681.10
-1.23%
Close of 9 Nov 2026, in INR
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Ice Make Refrigeration
Its shares trade on NSE under the ticker ICEMAKE.NS. It has been listed since 8 December 2017. In the fiscal year to 31 March 2026, it reported revenue of ₹6.68bn and net income of ₹121.9m. At that date it held total assets of ₹5.04bn and shareholders' equity of ₹1.33bn.
Ice Make Refrigeration Ltd. is a refrigeration equipment manufacturer, which engages in providing cooling solutions. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2017-12-08. The firm is engaged in the business of providing customized cooling solutions to various clients across a wide range of industries by manufacturing and supplying refrigeration products and equipment. Its product categories include cold storage, commercial refrigeration, industrial refrigeration, transport refrigeration and ammonia refrigeration. The firm's cold storage products include cold rooms, cold room PUF panel and accessories, cold room refrigeration unit, solar cold room, blast chiller and freezer, glass door display chiller and ripening chamber. Its commercial refrigeration products include ice cream plant, bulk milk chiller, ice candy production machine, ice cream hardener and vacuum freeze dryer. The firm operates under its own brand name, Ice Make, as well as under the brand name of Bharat and TransFreez through its subsidiary Bharat Refrigerations Private Limited.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 8 Dec 2017
- Employees
- 300
- Website
- icemakeindia.co.in ↗
Leadership
Pay as last reported
- Mr. Chandrakant PatelChairman of the Board, Managing Director, since 2017₹2.7m
- Mr. Ankit PatelChief Financial Officer
- Mr. Mandar DesaiCompliance Officer, Company Secretary
- Mr. Rajendra PatelJoint Managing Director, Whole Time Director, since 2017₹2.7m
- Mr. Vipul PatelJoint Managing Director, Whole Time Director, since 2017₹2.7m
- Mrs. Darsha KikaniNon-Executive Independent Director₹60,000
- Mr. Harshadrai PandyaNon-Executive Independent Director₹72,000
- Dr. Hasmukh PatelNon-Executive Independent Director₹72,000
- Mr. Krishnakant PatelNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ice Make Refrigeration Ltd. employs 300 full-time employees in Ahmedabad, Gujarat.
- The company offers customized cooling solutions across multiple industries with its product categories.
- Ice Make, Bharat, and TransFreez are the brand names under which the company operates.
Weaknesses
- The company's product range includes cold storage, commercial, industrial, and transport refrigeration equipment.
- Ice Make Refrigeration Ltd. has no mention of international expansion in its business description.
- The firm's focus on manufacturing refrigeration products limits its diversification.
Opportunities
- The company can leverage its cold room PUF panel and solar cold room products for sustainable cooling solutions.
- Ice Make Refrigeration Ltd. can expand its presence in the Indian market with its ice cream plant and bulk milk chiller products.
- The firm's ammonia refrigeration technology presents opportunities for eco-friendly cooling systems.
Threats
- The company faces competition from other refrigeration equipment manufacturers in India.
- Ice Make Refrigeration Ltd. must comply with evolving environmental regulations for refrigeration equipment.
- The firm's reliance on the Indian market exposes it to regional economic fluctuations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.