Ice Make Refrigeration
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Ice Make Refrigeration

753.10
-14.95
(-1.95%)
Market Cap
1,188.37 Cr
PE Ratio
99.88
Volume
43,115.00
Day High - Low
775.10 - 750.50
52W High-Low
920.00 - 660.30
ann
Q3 Quarterly Results are out. Check out the updated financials3 days ago
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Key Fundamentals
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Market Cap
1,188.37 Cr
EPS
7.73
PE Ratio
99.88
PB Ratio
9.11
Book Value
84.28
EBITDA
45.32
Dividend Yield
0.29 %
Return on Equity
18.52
Debt to Equity
0.50
Forecast For
Actual

Company News

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neutral
Ice Make Refrigeration Limited has released the audio recording of its Q4FY26 investors' conference call. The recording is now available on the company's website.
neutral
Ice Make Refrigeration Q4 Revenue Surges 42% YoY7 days ago
Ice Make Refrigeration reports Q4 revenue of 2.55B rupees vs 1.8B YoY, while net profit dips to 101M rupees from 117M. EBITDA margin contracts to 8.35% from 11.85%.
neutral
Ice Make Refrigeration has appointed Mr. M. Srinivas Reddy as its new Chief Executive Officer, with his tenure set to begin on November 14, 2025. This leadership change will affect the company's strategic direction and operations as it transitions to new management.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
3,501.90
#1 41,251.71
113.17
4,220.81
35.16
355
#1 207.45
87.82
34,700.00
30,680.08
58.15
4,681.90
7.10
#1 508
14.15
61.77
1,226.80
23,656.44
68.16
#1 4,819.06
25.62
343
66.95
78.67
3,121.80
20,926.88
58.79
3,626.35
28.20
363
-21.51
37.04
15,679.00
16,749.88
128.93
3,207.42
2.25
131
33.26
61.55
634.30
14,425.45
40.46
2,093.13
14.24
344
-16.88
39.45
1,847.70
13,881.34
98.58
1,691.94
0.60
109
-58.10
68.64
531.35
11,923.49
#1 33.35
2,366.05
3.46
341
-95.90
58.86
72.69
10,162.66
52.81
1,301.14
#1 49.57
163
137.24
62.05
10,544.00
7,160.90
219.11
1,621.34
13.65
32
-21.74
45.91
Growth Rate
Revenue Growth
39.09 %
Net Income Growth
-47.95 %
Cash Flow Change
188.73 %
ROE
-26.24 %
ROCE
-31.14 %
EBITDA Margin (Avg.)
-25.00 %

Quarterly Financial Results

Quarterly Financials
Jun 2017
Sept 2017
Sept 2018
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Revenue
23
17
34
32
26
38
43
17
31
34
54
33
48
49
77
65
67
67
114
79
77
83
140
85
104
111
181
112
148
154
256
Expenses
20
16
32
30
24
35
36
17
27
32
49
33
45
46
68
60
60
59
101
71
69
78
119
79
95
104
159
107
138
143
235
EBITDA
3
2
2
2
2
3
7
0
4
2
6
0
3
3
9
5
8
8
13
8
8
4
21
6
9
7
22
5
10
10
22
Operating Profit %
13 %
11 %
6 %
7 %
7 %
8 %
16 %
-0 %
12 %
6 %
9 %
-0 %
6 %
6 %
11 %
8 %
11 %
11 %
11 %
10 %
10 %
5 %
15 %
7 %
8 %
6 %
12 %
4 %
7 %
6 %
8 %
Depreciation
0
0
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
2
4
4
4
4
5
Interest
0
1
-0
0
1
1
1
1
1
1
0
0
0
1
1
0
0
1
0
0
1
1
1
0
1
1
2
2
3
4
4
Profit Before Tax
2
1
2
1
0
1
5
-2
2
1
4
-1
2
2
7
4
6
6
12
7
6
3
19
5
7
4
16
-2
3
2
14
Tax
1
0
0
0
-0
0
1
-0
0
0
1
-0
0
0
2
1
2
2
3
2
2
1
5
1
2
1
4
-0
1
0
3
Net Profit
1
1
1
0
0
1
4
-1
2
0
3
-1
1
1
6
3
5
4
9
5
5
2
14
4
5
3
12
-2
2
2
10
EPS in ₹
1.22
0.41
0.78
0.23
0.12
0.61
2.26
-0.87
1.17
0.10
1.90
-0.53
0.85
0.81
3.53
1.96
2.94
2.81
5.48
3.40
2.85
1.28
9.06
2.35
3.05
1.82
7.42
-0.90
1.28
0.93
6.41

Balance Sheet

Balance Sheet
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
55
82
83
101
108
125
159
211
368
504
Fixed Assets
11
13
23
30
30
32
32
50
133
164
Current Assets
44
67
59
70
73
90
124
140
222
333
Capital Work in Progress
0
1
0
0
1
0
0
12
6
25
Investments
0
0
0
0
0
0
5
0
0
148
Other Assets
44
68
60
71
77
93
122
149
229
0
Total Equity & Liabilities
55
82
83
101
108
125
159
211
368
504
Current Liabilities
34
35
31
44
46
58
73
81
190
284
Non Current Liabilities
6
2
1
4
5
6
5
26
54
87
Total Equity
16
45
50
54
56
62
81
104
124
133
Reserve & Surplus
8
29
34
38
41
46
65
88
108
117
Share Capital
7
16
16
16
16
16
16
16
16
16

Cash Flow

Cash Flow
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
3
11
-13
-2
-0
0
1
4
-5
Investing Activities
-4
-4
-12
-7
-3
-5
-14
-23
-83
Operating Activities
8
-2
8
-1
12
8
24
10
30
Financing Activities
-0
16
-10
6
-9
-3
-9
17
49

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Promoter
74.96 %
74.96 %
74.82 %
74.86 %
74.86 %
74.51 %
74.49 %
74.49 %
74.49 %
74.49 %
74.49 %
74.49 %
74.49 %
74.49 %
74.49 %
74.49 %
74.41 %
74.40 %
74.36 %
74.26 %
74.20 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.11 %
0.22 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
1.99 %
1.64 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
19.76 %
20.16 %
21.46 %
21.31 %
22.61 %
23.69 %
22.80 %
23.56 %
23.56 %
23.29 %
22.92 %
22.93 %
22.88 %
22.56 %
22.87 %
22.11 %
21.54 %
21.49 %
21.46 %
20.79 %
21.16 %
Others
5.28 %
4.88 %
3.71 %
3.83 %
2.53 %
1.80 %
2.71 %
1.95 %
1.95 %
2.22 %
2.59 %
2.58 %
2.63 %
2.95 %
2.64 %
3.40 %
4.04 %
4.11 %
4.18 %
2.84 %
2.78 %
No of Share Holders
2,853
3,437
3,990
4,401
4,338
3,907
5,596
8,462
10,042
11,566
14,481
19,285
22,668
23,225
24,543
24,776
24,632
25,656
25,194
24,249
25,551

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.00 1 1.2 1.2 1.2 1.2 1.8 2 2.25 0.00
Dividend Yield (%) 0.00 1.25 3.61 1.8 1.24 0.47 0.38 0.22 0.34 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
19 Sept 2021 DIVIDEND Dividend
1.20 /share
16 Sept 2021 84.80 75.65
11 Sept 2022 DIVIDEND Dividend
1.20 /share
08 Sept 2022 105.15 234.25
17 Sept 2023 DIVIDEND Dividend
1.80 /share
15 Sept 2023 334.10 502.35
22 Sept 2024 DIVIDEND Dividend
2.00 /share
20 Sept 2024 538.30 653.70
28 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
28 Sept 2024 882.35 717.60
14 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Nov 2024 782.45 848.80
08 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 Feb 2025 683.20 723.10
17 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
17 May 2025 799.75 901.40
07 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Aug 2025 775.85 758.95
20 Sept 2025 DIVIDEND Dividend
2.25 /share
19 Sept 2025 901.40 760.15
11 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Nov 2025 711.25 678.75
14 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
14 Feb 2026 733.55 724.35
29 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 May 2026 793.55 877.45

Technical Indicators

RSI(14)
Neutral
44.98
ATR(14)
Volatile
38.47
STOCH(9,6)
Neutral
36.14
STOCH RSI(14)
Neutral
22.55
MACD(12,26)
Bearish
-3.12
ADX(14)
Weak Trend
13.17
UO(9)
Bearish
42.90
ROC(12)
Uptrend And Accelerating
2.29
WillR(14)
Oversold
-80.93