Earnings Call/Transcript
Shree Refrigerations H1 FY27 Earnings Call Transcript
Shree Refrigerations submitted the transcript of its H1 FY27 post-earnings call held on October 30, 2026.
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Investor Presentation
Q2 FY27
Investor Presentation
Q1 FY27
Investor Presentation
Q4 FY26
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Shree Refrigerations Ltd (SHREEREF) is currently trading at 310.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Shree Refrigerations Limited manufactures chillers, refrigeration equipment, air-conditioning systems, HVAC solutions, and related control panels, with a major focus on Indian naval and marine platforms. Its products serve defense, marine, industrial, automotive, chemical, pharmaceutical, printing, and general-engineering customers, while the company is gradually pursuing data-center cooling and sub-zero industrial refrigeration opportunities. The company reported approximately 84% year-on-year revenue growth in H1 FY27 and improved EBITDA margin from approximately 11% to 13.5%, despite commodity inflation. Management nevertheless expects full-year EBITDA margin near 22%, implying substantially stronger second-half profitability driven by higher deliveries, product mix, fixed-cost absorption, and strategic inventory sourcing. Shree Refrigerations Limited has developed a meaningful defense-manufacturing moat through Indian Navy type-tested products, broad service coverage across naval ports, integrated manufacturing, and control-panel capabilities. It stated that five of six AC-plant capacities are already type-tested, reducing future qualification time and potentially enabling faster execution of repeat naval orders. The company’s order book stood near INR 200 crore at September 2026, down from INR 270 crore at the beginning of the year, but management expects additional naval orders during the second half. Working capital remains intensive, with receivables at INR 128 crore and inventory at INR 80 crore, contributing to negative H1 operating cash flow of approximately INR 42 crore. Diversification is strategically important but remains unproven. Data-center cooling has generated customer discussions but no confirmed order, while the Aquilon subsidiary for sub-zero chillers is expected to begin commercial operations in the next financial year. These initiatives could broaden the company’s addressable market, but management has excluded data-center revenue from current projections.
Over the past 52 weeks, Shree Refrigerations Ltd has traded between a low of ₹161.00 and a high of ₹438.95. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Shree Refrigerations Ltd has a market capitalization of approximately 1,101.28. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Shree Refrigerations Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 41.02 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,101.28 Cr, Shree Refrigerations Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Shree Refrigerations Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Shree Refrigerations Ltd is 41.02. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Shree Refrigerations estimates a Rs 4,000 crore to Rs 5,000 crore market over two years for shipbuilding HVAC, air-conditioning and refrigeration work. Management included new construction and retrofit activity in that range. It did not disclose the revenue or order share Shree Refrigerations expects to win.
Shree Refrigerations reported revenue from operations of Rs 93.2 crore in H1 FY27. This was 84.9% higher than Rs 50.4 crore reported in H1 FY26.
Shree Ref says Unit 2 is roughly 50,000 sq ft at Karad, Maharashtra. The greenfield facility is stated to be expandable to approximately 1,00,000 sq ft, compared with about 20,000 sq ft for Unit 1.
Shree Refrigerations says it has signed a technology-cooperation agreement with Smardt of Canada for oil-free data-centre chillers. The presentation places the agreement within its plan to diversify into data centres and other high-growth sectors, but does not provide an order value or commercial launch date.
Earnings Call/Transcript
Shree Refrigerations submitted the transcript of its H1 FY27 post-earnings call held on October 30, 2026.
Other
Shree Refrigerations will participate in the Ashika Institutional Equities Annual Investor Conference on 5 November 2026 in Mumbai.
Earnings Call/Transcript
Shree Refrigerations shared the video-audio recording of its earnings conference call held on October 30, 2026, discussing unaudited half-year financial results.
Investor Presentation
Shree Refrigerations shared its H1 FY27 investor presentation and announced a live earnings conference call on October 30, 2026, at 12:15 PM.
Industrial Manufacturing
Industrial Products
1,110 Cr
High Risk
41.3
46.8
0.6
5.1
438.95
161.00
Sales CAGR
Profit CAGR
ROE
ROCE