Shree Refrigerations Ltd crosses FY25 revenue mark in first 9 of FY26 revenue crossed Rs. 1,000 Mn in 9 Months

Shree Refrigerations Ltd (SRL), one of India's leading defence-oriented manufacturers of high-performance Refrigeration, Cooling, and HVAC systems, is pleased to announce its business update for the third quarter and nine months (Q3 & 9M FY26) ended December 31, 2025.

Key Financial Highlights:

- Q3 FY26 Performance: Revenue for Q3 FY26 stood at INR 501.6 mn, remarkably equivalent to the revenue achieved in the entire first half (H1 FY26) of INR 503.9 mn, demonstrating operational momentum and accelerated execution in the third quarter.

- 9M FY26 Achievement: Cumulative revenue for 9M FY26 reached INR 1,005.5 mn, marking a significant milestone by surpassing the full-year revenue of FY25 (INR 987.3 mn). This underscores the Company's strong execution and growing demand in the defence and allied sectors.

Order Book Position:

The closing order book as on December 31, 2025, stood at INR 2,909.8 mn.

Outlook:

The company remains focused on strengthening its presence across defence-oriented and industrial cooling systems. With a growing HVAC order book and expanded execution capacity, SRL is positioned for long-term, sustainable growth as revenue momentum continues to build.

SRL remains committed to innovation and excellence in delivering mission-critical solutions for India's defence ecosystem. The Company looks forward to sustained growth in the coming quarters, driven by strategic initiatives and a robust pipeline.

Commenting on the update, Mr. Ravalnath Shende, Chairman & Managing Director, Shree Refrigerations Limited, stated: "We are delighted to report that in just nine months of FY26, Shree Refrigerations has achieved revenue that exceeds the entire FY25 performance. Notably, our Q3 FY26 revenue of INR 501.6 mn is almost equivalent to the INR 503.9 mn recorded in the entire H1 FY26, highlighting the strong acceleration in deliveries and order fulfilment during the quarter.

This milestone reflects the successful execution of our order book in time bound manner, continued trust from our esteemed defence customers, and our team's unwavering focus on delivering mission-critical, highperformance cooling and HVAC solutions.

The defence sector in India continues to witness strong momentum, driven by indigenisation initiatives and modernization programs. Our robust order book of INR 2,909.8 mn provides clear revenue visibility and positions us well for sustained growth in the coming quarters. We remain committed to innovation, operational excellence, and timely order delivery, further strengthening our leadership in this strategic segment."

Shares of Shree Refrigerations Limited was last trading in BSE at Rs. 194.00 as compared to the previous close of Rs. 188.45. The total number of shares traded during the day was 120000 in over 209 trades.

The stock hit an intraday high of Rs. 197.70 and intraday low of 190.50. The net turnover during the day was Rs. 23449025.00.

Source : Equity Bulls

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ShreeRefrigerations INE0FMZ01045 IndustrialProducts BusinessUpdates Q3FY26