Shree Refrigerations secures ₹3.25 crore defence AC refurbishment order

Shree Refrigerations Limited has announced the award of a significant contract from Naval Dockyard Mumbai for the repair and refurbishment of a 144TR MBC AC plant, marking another key win in the company’s refrigeration and HVAC solutions portfolio. The mandate is fully domestic in nature and underscores the company’s ability to cater to demanding defence and marine environments.

As per the disclosure, the total size of the order stands at ₹3,25,50,000, with the service period running up to 15 August 2026, offering healthy revenue visibility over the execution horizon. The company has clarified that neither promoters nor promoter group entities have any interest in the awarding entity and that the contract does not qualify as a related‑party transaction, ensuring arm’s‑length transparency. For investors, the order demonstrates both technical capability and growing traction in defence‑linked opportunities.

Key highlights

Awarding entity: Naval Dockyard Mumbai

Scope: Repair and refurbishment of 144TR MBC AC plant

Order value: ₹3,25,50,000 (three crore twenty‑five lakh fifty thousand)

Nature: Domestic, non‑related‑party contract

Service end date: 15 August 2026

Sources: Shree Refrigerations Limited exchange filing; disclosure submitted to BSE.