What were ICE Make Refrigeration Ltd's latest quarterly results?
ICE Make Refrigeration Ltd's latest quarterly results (Dec 2025) show
- PAT Growth YoY: -48.4% (stable)
- Revenue Growth YoY: +38.7%
- Operating Margin: 6.5% (volatile)
ICE Make Refrigeration Ltd: Why Is It Outperforming Nifty 500?
ActiveWeakNew This Week
In , ICE Make Refrigeration Ltd (Refrigeration) is outperforming Nifty 500 with +9.1% relative strength. Fundamentals: Weak.
ICE Make Refrigeration Ltd Key Facts
- PE Ratio
- 90.9x
- Market Cap
- ₹1,253 Cr
- PAT Growth YoY
- -48%
- Revenue Growth YoY
- +39%
- OPM
- 6.5%
- RS vs Nifty 500
- +9.1%
PE: At PeakDanger Bubble
What's Happening
⚠️PE rising despite falling earnings — price running ahead of reality
📊Debt increased 97% YoY — leverage rising
🏛️DII accumulation — stake up 1.3%
Key Numbers
PAT Growth YoY
-48%
Stable
Revenue YoY
+39%
Stable
Operating Margin
6.5%
+43 bps YoY
PE Ratio
90.9
Current Price
₹794
Dividend Yield
0.28%
Fundamental Score
35/100
Weak
3Y PAT CAGR
+49%
Market Cap
1.3K Cr
Valuation
N/A12-Week Performance
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
12 weeks agoThis week
How Fast Is ICE Make Refrigeration Ltd Growing?
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +39% | +33% | Stable |
| PAT (Net Profit) | -48% | +49% | Stable |
| OPM | 6.5% | +43 bps | Volatile |
Frequently Asked Questions: ICE Make Refrigeration Ltd
Based on publicly available financial data. This is educational research, not investment advice.
Is ICE Make Refrigeration Ltd's profit growing or declining?
ICE Make Refrigeration Ltd's profit is declining with an stable trend.
- PAT Growth YoY: -48.4% (latest quarter)
- PAT Growth QoQ: -28.6% (sequential)
- 3-Year PAT CAGR: +48.7%
- Trend: Stable — consistent growth pattern
What is ICE Make Refrigeration Ltd's revenue growth trend?
ICE Make Refrigeration Ltd's revenue growth trend is stable.
- Revenue Growth YoY: +38.7%
- Revenue Growth QoQ: +4.0% (sequential)
- 3-Year Revenue CAGR: +32.6%
How is ICE Make Refrigeration Ltd's operating margin trending?
ICE Make Refrigeration Ltd's operating margin is volatile.
- Current OPM: 6.5%
- OPM Change YoY: +0.4% basis points
- OPM Change QoQ: -0.1% basis points
What is ICE Make Refrigeration Ltd's 3-year profit and revenue CAGR?
ICE Make Refrigeration Ltd's long-term compounding rates
- 3-Year Profit CAGR: +48.7%
- 3-Year Revenue CAGR: +32.6%
Is ICE Make Refrigeration Ltd's growth accelerating or decelerating?
ICE Make Refrigeration Ltd's earnings growth is stable with mixed signals on a sequential basis.
- YoY Acceleration: +9.2% bps
- Sequential Acceleration: -78.6% bps
What is ICE Make Refrigeration Ltd's trailing twelve month (TTM) performance?
ICE Make Refrigeration Ltd's trailing twelve month (TTM) performance
- TTM PAT: ₹14 Cr
- TTM PAT Growth: -46.4% YoY
- TTM Revenue: ₹593 Cr
- TTM Revenue Growth: +35.0% YoY
- TTM Operating Margin: 7.7%
What is ICE Make Refrigeration Ltd's current PE ratio?
ICE Make Refrigeration Ltd's current PE ratio is 90.9x.
- Current PE: 90.9x
- Market Cap: 1.3K Cr
- Dividend Yield: 0.28%
What is ICE Make Refrigeration Ltd's price-to-book ratio?
ICE Make Refrigeration Ltd's price-to-book ratio is 10.3x.
- Price-to-Book (P/B): 10.3x
- Book Value per Share: ₹77
- Current Price: ₹794
Is ICE Make Refrigeration Ltd a fundamentally strong company?
ICE Make Refrigeration Ltd is rated Weak with a fundamental score of 34.53/100. This score is calculated from objective financial metrics
- Revenue Growth YoY: +38.7% (10% weight)
- PAT Growth YoY: -48.4% (10% weight)
- PAT Growth QoQ: -28.6% (10% weight)
- Margins stable (10% weight)
Is ICE Make Refrigeration Ltd debt free?
ICE Make Refrigeration Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹169 Cr
What is ICE Make Refrigeration Ltd's return on equity (ROE) and ROCE?
ICE Make Refrigeration Ltd's return ratios over recent years
- FY2023: ROCE 37.0%
- FY2024: ROCE 34.0%
- FY2025: ROCE 21.0%
Is ICE Make Refrigeration Ltd's cash flow positive?
ICE Make Refrigeration Ltd's operating cash flow is positive (FY2025).
- Cash from Operations (CFO): ₹30 Cr
- Free Cash Flow (FCF): ₹-53 Cr
- CFO/PAT Ratio: 130% (strong cash conversion)
What is ICE Make Refrigeration Ltd's dividend yield?
ICE Make Refrigeration Ltd's current dividend yield is 0.28%.
- Dividend Yield: 0.28%
- Current Price: ₹794
Who holds ICE Make Refrigeration Ltd shares — promoters, FII, DII?
ICE Make Refrigeration Ltd's shareholding pattern (Mar 2026)
- Promoters: 74.2%
- FII (Foreign): 0.2%
- DII (Domestic): 1.6%
- Public: 23.9%
Is promoter holding increasing or decreasing in ICE Make Refrigeration Ltd?
ICE Make Refrigeration Ltd's promoter holding has decreased recently.
- Current Promoter Holding: 74.2% (Mar 2026)
- Previous Quarter: 74.3% (Dec 2025)
- Change: -0.06% (decreasing — worth monitoring)
How long has ICE Make Refrigeration Ltd been outperforming Nifty 500?
ICE Make Refrigeration Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.
Is ICE Make Refrigeration Ltd a new momentum entry or an established outperformer?
ICE Make Refrigeration Ltd is a new entry this week — it just started outperforming Nifty 500. New entries are worth monitoring for follow-through.
Is ICE Make Refrigeration Ltd worth studying for long term investment?
Based on quantitative research signals, here is why ICE Make Refrigeration Ltd may be worth studying
- Cash flow is positive — CFO ₹30 Cr
What is the investment thesis for ICE Make Refrigeration Ltd?
ICE Make Refrigeration Ltd investment thesis summary:
Research Signals (Bull Case)
- Revenue growing at +38.7% YoY
What is the future outlook for ICE Make Refrigeration Ltd?
ICE Make Refrigeration Ltd's forward outlook based on current data signals
- Earnings Trend: stable
- Revenue Trend: stable
- Margin Trend: volatile
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.