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What is the ICE MAKE REFRIGERAT LTD (ICEMAKE) share price today?

ICE MAKE REFRIGERAT LTD (ICEMAKE) is trading at ₹800.8 on the NSE, down 0.48% on the day. Source: DocStoX.

What is the PE ratio of ICE MAKE REFRIGERAT LTD?

ICE MAKE REFRIGERAT LTD has a price-to-earnings (PE) ratio of 54.4 in the Capital Goods sector.

What is the market capitalisation of ICE MAKE REFRIGERAT LTD?

ICE MAKE REFRIGERAT LTD has a market capitalisation of approximately ₹0 crore.

ICE MAKE REFRIGERAT LTD

ICEMAKE·NSE·Capital Goods

₹800.80▼ -3.85 (-0.48%)

Capital Goods · Industrial Products

A steady, established business

Day₹790.00

₹809.90

52W₹660

₹92054%

Open

₹804.65

High

₹809.90

Low

₹790.00

Prev Close

₹804.65

Volume

26.3K

VWAP

₹799.79

Snapshot

Key fundamentals

Market Cap

₹0 Cr

P/E Ratio

54.40Expensive

P/B Ratio

8.99

EPS

₹14.72

Book Value

₹84.28

ROE

9.46%Average

ROCE

21.00%Efficient

Dividend Yield

0.30%

Debt / Equity

1.19Elevated

Face Value

₹10.00

52W High

₹920.00

52W Low

₹660.30

Sector

Capital Goods

Industry

Industrial Products

Avoid

Narrow moatHigh uncertainty

Fair value estimate

₹115

▼ 85.6%downside

Trading at ₹801 — 86% above our estimate

BearFair valueBull

₹98₹115₹167

/100

Business quality — Watch the fundamentals

Growth 23Profitability 19Efficiency 33Valuation 20

Plain English

Our view

A steady, established business
Capital is working hard (ROCE 21%)
Fundamental red flags (Piotroski 1/9)

Strengths

Capital is working hard (ROCE 21%)
Promoters hold a controlling stake

Risks

Fundamental red flags (Piotroski 1/9)

How we got there

Fair value methods

Residual income

19% ROE fading to 14% over ~10 yrs, on ₹84 book

₹101

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹167

Analyst target

No analyst coverage

—

Blended fair value₹115

What the numbers say

Investment thesis

Bull case

Capital is working hard (ROCE 21%)
Promoters hold a controlling stake

Bear case

Fundamental red flags (Piotroski 1/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

54.4Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

9.5%Average

Above 15% is considered healthy for Indian equities

ROCE

21.0%Efficient

Above 18% means capital is working hard

Debt/Eq

1.19Elevated

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

—

P/B

8.99

EPS

₹14.72

Div Yield

0.30%

What changed

Recent changes

Domestic institutions-0.3% stake last quarter

What matters

News impact

Overview

Valuation

Expensive

P/E 54.4×

Growth

Strong

+30% rev CAGR

Profitability

Modest

9.5% ROE

Financial health

Leveraged

D/E 1.19

Momentum

N/A

No technicals

Today

Trading activity

Delivery %62.3%

Turnover₹210.25L Cr

Trades1,717

VWAP₹799.79

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+30.2%

+38.5%

10Y

+25.0%

Profit

-16.6%

+25.0%

10Y

+15.1%

EPS

—

10Y

—

Profile

Pros

Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 19.9%
Company's median sales growth is 24.9% of last 10 years
Company's working capital requirements have reduced from 30.0 days to 21.7 days

Watch-outs

Cons

Stock is trading at 8.86 times its book value

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Domestic institutions reduced 0.26 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

74%

Promoter

Promoters

74.2%0.00

Public

24.1%+0.17

FII / FPI

0.3%+0.09

DII

1.4%-0.26

Quarterly trend

Ownership over time

Q1 FY27

Promoter74.20%

FII0.31%

DII1.38%

Public24.11%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1993, ICE Make Refrigeration Ltd provides customized cooling solutions across a wide range of industries[1]