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What is the Ice Make Refrigeration Limited (ICEMAKE) share price today?

Ice Make Refrigeration Limited (ICEMAKE) is trading at ₹665 on the NSE, down 0.34% on the day. Source: DocStoX.

What is the PE ratio of Ice Make Refrigeration Limited?

Ice Make Refrigeration Limited has a price-to-earnings (PE) ratio of 86.0 in the Capital Goods sector.

What is the market capitalisation of Ice Make Refrigeration Limited?

Ice Make Refrigeration Limited has a market capitalisation of approximately ₹1,207 crore.

Is Ice Make Refrigeration Limited a profitable company?

Ice Make Refrigeration Limited generates a return on equity of 9.2% with a net profit margin of 1.8%. That is a modest return on shareholder capital.

What is the 52-week high and low of ICEMAKE?

Ice Make Refrigeration Limited (ICEMAKE) has traded between ₹602 and ₹920 over the past 52 weeks, against a current price of ₹665.

Does Ice Make Refrigeration Limited pay a dividend?

Yes. Ice Make Refrigeration Limited currently offers a dividend yield of 0.36%. Dividend payments depend on the board's declaration each year.

Ice Make Refrigeration Limited

₹665.00▼ -2.25 (-0.34%)

ICEMAKE·NSE·Capital Goods

Market Cap

1206.61 Cr

PE Ratio

86.03

Volume

6,367

Day High - Low

669.50 - 656.05

52W High-Low

920.00 - 602.00

₹665.00▼ -2.25 (-0.34%)

Market Cap1206.61 Cr

PE Ratio86.03

Volume6,367

Day High - Low669.50 - 656.05

52W High-Low920.00 - 602.00

Ice Make Refrigeration Limited (ICEMAKE): company summary

The company's revenue grew 41.6% annually, but net profit fell 47.3% year-on-year.

Ice Make Refrigeration Limited (ICEMAKE) is a micro-cap Capital Goods company valued at ₹1,207 crore operating in Industrial Products on the NSE and BSE.

Recent price move: Ice Make Refrigeration Limited last traded at ₹665, modestly down 0.34% on the day.
Recent developments: On 2026-09-23, the company announced a dividend of ₹2.25 per share, with the ex-date set for the same day. Promoter holding dropped by 9.68 percentage points in the quarter, reducing their stake to 64.52% as of 2026-09-30.
Financial performance: The company's revenue grew 41.6% annually, but net profit fell 47.3% year-on-year. In the latest quarter, revenue rose 59.9% compared to the same quarter a year earlier, but the net profit widened from a ₹1 crore loss to a ₹2 crore loss.
Valuation multiples: The stock trades at 86.0 times earnings, 7.47 times book value. It yields 0.4%.
Things to watch: The company's net profit margin fell 3.1 percentage points to 1.8%, and the latest quarter showed a widening loss. The stock is 32.2% below its 52-week high, and promoter holding decreased significantly in the quarter.
Where it stands: The company's revenue has grown strongly over the past five years, but profit growth has slowed, with a sharp decline in net profit this year. The latest quarter's loss widened, and promoter holding dropped by nearly 10 percentage points. The stock is 32.2% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score

3.7/10

Poor

Fair Value

ROE

9.17%

Average

P/E

86.03x

Expensive

Debt / Equity

1.19

Elevated

Industry

Capital Goods

Industrial Products

Overall View

Mixed

Price performance

Day₹656.05

₹669.50

52W₹602.00

₹920.00

DocStoX take

Supported by growth (8.9), but held back by valuation (0.0). Growth looks strong at 8.9, but that is offset by valuation at 0.0 and momentum at 0.7 and quality at 3.0. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence

3.7

/10

Poor

Quality

Modest

ROE 9.2%

Valuation

Expensive

P/E 86.0×

Growth

Strong

Revenue +38.5% 5Y CAGR

Risk

Moderate

D/E 1.19

Momentum

Weak

20% of 52-week range

DocStoX research

Our verdict

Fairly Valued

Fair value not available

Current price

₹665

Upside / Downside

—

Implied CAGR

—

Priced in by the market

Uncertainty

—

Est. confidence

At a glance

Market Cap

₹1,207 Cr

52W High / Low

₹920 / ₹602

Dividend Yield

0.36%

Promoter Holding

64.52%

EPS (TTM)

₹7.73

Book Value

₹84.28

Key highlights

Revenue compounding 39% a year
Profitable in all of the last 5 years
Profit compounding 25% a year
Valuation is weak (0.0/10)
Momentum is weak (0.7/10)

3 Positives4 Watchouts

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Capital Goods stocks · Industrial Products

Explore Ice Make Refrigeration Limited’s valuation

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Fair ValueOur fair-value estimate, upside, and Bear/Base/Bull scenarios.Intrinsic ValueGraham & earnings-power intrinsic value with margin of safety.DCFDiscounted cash flow — free cash flow, growth, value per share.ValuationP/E, P/B, earnings yield and the full multiples picture.Financial RatiosProfitability, leverage and efficiency ratios at a glance.PeersHow it stacks up against its closest listed competitors.

Ice Make Refrigeration Limited peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.

Related tools & concepts

Value Ice Make Refrigeration Limited with the ratios and calculators DocStoX uses in its analysis.

P/E RatioPrice to earnings Return on Equity (ROE)Profitability ROCECapital efficiency Debt to EquityLeverage P/B RatioPrice to book Net Profit MarginBottom-line efficiency DCF / Intrinsic ValueEstimate fair value CAGR CalculatorAnnualised return Dividend YieldIncome on price Position SizeRisk-based sizing Brokerage CalculatorCharges on a trade SIP CalculatorSystematic investing

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