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ICE Make Refrigeration Share Price

NSE: ICEMAKE
|
Electronics
₹ 782.05
-₹8.75 (-1.11%)
1D
Last updated 03 Jul, 2026, 15:29 IST

ICE Make Refrigeration Share Price Today

As of 5 Jul 2026, ICE Make Refrigeration share price is ₹782.05. The stock opened at ₹795.55, compared to its previous close of ₹790.80. During today's trading session, ICE Make Refrigeration share price moved in the range of ₹777.25 to ₹800.00, with an average price of ₹788.63 for the day. Looking at its last 52-week, the stock has touched a low of ₹660.30 and a high of ₹920.00. On the performance front, ICE Make Refrigeration share price has declined by 3.13% over the last six months and is up 0.15% on a year-on-year basis.


₹777.25
1.11% down today
₹800.00
1D LOW
1D HIGH

ICE Make Refrigeration Returns Calculator

Open
₹795.55
High
₹800.00
Low
₹777.25
Prev. close
₹790.80

Circuit
L
H
₹625.80
₹938.60
52-week
L
H
₹660.30
₹920.00

ICE Make Refrigeration Shareholder Returns

ICE Make Refrigeration Share Price History

Mkt Cap Cr
1,247.86

P/E
102.83

P/B
9.38

ROE
9.17%

D/E
1.15

ROCE
9.90%

Div. Yield
0.28%

EPS(TTM)
6.90
Turnover
3.02

EV/EBITDA
30.55

Net Margin
0.00%

Op. Margin
0.00%

ROA
2.41%

Quick Ratio
0.00

Curr. Ratio
1.57
Based on fundamentals, this stock's
Step 1 of 5
Performance
Very Poor
ICE Make Refrig. has not beaten FD return of 7%
Step 3 of 5
Valuation
Fairly Valued
ICE Make Refrig. appears to be fairly valued compared to its peers
Step 4 of 5
Earnings
Good
ICE Make Refrig. revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROED/EROCEBook ValueDiv. YieldTurnoverEPS(TTM)
Lakshmi Machines16,889.5097.584.454.05%0.005.24%4.290.29%0.96144.08
KRN HEAT EXCHANGE N REF L8,009.83104.768.6713.32%0.1613.64%140.040.00%1.1911.47
OMNITECH ENGINEERING LTD6,609.3383.259.7211.68%0.6313.22%50.580.00%0.637.24
Skipper6,394.5130.014.2914.29%0.6419.39%130.630.02%2.5218.36
The Anup Engineering4,561.4741.326.6015.98%0.1518.48%342.870.53%1.0753.80
Uniparts India2,966.8118.743.4118.19%0.1621.06%121.971.07%1.2233.28
THEJO ENGINEERING LIMITED2,055.3842.085.8013.90%0.0918.07%291.810.26%1.4950.84
EMKAY TOOLS LIMITED1,109.8218.907.9141.87%0.0056.59%131.420.00%1.0355.02
PATIL AUTOMATION LIMITED454.7528.713.3311.60%0.1414.61%62.600.00%1.087.71
SINGER INDIA LIMITED92.6611.661.4412.91%0.0317.91%28.650.58%3.052.07

ICE Make Refrigeration Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Revenue₹479.52₹378.38₹312.21₹206.10
Other Income₹0.90₹0.62₹1.12₹0.71
Total Revenue₹480.42₹379.00₹313.33₹206.80
Total Expenses₹449.40₹343.80₹285.25₹196.98
Profit Before Tax₹31.02₹35.20₹28.08₹9.82
Tax₹8.11₹9.06₹7.28₹2.50
Profit After Tax₹22.90₹26.14₹20.80₹7.32
EPS - Basic₹14.65₹16.64₹13.19₹4.66
EPS - Diluted₹14.65₹16.64₹13.19₹4.65

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Profit before tax₹31.02₹35.20₹28.08₹9.82
Income before WC changes₹43.09₹40.73₹33.54₹15.08
Change in Assets-₹83.36-₹28.42-₹22.39-₹15.31
Change in Liabilities₹78.97₹6.81₹19.92₹10.96
Change in WC-₹4.39-₹21.60-₹2.47-₹4.34
Cash flow from Operations₹29.97₹10.38₹24.35₹8.31
Cash flow from Investing-₹83.35-₹23.30-₹14.29-₹4.82
Cash flow from Financing₹48.67₹16.72-₹9.27-₹3.42
Total Cash Flow-₹4.70₹3.80₹0.79₹0.07
Cash (Start of the year)₹5.08₹1.28₹0.49₹0.42
Cash (End of the year)₹0.38₹5.08₹1.28₹0.49

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Non-Current Assets₹145.91₹71.25₹35.13₹34.73
Current Assets₹221.81₹140.13₹123.89₹90.32
Total Assets₹367.72₹211.38₹159.02₹125.05
Current Liabilities₹189.78₹81.30₹72.82₹57.79
Net Current Asset₹32.03₹58.83₹51.08₹32.53
Non-Current Liabilities₹54.24₹26.00₹5.08₹5.58
Equity Capital₹123.71₹104.08₹81.13₹61.68
Total Equity & Liabilities₹367.72₹211.38₹159.02₹125.05

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Revenue₹471.79₹369.60₹302.69₹200.17
Other Income₹1.43₹0.98₹1.55₹1.03
Total Revenue₹473.22₹370.58₹304.24₹201.19
Total Expenses₹441.80₹334.74₹275.83₹190.31
Profit Before Tax₹31.42₹35.84₹28.40₹10.88
Tax₹8.20₹9.23₹7.35₹2.78
Profit After Tax₹23.22₹26.62₹21.05₹8.10
EPS - Basic₹14.72₹16.87₹13.35₹5.16
EPS - Diluted₹14.72₹16.87₹13.35₹5.14

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Profit before tax₹31.42₹35.84₹28.40₹10.88
Income before WC changes₹42.24₹40.19₹32.68₹15.00
Change in Assets-₹81.27-₹28.38-₹23.56-₹13.03
Change in Liabilities₹78.11₹6.90₹19.88₹9.13
Change in WC-₹3.16-₹21.48-₹3.68-₹3.90
Cash flow from Operations₹30.39₹9.94₹22.30₹8.69
Cash flow from Investing-₹83.83-₹22.33-₹13.14-₹5.27
Cash flow from Financing₹48.88₹16.07-₹8.43-₹3.36
Total Cash Flow-₹4.56₹3.67₹0.73₹0.06
Cash (Start of the year)₹4.62₹0.95₹0.22₹0.16
Cash (End of the year)₹0.06₹4.62₹0.95₹0.22

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Non-Current Assets₹150.06₹73.62₹38.76₹38.65
Current Assets₹215.12₹135.68₹119.32₹84.42
Total Assets₹365.18₹209.30₹158.08₹123.07
Current Liabilities₹185.80₹78.06₹69.54₹54.26
Net Current Asset₹29.33₹57.62₹49.78₹30.17
Non-Current Liabilities₹50.99₹22.80₹3.53₹3.49
Equity Capital₹128.40₹108.45₹85.01₹65.32
Total Equity & Liabilities₹365.18₹209.30₹158.08₹123.07
* All values are in INR Crore
Qty
Bid
0
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0
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Ask
Qty
0
0
0
0
0
0
0
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Bid Total: 0
Ask Total: 0
Buy orders: 0%
Sell orders: 0%
Bearish
0
Neutral
6
Bullish
2
Slightly Bullish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict

RSI (14)
51.67
Neutral

ATR (14)
24.09
Neutral

STOCH(9,6)
37.53
Neutral

STOCH RSI (14)
64.48
Neutral

ADX(9)
17.83
Bullish

UO(9)
41.25
Neutral

ROC(12)
2.66
Bullish

WillR(14)
-53.15
Neutral
Period
Simple value
Exponential vaue

5D
785.15
784.53

10D
777.68
779.92

20D
768.73
777.27

50D
782.46
777.84

100D
780.14
773.39

About ICE Make Refrigeration

ICE Make Refrigeration logo
ISIN
INE520Y01019
Sector Market Cap
₹ 1,247.86 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 ₹256.23 crore in Mar 2026, compared with ₹153.49 crore in Dec 2025, representing an increase of 66.94% on a quarter-on-quarter (QoQ) basis.
  • ICE Make Refrigeration reported an operating profit of ₹13.56 crore in Mar 2026, compared with ₹1.90 crore in Dec 2025, representing an increase of 613.68% on a quarter-on-quarter (QoQ) basis.
  • ICE Make Refrigeration reported a profit of ₹10.12 crore in Mar 2026, compared with ₹1.45 crore in Dec 2025, reflecting an increase of 597.93% on a QoQ basis.
  • The earnings per share (EPS) of ICE Make Refrigeration stood at ₹14.65 during Mar 2026.
Know more
Promoters
74.20%
FII
0.23%
Other DII
1.64%
Retail and other
23.94%
Mutual funds
0.00%
Foreign institutions - FII
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