Ice Make Refrigeration Ltd. (IN:ICEMAKE)
:ICEMAKE
Want to see IN:ICEMAKE full AI Analyst Report?
ICEMAKE Stock Chart & Stats
₹794.00
₹9.20(1.22%)
At close: 4:00 PM EST
₹794.00
₹9.20(1.22%)
Day’s Range― - ―
52-Week Range₹660.30 - ₹1,075.00
Previous CloseN/A
Volume12.50K
Average Volume (3M)15.10K
Market Cap
₹12.81B
Enterprise Value₹14.31B
Total Cash (Recent Filing)₹44.24M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)216.7
Beta1.36
Next Earnings
Jun 03, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.28%
Share Statistics
EPS (TTM)0.93
Shares Outstanding15,779,735
10 Day Avg. Volume14,699
30 Day Avg. Volume15,095
Financial Highlights & Ratios
PEG Ratio-4.96
Price to Book (P/B)11.04
Price to Sales (P/S)2.86
P/FCF Ratio-26.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Consistent Revenue GrowthSustained ~35% revenue growth demonstrates durable demand expansion and market penetration. Over a multi-quarter horizon this supports scale economics, strengthens bargaining power with suppliers, and provides a larger base to absorb cost swings and fund strategic investments.
Improved Gross Profit MarginsMaterial improvement in gross margins reflects lasting operational efficiencies or pricing power. Higher gross margins provide a buffer for SG&A and R&D investment, enabling sustainable profit expansion even if cost pressures or raw-material volatility reappear over the medium term.
Strong Operating Cash Flow GenerationRising operating cash flow and a strong OCF-to-net-income ratio indicate core business cash-generation strength. This underpins capital allocation flexibility, supports capex and working capital needs, and reduces reliance on short-term financing if trends persist.
Bears Say
Net Profit Margin VolatilityVolatile and declining net margins signal margin squeeze beyond gross margin gains, possibly from higher operating costs, financing expense, or pricing pressure. Persistent margin instability can limit free cash flow conversion and constrain sustainable profitability over months.
Rising Leverage / Higher Debt-to-equityAn uptick in leverage reduces financial flexibility and raises interest burden risk. If leverage remains elevated, it can strain resilience to economic downturns, limit ability to fund growth internally, and increase refinancing risk over a 2–6 month horizon and beyond.
Negative Free Cash Flow From Heavy CapexPersistent negative FCF driven by large capex needs forces dependence on external funding or higher leverage. Over time this can dilute returns, constrain dividends or buybacks, and create execution risk if financing conditions tighten or capex fails to deliver expected returns.
Ice Make Refrigeration Ltd. News
ICEMAKE FAQ
What was Ice Make Refrigeration Ltd.’s price range in the past 12 months?
Ice Make Refrigeration Ltd. lowest stock price was ₹660.30 and its highest was ₹1075.00 in the past 12 months.
What is Ice Make Refrigeration Ltd.’s market cap?
Ice Make Refrigeration Ltd.’s market cap is ₹12.81B.
When is Ice Make Refrigeration Ltd.’s upcoming earnings report date?
Ice Make Refrigeration Ltd.’s upcoming earnings report date is Jun 03, 2026 which is in 34 days.
How were Ice Make Refrigeration Ltd.’s earnings last quarter?
Ice Make Refrigeration Ltd. released its earnings results on Feb 14, 2026. The company reported ₹0.934 earnings per share for the quarter, beating the consensus estimate of N/A by ₹0.934.
Is Ice Make Refrigeration Ltd. overvalued?
According to Wall Street analysts Ice Make Refrigeration Ltd.’s price is currently Overvalued.
Does Ice Make Refrigeration Ltd. pay dividends?
Ice Make Refrigeration Ltd. pays a Annually dividend of ₹2.25 which represents an annual dividend yield of 0.28%. See more information on Ice Make Refrigeration Ltd. dividends here
What is Ice Make Refrigeration Ltd.’s EPS estimate?
Ice Make Refrigeration Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Ice Make Refrigeration Ltd. have?
Ice Make Refrigeration Ltd. has 15,779,735 shares outstanding.
What happened to Ice Make Refrigeration Ltd.’s price movement after its last earnings report?
Ice Make Refrigeration Ltd. reported an EPS of ₹0.934 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.637%.
Which hedge fund is a major shareholder of Ice Make Refrigeration Ltd.?
Currently, no hedge funds are holding shares in IN:ICEMAKE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Ice Make Refrigeration Ltd.
Ice Make Refrigeration Limited manufactures and supplies 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, including hospitality, frozen, dairy, horticulture, medicare, pharmaceuticals, retail, plastic, chemical, beverages, mineral water, ice cream, bakery, and other industries. The company also exports its products. Ice Make Refrigeration Limited was founded in 1989 and is based in Gandhinagar, India.
Technical Analysis
Blue Star Limited
―
Kirloskar Brothers Ltd.
―
Kirloskar Oil Engines Limited
―
KSB Ltd.
―
Voltas Limited
―