Ice Make Refrigeration - 2026 Company Profile, Team

About Ice Make Refrigeration

Ice Make Refrigeration is a publicly listed company based in Ahmedabad (India) founded in 1993. Industrial refrigeration systems and related products are manufactured. The company has 229 employees. Its Indian entity Ice Make Refrigeration Limited reported revenue of ₹669 Cr. Its focus areas include Industrial Goods and Manufacturing, Industrial Air Conditioning Systems, Manufacturers and Horizontal.

Company details

Ice Make Refrigeration was founded in 1993 and is headquartered in Ahmedabad, India. Operations are centered on the production of industrial refrigeration systems, including cold storage units, chillers, and associated components for commercial and industrial applications. The company serves sectors such as food processing, pharmaceuticals, and logistics. Products are distributed primarily within India, with a focus on energy-efficient and customized solutions. The online presence is maintained through the domain icemakeindia.com.

Headquarters Ahmedabad, India
Employees 229
Stage Public
Sectors
Industrial Goods & Manufacturing
Website icemakeindia.com
Social LinkedIn
Legal Name Ice Make Refrigeration Ltd.

Operational Areas

Industrial Goods & Manufacturing → Industrial HVAC Systems

Key Metrics

Market Cap
₹1,276 Cr
ICEMAKE · NSE
Share Price
₹689.55
-1.90% today
Revenue
₹668 Cr
FY 2025-26 · +39.4% YoY
EBITDA
₹45.32 Cr
Margin 6.8%
Net Profit
₹12.19 Cr
FY 2025-26 · -47.4% YoY
P/E (TTM)
98.7x
P/B 4.0x
Employee Count
229

Associated legal entities of Ice Make Refrigeration

Ice Make Refrigeration operates through Ice Make Refrigeration Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.

Legal entity	Status	Incorporated	Registered in	Revenue (FY 2026)	Employees	Directors	Company page
Ice Make Refrigeration Limited Listed CIN L29220GJ2009PLC056482	Active	31 Mar 2009	Ahmedabad, Gujarat	₹669 Cr	161	8	View details

Board of directors of Ice Make Refrigeration Limited (Ice Make Refrigeration)

Ice Make Refrigeration Limited is the primary company behind Ice Make Refrigeration. The board of Ice Make Refrigeration Limited currently have 6 directors; the longest-serving is Chandrakant Popatbhai Patel, appointed in 2009. 2 earlier directors have ceased.

Director	Designation	Appointed	Tenure	Entity
Chandrakant Popatbhai Patel DIN 02441116	Managing Director	31 Mar 2009	17 yrs 7 mo	Ice Make Refrigeration Limited
Rajendrabhai Popatbhai Patel DIN 02441138	Managing Director	31 Mar 2009	17 yrs 7 mo	Ice Make Refrigeration Limited
Vipulbhai Ishwarbhai Patel DIN 02473121	Managing Director	31 Mar 2009	17 yrs 7 mo	Ice Make Refrigeration Limited
Darsha Kikani DIN 00155791	Director	05 Sep 2017	9 yrs 2 mo	Ice Make Refrigeration Limited
Harshadrai Premshanker Pandya DIN 03372010	Director	05 Sep 2017	9 yrs 2 mo	Ice Make Refrigeration Limited
Krishnakant Laljibhai Patel DIN 01336433	Director	05 Sep 2017	9 yrs 2 mo	Ice Make Refrigeration Limited

IPO & Listings of Ice Make Refrigeration

Ice Make Refrigeration is a publicly listed company on the NSE with ticker symbol ICEMAKE in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

IPO date12 Oct 2020
Listed onNSE: ICEMAKE
Listed entityIce Make Refrigeration Ltd.
Exchange sectorProducer manufacturing
ISININE520Y01019
Share price₹666.40 (-1.13% on the day) · 2026-10-14
Market capitalisation₹1,223 Cr
Price to earnings87.8
EPS (diluted, trailing year)₹7.59
Dividend yield0.33%
Volume (last session)9,143

Financials of Ice Make Refrigeration

Exchange-reported figures of Ice Make Refrigeration Limited, the listed company behind Ice Make Refrigeration (NSE: ICEMAKE).

Financial Highlights

FY 2025-26 · Consolidated

Revenue

₹668 Cr

+39.3% YoY

EBITDA

₹45.32 Cr

+6.5% YoY

Profit After Tax

₹12.19 Cr

-47.4% YoY

Net Worth

-

Total Assets

-

Total Debt

-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	668	480	378	312	206	135	138
Revenue growth	+39.4%	+26.7%	+21.2%	+51.5%	+53.1%	-2.2%	-
EBITDA	45.32	42.56	40.77	32.11	14.48	10.32	12.65
EBITDA margin	+6.8%	+8.9%	+10.8%	+10.3%	+7.0%	+7.7%	+9.2%
Profit before tax	16.39	31.03	35.19	28.07	9.82	5.27	7.73
Net profit	12.19	23.18	26.21	20.79	7.29	3.60	5.68
Net profit margin	+1.8%	+4.8%	+6.9%	+6.7%	+3.5%	+2.7%	+4.1%
EPS (₹)	7.73	14.65	16.64	13.18	4.66	2.31	3.64
Balance sheet
Total assets	-	212	132	87.19	73.59	67.25	70.92
Net worth	-	124	104	81.13	61.68	56.31	53.55
Total debt	-	85.94	27.25	4.86	11.02	9.87	17.31
Cash & bank	-	4.42	8.63	9.95	2.46	1.46	1.96
Net working capital	-	66.50	60.97	47.41	38.87	32.65	35.80
Cash flow
Cash from operations	-	29.97	10.38	24.35	8.31	12.35	(0.91)
Cash from investing	-	(83.35)	(23.30)	(14.29)	(4.82)	(3.32)	(7.40)
Cash from financing	-	48.67	16.72	(9.27)	(3.42)	(9.24)	6.14

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	179	256	153	147	112	180	111	103
Revenue growth (YoY)	+60.4%	+41.9%	+38.7%	+42.7%	+30.8%	-	-	-
Other income	0.11	0.38	0.13	0.09	0.13	0.46	0.22	0.12
EBITDA	2.98	21.39	9.91	9.62	4.40	21.38	6.68	8.46
EBITDA margin	+1.7%	+8.4%	+6.5%	+6.5%	+3.9%	+11.9%	+6.0%	+8.2%
Depreciation	2.05	4.49	4.28	4.20	4.08	4.16	2.15	1.04
Interest	3.27	3.72	3.85	2.73	2.29	1.63	1.15	0.90
Profit before tax	(2.23)	13.56	1.91	2.78	(1.84)	16.05	3.60	6.64
Tax	(0.58)	3.44	0.45	0.75	(0.37)	4.40	0.79	1.84
Net profit	(1.65)	10.12	1.46	2.03	(1.47)	11.65	2.81	4.80
EPS (₹)	(1.04)	6.41	0.93	1.28	(0.90)	7.42	1.82	3.05

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	667	472	370	303	200	131	136
Revenue growth	+41.5%	+27.7%	+22.1%	+51.2%	+52.3%	-3.3%	-
EBITDA	42.67	41.70	40.22	31.32	14.44	10.51	14.11
EBITDA margin	+6.4%	+8.8%	+10.9%	+10.4%	+7.2%	+8.0%	+10.4%
Profit before tax	14.71	31.42	35.84	28.41	10.89	6.47	9.07
Net profit	10.90	23.27	26.58	21.05	8.08	4.49	6.67
Net profit margin	+1.6%	+4.9%	+7.2%	+7.0%	+4.0%	+3.4%	+4.9%
EPS (₹)	6.90	14.72	16.87	13.34	5.16	2.87	4.26
Balance sheet
Total assets	294	214	133	89.28	74.71	67.70	69.58
Net worth	136	128	108	85.01	65.32	59.18	55.24
Total debt	156	82.57	23.91	3.15	8.58	7.52	14.03
Cash & bank	6.44	4.10	8.17	9.45	1.93	1.19	1.52
Net working capital	119	63.65	59.63	45.93	36.07	30.52	32.88
Cash flow
Cash from operations	(13.54)	30.39	9.94	22.30	8.69	12.03	(1.59)
Cash from investing	(39.39)	(83.82)	(22.33)	(13.14)	(5.27)	(3.50)	(6.84)
Cash from financing	53.90	48.88	16.07	(8.43)	(3.36)	(8.73)	6.23

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	176	254	153	149	112	179	109	101
Revenue growth (YoY)	+57.4%	+42.0%	+41.0%	+46.7%	+34.5%	-	-	-
Other income	0.18	0.38	0.27	0.15	0.26	0.61	0.34	0.27
Total expenses	173	233	144	140	108	158	102	93.14
EBITDA	3.15	20.62	9.24	8.63	4.19	20.77	6.62	8.24
EBITDA margin	+1.8%	+8.1%	+6.0%	+5.8%	+3.7%	+11.6%	+6.1%	+8.1%
Depreciation	1.99	4.39	4.18	4.09	3.98	4.04	2.03	0.92
Interest	3.26	3.60	3.82	2.72	2.26	1.50	1.11	0.87
Profit before tax	(1.92)	13.01	1.51	1.97	(1.79)	15.84	3.82	6.72
Tax	(0.50)	3.30	0.39	0.52	(0.40)	4.32	0.85	1.83

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	179	256	153	147	112	180	111	103
Revenue growth (YoY)	+60.4%	+41.9%	+38.7%	+42.7%	+30.8%	-	-	-
Other income	0.11	0.38	0.13	0.09	0.13	0.46	0.22	0.12
EBITDA	2.98	21.39	9.91	9.62	4.40	21.38	6.68	8.46
EBITDA margin	+1.7%	+8.4%	+6.5%	+6.5%	+3.9%	+11.9%	+6.0%	+8.2%
Depreciation	2.05	4.49	4.28	4.20	4.08	4.16	2.15	1.04
Interest	3.27	3.72	3.85	2.73	2.29	1.63	1.15	0.90
Profit before tax	(2.23)	13.56	1.91	2.78	(1.84)	16.05	3.60	6.64
Tax	(0.58)	3.44	0.45	0.75	(0.37)	4.40	0.79	1.84
Net profit	(1.65)	10.12	1.46	2.03	(1.47)	11.65	2.81	4.80
EPS (₹)	(1.04)	6.41	0.93	1.28	(0.90)	7.42	1.82	3.05

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	668	480	378	312	206	135	138
Revenue growth	+39.4%	+26.7%	+21.2%	+51.5%	+53.1%	-2.2%	-
Other income	0.72	0.90	0.62	1.12	0.71	1.22	0.37
Total expenses	623	437	338	280	192	124	125
Employee cost	0.00	24.61	18.29	14.41	12.27	10.48	11.09
EBITDA	45.32	42.56	40.77	32.11	14.48	10.32	12.65
EBITDA margin	+6.8%	+8.9%	+10.8%	+10.3%	+7.0%	+7.7%	+9.2%
Depreciation	17.06	8.31	4.08	3.91	3.64	4.37	3.48
Interest	12.59	4.12	2.12	1.25	1.73	1.90	1.81
Profit before tax	16.39	31.03	35.19	28.07	9.82	5.27	7.73
Tax	4.26	8.11	9.07	7.27	2.50	1.67	2.04
Net profit	12.19	23.18	26.21	20.79	7.29	3.60	5.68
Net profit margin	+1.8%	+4.8%	+6.9%	+6.7%	+3.5%	+2.7%	+4.1%
EPS (₹)	7.73	14.65	16.64	13.18	4.66	2.31	3.64

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	-	15.78	15.78	15.78	15.70	15.67	15.67
Reserves & surplus	-	108	88.41	65.35	45.98	40.64	37.88
Shareholders' funds (net worth)	-	124	104	81.13	61.68	56.31	53.55
Minority interest	-	(0.32)	(0.11)	0.00	0.00	0.00	0.00
Secured loans	-	76.77	22.58	1.46	7.03	6.36	12.69
Unsecured loans	-	9.17	4.67	3.40	3.99	3.51	4.62
Total debt	-	85.94	27.25	4.86	11.02	9.87	17.31
Total liabilities	-	212	132	87.19	73.59	67.25	70.92
Assets
Gross block	-	167	78.30	56.35	53.29	48.13	45.70
Net block	-	133	50.24	32.37	32.23	29.74	26.82
Capital work in progress	-	5.69	11.95	0.14	0.00	0.97	0.00
Investments	-	0.01	0.01	4.65	0.00	0.00	0.00
Inventories	-	108	59.91	51.56	50.05	40.01	37.50
Sundry debtors	-	93.96	64.98	53.56	33.66	24.92	25.95
Cash & bank balances	-	4.42	8.63	9.95	2.46	1.46	1.96
Loans & advances	-	15.36	6.62	4.18	4.15	6.81	4.24
Total current assets	-	222	140	119	90.32	73.20	69.65
Total current liabilities	-	155	79.17	71.84	51.45	40.55	33.85
Net working capital	-	66.50	60.97	47.41	38.87	32.65	35.80
Total assets	-	212	132	87.19	73.59	67.25	70.92

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	-	5.08	1.28	0.49	0.42	0.62	4.01
Net cash from operating activities	-	29.97	10.38	24.35	8.31	12.35	(0.91)
Net cash from investing activities	-	(83.35)	(23.30)	(14.29)	(4.82)	(3.32)	(7.40)
Net cash from financing activities	-	48.67	16.72	(9.27)	(3.42)	(9.24)	6.14
Net change in cash	-	(4.70)	3.80	0.79	0.07	(0.20)	(2.17)
Closing cash	-	4.42	8.63	9.95	2.46	1.46	1.96

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	+39.4%	+26.7%	+21.2%	+51.5%	+53.1%	-2.2%	-
EBITDA growth	+6.5%	+4.4%	+27.0%	+121.8%	+40.3%	-18.4%	-
PBT growth	-47.2%	-11.8%	+25.4%	+185.9%	+86.3%	-31.8%	-26.7%
Net income growth	-47.4%	-11.6%	+26.1%	+185.2%	+102.5%	-36.6%	-
Revenue CAGR (3Y)	+28.9%	+32.5%	+41.1%	+31.4%	+16.1%	+9.4%	+16.1%
EBITDA CAGR (3Y)	+12.2%	+43.2%	+58.1%	+36.4%	+1.6%	-6.7%	+8.2%
Profitability & leverage
Net income margin	+1.8%	+4.8%	+6.9%	+6.7%	+3.6%	+2.7%	+4.1%
Return on capital employed	-	+20.4%	+34.0%	+36.5%	+16.4%	+10.4%	+15.4%
Return on net worth	-	+20.1%	+28.2%	+29.1%	+12.4%	+6.6%	+11.0%
Debt / equity	-	0.50	0.17	0.11	0.18	0.25	0.20
Long-term debt / equity	-	0.34	0.16	0.06	0.08	0.09	0.07
Interest cover	44.55	12.03	5.78	4.43	15.96	31.93	19.74
Efficiency & per share
Fixed asset turnover	-	3.91	5.62	5.70	4.06	2.87	4.00
Inventory turnover	-	5.71	6.79	6.15	4.58	3.47	4.86
Debtors turnover	-	6.03	6.38	7.16	7.04	5.29	6.78
EPS (₹)	7.73	14.65	16.64	13.18	4.66	2.31	3.64
Dividend per share (₹)	2.25	2.25	2.00	1.80	1.20	1.20	1.20
Book value per share (₹)	0.00	78.60	66.03	51.41	39.28	35.93	34.17

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	176	254	153	149	112	179	109	101
Revenue growth (YoY)	+57.4%	+42.0%	+41.0%	+46.7%	+34.5%	-	-	-
Other income	0.18	0.38	0.27	0.15	0.26	0.61	0.34	0.27
Total expenses	173	233	144	140	108	158	102	93.14
EBITDA	3.15	20.62	9.24	8.63	4.19	20.77	6.62	8.24
EBITDA margin	+1.8%	+8.1%	+6.0%	+5.8%	+3.7%	+11.6%	+6.1%	+8.1%
Depreciation	1.99	4.39	4.18	4.09	3.98	4.04	2.03	0.92
Interest	3.26	3.60	3.82	2.72	2.26	1.50	1.11	0.87
Profit before tax	(1.92)	13.01	1.51	1.97	(1.79)	15.84	3.82	6.72
Tax	(0.50)	3.30	0.39	0.52	(0.40)	4.32	0.85	1.83

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	667	472	370	303	200	131	136
Revenue growth	+41.5%	+27.7%	+22.1%	+51.2%	+52.3%	-3.3%	-
Other income	1.06	1.43	0.98	1.55	1.03	1.17	0.81
Total expenses	625	430	329	271	186	121	122
Employee cost	0.00	22.72	16.66	13.03	11.17	9.51	10.34
EBITDA	42.67	41.70	40.22	31.32	14.44	10.51	14.11
EBITDA margin	+6.4%	+8.8%	+10.9%	+10.4%	+7.2%	+8.0%	+10.4%
Depreciation	16.63	7.82	3.51	3.31	3.01	3.55	3.95
Interest	12.39	3.89	1.85	1.15	1.57	1.66	1.90
Profit before tax	14.71	31.42	35.84	28.41	10.89	6.47	9.07
Tax	3.81	8.20	9.23	7.35	2.78	1.98	2.39
Net profit	10.90	23.27	26.58	21.05	8.08	4.49	6.67
Net profit margin	+1.6%	+4.9%	+7.2%	+7.0%	+4.0%	+3.4%	+4.9%
EPS (₹)	6.90	14.72	16.87	13.34	5.16	2.87	4.26

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	15.78	15.78	15.78	15.78	15.70	15.67	15.67
Reserves & surplus	120	113	92.67	69.23	49.62	43.51	39.57
Shareholders' funds (net worth)	136	128	108	85.01	65.32	59.18	55.24
Secured loans	149	76.77	22.58	1.46	7.03	6.36	12.22
Unsecured loans	7.16	5.80	1.33	1.69	1.55	1.16	1.81
Total debt	156	82.57	23.91	3.15	8.58	7.52	14.03
Total liabilities	294	214	133	89.28	74.71	67.70	69.58
Assets
Gross block	185	161	72.13	52.66	49.01	44.03	40.83
Net block	137	130	46.11	29.82	29.29	26.17	25.80
Capital work in progress	25.28	5.69	11.88	0.14	0.00	0.97	0.00
Investments	3.38	3.38	3.38	8.01	3.36	3.36	3.36
Inventories	140	102	53.07	46.59	44.31	34.80	32.40
Sundry debtors	155	94.78	68.44	54.64	34.29	27.24	27.43
Cash & bank balances	6.44	4.10	8.17	9.45	1.93	1.19	1.52
Loans & advances	24.48	14.69	6.01	4.00	3.90	6.57	3.80
Total current assets	326	215	136	115	84.43	69.80	65.15
Total current liabilities	208	151	76.06	68.75	48.36	39.28	32.27
Net working capital	119	63.65	59.63	45.93	36.07	30.52	32.88
Total assets	294	214	133	89.28	74.71	67.70	69.58

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	0.06	4.62	0.95	0.22	0.16	0.36	3.72
Net cash from operating activities	(13.54)	30.39	9.94	22.30	8.69	12.03	(1.59)
Net cash from investing activities	(39.39)	(83.82)	(22.33)	(13.14)	(5.27)	(3.50)	(6.84)
Net cash from financing activities	53.90	48.88	16.07	(8.43)	(3.36)	(8.73)	6.23
Net change in cash	0.97	(4.56)	3.67	0.73	0.06	(0.20)	(2.20)
Closing cash	6.44	4.10	8.17	9.45	1.93	1.19	1.52

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	+41.5%	+27.7%	+22.1%	+51.2%	+52.3%	-3.3%	-
EBITDA growth	+2.3%	+3.7%	+28.4%	+116.9%	+37.4%	-25.5%	-
PBT growth	-53.2%	-12.3%	+26.2%	+160.9%	+68.3%	-28.7%	-17.6%
Net income growth	-53.2%	-12.5%	+26.3%	+160.5%	+80.0%	-32.7%	-
Revenue CAGR (3Y)	+30.2%	+33.1%	+41.1%	+30.6%	+15.7%	+9.2%	+15.8%
EBITDA CAGR (3Y)	+10.9%	+42.4%	+56.4%	+30.5%	+1.6%	-5.3%	+12.5%
Profitability & leverage
Net income margin	+1.6%	+4.9%	+7.2%	+7.0%	+4.1%	+3.4%	+4.9%
Return on capital employed	-	+20.4%	+33.9%	+36.0%	+17.5%	+11.9%	+18.0%
Return on net worth	-	+19.6%	+27.5%	+28.0%	+13.0%	+7.9%	+12.6%
Debt / equity	-	0.45	0.14	0.08	0.13	0.19	0.15
Long-term debt / equity	-	0.30	0.13	0.03	0.04	0.05	0.03
Interest cover	47.58	11.48	5.04	4.11	13.74	23.85	18.70
Efficiency & per share
Fixed asset turnover	-	4.04	5.92	5.95	4.30	3.10	3.78
Inventory turnover	-	6.10	7.42	6.66	5.06	3.91	4.69
Debtors turnover	-	5.78	6.01	6.81	6.51	4.81	5.65
EPS (₹)	6.90	14.72	16.87	13.34	5.16	2.87	4.26
Dividend per share (₹)	2.25	2.25	2.00	1.80	1.20	1.20	1.20
Book value per share (₹)	0.00	81.37	68.72	53.87	41.60	37.76	35.25

Web traffic of Ice Make Refrigeration

The website of Ice Make Refrigeration (icemakeindia.com) receives about 7.6K visits a month.

Monthly visits
7.6K
▲ 56.1% vs previous month

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Top companies in Industrial HVAC Systems

2 companies that operate in the same segment as Ice Make Refrigeration (Industrial HVAC Systems) in India, ranked by their profile score on The Company Check.

Company	Description	Founded	Location	Total funding	Revenue	Employees
KRN Heat Exchanger	Aluminum and copper fin-and-tube heat exchangers are manufactured.	2017	Neemrana, Rajasthan, India		USD 63.95 M	648
Patels Airtemp	Industrial HVAC equipment is manufactured for various applications.	1973	Ahmedabad, Gujarat, India		USD 26.97 M	206

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Related news about Ice Make Refrigeration

Ice Make Refrigeration’s Q1 revenue jumps 60%, inks strategic investment from Japan’s Galilei - The Economic Times

Economic Times • 2 months ago

ICE Make Refrigeration reports consolidated net loss of Rs 1.64 crore in the June 2026 quarter | Capital Market News - Business Standard

Business Standard • 2 months ago

Rs.71 to Rs.820: Multibagger penny stock turns Rs.1 lakh into Rs.11.5 lakh in five years. Do you own?

Mint • 3 months ago

Ice Make Refrigeration raises ₹190 cr via preferential issue - The HinduBusinessLine

Thehindubusinessline • 3 months ago

Deals Digest: PE-VC deal count, funding hold steady, M&A activity slows

VCCircle • 3 months ago

Ice Make Refrigeration March-Quarter Consol Net Profit 101.1 Million Rupees

Reuters • 5 months ago

Ice Make Refrigeration Appoints M. Srinivas Reddy As CEO

Reuters • 11 months ago

Ice Make Refrigeration Sept-Quarter Consol Net Profit 20.3 Million Rupees

Reuters • 12 months ago

Ice Make Refrigeration Announces Up To 1.50 Billion Rupees Capex Investment

Reuters • 1 year ago

ICE Make Refrigeration reports consolidated net loss of Rs 1.42 crore in the June 2025 quarter | Capital Market News - Business Standard

Business Standard • 1 year ago

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Frequently Asked Questions about Ice Make Refrigeration

When was Ice Make Refrigeration founded?

Ice Make Refrigeration was founded in 1993.

Where is Ice Make Refrigeration located?

Ice Make Refrigeration is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

How many employees does Ice Make Refrigeration have?

Ice Make Refrigeration has 229 employees.

What is the annual revenue of Ice Make Refrigeration?

The primary company behind Ice Make Refrigeration, Ice Make Refrigeration Limited, reported revenue of ₹669 Cr for FY 2026, up 39% year on year.

What does Ice Make Refrigeration do?

Ice Make Refrigeration was founded in 1993 and is headquartered in Ahmedabad, India. Operations are centered on the production of industrial refrigeration systems, including cold storage units, chillers, and associated components for commercial and industrial applications. The company serves sectors such as food processing, pharmaceuticals, and logistics. Products are distributed primarily within India, with a focus on energy-efficient and customized solutions. The online presence is maintained through the domain icemakeindia.com.

Is Ice Make Refrigeration publicly traded?

Yes, Ice Make Refrigeration is publicly traded on NSE under the ticker symbol ICEMAKE.

Which legal entities are associated with Ice Make Refrigeration?

Ice Make Refrigeration operates through Ice Make Refrigeration Limited.

Who are the directors of Ice Make Refrigeration?

The legal entities of Ice Make Refrigeration currently have 8 directors, including Darsha Kikani, Harshadrai Premshanker Pandya, Chandrakant Popatbhai Patel and others.