Ice Make Refrigeration Valuation Multiples
Ice Make Refrigeration is valued at $116M as of November 2026, a 1.9x revenue multiple. In the last fiscal year, Ice Make Refrigeration revenue was $71M and Ice Make Refrigeration EBITDA was $5M.
Ice Make Refrigeration Overview
About Ice Make Refrigeration
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment is the Manufacturing of Cold Rooms, freezers, Refrigeration Systems, and chilling plants. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.
Founded
2009
HQ
Employees
1.2K
Website
Financials (Last FY)
EV
$132M
Valuation Multiples
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Ice Make Refrigeration Financials
Ice Make Refrigeration reported last fiscal year revenue of $71M and EBITDA of $5M.
In the same fiscal year, Ice Make Refrigeration generated $20M in gross profit, $5M in EBITDA, and $1M in net income.
Ice Make Refrigeration P&L
In the most recent fiscal year, Ice Make Refrigeration reported revenue of $71M and EBITDA of $5M.
Ice Make Refrigeration is profitable as of last fiscal year, with gross margin of 28%, EBITDA margin of 7%, and net margin of 2%.
Financial data powered by Morningstar, Inc.
Ice Make Refrigeration Stock Performance
Ice Make Refrigeration has current market cap of $116M, and enterprise value of $132M.
Market Cap Evolution
Ice Make Refrigeration's stock price is $7.33.
Ice Make Refrigeration has an EPS (earnings per share) of $0.08.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $132M | $116M | 0.0% | - | - | - | $0.08 |
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Start Free TrialIce Make Refrigeration Valuation Multiples
Ice Make Refrigeration trades at 1.9x EV/Revenue multiple, and 28.2x EV/EBITDA.
Ice Make Refrigeration Financial Valuation Multiples
As of November 8, 2026, Ice Make Refrigeration has market cap of $116M and EV of $132M.
Ice Make Refrigeration has a P/E ratio of 89.3x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ice Make Refrigeration Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Ice Make Refrigeration Margins & Growth Rates
In the most recent fiscal year, Ice Make Refrigeration reported gross margin of 28%, EBITDA margin of 7%, and net margin of 2%.
Ice Make Refrigeration Margins
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Ice Make Refrigeration Operational KPIs
Ice Make Refrigeration's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Data powered by FactSet, Inc. and Morningstar, Inc.
Ice Make Refrigeration Competitors
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
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Ice Make Refrigeration VC Funding History
Before going public, Ice Make Refrigeration raised $19M in total equity funding, across 1 round.
Last private valuation of Ice Make Refrigeration was $153M, after raising $19M in July 2026 from Galilei Holdings Co.
Ice Make Refrigeration Funding Rounds
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Start Free TrialAbout Ice Make Refrigeration
| When was Ice Make Refrigeration founded? | Ice Make Refrigeration was founded in 2009. |
| Where is Ice Make Refrigeration headquartered? | Ice Make Refrigeration is headquartered in India. |
| How many employees does Ice Make Refrigeration have? | As of today, Ice Make Refrigeration has over 1K employees. |
| Is Ice Make Refrigeration publicly listed? | Yes, Ice Make Refrigeration is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Ice Make Refrigeration? | Ice Make Refrigeration trades under ICEMAKE ticker. |
| When did Ice Make Refrigeration go public? | Ice Make Refrigeration went public in 2017. |
| Who are competitors of Ice Make Refrigeration? | Ice Make Refrigeration main competitors include |
| What is the current market cap of Ice Make Refrigeration? | Ice Make Refrigeration's current market cap is $116M. |
| What is the current revenue of Ice Make Refrigeration? | Ice Make Refrigeration's last fiscal year revenue is $71M. |
| What is the current EV/Revenue multiple of Ice Make Refrigeration? | Current revenue multiple of Ice Make Refrigeration is 1.9x. |
| Is Ice Make Refrigeration profitable? | No, Ice Make Refrigeration is not profitable. |
| How many companies Ice Make Refrigeration has acquired to date? | Ice Make Refrigeration hasn't acquired any companies yet (or none have been disclosed publicly). |
| In how many companies Ice Make Refrigeration has invested to date? | Ice Make Refrigeration hasn't invested in any companies yet (or none have been disclosed publicly). |
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