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Aditya Birla Money Limited
Symbol : ICEMAKE | BSE Code : 535034 | Sector : ELECTRIC EQUIPMENT
Market Cap (₹ Cr.)
Turnover (₹ Cr.)
No Data Available
Net profit of ICE Make Refrigeration rose 6.64% to Rs 4.82 crore in the quarter ended September 2024 as against Rs 4.52 crore during the previous quarter ended September 2023. Sales rose 34.46% to Rs 103.39 crore in the quarter ended September 2024 as against Rs 76.89 crore during the previous quarter ended September 2023.
ICE Make Refrigeration consolidated net profit rises 6.64% in the September 2024 quarter
ICE Make Refrigeration to discuss results
ICE Make Refrigeration Ltd - Ice Make Refrigeration Limited - Board Meeting
In Cr.
Ice Make Refrigeration Limited was originally incorporated on March 31, 2009 as a private limited company with the name 'Ic Ice Make Refrigeration Private Limited'. Subsequently, the name of the Company was changed to 'Ice Make Refrigeration Private Limited' on August 04, 2015. Further, the Company converted into a public limited company on August 29, 2017 and the name of the Company was changed to 'Ice Make Refrigeration Limited'.Ice Make is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The Company provides cooling solutions for cooling systems and accessories used in industries such as dairy, ice-cream, food processing, agriculture, pharmaceuticals, cold chains, logistics, hospital, hospitality and retail, among others. The Company operates its business verticals under the brand of 'Ice Make'.The Company is promoted by Mr. Chandrakant P. Patel, Mr. Rajendra P. Patel and Mr. Vipul I. Patel. The promoters commenced the business in 2 firms (i) Ice Make Refrigeration (Proprietorship Firm) in 1993 and (ii) Hi Make Engineers (Proprietorship Firm) in 1997 (The name was thereafter modified to Colpan Poly Panel Industries). The running business of the 2 firms was taken over by way of a business transfer agreement in 2009.The Promoters, through the aforesaid firms, had initiated business as refrigeration equipment manufacturer by Commercial Refrigeration manufacturing in 1993 and forayed into Cold Room manufacturing in 2002 as well as Industrial Refrigeration manufacturing in 2003. Subsequently, the Company introduced Transport Refrigeration manufacturing in 2012. In December 2016, The Company had acquired Bharat Refrigerations Private Limited', a company based in Chennai, engaged in a business similar to their business, which is now its wholly owned subsidiary. Bharat Refrigerations Private Limited is present in the above business verticals through the brands named Bharat' and Trans Freez'.The Company came up with a Pub