Ice Make Refrigeration (ICEMAKE) Stock Overview
Manufactures refrigeration products and equipment in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
ICEMAKE Community Fair Values
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Ice Make Refrigeration Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹732.65 |
| 52 Week High | ₹1,088.75 |
| 52 Week Low | ₹575.15 |
| Beta | -0.54 |
| 1 Month Change | -6.14% |
| 3 Month Change | -13.22% |
| 1 Year Change | 5.65% |
| 3 Year Change | 212.76% |
| 5 Year Change | 1,233.30% |
| Change since IPO | 971.13% |
Recent News & Updates
Recent updates
Earnings Troubles May Signal Larger Issues for Ice Make Refrigeration (NSE:ICEMAKE) Shareholders
May 26
Why The 23% Return On Capital At Ice Make Refrigeration (NSE:ICEMAKE) Should Have Your Attention
Apr 22After Leaping 26% Ice Make Refrigeration Limited (NSE:ICEMAKE) Shares Are Not Flying Under The Radar
Mar 18Does Ice Make Refrigeration (NSE:ICEMAKE) Have A Healthy Balance Sheet?
Mar 09Shareholders Would Enjoy A Repeat Of Ice Make Refrigeration's (NSE:ICEMAKE) Recent Growth In Returns
Nov 04Investors Still Waiting For A Pull Back In Ice Make Refrigeration Limited (NSE:ICEMAKE)
Oct 11Ice Make Refrigeration (NSE:ICEMAKE) Has Announced That It Will Be Increasing Its Dividend To ₹2.00
Sep 17Ice Make Refrigeration (NSE:ICEMAKE) Is Increasing Its Dividend To ₹2.00
Aug 11Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?
Jul 27Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Weaker Than They Seem
Jun 06Ice Make Refrigeration Limited (NSE:ICEMAKE) Stocks Shoot Up 25% But Its P/E Still Looks Reasonable
May 30Investors Should Be Encouraged By Ice Make Refrigeration's (NSE:ICEMAKE) Returns On Capital
May 21Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Might Deserve Your Attention Today
Mar 23Ice Make Refrigeration's (NSE:ICEMAKE) Earnings Are Of Questionable Quality
Nov 16Here's Why We Think Ice Make Refrigeration (NSE:ICEMAKE) Is Well Worth Watching
Oct 06Ice Make Refrigeration (NSE:ICEMAKE) Is Achieving High Returns On Its Capital
Jul 19Does Ice Make Refrigeration (NSE:ICEMAKE) Deserve A Spot On Your Watchlist?
Dec 23Ice Make Refrigeration (NSE:ICEMAKE) Is Paying Out A Dividend Of ₹1.20
Aug 27Ice Make Refrigeration's (NSE:ICEMAKE) Dividend Will Be ₹1.20
Jul 28A Look At The Fair Value Of Ice Make Refrigeration Limited (NSE:ICEMAKE)
Feb 24These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively
Jan 27Ice Make Refrigeration (NSE:ICEMAKE) Has Announced A Dividend Of ₹1.20
Sep 03Read This Before Buying Ice Make Refrigeration Limited (NSE:ICEMAKE) For Its Dividend
May 03Is Ice Make Refrigeration (NSE:ICEMAKE) Using Too Much Debt?
Mar 16Does The Market Have A Low Tolerance For Ice Make Refrigeration Limited's (NSE:ICEMAKE) Mixed Fundamentals?
Feb 15Is Ice Make Refrigeration Limited (NSE:ICEMAKE) A Smart Pick For Income Investors?
Jan 20These 4 Measures Indicate That Ice Make Refrigeration (NSE:ICEMAKE) Is Using Debt Extensively
Dec 16
Shareholder Returns
| ICEMAKE | IN Machinery | IN Market | |
|---|---|---|---|
| 7D | -0.9% | 1.5% | 1.7% |
| 1Y | 5.6% | -10.2% | -6.1% |
Return vs Industry: ICEMAKE exceeded the Indian Machinery industry which returned -10.2% over the past year.
Return vs Market: ICEMAKE exceeded the Indian Market which returned -6.1% over the past year.
Price Volatility
| ICEMAKE volatility | |
|---|---|
| ICEMAKE Average Weekly Movement | 4.0% |
| Machinery Industry Average Movement | 5.5% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in IN Market | 7.9% |
| 10% least volatile stocks in IN Market | 3.3% |
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 (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 328 | Chandrakant Patel | www.icemakeindia.com |
Ice Make Refrigeration Limited, together with its subsidiaries, manufactures refrigeration products and equipment in India. The company offers cold storage, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezer and chiller, glass door display chiller, ripening chamber, PUF/PIR panel and accessories, visi coolers, and refrigeration unit. It also provides commercial refrigeration, such as commercial, merchandizing, and reach-in freezers, curd incubation and mortuary chambers, bulk milk and mini blast freezer and chillers, ice cream plant and hardener, ice candy production machine, heat pump food dehydrator, vacuum freeze dryer, batch pasteurizer, and ageing vat; and industrial refrigeration, which includes chilling plant and ice building tank.
Ice Make Refrigeration Limited Fundamentals Summary
| ICEMAKE fundamental statistics | |
|---|---|
| Market cap | ₹11.56b |
| Earnings (TTM) | ₹179.75m |
| Revenue (TTM) | ₹5.06b |
Is ICEMAKE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ICEMAKE income statement (TTM) | |
|---|---|
| Revenue | ₹5.06b |
| Cost of Revenue | ₹3.50b |
| Gross Profit | ₹1.56b |
| Other Expenses | ₹1.38b |
| Earnings | ₹179.75m |
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 11.39 |
| Gross Margin | 30.86% |
| Net Profit Margin | 3.55% |
| Debt/Equity Ratio | 69.5% |
How did ICEMAKE perform over the long term?
See historical performance and comparisonDividends
Does ICEMAKE pay a reliable dividends?
See ICEMAKE dividend history and benchmarks| Ice Make Refrigeration dividend dates | |
|---|---|
| Ex Dividend Date | Sep 19 2025 |
| Dividend Pay Date | Oct 27 2025 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 49 days |
Does ICEMAKE pay a reliable dividends?
See ICEMAKE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/06 19:11 |
| End of Day Share Price | 2025/09/05 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
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.