KRN Heat Exchanger and Refrigeration Ltd KRN.NS
₹1,357.30 ₹22.70 (1.64%) 1D
Last Updated: Oct 14, 12:00 AM·NSE
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Is KRN Heat Exchanger and Refrigeration Ltd Stock Halal?
Shariah Compliance Analysis of KRN.NS Stock
India Industrials Small Cap Yes. As of October 2026, KRN Heat Exchanger and Refrigeration Ltd (KRN.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. KRN Heat Exchanger and Refrigeration Ltd passes Musaffa's business and financial screening criteria.
KRN Heat Exchanger & Refrigeration Ltd. engages in the business of manufacturing heat exchangers using several raw materials like copper tubes, aluminum foils, copper, and aluminum sheets. The company is headquartered in Alwar, Rajasthan and currently employs 208 full-time employees. The company went IPO on 2024-10-03. The firm produces a diverse range of heat exchangers, including condenser coils, evaporator units, evaporator coils, fluid and steam coils, and sheet metal parts. These products are customized in various shapes and sizes, with heat exchanger tube diameters ranging from five millimeters (mm) to 15.88mm. Its products are used in various applications, including residential and commercial HVAC systems, precision air conditioning, data center cooling, automotive air conditioning, and defense air conditioning systems. The firm manufactures components for commercial refrigeration, beverage coolers, chest freezers, and vending machines. The Company’s heat exchangers are also used in process cooling applications in civil construction, as well as in white goods such as washing machines and dryers.
KRN.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, KRN Heat Exchanger and Refrigeration Ltd is classified as halal.
HALALKRN Heat Exchanger and Refrigeration Ltd (KRN.NS) Chart
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Financial Metrics & Statements of KRN Heat Exchanger and Refrigeration Ltd (KRN.NS)
FAQ's for KRN Heat Exchanger and Refrigeration Ltd (KRN.NS)
- As of October 2026, KRN Heat Exchanger and Refrigeration Ltd KRN.NS is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes KRN Heat Exchanger and Refrigeration Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in KRN Heat Exchanger and Refrigeration Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of KRN Heat Exchanger and Refrigeration Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of KRN Heat Exchanger and Refrigeration Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of KRN Heat Exchanger and Refrigeration Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to KRN Heat Exchanger and Refrigeration Ltd (KRN.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
