Ice Make Refrigeration Limited, together with its subsidiaries, manufactures refrigeration products and equipment in India. The company offers cold storage, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezer and chiller, glass door display chiller, ripening chamber, PUF/PIR panel and accessories, visi coolers, and refrigeration unit. It also provides commercial refrigeration, such as commercial, merchandizing, and reach-in freezers, curd incubation and mortuary chambers, bulk milk and mini blast freezer and chillers, ice cream plant and hardener, ice candy production machine, heat pump food dehydrator, vacuum freeze dryer, batch pasteurizer, and ageing vat; and industrial refrigeration, which includes chilling plant and ice building tank. In addition, the company offers transport refrigeration comprising of refrigerator, eutectic mobile, dry insulated, and MS corrugated refrigerated containers; and ammonia refrigeration, such as turnkey projects for cold storages and glycol and water chillers. It exports its products and offers it under the Ice Make, Bharat, and TransFreez brand names. The company serves dairy, ice cream, retail outlet, hotels and restaurants, hospitality, food processing, fruit ripening, horticulture/floriculture, agro, seed, plastic, pharmaceutical, chemical processing, biological and research, and logistics industries. Ice Make Refrigeration Limited was founded in 1989 and is headquartered in Gandhinagar, India.
Metrics to compare | ICEM | Peers Peers - average of corresponding metrics from companies closely matching ICEM: ATAM, ROLEXRINGS, HILTON, WALCHANNAG, 531233 | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipICEMPeersSector |
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P/E Ratio | 64.8x | 21.4x | 12.7x | |
PEG Ratio | −2.41 | 0.74 | 0.03 | |
Price/Book | 9.4x | 2.4x | 1.4x | |
Price / LTM Sales | 2.3x | 2.1x | 1.3x | |
Upside (Analyst Target) | - | 12.3% | 16.0% | |
Fair Value Upside | Unlock | 5.3% | 5.9% | Unlock |