Financial Results March 31, 2026
Price
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Shree Refrigerations Limited reported strong full-year results for FY2026 ending March 31, 2026. Standalone revenue grew 55.5% to Rs. 15,355 Lakhs from Rs. 9,873 Lakhs in the prior year, while PAT surged 64.7% to Rs. 2,140 Lakhs from Rs. 1,300 Lakhs. Basic EPS improved to Rs. 6.47 from Rs. 5.04. The company completed its IPO in August 2025 raising Rs. 9,451.25 Lakhs, fully deploying the proceeds toward issue expenses (Rs. 1,451.25L), general corporate purposes (Rs. 1,000L), and working capital (Rs. 7,000L). No deviation in fund utilisation was reported. The auditor issued an unmodified opinion. The company also appointed new internal, secretarial, and cost auditors for FY2027.
Strong double-digit growth in both revenue and profit signals solid operational performance, though investors should note the new factory facility under CWIP is yet to be capitalized and will impact future depreciation once operational.