Ice Make Refrigeration Limited (NSE:ICEMAKE)

Ice Make Refrigeration Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	70.96	3.78	50.8	14.4	4.92	4.2
Trading Asset Securities	-	-	-	46.52	-	-
Cash & Short-Term Investments	70.96	3.78	50.8	60.91	4.92	4.2
Cash Growth	51.22%	-92.56%	-16.61%	1137.32%	17.10%	-32.40%
Accounts Receivable	1,189	939.59	649.82	535.56	336.6	249.23
Other Receivables	19.33	7.2	0.17	0.07	0.06	2.22
Receivables	1,208	946.79	649.99	535.63	336.66	251.45
Inventory	1,187	1,081	599.05	515.56	500.52	400.14
Prepaid Expenses	-	4.8	2.87	2.59	1.6	1.31
Other Current Assets	237.32	181.99	98.56	124.21	59.48	74.98
Total Current Assets	2,703	2,218	1,401	1,239	903.17	732.09
Property, Plant & Equipment	1,509	1,371	606.71	309.62	306.5	289.95
Long-Term Investments	-	0.1	0.1	-	-	-
Goodwill	15.16	15.16	15.16	15.16	15.16	15.16
Other Intangible Assets	1.9	2.52	0.11	0.29	0.7	2.06
Long-Term Deferred Tax Assets	15.94	15.33	15.93	13.07	13.41	10.45
Other Long-Term Assets	19.1	54.68	74.51	13.19	11.51	28.29
Total Assets	4,264	3,677	2,114	1,590	1,250	1,078
Accounts Payable	887.41	1,102	542.67	506.86	337.13	256.01
Accrued Expenses	19.42	161.43	121.14	63.15	29.51	52.93
Short-Term Debt	-	251.14	-	-	52.05	45.37
Current Portion of Long-Term Debt	918.56	88.03	17.3	4.29	4.29	4.37
Current Portion of Leases	4.48	5.46	3.95	5.55	7.01	6.8
Current Income Taxes Payable	-	1.48	8.52	3.72	-	-
Current Unearned Revenue	-	1.9	2.32	2.84	1.99	2.43
Other Current Liabilities	454.84	286.81	117.06	141.75	145.9	94.1
Total Current Liabilities	2,285	1,898	812.96	728.15	577.88	462.02
Long-Term Debt	729.22	478.23	235.58	25.39	32.07	31.45
Long-Term Leases	34.84	36.5	15.66	13.34	14.83	10.66
Long-Term Unearned Revenue	6.25	6.86	8.76	11.08	8	9.99
Pension & Post-Retirement Benefits	1.27	1.17	-	0.96	0.82	0.68
Other Long-Term Liabilities	0.05	19.63	0.05	0.05	0.05	0.05
Total Liabilities	3,056	2,440	1,073	778.98	633.64	514.84
Common Stock	157.8	157.8	157.8	157.8	157.01	156.72
Additional Paid-In Capital	-	191.25	191.25	191.25	185.35	183.19
Retained Earnings	-	-	-	-	272.24	220.68
Comprehensive Income & Other	1,054	891.2	692.88	462.21	2.21	2.57
Total Common Equity	1,211	1,240	1,042	811.26	616.81	563.16
Minority Interest	-3.7	-3.2	-1.14	-	-	-
Shareholders' Equity	1,208	1,237	1,041	811.26	616.81	563.16
Total Liabilities & Equity	4,264	3,677	2,114	1,590	1,250	1,078
Total Debt	1,687	859.35	272.49	48.57	110.25	98.65
Net Cash (Debt)	-1,616	-855.57	-221.7	12.34	-105.32	-94.45
Net Cash Per Share	-101.99	-54.22	-14.05	0.78	-6.69	-6.01
Filing Date Shares Outstanding	15.84	15.78	15.78	15.78	15.7	15.67
Total Common Shares Outstanding	15.84	15.78	15.78	15.78	15.7	15.67
Working Capital	418.55	320.34	588.32	510.75	325.3	270.07
Book Value Per Share	76.50	78.60	66.03	51.41	39.28	35.93
Tangible Book Value	1,194	1,223	1,027	795.81	600.95	545.95
Tangible Book Value Per Share	75.42	77.48	65.06	50.43	38.27	34.84
Land	-	255.38	255.38	88.87	88.87	88.87
Buildings	-	549.63	188.29	175.01	166.04	128.52
Machinery	-	799.74	293	260.68	235.39	225.14
Construction In Progress	-	56.88	119.55	1.39	-	9.75

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.