Shree Refrigerations Ltd Q2 FY26 results press release summary

Results press release of 11 Nov 2025, summarised by AI from the filing.

Shree Refrigerations H1FY26 revenue ₹503.9 Mn, order book ₹3,276.2 Mn, expects HVAC revenue in H2FY26.

Key takeaways

1. Result H1FY26 revenue ₹503.9 Mn, EBITDA ₹56.6 Mn, PAT ₹14.9 Mn.
2. Guidance Revenue from HVAC projects expected in second half of FY26 and beyond; installation and service revenue to follow ship operational years.
3. Change Personnel increased from 247 in FY25 to 323 as of H1FY26, with front-ended employee costs.
4. Driver Order book of ₹3,276.2 Mn as on September 30, 2025, 3.3x FY25 revenue, provides revenue visibility.
5. Risk Revenue recognition depends on successful delivery and execution of projects and ship operational period.

Original filing on BSE

Shree Refrigerations Ltd earnings call, investor presentation and press release summaries

• Q4 FY26: Earnings call (26 May 2026), Results deck (26 May 2026), Results press release (25 May 2026)
• Q2 FY26: Earnings call (12 Nov 2025), Results deck (12 Nov 2025), Results press release (11 Nov 2025)
• Other events: Strategy deck (26 Aug 2026), Strategy deck (26 Nov 2025)