ICE Make Refrige.
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ICE Make Refrigeration allotted 2,367,573 equity shares on a preferential basis and received ₹190 crore in cash from Galilei Holdings Co. Ltd., Bhumi Jayeshkumar Patel and Shweta Samir Patel. Galilei Holdings made its payment on 10 September, while the two individual allottees paid on 7 September. Galilei Holdings was proposed as the Japanese strategic partner in a 60:40 joint venture. ICE Make reported FY26 revenue of about ₹668 crore and has been broadening its product mix from cold rooms into panels and commercial freezers.
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ICE Make Refrigeration allotted 2,367,573 equity shares on a preferential basis and received ₹190 crore in cash from Galilei Holdings Co. Ltd., Bhumi Jayeshkumar Patel and Shweta Samir Patel. Galilei Holdings made its payment on 10 September, while the two individual allottees paid on 7 September. Galilei Holdings was proposed as the Japanese strategic partner in a 60:40 joint venture. ICE Make reported FY26 revenue of about ₹668 crore and has been broadening its product mix from cold rooms into panels and commercial freezers.
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May 29 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
ICE MAKE REFRIGERATION MARCH-QUARTER CONSOL NET PROFIT 101.1 MILLION RUPEES
ICE MAKE REFRIGERATION MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.56 BILLION RUPEES
RECOMMENDS FINAL DIVIDEND OF 2.25 RUPEES PER SHARE FOR FY ENDED MARCH 31, 2026
Source text: [ID:]
Further company coverage: ICEM.NS
(([email protected];))
May 29 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
ICE MAKE REFRIGERATION MARCH-QUARTER CONSOL NET PROFIT 101.1 MILLION RUPEES
ICE MAKE REFRIGERATION MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.56 BILLION RUPEES
RECOMMENDS FINAL DIVIDEND OF 2.25 RUPEES PER SHARE FOR FY ENDED MARCH 31, 2026
Source text: [ID:]
Further company coverage: ICEM.NS
(([email protected];))
Sept 29 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
ANNOUNCES UP TO 1.50 BILLION RUPEES CAPEX INVESTMENT
Source text: ID:nNSEbNgndJ
Further company coverage: ICEM.NS
(([email protected];))
Sept 29 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
ANNOUNCES UP TO 1.50 BILLION RUPEES CAPEX INVESTMENT
Source text: ID:nNSEbNgndJ
Further company coverage: ICEM.NS
(([email protected];))
Dec 19 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
ICE MAKE REFRIGERATION LTD - LAUNCHES NEW COMMERCIAL FREEZERS AND VISI COOLERS
ICE MAKE REFRIGERATION LTD - CHEST FREEZER PRODUCTION TO BEGIN JAN 1 WITH 200 UNITS DAILY CAPACITY
ICE MAKE REFRIGERATION LTD - VISI COOLERS TO HAVE INITIAL PRODUCTION CAPACITY OF 8,000 UNITS ANNUALLY
Source text: ID:nNSE8sFrlC
Further company coverage: ICEM.NS
(([email protected];))
Dec 19 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
ICE MAKE REFRIGERATION LTD - LAUNCHES NEW COMMERCIAL FREEZERS AND VISI COOLERS
ICE MAKE REFRIGERATION LTD - CHEST FREEZER PRODUCTION TO BEGIN JAN 1 WITH 200 UNITS DAILY CAPACITY
ICE MAKE REFRIGERATION LTD - VISI COOLERS TO HAVE INITIAL PRODUCTION CAPACITY OF 8,000 UNITS ANNUALLY
Source text: ID:nNSE8sFrlC
Further company coverage: ICEM.NS
(([email protected];))
July 17 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
REAPPOINTS CHANDRAKANT P. PATEL AS MANAGING DIRECTOR
RE-APPOINTS RAJENDRA P. PATEL AS JOINT MD
REAPPOINTS VIPUL I. PATEL AS JOINT MANAGING DIRECTOR
Source text for Eikon: ID:nNSE5LBLN
Further company coverage: ICEM.NS
(([email protected];))
July 17 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
REAPPOINTS CHANDRAKANT P. PATEL AS MANAGING DIRECTOR
RE-APPOINTS RAJENDRA P. PATEL AS JOINT MD
REAPPOINTS VIPUL I. PATEL AS JOINT MANAGING DIRECTOR
Source text for Eikon: ID:nNSE5LBLN
Further company coverage: ICEM.NS
(([email protected];))
June 27 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
CO HAS ACQUIRED APP 44,538 SQ. MTR LAND SITUATED AT MOUJE, AHMEDABAD FOR CONTINUOUS PANEL BUSINESS
Further company coverage: ICEM.NS
(([email protected];))
June 27 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
CO HAS ACQUIRED APP 44,538 SQ. MTR LAND SITUATED AT MOUJE, AHMEDABAD FOR CONTINUOUS PANEL BUSINESS
Further company coverage: ICEM.NS
(([email protected];))
May 30 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
FINAL DIVIDEND OF 1.80 RUPEES PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 86.3 MILLION RUPEES VERSUS PROFIT 55.3 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.14 BILLION RUPEES VERSUS 769 MILLION RUPEES
Source text for Eikon: ID:nNSE6QPDPP
Further company coverage: ICEM.NS
(([email protected];;))
May 30 (Reuters) - Ice Make Refrigeration Ltd ICEM.NS:
FINAL DIVIDEND OF 1.80 RUPEES PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 86.3 MILLION RUPEES VERSUS PROFIT 55.3 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.14 BILLION RUPEES VERSUS 769 MILLION RUPEES
Source text for Eikon: ID:nNSE6QPDPP
Further company coverage: ICEM.NS
(([email protected];;))
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What does ICE Make Refrige. do?
Ice Make Refrigeration provides cooling solutions for various industries including food processing, pharmaceuticals, and hospitality. Their top products include Cold Rooms, Commercial Freezers, Chillers, Refrigerated Vehicles, and Ice Cream Hardeners.
Who are the competitors of ICE Make Refrige.?
ICE Make Refrige. major competitors are Servotech Renewable, Singer India, Elin Electronics, Veto Switchgears, BPL, Rexnord Electronics, Orient Electric. Market Cap of ICE Make Refrige. is ₹1,219 Crs. While the median market cap of its peers are ₹441 Crs.
Is ICE Make Refrige. financially stable compared to its competitors?
ICE Make Refrige. seems to be less financially stable compared to its competitors. Altman Z score of ICE Make Refrige. is 4.05 and is ranked 7 out of its 8 competitors.
Does ICE Make Refrige. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ICE Make Refrige. latest dividend payout ratio is 15.36% and 3yr average dividend payout ratio is 13.68%
How has ICE Make Refrige. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Inventory
How strong is ICE Make Refrige. balance sheet?
Balance sheet of ICE Make Refrige. is strong. But short term working capital might become an issue for this company.
Is the profitablity of ICE Make Refrige. improving?
No, profit is decreasing. The profit of ICE Make Refrige. is ₹11.94 Crs for TTM, ₹23.11 Crs for Mar 2025 and ₹26.25 Crs for Mar 2024.
Is the debt of ICE Make Refrige. increasing or decreasing?
Yes, The net debt of ICE Make Refrige. is increasing. Latest net debt of ICE Make Refrige. is ₹144 Crs as of Mar-26. This is greater than Mar-25 when it was ₹72.95 Crs.
Is ICE Make Refrige. stock expensive?
Yes, ICE Make Refrige. is expensive. Latest PE of ICE Make Refrige. is 101, while 3 year average PE is 50.61. Also latest EV/EBITDA of ICE Make Refrige. is 30.93 while 3yr average is 25.52.
Has the share price of ICE Make Refrige. grown faster than its competition?
ICE Make Refrige. has given better returns compared to its competitors. ICE Make Refrige. has grown at ~13.27% over the last 3yrs while peers have grown at a median rate of -8.55%
Is the promoter bullish about ICE Make Refrige.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in ICE Make Refrige. is 74.2% and last quarter promoter holding is 74.2%.
Are mutual funds buying/selling ICE Make Refrige.?
There is Insufficient data to gauge this.