Ice Make Refrigeration Ltd Stock Price Today (NSE: ICEMAKE)
Fundamental Score
Ice Make Refrigeration Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Ice Make Refrigeration Ltd share price today is ₹775.75, down 0.22% on NSE/BSE as of 12 June 2026. Ice Make Refrigeration Ltd (ICEMAKE) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹1.13K (Cr). The 52-week high for ICEMAKE share price is ₹N/A and the 52-week low is ₹660.30. At a P/E ratio of 74.20x, ICEMAKE is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 20.30% and a debt-to-equity ratio of 1.39.
Ice Make Refrigeration Ltd Share Price Chart — NSE/BSE Historical Performance
Ice Make Refrigeration Ltd share price chart: 8.09% return over the past month. 52-week high ₹N/A, 52-week low ₹660.30.
Ice Make Refrigeration Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹780.00 | ₹788.75 | ₹765.05 | ₹770.60 | 40.71K (Cr) | |
| ₹820.00 | ₹825.90 | ₹770.00 | ₹787.95 | 1.11L (Cr) | |
| ₹878.00 | ₹906.10 | ₹805.00 | ₹835.15 | 1.01L (Cr) | |
| ₹877.45 | ₹877.45 | ₹877.45 | ₹877.45 | 0.00 (Cr) | |
| ₹890.00 | ₹906.80 | ₹871.20 | ₹877.45 | 96.86K (Cr) | |
| ₹816.15 | ₹920.00 | ₹815.00 | ₹885.95 | 6.43L (Cr) | |
| ₹797.50 | ₹825.00 | ₹793.55 | ₹816.15 | 49.31K (Cr) | |
| ₹795.00 | ₹798.95 | ₹779.05 | ₹793.55 | 39.23K (Cr) | |
| ₹751.25 | ₹795.95 | ₹751.25 | ₹778.95 | 41.90K (Cr) | |
| ₹740.15 | ₹754.15 | ₹732.25 | ₹751.25 | 14.22K (Cr) |
Ice Make Refrigeration Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹820.00 | ₹825.90 | ₹765.05 | ₹770.60 | -6.02% | |
| ₹797.65 | ₹920.00 | ₹732.25 | ₹835.15 | +4.70% | |
| ₹698.90 | ₹0.00 | ₹0.00 | ₹797.65 | +14.13% | |
| ₹803.00 | ₹857.20 | ₹660.30 | ₹665.40 | -17.14% | |
| ₹723.60 | ₹865.00 | ₹708.10 | ₹825.45 | +14.08% | |
| ₹819.00 | ₹820.00 | ₹708.00 | ₹725.30 | -11.44% | |
| ₹706.00 | ₹842.20 | ₹676.00 | ₹809.65 | +14.68% | |
| ₹716.80 | ₹729.00 | ₹666.55 | ₹708.60 | -1.14% | |
| ₹749.45 | ₹761.30 | ₹692.60 | ₹722.10 | -3.65% | |
| ₹748.00 | ₹817.43 | ₹725.00 | ₹740.05 | -1.06% | |
| ₹810.00 | ₹812.00 | ₹702.05 | ₹739.65 | -8.69% | |
| ₹801.90 | ₹825.00 | ₹755.00 | ₹808.85 | +0.87% |
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Ice Make Refrigeration Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Ice Make Refrigeration Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of ICEMAKE across key market metrics for learning purposes.
Positive Indicators
7 factors identified
Strong Return on Equity (20.30%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (20.64%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Revenue Growth (42.65%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (28.35% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (35.48% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (35.66% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Balanced Promoter Holding (74.36%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
5 factors identified
Premium Valuation Risk (P/E: 74.20x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Profit Decline Concern (-57.88%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Elevated Debt Levels (D/E: 1.39)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Negative Free Cash Flow (₹-42.56 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 1.32%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Ice Make Refrigeration Ltd vs Industrial Products Peers
Peer Comparison - Industrial Products
Compare Ice Make Refrigeration Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
48.2/100 | ₹775.75₹776 | ₹1127.14₹1127.14 | 74.20Average 74.2 Average | 20.30%Excellent 20.30% Excellent | 20.64%Excellent 20.64% Excellent | 1.39Average 1.4 Average | 35.66%Excellent 35.66% Excellent | 28.35%Excellent 28.35% Excellent | 0.31% | |
Kaynes Technology India LtdKaynes Technolo... KAYNES • 543664 | 67.3/100 | ₹3229.60₹3230 | ₹35916.60₹35916.60 | 94.85Average 94.8 Average | 10.74%Average 10.74% Average | 14.28%Average 14.28% Average | 0.19Excellent 0.2 Excellent | 95.23%Excellent 95.23% Excellent | 49.23%Excellent 49.23% Excellent | 0.00% |
Honeywell Automation India LtdHoneywell Autom... HONAUT • 517174 | 45/100 | ₹36180.00₹36180 | ₹31265.45₹31265.45 | 60.58Average 60.6 Average | 13.70%Average 13.70% Average | 18.40%Good 18.40% Good | 0.02Excellent 0.0 Excellent | 1.27%Average 1.27% Average | 4.95%Average 4.95% Average | 0.30% |
Jyoti CNC Automation LtdJyoti CNC Autom... JYOTICNC • 544081 | 63.3/100 | ₹656.95₹657 | ₹22333.05₹22333.05 | 64.52Average 64.5 Average | 21.16%Excellent 21.16% Excellent | 24.35%Excellent 24.35% Excellent | 0.40Excellent 0.4 Excellent | 42.76%Excellent 42.76% Excellent | 21.49%Excellent 21.49% Excellent | 0.00% |
Aditya Infotech LimitedAditya Infotech... CPPLUS • 544466 | 48.5/100 | ₹2639.60₹2640 | ₹17963.45₹17963.45 | 91.26Average 91.3 Average | 20.87%Excellent 20.87% Excellent | 19.49%Good 19.49% Good | 0.08Excellent 0.1 Excellent | 54.52%Excellent 54.52% Excellent | 20.24%Excellent 20.24% Excellent | 0.00% |
Lakshmi Machine Works LimitedLakshmi Machine... LMW • 500252 | 43.3/100 | ₹15997.00₹15997 | ₹16059.39₹16059.39 | 133.53Average 133.5 Average | 3.04%Poor 3.04% Poor | 4.48%Poor 4.48% Poor | 0.00Excellent 0.0 Excellent | 26.84%Excellent 26.84% Excellent | 13.85%Good 13.85% Good | 0.20% |
Syrma SGS Technology LtdSyrma SGS Techn... SYRMA • 543573 | 54/100 | ₹1053.80₹1054 | ₹15669.49₹15669.49 | 68.23Average 68.2 Average | 9.45%Poor 9.45% Poor | 11.67%Average 11.67% Average | 0.12Excellent 0.1 Excellent | 12.24%Good 12.24% Good | 34.44%Excellent 34.44% Excellent | 0.18% |
Tega Industries LtdTega Industries... TEGA • 543413 | 60.90000000000001/100 | ₹1599.70₹1600 | ₹12879.94₹12879.94 | 54.47Average 54.5 Average | 15.47%Good 15.47% Good | 17.80%Good 17.80% Good | 0.21Excellent 0.2 Excellent | 24.79%Excellent 24.79% Excellent | 19.06%Excellent 19.06% Excellent | 0.10% |
Lloyds Engineering Works LtdLloyds Engineer... LLOYDSENGG • 539992 | 0/100 | ₹78.11₹78 | ₹7137.25₹7137.25 | 52.48Average 52.5 Average | — — | — — | 0.16Excellent 0.2 Excellent | — — | — — | 0.48% |
Dynamatic Technologies LtdDynamatic Techn... DYNAMATECH • 505242 | 23.6/100 | ₹10668.00₹10668 | ₹6280.97₹6280.97 | 176.13Average 176.1 Average | 6.21%Poor 6.21% Poor | 8.96%Poor 8.96% Poor | 0.78Good 0.8 Good | 1.91%Average 1.91% Average | 2.68%Average 2.68% Average | 0.02% |
Praj Industries LtdPraj Industries... PRAJIND • 522205 | 42.7/100 | ₹383.80₹384 | ₹5811.25₹5811.25 | 55.07Average 55.1 Average | 14.08%Average 14.08% Average | 17.92%Good 17.92% Good | 0.16Excellent 0.2 Excellent | 23.08%Excellent 23.08% Excellent | 23.97%Excellent 23.97% Excellent | 1.90% |
Top Industrial Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Kaynes Technology India Ltd share price35916.60 Cr
- Honeywell Automation India Ltd share price31265.45 Cr
- Jyoti CNC Automation Ltd share price22333.05 Cr
- Aditya Infotech Limited share price17963.45 Cr
- Lakshmi Machine Works Limited share price16059.39 Cr
Ice Make Refrigeration Ltd PE Ratio History
Historical price-to-earnings ratio for ICEMAKE — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹14.65 | ₹809.65 | 55.3x |
| FY 2024 | ₹16.56 | ₹747.65 | 45.1x |
| FY 2023 | ₹13.19 | ₹616.80 | 46.8x |
| FY 2022 | ₹4.65 | ₹252.75 | 54.4x |
| FY 2021 | ₹2.30 | ₹72.00 | 31.3x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Ice Make Refrigeration Ltd Dividend History
Annual cash dividends paid by ICEMAKE — dividend yield 0.31%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹3.16 Cr |
| FY 2024 | ₹2.84 Cr |
| FY 2023 | ₹1.89 Cr |
| FY 2022 | ₹1.88 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Ice Make Refrigeration Ltd Quarterly Performance
Latest quarterly metrics for ICEMAKE — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
42.65%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-57.88%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
28.35%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
35.66%
Compounded annual net profit growth over 5 years
Ice Make Refrigeration Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for ICEMAKE — calculated from daily price history
Momentum is strong — price may be stretched. Watch for pullbacks.
Technical indicators are for educational purposes only. Not investment advice.
Ice Make Refrigeration Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Ice Make Refrigeration Ltd (ICEMAKE) — sourced from NSE/BSE filings.
Loading Financial Statements...
Fetching financial data for Ice Make Refrigeration Ltd
About ICEMAKE (Ice Make Refrigeration Ltd)
Ice Make Refrigeration Ltd is a dynamic force in the industrial products sector, specializing in the design, manufacture, and distribution of innovative refrigeration solutions. Re...nowned for its commitment to quality and customer satisfaction, the company has carved a niche for itself by providing a comprehensive portfolio of products catered to diverse industries. From cutting-edge cold storage solutions to high-performance refrigeration equipment, Ice Make leverages advanced technologies and engineering expertise to deliver reliable and energy-efficient systems. These systems are designed to optimize temperature control, preserve product integrity, and minimize operational costs for businesses of all sizes. The company's product range encompasses a wide spectrum of refrigeration needs, including modular cold rooms, industrial chillers, and specialized freezing solutions. Ice Make distinguishes itself through its ability to provide customized solutions tailored to the unique requirements of each client. This commitment to personalization, coupled with a focus on sustainability, has positioned Ice Make as a trusted partner for businesses seeking eco-friendly and cost-effective refrigeration solutions. The company's dedication to innovation is evident in its continuous research and development efforts, which aim to push the boundaries of refrigeration technology and meet the evolving needs of the market. With a strong emphasis on reliability and performance, Ice Make's products are engineered to withstand demanding industrial environments and deliver consistent results. The company's comprehensive service offerings, including installation, maintenance, and technical support, ensure that customers receive seamless assistance throughout the product lifecycle. By prioritizing customer satisfaction and adhering to the highest standards of quality, Ice Make Refrigeration Ltd continues to solidify its position as a leading provider of refrigeration solutions in the industrial products landscape. The company's commitment to excellence and innovation makes it a valuable asset to businesses seeking reliable and efficient refrigeration systems.
Company Details
Key Leadership
Corporate Events
ICEMAKE Share Price: Frequently Asked Questions
What is the current share price of Ice Make Refrigeration Ltd?
Ice Make Refrigeration Ltd (ICEMAKE) trades at ₹775.75 on NSE. Market cap ₹1.13K (Cr). Educational data only.
What is the P/E ratio of Ice Make Refrigeration Ltd?
Ice Make Refrigeration Ltd has a P/E of 74.20x vs industry average 33.94x.
What is the Bull Run score for Ice Make Refrigeration Ltd?
Ice Make Refrigeration Ltd has a Bull Run score of 48.2/100 based on 25+ financial parameters.
Does Ice Make Refrigeration Ltd pay dividends?
Ice Make Refrigeration Ltd has a dividend yield of 0.31%. Past dividends don't guarantee future payments.
What is the ROE of Ice Make Refrigeration Ltd?
Ice Make Refrigeration Ltd has ROE of 20.30%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Ice Make Refrigeration Ltd?
Ice Make Refrigeration Ltd has debt-to-equity of 1.39.
Is Ice Make Refrigeration Ltd a good investment?
Bull Run gives Ice Make Refrigeration Ltd a score of 48.2/100. This is not investment advice — consult a SEBI-registered advisor.