Shree Refrigerations Ltd (SHREEREF) — shareholding pattern, promoter holding, financials and share price
About Shree Refrigerations Ltd (SHREEREF)
Shree Refrigerations Ltd operates in the Industrial Products industry, within the Capital Goods sector. It trades on the NSE as SHREEREF and on the BSE under scrip code 544458. Its ISIN is INE0FMZ01045.
Incorporated in 2006, Shree Refrigerations Ltd is a defence-focused manufacturer of advanced refrigeration and HVAC systems. [1]
Shree Refrigerations Limited specializes in manufacturing high-performance refrigeration and HVAC systems for defense and marine applications, focusing on self-reliance and technological excellence.
The company has secured first HVAC turnkey orders, significantly enhancing its operational scope and growth potential from H1 FY26.
Listed peers in Industrial Products: Macpower CNC Machines Ltd, Everest Kanto Cylinder Ltd, ICE Make Refrigeration Ltd, Salasar Techno Engineering Ltd, Kabra Extrusion Technik Ltd, Eimco Elecon (India) Ltd.
Valuation & Returns
10 Jul 2026At ₹341.35 a share on 10 Jul 2026, Shree Refrigerations Ltd (SHREEREF) was valued at a price-to-earnings ratio of 56.29x against an industry P/E of 48.01x and a price-to-book of 5.62x on a book value of ₹60.31 per share. Solomo computes return on equity of 9.98% and return on capital employed of 11.27% from filed results.
- P/E
- 56.29x
- Industry P/E
- 48.01x
- P/B
- 5.62x
- EPS (TTM)
- ₹6.02
- Book value / share
- ₹60.31
- ROE
- 9.98%
- ROCE
- 11.27%
- ROA
- 7.32%
- Debt / equity
- 0.17x
- Dividend yield
- 0%
- EBITDA margin
- 22.35%
- 52-week range
- ₹153 – ₹406.2
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Shree Refrigerations Ltd (SHREEREF) reported revenue of ₹154 crore, net profit of ₹22 crore and earnings per share of ₹6.04. That compares with revenue of ₹99 crore and net profit of ₹14 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹103 crore and net profit ₹20 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 45 | 51 | 80 | 99 | 154 |
| Net profit (₹ cr) | 3 | 3 | 12 | 14 | 22 |
| EPS (₹) | - | - | - | 4.83 | 6.04 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 48.80% | 34.78% | 22.94% |
| Profit growth | - | 60.12% | 17.52% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 44.6% of Shree Refrigerations Ltd (SHREEREF), foreign institutional investors (FII) hold 0.12% and domestic institutional investors (DII) hold 8.74%. Market capitalisation was ₹1,216 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Mar 2026: Maharashtra Defence And Aerospace Venture Fund 5.03%, Ashish Kacholia 3.42%, Aarth Aif Growth Fund 2.33%, Bengal Finance And Investment Pvt Ltd 2.25%, HUF 1.84%, Saket Agarwal 1.73%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 44.6% | - | 0.12% | 8.74% | 55.4% |
| Sep 2025 | 44.6% | - | 0.7% | 9.59% | 55.4% |