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Ice Make Refrigeration Ltd share price and stock overview

Ice Make Refrigeration Ltd (NSE: ICEMAKE, BSE: 535034) operates in the Engineering sector. The stock has an ISIN of INE520Y01019 and a face value of Rs 10. As of 27 September 2026, it trades at Rs (663.80) with a market capitalisation of Rs 1047.46 crore. Figures are live and subject to change.

Ice Make Refrigeration Ltd

Engineering
NSE BSE
663.80 -13.40 (-1.98%) downArrowC
As on: 27-Sep-2026 , 05:24 PM
Market Cap(₹Cr) 1047.46
Book Value(₹Cr) 86.2243472
BSE Code : 535034 NSE Symbol : ICEMAKE EPS(TTM) : 6.89 ISIN Demat : INE520Y01019 P/E(TTM) : 96.34 Face Value(₹) : 10 Div & Yield % : 0.34

Today Market

Stock Performance

Today Market

Today's High

73,968.05

Todday's Low

73,477.77

Open at

73,525.92

Previous Close

73,580.54

Volumes

Avg Price

315.20

Historical Performance

News

25 Jul 26
ICE Make Refrigeration to conduct EGM
ICE Make Refrigeration announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 19 August 2026.
22 Jul 26
ICE Make Refrigeration to consider Fund Raising
ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 24 July 2026.
01 Jun 26
ICE Make Refrigeration consolidated net profit declines 13.66% in the March 2026 quarter
Net profit of ICE Make Refrigeration declined 13.66% to Rs 10.11 crore in the quarter ended March 2026 as against Rs 11.
30 May 26
ICE Make Refrigeration standalone net profit declines 15.63% in the March 2026 quarter
Net profit of ICE Make Refrigeration declined 15.63% to Rs 9.72 crore in the quarter ended March 2026 as against Rs 11.

Historical Prices

Share Price Chart

Historical Share Price

From Date:
To Date:     
Date Open Price (₹) High Price(₹) Low Price(₹) Close Price(₹) Total Volume No of Trades Net Turnover(₹) NIFTY
25-09-26 666.90 670.00 647.50 663.80 64841 3369 42837501.60 23140.50
24-09-26 695.20 704.65 674.00 677.20 45798 4127 31460549.20 23063.10
23-09-26 700.00 710.95 696.00 699.45 17987 1358 12653302.90 23446.80
22-09-26 693.00 709.00 689.90 702.10 14608 1196 10214143.05 23329.00
21-09-26 682.45 695.60 682.45 693.70 11131 3914 7695217.60 23414.30
18-09-26 668.00 694.00 668.00 685.60 53006 2403 36123281.00 23346.40
17-09-26 676.00 689.70 664.90 668.90 39574 7712 26678792.40 23270.60
16-09-26 690.30 690.40 668.20 671.80 43401 10249 29398919.20 23217.60
15-09-26 728.00 728.00 691.25 695.55 33055 2124 23375382.40 23118.60
11-09-26 727.00 739.00 721.00 730.10 11852 790 8643041.00 23398.10
123...

Fundamentals

Company Valuation

Market Cap (₹cr)

1047.46

PE Ratio

96.34

PB Ratio

7.70

Dividend Yield

0.34

ROE

8.24

ROCE

10.68

Book Value (₹)

86.2243472

Face Value (₹)

10

Share Holding Pattern

Category of Shareholder No of Shares % Share Holdings Demat Shares Share Holders
plus  Promoter & Group
plus  Foreign
Foreign (Promoter & Group) - Bodies Corporate 0 0.00 0 0
Foreign (Promoter & Group)-Individuals (Non-Resident / Foreign) 0 0.00 0 0
Foreign Promoter(Institutional) 0 0.00 0 0
Promoter Others 0 0.00 0 0
Sub Total 0 0.00 0 0
plus  Indian
Bodies Corporate-Indian (Promoter & Group) 0 0.00 0 0
Government(Central / State)-Indian (Promoter & Group) 0 0.00 0 0
Directors & their Relatives-Indian (Promoter & Group) 0 0.00 0 0
Financial Institutions / Banks-Indian (Promoter & Group) 0 0.00 0 0
Individuals / Hindu Undivided Family-Indian (Promoter & Group) 11707973 74.20 11707973 13
Partnership Firms-Indian (Promoter & Group) 0 0.00 0 0
Persons Acting in Concert 0 0.00 0 0
Trusts 0 0.00 0 0
Others 0 0.00 0 0
Sub Total 11707973 74.20 11707973 13
Total ShareHolding for Promoter & Group 11707973 74.20 11707973 13
plus   Publice Share Holding
plus  Institution
Government(Central / State) 0 0.00 0 0
Clearing Members 0 0.00 0 0
Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
Financial Institutions / Banks 0 0.00 0 0
Foreign Bank 0 0.00 0 0
Foreign Bodies Corporate/OCBs/FBC 0 0.00 0 0
Foreign Collaborators 0 0.00 0 0
Foreign Institutional Investors 48420 0.31 48420 5
Foreign Venture Capital Investors 0 0.00 0 0
Foreign Institution Other 0 0.00 0 0
Insurance Companies 0 0.00 0 0
Mutual Funds / UTI 0 0.00 0 0
Individuals (Non-Resident / Foreign) 0 0.00 0 0
NSDL Intransit 0 0.00 0 0
Others 218442 1.38 218442 2
Trusts 0 0.00 0 0
Venture Capital Funds 0 0.00 0 0
Sub total 266862 1.69 266862 7
plus  Non Institution
Bodies Corporate 179981 1.14 179981 78
Clearing Members 3499 0.02 3499 5
Directors & their Relatives 0 0.00 0 0
Employees 0 0.00 0 0
Escrow Account 0 0.00 0 0
Foreign Corporate Bodies 0 0.00 0 0
Foreign Direct Investments 0 0.00 0 0
NRIs/Foreign Individuals/Foreign Nationals 119354 0.76 119354 377
Foreign Non Institution Other 0 0.00 0 0
Hindu Undivided Families 124330 0.79 124330 358
Indian Public 0 0.00 0 0
Individuals holding nominal share capital in excess of Rs. 1 lakh 394866 2.50 394866 6
Individuals holding nominal share capital up to Rs. 1 lakh 2976538 18.86 2976536 22764
Market Maker 0 0.00 0 0
NSDL Transit 0 0.00 0 0
Shares in transit 0 0.00 0 0
Societies 0 0.00 0 0
Trust & Foundation 0 0.00 0 0
Others 3400 0.02 3400 2
Sub Total 3804900 24.11 3804898 23596
Total Public Shareholding 4071762 25.80 4071760 23603
Total of Promoter & Public ShareHolding 15779735 100.00 15779733 23616
plus  Shares held by Custodians and against which Depository Receipts have been issued
ADR 0 0.00 0 0
GDR 0 0.00 0 0
Other Custodians 0 0.00 0 0
Total Shares held by Custodians and against which Depository Receipts have been issued 0 0.00 0 0
Grand Total 15779735 100.00 15779733 23616

Financials (₹ in cr)

Consolidated Standalone
Year EndMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Net Sales668.20479.52378.38312.21206.10
OPM (%)2.456.479.308.994.76
OP16.3931.0235.2028.089.82
Other Income0.720.900.621.120.71
PBIDT46.0443.4441.3933.2315.19
INTEREST12.594.122.121.251.73
PBDT33.4539.3239.2731.9813.46
PBT16.3931.0235.2028.089.82
EO0.000.000.000.000.00
PBT after EO16.3931.0235.2028.089.82
TAXES4.268.119.067.282.50
PAT12.1923.1126.2520.807.32
EPS7.7314.6516.6413.194.65
Raw Material73.9971.7269.4469.1371.63
Power and Fuel0.430.440.350.350.38
Employee Cost5.485.405.174.876.34
Other Manufacturing Expenses0.150.160.140.180.23
Selling and Administration Expenses6.355.606.015.576.05
Miscellaneous Expenses0.950.820.650.921.00
Revenue (Growth %) 39.3526.7321.2051.4953.06
PBIDT (Growth %)5.984.9724.53118.8531.46
PAT (Growth %) -47.25-11.9726.21184.16102.62
PBIDT (Margin %)6.899.0610.9410.657.37
PAT (Margin %) 1.824.826.946.663.55

Balance Sheet (₹ in cr)

Particulars (Sources Of Funds)Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Share Capital 15.7815.7815.7815.7815.7015.67
Reserves Total 120.28112.6292.6769.2349.6243.51
Equity Share Warrants0.000.000.000.000.000.00
Equity Application Money0.000.000.000.000.000.00
Total Shareholders Funds136.06128.40108.4585.0165.3259.18
Secured Loans 149.1776.7722.581.467.036.36
Unsecured Loans 7.165.801.331.691.551.16
Total Debt156.3382.5723.913.158.587.52
Other Liabilities1.192.650.881.110.801.00
Total Liabilities293.58213.62133.2489.2774.7067.70
APPLICATION OF FUNDS :
Gross Block 185.00161.2972.1352.6649.0144.03
Less : Accumulated Depreciation 47.8631.7326.0222.8419.7217.86
Less:Impairment of Assets0.000.000.000.000.000.00
Net Block 137.14129.5646.1129.8229.2926.17
Lease Adjustment0.000.000.000.000.000.00
Capital Work in Progress25.285.6911.880.140.000.97
Producing Properties0.000.000.000.000.000.00
Investments 3.383.383.388.013.363.36
Current Assets, Loans & Advances
Inventories 140.39101.5553.0746.5944.3134.80
Sundry Debtors 155.1594.7868.4454.6434.2927.24
Cash and Bank Balance6.444.108.179.451.931.19
Loans and Advances 24.4814.696.014.003.906.57
Total Current Assets326.45215.12135.68114.6784.4269.80
Less : Current Liabilities and Provisions
Current Liabilities 205.31149.9874.2367.8547.8939.16
Provisions 2.191.491.830.900.470.12
Total Current Liabilities & Provisions207.50151.4776.0668.7548.3639.27
Net Current Assets118.9663.6559.6245.9236.0730.52
Miscellaneous Expenses not written off 0.000.000.000.000.000.00
Deferred Tax Assets0.570.000.070.060.060.21
Deferred Tax Liability0.000.090.000.110.000.16
Net Deferred Tax0.57-0.090.07-0.050.060.05
Other Assets8.2511.4312.185.445.946.63
Total Assets293.58213.62133.2489.2874.7267.71
Contingent Liabilities20.3323.6010.158.176.162.03

Cash Flow (₹ in cr)

Yearly Cash FlowMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Financing Activities -3.36-8.4316.0748.8853.90
Investing Activities -5.27-13.14-22.33-83.82-39.39
Net Cash Flow 0.060.733.67-4.560.97
Operating Activities 8.6922.309.9430.39-13.54

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Corporate Actions

Bonus Dividends Splits
DateCorporate ActionInformation
No Corporate Actions Announced

Board of Directors

Chairman & Chief Executive Officer
CPP
Chandrakant P Patel
Chairman / Executive Director / M D / Promoter
Executive
Independent Directors
DRK
Darsha R Kikani
Independent Non Exe. Director
Ind.
HPP
Harshadrai P Pandya
Independent Non Exe. Director
Ind.
KLP
Krishnakant L Patel
Independent Non Exe. Director
Ind.
Other Officials
RPP
Rajendra P Patel
ED / Joint MD / Promoter
Board
VIP
Vipul I Patel
ED / Joint MD / Promoter
Board
MD
Mandar Desai
Company Sec. & Compli. Officer
Board

Frequently Asked Questions

What is the NSE symbol and BSE code for Ice Make Refrigeration Ltd? −

Ice Make Refrigeration Ltd trades on NSE under ICEMAKE and on BSE under code 535034. The ISIN is INE520Y01019 and the face value is Rs 10.

What is the share price of Ice Make Refrigeration Ltd today? +

As of 27 September 2026, Ice Make Refrigeration Ltd trades at Rs 663.80, a change of -13.40 (-1.98%) on the day. Prices are live and subject to change.

What is the market capitalisation of Ice Make Refrigeration Ltd? +

As of 27 September 2026, Ice Make Refrigeration Ltd has a market cap of about Rs 1047.46 crore. This figure is live and moves with the share price.

Is Ice Make Refrigeration Ltd profitable? +

In March 2026, Ice Make Refrigeration Ltd reported a profit after tax of Rs 12.19 crore. The wording switches to "a net loss of Rs X crore" when the figure is negative.

What is the PE ratio of Ice Make Refrigeration Ltd? +

: As of 27 September 2026, the PE (TTM) for Ice Make Refrigeration Ltd is 96.34 and the price-to-book ratio is 7.70. When the PE shows zero, state that PE TTM is currently not applicable and give the PB only.

Does Ice Make Refrigeration Ltd pay a dividend? +

As of 27 September 2026, the dividend yield for Ice Make Refrigeration Ltd is 0.34%. The wording switches to "does not currently pay a dividend" when the yield is zero.

What is the shareholding pattern of Ice Make Refrigeration Ltd? +

As of the latest disclosed pattern, promoters hold 74.20% of Ice Make Refrigeration Ltd. Public shareholding is 25.80%, including mutual funds at 0.00% and foreign institutional investors at 0.31%.

What were the latest annual financials of Ice Make Refrigeration Ltd? +

In March 2026, Ice Make Refrigeration Ltd reported net sales of Rs 668.20 crore, revenue growth of 39.35%, and earnings per share of Rs 7.73.