Ice Make Refrigeration Limited Share Price and Company Fundamentals
Last traded: Today at 9:59 AM
Ice Make Refrigeration Limited, together with its subsidiaries, manufactures and supplies refrigeration products and equipment under the Ice Make, Bharat, and TransFreez brands in India. The company offers cold storage products, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezers and chillers, glass door display chillers, ripening chambers, cold room PUF panel and accessories, and cold room refrigeration units; and chest freezers and visi coolers. It also provides commercial refrigeration consisting of dairy processing plant solutions; curd incubation and mortuary chambers; ice cream plants; bulk milk chillers; batch pasteurizers; ageing vat; ice candy production machines; ice cream hardeners; mini blast freezers and chillers; heat pump food dehydrators; vacuum freeze dryers; and commercial, reach-in, and merchandising freezers. In addition, the company offers continuous sandwich PUF panels; industrial refrigeration products, including chilling plants and ice building tanks; transport refrigeration products comprising refrigerator, eutectic mobile, dry insulated, and MS corrugated refrigerated containers; and ammonia refrigeration products, such as turnkey projects for cold storages, and glycol and water chillers. It sells its products through dealers. The company exports its products to approximately 24 countries. It serves the dairy, agriculture, cold chain, food processing, retail, pharmaceutical, ice cream, hospitality, hospital, logistics, chemical, and e-commerce industries. Ice Make Refrigeration Limited was founded in 1989 and is headquartered in Gandhinagar, India.
Key Metrics
PE ratio
94.75
PB ratio
10.83
Dividend yield
0.27%
Beta
-0.74
Market cap
₹13.07B
Enterprise value
₹14.74B
Company profile
| Industry / Sector | Specialty Industrial Machinery / Industrials |
|---|---|
| Full time employees | 432 |
| Website | https://www.icemakeindia.com |
| Mailing address | 226, Dantali Industrial Estate On Gota-Vadasar Road Near Ahmedabad City At Dantali, Taluka Kalol Gandhinagar 382721 India |
| Phone / Fax | 91 98 7910 7881 / 91 27 6424 8376 |
Dividends
Dividend yield
0.27%
Dividend amount
₹2.25
Payout ratio
25.74%
5Y Avg. yield
-%
Ice Make Refrigeration Limited paid ₹2.25 dividend and the ex-dividend date was 19 Sep 2025.The dividend payout ratio is 25.74%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ICEMAKE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Ice Make Refrigeration Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Chandrakant Popatbhai Patel | Co-Founder, Chairman & MD | 57 | |
| Mr. Rajendra Popatbhai Patel | Co-Founder, Joint MD & Director | 55 | |
| Mr. Vipulbhai Ishwarbhai Patel | Co-Founder, Joint MD & Director | 50 | |
| Mr. M. Srinivas Reddy | Chief Executive Officer | ||
| Mr. Ankit P. Patel | Chief Financial Officer | 37 | |
| Mr. Mandar B. Desai | Company Secretary & Compliance Officer | 33 | |
| Mr. Hiren Limbachiya | HR Head | ||
| Mr. Prabhu Vanol | QA & QC Head | ||
| Mr. Devarsh Chandrakantbhai Patel | Divisional Head of Commercial Refrigeration Division | 25 | |
| Mr. Deep Rajendrabhai Patel | Product Head of Continuous Sandwich Panels Division | 26 |
Profitability and management effectiveness
Profit margin
2.33%
Operating margin
3.67%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Ice Make Refrigeration Limited is 13.07B and its enterprise value is 14.74B. The enterprise value to revenue ratio of ICEMAKE is 2.49. The enterprise value to EBITDA ratio of ICEMAKE is 37.41.
Ice Make Refrigeration Limited (NSE:ICEMAKE) Frequently Asked Questions
1. What is Ice Make Refrigeration Limited's Stock Symbol?
Ice Make Refrigeration Limited trades on NSE under the ticker symbol "ICEMAKE".
2. What is Ice Make Refrigeration Limited's stock price today?
One share of ICEMAKE stock can currently be purchased for approximately ₹828.1.
3. How can I contact Ice Make Refrigeration Limited?
Ice Make Refrigeration Limited's mailing address is 226, Dantali Industrial Estate On Gota-Vadasar Road Near Ahmedabad City At Dantali, Taluka Kalol Gandhinagar 382721 India. The company can be reached via phone at 91 98 7910 7881.
4. What is Ice Make Refrigeration Limited's official website?
The official website of Ice Make Refrigeration Limited is https://www.icemakeindia.com.