Ice Make Refrigeration Limited

NSEI:ICEMAKE Stock Report

Market Cap: ₹14.7b

Ice Make Refrigeration Past Earnings Performance

Past criteria checks 3/6

Ice Make Refrigeration has been growing earnings at an average annual rate of 41.4%, while the Machinery industry saw earnings growing at 26.1% annually. Revenues have been growing at an average rate of 26.4% per year. Ice Make Refrigeration's return on equity is 23.5%, and it has net margins of 6.4%.

Key information

41.4%

Earnings growth rate

41.2%

EPS growth rate

Machinery Industry Growth21.0%
Revenue growth rate26.4%
Return on equity23.5%
Net Margin6.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

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

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

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

Revenue & Expenses Breakdown

How Ice Make Refrigeration makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ICEMAKE Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 243,8452462100
31 Mar 243,7842631950
31 Dec 233,5202062030
30 Sep 233,3632291900
30 Jun 233,2652311590
31 Mar 233,1222081690
31 Dec 222,7551771570
30 Sep 222,5771451550
30 Jun 222,3851121500
31 Mar 222,061731490
31 Dec 211,835481510
30 Sep 211,680371440
30 Jun 211,432251370
31 Mar 211,346361260
31 Dec 201,234481110
30 Sep 201,278561130
30 Jun 201,327571180
31 Mar 201,377511270
31 Dec 191,324391180
30 Sep 191,319551200
30 Jun 191,318651150
31 Mar 191,316751100
30 Jun 181,08365940
31 Mar 181,02866900
31 Mar 1787950730

Quality Earnings: ICEMAKE has high quality earnings.

Growing Profit Margin: ICEMAKE's current net profit margins (6.4%) are lower than last year (7.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ICEMAKE's earnings have grown significantly by 41.4% per year over the past 5 years.

Accelerating Growth: ICEMAKE's earnings growth over the past year (6.7%) is below its 5-year average (41.4% per year).

Earnings vs Industry: ICEMAKE earnings growth over the past year (6.7%) did not outperform the Machinery industry 26.3%.


Return on Equity

High ROE: ICEMAKE's Return on Equity (23.5%) is considered high.


Return on Assets


Return on Capital Employed


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