Ice Make Refrigeration Limited (NSE:ICEMAKE)

India · Delayed Price · Currency is INR

727.00

-1.25 (-0.17%)

Aug 20, 2026, 3:29 PM IST

Ice Make Refrigeration Financials Overview

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	7,356	6,682	4,795	3,784	3,122	2,061
Revenue Growth	45.42%	39.35%	26.73%	21.20%	51.49%	53.06%
Gross Profit	2,033	1,942	1,457	1,182	921.01	577.97
Operating Income	288.47	282.56	342.99	369.75	285.16	111.68
Net Income	119.78	121.91	231.1	262.53	208.01	73.2
Earnings Per Share	7.60	7.73	14.65	16.64	13.19	4.65
EPS Growth	-33.26%	-47.22%	-11.97%	26.13%	183.66%	102.17%

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	71.84	71.84	3.78	50.8	60.91	4.92
Total Debt	1,584	1,584	859.35	272.49	48.57	110.25
Net Cash (Debt)	-1,512	-1,512	-855.57	-221.7	12.34	-105.32
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-96.01	-95.89	-54.22	-14.05	0.78	-6.69

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	-	-105.74	299.75	103.79	243.5	83.12
Capital Expenditures	-	-399.21	-823.25	-330.27	-37.75	-40.34
Free Cash Flow	-	-504.95	-523.51	-226.48	205.75	42.78
Free Cash Flow Growth	-	-	-	-	380.94%	-42.63%

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Gross Margin	27.64%	29.07%	30.39%	31.24%	29.50%	28.04%
Operating Margin	3.92%	4.23%	7.15%	9.77%	9.13%	5.42%
Pretax Margin	2.17%	2.45%	6.47%	9.30%	8.99%	4.76%
Profit Margin	1.63%	1.82%	4.82%	6.94%	6.66%	3.55%
FCF Margin	-	-7.56%	-10.92%	-5.99%	6.59%	2.08%

Dividends

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 21, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Dividend Per Share	2.250	2.250	2.250	2.000	1.800	1.200
Dividend Per Share Growth	0%	0%	12.50%	11.11%	50.00%	0%
Dividend Yield	0.31%	0.34%	0.25%	0.43%	0.69%	1.25%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 21, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	95.48	86.13	61.47	28.44	19.89	20.83
P/FCF Ratio	-	-	-	-	20.11	35.64
PS Ratio	1.56	1.57	2.96	1.97	1.33	0.74