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.
The board approved an Employee Stock Option Scheme (ESOP 2026) for 10 lakh equity shares and regularised Ms. Rucha Ravalnath Shende as a Whole-Time Director.
Shree Refrigerations secured two purchase orders worth ₹2.55 Crore from Mazagon Dock Shipbuilders Limited. The contracts involve supply and maintenance services with differentiated execution timelines.
Shree Refrigerations Limited will inaugurate a new 50,000 square feet manufacturing facility in Karad on June 20, 2026. The plant strengthens its marine and defence HVAC&R capabilities.
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 resubmitted FY 2025-26 audited results to refine cash flow presentation. The update affects internal classification only, with no impact on net profit or liquidity.
Shree Refrigerations reported strong FY26 results with Revenue at ₹1,535.5 Mn (up 55.5% YoY) and Net Profit at ₹214 Mn (up 64.7% YoY), driven by defense HVAC expansion.
Shree Refrigerations Limited has implemented an amended Code of Conduct for Insider Trading. The policy aligns with SEBI's 2015 Prohibition of Insider Trading Regulations.
Shree Refrigerations approved its FY2026 audited standalone and consolidated financial results. The company reported full utilization of its ₹94.51 Crore IPO proceeds.
Shree Refrigerations scheduled a board meeting for May 25, 2026, to approve audited annual financial results. The trading window remains closed until May 27, 2026.
Shree Refrigerations secured a ₹9.75 Crore order from Kongsberg Maritime for naval cooling systems. Execution runs through October 2028, strengthening its defense sector position.
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