Q1 FY27 results: revenue up 60% YoY but loss widens; Rs 2.25 dividend declared

Revenue growth above 20%Net loss reportedEmphasis of matterGoing-concern doubtResults View source PDF Explain this filing

ICEMAKE · price

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Price reactionminutes from the announcement price · days from the prior close

-7.6%Reaction day

₹810.00

prior close

₹799.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-7.7% vs market

Industrial Products peers, median of 125sector-0.1%-7.5% vs sector

On the reaction day the stock moved 7.7 pts less than Nifty Microcap 250 and 7.5 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.6

10m

-1.2

15m

-1.6

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.6+0.1-7.7-0.1-7.5

Next day

-11.1+0.2-11.3-0.8-10.3

-10.2+0.6-10.8-0.5-9.7

-10.4-0.0-10.4-0.6-9.8

-10.2+0.5-10.8-0.4-9.8

-11.1+0.8-11.8+0.0-11.1

-10.3+0.6-10.9-0.5-9.9

15d

-9.1+1.3-10.4+0.4-9.5

-14.7-1.4-13.3-0.6-14.1

-17.8-0.6-17.2-0.4-17.4

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 125Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ice Make Refrigeration Q1 FY27 consolidated revenue rose 60% YoY to Rs 17,888.44 lakh from Rs 11,150.14 lakh. Loss widened to Rs 165.25 lakh vs Rs 146.90 lakh. Switch from WDV to SLM depreciation saved Rs 253.26 lakh, lowering the loss. Record date Sep 23, 2026 for Rs 2.25/share final dividend (subject to AGM on Sep 30). Auditor flagged subsidiary Icebest with negative net worth and two years of losses.

Likely market impact

Strong revenue growth but continued losses. Subsidiary going concern and accounting change bear watching. Dividend pending AGM approval.