Pursuant to the provisions of regulation 30 read with sub para B, Part A, Schedule III of SEBI(LODR) Regulations, 2015, we hereby submit the disclosure regarding the order received from ....
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Awaiting price reaction for this filing.
Shree Refrigerations has won an order worth Rs 28.59 Crore (including GST) from the Controller Procurement, Material Organisation, Visakhapatnam, for the supply of 13 MBC-based AC plants along with spares. The order is domestic, is not a related-party transaction, and must be delivered by November 1, 2026. The press note attached to the filing reveals that the company has bagged more than Rs 40 Crore of fresh defence orders (from the Indian Navy) in the last two months, taking its total order book past Rs 320 Crore (excluding GST). The company has already crossed Rs 100 Crore in revenue in just the first nine months of the year, exceeding its full previous year's revenue, and is on track for 40% year-on-year growth.
Positive for shareholders — the new order strengthens an already large defence order book of Rs 320+ Crore, provides clear medium-term revenue visibility, and supports the company's reiterated 40% annual growth guidance. Likely to be viewed favourably by the market given the defence-sector tailwind and execution track record.