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ICE MakeRefrigeratio share price

ICE Make Refrigeration Ltd.

NSE: ICEMAKE SECTOR: Electronics - Components  58k   143   14

819.65
+86.05 (11.73%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 840

Today's Low

₹ 723

52 Week High

₹ 983.5

52 Week Low

₹ 434.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1293.39 Cr.

Enterprise Value

1307.8 Cr.

No. of Shares

1.58 Cr.

P/E

49.86

P/B

10.76

Face Value

₹ 10

Div. Yield

0.24 %

Book Value (TTM)

₹  76.14

CASH

8.17 Cr.

DEBT

22.58 Cr.

Promoter Holding

74.49 %

EPS (TTM)

₹  16.44

Sales Growth

22.11%

ROE

27.52 %

ROCE

34.66%

Profit Growth

26.45 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year22.11%
3 Year41.14%
5 Year23.4%

Profit Growth

1 Year26.45%
3 Year80.94%
5 Year27.71%

ROE%

1 Year27.52%
3 Year22.88%
5 Year17.83%

ROCE %

1 Year34.66%
3 Year29.96%
5 Year24.05%

Debt/Equity

0.2082

Price to Cash Flow

130.12

Interest Cover Ratio

20.3283

CFO/PAT (5 Yr. Avg.)

0.783794444552353

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 74.49 4.15
Sep 2024 74.49 4.15
Jun 2024 74.49 0.00
Mar 2024 74.49 0.00
Dec 2023 74.49 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 80.9403971485862% for the Past 3 years.
  • The company has shown a good revenue growth of 41.1411358963112% for the Past 3 years.
  • Company has been maintaining healthy ROE of 22.8750177082493% over the past 3 years.
  • Company has been maintaining healthy ROCE of 29.9576865056209% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 20.3283.
  • The company has an efficient Cash Conversion Cycle of 38.1241 days.
  • The company has a high promoter holding of 74.49%.

 Limitations

  • The company is trading at a high EV/EBITDA of 32.257.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 81.56 135.07 83.17 101.38 108.64
Total Expenditure 77.27 114.82 77.09 93.14 102.02
Operating Profit 4.28 20.24 6.09 8.24 6.61
Other Income 0.2 0.32 0.22 0.27 0.34
Interest 0.6 0.36 0.41 0.87 1.11
Depreciation 0.9 0.94 0.83 0.92 2.03
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.98 19.27 5.07 6.72 3.81
Tax 0.76 5.04 1.21 1.83 0.85
Profit After Tax 2.22 14.23 3.86 4.89 2.96
Adjusted EPS (Rs) 1.4 9.02 2.44 3.1 1.88

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 135.91 131.45 200.17 302.69 369.6
Total Expenditure 121.8 120.94 185.73 271.38 329.37
Operating Profit 14.11 10.51 14.44 31.31 40.22
Other Income 0.81 1.17 1.03 1.55 0.98
Interest 1.9 1.66 1.57 1.15 1.85
Depreciation 3.95 3.55 3.01 3.31 3.51
Exceptional Items 0 0 0 0 0
Profit Before Tax 9.06 6.48 10.88 28.4 35.84
Tax 2.39 1.98 2.78 7.35 9.23
Net Profit 6.96 4.49 8.1 21.05 26.62
Adjusted EPS (Rs.) 4.26 2.87 5.16 13.34 16.87

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 15.67 15.67 15.7 15.78 15.78
Total Reserves 39.57 43.51 49.62 69.23 92.67
Borrowings 2.32 1.82 1.4 1.03 20.85
Other N/C liabilities 0.81 1.39 2.03 2.5 1.87
Current liabilities 43.25 44.53 54.26 69.54 78.06
Total Liabilities 101.63 106.92 123.01 158.08 209.23
Assets
Net Block 25.8 26.17 29.29 29.82 46.11
Capital WIP 0 0.97 0 0.14 11.88
Intangible WIP 0 0 0 0 0
Investments 3.36 3.36 3.36 3.36 3.38
Loans & Advances 7.19 6.59 5.75 5.11 11.59
Other N/C Assets 0.12 0.03 0.19 0.33 0.59
Current Assets 65.15 69.79 84.42 119.32 135.68
Total Assets 101.63 106.92 123.01 158.08 209.23
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 9.06 6.48 10.88 28.4 35.84
Adjustment 5.69 5.28 4.12 4.27 4.35
Changes in Assets & Liabilities -12.85 2.37 -3.9 -3.68 -21.48
Tax Paid -2.41 -2.09 -2.41 -6.7 -8.77
Operating Cash Flow -0.5 12.03 8.69 22.3 9.94
Investing Cash Flow -6.82 -3.5 -5.27 -13.14 -22.33
Financing Cash Flow 5.93 -8.73 -3.36 -8.43 16.07
Net Cash Flow -1.39 -0.2 0.06 0.73 3.67

Corporate Actions

Investors Details

PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
promoters 74.49 74.49 74.49 74.49 74.49
chandrakant popatbhai pat... 23.08 23.08 23.08 23.08 23.08
gauriben popatbhai patel 0.51 0.51 0.51 0.51 0.51
ishwarbhai laljibhai pate... 0.61 0.61 0.61 0.61 0.61
jyotsnaben rajendrabhai p... - - 0.46 0.46 0.46
kantaben ishwarlal patel 0.51 0.51 0.51 0.51 0.51
kapilaben vipulbhai patel... 0.47 0.47 0.47 0.47 0.47
manishaben bhailal patel 0.13 0.13 0.13 0.13 0.13
patel rajendrabhai p 23.47 23.47 23.47 23.47 23.47
popatbhai laljibhai patel... 1.63 1.63 1.63 1.63 1.63
ramilaben chandrakantbhai... 0.47 0.47 0.47 0.47 0.47
vipulbhai ishwarbhai pate... 23.16 23.16 23.16 23.16 23.16
jyotsnaben rajednrabhai p... 0.46 0.46 - - -
PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
investors 25.51 25.51 25.51 25.51 25.51
alpesh bhaichandbhai soni... 1.39 1.39 1.27 1.18 1.18
llp 0.03 0.06 0.06 0.11 0.08
zaki abbas nasser 1.55 1.17 1.11 1.05 1.01

Ratings & Research Reports

Company Presentations

Company News

ICE MakeRefrigeratio - Quaterly Results 8 Feb, 4:11 PM ICE MakeRefrigeratio - Quaterly Results 8 Feb, 4:11 PM ICE MakeRefrigeratio - Quaterly Results 8 Feb, 4:11 PM Ice Make Refrigeration unveils new product segment 20 Dec, 12:21 PM ICE MakeRefrigeratio - Quaterly Results 8 Aug, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 8 Aug, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 8 Aug, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 29 May, 1:24 PM ICE MakeRefrigeratio - Quaterly Results 10 Feb, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 10 Feb, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 10 Feb, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 8 Nov, 12:00 PM Ice Make Refrigeration acquires land in Tamilnadu 29 Aug, 3:27 PM ICE MakeRefrigeratio - Quaterly Results 12 Aug, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 12 Aug, 12:00 PM Ice Make Refrigeration bags order worth Rs 65.48 crore 17 Jul, 3:15 PM ICE MakeRefrigeratio - Quaterly Results 30 May, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 30 May, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 11 Feb, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 11 Feb, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 11 Feb, 12:00 PM Ice Make Refrigeration incorporates subsidiary company 29 Dec, 5:44 PM Ice Make Refrigeration to invest around Rs 45 to 50 crore in refrigeration continuous penal business 23 Sep, 12:24 PM ICE MakeRefrigeratio - Quaterly Results 12 Aug, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 12 Aug, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 12 Aug, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 24 May, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 24 May, 12:00 PM Ice Make Refrigeration expands manufacturing facility of Transport Refrigeration division 18 Feb, 10:45 AM ICE MakeRefrigeratio - Quaterly Results 12 Feb, 12:00 PM ICE MakeRefrigeratio - Quaterly Results 12 Feb, 12:00 PM Ice Make Refrigeration bags order of Ammonia refrigeration project 11 Jun, 11:42 AM

ICE MakeRefrigeratio Stock Price Analysis and Quick Research Report. Is ICE MakeRefrigeratio an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

ICE MakeRefrigeratio stock price today is Rs 819.65. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse ICE MakeRefrigeratio . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). ICE MakeRefrigeratio has a PE ratio of 49.8625153605626 which is high and comparatively overvalued .

  • Share Price: - The current share price of ICE MakeRefrigeratio is Rs 819.65. One can use valuation calculators of ticker to know if ICE MakeRefrigeratio share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. ICE MakeRefrigeratio has ROA of 14.493 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. ICE MakeRefrigeratio has a Current ratio of 1.7381 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. ICE MakeRefrigeratio has a ROE of 27.5174 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. ICE MakeRefrigeratio has a Debt to Equity ratio of 0.2082 which means that the company has low proportion of debt in its capital.

  • Sales growth: - ICE MakeRefrigeratio has reported revenue growth of 22.1052 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of ICE MakeRefrigeratio for the current financial year is 10.8832963337243 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for ICE MakeRefrigeratio is Rs 2 and the yield is 0.2465 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of ICE MakeRefrigeratio is Rs 16.4382 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of ICE MakeRefrigeratio in Ticker for free. Also, one can get the intrinsic value of ICE MakeRefrigeratio by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about ICE MakeRefrigeratio
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