs
Who is the owner of KRN Heat Exchanger and Refrigeration Ltd?
Mr. Santosh Kumar – Founder & Managing Director.
Is KRN Heat Exchanger a profitable company?
Yes, the company has shown consistent profit growth, with a PAT margin of 12.67%.
Disclaimer: This forecast is based on available information and analysis. Actual stock prices can be influenced by various factors, including geopolitical events, unforeseen circumstances, and changes in market sentiment. It is essential to conduct thorough research and consider multiple factors before making any investment decisions.
Alert: This is just an estimate that the share target of IndiGo can be this much. If you want to invest then talk to an advisor and then invest. www.Homedecore24.com/Finance will not take any responsibility if your money is lost. Please invest money at your own risk.
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