Price
Financials
Consolidated, Rs crore| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 51 | 48 | 50 | 103 |
| Expenses | 36 | 36 | 45 | 76 |
| Operating Profit | 15 | 12 | 6 | 27 |
| OPM % | 30% | 24% | 11% | 26% |
| Other Income | 0 | 0 | 0 | 1 |
| Interest | 3 | 2 | 2 | 1 |
| Depreciation | 2 | 2 | 3 | 3 |
| Profit before tax | 11 | 7 | 1 | 24 |
| Tax % | 27% | 40% | -44% | 16% |
| Net Profit | 8 | 4 | 2 | 20 |
| EPS in Rs | 1.60 | 0.44 | 5.60 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 10 | 45 | 51 | 80 | 99 | 154 |
| Expenses | 8 | 33 | 38 | 55 | 72 | 121 |
| Operating Profit | 3 | 12 | 12 | 25 | 27 | 33 |
| OPM % | 26% | 26% | 25% | 31% | 27% | 21% |
| Other Income | 0 | 0 | 0 | 1 | 0 | 2 |
| Interest | 3 | 4 | 5 | 5 | 5 | 4 |
| Depreciation | 0 | 4 | 4 | 4 | 4 | 6 |
| Profit before tax | -0 | 4 | 4 | 17 | 19 | 25 |
| Tax % | 58% | 27% | 40% | 32% | 32% | 14% |
| Net Profit | -0 | 3 | 3 | 12 | 13 | 22 |
| EPS in Rs | 4.49 | 6.04 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 71% | 45% | 56% | ||
| Compounded Profit Growth | % | 136% | 103% | 69% | ||
| Stock Price CAGR | % | % | % | 55% | ||
| Return on Equity | % | 16% | 15% | 13% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 4 | 5 | 6 | 7 |
| Reserves | -2 | 1 | 21 | 56 | 109 | 209 |
| Borrowings | 39 | 54 | 53 | 38 | 45 | 37 |
| Other Liabilities | 14 | 23 | 16 | 25 | 24 | 41 |
| Total Liabilities | 54 | 81 | 94 | 124 | 183 | 294 |
| Fixed Assets | 5 | 6 | 12 | 12 | 18 | 22 |
| CWIP | 1 | 1 | 0 | 0 | 0 | 18 |
| Investments | 0 | 0 | 4 | 4 | 7 | 15 |
| Other Assets | 48 | 75 | 79 | 107 | 158 | 239 |
| Total Assets | 54 | 81 | 94 | 124 | 183 | 294 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | -9 | -4 | -5 | -25 | 14 | |
| Cash from Investing Activity | -6 | -8 | -2 | -9 | -31 | |
| Cash from Financing Activity | 14 | 14 | 6 | 39 | 69 | |
| Net Cash Flow | -0 | 2 | -1 | 5 | 52 | |
| Free Cash Flow | -9 | -5 | -7 | -33 | -11 | |
| CFO/OP | -315% | -36% | -16% | -70% | 59% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 95 | 172 | 228 | 289 | 352 | 251 |
| Inventory Days | 2,821 | 429 | 464 | 299 | 361 | 249 |
| Days Payable | 809 | 186 | 158 | 115 | 130 | 123 |
| Cash Conversion Cycle | 2,106 | 414 | 534 | 474 | 583 | 377 |
| Working Capital Days | 666 | 170 | 208 | 222 | 343 | 253 |
| ROCE % | 17% | 13% | 25% | 18% | 14% |
| Sep 2025 | Mar 2026 | |
|---|---|---|
| Promoters | 44.60% | 44.60% |
| FIIs | 0.70% | 0.12% |
| DIIs | 9.60% | 8.74% |
| Public | 45.10% | 46.56% |
| No. of Shareholders | 3,381 | 4,461 |
Fundamentals
Market Cap₹ 1,434 Cr.
Current Price₹ 401
Stock P/E66.6
Book Value₹ 60.6
ROCE13.8 %
ROE13.0 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)56%
Compounded Profit Growth (TTM)69%
Consolidated figures.
Valuation
Market capRs 1,413 Cr
Enterprise valueRs 1,465 Cr
P/E (TTM)478.94x
Price to book354.11x
Price to sales31.18x
EV / EBITDA121.36x
EV / EBIT175.01x
EV / sales32.33x
Earnings yield0.21%
Profitability
Operating margin (excl. other income)26.44%
Operating margin (incl. other income)26.64%
EBITDA margin26.64%
Pre-tax margin8.87%
Net profit margin6.51%
ROE117.30%
ROCE17.05%
ROA4.36%
ROIC (approx.)10.97%
Tax rate26.62%
Other income / net worth2.26%
Growth
Sales growth (latest year)331.94%
Per share
EPS (TTM)Rs 0.82
EPS (latest year)Rs 89.66
Book value per shareRs 1.11
Sales per shareRs 12.66
Free cash flow per shareRs -3.07
Efficiency
Asset turnover0.56x
Fixed asset turnover7.84x
Inventory turnover0.87x
Inventory days420 days
Debtor days172 days
Debtors turnover2.13x
Creditor days123 days
Cash conversion cycle377 days
Working capital days253 days
Leverage
Total debtRs 54 Cr
Cash and bankRs 2 Cr
Net debtRs 52 Cr
Debt to equity13.54x
Net debt / EBITDA4.31x
Interest coverage1.92x
Owners' fund to total sources4.91%
Debt to assets66.47%
Cash flow
Free cash flow (latest year)Rs -11 Cr
FCFE (approx.: FCF + change in debt)Rs 4 Cr
Cash from ops / profit, 5 years-0.58x
Statement figures
Net sales (TTM)Rs 45 Cr
Net sales (latest year)Rs 45 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 12 Cr
PBDT (TTM)Rs 8 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Depreciation (TTM)Rs 4 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 24 Cr
Total expenditure (latest year)Rs 33 Cr
Total income (latest year)Rs 45 Cr
Share capitalRs 3 Cr
ReservesRs 1 Cr
Shareholders' fundsRs 4 Cr
Total assetsRs 81 Cr
Net blockRs 6 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 0 Cr
ReceivablesRs 21 Cr
InventoryRs 28 Cr
Other liabilitiesRs 23 Cr
Shares outstanding (crore)3.58
Ownership
Promoter holding44.60%
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 544458 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.8% | -2.8% | +5.6 pts |
| 1 month | +1.2% | -6.8% | +8.0 pts |
| 3 months | +0.0% | -7.6% | +7.6 pts |
Red flags
F-score 6 of 6| explain | Receivables outrunning sales Receivables grew 683% vs sales +332% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Shree Refrigerations Ltd?
Shree Refrigerations Ltd (544458) has a market capitalisation of Rs 1,434 Cr. at the 2026-10-01 close.
What is the P/E ratio of Shree Refrigerations Ltd?
Shree Refrigerations Ltd trades at a P/E of 66.6 on trailing twelve-month profit, at the 2026-10-01 close.