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Ice Make Refrigeration (Small Cap - Potential Multibagger) Share Target 2025, 2026 To 2035

Ice Make Refrigeration Limited

Company Logo Price: ₹687.40 (-2.42%)
52 Week Low: ₹434.05
52 Week High: ₹983.50
Market Capital: 1,342.17 Crore (Smallcap)
Industrials -> Specialty Industrial Machinery
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Ice Make Refrigeration, a Small Cap company in the Specialty Industrial Machinery Industry has delivered 1221.9% returns in 5-year showing 7.7% quarterly revenue growth with 6.4% profit margin, making it a potential Multibagger.

To predict the Ice Make Refrigeration's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Ice Make Refrigeration Share Price Target For 2025

The line chart displays the monthly closing prices of Ice Make Refrigeration with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Ice Make Refrigeration shares in 2025, see the table below.

Ice Make Refrigeration Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 786.35 (+14.39%) Price Action: 29 Nov 2024 Low
2025 Target 2 778.2 (+13.2%) Price Action: 27 Nov 2024 Low
2025 Target 1 770.25 (+12.05%) Price Action: 20 Dec 2024 Low
Current Price 687.40 Ice Make Refrigeration's share price as of 23 Jan 2025
Stop Loss 1 647.1 (-5.87%) Price Action: 07 Nov 2023 Low
Stop Loss 2 640.0 (-6.9%) Price Action: 21 Dec 2023 High
Stop Loss 3 632.3 (-8.02%) Price Action: 02 Jan 2024 High

Short-Term Technical Outlook

Current Technical Position: Ice Make Refrigeration is displaying bearish momentum trading below key moving averages.

Key Technical Level: The 25-day moving average at ₹745.38 serves as the nearest technical reference point.

Historical Returns: 3-month: -20% | 6-month: -15.65% | 1-year: +18.46%

Ice Make Refrigeration Share Price Target For 2026

The line chart displays the monthly closing prices of Ice Make Refrigeration with a black line. The green line shows three potential target prices for 2026, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Ice Make Refrigeration shares in 2026, see the table below.

Ice Make Refrigeration Share Price Target Table For 2026

Level Value Analysis
2026 Target 3 1191.81 (+73.37%) Price Action: Chart
2026 Target 2 1169.59 (+70.14%) Price Action: Chart
2026 Target 1 1158.01 (+68.45%) Fibonacci Extension Level 123.60%
Current Price 687.40 Ice Make Refrigeration's share price as of 23 Jan 2025
Stop Loss 1 577.4 (-16.01%) Price Action: 15 Nov 2023 Low
Stop Loss 2 571.35 (-16.89%) Price Action: 31 Jan 2024 Low
Stop Loss 3 562.0 (-18.25%) Price Action: 16 Nov 2023 Low

Long-Term Technical Outlook

52-Week Range Analysis: Ice Make Refrigeration is currently trading at 46.1% of its 52-week range (₹434.05 - ₹983.5).

Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.

Long-Term Performance: 1-year: +18.46% | 3-year: +835.87% | 5-year: +1,221.92%

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Approach 2: Machine Learning By Studying Historical Prices

Ice Make Refrigeration Share Price Target Chart and Table From 2025, 2026, 2027 to 2035

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹687.40
2025 ₹1,307.71 +90.24% ₹1,327.33
2026 ₹1,889.37 +44.47% ₹1,917.71
2027 ₹2,929.34 +55.04% ₹2,973.28
2028 ₹4,423.59 +51% ₹4,489.94
2029 ₹6,587.03 +48.9% ₹6,685.84
2030 ₹9,898.76 +50.27% ₹10,047.24
2031 ₹13,573.99 +37.12% ₹13,777.60
2032 ₹17,803.94 +31.16% ₹18,071.00
2033 ₹25,107.96 +41.02% ₹25,484.58
2034 ₹32,706.07 +30.26% ₹33,196.66
2035 ₹41,671.59 +27.41% ₹42,296.66

Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.

Ice Make Refrigeration Brief Company Overview

Ice Make Refrigeration Limited Established in 1989, Ice Make Refrigeration Limited has become a leading manufacturer of refrigeration products and equipment for India. With a diverse range of offerings under the categories of cold rooms and storage, commercial... refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration products, Ice Make caters to various industries, including dairy, ice cream, food processing, and pharmaceuticals, among others. The company's commitment to providing customized cooling solutions has earned it a strong reputation in the industry. Its products are marketed under the brand names Ice Make, Bharat, and TransFreez.

Ice Make Refrigeration Financial Performance

Metric Value Description
Market Capital 1,342.17 Crore Market valuation of Ice Make Refrigeration's shares.
Revenue (TTM) 384.46 Crore Total revenue generated by Ice Make Refrigeration over the past twelve months.
Net Income (TTM) +24.6 Crore Net Profit or Loss after all the expenses over the past twelve months.
Operating Margin +6.07% Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin +6.4% Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
+7.7% Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-30.7% Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
26.18 Company's total debt divided by total shareholder equity.
Total Debt 27.24 Crore Sum of Ice Make Refrigeration's current & long-term financial obligations.
Total Cash 8.62 Crore Total amount of liquid funds available to Ice Make Refrigeration.
Beta 0.13 Beta is less than 1 indicating that the Ice Make Refrigeration's price is less volatile than the market.

Is Ice Make Refrigeration A Good Buy For Long Term?

Ice Make Refrigeration, a small-cap stock with a market capitalization of ₹1,342.17 crore, presents a mixed outlook. While its 5-year return of 951.83% is impressive, the recent Q1 2024-25 results show a concerning 30.7% decline in earnings year-over-year. A low profit margin of 6.4% and a relatively high debt-to-cash ratio (₹27.24 crore debt vs ₹8.62 crore cash) raise concerns. Although recent short-term returns are positive, the long-term picture requires further analysis. Therefore, it's currently an average buy, requiring closer monitoring of future earnings reports.

Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.

All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.