Ice Make Refrigeration Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Ice Make Refrigeration Limited manufactures and supplies refrigeration products and equipment in India. The company offers its products under the categories of cold rooms and storage, commercial refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration products. It provides customized cooling solutions to various industries, including hospitality, frozen, dairy, horticulture, medicare, pharmaceuticals, retail, plastic, chemical, beverages, mineral water, ice cream, bakery, and other industries. The company also exports its products. Ice Make Refrigeration Limited was founded in 1989 and is based in Gandhinagar, India.
Key Metrics
PE ratio
27.01
PB ratio
3.19
Dividend yield
0.96%
Beta
0.60
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Specialty Industrial Machinery / Industrials |
|---|---|
| Website | https://www.icemakeindia.com |
| Mailing address | 226, Dantali Industrial Estate Gota-Vadsar Road Near Ahmedabad City Dantali, Taluka Kalol Gandhinagar 382721 India |
| Phone / Fax | 91 98 7910 7881 / 91 79 2754 0620 |
Dividends
Dividend yield
0.96%
Dividend amount
₹1.20
Payout ratio
25.81%
Ice Make Refrigeration Limited paid ₹1.20 dividend and the ex-dividend date was 16 Sept 2021.The dividend payout ratio is 25.81%. 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.
ICEMAKE's forward dividend amount is ₹1.2 and the forward dividend yield is 0.96%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Ice Make Refrigeration Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Chandrakant Popatbhai Patel | Chairman & MD | 53 | 2.02M |
| Mr. Rajendra Popatbhai Patel | Joint MD & Director | 51 | 2.02M |
| Mr. Vipulbhai Ishwarbhai Patel | Joint MD & Director | 46 | 2.02M |
| Mr. Ankit P. Patel | Chief Financial Officer | 33 | |
| Mr. Mandar B. Desai | Company Sec. & Compliance Officer | 29 | |
| Mr. Hiren Limbachiya | HR Head | ||
| Mr. Prabhu Vanol | QA & QC Head |
Profitability and management effectiveness
Profit margin
3.54%
Operating margin
5.58%
Return on assets
6.20%
Return on equity
12.41%
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 and its enterprise value is .
The ICEMAKE's stocks Beta value is 0.60 making it 40% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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 ₹126.35.
3. How can I contact Ice Make Refrigeration Limited?
Ice Make Refrigeration Limited's mailing address is 226, Dantali Industrial Estate Gota-Vadsar Road Near Ahmedabad City 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.