Shree Refrigerations has demonstrated strong financial performance in Q3 FY26, showcasing significant business momentum in the engineering sector. The company's latest quarterly results highlight robust revenue generation and improved operational metrics.

Quarterly Performance Overview

The company reported revenue of ₹501.60 million for Q3 FY26, which notably matches the combined revenue achieved in H1 FY26. This performance indicates consistent quarterly execution and business stability.

Nine-Month Performance Milestone

A significant achievement for Shree Refrigerations is that its nine-month revenue for FY26 has reached ₹1,005.50 million, surpassing the total revenue generated in the entire FY25 period. This milestone demonstrates the company's accelerated growth trajectory and improved business execution capabilities.

Order Book Strength

The company maintains a robust order book valued at ₹2,909.80 million, providing substantial revenue visibility for future quarters. This strong order book position indicates healthy demand for the company's products and services in the engineering sector.

Business Momentum Analysis

The financial metrics reveal several positive indicators for Shree Refrigerations. The consistency between Q3 FY26 revenue and H1 FY26 total suggests stable quarterly performance execution. Additionally, the fact that nine-month revenue has already exceeded the previous full-year total indicates significant business acceleration and operational improvements.

The substantial order book of ₹2,909.80 million provides a strong foundation for sustained revenue generation, offering investors confidence in the company's near-term business prospects and operational stability in the competitive engineering sector.

Shree Refrigerations Limited has announced securing a significant order worth ₹5.69 crores from CPRO, Material Organisation, Mumbai. The company disclosed this material contract under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

The order pertains to the supply of spare parts for class B, representing a substantial business opportunity for the refrigeration equipment manufacturer. The contract specifications and key parameters are outlined below:

Financial Significance

The total contract value stands at ₹5,69,29,251.58, which translates to Five Crores Sixty-Nine Lakhs Twenty-Nine Thousand Two Hundred Fifty-One and Fifty-Eight paise Only, inclusive of GST. This represents a significant addition to the company's order book and demonstrates Shree Refrigerations Limited's capability in the spare parts supply segment.

Compliance and Governance

Shree Refrigerations Limited has confirmed that this contract maintains high standards of corporate governance. Key compliance aspects include:

• No promoter or promoter group companies have any interest in the contracting entity
• The transaction does not fall within related party transactions
• The order has been awarded by a domestic entity

Execution Timeline

The contract provides an extended execution period with the delivery timeline extending to December 2026. This timeline allows the company adequate time for planning, procurement, and quality execution of the order, ensuring adherence to the specified terms and conditions for the supply of spare parts for class B.

The company has stated that this information will also be made available on its official website at https://www.shreeref.com/ in compliance with transparency requirements. This order reinforces Shree Refrigerations Limited's position in the refrigeration and spare parts supply market.