Ice Make Refrigeration Ltd (ICEM)

Currency in INR
746.60
-1.60(-0.21%)
Closed·
ICEM Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
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Fair Value
Day's Range
740.10761.30
52 wk Range
575.151,088.75
Key Statistics
Bid/Ask
746.60 / 751.85
Prev. Close
748.2
Open
759.8
Day's Range
740.1-761.3
52 wk Range
575.15-1,088.75
Volume
14.51K
Average Volume (3m)
17.94K
1-Year Change
2.06%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Analysts Sentiment
Currently not supported.
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Buy
Moving Averages
Sell

Ice Make Refrigeration Ltd Company Profile

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.

Compare ICEM to Peers and Sector

Metrics to compare
ICEM
Peers
Sector
Relationship
P/E Ratio
65.5x19.6x12.6x
PEG Ratio
−2.440.600.03
Price/Book
9.5x3.3x1.4x
Price / LTM Sales
2.3x2.4x1.3x
Upside (Analyst Target)
-3.3%16.5%
Fair Value Upside
Unlock−9.1%4.8%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 11.39%
Dividend Yield
0.30%
Industry Median 0.51%
Annualised payout
2.25
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Aug 07, 2025
EPS / Forecast
-0.90 / --
Revenue / Forecast
1.12B / --
EPS Revisions
Last 90 days

ICEM Income Statement

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FAQ

What Stock Exchange Does Ice Make Trade On?

Ice Make is listed and trades on the India National Stock Exchange stock exchange.

What Is the Stock Symbol for Ice Make?

The stock symbol for Ice Make is "ICEM."

What Is the Ice Make Market Cap?

As of today, Ice Make market cap is 11.78B.

What Is Ice Make's Earnings Per Share (TTM)?

The Ice Make EPS (TTM) is 11.39.

From a Technical Analysis Perspective, Is ICEM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Ice Make Stock Split?

Ice Make has split 0 times.

How Many Employees Does Ice Make Have?

Ice Make has 432 employees.

What is the current trading status of Ice Make (ICEM)?

As of 04 Oct 2025, Ice Make (ICEM) is trading at a price of 746.60, with a previous close of 748.20. The stock has fluctuated within a day range of 740.10 to 761.30, while its 52-week range spans from 575.15 to 1,088.75.
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