Ice Make Refrigeration Limited (NSE:ICEMAKE)

Ice Make Refrigeration Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 26, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	11,126	14,206	7,467	4,137	1,525	1,046
Market Cap Growth	-24.55%	90.26%	80.47%	171.38%	45.74%	100.75%
Enterprise Value	12,739	14,971	7,712	4,190	1,609	1,199
Last Close Price	705.10	897.65	470.34	259.69	95.69	64.73
PE Ratio	73.60	61.47	28.44	19.89	20.83	28.96
PS Ratio	2.02	2.96	1.97	1.33	0.74	0.78
PB Ratio	9.21	11.48	7.17	5.10	2.47	1.86
P/TBV Ratio	9.32	11.62	7.27	5.20	2.54	1.92
P/FCF Ratio	-	-	-	20.11	35.64	14.03
P/OCF Ratio	-	47.40	71.94	16.99	18.34	8.47
EV/Sales Ratio	2.32	3.12	2.04	1.34	0.78	0.89
EV/EBITDA Ratio	30.29	35.76	19.13	13.26	11.59	13.02
EV/EBIT Ratio	46.25	43.65	20.86	14.69	14.41	19.52
EV/FCF Ratio	-17.40	-	-	20.37	37.61	16.09
Debt / Equity Ratio	1.40	0.70	0.26	0.06	0.18	0.18
Debt / EBITDA Ratio	4.01	2.02	0.66	0.15	0.75	0.94
Debt / FCF Ratio	-	-	-	0.24	2.58	1.32
Asset Turnover	1.55	1.66	2.04	2.20	1.77	1.27
Inventory Turnover	4.21	3.97	4.67	4.33	3.29	2.35
Quick Ratio	0.56	0.50	0.86	0.82	0.59	0.55
Current Ratio	1.18	1.17	1.72	1.70	1.56	1.59
Return on Equity (ROE)	13.06%	20.11%	28.22%	29.13%	12.41%	6.59%
Return on Assets (ROA)	4.84%	7.40%	12.48%	12.55%	6.00%	3.61%
Return on Capital (ROIC)	7.17%	12.57%	21.27%	22.46%	10.05%	5.62%
Return on Capital Employed (ROCE)	13.90%	19.30%	28.40%	33.10%	16.60%	10.00%
Earnings Yield	1.36%	1.63%	3.52%	5.03%	4.80%	3.45%
FCF Yield	-6.58%	-3.69%	-3.03%	4.97%	2.81%	7.13%
Dividend Yield	0.32%	0.25%	0.43%	0.69%	1.25%	1.85%
Payout Ratio	20.79%	13.65%	10.81%	9.09%	25.72%	15.61%
Buyback Yield / Dilution	-0.62%	-	-0.09%	-0.08%	-0.17%	-0.34%
Total Shareholder Return	-0.29%	0.25%	0.34%	0.61%	1.08%	1.51%

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