As of early September 2025, KRN Heat Exchanger and Refrigeration Ltd., trading under the ticker KRN on Indian exchanges, stands with a current share price around ₹874. This post lays out a clear, no-nonsense look at the KRN share price target from 2025 through 2035, breaking down what may drive its performance over the coming decade—and what could hold it back.
Where KRN Sits Today: Snapshot and Analyst Outlook
- Current Price: KRN trades close to ₹874 (as of 5 September 2025) ScreenerTradingViewSimply Wall St.
- Valuation Metrics:
- Price-to-Earnings (P/E): ~102× — high, suggesting lofty market expectations ScreenerSimply Wall St.
- Price-to-Book: ~10.9×, again elevated Screener.
- Profitability: ROCE at 20.8%, ROE at 16.8%—healthy efficiency metrics for an industrial player Screener.
- Growth Rates (TTM):
- Revenue growth: ~43%
- Profit growth: ~32% Screener.
- Analyst Target:
- A single analyst projects a 12-month target of ₹1,025—about a 17% upside Investing.comINDmoney.
That gives us a realistic starting point: KRN share price target for 2026 sits near ₹1,025 under current expectations.
Key Growth Drivers Through the Decade
To map out the KRN share price target 2025 to 2035, we’ve identified key factors likely to influence the stock:
1. Strong Core Metrics
- High ROCE & ROE suggest disciplined use of capital.
- Robust recent revenue and profit growth show strong execution in its niche.
- Low debt load supports stability — debt-to-equity remains low Screener.
2. Sector Tailwinds
- As a heat exchanger manufacturer servicing HVAC and refrigeration,
KRN benefits from expanding demand across industries and geographies. - If industrial activity grows and energy efficiency regulations tighten, demand could rise.
3. Valuation Re-rating Potential
- A robust track record and consistent growth could help the market justify the high P/E.
- If growth sustains, the KRN share price target could reach ₹1,200–₹1,500 in the mid-term.
4. Expansion & Innovation
- Scaling into exports, new technologies, or product segments could steadily lift expectations and valuation multiples.
Risks to Watch
- Valuation Pressure: At ~100× earnings, any slip in growth or sentiment could lead to sharp corrections.
- Market Cycles: Industrial reliance means vulnerability to economic slowdowns.
- Execution Risk: Growth slowing or failure in new ventures would impact the KRN share price target.
- Analyst Coverage: Limited coverage reduces visibility—just one analyst forecast available Investing.com.
KRN Share Price Target: 2025–2035 Outlook
Here’s a direct year-by-year projection of KRN share price target, anchored in present valuations and assuming steady growth and improving market acknowledgment. All figures in INR per share:
| Year | KRN Share Price Target | Rationale Summary |
|---|---|---|
| 2025 | ₹900–₹950 | Base; slight optimism above current ₹874 amid stable operations |
| 2026 | ₹1,000–₹1,100 | Reflects analyst 12-month ₹1,025 target and upside room Investing.comINDmoney |
| 2027 | ₹1,200–₹1,400 | Market rewards continued execution and growing momentum |
| 2028 | ₹1,400–₹1,600 | Expansion into new areas or export markets lifts multiples |
| 2029 | ₹1,600–₹1,800 | Consolidated position and moderate multiple expansion |
| 2030 | ₹1,800–₹2,100 | Near industrial twin valuation leaders if growth sustains |
| 2031 | ₹2,100–₹2,400 | Longer-term scaling, possible product innovation payoff |
| 2032 | ₹2,400–₹2,700 | Improved recognition as steady industrial growth play |
| 2033 | ₹2,700–₹3,100 | Economy recovers; industrial CAPEX cycles boost demand |
| 2034 | ₹3,100–₹3,500 | Mature expansion, potential global presence realised |
| 2035 | ₹3,500–₹4,000 | Culmination in ~10× decade multiple growth based on fundamentals |
Breaking It Down: Key Inflection Points
- 2026: Analyst target gives a solid near-term anchor around ₹1,025.
- 2027–2028: If growth remains strong, multiples may expand, pushing the KRN share price target above ₹1,500.
- 2030–2032: Should international and product diversification kick in, ₹2,400+ could be feasible.
- 2035: Strong execution and sector tailwinds could see 4–5× current price, reaching ₹3,500–₹4,000.
Final Thoughts
Directly stated: KRN share price target is likely around ₹1,000 in 2026 given current consensus. With solid fundamentals, growth momentum, and disciplined execution, the stock could be ₹1,500–₹2,000 by 2030. If it capitalizes on international expansion and innovation, the target could rise to ₹3,500 or more by 2035.
Everything in this forecast hinges on continued performance and market sentiment. Investors should watch quarterly results, diversification plans, and shifts in valuation trends. The upside is meaningful—but so is the volatility, especially given the high starting P/E. A disciplined, long-term view is necessary.
Conclusion
The KRN share price target from 2025 to 2035 reflects both strong opportunities and inherent risks. On one hand, the company shows robust fundamentals—healthy growth rates, efficient use of capital, and a low debt profile. On the other hand, the valuation is already steep, which means expectations are high and any misstep could invite volatility.
- Short-term (2025–2026): Targets of ₹900–₹1,100 are realistic, anchored by analyst expectations.
- Medium-term (2027–2030): If growth continues, KRN could trade in the range of ₹1,500–₹2,000.
- Long-term (2031–2035): With international expansion, steady profitability, and sector tailwinds, the stock may reach ₹3,500–₹4,000.
In simple terms, KRN looks like a high-growth, high-valuation bet. Patient investors who can handle volatility may find significant long-term rewards if the company executes on its growth roadmap.
FAQ
Q1: What is the KRN share price target for 2025?
For 2025, the KRN share price target is in the range of ₹900–₹950, slightly above its current level of around ₹874.
Q2: What is the KRN share price target for 2026?
By 2026, analysts project a target around ₹1,025, with an overall range of ₹1,000–₹1,100 depending on market conditions.
Q3: Can KRN reach ₹2,000 by 2030?
Yes, if revenue growth, profitability, and sector tailwinds continue, KRN could realistically reach ₹1,800–₹2,100 by 2030.
Q4: What is the long-term KRN share price target for 2035?
By 2035, with successful execution and international expansion, the KRN share price target could be in the range of ₹3,500–₹4,000.
Q5: Is KRN a risky stock?
Yes, due to its high valuation (P/E over 100×). While fundamentals are solid, any slowdown in growth, regulatory changes, or weaker demand could trigger sharp corrections.