Ice Make Refrigeration Ltd. · NSE:ICEMAKE
Ice Make Refrigeration — Investor Presentation (September 2025)
35 slides from Ice Make Refrigeration's investor presentation, Sep 29, 2025
Slide 1: Investors Presentation filing letter to NSE
September 29, 2025 National Stock Exchange of India Limited Exchange Plaza, Plot No. C / 1, G Block, Bandra Kurla Complex – Bandra (E) Mumbai 400051 NSE Symbol: ICEMAKE Subject: Investors Presentation Reference: Regulation 30 read with schedule III of the SEBI (Listing Obligations and Disclosure Req
Slide 2: From Core to More - Investor Presentation 2024-25
~ICE MAKE ~ From Core - - - - to More <~~ • Investor Presentation 2024-25 ~ •
Slide 3: Safe Harbor Statement
~ICE MAKE SAFE HARBOR 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, recomme
Slide 4: Company Overview
Company Overview 3
Slide 5: Chairman's Statement
Chairman’s Statement ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ 4
Slide 6: 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 7: About the Company
About the Company Mission ❖ ❖ ❖ ❖ ❖ OUR Philosophy OF SUCCESS Our Vision ❖ ❖ ❖ ❖ 6
Slide 8: Revenue Contribution by Business Verticals
Revenue Contribution by Business Verticals 51% 8% 2% 17% 3% 16% 3% 7
Slide 9: Revenue Contribution by Industry
Revenue Contribution by Industry 30-40% 15-20% 15-20% 5-7% 3-5% 8
Slide 10: Shaping identity through strategic milestones
Shaping identity through strategic milestones ~ICE MAKE 1989 2013 2016 2019 2022 Began operations in a small Secured BS OHSAS Acquired Bharat Launched low-temperature, low- Launched solar cold workshop, specializing in 18001:2007 certification from Refrigerations Private Limited; humidity dryer for
Slide 11: Across India, Beyond Borders
Across India, Beyond Borders ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ 10
Slide 12: Across India, Beyond Borders
Across India, Beyond Borders ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ ❖ 11
Slide 13: 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 14: 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 15: 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 16: Trusted by Leading Brands Across Sectors
Trusted by Leading Brands Across Sectors ~ICE MAKE . KOHLER® • . The Taste of India ~ u.....Rw.,.,. l..u.ut..d. ADITYA BIRLA Kitchen® ~ CHEMICALS QNTAS) Xpress • -- + Indian Red Cr oss Society -c~nva MIUl P1tOCIUCDa• UNJON \.TD ~ i$,A,l) isrc AfVIf1D FUTURE RETAIUIIII ... ..,__ ~ HLL Lifecare Limite
Slide 17: Growth Drivers
Growth Drivers ~ICE MAKE Rising Market Product Wider Policy Retail & Food Healthcare Demand Innovation Reach Push Trends Growth Growing A diverse portfolio- Five plants and Government Quick commerce, Rising need for consumption of cold rooms, exports to 24+ initiatives like organized retail, tempera
Slide 18: Innovative Solutions: Customized Chest Freezers
Innovative Solutions Customized Chest Freezers for Quick Commerce and Dark Stores 17
Slide 19: Innovative Solutions: Visi Coolers
Innovative Solutions Visi Coolers: Display Meets Precision Cooling 18
Slide 20: Innovative Solutions: Continuous Sandwich PUF Panels
Innovative Solutions Continuous Sandwich PUF Panels 19
Slide 21: Diverse Offerings
Diverse Offerings 20
Slide 22: 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 23: 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 24: 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 25: 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 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 25
Slide 27: 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 28: Vertical-Wise Sales
Vertical-Wise Sales 3 2 17 17 9 8 51 48 5 3 16 21 v 27
Slide 29: Zone-Wise Sales
Zone-Wise Sales 3 3 3 3 14 18 14 12 12 11 51 56 v 28
Slide 30: Awards & Recognition
Awards & Recognition ~ICE MAKE Indian Leadership Award Best Medium Enterprise Skoch Order of Merit & For Industrial Development (Manufacturing) Skoch Achiever Award from India Achievers from Canara Bank in 2014 from Skoch Group in 2014 Foundation in 2011 'India 100 SME' Award Recognition for the 201
Slide 31: ESG Initiatives
ESG Initiatives Environment Social Governance ❖ ❖ ❖ ❖ ❖ ❖ 30
Slide 32: 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 33: 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 34: 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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