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Earnings Call

Shree Refrigerations Earnings Call: Key Takeaways

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.

Why this was an Alfa AlertNot a filter event. While growth is strong, management states results achieved were within their guided range.
Highlights
Revenue growth55.5% YoY for FY26; 116% YoY for H2FY26.
MarginsEBITDA margin at 21.4% (FY26); improved to 26.3% in H2FY26.
Demand visibilityStrong; Indian Navy expanding to ~230 ships by 2035.
Management confidenceHigh; 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.

Source

Earnings Call filed with BSE, BSE: 544458. Summary written with AI assistance from the document.

Read the document ↗

Shree Refrigerations Ltd: key numbers

Share price
₹382.70
Market cap
₹1,364 Cr
Revenue (annual)
₹153.6 Cr
Net profit (annual)
₹21.53 Cr
P/E (TTM)
63.3×Sector 45.6×
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.

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