What does ICE Make Refrig. do?

Jul 17 2025 07:26 AM IST
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ICE Make Refrigeration Ltd specializes in industrial refrigeration solutions and is a small-cap company with net sales of ₹1,804 Cr and a net profit of ₹117 Cr as of March 2025. The company was incorporated in 2009 and became public in 2017.
Overview:
ICE Make Refrigeration Ltd operates in the industrial manufacturing sector, focusing on refrigeration solutions, and is categorized as a small-cap company.

History:
The company was originally incorporated on March 31, 2009, as a private limited company. It changed its name to "ICE Make Refrigeration Private Limited" on August 04, 2015, and subsequently converted to a public limited company on August 29, 2017. The latest quarterly results reported net sales and profit for March 2025.

Financial Snapshot:
- Net Sales: 1,804 Cr (Quarterly Results - Mar 2025)
- Net Profit: 117 Cr (Quarterly Results - Mar 2025)
- Market Cap: INR 1,254 Cr (Small Cap)

Key Metrics:
- P/E: 55.00
- Industry P/E: 75
- Dividend Yield: 0.25%
- Debt Equity: 0.66
- Return on Equity: 18.63%
- Price to Book: 10.13

Contact Details:
Address: B-1 Vasupujya Chamber, Neer Navdeep Bldg IT Cross Rod Ahmedabad Gujarat : 380009
Tel: 91-79-27540630
Email: info@icemakeindia.com
Website: http://www.icemakeindia.com
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