KRN Heat Exchanger and Refrigeration (BOM:544263) 3-Year ROIIC % : 6.28% (As of Mar. 2026) — 17% Below Median

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BOM:544263 KRN Heat Exchanger and Refrigeration Ltd BOM:544263
49 GF Score
Price ₹1,471.05
! 8 Warning Signs
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What is KRN Heat Exchanger and Refrigeration 3-Year ROIIC %?

KRN Heat Exchanger and Refrigeration BOM:544263 -0.73% 49 3-Year ROIIC % is 6.28 as of Mar. 2026, which is 17% below its 10-year median of 7.55. GuruFocus rates BOM:544263 with a GF Score™ of 49/100. The stock has 8 warning signs investors should review. Among 2,367 Hardware companies, KRN Heat Exchanger and Refrigeration ranks better than 55.77% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % for the quarter that ended in Mar. 2026 was 6.28%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % or its related term are showing as below:

BOM:544263's 3-Year ROIIC % is ranked better than
55.77% of 2367 companies
in the Hardware industry
Industry Median: 2.39 vs BOM:544263: 6.28

KRN Heat Exchanger and Refrigeration  (BOM:544263) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


KRN Heat Exchanger and Refrigeration 3-Year ROIIC % Related Terms


KRN Heat Exchanger and Refrigeration 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % 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 3-Year ROIIC % Chart

KRN Heat Exchanger and Refrigeration Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 0.00 20.35 7.55 6.28

KRN Heat Exchanger and Refrigeration Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 6.28 0.00

BOM:544263 vs APH, GLW, TEL: 3-Year ROIIC % Comparison

For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Hardware Industry

For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % falls into.


BOM:544263
49GF Score
KRN Heat Exchanger and Refrigeration Ltd BOM:544263
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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KRN Heat Exchanger and Refrigeration 3-Year ROIIC % Calculation

KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 731.5876872 (Mar. 2026) - 334.5943954 (Mar. 2023) )/( 7234.06 (Mar. 2026) - 911.832 (Mar. 2023) )
=396.9932918/6322.228
=6.28%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 6.28 mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a 3-Year ROIIC % of 6.28 as of Mar. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. This is 17% below median its historical median of 7.55. Over the past decade, KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % has ranged from 6.28 to 20.35. According to the industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #1047 out of 2367 companies in the Hardware industry, placing it in the top 44.2%.
Is KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % too high?
KRN Heat Exchanger and Refrigeration's current 3-Year ROIIC % of 6.28 is 17% below median its 10-year median of 7.55. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 20.35. The Hardware industry median 3-Year ROIIC % is 2.39. KRN Heat Exchanger and Refrigeration's value of 6.28 is 162.8% above this industry median. Based on the distribution chart, KRN Heat Exchanger and Refrigeration ranks #1047 out of 2367 companies in the Hardware industry, which is above the industry midpoint. Overall, KRN Heat Exchanger and Refrigeration has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's 3-Year ROIIC % compare to APH and GLW?
According to the Hardware industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #1047 out of 2367 companies for 3-Year ROIIC %. This puts KRN Heat Exchanger and Refrigeration in the upper half of its industry. The industry median 3-Year ROIIC % is 2.39. KRN Heat Exchanger and Refrigeration's value of 6.28 is 162.8% above this benchmark. Historically, KRN Heat Exchanger and Refrigeration's own 3-Year ROIIC % has ranged from 6.28 to 20.35 over the past decade. While the company's 10-year median is 7.55 vs. the industry median of 2.39, 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 3-Year ROIIC % for a Hardware company?
The median 3-Year ROIIC % among Hardware companies is 2.39, based on 2,367 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KRN Heat Exchanger and Refrigeration's current 3-Year ROIIC % of 6.28 is 162.8% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. For the Hardware industry, the median 3-Year ROIIC % is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRN Heat Exchanger and Refrigeration's current 3-Year ROIIC % is 6.28, which is 17% below median its own 10-year median of 7.55. 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 3-Year ROIIC % of 6.28. The current 3-Year ROIIC % is 6.28, which is 17% below median its 10-year median of 7.55 and 162.8% above the Hardware industry median of 2.39. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 49/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For KRN Heat Exchanger and Refrigeration (BOM:544263), the current 3-Year ROIIC % is 6.28 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.
49GF Score

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