Ice Make Refrigeration Ltd (ICEM)

Currency in INR
737.70
-1.95(-0.26%)
Closed·
ICEM Scorecard
Full Analysis
Has raised its dividend for 3 consecutive years
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Fair Value
Day's Range
730.05748.00
52 wk Range
575.151,088.75
Key Statistics
Bid/Ask
733.05 / 737.70
Prev. Close
737.7
Open
748
Day's Range
730.05-748
52 wk Range
575.15-1,088.75
Volume
10.02K
Average Volume (3m)
24.47K
1-Year Change
4.88%
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
Strong Sell
Moving Averages
Buy

Ice Make Refrigeration Ltd Company Profile

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.

Compare ICEM to Peers and Sector

Metrics to compare
ICEM
Peers
Sector
Relationship
P/E Ratio
64.8x21.4x12.7x
PEG Ratio
−2.410.740.03
Price/Book
9.4x2.4x1.4x
Price / LTM Sales
2.3x2.1x1.3x
Upside (Analyst Target)
-12.3%16.0%
Fair Value Upside
Unlock5.3%5.9%Unlock

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 11.39%
Dividend Yield
0.31%
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

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 11.61B.

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 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 300 employees.

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

As of 01 Sept 2025, Ice Make (ICEM) is trading at a price of 737.70, with a previous close of 737.70. The stock has fluctuated within a day range of 730.05 to 748.00, while its 52-week range spans from 575.15 to 1,088.75.
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