Ice Make Refrigeration Share Price Today

Ice Make signs JV deal with Galilei for ₹1,800 cr raise

Ice Make Refrigeration Limited has executed definitive agreements with Galilei Holdings Co. Ltd to form a joint venture for manufacturing commercial refrigerators. The transaction involves a ₹1,800 million preferential issue from Galilei and ₹100 million from other investors, with proceeds earmarked for capacity expansion, debt repayment, and corporate infrastructure development.

Ice Make Refrigeration releases Q4FY26 conference call audio

Ice Make Refrigeration Limited has released the audio recording of its investors' conference call discussing the financial results for the quarter ended March 31, 2026. The recording, accessible via the company's website, was made available following the session held on June 04, 2026. This disclosure complies with Regulation 30 and 46(2)(ao) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Ice Make publishes audited financial results for FY26

Ice Make Refrigeration published audited financial results for the quarter and year ended March 31, 2026, reporting a 39.3% increase in annual revenue to ₹668.20 crore and a 47% decrease in net profit to ₹12.13 crore. The decline in profit was attributed to strategic investments, capacity expansion, and compliance costs. The Board recommended a final dividend of ₹2.25 per equity share.

Ice Make Refrigeration Announces M. Srinivas Reddy as New CEO

Ice Make Refrigeration has announced the appointment of Mr. M. Srinivas Reddy as its new Chief Executive Officer (CEO), effective November 14, 2025. This change in top management marks a significant development for the company in the refrigeration industry. The appointment may lead to potential shifts in company policies, market strategies, or operational focus.

Ice Make Refrigeration Unveils ₹150 Crore Investment Plan to Fuel Growth

Ice Make Refrigeration has unveiled a substantial investment plan of ₹150 crore aimed at accelerating the company's growth. While specific details are yet to be disclosed, the investment is expected to target areas such as capacity expansion, technological upgrades, research and development, market expansion, and sustainability initiatives. This move signifies the company's confidence in its growth prospects and the potential of the refrigeration sector.

Ice Make Refrigeration Reports Q1 Revenue Growth Amid Net Loss

Ice Make Refrigeration's quarterly results show a 30.28% year-over-year revenue increase to ₹1,110.00 million. EBITDA improved to ₹44.00 million with a 3.96% margin, up from a ₹34.00 million loss last year. However, the company reported a net loss of ₹14.00 million, compared to a ₹37.00 million profit in the same quarter last year.