Ice Make Refrigeration Ltd
ICEMAKEIce Make Refrigeration Ltd
ICEMAKE
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 50.08 | 11.97 | 0.25% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 50.42 | 7.24 | 0.54% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ice Make Refrigeration Limited is a refrigeration equipment manufacturer which provides cooling solutions. It manufactures products under four categories: cold room, commercial refrigeration, industrial refrigeration and transport refrigeration
Peers
Compare with peersPolycab India Ltd
Havells India Ltd
Kaynes Technology India Ltd
Apar Industries Ltd
V Guard Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 88.23 | 103.26 | 132.01 | 138.15 | 135.87 | 206.81 | 313.33 | 379.00 | 411.50 | |||||||||
Raw Materials | 56.18 | 68.24 | 90.75 | 93.69 | 94.53 | 147.62 | 215.82 | 262.75 | 371.46 | |||||||||
| Power & Fuel Cost | 0.26 | 0.33 | 2.96 | 2.95 | 0.58 | 0.79 | 1.08 | 1.33 | ||||||||||
| Employee Cost | 6.20 | 7.70 | 9.54 | 11.27 | 10.48 | 12.27 | 14.41 | 18.29 | ||||||||||
| Selling & Administrative Expenses | 8.79 | 7.18 | 9.03 | 11.65 | 9.08 | 13.27 | 18.21 | 23.98 | ||||||||||
| Operating & Other expenses | 6.49 | 6.62 | 5.55 | 4.61 | 9.66 | 17.67 | 30.57 | 31.26 | ||||||||||
EBITDA | 10.31 | 13.19 | 14.18 | 13.98 | 11.54 | 15.19 | 33.24 | 41.39 | 40.04 | |||||||||
| Depreciation/Amortization | 1.64 | 1.66 | 2.50 | 4.80 | 4.37 | 3.64 | 3.91 | 4.08 | 4.09 | |||||||||
| PBIT | 8.67 | 11.53 | 11.68 | 9.18 | 7.17 | 11.55 | 29.33 | 37.31 | 35.95 | |||||||||
| Interest & Other Items | 1.27 | 1.79 | 1.13 | 2.29 | 1.90 | 1.73 | 1.25 | 2.12 | 2.53 | |||||||||
| PBT | 7.40 | 9.74 | 10.55 | 6.89 | 5.27 | 9.82 | 28.08 | 35.19 | 33.42 | |||||||||
| Taxes & Other Items | 2.40 | 3.12 | 3.07 | 1.83 | 1.67 | 2.50 | 7.27 | 8.95 | 8.55 | |||||||||
| Net Income | 5.00 | 6.62 | 7.48 | 5.06 | 3.60 | 7.32 | 20.81 | 26.24 | 24.87 | |||||||||
| EPS | 4.34 | 4.87 | 4.77 | 3.23 | 2.30 | 4.67 | 13.22 | 16.63 | 15.76 | |||||||||
| DPS | 0.00 | 1.00 | 1.20 | 1.20 | 1.20 | 1.20 | 1.80 | 2.00 | 2.00 | |||||||||
| Payout ratio | 0.00 | 0.21 | 0.25 | 0.37 | 0.52 | 0.26 | 0.14 | 0.12 | 0.13 |
Company Updates
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Peers & Comparison
IndustrialsElectrical Components & Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Ice Make Refrigeration Ltd | 47.46 | 11.97 | 0.25% |
| Polycab India Ltd | 62.50 | 13.53 | 0.40% |
| Havells India Ltd | 83.73 | 14.29 | 0.53% |
| Kaynes Technology India Ltd | 248.00 | 18.27 | — |
Price Comparison
Compare ICEMAKE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
ICEMAKE has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.25%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.53 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 20, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateSep 15, 2023
Dividend/Share
₹1.80
Ex DateEx Date
Sep 15, 2023
Cash Dividend
Ex DateEx DateSep 8, 2022
Dividend/Share
₹1.20
Ex DateEx Date
Sep 8, 2022
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹1.20
Ex DateEx Date
Sep 16, 2021
Cash Dividend
Ex DateEx DateSep 17, 2020
Dividend/Share
₹1.20
Ex DateEx Date
Sep 17, 2020
Net profit of ICE Make Refrigeration rose 6.64% to Rs 4.82 crore in the quarter ended September 2024 as against Rs 4.52 crore during the previous quarter ended September 2023. Sales rose 34.46% to Rs 103.39 crore in the quarter ended September 2024 as against Rs 76.89 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales103.3976.89 34 OPM %8.179.86 - PBDT7.677.01 9 PBT6.636.00 11 NP4.824.52 7 Powered by Capital Market - Live
ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Net profit of ICE Make Refrigeration declined 30.78% to Rs 3.71 crore in the quarter ended June 2024 as against Rs 5.36 crore during the previous quarter ended June 2023. Sales rose 7.70% to Rs 85.23 crore in the quarter ended June 2024 as against Rs 79.14 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales85.2379.14 8 OPM %7.0710.34 - PBDT5.698.12 -30 PBT4.747.15 -34 NP3.715.36 -31 Powered by Capital Market - Live
ICE Make Refrigeration announced that the 15th Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live
ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 08 August 2024Powered by Capital Market - Live
Ice Make Refrigeration stock surges after monthly business updates
ICE Make Refrigeration standalone net profit declines 21.45% in the March 2021 quarter
ICE Make Refrigeration consolidated net profit declines 15.82% in the March 2021 quarter
Ice Make Refrigeration receives order of 4700MT Butter Cold Storage Project
ICE Make Refrigeration consolidated net profit declines 84.38% in the December 2020 quarter
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 23.48%, vs industry avg of 9.14%
Increasing Market Share
Over the last 5 years, market share increased from 0.24% to 0.43%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 28.53%, vs industry avg of -3.04%