Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · SHREE REFRIGERATIONS LIMITED · 28 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
SHREE REFRIGERATIONS LIMITED
BSE: 544458
BSE: 544458
Industrials › Capital Goods › Aerospace & Defense › Aerospace & Defense
SHREE REFRIGERATIONS LIMITED
StateQ4 FY26 filed
Last close · 27 Oct 2026₹336.00
Market cap₹1.2k cr
TTM P/E · P/B · EV/EBITDA— · — · —
SHREE REFRIGERATIONS LIMITED is a Aerospace & Defense company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 154 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 6.50 |
| ROE % · ROCE % | — · 13.0 |
| Debt / equity (x) | — |
| Cash from operations | 19 |
| Capex | (24) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · SHREE REFRIGERATIONS LIMITED · 28 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 50 | 103 |
| Profit before tax | 1 | 24 |
| Net profit | — | — |
| EPS (₹) | 0.51 | 5.99 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| HINDUSTAN AERONAUTICS LTD | 3,24,693 | 34.8 | 7.91 | 23.8 | 22.2 | 13.7 | 7.8 | 44.0 |
| BHARAT ELECTRONICS LTD | 2,68,964 | 43.8 | 11.20 | 31.0 | 25.3 | 31.9 | 14.4 | 28.1 |
| BHARAT DYNAMICS LIMITED | 36,876 | 70.8 | 8.70 | — | 9.9 | 7.2 | — | 32.6 |
| DATA PATTERNS INDIA LTD | 23,139 | 86.3 | 13.33 | — | 15.6 | 20.3 | — | 33.3 |
| GARDEN REACH SHIP&ENG LTD | 21,994 | 27.5 | 8.38 | — | 28.5 | 36.2 | — | 13.7 |
| APOLLO MICRO SYSTEMS LTD | 15,810 | 123.0 | 12.08 | 72.4 | 8.2 | 10.4 | 34.8 | 22.3 |
| ASTRA MICROWAVE LTD | 14,906 | 78.8 | 11.34 | 42.6 | 14.7 | 17.2 | 12.7 | 20.1 |
| AEQUS LIMITED | 14,647 | — | 9.86 | 93.0 | (7.6) | (3.8) | — | 5.4 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 51.7 | 70.8 | 10 of 23 | 59% |
| ROCE | 11.4 | 13.6 | 17 of 26 | 36% |
| Market cap | 1197 | 6484 | 24 of 26 | 8% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · SHREE REFRIGERATIONS LIMITED · 28 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Shree Refrigerations schedules H1 FY27 earnings call for October 30 | board shareholder meetings | low | — | — |
| 22 Oct 2026 · Board meeting on 28 Oct 2026 to consider H1 FY26 results | results | low | — | — |
| 15 Oct 2026 · Shree Refrigerations incorporates wholly owned subsidiary Aquilon Limited | strategic transactions | medium | — | — |
| 10 Oct 2026 · RTA confirms no demat requests for Q2 FY26 | compliance | minimal | — | — |
| 8 Oct 2026 · Shree Refrigerations bags Rs 7.86 Cr Indian Navy order for AC plants | business updates | high | — | — |
| 26 Sept 2026 · Trading window closed from Oct 1, 2026 till H2 FY26 results announcement | compliance | minimal | — | — |
| 22 Sept 2026 · Participation in virtual conference by Arihant Capital on 25 Sept 2026 | board shareholder meetings | low | — | — |
| 15 Sept 2026 · CARE Ratings upgrades Shree Refrigerations credit rating to BBB minus Stable | credit debt | high | — | — |
| 2 Sept 2026 · Shareholders approve Whole-Time Director appointment at AGM | management changes | medium | — | — |
| 2 Sept 2026 · 20th AGM Results: All 13 Resolutions Passed with 100% Approval | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in