Shree Refrigerations Ltd — Important, 17-11-2025: Company Update

Shree Refrigerations shared its H1 FY25-26 financial results, reporting ₹50 Cr revenue with 11.2% EBITDA and 2.9% net profit margins. Margins were impacted by onsite project execution and increased employee costs for future growth. The company holds a strong order book of ₹327 Cr, to be executed over two to three years. Management anticipates significantly higher H2 FY26 deliveries, targeting ₹140-150 Cr revenue for the full year with PAT margins similar to last year (13-14%). They project 40-50% CAGR growth, expanding into non-defence marine and data center cooling solutions via a partnership.