Ice Make Refrigeration Limited
ICEMAKE
Rank in Stocks
#18710
Ice Make Refrigeration Limited (ICEMAKE.NS), an Indian firm headquartered in... Ice Make Refrigeration Limited (ICEMAKE.NS), an Indian firm headquartered in Gandhinagar, designs, manufactures, and supplies a comprehensive range of refrigeration products and cooling equipment. Their extensive portfolio encompasses solutions for cold rooms and dedicated storage, commercial and industrial applications, transport refrigeration, and ammonia-based cooling systems. The company provides tailor-made temperature control solutions to a diverse clientele across numerous sectors. These include the hospitality, food processing (e.g., frozen goods, dairy, ice cream, bakery, beverages, mineral water), healthcare (medicare, pharmaceuticals), agriculture (horticulture), retail, and various manufacturing industries (plastic, chemical). Established in 1989, Ice Make Refrigeration also engages in the export of its products.
Share Price
$7.25
Last synced: 2026-11-09
Market Cap
$124.84M
Change (1 day)
-0.69%
Change (1 year)
-7.94%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Ice Make Refrigeration Limited (ICEMAKE)
Category
Industrials
Operating Margin for Ice Make Refrigeration Limited (ICEMAKE)
Operating Margin as of November 2026 TTM: 3.92%
According to Ice Make Refrigeration Limited's latest financial reports, its current operating margin (TTM) is 3.92%. At the end of 2025 the company had an operating margin of 7.14%.
Operating Margin history for Ice Make Refrigeration Limited from 2013 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 3.92% | -45.10% |
| 2025 | 7.14% | -27.59% |
| 2024 | 9.86% | 6.02% |
| 2023 | 9.30% | 73.51% |
| 2022 | 5.36% | 1.90% |
| 2021 | 5.26% | -17.68% |
| 2020 | 6.39% | -26.04% |
| 2019 | 8.64% | -19.85% |
| 2018 | 10.78% | 8.12% |
| 2017 | 9.97% | 30.33% |
| 2016 | 7.65% | 45.44% |
| 2015 | 5.26% | -14.75% |
| 2014 | 6.17% | 20.04% |
| 2013 | 5.14% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 36.95% | -90.57% |
US
|
|
| 11.89% | -96.97% |
DE
|
|
| 16.70% | -95.74% |
FR
|
|
| 21.55% | -94.50% |
US
|
|
| 8.81% | -97.75% |
DE
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Ice Make Refrigeration Limited's operating margin
What is Ice Make Refrigeration Limited's operating margin?
Ice Make Refrigeration Limited's operating margin is 3.92%, as of Nov 2026.
What was Ice Make Refrigeration Limited's operating margin in 2025?
In 2025, Ice Make Refrigeration Limited's operating margin was 7.14%, compared with 9.86% in 2024.
How has Ice Make Refrigeration Limited's operating margin changed since 2020?
From 2020 to 2025, Ice Make Refrigeration Limited's operating margin was highest in 2024 (9.86%) and lowest in 2021 (5.26%).
How does Ice Make Refrigeration Limited's operating margin compare with similar companies?
Ice Make Refrigeration Limited's operating margin (3.92%) is lower than that of all 5 similar companies listed above. The highest among them is Lam Research Corp. R, with 36.95%.