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Ice Make Refrigeration NSEI:ICEMAKE Stock Report

Last Price

₹806.75

Market Cap

₹12.7b

7D

-4.0%

1Y

49.9%

Updated

27 May, 2025

Data

Company Financials

Ice Make Refrigeration Limited

NSEI:ICEMAKE Stock Report

Market Cap: ₹12.7b

ICEMAKE Stock Overview

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

ICEMAKE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends1/6

Community vs My Fair Value

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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₹806.75
52 Week High₹1,088.75
52 Week Low₹510.25
Beta-0.31
1 Month Change-19.17%
3 Month Change19.80%
1 Year Change49.87%
3 Year Change534.49%
5 Year Change2,144.09%
Change since IPO1,079.46%

Recent News & Updates

Earnings Troubles May Signal Larger Issues for Ice Make Refrigeration (NSE:ICEMAKE) Shareholders

May 26
Earnings Troubles May Signal Larger Issues for Ice Make Refrigeration (NSE:ICEMAKE) Shareholders

Why The 23% Return On Capital At Ice Make Refrigeration (NSE:ICEMAKE) Should Have Your Attention

Apr 22
Why The 23% Return On Capital At Ice Make Refrigeration (NSE:ICEMAKE) Should Have Your Attention

Recent updates

Earnings Troubles May Signal Larger Issues for Ice Make Refrigeration (NSE:ICEMAKE) Shareholders

May 26
Earnings Troubles May Signal Larger Issues for Ice Make Refrigeration (NSE:ICEMAKE) Shareholders

Why The 23% Return On Capital At Ice Make Refrigeration (NSE:ICEMAKE) Should Have Your Attention

Apr 22
Why The 23% Return On Capital At Ice Make Refrigeration (NSE:ICEMAKE) Should Have Your Attention

After Leaping 26% Ice Make Refrigeration Limited (NSE:ICEMAKE) Shares Are Not Flying Under The Radar

Mar 18
After Leaping 26% Ice Make Refrigeration Limited (NSE:ICEMAKE) Shares Are Not Flying Under The Radar

Does Ice Make Refrigeration (NSE:ICEMAKE) Have A Healthy Balance Sheet?

Mar 09
Does Ice Make Refrigeration (NSE:ICEMAKE) Have A Healthy Balance Sheet?

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
7D-4.0%0.0003%0.2%
1Y49.9%-9.6%2.8%

Return vs Industry: ICEMAKE exceeded the Indian Machinery industry which returned -9.6% over the past year.

Return vs Market: ICEMAKE exceeded the Indian Market which returned 2.8% over the past year.

Price Volatility

Is ICEMAKE's price volatile compared to industry and market?
ICEMAKE volatility
ICEMAKE Average Weekly Movement9.9%
Machinery Industry Average Movement7.4%
Market Average Movement7.0%
10% most volatile stocks in IN Market9.7%
10% least volatile stocks in IN Market4.7%

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

Volatility Over Time: ICEMAKE's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1989n/aChandrakant 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₹12.73b
Earnings (TTM)₹231.10m
Revenue (TTM)₹4.80b
55.1x
P/E Ratio
2.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ICEMAKE income statement (TTM)
Revenue₹4.80b
Cost of Revenue₹3.33b
Gross Profit₹1.47b
Other Expenses₹1.24b
Earnings₹231.10m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)14.65
Gross Margin30.66%
Net Profit Margin4.81%
Debt/Equity Ratio66.1%

How did ICEMAKE perform over the long term?

See historical performance and comparison

Dividends

0.2%
Current Dividend Yield
12%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/27 19:29
End of Day Share Price 2025/05/27 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

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.