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ICE Make Refrigeration Ltd share price logo

ICE Make Refrigeration Ltd

(ICEMAKE)

₹7753.77%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

ICE Make Refrigeration Ltd Performance

  • Day's Low

    Day's High

    ₹765
    ₹809.45
  • 52 Week's Low

    52 Week's High

    ₹434.05
    ₹983.5
1 Month Return-0.56 %
3 Month Return+ 11.78 %
1 Year Return+ 34.37 %
Previous Close₹805.40
Open₹801.00
Volume43.19K
Upper Circuit-
Lower Circuit-
Market Cap₹1,270.90Cr

ICE Make Refrigeration Ltd Key Statistics

P/E Ratio51.23
PEG Ratio43.42
Market Cap₹1,270.90 Cr
P/B Ratio6.89
EPS16.56
Dividend Yield0.42
SectorCapital Goods - Electrical Equipment
ROE27.52

ICE Make Refrigeration Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,270.90 Cr278.02%0.59₹26 Cr₹378 Cr
NA₹1,575.83 Cr146.66%0.66₹63 Cr₹242 Cr
NA₹537.21 Cr32.85%0.57₹21 Cr₹404 Cr
NA₹6,883.01 Cr278.98%0.51₹118 Cr₹1,000 Cr
NA₹3,142.51 Cr206.68%0.63₹16 Cr₹442 Cr

About ICE Make Refrigeration Ltd

Ice Make Refrigeration Limited is a refrigeration equipment manufacturer providing cooling solutions across a variety of industries, such as dairy, ice cream, hospitality, and retail. Founded in 2009, the company has a long history, first starting as two separate companies, by promoters Mr. Chandrakant P. Patel, Mr. Rajendra P. Patel, and Mr. Vipul I. Patel, in 1993 and 1997 respectively, before being consolidated into one entity. The company has since forayed into cold room manufacturing (2002) and industrial refrigeration manufacturing (2003) as well as transport refrigeration manufacturing (2012). In 2016, the company acquired Bharat Refrigerations, a Chennai-based company, now a wholly-owned subsidiary, to expand on its existing cooling solutions and further its services to their customers.

Share Price: ₹775.00 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,270.90Cr as of today
Revenue: ₹103.39Cr as on September 2024 (Q3 24)
Net Profit: ₹4.79Cr as on September 2024 (Q3 24)
Listing date: 08 Dec, 2017
Chairperson Name: Chandrakant P Patel
OrganisationICE Make Refrigeration Ltd
HeadquartersGandhinagar
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

Key events for ICE Make Refrigeration Ltd

  • ICE Make Refrigeration Reports Strong Q3 Performance - 20 Nov, 2024

    ICE Make Refrigeration reported a 33.88% increase in net sales to Rs 101.38 crore for September 2024. Net profit rose 6.48% to Rs 4.89 crore, while EBITDA increased by 10.81%. The company's EPS improved to Rs 3.10. Shares closed at Rs 803.15, reflecting a 48.64% return over the last six months.

Insights on ICE Make Refrigeration Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 85.33 Cr → 103.5 Cr (in ₹), with an average increase of 17.6% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 25.50% to 25.51% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, ICEMAKE stock has moved up by 1202.2%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 3.71 Cr → 4.82 Cr (in ₹), with an average increase of 23.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Apar Industries Ltd has given 1335.6% return, outperforming this stock by 133.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.49% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Voltas Ltd has given 99.9% return, outperforming this stock by 65.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.02% to 0.00% in Sep 2024 quarter

ICE Make Refrigeration Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹76.89Cr (-)₹82.43Cr (↑7.21%)₹139.92Cr (↑69.74%)₹85.23Cr (↓39.09%)₹103.39Cr (↑21.31%)
Net Income₹4.49Cr (-)₹2.02Cr (↓55.01%)₹14.27Cr (↑606.44%)₹3.64Cr (↓74.49%)₹4.79Cr (↑31.59%)
Net Profit Margin5.84% (-)2.45% (↓58.05%)10.20% (↑316.33%)4.27% (↓58.14%)4.63% (↑8.43%)
Value in ₹ crore
Details2021202220232024
Total Assets₹107.14Cr (-)₹123.08Cr (↑14.88%)₹158.14Cr (↑28.49%)₹209.31Cr (↑32.36%)
Total Liabilities₹47.96Cr (-)₹57.76Cr (↑20.43%)₹73.13Cr (↑26.61%)₹100.86Cr (↑37.92%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹0.50Cr (-)₹12.03Cr (↓2,506.00%)₹8.69Cr (↓27.76%)₹22.30Cr (↑156.62%)₹9.94Cr (↓55.43%)
0

ICE Make Refrigeration Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.49%
0.00
Foreign Institutions
0%
-97.58
Mutual Funds
0%
0.00
Retail Investors
25.51%
0.06
Others
0%
0.00

ICE Make Refrigeration Ltd Key Indicators

Details20202021202220232024
Return On Equity %12.627.8513.0128.0127.52
Details20202021202220232024
Return On Assets %4.963.375.9513.1512.54
Details20202021202220232024
Book Value Per Share (₹)33.9935.9339.2851.4166.03
Details20202021202220232024
Earning Per Share (₹)3.222.314.6613.1816.56

ICE Make Refrigeration Ltd Valuation

ICE Make Refrigeration Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.33x)

June 19, 2020

Today (51.23x)

November 19, 2024

Industry (132.71x)

November 19, 2024

Highest (59.45x)

November 7, 2024

LowHigh

ICE Make Refrigeration Ltd Earnings and Dividends

  • ICE Make Refrigeration Ltd Earnings Results

    ICE Make Refrigeration Ltd’s net profit jumped 6.64% since last year same period to ₹4.82Cr in the Q2 2024-2025. On a quarterly growth basis, ICE Make Refrigeration Ltd has generated 29.92% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • ICE Make Refrigeration Ltd Dividends May,2024

    In the quarter ending March 2024, ICE Make Refrigeration Ltd has declared dividend of ₹2 - translating a dividend yield of 0.49%.

    Read More about Dividends

ICE Make Refrigeration Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

ICE Make Refrigeration Ltd is currently in a Bearish trading position according to technical analysis indicators.

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ICE Make Refrigeration Ltd (ICEMAKE) share price today is ₹775

ICE Make Refrigeration Ltd is listed on NSE

ICE Make Refrigeration Ltd is not listed on BSE

  • Today’s highest price of ICE Make Refrigeration Ltd is ₹809.45.
  • Today’s lowest price of ICE Make Refrigeration Ltd is ₹765.

PE Ratio of ICE Make Refrigeration Ltd is 51.23

PE ratio = ICE Make Refrigeration Ltd Market price per share / ICE Make Refrigeration Ltd Earnings per share

Today’s traded volume of ICE Make Refrigeration Ltd(ICEMAKE) is 43.19K.

Today’s market capitalisation of ICE Make Refrigeration Ltd(ICEMAKE) is ₹1270.9Cr.

ICE Make Refrigeration Ltd(ICEMAKEPrice
52 Week High
₹983.5
52 Week Low
₹434.05

ICE Make Refrigeration Ltd(ICEMAKE) share price is ₹775. It is down -21.20% from its 52 Week High price of ₹983.5

ICE Make Refrigeration Ltd(ICEMAKE) share price is ₹775. It is up 78.55% from its 52 Week Low price of ₹434.05

ICE Make Refrigeration Ltd(ICEMAKEReturns
1 Day Returns
-30.4%
1 Month Returns
-0.56%
3 Month Returns
11.78%
1 Year Returns
34.37%