ICEMAKE Ice Make Refrigeration Q3 FY26 results (Oct–Dec 2025) and concall
Ice Make Refrigeration Limited reported robust Q3 FY26 consolidated revenue of ₹153.36 crore, driven by sustained momentum across industrial refrigeration, cold chain, and commercial cooling segments. The company holds a strong order book of ₹180+ crore and has provided an ambitious revenue guidance of ₹1,000 crore by FY28. While input costs and finance expenses continue to pressure margins, management expects improvement from Q4 FY26 through strategic pricing adjustments and operational efficiencies, with new verticals contributing significantly to growth.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q3 FY26: revenue up 38.7%, net profit down 48.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 103 | 111 | 180 | 112 | 147 +43% | 153 +39% |
| EBITDA | 8 | 7 | 21 | 4 | 10 +14% | 10 +48% |
| Net profit | 5 | 3 | 12 | -1 | 2 −58% | 1 −48% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
