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ICE Make Refrigeration Ltd share price logo

ICE Make Refrigeration Ltd

(ICEMAKE)

₹809.92.38%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

ICE Make Refrigeration Ltd Performance

  • Day's Low

    Day's High

    ₹792
    ₹854.4
  • 52 Week's Low

    52 Week's High

    ₹434.05
    ₹959.95
1 Month Return+ 14.22 %
3 Month Return+ 8.89 %
1 Year Return+ 32.41 %
Previous Close₹829.65
Open₹843.95
Volume42.04K
Upper Circuit-
Lower Circuit-
Market Cap₹1,309.17Cr

ICE Make Refrigeration Ltd Key Statistics

P/E Ratio53.46
PEG Ratio60.06
Market Cap₹1,309.17 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₹1,309.17 Cr287.28%0.59₹26 Cr₹378 Cr
NA₹1,083.53 Cr54.68%0.58NANA
NA₹519.53 Cr1872.32%0.55NANA
NA₹206.70 Cr38.8%0.56₹1 Cr₹32 Cr
NA₹54.48 Cr94.04%1.38NANA

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: ₹809.90 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,309.17Cr as of today
Revenue: ₹85.23Cr as on June 2024 (Q2 24)
Net Profit: ₹3.64Cr as on June 2024 (Q2 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 Ltd CEO bullish as insider control implies growth - 25 Jun, 2024

    Ice Make Refrigeration Ltd's CEO, Chandrakant Patel, is the most bullish insider with significant control over the company's growth. The top 3 shareholders hold 73% of the business, indicating vested interests in its growth.

  • ICE Make Refrigeration Gains on High Trading Volumes - 31 May, 2024

    ICE Make Refrigeration's stock price rose by 10.74% to Rs 715.35, with high-frequency trading and increased trading volumes following the company's Q4FY24 results announcement.

  • ICE Make Refrig Reports Strong Financial Results - 30 May, 2024

    ICE Make Refrig reports a 22.12% YoY increase in net sales, with quarterly net profit up by 64.97%. The company's EPS has also increased from Rs. 5.47 to Rs. 9.02. ICE Make Refrig shares have given returns of 10.66% over the last 6 months and 93.34% over the last 12 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

    Price Rise

    img

    In the last 3 years, ICEMAKE stock has moved up by 1118.3%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ICEMAKE has outperformed top 5 stocks with highest market-cap in Electrical Components & Equipment

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.02% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Blue Star Ltd has given 129.0% return, outperforming this stock by 96.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 25.51% to 25.50% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 140.15 Cr → 85.33 Cr (in ₹), with an average decrease of 39.1% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 14.3 Cr → 3.71 Cr (in ₹), with an average decrease of 74.1% per quarter

ICE Make Refrigeration Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹79.14Cr (-)₹76.89Cr (↓2.84%)₹82.43Cr (↑7.21%)₹139.92Cr (↑69.74%)₹85.23Cr (↓39.09%)
Net Income₹5.36Cr (-)₹4.49Cr (↓16.23%)₹2.02Cr (↓55.01%)₹14.27Cr (↑606.44%)₹3.64Cr (↓74.49%)
Net Profit Margin6.77% (-)5.84% (↓13.74%)2.45% (↓58.05%)10.20% (↑316.33%)4.27% (↓58.14%)
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
0.02%
415.62
Mutual Funds
0%
0.00
Retail Investors
25.5%
-0.05
Others
0%
-100.00

ICE Make Refrigeration Ltd Key Indicators

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

ICE Make Refrigeration Ltd Valuation

ICE Make Refrigeration Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.33x)

June 19, 2020

Today (53.46x)

October 18, 2024

Industry (143.67x)

October 18, 2024

Highest (58.19x)

August 2, 2024

LowHigh

ICE Make Refrigeration Ltd Earnings and Dividends

  • ICE Make Refrigeration Ltd Earnings Results

    ICE Make Refrigeration Ltd’s net profit fell -30.78% since last year same period to ₹3.71Cr in the Q1 2024-2025. On a quarterly growth basis, ICE Make Refrigeration Ltd has generated -74.06% fall 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 0.47%.

    Read More about Dividends

ICE Make Refrigeration Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

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

FAQs on ICE Make Refrigeration Ltd

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ICE Make Refrigeration Ltd (ICEMAKE) share price today is ₹809.9

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 ₹854.4.
  • Today’s lowest price of ICE Make Refrigeration Ltd is ₹792.

PE Ratio of ICE Make Refrigeration Ltd is 53.46

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 42.04K.

Today’s market capitalisation of ICE Make Refrigeration Ltd(ICEMAKE) is ₹1309.17Cr.

ICE Make Refrigeration Ltd(ICEMAKEPrice
52 Week High
₹959.95
52 Week Low
₹434.05

ICE Make Refrigeration Ltd(ICEMAKE) share price is ₹809.9. It is down -15.63% from its 52 Week High price of ₹959.95

ICE Make Refrigeration Ltd(ICEMAKE) share price is ₹809.9. It is up 86.59% from its 52 Week Low price of ₹434.05

ICE Make Refrigeration Ltd(ICEMAKEReturns
1 Day Returns
-19.75%
1 Month Returns
14.22%
3 Month Returns
8.89%
1 Year Returns
32.41%