Shree Refrigerations Ltd — Q4FY26 earnings call summary

Filed 01 June 2026 · Official transcript

Commodity inflation factored in bids; some margin impact expected
Order book at INR270 Cr, 1.8x FY26 revenue; market share 64% in defence HVAC
FY27 revenue growth guided at 40% CAGR over 3-5 years; EBITDA margin expected 20-24%
FY26 revenue grew 150% y-y; PAT up 64%; EPS rose 28% despite dilution
Data centre cooling revenue to start FY28; reference installation targeted in FY27
Working capital cycle improved from 570 to 370 days; further reduction expected
Export plans at nascent stage, focused on marine segment
Capex of INR25 Cr for new plant phase 1; existing infrastructure supports INR400 Cr revenue