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Established in 1993, Ice Make Refrigeration Ltd. is engaged in the business of providing customized cooling solutions like Cold Rooms, Freezers, Commercial and Industrial Refrigeration Systems, Chilling Plants, etc.
Ice Make Refrigeration reported Q1 FY27 consolidated revenue up ~60% YoY to Rs 178.88 Cr. Profitability was challenged, with EBITDA at Rs 3.09 Cr (1.7% margin) and a PAT loss of Rs 1.65 Cr, mainly due to high raw material costs and strategic investments. Management targets 6-6.5% full-year EBITDA, aiming...