Shree Refrigerations
SHREEREFRIGERATIONSLTD NSE
Shree Refrigerations
Capital GoodsNSE: SHREEREFRIGERATIONSLTD BSE: 544458 Industrial Products
Key Fundamentals
SMEIndustrial ProductsCapital GoodsMarket Cap
₹1,425 Cr
Volatility
Moderate
P/E Ratio
67.1
EBITDA
₹34.30 Cr
Return on Equity
9.98%
Debt to Equity
0.17
Book Value
₹60.31
52W High
₹438.95
52W Low
₹161
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has delivered good profit growth of 136% CAGR over last 5 years
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 251 days.
Growth Rate
Revenue Growth
56.51% higher than
3Y
Net Income Growth
70.63% lower than
3Y
Cash Flow Change
155% lower than
3Y
ROE
-9.6% lower than
3Y
ROCE
-30.27% higher than
3Y
EBITDA Margin (Avg.)
-19.7% higher than
3Y
Quarterly Results
| Particulars | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 51 | 48 | 50 | 103 |
| Expenses | 36 | 36 | 45 | 76 |
| Operating Profit | 15 | 12 | 6 | 27 |
| OPM % | 30% | 24% | 11% | 26% |
| Other Income | 0 | 0 | 0 | 1 |
| Interest | 3 | 2 | 2 | 1 |
| Depreciation | 2 | 2 | 3 | 3 |
| PBT | 11 | 7 | 1 | 24 |
| Tax % | 27% | 40% | -44% | 16% |
| Net Profit | 8 | 4 | 2 | 20 |
| EPS in Rs | — | 1.6 | 0.44 | 5.6 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 10 | 45 | 51 | 80 | 99 | 154 |
| Expenses | 8 | 33 | 38 | 55 | 72 | 121 |
| Operating Profit | 3 | 12 | 12 | 25 | 27 | 33 |
| OPM % | 26% | 26% | 25% | 31% | 27% | 21% |
| Other Income | 0 | 0 | 0 | 1 | 0 | 2 |
| Interest | 3 | 4 | 5 | 5 | 5 | 4 |
| Depreciation | 0 | 4 | 4 | 4 | 4 | 6 |
| PBT | 0 | 4 | 4 | 17 | 19 | 25 |
| Tax % | 58% | 27% | 40% | 32% | 32% | 14% |
| Net Profit | 0 | 3 | 3 | 12 | 13 | 22 |
| EPS in Rs | — | — | — | — | 4.49 | 6.04 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 4 | 5 | 6 | 7 |
| Reserves | -2 | 1 | 21 | 56 | 109 | 209 |
| Borrowings | 39 | 54 | 53 | 38 | 45 | 37 |
| Other Liabilities | 14 | 23 | 16 | 25 | 24 | 41 |
| Total Liabilities | 54 | 81 | 94 | 124 | 183 | 294 |
| Fixed Assets | 5 | 6 | 12 | 12 | 18 | 22 |
| CWIP | 1 | 1 | 0 | 0 | 0 | 18 |
| Investments | 0 | 0 | 4 | 4 | 7 | 15 |
| Other Assets | 48 | 75 | 79 | 107 | 158 | 239 |
| Total Assets | 54 | 81 | 94 | 124 | 183 | 294 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | -9 | — | -4 | -5 | -25 | 14 |
| Investing | -6 | — | -8 | -2 | -9 | -31 |
| Financing | 14 | — | 14 | 6 | 39 | 69 |
| Net Cash Flow | 0 | — | 2 | -1 | 5 | 52 |
| Free Cash Flow | -9 | — | -5 | -7 | -33 | -11 |
| CFO/OP | -315 | — | -36 | -16 | -70 | 59 |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 95 | 172 | 228 | 289 | 352 | 251 |
| Inventory Days | 2,821 | 429 | 464 | 299 | 361 | 249 |
| Days Payable | 809 | 186 | 158 | 115 | 130 | 123 |
| Cash Conversion Cycle | 2,106 | 414 | 534 | 474 | 583 | 377 |
| Working Capital Days | 666 | 170 | 208 | 222 | 343 | 253 |
| ROCE % | — | 17% | 13% | 25% | 18% | 14% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Shree Refrigerations insights
53 extracted metrics + investor summaries across FY21–FY26.
Documents
1
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
8 May - The Company has alloted 1,65,975 Equity Share of Rs.2/- each, fully paid up, at price of Rs. 2/- each, pursuant to ESOP 2024. 8 May - The Company has alloted 1,65,975 Equity Share of Rs.2/- each, fully paid up, at price of Rs. 2/- each, pursuant to ESOP 2024.
2
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
17 Apr - Received Rs 4.83 crore order from Cochin Shipyard for 8 kW refrigeration plant, delivery by 4 February 2030. 17 Apr - Received Rs 4.83 crore order from Cochin Shipyard for 8 kW refrigeration plant, delivery by 4 February 2030.
3
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Depositories and Participants) Regulation, 2018, the Company is hereby submitting the Confirmation Certificate as provided by Registrar and Transfer Agent of the Company relating to … 14 Apr - Depositories and Participants) Regulation, 2018, the Company is hereby submitting the Confirmation Certificate as provided by Registrar and Transfer Agent of the Company relating to …
5
Annoucement Under Regulation 30 Of SEBI (LODR) Regulations, 2015, Update : The Company Has Entered Into A Turbocor® Authorized Service Partner Agreement With Danfoss LLC, USA, On 17Th March 2026.
18 Mar - Signed Turbocor Authorized Service Partner Agreement with Danfoss LLC on 17 March 2026 for local compressor repairs. 18 Mar - Signed Turbocor Authorized Service Partner Agreement with Danfoss LLC on 17 March 2026 for local compressor repairs.
Frequently Asked Questions about Shree Refrigerations
What does Shree Refrigerations Ltd do?
Incorporated in 2006, Shree Refrigerations
Ltd is a defence-focused manufacturer of advanced refrigeration and HVAC systems.[1]
Where is Shree Refrigerations Ltd (544458) listed?
Shree Refrigerations Ltd trades as SHREEREFRIGERATIONSLTD on the NSE and under code 544458 on the BSE.
Which sector does Shree Refrigerations Ltd belong to?
Shree Refrigerations Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the market capitalisation of Shree Refrigerations Ltd?
Shree Refrigerations Ltd has a market capitalisation of ₹1,425 Cr, which places it in the Small Cap band.
What is the PE ratio of Shree Refrigerations Ltd?
Shree Refrigerations Ltd trades at a PE ratio of 67.10, against a book value of ₹60.31 per share.
What is the 52-week high and low of Shree Refrigerations Ltd?
Over the last 52 weeks Shree Refrigerations Ltd has traded between ₹161 and ₹438.95.
What is the Return on Equity (ROE) of Shree Refrigerations Ltd?
Shree Refrigerations Ltd reported a return on equity of 9.98%. Its debt-to-equity ratio is 0.17.
Company Information
Incorporated in 2006, Shree Refrigerations Ltd is a defence-focused manufacturer of advanced refrigeration and HVAC systems.[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/544458.md for Shree Refrigerations Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.