ICE Make Refrigeration Share Price

₹ 651.00

-₹1.90 (-0.29%)
1D
Last updated 03 Nov, 2026, 15:29 IST
NSE: ICEMAKE
|
Electronics

ICE Make Refrigeration Share Price Today

As of 4 Nov 2026, ICE Make Refrigeration share price is ₹651.00. The stock opened at ₹652.90, compared to its previous close of ₹652.90. During today's trading session, ICE Make Refrigeration share price moved in the range of ₹651.00 to ₹651.00, with an average price of ₹651.00 for the day. Looking at its last 52-week, the stock has touched a low of ₹602.00 and a high of ₹920.00. On the performance front, ICE Make Refrigeration share price has declined by 18.15% over the last six months and is down 8.26% on a year-on-year basis.

Share price over the last 1 day rose from 640.55 to 651.00, ranging between 636.05 and 659.90.
₹651.00
0.29% down today
₹651.00
1D LOW
1D HIGH

ICE Make Refrigeration Stock Insights

Latest Earning
Op Profit TrendDown by 116.45% QoQ
Latest Earning
Net Profit TrendDown by 116.30% QoQ
Latest Earning
Revenue TrendUp by 39.24% YoY
Stock Performance
UnderperformingUnderperforming Nifty by 1.14 % in last 1 yr
Shareholding Pattern
PromoterPromoter decreased stake by 13.05%
Shareholding Pattern
DIIDII decreased stake by 82.24%
Shareholding Pattern
FIIFII decreased stake by 89.11%
ICE Make Refrigeration stock performance
Open₹652.90
High₹651.00
Low₹651.00
Prev. close₹652.90
ICE Make Refrigeration trading activity
Volume5
Average traded price--
Last traded time03:29:57 03 Nov
Last traded quantity2
Circuit
L
H
₹522.35
₹783.45
52-week
L
H
₹602.00
₹920.00
Mkt Cap Cr
1,167.23
P/E
99.22
P/B
3.67
ROA
2.37%
ROE
9.17%
ROCE
9.9%
Quick Ratio
0.65
EV/EBITDA
29.56

Based on fundamentals, this stock's

Performance: 5 out of 5, Excellent
Performance
Excellent
ICE Make Refrig. outperforming all market indices
Valuation: 1 out of 5, Overvalued
Valuation
Overvalued
ICE Make Refrig. appears overvalued compared to its peers
Earnings: 2 out of 5, Poor
Earnings
Poor
ICE Make Refrig. earnings have been degrowing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
Lakshmi Machines17,503.5688.035.944.18%6.75%8.63%1.840.25
BONFIGLIOLI TRANS LIMITED—0.00.023.55%25.66%35.27%1.790.0
Skipper5,979.1525.83.265.3%12.64%18.23%0.8410.96
TRIVENI POWER TRANS LTD4,886.79-9330.0240.5512.93%25.21%33.11%6.4836.39
Tempsens Instruments (India) Ltd4,071.7560.487.489.79%11.72%15.78%1.5233.5
Uniparts India3,152.4718.693.8814.38%18.19%21.06%1.5511.24
THEJO ENGINEERING LIMITED2,099.3238.655.929.9%13.9%18.07%2.121.92
TAAL TECH LTD.1,550.7721.655.5123.05%23.14%30.36%9.4914.97
EMKAY TOOLS LIMITED1,216.5320.728.6741.87%41.87%56.59%1.6511.36
PATIL AUTOMATION LIMITED692.3714.451.8610.92%13.77%16.63%1.018.51

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

ICE Make Refrigeration Company Background

ISIN
INE520Y01019
Sector Market Cap
₹ 1,167.23 Cr

Ice Make Refrigeration Limited is an India-based commercial & industrial refrigeration equipment manufacturer. It is engaged in the business of providing customized cooling solutions to various clients across a wide range of industries by manufacturing and supplying refrigeration products and equipment. Its product categories include cold storage, commercial refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration. Its cold storage products include cold rooms, cold room polyurethane foam panels and accessories, cold room refrigeration unit, solar cold room, blast chiller and freezer, glass door display chiller, and ripening chamber. Its commercial refrigeration products include an ice cream plant, bulk milk chiller, ice candy production machine, ice cream hardener, and vacuum freeze dryer. It operates under the brand name, Ice Make, as well as under the brand names of Bharat and TransFreez through its subsidiary Bharat Refrigerations Private Limited.

ICE Make Refrigeration Financial Highlights

  • Revenue: ICE Make Refrigeration reported revenue of ₹668.92 crore in FY26 vs ₹480.42 crore in FY25. It showed an increase of 39.24% on a yearly basis.
  • Operating Profit: ICE Make Refrigeration reported an operating profit of ₹16.39 crore in FY26 vs ₹31.02 crore in FY25. It showed a decrease of 47.16% on a year-on-year basis.
  • Net Profit: ICE Make Refrigeration reported a net profit of ₹12.13 crore in FY26 vs ₹22.90 crore in FY25. It showed a decrease of 47.03% on a yearly basis.

ICE Make Refrigeration Quarterly Result Highlights

  • ICE Make Refrigeration reported revenue of ₹178.99 crore in Jun 2026, compared with ₹256.23 crore in Mar 2026, representing a decrease of 30.14% on a quarter-on-quarter (QoQ) basis.
  • ICE Make Refrigeration reported an operating loss of ₹2.23 crore in Jun 2026, compared with ₹13.56 crore in Mar 2026, representing a decrease of 116.45% on a quarter-on-quarter (QoQ) basis.
  • ICE Make Refrigeration reported a loss of ₹1.65 crore in Jun 2026, compared with ₹10.12 crore in Mar 2026, reflecting a decrease of 116.30% on a QoQ basis.
  • The earnings per share (EPS) of ICE Make Refrigeration stood at ₹7.73 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Promoters
64.52%
FII
0.03%
Other DII
0.25%
Retail and other
35.20%
Mutual funds
0.00%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 20250.11%
Mar 20260.23%
Jun 20260.31%
Sep 20260.03%

ICE Make Refrigeration Investment Returns

1 day
+1.51%
1 week
+1.92%
1 month
+4.69%
1 year
-8.26%
3 years
+0.16%
5 years
+834.05%

ICE Make Refrigeration Share Price History

ICE Make Refrigeration share price history by day, showing open and close prices and the percentage change
Day
Open / Close
Change %
03 Nov 26
₹640.55 / ₹652.90
+1.51%
02 Nov 26
₹652.65 / ₹643.20
-1.49%
30 Oct 26
₹655.70 / ₹652.95
-1.42%
29 Oct 26
₹633.90 / ₹662.35
+3.65%
Show more

ICE Make Refrigeration Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹668.20₹479.52₹378.38₹312.21
Other Income₹0.72₹0.90₹0.62₹1.12
Total Revenue₹668.92₹480.42₹379.00₹313.33
Total Expenses₹652.53₹449.40₹343.80₹285.25
Profit Before Tax₹16.39₹31.02₹35.20₹28.08
Tax₹4.26₹8.11₹9.06₹7.28
Profit After Tax₹12.13₹22.90₹26.14₹20.80
EPS - Basic₹7.73₹14.65₹16.64₹13.19
EPS - Diluted₹7.73₹14.65₹16.64₹13.19

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹16.39₹31.02₹35.20₹28.08
Income before WC changes₹46.53₹43.09₹40.73₹33.54
Change in Assets-₹104.90-₹83.36-₹28.42-₹22.39
Change in Liabilities₹54.84₹78.97₹6.81₹19.92
Change in WC-₹50.06-₹4.39-₹21.60-₹2.47
Cash flow from Operations-₹10.57₹29.97₹10.38₹24.35
Cash flow from Investing-₹40.45-₹83.35-₹23.30-₹14.29
Cash flow from Financing₹52.42₹48.67₹16.72-₹9.27
Total Cash Flow₹1.40-₹4.70₹3.80₹0.79
Cash (Start of the year)₹0.38₹5.08₹1.28₹0.49
Cash (End of the year)₹1.77₹0.38₹5.08₹1.28

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹170.32₹145.91₹71.25₹35.13
Current Assets₹333.27₹221.81₹140.13₹123.89
Total Assets₹503.60₹367.72₹211.38₹159.02
Current Liabilities₹284.33₹189.78₹81.30₹72.82
Net Current Asset₹48.94₹32.03₹58.83₹51.08
Non-Current Liabilities₹86.66₹54.24₹26.00₹5.08
Equity Capital₹132.61₹123.71₹104.08₹81.13
Total Equity & Liabilities₹503.60₹367.72₹211.38₹159.02

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹667.35₹471.79₹369.60₹302.69
Other Income₹1.06₹1.43₹0.98₹1.55
Total Revenue₹668.41₹473.22₹370.58₹304.24
Total Expenses₹653.70₹441.80₹334.74₹275.83
Profit Before Tax₹14.70₹31.42₹35.84₹28.40
Tax₹3.81₹8.20₹9.23₹7.35
Profit After Tax₹10.89₹23.22₹26.62₹21.05
EPS - Basic₹6.90₹14.72₹16.87₹13.35
EPS - Diluted₹6.90₹14.72₹16.87₹13.35

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹14.70₹31.42₹35.84₹28.40
Income before WC changes₹43.61₹42.24₹40.19₹32.68
Change in Assets-₹105.05-₹81.27-₹28.38-₹23.56
Change in Liabilities₹54.93₹78.11₹6.90₹19.88
Change in WC-₹50.12-₹3.16-₹21.48-₹3.68
Cash flow from Operations-₹13.54₹30.39₹9.94₹22.30
Cash flow from Investing-₹39.39-₹83.82-₹22.33-₹13.14
Cash flow from Financing₹53.90₹48.88₹16.07-₹8.43
Total Cash Flow₹0.97-₹4.56₹3.67₹0.73
Cash (Start of the year)₹0.06₹4.62₹0.95₹0.22
Cash (End of the year)₹1.03₹0.06₹4.62₹0.95

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹174.62₹150.06₹73.62₹38.76
Current Assets₹326.45₹215.12₹135.68₹119.32
Total Assets₹501.07₹365.18₹209.30₹158.08
Current Liabilities₹280.37₹185.80₹78.06₹69.54
Net Current Asset₹46.08₹29.33₹57.62₹49.78
Non-Current Liabilities₹84.64₹50.99₹22.80₹3.53
Equity Capital₹136.05₹128.40₹108.45₹85.01
Total Equity & Liabilities₹501.07₹365.18₹209.30₹158.08
* All values are in INR Crore
ICE Make Refrigeration market depth
Bid quantityBid priceAsk priceAsk quantity
19652.9649.55
100640.165870
25636.3664.55
100635.166650
0000
Total bid quantity244
Total ask quantity130
ICE Make Refrigeration technical summary
Bearish indicators2
Neutral indicators6
Bullish indicators0
OverallSlightly Bearish
by SEBI experts

Expert Pick

EXPPICK
Stop-loss
Stop-loss is locked. Sign in to view.
Entry price
Entry price is locked. Sign in to view.
Target
Target is locked. Sign in to view.
Indicator
Value
Verdict
RSI (14)
44.28
Neutral
ATR (14)
26.06
Neutral
STOCH(9,6)
38.01
Neutral
STOCH RSI (14)
61.9
Neutral
ADX(9)
23.2
Bearish
UO(9)
54.69
Neutral
ROC(12)
-3.48
Bearish
WillR(14)
-61.99
Neutral
Period
Simple value
Exponential vaue
5D
647.63
646.43
10D
639.39
646.16
20D
650.16
652.2
50D
683.21
682.82
100D
738
718.13
Volume trend — traded volume by day
3 Nov0L
2 Nov0L
30 Oct0L
29 Oct0L
28 Oct0L
Average0L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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ICE Make Refrigeration Share Price FAQs

Please be aware that ICE Make Refrigeration stock prices are subject to continuous fluctuations due to various factors.