Shree Refrigerations Ltd
Incorporated in 2006, Shree Refrigerations
Ltd is a defence-focused manufacturer of advanced refrigeration and HVAC systems.[1]
- Market Cap ₹ 625 Cr.
- Current Price ₹ 175
- High / Low ₹ 178 / 162
- Stock P/E 56.5
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 24.3 %
- ROE 23.8 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%
Cons
- Company has high debtors of 289 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 13 | 10 | 45 | 51 | 80 | |
| 14 | 8 | 33 | 38 | 56 | |
| Operating Profit | -1 | 3 | 12 | 12 | 24 |
| OPM % | -9% | 26% | 26% | 25% | 30% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 3 | 2 | 4 | 4 | 4 |
| Depreciation | 1 | 0 | 4 | 4 | 4 |
| Profit before tax | -4 | 0 | 5 | 5 | 17 |
| Tax % | -24% | 80% | 26% | 35% | 36% |
| -3 | 0 | 3 | 3 | 11 | |
| EPS in Rs | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 97% |
| TTM: | 59% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 469% |
| TTM: | 261% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 4 | 5 |
| Reserves | -0 | -0 | 3 | 24 | 60 |
| 19 | 36 | 50 | 49 | 34 | |
| 8 | 14 | 24 | 17 | 26 | |
| Total Liabilities | 30 | 53 | 80 | 94 | 125 |
| 4 | 3 | 4 | 10 | 11 | |
| CWIP | 1 | 1 | 1 | 0 | 0 |
| Investments | 2 | 2 | 2 | 5 | 2 |
| 24 | 46 | 73 | 79 | 112 | |
| Total Assets | 30 | 53 | 80 | 94 | 125 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -9 | -5 | -6 | -5 | ||
| -6 | -6 | -8 | -3 | ||
| 15 | 11 | 15 | 6 | ||
| Net Cash Flow | -0 | -0 | 2 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 160 | 95 | 172 | 228 | 289 |
| Inventory Days | 414 | 2,821 | 429 | 464 | 294 |
| Days Payable | 147 | 809 | 186 | 158 | 112 |
| Cash Conversion Cycle | 427 | 2,106 | 415 | 534 | 470 |
| Working Capital Days | -58 | 615 | 158 | 207 | 224 |
| ROCE % | 8% | 18% | 14% | 24% |
Business Overview:[1]
SRL is engaged in the manufacturing
of chillers, refrigeration and air-conditioning appliances, and components associated with
the Heating, Ventilation, and Air Conditioning (HVAC) industry. The company offers a range
of advanced systems and equipment catering primarily to the domestic industrial market.