How has been the historical performance of ICE Make Refrig.?

Answer:The historical performance of ICE Make Refrig. shows a consistent growth in net sales and profitability over the years, with net sales reaching 479.52 Cr in Mar'25, up from 378.38 Cr in Mar'24 and significantly higher than 312.21 Cr in Mar'23. The total operating income mirrored this upward trend, also hitting 479.52 Cr in Mar'25. The raw material costs have increased to 343.91 Cr in Mar'25 from 262.75 Cr in Mar'24, indicating rising input costs. Despite this, the operating profit (PBDIT) increased to 43.45 Cr in Mar'25, reflecting a healthy operating profit margin of 8.87%. Profit before tax saw a slight decrease to 31.02 Cr in Mar'25 from 35.20 Cr in Mar'24, while profit after tax was 22.90 Cr, down from 26.14 Cr in the previous year. The consolidated net profit for Mar'25 was 23.11 Cr, a decrease from 26.25 Cr in Mar'24. Breakdown: The company's total expenditure, excluding depreciation, rose to 436.97 Cr in Mar'25, up from 337.61 Cr in Mar'24, driven by increased raw material costs and other expenses. The total liabilities surged to 366.19 Cr in Mar'25 from 209.79 Cr in Mar'24, with long-term borrowings increasing significantly to 47.82 Cr. Current assets also grew to 221.81 Cr in Mar'25, primarily due to higher inventories and sundry debtors. The cash flow from operating activities improved to 29.00 Cr in Mar'25, while cash flow from investing activities showed a significant outflow of 83.00 Cr. Overall, the financial metrics indicate a robust growth trajectory for ICE Make Refrig., despite some pressures on profitability and rising costs.