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
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Quarterly Results
Mar 25 Dec 24 Sep 24
Sales 178.61 108.64 101.38
Other Income 0.61 0.34 0.27
Total Expenses 157.84 102.03 93.13
Operating Profit 20.77 6.61 8.24
Interest 1.50 1.11 0.87
Gross Profit 19.87 5.83 7.64
Provisions Made 0.00 0.00 0.00
Depreciation 4.04 2.03 0.92
Taxation 4.32 0.84 1.83
Net Profit / Loss 11.52 2.96 4.89
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 135.25 46.11 29.82
Capital work in progress 0.00 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 430.09 329.38 271.37
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 100.00 89.33 91.01
Return on networth (%) 18.08 24.54 24.76
EPS (Rs.) 14.72 16.87 13.34
Dividend payout Ratio 0.00 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.) 781.00
Last Traded Date 03/07/2025
Last Traded Time -
Change (%) -0.19%
Day's Open (Rs.) 780.00
Previous Close (Rs.) 782.50
Day's High (Rs.) 788.00
Day's Low (Rs.) 778.10
Volume (Rs. In Lacs) 118.27
Bid Price (Rs.) 0.00
Bid Quantity
Offer Price (Rs.) 0.00
Offer Quantity
Exchange Code ICEMAKEEQ
Exchange Group OtherEQ
Board Meetings
Date Purpose
17/05/2025 Audited Results & Dividend
08/02/2025 Quarterly Results
14/11/2024 Quarterly Results
Corporate News
ICE Make Refrigerati - Disclosure under SEBI Takeover Regulations
ICE Make Refrigerati - Trading Window-XBRL
ICE Make Refrigerati - Trading Window
ICE Make Refrigerati - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
ICE Make Refrigerati - Appointment
Share Holding Pattern as on 31/03/2025
Major Holder No. of Shares Percentage (%)
Promoters 11,742,149 74.41
Institutional Investors 188,552 1.19
Other Investors 449,570 2.85
General Public 3,399,464 21.54