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Ice Make Refrigeration NSEI:ICEMAKE Stock Report

Last Price

₹653.70

Market Cap

₹10.3b

7D

-4.1%

1Y

28.5%

Updated

21 Sep, 2024

Data

Company Financials

Ice Make Refrigeration Limited

NSEI:ICEMAKE Stock Report

Market Cap: ₹10.3b

ICEMAKE Stock Overview

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

ICEMAKE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends2/6

Ice Make Refrigeration Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ice Make Refrigeration
Historical stock prices
Current Share Price₹653.70
52 Week High₹959.95
52 Week Low₹434.05
Beta0.19
11 Month Change-10.20%
3 Month Change-21.23%
1 Year Change28.45%
33 Year Change778.04%
5 Year Change1,017.44%
Change since IPO855.70%

Recent News & Updates

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

Recent updates

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
7D-4.1%-0.3%0.4%
1Y28.5%53.2%43.9%

Return vs Industry: ICEMAKE underperformed the Indian Machinery industry which returned 53.2% over the past year.

Return vs Market: ICEMAKE underperformed the Indian Market which returned 43.9% over the past year.

Price Volatility

Is ICEMAKE's price volatile compared to industry and market?
ICEMAKE volatility
ICEMAKE Average Weekly Movement7.7%
Machinery Industry Average Movement6.2%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.4%
10% least volatile stocks in IN Market3.8%

Stable Share Price: ICEMAKE's share price has been volatile over the past 3 months.

Volatility Over Time: ICEMAKE's weekly volatility (8%) 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₹10.32b
Earnings (TTM)₹246.04m
Revenue (TTM)₹3.84b

41.9x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICEMAKE income statement (TTM)
Revenue₹3.84b
Cost of Revenue₹2.65b
Gross Profit₹1.20b
Other Expenses₹953.45m
Earnings₹246.04m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.59
Gross Margin31.20%
Net Profit Margin6.40%
Debt/Equity Ratio26.2%

How did ICEMAKE perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

12%

Payout Ratio