KRN Heat Exchanger and Refrigeration (BOM:544263) Operating Margin %: 15.36% (As of Mar. 2026) — Near Median


BOM:544263 KRN Heat Exchanger and Refrigeration Ltd BOM:544263
48 GF Score
Price ₹1,257.40
! 8 Warning Signs
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What is KRN Heat Exchanger and Refrigeration Operating Margin %?

KRN Heat Exchanger and Refrigeration BOM:544263 +1.01% 48 Operating Margin % is 15.36% as of Mar. 2026, which is 1% below its 10-year median of 15.48. GuruFocus rates BOM:544263 with a GF Score™ of 48/100. The stock has 8 warning signs investors should review. Among 2,476 Hardware companies, KRN Heat Exchanger and Refrigeration ranks better than 87.24% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. KRN Heat Exchanger and Refrigeration's Operating Income for the three months ended in Mar. 2026 was ₹276 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 Operating Margin % for the quarter that ended in Mar. 2026 was 15.36%.

Good Sign:

KRN Heat Exchanger and Refrigeration Ltd operating margin is expanding. Margin expansion is usually a good sign.

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

BOM:544263' s Operating Margin % Range Over the Past 10 Years
Min: 5.29   Med: 15.48   Max: 19.05
Current: 15.62


BOM:544263's Operating Margin % is ranked better than
87.24% of 2476 companies
in the Hardware industry
Industry Median: 3.795 vs BOM:544263: 15.62

KRN Heat Exchanger and Refrigeration's 5-Year Average Operating Margin % Growth Rate was 21.30% per year.

KRN Heat Exchanger and Refrigeration's Operating Income for the three months ended in Mar. 2026 was ₹276 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹937 Mil.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


KRN Heat Exchanger and Refrigeration Operating Margin % Related Terms


KRN Heat Exchanger and Refrigeration Operating Margin % Historical Data

* Premium members only.

The historical data trend for KRN Heat Exchanger and Refrigeration's Operating 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 Operating Margin % Chart

KRN Heat Exchanger and Refrigeration Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 9.67 19.05 18.12 15.33 15.62

KRN Heat Exchanger and Refrigeration Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 13.47 13.37 16.71 16.52 15.36

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

For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Hardware Industry

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

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


BOM:544263
48GF Score
KRN Heat Exchanger and Refrigeration Ltd BOM:544263
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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KRN Heat Exchanger and Refrigeration Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=937.212 / 6000.577
=15.62 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=275.741 / 1794.798
=15.36 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 15.36% mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a Operating Margin % of 15.36% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. This is near median its historical median of 15.48. Over the past decade, KRN Heat Exchanger and Refrigeration's Operating Margin % has ranged from 5.29 to 19.05. According to the industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #316 out of 2476 companies in the Hardware industry, placing it in the top 12.8%.
Is KRN Heat Exchanger and Refrigeration's Operating Margin % too high?
KRN Heat Exchanger and Refrigeration's current Operating Margin % of 15.36% is near median its 10-year median of 15.48. Over the past 10 years, this metric has ranged from a low of 5.29 to a high of 19.05. The Hardware industry median Operating Margin % is 3.80. KRN Heat Exchanger and Refrigeration's value of 15.36% is 304.7% above this industry median. Based on the distribution chart, KRN Heat Exchanger and Refrigeration ranks #316 out of 2476 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, KRN Heat Exchanger and Refrigeration has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's Operating Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #316 out of 2476 companies for Operating Margin %. This places KRN Heat Exchanger and Refrigeration in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 3.80. KRN Heat Exchanger and Refrigeration's value of 15.36% is 304.7% above this benchmark. Historically, KRN Heat Exchanger and Refrigeration's own Operating Margin % has ranged from 5.29 to 19.05 over the past decade. While the company's 10-year median is 15.48 vs. the industry median of 3.80, 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 Operating Margin % for a Hardware company?
The median Operating Margin % among Hardware companies is 3.80, based on 2,476 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating 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 Operating Margin % of 15.36% is 304.7% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. For the Hardware industry, the median Operating Margin % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRN Heat Exchanger and Refrigeration's current Operating Margin % is 15.36%, which is near median its own 10-year median of 15.48. 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 Operating Margin % of 15.36%. The current Operating Margin % is 15.36%, which is near median its 10-year median of 15.48 and 304.7% above the Hardware industry median of 3.80. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 48/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For KRN Heat Exchanger and Refrigeration (BOM:544263), the current Operating Margin % is 15.36% 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.
48GF Score

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

₹1,257.40
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