Ice Make Refrigeration Ltd. (IN:ICEMAKE)
:ICEMAKE
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 - ₹1,088.75
Previous CloseN/A
Volume12.50K
Average Volume (3M)15.10K
Market Cap
₹11.19B
Enterprise Value₹12.84B
Total Cash (Recent Filing)₹44.24M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)216.7
Beta1.34
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
Revenue GrowthSustained ~35% revenue growth reflects expanding demand and successful market penetration in industrial refrigeration. Durable top-line expansion supports scale economies, funds reinvestment, and underpins long-term earnings potential independent of short-term market moves.
Gross Margin ImprovementSignificant improvement in gross margins signals effective cost control and operational efficiency in manufacturing. Better unit economics create a structural buffer against raw-material swings, enabling reinvestment and margin sustainability over multiple quarters.
Operating Cash GenerationRising operating cash flow indicates strong underlying cash generation from core operations. This supports working capital, debt servicing and reinvestment capacity, and shows earnings quality that can fund growth or reduce leverage over the medium term.
Bears Say
Net Profit Margin VolatilityVolatile net margins and a recent decline reduce earnings predictability and suggest exposure to input costs or pricing pressure. Persistent margin swings can impair cash available for discretionary investment and make forecasting returns and dividend capacity harder.
Rising LeverageAn increasing debt-to-equity ratio raises financial risk and interest burden, constraining strategic flexibility. Higher leverage elevates refinancing risk and can amplify earnings volatility during downturns, limiting the company's ability to invest or respond to shocks.
Negative Free Cash FlowSustained negative free cash flow from heavy capex creates reliance on external financing and pressures liquidity. If capex does not convert to higher returns, the company may face constrained shareholder returns and higher leverage over the medium term.
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 ₹1088.75 in the past 12 months.
What is Ice Make Refrigeration Ltd.’s market cap?
Ice Make Refrigeration Ltd.’s market cap is ₹11.19B.
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 59 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
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