# Shree Refrigerations share price today (Shree Refrigerations Ltd, NSE: SHREEREF)

> Shree Refrigerations share price today: ₹306.55 at the BSE close on 30 October 2026, up 27.9% in a year. Shree Refrigerations (NSE: SHREEREF) trades at a P/E of 55.2. > Shree Refrigerations Ltd's results are improving, while its P/E is near the low end of its own history over 1 year, higher than only 30% of past readings. SHREEREF · Engineering - Light - General · data as of 30 October 2026. Page: https://www.sectoralpha.in/stocks/shree-refrigerations-ltd

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## Key numbers

- Price: ₹306.55 (+27.9% in a year)
- P/E: 55.2× (lower than 70% of the last 1 year)
- Revenue (Mar 2026): ₹103 Cr (+114.6% on a year ago)
- Profit (Mar 2026): ₹20.0 Cr (+400.0% on a year ago)
- Operating margin: 26.0% (+2.0 points on a year ago)
- ROCE: 14%, FY26

The main question: profits are rising, but only −34% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the 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. 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. ## What are Shree Refrigerations' latest quarterly results? 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

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹103 crore | ₹48.0 crore | +114.6% |
| Profit | ₹20.0 crore | ₹4.00 crore | +400.0% |
| Earnings per share | ₹5.60 | ₹1.60 | +250.0% |
| Operating margin | 26.0% | 24.0% | +2.0 points |

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.)

## What is the Shree Refrigerations share price history? 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

| When | Close | Change to 30 Oct 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹330.55 | −7.3% |
| 1 month ago · 1 Oct 2026 | ₹394.70 | −22.3% |
| 1 year ago · 31 Oct 2025 | ₹239.60 | +27.9% |
| Earliest weekly close in our records · 1 Aug 2025 | ₹175.40 | +74.8% |
| Highest weekly close since August 2025, also the 52-week high · 4 Sep 2026 | ₹419.90 | −27.0% |
| Lowest weekly close since August 2025 · 8 Aug 2025 | ₹165.70 | +85.0% |
| 52-week low (weekly close) · 29 Jan 2026 | ₹166.10 | +84.6% |

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.)

## What is the latest news on Shree Refrigerations? 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. ## What dividend does Shree Refrigerations pay? 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.)

## What did Shree Refrigerations management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/58697-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.)

## Which stock lists is Shree Refrigerations on? Shree Refrigerations is not on any of our India lists this week. ## Is Shree Refrigerations profitable? 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. For the full year, FY26 profit was ₹22.0 Cr (+69.2% on the year before). ## How much revenue does Shree Refrigerations make, and is it growing? 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. 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. ## How much of every ₹100 of sales does Shree Refrigerations keep? 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. 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. ## Is Shree Refrigerations' profit turning into cash? 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. 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. ## Where does Shree Refrigerations' cash go? 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. 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. ## What is Shree Refrigerations' P/E ratio, and how does it compare with its own history? 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. 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. ## Is the Shree Refrigerations business getting better or worse? 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. 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. ## How much does Shree Refrigerations earn on its capital? 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). 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. ## Does Shree Refrigerations have too much debt? 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. The spending on assets is being paid for from cash, not new debt. ## What is the Shree Refrigerations shareholding pattern? 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. ## How far is Shree Refrigerations from balance-sheet trouble? 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. ## How does Shree Refrigerations rank in its industry? 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. ## Which companies is Shree Refrigerations compared with? No sector comparison is shown here, not present in the sector comparison. ## Which companies are close to Shree Refrigerations in size? 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](https://www.sectoralpha.in/stocks/indo-mim-ltd) ₹57,933 crore
2. [Omnitech Engineering Ltd](https://www.sectoralpha.in/stocks/omnitech-engineering-ltd) ₹8,255 crore
3. [Axis Solutions Ltd](https://www.sectoralpha.in/stocks/axis-solutions-ltd) ₹2,947 crore
4. Shree Refrigerations Ltd ₹1,097 crore
5. [Tankup Engineers Ltd](https://www.sectoralpha.in/stocks/tankup-engineers-ltd) ₹931 crore
6. [Sunita Tools Ltd](https://www.sectoralpha.in/stocks/sunita-tools-ltd) ₹678 crore
7. [Filtron Engineers Ltd](https://www.sectoralpha.in/stocks/filtron-engineers-ltd) ₹526 crore

[All 9 Engineering - Light - General companies, largest first](https://www.sectoralpha.in/sectors/engineering-light-general#all-companies)

### Companies close in size in other industries

1. [K.P. Energy Ltd](https://www.sectoralpha.in/stocks/kp-energy-ltd) ₹1,104 crore · Engineering - Turnkey Services
2. [Vardhman Holdings Ltd](https://www.sectoralpha.in/stocks/vardhman-holdings-ltd) ₹1,100 crore · Finance - Holding Company
3. Shree Refrigerations Ltd ₹1,097 crore
4. [Safe Enterprises Retail Fixtures Ltd](https://www.sectoralpha.in/stocks/safe-enterprises-retail-fixtures-ltd) ₹1,095 crore · Steel
5. [Sunrakshakk Industries India Ltd](https://www.sectoralpha.in/stocks/sunrakshakk-industries-india-ltd) ₹1,095 crore · Textiles - Processing/Texturising

## What else do people ask about Shree Refrigerations? ### What is Shree Refrigerations's share price today? Shree Refrigerations Ltd's share price is ₹306.55, +27.9% over the past year. The whole company is worth ₹1,189 Cr on the market. In the last 52 weeks it traded between ₹166 to ₹420; today it is 55% of the way up from the low, 0.3% above its 200-day average (as of 30 October 2026). ### What were Shree Refrigerations's latest quarterly results? Shree Refrigerations Ltd reported revenue of ₹103 Cr and net profit of ₹20.0 Cr for the Mar 2026 quarter. Revenue rose 114.6% and profit rose 400.0% compared with a year earlier. Earnings per share were ₹5.60. The operating margin was 26.0%, 2.0 percentage points higher than a year earlier (as of 30 October 2026). ### What is Shree Refrigerations's market cap? Shree Refrigerations Ltd's market capitalisation is ₹1,189 Cr at a share price of ₹306.55. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 30 October 2026). ### How is Shree Refrigerations performing? Shree Refrigerations Ltd's share price has been rising for 16 weeks. In its latest quarter, revenue rose 114.6% and profit rose 400.0% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 18 weeks running (as of 30 October 2026). ### Will Shree Refrigerations's share price go up? This page does not forecast Shree Refrigerations Ltd's share price. What it shows instead: the share price is ₹306.55, and it has been rising for 16 weeks. Its P/E of 55.2× is higher than 30% of its own last 1 years (as of 30 October 2026). ### Who owns Shree Refrigerations? Promoters own 44.6% of Shree Refrigerations Ltd, foreign institutions 0.1%, domestic institutions 8.7% and the public 46.6% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 30 October 2026). ### Where is Shree Refrigerations in its business cycle? Shree Refrigerations Ltd's FY26 operating margin was 21.0%, against a 7-year range of −8.8% to 31.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 26.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 30 October 2026). ### What could break the Shree Refrigerations story? The main question: profits are rising, but only −34% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 30 October 2026). ### Is Shree Refrigerations a stock worth studying right now? What the numbers show: Shree Refrigerations Ltd's results are improving, while its P/E is near the low end of its own history over 1 year, higher than only 30% of past readings. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 30 October 2026). This is research, not advice. We’re not SEBI-registered.