MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-30-0003507
Market Cap
₹1,141 Cr
SHREEREF · BSE
Share Price
₹306.55
-3.84% today
Revenue
₹154 Cr
FY 2025-26 · +55.5% YoY
EBITDA
₹32.81 Cr
Margin 21.4%
Net Profit
₹21.54 Cr
FY 2025-26 · +69.5% YoY
P/E (TTM)
56.3x
P/B 5.6x
ROE
13.0%
ROCE 13.8%
Debt / Equity
0.25
Interest cover 13.1x
About Shree Refrigerations Limited
Data last updated:
Shree Refrigerations Limited is a public limited company based in Karad, Maharashtra, India. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 24 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29191PN2006PLC128377. Its GSTIN is 27AAJCS9377A1Z1 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 544458.
The company has an authorised share capital of ₹25.1 Cr and a paid-up capital of ₹5.61 Cr. It is led by directors including Ravalnath Gopinath Shende (Managing Director) and Rajashri Ravalnath Shende (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot.No. 131/12 Opp. Mseb Stores Virwade Road Ogalewadi, Karad, Maharashtra, India – 415105.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹153.55 Cr, a growth of 55.5% compared to the previous year. For the same year it recorded a net profit of ₹21.54 Cr (net margin 14%) and EBITDA of ₹32.81 Cr (EBITDA margin 21.4%). The net worth stands at ₹215.86 Cr (up 88.9% YoY). Total assets are valued at ₹253.66 Cr (up 59.1% YoY).
The company has about 74 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Shreeref. As per MCA filings, the company has open charges of ₹88.06 Cr and satisfied charges of ₹75.51 Cr on record. The company has 26 deals on record (15 funding rounds, 5 market trades, 5 secondary share transfers), with disclosed funding of ₹103.03 Cr; the latest was in July 2026. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 16 overdue payments to 15 micro and small suppliers.
Shree Refrigerations Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-30-0003507). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreeref.com.
Company details
CIN U29191PN2006PLC128377
Registration Number 128377
Incorporation Date 24 April 2006
ROC Pune
Listing Status Listed - Listed on BSE (544458)
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-30-0003507
CIN history
Shree Refrigerations has one previous CIN (Corporate Identification Number): U29191PN2006PTC128377. The current CIN is U29191PN2006PLC128377, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29191PN2006PLC128377 | Current |
| U29191PN2006PTC128377 | Previous |
Key People
Ravalnath Gopinath Shende Managing Director Rajashri Ravalnath Shende Whole-Time Director Devashree Nampurkar Vishwesh Whole-Time Director Recognitions & Rankings of Shree Refrigerations
Contact details
Shree Refrigerations Limited's registered office is in Karad, Maharashtra. Its website is shreeref.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot.No. 131/12 Opp. Mseb Stores Virwade Road Ogalewadi, Karad, Maharashtra, India – 415105
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Shree Refrigerations Limited, buy the company report.
Comprehensive company report
Shree Refrigerations Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Shree Refrigerations operates one associated brand: Shreeref. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fountain solution chillers are manufactured and provided as core services. | shreeref.com |
Financials of Shree Refrigerations Limited
FY 2025-26 filings availableShree Refrigerations Limited reported revenue of ₹153.55 Cr (up 55.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹154 Cr
+55.5% YoY
EBITDA
₹32.81 Cr
+21.7% YoY
Profit After Tax
₹21.54 Cr
+69.5% YoY
Net Worth
₹216 Cr
+88.9% YoY
Total Assets
₹254 Cr
+59.1% YoY
Total Debt
₹37.46 Cr
-16.6% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 154 | 98.73 | 80.31 | 50.57 | 45.31 | 10.49 |
| Revenue growth | +55.5% | +22.9% | +58.8% | +11.6% | +331.9% | - |
| EBITDA | 32.81 | 26.95 | 24.91 | 12.41 | 11.98 | 2.77 |
| EBITDA margin | +21.4% | +27.3% | +31.0% | +24.5% | +26.4% | +26.4% |
| Profit before tax | 25.00 | 18.52 | 16.90 | 4.26 | 4.02 | (0.17) |
| Net profit | 21.54 | 12.71 | 11.52 | 2.58 | 2.95 | (0.28) |
| Net profit margin | +14.0% | +12.9% | +14.3% | +5.1% | +6.5% | -2.7% |
| EPS (₹) | 6.04 | 4.49 | 4.70 | 63.35 | 89.72 | (9.20) |
| Balance sheet | ||||||
| Total assets | 254 | 159 | 101 | 78.55 | 64.05 | 45.58 |
| Net worth | 216 | 114 | 60.72 | 45.22 | 23.80 | 20.85 |
| Total debt | 37.46 | 44.91 | 38.27 | 32.70 | 34.21 | 19.32 |
| Cash & bank | 57.66 | 5.94 | 0.97 | 2.44 | 2.03 | 2.26 |
| Net working capital | 198 | 135 | 82.66 | 59.22 | 51.78 | 34.05 |
| Cash flow | ||||||
| Cash from operations | 13.80 | (24.98) | (5.16) | (4.46) | - | (8.67) |
| Cash from investing | (31.12) | (9.28) | (1.94) | (7.63) | - | (5.65) |
| Cash from financing | 69.03 | 39.23 | 5.63 | 13.98 | - | 14.16 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 154 | 98.73 | 80.31 | 50.57 | 45.31 | 10.49 | 13.07 |
| Revenue growth | +55.5% | +22.9% | +58.8% | +11.6% | +331.9% | -19.7% | - |
| EBITDA | 32.81 | 26.96 | 24.91 | 12.41 | 12.00 | 2.77 | (1.15) |
| EBITDA margin | +21.4% | +27.3% | +31.0% | +24.5% | +26.5% | +26.4% | -8.8% |
| Profit before tax | 24.82 | 18.69 | 17.36 | 4.75 | 4.55 | 0.30 | (4.45) |
| Net profit | 21.41 | 13.10 | 12.20 | 3.07 | 3.35 | 0.06 | (3.37) |
| Net profit margin | +13.9% | +13.3% | +15.2% | +6.1% | +7.4% | +0.6% | -25.8% |
| EPS (₹) | 6.01 | 4.63 | 4.98 | 75.40 | 101.49 | 1.81 | (105.54) |
| Balance sheet | |||||||
| Total assets | 259 | 165 | 102 | 78.34 | 62.41 | 44.07 | 22.95 |
| Net worth | 220 | 118 | 64.46 | 48.29 | 26.25 | 22.91 | 2.84 |
| Total debt | 39.46 | 46.92 | 35.30 | 29.43 | 30.13 | 15.74 | 18.92 |
| Cash & bank | 57.51 | 5.93 | 0.96 | 2.42 | 2.01 | 2.24 | 2.40 |
| Net working capital | 197 | 135 | 82.66 | 59.04 | 50.29 | 32.56 | 12.63 |
| Cash flow | |||||||
| Cash from operations | 13.85 | (24.92) | (5.33) | (5.76) | (5.05) | (9.06) | - |
| Cash from investing | (31.12) | (14.38) | (2.53) | (7.63) | (6.35) | (5.65) | - |
| Cash from financing | 68.85 | 44.27 | 6.39 | 15.28 | 11.17 | 14.56 | - |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 154 | 98.73 | 80.31 | 50.57 | 45.31 | 10.49 |
| Revenue growth | +55.5% | +22.9% | +58.8% | +11.6% | +331.9% | - |
| Other income | 1.51 | 0.36 | 0.88 | 0.33 | 0.09 | 0.25 |
| Total expenses | 121 | 71.78 | 55.40 | 38.16 | 33.33 | 7.72 |
| Employee cost | 18.28 | 11.78 | 7.01 | 5.49 | 6.27 | 2.76 |
| EBITDA | 32.81 | 26.95 | 24.91 | 12.41 | 11.98 | 2.77 |
| EBITDA margin | +21.4% | +27.3% | +31.0% | +24.5% | +26.4% | +26.4% |
| Depreciation | 5.78 | 4.24 | 3.82 | 3.57 | 3.70 | 0.45 |
| Interest | 3.54 | 4.55 | 5.07 | 4.91 | 4.35 | 2.74 |
| Profit before tax | 25.00 | 18.52 | 16.90 | 4.26 | 4.02 | (0.17) |
| Tax | 3.46 | 5.91 | 5.37 | 1.68 | 1.07 | 0.11 |
| Net profit | 21.54 | 12.71 | 11.52 | 2.58 | 2.95 | (0.28) |
| Net profit margin | +14.0% | +12.9% | +14.3% | +5.1% | +6.5% | -2.7% |
| EPS (₹) | 6.04 | 4.49 | 4.70 | 63.35 | 89.72 | (9.20) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 7.13 | 5.61 | 4.90 | 23.97 | 23.10 | 23.10 |
| Reserves & surplus | 209 | 109 | 55.82 | 21.25 | 0.70 | (2.25) |
| Shareholders' funds (net worth) | 216 | 114 | 60.72 | 45.22 | 23.80 | 20.85 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 38.31 | 40.71 | 35.15 | 30.58 | 32.78 | 16.25 |
| Unsecured loans | (0.85) | 4.20 | 3.12 | 2.12 | 1.43 | 3.07 |
| Total debt | 37.46 | 44.91 | 38.27 | 32.70 | 34.21 | 19.32 |
| Total liabilities | 254 | 159 | 101 | 78.55 | 64.05 | 45.58 |
| Assets | ||||||
| Gross block | 33.33 | 26.44 | 20.62 | 19.53 | 12.78 | 11.32 |
| Net block | 22.23 | 18.14 | 11.99 | 11.74 | 5.78 | 4.74 |
| Capital work in progress | 17.55 | 0.06 | 0.34 | 0.00 | 0.81 | 1.00 |
| Investments | 14.90 | 6.92 | 4.38 | 3.59 | 0.17 | 0.12 |
| Inventories | 54.77 | 47.40 | 32.20 | 29.90 | 28.12 | 24.50 |
| Sundry debtors | 105 | 95.16 | 63.57 | 31.58 | 21.29 | 2.72 |
| Cash & bank balances | 57.66 | 5.94 | 0.97 | 2.44 | 2.03 | 2.26 |
| Loans & advances | 20.16 | 8.99 | 7.57 | 8.99 | 17.43 | 13.13 |
| Total current assets | 238 | 157 | 104 | 72.91 | 68.87 | 42.61 |
| Total current liabilities | 40.45 | 22.64 | 21.65 | 13.69 | 17.09 | 8.56 |
| Net working capital | 198 | 135 | 82.66 | 59.22 | 51.78 | 34.05 |
| Total assets | 254 | 159 | 101 | 78.55 | 64.05 | 45.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 5.94 | 0.97 | 2.44 | 0.54 | - | 2.42 |
| Net cash from operating activities | 13.80 | (24.98) | (5.16) | (4.46) | - | (8.67) |
| Net cash from investing activities | (31.12) | (9.28) | (1.94) | (7.63) | - | (5.65) |
| Net cash from financing activities | 69.03 | 39.23 | 5.63 | 13.98 | - | 14.16 |
| Net change in cash | 51.72 | 4.97 | (1.47) | 1.90 | - | (0.16) |
| Closing cash | 57.66 | 5.94 | 0.97 | 2.44 | - | 2.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +55.5% | +22.9% | +58.8% | +11.6% | +331.9% | - |
| EBITDA growth | +21.7% | +8.2% | +100.7% | +3.6% | +332.5% | - |
| PBT growth | +35.0% | +9.6% | +296.7% | +6.0% | +9998.0% | +9997.0% |
| Net income growth | +69.5% | +10.3% | +346.5% | -12.5% | +1153.6% | - |
| Revenue CAGR (3Y) | +44.8% | +29.6% | +97.1% | - | - | - |
| EBITDA CAGR (3Y) | +38.3% | +31.0% | +108.0% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +14.0% | +12.8% | +14.4% | +5.1% | +6.5% | -2.7% |
| Return on capital employed | +13.8% | +17.7% | +24.5% | +12.9% | +15.3% | 0.0% |
| Return on net worth | +13.0% | +14.4% | +26.8% | +17.5% | +117.3% | 0.0% |
| Debt / equity | 0.25 | 0.48 | 0.67 | 0.97 | 1.20 | 0.93 |
| Long-term debt / equity | 0.05 | 0.11 | 0.12 | 0.16 | 0.27 | 0.32 |
| Interest cover | 13.10 | 20.04 | 24.04 | 55.54 | 52.54 | 118.10 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 5.76 | 4.71 | 4.42 | 3.44 | 3.76 | 0.93 |
| Inventory turnover | 3.37 | 2.79 | 2.86 | 1.92 | 1.72 | 0.43 |
| Debtors turnover | 1.72 | 1.40 | 1.86 | 2.10 | 3.77 | 3.86 |
| EPS (₹) | 6.04 | 4.49 | 4.70 | 63.35 | 89.72 | (9.20) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Book value per share (₹) | 60.58 | 40.72 | 24.79 | 623.12 | 121.21 | 31.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 154 | 98.73 | 80.31 | 50.57 | 45.31 | 10.49 | 13.07 |
| Revenue growth | +55.5% | +22.9% | +58.8% | +11.6% | +331.9% | -19.7% | - |
| Other income | 1.51 | 0.36 | 0.88 | 0.33 | 0.09 | 0.25 | 0.09 |
| Total expenses | 121 | 71.77 | 55.40 | 38.16 | 33.31 | 7.72 | 14.22 |
| Employee cost | 18.28 | 11.78 | 7.01 | 5.49 | 6.27 | 2.76 | 4.08 |
| EBITDA | 32.81 | 26.96 | 24.91 | 12.41 | 12.00 | 2.77 | (1.15) |
| EBITDA margin | +21.4% | +27.3% | +31.0% | +24.5% | +26.5% | +26.4% | -8.8% |
| Depreciation | 5.78 | 4.15 | 3.82 | 3.57 | 3.70 | 0.45 | 0.51 |
| Interest | 3.72 | 4.48 | 4.61 | 4.42 | 3.84 | 2.27 | 2.88 |
| Profit before tax | 24.82 | 18.69 | 17.36 | 4.75 | 4.55 | 0.30 | (4.45) |
| Tax | 3.41 | 5.69 | 5.15 | 1.68 | 1.20 | 0.24 | (1.08) |
| Net profit | 21.41 | 13.10 | 12.20 | 3.07 | 3.35 | 0.06 | (3.37) |
| Net profit margin | +13.9% | +13.3% | +15.2% | +6.1% | +7.4% | +0.6% | -25.8% |
| EPS (₹) | 6.01 | 4.63 | 4.98 | 75.40 | 101.49 | 1.81 | (105.54) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.13 | 5.61 | 4.90 | 23.97 | 23.10 | 23.10 | 3.19 |
| Reserves & surplus | 213 | 113 | 59.56 | 24.32 | 3.15 | (0.19) | (0.35) |
| Shareholders' funds (net worth) | 220 | 118 | 64.46 | 48.29 | 26.25 | 22.91 | 2.84 |
| Secured loans | 41.02 | 43.19 | 32.18 | 27.31 | 28.70 | 12.67 | 13.29 |
| Unsecured loans | (1.56) | 3.73 | 3.12 | 2.12 | 1.43 | 3.07 | 5.63 |
| Total debt | 39.46 | 46.92 | 35.30 | 29.43 | 30.13 | 15.74 | 18.92 |
| Total liabilities | 259 | 165 | 102 | 78.34 | 62.41 | 44.07 | 22.95 |
| Assets | |||||||
| Gross block | 37.62 | 30.74 | 19.23 | 18.13 | 11.38 | 9.92 | 9.70 |
| Net block | 26.52 | 22.44 | 10.60 | 10.34 | 4.38 | 3.34 | 3.56 |
| Capital work in progress | 17.55 | 0.06 | 0.34 | 0.00 | 0.81 | 1.00 | 0.72 |
| Investments | 16.57 | 8.59 | 6.05 | 5.26 | 1.84 | 1.79 | 1.79 |
| Inventories | 54.77 | 47.40 | 32.20 | 29.90 | 28.12 | 24.50 | 8.04 |
| Sundry debtors | 105 | 95.16 | 63.57 | 31.58 | 21.29 | 2.72 | 5.72 |
| Cash & bank balances | 57.51 | 5.93 | 0.96 | 2.42 | 2.01 | 2.24 | 2.40 |
| Loans & advances | 20.16 | 8.99 | 7.57 | 8.99 | 15.95 | 11.65 | 3.16 |
| Total current assets | 238 | 157 | 104 | 72.89 | 67.37 | 41.11 | 19.32 |
| Total current liabilities | 40.50 | 22.69 | 21.64 | 13.85 | 17.08 | 8.55 | 6.69 |
| Net working capital | 197 | 135 | 82.66 | 59.04 | 50.29 | 32.56 | 12.63 |
| Total assets | 259 | 165 | 102 | 78.34 | 62.41 | 44.07 | 22.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 5.93 | 0.96 | 2.42 | 0.53 | 2.24 | 2.40 | - |
| Net cash from operating activities | 13.85 | (24.92) | (5.33) | (5.76) | (5.05) | (9.06) | - |
| Net cash from investing activities | (31.12) | (14.38) | (2.53) | (7.63) | (6.35) | (5.65) | - |
| Net cash from financing activities | 68.85 | 44.27 | 6.39 | 15.28 | 11.17 | 14.56 | - |
| Net change in cash | 51.58 | 4.97 | (1.47) | 1.90 | (0.23) | (0.16) | - |
| Closing cash | 57.51 | 5.93 | 0.96 | 2.42 | 2.01 | 2.24 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +55.5% | +22.9% | +58.8% | +11.6% | +331.9% | -19.7% | - |
| EBITDA growth | +21.7% | +8.2% | +100.7% | +3.4% | +333.2% | +340.9% | - |
| PBT growth | +32.8% | +7.7% | +265.5% | +4.4% | +1416.7% | +9998.0% | +9997.0% |
| Net income growth | +63.4% | +7.4% | +297.4% | -8.4% | +5483.3% | +101.8% | - |
| Revenue CAGR (3Y) | +44.8% | +29.6% | +97.1% | +57.0% | - | - | - |
| EBITDA CAGR (3Y) | +38.3% | +31.0% | +108.0% | - | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +13.9% | +13.2% | +15.2% | +6.1% | +7.4% | +0.6% | -25.8% |
| Return on capital employed | +13.4% | +17.4% | +23.9% | +13.0% | +15.7% | +7.6% | 0.0% |
| Return on net worth | +12.7% | +15.0% | +23.7% | +17.6% | +68.0% | +1.9% | 0.0% |
| Debt / equity | 0.26 | 0.42 | 0.56 | 0.80 | 0.93 | 1.35 | 6.66 |
| Long-term debt / equity | 0.05 | 0.04 | 0.02 | 0.04 | 0.09 | 0.38 | 2.32 |
| Interest cover | 13.76 | 19.64 | 21.86 | 50.00 | 46.27 | 97.84 | -173.49 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.03 | 4.44 | 4.30 | 3.77 | 4.25 | 1.07 | 1.57 |
| Inventory turnover | 3.37 | 2.79 | 2.59 | 1.92 | 1.72 | 0.64 | 1.89 |
| Debtors turnover | 1.72 | 1.40 | 1.69 | 2.10 | 3.77 | 2.49 | 2.66 |
| EPS (₹) | 6.01 | 4.63 | 4.98 | 75.40 | 101.49 | 1.81 | (105.54) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 61.64 | 42.11 | 26.32 | 698.65 | 195.63 | 94.14 | 89.11 |
To see the full year-wise statements and ratios of Shree Refrigerations Limited, buy the company report.
Board of directors of Shree Refrigerations Limited
Shree Refrigerations has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Ramaswamy Shastry | Director | 19 Feb 2024 | 2 Years 8 Months | Current |
| Nandkumar Madhav Athawale | Director | 19 Feb 2024 | 2 Years 8 Months | Current |
| Ravalnath Gopinath Shende Also directs: Trezor Technologies Private Limited | Managing Director | 24 Apr 2006 | 20 Years 6 Months | Current |
| Vivek Karnavat | Director | 25 Nov 2024 | 1 Years 11 Months | Current |
| Rajashri Ravalnath Shende Also directs: Trezor Technologies Private Limited | Whole-Time Director | 24 Apr 2006 | 20 Years 6 Months | Current |
| Devashree Nampurkar Vishwesh Also directs: D-Aiva Engineering Private Limited | Whole-Time Director | 23 May 2023 | 3 Years 5 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Shree Refrigerations Limited is audited by SSSS & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSSS & Associates | FY 2023 | GODBOLE SHIRISH NARAYAN |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 44.60%, foreign institutional investors hold 0.10%, domestic institutional investors hold 8.80% and retail and other public shareholders hold 46.60%.
Sep 2026
QUARTER
44.60% Promoters
8.80% DII (Domestic Institutional)
0.10% FII (Foreign Institutional)
46.60% Retail & Others
Promoter holding - history
Now 44.60% · Sep 2026High 44.60% · Mar 2026Low 44.60% · Mar 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | |
|---|---|---|---|
| Promoters | 44.60% | 44.60% | 44.60% |
| Public | 55.40% | 55.40% | 55.40% |
Charges & borrowings
Open charges
₹88.06 Cr
Satisfied charges
₹75.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101047895 | Others | ₹78.5 Lakh | Open | |
| 12 Nov 2024 | 101007824 | Sidbi | ₹3.56 Cr | Open | |
| 29 Aug 2024 | 101008495 | Others | ₹10.94 Lakh | Open | |
| 30 Sep 2022 | 100614430 | Yes Bank Limited | ₹24.5 Cr | Open | |
| 28 Sep 2022 | 100614687 | Yes Bank Limited | ₹24.5 Cr | Open |
To see the full charge records of Shree Refrigerations Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Shree Refrigerations Limited has 26 deals on record (15 funding rounds, 5 market trades, 5 secondary share transfers), with disclosed funding of ₹103.03 Cr; the latest was in July 2026.
Total deals
26
Funding rounds
15
Market trades
5
Secondary share transfers
5
IPO
1
Disclosed funding
₹103.03 Cr
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹7.26 Cr | Buyer: Mansi Share and Stock Broking Private Limited Seller: Mansi Share and Stock Broking Private Limited |
| Aug 2025 | Market trade | ₹3.27 Cr | Buyer: Mansi Share and Stock Broking Private Limited Seller: Mansi Share and Stock Broking Private Limited |
| Jul 2025 | IPO | ₹117.33 Cr | Investors: Bengal Finance and Investment Private Limited , Chhatisgarh Investments Limited , Shine Star Build-Cap Private Limited Seller: Idbi Capital Markets & Securities Limited |
| Dec 2024 | Funding round | ₹12.7 Cr | Investors: Coral Pebble LLP , SN Capital Management Private Limited, Dinero Finance & Investment Private Limited, an individual |
| Nov 2024 | Funding round | ₹32 Cr | Investors: Meru Investment Fund Pcc Cell - 1, Multiplier Share and Stock Advisors Private Limited , 2 individuals |
To see the full deal history of Shree Refrigerations Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shree Refrigerations Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Shree Refrigerations Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 16 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Meson Valves India Private Limited | |||
| Bhavyam Engineering Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shree Refrigerations Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shree Refrigerations has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Trezor Technologies Private Limited | U29309PN2016PTC167062 |
To see the full group structure of Shree Refrigerations Limited, buy the company report.
Employees & EPFO
Shree Refrigerations Limited has a workforce of 74 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
74
Active EPFO establishments
1
Employee growth
8.82%
GST
Shree Refrigerations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS9377A1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shree Refrigerations Limited, buy the company report.
Recent activity
Shree Refrigerations Limited has 10 board changes on record since 2006: 8 appointments and 2 cessations. The latest: Sunil Kaushik was appointed as Whole-Time Director on 25 Nov 2024.
Filing
Shree Refrigerations Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
Charges
A charge with State Bank Of India of Rs. 34.60 Cr registered on 27 Sep 2022 with Charge ID 100622106 was modified on 24 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.79 Cr with Charge ID 101047895 was registered on 31 Jan 2025.
Charges
A charge with Yes Bank Limited of Rs. 24.50 Cr registered on 30 Sep 2022 with Charge ID 100614430 was modified on 10 Jan 2025.
Charges
A charge with Yes Bank Limited of Rs. 24.50 Cr registered on 28 Sep 2022 with Charge ID 100614687 was modified on 10 Jan 2025.
Appointed
Sunil Kaushik was appointed as Whole-Time Director.
Appointed
Vivek Karnavat was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 3.56 Cr with Charge ID 101007824 was registered on 12 Nov 2024.
AGM
Shree Refrigerations Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101008495 was registered on 29 Aug 2024.
Appointed
Lalit Rai was appointed as Director.
Appointed
Nandkumar Madhav Athawale was appointed as Director.
43 earlier events are in the company report.
News
Frequently asked questions
Shree Refrigerations is an active public limited company based in Karad, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 24 April 2006 (20+ years old) and is registered under CIN U29191PN2006PLC128377. Listed on BSE: 544458.
Shree Refrigerations reported revenue of ₹153.55 Cr for FY 2025-26 (up 55.5% YoY) based on consolidated financials.
Shree Refrigerations has 8 current directors:
- Ravalnath Gopinath Shende - Managing Director
- Rajashri Ravalnath Shende - Whole-Time Director
- Devashree Nampurkar Vishwesh - Whole-Time Director
- Sunil Kaushik - Whole-Time Director
- Umesh Ramaswamy Shastry - Director
- Nandkumar Madhav Athawale - Director
- Vivek Karnavat - Director
- Lalit Rai - Director
The latest financial statements of Shree Refrigerations on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shree Refrigerations is 27AAJCS9377A1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shree Refrigerations is U29191PN2006PLC128377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shree Refrigerations is a listed company as per MCA records. Its shares are listed on BSE (code: 544458).
Shree Refrigerations was incorporated on 24 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Shree Refrigerations has 26 deals on record (15 funding rounds, 5 market trades, 5 secondary share transfers), with disclosed funding of ₹103.03 Cr; the latest was in July 2026.
Sunil Kaushik was appointed as Whole-Time Director on 25 Nov 2024. Vivek Karnavat was appointed as Director on 25 Nov 2024. Lalit Rai was appointed as Director on 19 Feb 2024. Shree Refrigerations has 10 board changes on record in total.
Yes, Shree Refrigerations is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-30-0003507).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages