Ice Make Refrigeration

Ice Make Refrigeration ROCE

The Return on Capital Employed (ROCE) of Ice Make Refrigeration (ICEMAKE.NS) as of Oct 19, 2026 is 21.20 %. In the previous year, Return on Capital Employed (ROCE) was 27.68 % — a change of -23.42% (lower).

ROCE

21.20 %

YoY

-23.42%

Last updated:

In 2026, Ice Make Refrigeration's return on capital employed (ROCE) was 21.20 %, a -23.42% increase from the 27.68 % ROCE in the previous year.

The Ice Make Refrigeration ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
22.70 INR
Jan 1, 2020
16.50 INR
Jan 1, 2021
12.56 INR
Jan 1, 2022
20.70 INR
Jan 1, 2023
35.79 INR
Jan 1, 2024
35.85 INR
Jan 1, 2025
27.68 INR
Jan 1, 2026
21.20 INR
The Ice Make Refrigeration ROCE history
YEARROCEYoY
21.20 %-23.42%
27.68 %-22.79%
35.85 %+0.17%
35.79 %+72.93%
20.70 %+64.76%
12.56 %-23.87%
16.50 %-27.32%
22.70 %-8.63%
24.84 %-55.83%
56.25 %+6.40%
52.87 %+53.92%
34.35 %-3.31%
35.52 %—

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Ice Make Refrigeration Stock analysis

What does Ice Make Refrigeration do? Ice Make Refrigeration Ltd., based in Ahmedabad, India, operates in the Industrials sector, specializing in machinery for refrigeration equipment. The company manufactures and supplies customized cooling solutions, including cold storage, commercial, industrial, transport, and ammonia refrigeration systems. Its product range features cold rooms, PUF panels, commercial units, ice cream plants, and specialized equipment. Employing 300 full-time staff, Ice Make serves diverse industries with its branded products under Ice Make, Bharat, and TransFreez. Ice Make Refrigeration is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Ice Make Refrigeration's Return on Capital Employed (ROCE)

Ice Make Refrigeration's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Ice Make Refrigeration's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Ice Make Refrigeration's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Ice Make Refrigeration’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Ice Make Refrigeration stock

Return on Capital Employed (ROCE) of Ice Make Refrigeration is 21.20 % in 2026.

Return on Capital Employed (ROCE) of Ice Make Refrigeration changed from 27.68 % to 21.20 %, representing a -23.42% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Ice Make Refrigeration since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Ice Make Refrigeration with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Ice Make Refrigeration

All Key Metrics — Ice Make Refrigeration