| Revenue growth | 55.5% YoY for FY26; 116% YoY for H2FY26. |
|---|---|
| Margins | EBITDA margin at 21.4% (FY26); improved to 26.3% in H2FY26. |
| Demand visibility | Strong; Indian Navy expanding to ~230 ships by 2035. |
| Management confidence | High; validating strategic investments with H2 performance. |
Growth
FY26 Revenue grew 55.5% to ₹1,535.5 Mn; EBITDA grew 21.8% to ₹328.2 Mn. H2FY26 saw 116% YoY revenue surge.
Outlook
Management guides ~40% CAGR for next 3-5 years (base FY26). Greenfield 50k-100k sq. ft. expansion underway for data center entry.
Risks
Long qualification cycles in naval defense; temporary margin impact from aggressive capacity creation and manpower deployment.
Earnings Call filed with BSE, BSE: 544458. Summary written with AI assistance from the document.
Shree Refrigerations Ltd: key numbers
- Share price
- ₹407.60
- Market cap
- ₹1,452 Cr
- Revenue (annual)
- ₹153.6 Cr
- Net profit (annual)
- ₹21.53 Cr
- P/E (TTM)
- 67.5×Sector 45.9×
- Promoter holding
- 44.60%
- FII holding
- 0.12%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Shree Refrigerations Ltd
All →Shree Refrigerations Credit Rating
CARE Ratings has upgraded and assigned credit ratings for Shree Refrigerations Limited’s bank facilities. The company maintains a stable outlook with improved liquidity and operational scale.
Shree Refrigerations Management Change
Shree Refrigerations Limited appointed Ms. Rucha Ravalnath Shende as Whole-Time Director for a three-year term, effective from February 23, 2026.
- Execution
- 3 years
Shree Refrigerations Earnings Call: Key Takeaways
Shree Refrigerations reported strong FY26 performance, driven by its leadership in the naval HVAC segment and expansion into data centers. The company is scaling operations with a new 80,000 sq. ft. facility.
Shree Refrigerations H2 FY26 Results: Net Profit ₹20 Cr, Up 344.4% YoY
Shree Refrigerations Ltd reported revenue from operations of ₹103.2 Cr (+115.9% YoY) and net profit of ₹20 Cr (+344.4% YoY) for H2 FY26.
- Key figure
- Net profit ₹20 Cr · +344.4% YoY