Ice Make Refrigeration Ltd logo

Ice Make Refrigeration Ltd (ICEMAKE) share fundamentals

IndustrialsElectrical Components & Equipmentssmall-capNSE / BSE

Ice Make Refrigeration Ltd is a small-cap company in Industrials (Electrical Components & Equipments) with a market capitalisation of ₹1,054 crore. Here is where it stands on valuation, profitability, debt and growth as of 5 November 2026, and how it compares with the median Industrials company.

Share price₹696
Market cap₹1,054 crore
PE ratio86.45x
ROCE13.2%
Debt / equity1.19x
1-year return-1.4%

Financial health score

41.3
Caution

Out of 100, across five pillars of reported fundamentals.

Profitability47
Debt & solvency32
Valuation3
Growth50
Governance89

What stands out

Ice Make Refrigeration Ltd vs the Industrials median

MetricICEMAKESector median
PE ratioprice paid for each rupee of yearly profit86.45x18.82xWeaker
Price to bookprice against the book value of assets7.95x1.96xWeaker
EV / EBITDAbusiness value against operating profit26.17x12.75xWeaker
Dividend yieldyearly dividend as a share of price0.3%0.5%Weaker
Return on equityprofit on shareholders’ money9.5%10.1%In line
ROCEprofit on all capital employed13.2%13.3%In line
Net profit marginprofit kept from each rupee of sales1.8%5.8%Weaker
Debt to equityborrowing against shareholders’ money1.19x0.26xWeaker
Interest coveragehow many times profit covers interest2.3x5.1xWeaker
Current ratioshort-term assets against short-term dues1.17x1.92xWeaker
Revenue growth (1Y)change in sales over a year39.2%12.5%Better
EPS growth (1Y)change in earnings per share over a year-47.3%7.1%Weaker
Promoter holdingshare owned by the founders or parent64.5%61%In line
Promoter pledgepromoter shares pledged as loan security5.3%0%Weaker
Betahow much it moves with the market1.281.09
1-year returnshare price change over 52 weeks-1.4%-14.6%
Want a plan built around your money?

Tell DecideChart your amount, timeline and target return, and AI builds a full A4 report with risks, scenarios and worst cases. Your first report is free.

Decide · where to investOpen on the chart

Other Industrials companies

See all Industrials stocks →

Frequently asked questions

What is the PE ratio of Ice Make Refrigeration Ltd?

Ice Make Refrigeration Ltd trades at a PE of 86.45x as of 5 November 2026, against a Industrials median of 18.82x. PE is the price paid for each rupee of yearly profit.

Is Ice Make Refrigeration Ltd debt free?

No. Ice Make Refrigeration Ltd has a debt-to-equity ratio of 1.19x, against a Industrials median of 0.26x.

What is the ROCE and ROE of Ice Make Refrigeration Ltd?

Ice Make Refrigeration Ltd has a return on capital employed of 13.2% and a return on equity of 9.5%. The Industrials medians are 13.3% and 10.1%.

What is the DecideChart health score of Ice Make Refrigeration Ltd?

Ice Make Refrigeration Ltd scores 41.3 out of 100, graded Caution. The score weighs profitability, debt, valuation, growth and governance from the company’s reported numbers. It is a research aid, not a recommendation.

Should I buy Ice Make Refrigeration Ltd shares?

DecideChart does not give buy or sell tips and is not linked to SEBI, BSE or NSE. Use these numbers for your own research, compare Ice Make Refrigeration Ltd with its Industrials peers, and consult a SEBI-registered adviser before investing.

Fundamentals from a public market-data screener, as of 5 November 2026. Figures can lag company filings. DecideChart is AI-based, not linked to SEBI, BSE or NSE, and does not give investment advice.