Shree Refrigerations secured a Rs 26.44 Crore defence order from Garden Reach Shipbuilders for specialised refrigeration components. Delivery is due by 5 July 2027.
H1 revenue rose about 84% YoY to nearly ₹100 Cr, and EBITDA margin improved to 13-13.5% from 11%. Management reiterated 40% growth and a ~22% FY27 margin target, which needs a sharp H2 step-up.
Shree Refrigerations reported H1 FY27 revenue of ₹93.2 Cr (up 85%) and PAT of ₹6.8 Cr (up 361%). A 50,000 sq. ft. new manufacturing unit was commissioned.
Shree Refrigerations Limited has submitted its Regulation 74(5) compliance certificate for the quarter ended 30th September 2026, confirming no securities were received for dematerialisation.
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 Limited held its 20th Annual General Meeting on August 31, 2026. Members considered resolutions including adoption of financial statements and director appointments.
Shree Refrigerations Ltd received a Rs. 3.93 Crore order from the Indian Navy. The contract for a Magnetic Bearing Compressor-based AC plant will be executed within 365 days.
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