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ICE Make Refrigeration Ltd. (India)

Main Activities: Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing
Full name: ICE Make Refrigeration Ltd. Profile Updated: June 16, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2026 Available in: English Download a sample report

ICE Make Refrigeration Ltd. is a company in India, with a head office in Ahmedabad. The company operates in the Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing sector. The company was established on March 31, 2009. The total number of employees is currently 1,249 (2025). In 2026, the company reported a net sales revenue increase of 41.45%. During that time, ICE Make Refrigeration Ltd.’s total assets grew by 37.21%. The net profit margin of ICE Make Refrigeration Ltd. decreased by 3.29% in 2026.

Legal Address
B-1, Vasupujya Chamber,, , Near Navdeep Building
Ahmedabad; Gujarat; Postal Code: 380009

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Website: http://www.icemakeindia.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 31, 2009
Key Executives
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Chairman & Managing Director
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Independent Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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23.47%
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23.16%
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23.01%
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22.99%
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1.5%
Subsidiaries
Icebest Private Limited
60%
Company Performance
Financial values in the chart are available after ICE Make Refrigeration Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
41.45%
Total Operating Revenue
41.25%
Operating Profit
-23.27%
EBITDA
1.39%
Net Profit/Loss for the Period
-53.09%
Total Assets
37.21%
Total Equity
5.97%
Operating Profit Margin
-3.42%
Net Profit Margin
-3.29%
Return on Equity (ROE)
-10.08%
Debt / Equity
49.92%
Quick Ratio
0.05%
Cash Ratio
0%

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