ICE MAKE REFRIGERAT LTD is a Industrial Manufacturing company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 206 | 312 | 378 | 480 | 668 |
| EBITDA (ex other income) | 14 | 32 | 41 | 43 | 45 |
| margin % | 7.0 | 10.3 | 10.8 | 8.9 | 6.8 |
| Owners' profit | 0 | 0 | 26 | 23 | 12 |
| EPS, as reported (₹) | 4.66 | 13.19 | 16.56 | 14.65 | 7.73 |
| ROE % · ROCE % | — · — | 25.6 · 34.1 | 25.1 · 28.7 | 18.5 · 19.7 | 9.1 · 13.2 |
| Debt / equity (x) | — | 0.04 | 0.24 | 0.66 | 1.14 |
| Cash from operations | 8 | 24 | 12 | 30 | (11) |
| Capex | (4) | (4) | (20) | (82) | (40) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 103 | 111 | 180 | 112 | 147 | 153 | 256 | 179 |
| Profit before tax | 7 | 4 | 16 | (2) | 3 | 2 | 14 | (2) |
| Net profit | 5 | 3 | 12 | (1) | 2 | 1 | 10 | (2) |
| EPS (₹) | 3.05 | 1.82 | 7.42 | (0.90) | 1.28 | 0.93 | 6.41 | (1.04) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 45,150 | 93.8 | 24.06 | 77.9 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 10 Sept 2026 · Ice Make Refrigeration allots 23.67 lakh shares via preferential route, raises Rs 190 crore | compliance | minimal | — | — |
| 10 Sept 2026 · Board approves INR 190 cr preferential allotment and JV investment | general | medium | — | — |
| 10 Sept 2026 · Ice Make allots 23.67 lakh shares at INR 802.51 to non-promoters including Japanese firm | fund raising | medium | — | — |
| 10 Sept 2026 · Ice Make allots shares at INR 802.51 to Galilei; sets up JV | fund raising | high | — | — |
| 9 Sept 2026 · 17th AGM and e-voting notice published; final dividend record date set | compliance | minimal | — | — |
| 8 Sept 2026 · 17th AGM notice and FY26 annual report submitted; meeting on Sep 30 | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Ice Make Q1 FY27: Revenue up 60% to Rs 179 cr, margins dip to 1.7% | investor communications | medium | — | — |
| 22 Aug 2026 · Ice Make: 17th AGM on Sept 30, 2026; dividend record date Sept 23 | compliance | minimal | — | — |
| 21 Aug 2026 · Schedule of meet and presentation shared with exchange | board shareholder meetings | low | — | — |
| 19 Aug 2026 · AOA amended to add Galilei investor rights from SHA and SSA | fund raising | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 96.3 | 26.9 | 123 of 138 | 11% |
| P/B | 8.7 | 3.5 | 89 of 111 | 20% |
| ROCE | 7.5 | 11.3 | 99 of 144 | 32% |
| ROE | 9.2 | 9.5 | 62 of 117 | 47% |
| Debt / Equity | 1.1 | 0.2 | 106 of 117 | 10% |
| EBITDA margin | 1.7 | 12.4 | 96 of 110 | 13% |
| Revenue growth | 60.4 | 20.6 | 20 of 114 | 83% |
| Profit growth | (12.5) | 17.1 | 69 of 109 | 37% |
| Market cap | 1152 | 356 | 42 of 140 | 71% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
