Shree Refrigerations share price today

Shree Refrigerations Ltd's share price was ₹306.55 at the close on 30 October 2026. It has been rising for 16 weeks. That is 0.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹166 and ₹420, and at that close it sat 55% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Shree Refrigerations Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 18 weeks in a row.

Over the last 1 year the share price moved +75% while the NIFTY 500 moved −3%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For January to March 2026 (the quarter ended 31 March 2026), Shree Refrigerations reported revenue of ₹103 crore, up 114.6% from ₹48.0 crore a year earlier, and a profit of ₹20.0 crore, up 400.0% from ₹4.00 crore.

Shree Refrigerations results: January to March 2026 against a year earlier

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them.

The newest call in our records is from 30 October 2026, about July to September 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.

Shree Refrigerations closed at ₹306.55 on 30 October 2026, up 27.9% from ₹239.60 a year earlier (31 October 2025). Its highest weekly close since August 2025 was ₹419.90 on 4 September 2026.

Shree Refrigerations share price: then and now

Weekly closing prices. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

50 weekly closes from 1 August 2025 to 30 October 2026.

30 Oct 2026: Shree Refrigerations held its results call for July to September 2026. 30 Oct 2026: Shree Refrigerations closed at ₹306.55, down 7.3% on the week and down 22.3% on the month.

Earlier

• Results for January to March 2026: Revenue up 114.6% and profit up 400.0% on a year earlier.

Shree Refrigerations has paid no dividend on the NSE since its first NSE close in our records (1 August 2025), the start of the period we checked.

No. Shree Refrigerations Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 30 October 2026, Shree Refrigerations' management spoke about the quarter; the main points are below.

Source: the call transcript.

From the call for July to September 2026, 30 October 2026.

Shree Refrigerations is not on any of our India lists this week.

Shree Refrigerations Ltd earned ₹20.0 Cr of net profit in the Mar 2026 quarter, +400.0% on the same quarter a year earlier. Full-year FY26 profit was ₹22.0 Cr. That is 19.4% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹22.0 Cr (+69.2% on the year before).

Shree Refrigerations Ltd reported ₹103 Cr of revenue in the Mar 2026 quarter, +114.6% on the same quarter a year earlier. Over 6 years it has grown 50.8% a year on average. The last full year, FY26, came in at ₹154 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹154 Cr, +55.6% on the year before.

Recent pace: the last four quarters grew +56.3% on average, against 50.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Shree Refrigerations Ltd's operating margin was 26.0% in the Mar 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 7 years it has been between −8.8% and 31.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Over the last 3 years Shree Refrigerations Ltd's operations used more cash than they brought in, so cash conversion was −34%, a gap worth watching. In FY26 it brought in ₹14.0 Cr of operating cash against ₹22.0 Cr of profit. After ₹28.0 Cr of spending on assets, free cash was −₹14.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Shree Refrigerations Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹154 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹42.0 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 9.1% of FY26 revenue a year.

Spending on assets: ₹42.0 Cr over the last 3 years, against ₹14.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹18.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Shree Refrigerations Ltd's P/E is 55.2×, near the low end of its own history: it has been lower only 30% of the time. Its usual P/E (the middle reading) is 73.8×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +34.5% while the price moved +27.9%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Shree Refrigerations Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Shree Refrigerations Ltd earned a ROCE of 14% in FY26. That is up from a low of 8% in FY21. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 14.3% net margin and 0.52× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 14.3% net margin × 0.52× asset turnover × 1.36× leverage (assets divided by equity) ≈ 10.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

Shree Refrigerations Ltd had ₹37.0 Cr of borrowings against ₹216 Cr of equity in FY26, so its debt is 0.17× its equity. Its operating profit is 8 times its interest bill. Over 5 years borrowings went from ₹39.0 Cr to ₹37.0 Cr. Over the last 3 of those years it spent ₹42.0 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

The spending on assets is being paid for from cash, not new debt.

No group of Shree Refrigerations Ltd's owners changed its stake by a full percentage point over the last 2 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

For Shree Refrigerations Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

There is no score against its industry: Shree Refrigerations Ltd is not present in the sector comparison for Engineering - Light - General.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

No sector comparison is shown here, not present in the sector comparison.

Shree Refrigerations is the 4th largest of 9 Engineering - Light - General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Indo-MIM, Omnitech Engineering and Axis Solutions. Just below it: Tankup Engineers, Sunita Tools and Filtron Engineers.

Engineering - Light - General companies close in size

1. Indo-MIM Ltd ₹57,933 crore
2. Omnitech Engineering Ltd ₹8,255 crore
3. Axis Solutions Ltd ₹2,947 crore
4. Shree Refrigerations Ltd ₹1,097 crore
5. Tankup Engineers Ltd ₹931 crore
6. Sunita Tools Ltd ₹678 crore
7. Filtron Engineers Ltd ₹526 crore

All 9 Engineering - Light - General companies, largest first

Companies close in size in other industries

1532. K.P. Energy Ltd ₹1,104 crore · Engineering - Turnkey Services
1533. Vardhman Holdings Ltd ₹1,100 crore · Finance - Holding Company
1534. Shree Refrigerations Ltd ₹1,097 crore
1535. Safe Enterprises Retail Fixtures Ltd ₹1,095 crore · Steel
1536. Sunrakshakk Industries India Ltd ₹1,095 crore · Textiles - Processing/Texturising

Sector Alpha, written by code from the published numbers. Data as of 30 October 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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