KRN Heat Exchanger and Refrigeration (BOM:544263) Gross Margin %: 32.62% (As of Mar. 2026) — 27% Above Median


BOM:544263 KRN Heat Exchanger and Refrigeration Ltd BOM:544263
56 GF Score
Price ₹1,230.65
! 8 Warning Signs
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What is KRN Heat Exchanger and Refrigeration Gross Margin %?

KRN Heat Exchanger and Refrigeration BOM:544263 +1.56% 56 Gross Margin % is 32.62% as of Mar. 2026, which is 27% above its 10-year median of 25.77. GuruFocus rates BOM:544263 with a GF Score™ of 56/100. The stock has 8 warning signs investors should review. Among 2,457 Hardware companies, KRN Heat Exchanger and Refrigeration ranks better than 62.43% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. KRN Heat Exchanger and Refrigeration's Gross Profit for the three months ended in Mar. 2026 was ₹586 Mil. KRN Heat Exchanger and Refrigeration's Revenue for the three months ended in Mar. 2026 was ₹1,795 Mil. Therefore, KRN Heat Exchanger and Refrigeration's Gross Margin % for the quarter that ended in Mar. 2026 was 32.62%.


The historical rank and industry rank for KRN Heat Exchanger and Refrigeration's Gross Margin % or its related term are showing as below:

BOM:544263' s Gross Margin % Range Over the Past 10 Years
Min: 16.31   Med: 25.77   Max: 31.37
Current: 31.37


During the past 6 years, the highest Gross Margin % of KRN Heat Exchanger and Refrigeration was 31.37%. The lowest was 16.31%. And the median was 25.77%.

BOM:544263's Gross Margin % is ranked better than
62.43% of 2457 companies
in the Hardware industry
Industry Median: 24.54 vs BOM:544263: 31.37

KRN Heat Exchanger and Refrigeration had a gross margin of 32.62% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for KRN Heat Exchanger and Refrigeration was 13.90% per year.


KRN Heat Exchanger and Refrigeration  (BOM:544263) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

KRN Heat Exchanger and Refrigeration had a gross margin of 32.62% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


KRN Heat Exchanger and Refrigeration Gross Margin % Related Terms


KRN Heat Exchanger and Refrigeration Gross Margin % Historical Data

* Premium members only.

The historical data trend for KRN Heat Exchanger and Refrigeration's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KRN Heat Exchanger and Refrigeration Gross Margin % Chart

KRN Heat Exchanger and Refrigeration Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 16.80 25.73 26.00 25.80 31.37

KRN Heat Exchanger and Refrigeration Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.91 25.64 31.42 34.18 32.62

BOM:544263 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KRN Heat Exchanger and Refrigeration Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's Gross Margin % distribution charts can be found below:

* The bar in red indicates where KRN Heat Exchanger and Refrigeration's Gross Margin % falls into.


BOM:544263
56GF Score
KRN Heat Exchanger and Refrigeration Ltd BOM:544263
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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KRN Heat Exchanger and Refrigeration Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

KRN Heat Exchanger and Refrigeration's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1882.7 / 6000.577
=(Revenue - Cost of Goods Sold) / Revenue
=(6000.577 - 4117.906) / 6000.577
=31.37 %

KRN Heat Exchanger and Refrigeration's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=585.5 / 1794.798
=(Revenue - Cost of Goods Sold) / Revenue
=(1794.798 - 1209.249) / 1794.798
=32.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 32.62% mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a Gross Margin % of 32.62% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. This is 27% above median its historical median of 25.77. Over the past decade, KRN Heat Exchanger and Refrigeration's Gross Margin % has ranged from 16.31 to 31.37. According to the industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #923 out of 2457 companies in the Hardware industry, placing it in the top 37.6%.
Is KRN Heat Exchanger and Refrigeration's Gross Margin % too high?
KRN Heat Exchanger and Refrigeration's current Gross Margin % of 32.62% is 27% above median its 10-year median of 25.77. Over the past 10 years, this metric has ranged from a low of 16.31 to a high of 31.37. The Hardware industry median Gross Margin % is 24.54. KRN Heat Exchanger and Refrigeration's value of 32.62% is 32.9% above this industry median. Based on the distribution chart, KRN Heat Exchanger and Refrigeration ranks #923 out of 2457 companies in the Hardware industry, which is above the industry midpoint. Overall, KRN Heat Exchanger and Refrigeration has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #923 out of 2457 companies for Gross Margin %. This puts KRN Heat Exchanger and Refrigeration in the upper half of its industry. The industry median Gross Margin % is 24.54. KRN Heat Exchanger and Refrigeration's value of 32.62% is 32.9% above this benchmark. Historically, KRN Heat Exchanger and Refrigeration's own Gross Margin % has ranged from 16.31 to 31.37 over the past decade. While the company's 10-year median is 25.77 vs. the industry median of 24.54, KRN Heat Exchanger and Refrigeration has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.54, based on 2,457 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KRN Heat Exchanger and Refrigeration's current Gross Margin % of 32.62% is 32.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRN Heat Exchanger and Refrigeration's current Gross Margin % is 32.62%, which is 27% above median its own 10-year median of 25.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRN Heat Exchanger and Refrigeration stock overvalued right now?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a current Gross Margin % of 32.62%. The current Gross Margin % is 32.62%, which is 27% above median its 10-year median of 25.77 and 32.9% above the Hardware industry median of 24.54. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 56/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For KRN Heat Exchanger and Refrigeration (BOM:544263), the current Gross Margin % is 32.62% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

KRN Heat Exchanger and Refrigeration Business Description

Other Exchanges KRN:India
Address Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana, Alwar, RJ, IND, 301705
KRN Heat Exchanger and Refrigeration Ltd manufacture fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry. Heat exchangers manufactured by the company are made of non-ferrous metals, Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. The diameter of the heat exchanger tubes it produces ranges from 5MM to 15.88 MM. The company's products are well suited for a wide range of air conditioning, heating and ventilation, refrigeration and process cooling applications.
56GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,230.65
Price