KRN Heat Exchanger posts strong Q2 FY26 growth — revenue up 67% YoY, PAT up 46%; new ₹350 cr facility boosts capacity 6X; eyes ₹60 cr from bus A/C biz next year, 50% export share goal ahead. #KRNHeatExchanger #HVAC #Earnings → Incorporated as a manufacturer of fin and tube-type heat exchangers catering to the HVAC and refrigeration industry. → Serves applications across commercial, industrial, and automotive cooling segments. → On a consolidated basis, Q2 FY26 total income stood at ₹154.46 crore, marking a robust 67% year-on-year growth. → H1 FY26 consolidated income was ₹273.6 crore, reflecting a 44% rise over the previous year. → Consolidated net profit for Q2 FY26 was ₹17.99 crore, up 46% YoY. → H1 FY26 consolidated PAT reached ₹30.43 crore, a 25% increase compared to H1 FY25. → Standalone figures were higher than consolidated results due to inter-company sales with its subsidiary. → This internal sale arrangement was temporary, arising from pending vendor code approvals for the new subsidiary. → The company expects such inter-company transactions to largely conclude by the end of FY26. → KRN has undertaken strategic initiatives to strengthen its long-term growth foundation. → Its subsidiary, ARN HVAC Products Pvt Ltd, acquired the bus air conditioning division of Sphere Refrigeration Systems Pvt Ltd. → This acquisition expands KRN’s reach into the automotive HVAC space and enhances its technological depth. → The move provides KRN with vital know-how, product technology, and an experienced technical team. → India’s total bus A/C market, covering both conventional and electric buses, is valued at around ₹1,000 crore. → The acquisition positions KRN to capture market share among three major players in this segment. → The newly acquired division is expected to contribute about ₹60 crore in revenue next year. → Margins from this segment are projected to be similar to or slightly higher than current business levels. → Experience in bus air conditioning will later help KRN qualify for railway GMC system tenders. → CRISIL has assigned a CRISIL A (Negative) rating with a stable outlook, reaffirming KRN’s credit strength. → The company’s main manufacturing plant is currently operating near full capacity. → A new subsidiary facility commissioned around May 30 expanded capacity almost sixfold. → Total investment for this expansion stands at approximately ₹350 crore. → KRN targets 20% utilization of the new capacity in FY26 and 50% in FY27. → A new assembly line for bus A/C systems will be operational by December or early January. → The expanded facility has enhanced delivery timelines, cost efficiency, and quality control. → The HVAC and refrigeration sector is witnessing strong growth driven by infrastructure and energy efficiency trends. → India’s commercial air conditioning market is projected to grow at about 20% annually. → Data center cooling is emerging as a key demand driver for KRN. → The company sees a major opportunity from Google’s ₹3,000 crore data center in Visakhapatnam, aiming to capture 50% of the order value (₹1,000–₹1,500 crore). → Exports have shown consistent momentum from the UAE, USA, Canada, and Italy. → KRN plans to deepen focus on North America and Europe, where the commercial market is vast. → The company aims for exports to contribute 50% of sales in its fin and tube segment. → A new R&D unit, Thermal Temperatures Laboratory, is nearing commissioning to accelerate product testing and development. → KRN maintains a sustainable EBITDA margin of around 20%, with higher margins from bar & plate and bus A/C products. → Price adjustments for copper and aluminum are made quarterly, with short-term margin impacts passed to customers. → Future profitability is expected to benefit from PLI and REPS incentives and a 50% income tax exemption on the new facility.

Google's $10B data centre in Vizag - KRN Heat will be a big beneficiary They expect to receive sizeable orders as per the concall that just concluded

Sterlite Technologies (STL) Q2 FY2025-26 Results: Swings to Profit, Margins Improve—Full Table, Deep Analysis & Guidance srvishwa.com/sterlite-techno…

🚨 Perplexity AI to reveal Indian politicians' stock holdings soon: CEO Aravind Shrinivas

EV Stocks That Could Charge Your Portfolio ⚡🚗 India’s EV ecosystem isn’t just about vehicles, it’s a 360° play across software, batteries, infra & chemicals. ✦ Chemicals: Neogen, Tata Chemicals, Himadri, GFL – the silent winners of lithium & electrolyte play ✦ Software: KPIT, Tata Technologies, Tata Elxsi – the digital brains behind EVs ✦ Batteries: Exide, Amara Raja, HBL – powering India’s energy transition ✦ Vehicles: Tata Motors, Mahindra, TVS, Bajaj, Ather, Olectra, Ola – full-spectrum OEM push ✦ Auto Components: Endurance, Bosch, Motherson, Sona BLW – high-torque suppliers of the EV era ✦ Charging Infra: Tata Power, Servotech, Exicom – grid-to-road connectivity leaders Are you holding or tracking any of these companies 💭 🚫 No Recommendation. #EV @deepak4748 #ElectricVehicles

@servotech_ltd takes a giant leap towards global expansion & incorporates its new subsidiary, 𝐒𝐞𝐫𝐯𝐨𝐭𝐞𝐜𝐡 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐙𝐂𝐎 𝐢𝐧 𝐃𝐮𝐛𝐚𝐢. servotech.in/press-releases/…

@servotech_ltd expands its global footprint with the establishment of its new subsidiary, 𝐒𝐞𝐫𝐯𝐨𝐭𝐞𝐜𝐡 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐙𝐂𝐎 𝐢𝐧 𝐃𝐮𝐛𝐚𝐢. Read more: goodreturns.in/news/servotec…

Data Center Value Chain – Mapping India’s Listed Players From Grid to Cloud ▪️India’s AI & Cloud boom is driving hyperscale DC capex. ▪️DCs = Cross-sector capex cycle → Power + Infra + IT + Cooling converge. - Listed players here are the hidden backbone of India’s digital infra build out 1⃣ MV Power Distribution ▪️Siemens India – Switchgear, MCCs, transformers ▪️ABB India – MV switchgear, network automation ▪️Hitachi Energy India – HV/MV transformers, DC infra ▪️GE T&D India – Grid automation, GIS, transformers ▪️Techno Electric – substations, advanced T&D EPC + hyperscale/edge DC entry 2⃣ LV Power Distribution ▪️Havells India – Switchgear, MCCBs ▪️KEI Industries – LV cabling/wires ▪️Polycab India – Cables & power distribution ▪️Finolex Cables – Data & comm cables ▪️Schneider Electric Infra – LV distribution & panels 3⃣ Backup Power & UPS Systems ▪️Cummins India – Diesel gensets ▪️Kirloskar Oil Engines – Standby power gensets ▪️Amara Raja Energy & Mobility – Industrial batteries, UPS ▪️Exide Industries – Industrial batteries, energy storage ▪️HBL Power Systems – Ni-Cd, VRLA, Li-ion batteries for telecom, rail, oil & gas 4⃣ Building Automation ▪️Schneider Electric Infra – Smart grids, remote power panels ▪️Siemens India – Building automation, energy efficiency, digital twins ▪️Honeywell Automation India – BMS, IoT-enabled HVAC controls, fire/security integration ▪️Johnson Controls-Hitachi India – HVAC + building automation integration 5⃣ Servers / IT Infra ▪️Netweb Technologies – HPC servers, AI/ML clusters, Skylus.ai orchestration ▪️Sterlite Tech (STL) – Optical fiber, structured cabling ▪️Black Box Ltd – Data center design-build, racks, connectivity, hyperscaler infra ▪️Redington India – Distributor of servers, GPUs, storage & SaaS 6⃣ HVAC & Cooling Solutions ▪️Blue Star – Precision cooling, liquid cooling for DCs ▪️Voltas – IoT-enabled chillers, predictive cooling ▪️Thermax – Absorption chillers, industrial cooling ▪️Kirloskar Pneumatic – Compressors, chillers 7⃣ Security & Cybersecurity ▪️Quick Heal Technologies – Endpoint & network security ▪️SecureKloud Technologies – Cloud & infra security ▪️Aurionpro Solutions – Cybersecurity + DC services 🧭 Investor Compass View - India’s Data Center buildout is the Triveni Sangam of power, infra & digital. - From grid stability → LV/MV distribution → backup & cooling → servers & cyber, listed players are the picks & shovels of AI + Cloud. No Buy/Sell recommedation #StocksToWatch #StocksInFocus #Netweb #Blackbox #siemensenergy #Cummins #Schnieder #DataCenter

Massive Data centre build out coming in the next few years. Here are f a few companies that can benefit and and by how much Aurionpro Netweb Technologies Sterlite Technologies Rashi Peripherals KRN Heat Exchanger

⚡ Big Boost for Renewable Energy Sector ✅ GST on renewable energy value chain cut from 12% → 5% ✅ Expected savings: ₹1–1.5 lakh crore by 2030 ✅ India’s RE target: 500 GW by 2030 (already achieved 252 GW) ✅ Capital cost for utility-scale solar projects: ₹3.5–4 crore/MW ✅ Govt preparing a full solar value chain plan (wafers, ingots, polysilicon) ✅ Support schemes in pipeline: Viability Gap Funding (VGF) & PLI ✅ Focus on boosting domestic manufacturing of modules & components 💡 Impact: Lower costs + policy support = Strong tailwinds for RE companies, EPC players & solar manufacturers.

Another company in similar space STL Network, details posted yesterday

Rule of the game is simple but implementation is extremely challenging- You can earn 5, 10 or 20X in one stock over a period of 7-12 years, but can lose only 1X in one stock. If you can handle your multi-baggers well, loss making stocks are taken care of automatically.

Well done, Team India! After thrashing Pakistan, the Indian team didn’t even come out to shake hands with the losing side, as is customary. The best part: Captain Suryakumar Yadav expressed solidarity with the families of the victims of the Pahalgam terror attack. He dedicated the win to the valour of our Armed Forces during Operation Sindoor and urged them to keep inspiring us. Whoa!

Big picture for India in the next 10-12 years- 1- Size of Economy- from $4t to $10-11t 2- Per capita income- from around $3000 to $6000-7000 3- Discretionary spending- from around $1000 to $3000-3500 per capita. 4- Infra spending- from $250-275b to $600-700b. 5- Market capitalisation from $5t to $12-14t. 6- MF industry- From $850b to $4000-5000b. Keeping big picture in mind is crucial to ride the bull market. What else?

USA imports more than $ 2.5 trillions worth of goods every year. It has imposed tariffs on various countries ranging from 15% to 50% and this would result in collecting $500 billion per annum as tariffs. Most exporters export on a maximum margins of 20%. It means now most of the exporters will not earn anything. Over a period of time, these exporters will start looking for domestic and other markets. Why should they export to USA if there is no profit? In my view, most of this $ 500 billion would be borne by American citizens indirectly as exporters will not export at loss or no profit. Prices for them would increase significantly and it would result in high inflation.

India’s largest Screen - Coming to Namma Coimbatore ❤️‍🔥🔥 #EpiqLuxon #coimbatore

Power of #MakeInIndia 🇮🇳 📍 @Maruti_Corp plant, Gujarat

China lifts curbs on fertilizers, rare earths & tunnel boring machines to India economictimes.indiatimes.com…

🚨Union Govt. to install 72,000 EV charging stations across India under PM E-Drive scheme.

BIG BREAKING 🚨 Modi Cabinet approves Online Gaming Bill, Betting to be made Punishable now.