Ice Make Refrigeration Limited

Ice Make Refrigeration Limitedverified

ICEMAKE.NS

Price:

$772.5

Market Cap:

$12.19B

Ice Make Refrigeration Limited manufactures and supplies refrigeration products and equipment in India. The company offers its products under the categories of cold rooms and storage, commercial refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration products. It provides customized cooling solutions to various industries, including hospitality, frozen, dairy, horticulture, medicare, pharmaceuticals, retail, plastic, chemical, beverages, mineral water, ice cream, bakery, and other industries. The company also exports its products. Ice Make Refrigeration Limited was founded in 1989 and is based in Gandhinagar, India.

Industry

Industrial - Machinery

IPO Date

2017-12-08

Stock Exchange

NSE

Ticker

ICEMAKE.NS

The ROE as of December 2025 (TTM) for Ice Make Refrigeration Limited (ICEMAKE.NS) is 15.41%

According to Ice Make Refrigeration Limited’s latest financial reports and current stock price. The company's current ROE is 15.41%. This represents a change of 302.46% compared to the average of 3.83% of the last 4 quarters.

Ice Make Refrigeration Limited (ICEMAKE.NS) Historical ROE (quarterly & annually)

How has ICEMAKE.NS ROE performed in the past?

The mean historical ROE of Ice Make Refrigeration Limited over the last ten years is 18.46%. The current 15.41% ROE has changed -16.54% with respect to the historical average. Over the past ten years (40 quarters), ICEMAKE.NS's ROE was at its highest in in the March 2024 quarter at 13.73%. The ROE was at its lowest in in the June 2020 quarter at -2.55%.

Quarterly (TTM)
Annual

Average

18.46%

Median

16.79%

Minimum

6.42%

Maximum

32.11%

Ice Make Refrigeration Limited (ICEMAKE.NS) ROE by Quarter and Year

Discovering the peaks and valleys of Ice Make Refrigeration Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 116.05%

Maximum Annual ROE = 32.11%

Minimum Annual Increase = -53.66%

Minimum Annual ROE = 6.42%

Quarterly (TTM)
Annual
YearROEChange
202518.63%-26.05%
202425.20%-1.73%
202325.64%116.05%
202211.87%84.99%
20216.42%-32.35%
20209.48%-36.52%
201914.94%0.42%
201814.88%-53.66%
201732.11%26.07%
201625.47%110.92%

Ice Make Refrigeration Limited (ICEMAKE.NS) Average ROE

How has ICEMAKE.NS ROE performed in the past?

The current ROE of Ice Make Refrigeration Limited (ICEMAKE.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

23.16%

5-year avg

17.55%

10-year avg

18.46%

Ice Make Refrigeration Limited (ICEMAKE.NS) ROE vs. Peers

How is ICEMAKE.NS’s ROE compared to its peers?

Ice Make Refrigeration Limited’s ROE is less than Yuken India Limited (6.83%), less than Yuken India Limited (6.83%), less than Sat Industries Limited (6.97%), less than Roto Pumps Limited (13.05%), less than Roto Pumps Limited (13.05%), less than The Yamuna Syndicate Ltd (6.84%), less than Om Infra Limited (3.32%), less than Om Infra Limited (3.32%), less than Eco Recycling Limited (22.76%), less than R & B Denims Limited (16.36%),

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