Ice Make Refrigeration Ltd. · NSE:ICEMAKE
Ice Make Refrigeration — Investor Presentation (October 2025)
34 slides from Ice Make Refrigeration's investor presentation, October 2025
Slide 1: Investor Presentation 2024-25
Investor Presentation 2024-25
Slide 2: Statement
STATEMENT In line with our commitment to ‘From Core to More.’, this presentation has been prepared by ICE Make Refrigeration Limited (also referred to as ‘Ice Make,’ ‘the Company’ or ‘We’), solely for informational purposes. It does not, in any way, constitute an offer, recommendation, or invitation
Slide 3: Company Overview
Company Overview 3
Slide 4: Chairman's Statement
Chairman’s Statement ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ 4
Slide 5: A Year of Record Growth and Expanding Horizons
A Year of Record Growth and Expanding Horizons ` 480.42 9.04 28,000 + ` 43.44 4.77 24 + ` 22.90 ` 14.51 65 + 5 50 + 1,249 ` 1.07 ` 0.52 5
Slide 6: About the Company
About the Company Mission ❖ ❖ ❖ ❖ ❖ OUR Philosophy OF SUCCESS Our Vision ❖ ❖ ❖ ❖ 6
Slide 7: Revenue Contribution by Business Verticals
Revenue Contribution by Business Verticals 51% 8% 2% 17% 3% 16% 3% 7
Slide 8: Revenue Contribution by Industry
Revenue Contribution by Industry 30-40% 15-20% 15-20% 5-7% 3-5% 8
Slide 9: Shaping identity through strategic milestones
Shaping identity through strategic milestones \W 9
Slide 10: Across India, Beyond Borders
Across India, Beyond Borders ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ 10
Slide 11: Across India, Beyond Borders
Across India, Beyond Borders ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ 11
Slide 12: A Year of Record Consolidated Financial Performance
A Year of Record Consolidated Financial Performance 2024-25 48,041.99 2024-25 4,344.32 2024-25 9.04 2023-24 37,900.14 2023-24 4,138.77 2023-24 10.92 2022-23 31,332.58 2022-23 3,323.47 2022-23 10.61 2021-22 20,680.29 2021-22 1,518.62 2021-22 7.34 2020-21 13,587.10 2020-21 1,155.23 2020-21 8.5 2024-25
Slide 13: A Year of Record Consolidated Financial Performance
A Year of Record Consolidated Financial Performance 2024-25 14.51 2024-25 0.39 2024-25 20.07 2023-24 16.56 2023-24 0.23 2023-24 28.21 2022-23 13.25 2022-23 0.03 2022-23 29.13 2021-22 4.67 2021-22 0.05 2021-22 12.41 2020-21 2.31 2020-21 0.06 2020-21 6.59 13
Slide 14: Our Consolidated numbers for Q4
Our Consolidated numbers for Q4 Q4 March Q4 March Q4 March 18,035.49 2,184.99 12.08 31, 2025 31, 2025 31, 2025 Q4 March Q4 March Q4 March 13,991.92 2,092.89 14.93 31, 2024 31, 2024 31, 2024 Q4 March Q4 March 6.45 1,166.39 31, 2025 31, 2025 Q4 March Q4 March 10.2 1,426.74 31, 2024 31, 2024 14
Slide 15: Trusted by Leading Brands Across Sectors
Trusted by Leading Brands Across Sectors 15
Slide 16: Growth Drivers
GROWTH DRIVERS 6n ICE MAKE Trusted Cooling Partner Rising Market Demand Growing consumption of dairy, horticulture, seafood, and other perishables is fueling the need for reliable cold chain systems to cut spoilage and preserve quality. Product Innovation A diverse portfolio— cold rooms, refrigerati
Slide 17: Innovative Solutions
Innovative Solutions Customized Chest Freezers for Quick Commerce and Dark Stores 17
Slide 18: Innovative Solutions
Innovative Solutions Visi Coolers: Display Meets Precision Cooling 18
Slide 19: Innovative Solutions
Innovative Solutions Continuous Sandwich PUF Panels 19
Slide 20: Diverse Offerings
Diverse Offerings 20
Slide 21: Diverse Offerings, One Trusted Brand
Diverse Offerings, One Trusted Brand Year of 1993 Commencement Primary Purpose Temperature Range Key Features Materials Used Industry Applications 21
Slide 22: Diverse Offerings, One Trusted Brand
Diverse Offerings, One Trusted Brand Year of 2002 Commencement Primary Purpose Temperature Range Key Features Materials Used Industry Applications 22
Slide 23: Diverse Offerings, One Trusted Brand
Diverse Offerings, One Trusted Brand Year of 2003 Commencement Primary Purpose Temperature Range Key Features Materials Used Industry Applications 23
Slide 24: Diverse Offerings, One Trusted Brand
Diverse Offerings, One Trusted Brand Year of 2012 Commencement Primary Purpose Temperature Range Key Features Materials Used Industry Applications 24
Slide 25: Diverse Offerings, One Trusted Brand
Diverse Offerings, One Trusted Brand Year of 2018 Commencement Primary Purpose Temperature Range Key Features Materials Used Industry Applications 25
Slide 26: Diverse Offerings, One Trusted Brand
Diverse Offerings, One Trusted Brand Year of 2018 Commencement Primary Purpose Temperature Range Key Features Materials Used Industry Applications 26
Slide 27: Vertical-Wise Sales
Vertical-Wise Sales 3 2 17 17 9 8 51 48 5 3 16 21 v 27
Slide 28: Zone-Wise Sales
Zone-Wise Sales 3 3 3 3 14 18 14 12 12 11 51 56 v 28
Slide 29: Awards & Recognition
AWARDS & RECOGNITION €n ICE MAKE Trusted Cooling Partner tA AY tl x / Be \ &e 4, ‘ \ Loy ww Sy wy Indian Leadership Award Best Medium Enterprise Skoch Order of Merit & (Manufacturing) Skoch Achiever Award For Industrial Development from India Achievers from Canara Bank in 2014 from Skoch Group in 20
Slide 30: ESG Initiatives
ESG Initiatives Environment Social Governance ❖ ❖ ❖ ❖ ❖ ❖ 30
Slide 31: Board of Directors
Board of Directors Mr. Chandrakant P. Patel Mr. Rajendra P. Patel Mr. Vipul I. Patel Chairman & Managing Director Joint Managing Director Joint Managing Director Age: 57 years Age: 55 years Age: 50 years Co-founder & Promoter Director Co-founder & Promoter Director Co-founder & Promoter Director ❖ ❖
Slide 32: Board of Directors
Board of Directors Ms. Darsha R. Kikani Mr. Harshadrai P. Pandya Mr. Krishnakant L. Patel Independent Director Independent Director Independent Director Age: 68 years Age: 75 years Age: 67 years Qualified Company Secretary Engineer/Technical Businessman and Management Professional ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ 32
Slide 33: Steered by Visionary Leadership - Our Next-Gen Leaders
Steered by Visionary Leadership - Our Next-Gen Leaders Mr. Ketul Vipulbhai Patel Mr. Deep Rajendrabhai Patel Mr. Devarsh Chandrakantbhai Patel Plant Head – Transport Refrigeration Product Head – Continuous Sandwich Panels Divisional Head – Commercial Refrigeration Age: 26 years Age: 26 years Age: 25
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