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Ice Make Refrigeration NSEI:ICEMAKE Stock Report

Last Price

₹783.30

Market Cap

₹12.0b

7D

1.2%

1Y

24.4%

Updated

03 Jan, 2025

Data

Company Financials

Ice Make Refrigeration Limited

NSEI:ICEMAKE Stock Report

Market Cap: ₹12.0b

ICEMAKE Stock Overview

Engages in manufacture and supply of refrigeration products and equipment in India. More details

ICEMAKE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Ice Make Refrigeration Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ice Make Refrigeration
Historical stock prices
Current Share Price₹783.30
52 Week High₹983.50
52 Week Low₹434.05
Beta0.20
1 Month Change-5.56%
3 Month Change10.60%
1 Year Change24.42%
3 Year Change999.37%
5 Year Change1,300.00%
Change since IPO1,045.18%

Recent News & Updates

Recent updates

Shareholders Would Enjoy A Repeat Of Ice Make Refrigeration's (NSE:ICEMAKE) Recent Growth In Returns

Nov 04
Shareholders Would Enjoy A Repeat Of Ice Make Refrigeration's (NSE:ICEMAKE) Recent Growth In Returns

Investors Still Waiting For A Pull Back In Ice Make Refrigeration Limited (NSE:ICEMAKE)

Oct 11
Investors Still Waiting For A Pull Back In Ice Make Refrigeration Limited (NSE:ICEMAKE)

Ice Make Refrigeration (NSE:ICEMAKE) Has Announced That It Will Be Increasing Its Dividend To ₹2.00

Sep 17
Ice Make Refrigeration (NSE:ICEMAKE) Has Announced That It Will Be Increasing Its Dividend To ₹2.00

Ice Make Refrigeration (NSE:ICEMAKE) Is Increasing Its Dividend To ₹2.00

Aug 11
Ice Make Refrigeration (NSE:ICEMAKE) Is Increasing Its Dividend To ₹2.00

Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?

Jul 27
Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?

Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Weaker Than They Seem

Jun 06
Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Weaker Than They Seem

Ice Make Refrigeration Limited (NSE:ICEMAKE) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable

May 30
Ice Make Refrigeration Limited (NSE:ICEMAKE) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable

Investors Should Be Encouraged By Ice Make Refrigeration's (NSE:ICEMAKE) Returns On Capital

May 21
Investors Should Be Encouraged By Ice Make Refrigeration's (NSE:ICEMAKE) Returns On Capital

Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Might Deserve Your Attention Today

Mar 23
Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Might Deserve Your Attention Today

Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Of Questionable Quality

Nov 16
Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Of Questionable Quality

Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Is Well Worth Watching

Oct 06
Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Is Well Worth Watching

Ice Make Refrigeration (NSE:ICEMAKE) Is Achieving High Returns On Its Capital

Jul 19
Ice Make Refrigeration (NSE:ICEMAKE) Is Achieving High Returns On Its Capital

Does Ice Make Refrigeration (NSE:ICEMAKE) Deserve A Spot On Your Watchlist?

Dec 23
Does Ice Make Refrigeration (NSE:ICEMAKE) Deserve A Spot On Your Watchlist?

Ice Make Refrigeration (NSE:ICEMAKE) Is Paying Out A Dividend Of ₹1.20

Aug 27
Ice Make Refrigeration (NSE:ICEMAKE) Is Paying Out A Dividend Of ₹1.20

Ice Make Refrigeration's (NSE:ICEMAKE) Dividend Will Be ₹1.20

Jul 28
Ice Make Refrigeration's (NSE:ICEMAKE) Dividend Will Be ₹1.20

A Look At The Fair Value Of Ice Make Refrigeration Limited (NSE:ICEMAKE)

Feb 24
A Look At The Fair Value Of Ice Make Refrigeration Limited (NSE:ICEMAKE)

These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively

Jan 27
These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively

Ice Make Refrigeration (NSE:ICEMAKE) Has Announced A Dividend Of ₹1.20

Sep 03
Ice Make Refrigeration (NSE:ICEMAKE) Has Announced A Dividend Of ₹1.20

Read This Before Buying Ice Make Refrigeration Limited (NSE:ICEMAKE) For Its Dividend

May 03
Read This Before Buying Ice Make Refrigeration Limited (NSE:ICEMAKE) For Its Dividend

Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?

Mar 16
Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?

Does The Market Have A Low Tolerance For Ice Make Refrigeration Limited's (NSE:ICEMAKE) Mixed Fundamentals?

Feb 15
Does The Market Have A Low Tolerance For Ice Make Refrigeration Limited's (NSE:ICEMAKE) Mixed Fundamentals?

Is Ice Make Refrigeration Limited (NSE:ICEMAKE) A Smart Pick For Income Investors?

Jan 20
Is Ice Make Refrigeration Limited (NSE:ICEMAKE) A Smart Pick For Income Investors?

These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively

Dec 16
These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively

Shareholder Returns

ICEMAKEIN MachineryIN Market
7D1.2%1.5%1.8%
1Y24.4%31.0%18.0%

Return vs Industry: ICEMAKE underperformed the Indian Machinery industry which returned 31% over the past year.

Return vs Market: ICEMAKE exceeded the Indian Market which returned 18% over the past year.

Price Volatility

Is ICEMAKE's price volatile compared to industry and market?
ICEMAKE volatility
ICEMAKE Average Weekly Movement6.9%
Machinery Industry Average Movement6.5%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: ICEMAKE has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: ICEMAKE's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989300Chandrakant Patelwww.icemakeindia.com

Ice Make Refrigeration Limited engages in manufacture and supply of refrigeration products and equipment in India. The company offers its products under the categories of cold rooms and storage, commercial refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration products. It provides customized cooling solutions to various industries.

Ice Make Refrigeration Limited Fundamentals Summary

How do Ice Make Refrigeration's earnings and revenue compare to its market cap?
ICEMAKE fundamental statistics
Market cap₹11.98b
Earnings (TTM)₹249.04m
Revenue (TTM)₹4.11b

49.6x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICEMAKE income statement (TTM)
Revenue₹4.11b
Cost of Revenue₹2.86b
Gross Profit₹1.25b
Other Expenses₹999.73m
Earnings₹249.04m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.78
Gross Margin30.39%
Net Profit Margin6.06%
Debt/Equity Ratio70.4%

How did ICEMAKE perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

12%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 12:14
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ice Make Refrigeration Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution