ICE Make Refrig. (ICEMAKE)
Fast GrowerFairStock Score: 25/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹751.65 |
| Market Cap | ₹1,186.08 Cr |
| P/E Ratio | 97.11 |
| ROCE | 20.64% |
| ROE | 9.46% |
| Dividend Yield | 0.28% |
| Profit Growth | -13.6% |
| Debt/Equity | 1.19 |
| Sales Growth | 41.9% |
| Promoter Holding | 74.26% |
| 52-Week Range | ₹602 — ₹906.1 |
| Sector | Industrial Manufacturing |
| Book Value | ₹84.3 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
At first glance, this is exactly the kind of stock Benjamin Graham would tell me to skip. ICE Make Refrig trades at ₹801.35, or 94.46 times earnings and 10.48 times book, when book value is only ₹76.50. That is a hefty price even for a fast grower—and this is not one. While revenue grew 38.71%, profit fell 48.78%, and the latest quarter shows sales of ₹153 Cr with a net profit of just ₹1 Cr. That is a thin 0.65% margin. Mr. Market is paying for growth, but the earnings engine is sputtering.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer