KRNKRN Heat Exchanger and Refrigeration Limited Forensic Risk Analysis

Other Industrial Products
Risk ClassStable
Market Cap₹5,675 Cr
Primary DriverBalance Sheet Stress
Flagium AI Risk Score
Stable structural profile. Financial profile appears resilient.
10 / 100
+5 QoQ
Early Deterioration
Sentinel Insight

Financial profile remains stable for now. Weakness is detected in balance sheet stress. No immediate concerns are visible. Risk is increasing at a faster pace.

41.7th %ile (Sector)Accel: +1 Qtrs
Updated2026-06-02
Market View
₹1,123.3▲0%
PeriodQ4 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

Balance Sheet Stress
+12.0 pts
Growth Sustainability
+10.0 pts
Stability Adjustment
-12.0 pts
Final Composite Risk10 / 100

Investment Risk Thesis

Historical Trend

Current risk score has risen from 0 → 10 over 12 quarters.

Expected Direction
⚠ Watch
Primary Deterioration Drivers
  • Inventory Stress
  • Working Capital Expansion
  • Capex Efficiency Stress
What to Watch Next Quarter
  • Working capital efficiency
  • Inventory turnover
  • Operating profit margins

Active Risk Objects (3)

CriticalHigh
Working Capital Expansion
💧 Liquidity & CoverageAnnualActive for 2 Years
More Detail
Impact Weight10/15
MomentumAccelerating
Last SignalQ4 FY2026
Working capital expansion detected: Receivable days increased by 40.7%.

"Working capital cycle is stretching dangerously. This is putting severe strain on daily operations."

Inventory Stress
📊 Earnings QualityAnnualActive for 2 Years
More Detail
Impact Weight15/15
MomentumAccelerating
Last SignalQ4 FY2026
Inventory growth (184.7%) significantly outpaced revenue growth (33.5%).

"Stock is piling up in the warehouse. Inventory turnover is slowing down dangerously."

Capex Efficiency Stress
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ2 FY2025
Aggressive Capex (27.8%) amidst slow revenue growth (-79.0%).

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)4.557.17✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+56.0+56.0✅ RESILIENT
Forensic Benchmark Context: Other Industrial Products (n=13 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹1,123.3(+0%)
1M Divergence-15.55%
1 Week+3.36%
1 Month-13.28%
6 Months+44.54%
1 Year+47.89%
2 Year+148.89%
3 Year+148.89%
Sector Average (1M)+2.27%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in balance sheet stress remain well-maintained against forensic benchmarks. Systematic scans of core structural metrics confirm the absence of material structural stress. Strategic vigilance is advised as structural decay is accelerating.

KRN • MARKET STRUCTURE

Stage 2 — Advancing

The company is in a growth phase. Institutional sentiment is highly positive, supported by strong fundamentals and sustained risk reduction.

Stage Transition Prob.96%
Trend QualityStrong
Phase Progression
Phase Progression Score90%
Readiness LabelHigh (Phase Transition Imminent)
Probability of Advancing96%
CoinTree Momentum
Composite Z-Score+0.4430σ
Improving momentum strength
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#486 of 2716
Top 17.89% in momentum strength
Timeframe Sparklines
1W+3.4%
1M-13.3%
6M+44.5%
Weinstein Indicators
150 DMA₹882.22
200 DMA₹877.92
150 DMA Slope+5.3381%Rising
Relative Strength+43.73%Leading
Relative Turnover (RTR)1.4343
ParticipationHealthy

PEER COMPARISON

Ranked comparison against sector peers

Risk profile is broadly in line with the Sector Mean (10).
KRNKRN Heat Exchanger and Refrigeration Limited
10 Risk
Sector %ile42th
Delta+5
Active Flags3
Accel+1
Balance Sheet Stress

Stable

ADORAdor Welding Limited
20 Risk
Sector %ile75th
Delta-5
Active Flags11
Accel+0
Competitive Position

Watch

MALLCOMMALLCOM
35 Risk
Sector %ile92th
Delta+22
Active Flags19
Accel+1
Earnings Quality

Watch

MICELMICEL
39 Risk
Sector %ile100th
Delta+19
Active Flags20
Accel+2
Balance Sheet Stress

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
10100th %ile
VS Sector Median (8.5)
Balance Sheet Stress
440th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
00th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Inventory Stress

2026

Working Capital Expansion

2026

Inventory Stress

2025

Working Capital Expansion

2025

Capex Efficiency Stress

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY202661076-114187
FY2025442532533