ICE Make Refrigeration Ltd Quarterly Results

Q4 FY25-26 Results Summary

Revenue

The revenue stands at ₹255.85 crore, reflecting a quarter-on-quarter *(QoQ) increase of 66.83 per cent from ₹153.36 crore. This corresponds to a year-on-year *(YoY) growth of 41.86 per cent.

Operating Profit

Operating Profit stands at ₹21.39 crore, reflecting a quarter-on-quarter *(QoQ) increase of 115.84 per cent from ₹9.91 crore. This corresponds to a year-on-year *(YoY) growth of 0.05 per cent.

PBDT

PBDT stands at ₹18.05 crore, reflecting a quarter-on-quarter *(QoQ) increase of 192.07 per cent from ₹6.18 crore. This corresponds to a year-on-year *(YoY) decline of 10.78 per cent.

Profit Before Tax

Profit Before Tax stands at ₹13.56 crore, reflecting a quarter-on-quarter *(QoQ) increase of 613.68 per cent from ₹1.90 crore. This corresponds to a year-on-year *(YoY) decline of 15.62 per cent.

Net Profit

Net Profit stands at ₹10.12 crore, reflecting a quarter-on-quarter *(QoQ) increase of 597.93 per cent from ₹1.45 crore. This represents a 13.28 per cent year-on-year *(YoY) decline for the same year.

YoY compares a quarter to the same period last year, and QoQ compares it to the previous quarter.

ICE Make Refrigeration Ltd News

ICE Make Refrigeration Ltd Earnings

YOY

QOQ

Category	Q4 FY25-26	Q4 FY24-25	Change %	FY25-26	FY24-25	Change %
Total Revenue	255.85	180.35	41.86	668.20	479.52	39.35
Expenses	234.46	158.97	47.49	622.88	436.98	42.54
Other Income	0.38	0.46	-17.39	0.72	0.90	-20.00
Operating Profit	21.39	21.38	0.05	46.04	43.44	5.99
Depreciation	4.49	4.16	7.93	17.06	8.31	105.29
Interest	3.72	1.63	128.22	12.59	4.12	205.58
Profit Before Tax	13.56	16.07	-15.62	16.39	31.01	-47.15
Tax	3.44	4.40	-21.82	4.47	8.05	-44.47
Net Profit	10.12	11.67	-13.28	12.13	22.90	-47.03

Category	Q1 FY26-27	Q1 FY25-26	Change %	FY25-26	FY24-25	Change %
Total Revenue	176.08	111.86	57.41	667.35	471.79	41.45
Expenses	172.93	107.67	60.61	624.68	430.09	45.24
Other Income	0.18	0.26	-30.77	1.06	1.43	-25.87
Operating Profit	147.04	90.96	61.65	43.73	43.13	1.39
Depreciation	1.99	3.98	-50.00	16.63	7.82	112.66
Interest	3.26	2.26	44.25	12.39	3.89	218.51
Profit Before Tax	-1.91	-1.79	6.70	14.70	31.42	-53.21
Tax	-0.50	-0.40	25.00	4.47	8.04	-44.40
Net Profit	-1.41	-1.39	1.44	10.89	23.22	-53.10

Category	Q4 FY25-26	Q3 FY25-26	Change %
Total Revenue	255.85	153.36	66.83
Expenses	234.46	143.45	63.44
Other Income	0.38	0.13	192.31
Operating Profit	21.39	9.91	115.84
Depreciation	4.49	4.28	4.91
Interest	3.72	3.85	-3.38
Profit Before Tax	13.56	1.90	613.68
Tax	3.44	0.45	664.44
Net Profit	10.12	1.45	597.93

Category	Q1 FY26-27	Q4 FY25-26	Change %
Total Revenue	176.08	253.59	-30.57
Expenses	172.93	232.97	-25.77
Other Income	0.18	0.38	-52.63
Operating Profit	147.04	214.97	-31.60
Depreciation	1.99	4.39	-54.67
Interest	3.26	3.60	-9.44
Profit Before Tax	-1.91	13.02	-114.67
Tax	-0.50	3.30	-115.15
Net Profit	-1.41	9.72	-114.51

ICE Make Refrigeration Ltd Research Reports

Action	Target Price (₹)	Broker	Date	Reports
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ICE Make Refrigeration Ltd Financial Reports

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ICE Make Refrigeration Ltd Stock Prices Compare with Peers

Company	1 Day	1 Week	1 Month	3 Months	6 Month	1 Year
SJP Ultrasonics	-5.31%	17.02%	45.19%	45.19%	45.19%	45.19%
G V Electricals	-4.50%	3.41%	-26.54%	-42.44%	-42.44%	-42.44%
Duncan Engg.	-2.52%	-5.90%	-17.29%	-28.18%	-31.23%	-43.91%

ICE Make Refrigeration Ltd Corporate Information

Chairman / Executive Director / M D / Promoter: Chandrakant P Patel

ED / Joint MD / Promoter: Rajendra P Patel

ED / Joint MD / Promoter: Vipul I Patel

Independent Non Exe. Director: Darsha R Kikani

Independent Non Exe. Director: Harshadrai P Pandya

Independent Non Exe. Director: Krishnakant L Patel

Company Sec. & Compli. Officer: Mandar Desai

ICE Make Refrigeration Ltd News

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