Locations - ICE Make Refrigeration Ltd.
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Registered Address
Registered Office : B-1, Vasupujya Chamber, Near Navdeep Building, Income-Tax Cross Road,
Ahmedabad, Gujarat - 380009
Tel: 079-27540630
Fax: 079-27540620
Email : info@icemakeindia.com
Website : http://www.icemakeindia.com
Key Officials
Name Designation
Mr. Ankit P Patel Chief Financial Officer
Mr. Mandar B Desai Co. Secretary & Compl. Officer
Listings
NSE ,  
Standalone Consolidated
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Quarterly Results
Dec 24 Sep 24 Jun 24
Sales 108.64 101.38 83.17
Other Income 0.34 0.27 0.22
Total Expenses 102.03 93.13 77.09
Operating Profit 6.61 8.24 6.09
Interest 1.11 0.87 0.41
Gross Profit 5.83 7.64 5.89
Provisions Made 0.00 0.00 0.00
Depreciation 2.03 0.92 0.83
Taxation 0.84 1.83 1.21
Net Profit / Loss 2.96 4.89 3.85
Equity Capital 15.78 15.78 15.78
Balance Sheet
Mar 24 Mar 23 Mar 22
Share Capital 15.78 15.78 15.70
Reserve & Surplus 92.67 69.23 49.62
Revaluation Reserve 0.00 0.00 0.00
Networth 108.45 85.01 65.32
Total debt 22.58 1.46 7.03
Total Liability 131.03 86.47 72.35
Net Block 46.11 29.82 29.29
Capital work in progress 11.88 0.14 0.00
Investment 3.38 8.01 3.36
Net current asset 69.66 48.50 39.71
Miscellaneous expenses 0.00 0.00 0.00
Total Assets 131.02 86.47 72.35
Income Statement
  Mar24 Mar23 Mar22
Sales 369.60 302.69 200.17
Other Income 0.98 1.55 1.03
Total Expenses 329.38 271.37 185.73
Operating Profit 40.22 31.31 14.44
Interest 1.85 1.15 1.57
Adjusted PBDIT 41.21 32.86 15.46
Depreciation 3.51 3.31 3.01
Adjusted PBT 35.84 28.40 10.88
Taxation 9.23 7.35 2.78
Net Profit / Loss 26.62 21.05 8.10
Key Ratios
  Mar24 Mar23 Mar22
OPM (%) 10.88 10.34 7.21
GPM (%) 9.93 9.25 5.70
NPM (%) 7.20 6.95 4.04
Earning Retention Ratio 89.33 91.01 76.74
Return on networth (%) 24.54 24.76 12.40
EPS (Rs.) 16.87 13.34 5.17
Dividend payout Ratio 10.67 8.99 23.26
Longterm Debt-Equity Ratio 0.19 0.01 0.02
Current Ratio 1.89 1.68 1.78
Fixed Asset Turnover Ratio 3.40 3.81 2.90
Inventory 2.82 3.50 2.77
Interest coverage Ratio 22.22 28.68 9.86
Registrar Details
MUFG Intime India Pvt. Ltd.
506 - 508, 5th Floor, Amaranth Business Complex I (ABC - I),Beside Gala Business Center, Nr. St. Xaviers Corner,Off C. G. Road, Ellisbridge, Navrangpura
Ahmedabad,380009,Gujarat
Tel : 079-26465179
Fax : 26465179
Market Performance
Exchange NSE
Last Traded Price (Rs.) 836.10
Last Traded Date 06/05/2025
Last Traded Time -
Change (%) -7.13%
Day's Open (Rs.) 900.30
Previous Close (Rs.) 900.30
Day's High (Rs.) 902.85
Day's Low (Rs.) 821.15
Volume (Rs. In Lacs) 1439.13
Bid Price (Rs.) 0.00
Bid Quantity
Offer Price (Rs.) 0.00
Offer Quantity
Exchange Code ICEMAKEEQ
Exchange Group OtherEQ
Board Meetings
Date Purpose
08/02/2025 Quarterly Results
14/11/2024 Quarterly Results
08/08/2024 Audited Results
Corporate News
ICE Make Refrigerati has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025
ICE Make Refrigerati - Updates
ICE Make Refrigerati - Certificate under SEBI (Depositories and Participants) Regulations, 2018
ICE Make Refrigerati - General Updates
ICE Make Refrigerati - Trading Window
Share Holding Pattern as on 31/12/2024
Major Holder No. of Shares Percentage (%)
Promoters 11,754,000 74.49
Institutional Investors 92,060 0.58
Other Investors 444,065 2.81
General Public 3,489,610 22.11