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ICEMAKE Stock Chart & Stats
₹855.80
₹9.85(1.22%)
At close: 4:00 PM EDT
₹855.80
₹9.85(1.22%)
Day’s Range― - ―
52-Week Range₹602.00 - ₹920.00
Previous CloseN/A
Volume32.17K
Average Volume (3M)23.44K
Market Cap
₹12.07B
Enterprise Value₹12.01B
Total Cash (Recent Filing)₹71.84M
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)87.7
Beta1.43
Next Earnings
Nov 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.34%
Share Statistics
EPS (TTM)7.58
Shares Outstanding18,147,308
10 Day Avg. Volume19,531
30 Day Avg. Volume23,444
Financial Highlights & Ratios
PEG Ratio-1.82
Price to Book (P/B)7.89
Price to Sales (P/S)1.57
P/FCF Ratio-16.74
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
Strong Revenue GrowthFY2026 revenue growth of 32.1% shows the company is expanding its sales base and scaling its refrigeration and cooling-solutions operations. Continued top-line expansion can improve fixed-cost absorption and create a foundation for stronger earnings if profitability recovers.
Sustained Demand ExpansionRevenue growth accelerated to 32.1% in FY2026 after consistent double-digit growth in prior years, indicating demand has persisted across multiple periods. This multi-year pattern is more durable than a single-period spike and supports continued investment in capacity and customer reach.
Positive Capital ReturnsEquity has grown and ROE remains positive at about 9.2%, showing the company still generates a return on its capital base despite the recent slowdown. A positive return profile provides a foundation for improvement, although lower ROE signals that capital is being used less efficiently.
Bears Say
Margin CompressionSharp compression in gross and net margins means higher sales are converting into substantially less profit. The decline from roughly 30–31% gross margin and 4.8% net margin raises concern that cost pressure may persist and limits earnings conversion from future growth.
Weak Cash GenerationNegative operating cash flow indicates that reported growth is not currently translating into internally generated cash, while deeply negative free cash flow reflects substantial cash investment or working-capital needs. This can increase reliance on external funding and constrain financial resilience.
Rising LeverageDebt has grown faster than equity, lifting debt-to-equity to 1.19x and reducing financial flexibility. Higher leverage can amplify pressure from the weaker profitability and negative cash flow, leaving fewer internally funded resources for growth, investment, or unexpected business needs.
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 ₹602.00 and its highest was ₹920.00 in the past 12 months.
What is Ice Make Refrigeration Ltd.’s market cap?
Ice Make Refrigeration Ltd.’s market cap is ₹12.07B.
When is Ice Make Refrigeration Ltd.’s upcoming earnings report date?
Ice Make Refrigeration Ltd.’s upcoming earnings report date is Nov 14, 2026 which is in 27 days.
How were Ice Make Refrigeration Ltd.’s earnings last quarter?
Ice Make Refrigeration Ltd. released its earnings results on Aug 13, 2026. The company reported -₹1.036 earnings per share for the quarter.
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 0.34%. 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 18,147,308 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 -₹1.036 in its last earnings report. Following the earnings report the stock price went down -2.07%.
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 (ICEMAKE.NS), an Indian firm headquartered in Gandhinagar, designs, manufactures, and supplies a comprehensive range of refrigeration products and cooling equipment. Their extensive portfolio encompasses solutions for cold rooms and dedicated storage, commercial and industrial applications, transport refrigeration, and ammonia-based cooling systems. The company provides tailor-made temperature control solutions to a diverse clientele across numerous sectors. These include the hospitality, food processing (e.g., frozen goods, dairy, ice cream, bakery, beverages, mineral water), healthcare (medicare, pharmaceuticals), agriculture (horticulture), retail, and various manufacturing industries (plastic, chemical). Established in 1989, Ice Make Refrigeration also engages in the export of its products.
Technical Analysis
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