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.
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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 appointed Ms. Rucha Ravalnath Shende as Whole-Time Director for a three-year term, effective from February 23, 2026.
Shree Refrigerations Ltd approved the incorporation of a new wholly owned subsidiary, 'Aquilon Deep Chill Limited,' with an investment of ₹5 Crore.
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.
Shree Refrigerations Limited will hold its 20th Annual General Meeting on August 31, 2026. The company has fixed August 24, 2026, as the cut-off date.
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 scheduled a board meeting for July 18, 2026. The board will consider approving the ESOS 2026 scheme for employees.
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 reported strong FY26 performance with 55.5% annual revenue growth. Strategic HVAC investments drove H2 margins to 26.3%, significantly improving the company's profitability trajectory.
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 Ltd reported revenue from operations of ₹103.2 Cr (+115.9% YoY) and net profit of ₹20 Cr (+344.4% YoY) for H2 FY26.
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.
Shree Refrigerations filed its Monitoring Agency Report for the half-year ended March 2026. The report tracks utilisation of ₹94.51 Crore raised through its IPO.
Shree Refrigerations rescheduled the inauguration of its new Satara manufacturing facility to June 2026. This expansion reflects the company's commitment to scaling operational capacity.
Shree Refrigerations alloted 1,65,975 equity shares following ESOP exercises, raising ₹0.33 Crore. Paid-up capital increased to ₹7.16 Crore, ranking pari-passu with existing shares.
Shree Refrigerations Ltd secured a ₹4.83 Crore domestic order from Cochin Shipyard Ltd. The contract involves supplying 8 kw Refrigeration Plants for the Next Generation Missile Vessel project. The order is scheduled for execution by February 2030, enhancing the company's specialized marine equipment portfolio.