High Low - 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
You are viewing standalone data.
Quarterly Results
Dec 25 Sep 25 Jun 25
Sales 153.21 148.70 111.86
Other Income 0.27 0.15 0.26
Total Expenses 143.97 140.07 107.67
Operating Profit 9.24 8.63 4.18
Interest 3.82 2.72 2.26
Gross Profit 5.68 6.06 2.19
Provisions Made 0.00 0.00 0.00
Depreciation 4.18 4.09 3.98
Taxation 0.39 0.52 -0.40
Net Profit / Loss 1.11 1.45 -1.39
Equity Capital 15.78 15.78 15.78
Balance Sheet
Mar 25 Mar 24 Mar 23
Share Capital 15.78 15.78 15.78
Reserve & Surplus 112.62 92.67 69.23
Revaluation Reserve 0.00 0.00 0.00
Networth 128.40 108.45 85.01
Total debt 78.88 22.58 1.46
Total Liability 207.28 131.03 86.47
Net Block 129.56 46.11 29.82
Capital work in progress 5.69 11.88 0.14
Investment 3.38 3.38 8.01
Net current asset 68.65 69.66 48.50
Miscellaneous expenses 0.00 0.00 0.00
Total Assets 207.27 131.02 86.47
Income Statement
  Mar25 Mar24 Mar23
Sales 471.79 369.60 302.69
Other Income 1.43 0.98 1.55
Total Expenses 430.10 329.38 271.37
Operating Profit 41.70 40.22 31.31
Interest 3.89 1.85 1.15
Adjusted PBDIT 43.13 41.21 32.86
Depreciation 7.82 3.51 3.31
Adjusted PBT 31.42 35.84 28.40
Taxation 8.20 9.23 7.35
Net Profit / Loss 23.22 26.62 21.05
Key Ratios
  Mar25 Mar24 Mar23
OPM (%) 8.83 10.88 10.34
GPM (%) 7.18 9.93 9.25
NPM (%) 4.92 7.20 6.95
Earning Retention Ratio 86.42 89.33 91.01
Return on networth (%) 18.08 24.54 24.76
EPS (Rs.) 14.72 16.87 13.34
Dividend payout Ratio 13.58 10.67 8.99
Longterm Debt-Equity Ratio 0.35 0.19 0.01
Current Ratio 1.43 1.89 1.68
Fixed Asset Turnover Ratio 2.79 3.40 3.81
Inventory 2.28 2.82 3.50
Interest coverage Ratio 11.09 22.22 28.68
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.) 801.70
Last Traded Date 21/04/2026
Last Traded Time 03:59:59 PM
Change (%) -0.82%
Day's Open (Rs.) 810.90
Previous Close (Rs.) 808.30
Day's High (Rs.) 812.95
Day's Low (Rs.) 797.60
Volume (Rs. In Lacs) 161.27
Bid Price (Rs.) 0.00
Bid Quantity
Offer Price (Rs.) 801.70
Offer Quantity 31
Exchange Code ICEMAKEEQ
Exchange Group OtherEQ
Board Meetings
Date Purpose
14/02/2026 Quarterly Results
11/11/2025 Quarterly Results & Others
07/08/2025 Quarterly Results & Others
Corporate News
ICE Make Refrigerati has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2026
ICE Make Refrigerati - Certificate under SEBI (Depositories and Participants) Regulations, 2018
ICE Make Refrigerati - Trading Window
ICE Make Refrigerati - Analysts/Institutional Investor Meet/Con. Call Updates
ICE Make Refrigerati - Analysts/Institutional Investor Meet/Con. Call Updates
Share Holding Pattern as on 31/03/2026
Major Holder No. of Shares Percentage (%)
Promoters 11,707,973 74.20
Institutional Investors 294,064 1.86
Other Investors 438,200 2.78
General Public 3,339,498 21.16