Ice Make Refrigeration Limited (ICEMAKE) — Financial Flexibility Index
Ice Make Refrigeration Limited (ICEMAKE) has a Financial Flexibility Index of -0.10x as of September 2025. Free cash flow of Rs-309.57 Million (operating CF Rs-528.16 Million minus capex Rs218.60 Million) represents 0% of total liabilities (Rs3.06 Billion). Check Ice Make Refrigeration Limited cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Ice Make Refrigeration Limited Financial Flexibility Index (2013–2025)
Historical Financial Flexibility Index trend for Ice Make Refrigeration Limited across 13 annual periods. For the full cash flow conversion analysis, see how efficiently does Ice Make Refrigeration Limited generate cash.
Annual Financial Flexibility Index for Ice Make Refrigeration Limited (2013–2025)
Year-by-year free cash flow to debt coverage for Ice Make Refrigeration Limited. Explore debt repayment capacity of Ice Make Refrigeration Limited to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.46x | Rs1.12 Billion | Rs299.75 Million | Rs2.44 Billion | ▲ +13.8% |
| 2024 | 0.40x | Rs434.06 Million | Rs103.79 Million | Rs1.07 Billion | ▲ +12.0% |
| 2023 | 0.36x | Rs281.25 Million | Rs243.50 Million | Rs778.98 Million | ▲ +85.3% |
| 2022 | 0.19x | Rs123.46 Million | Rs83.12 Million | Rs633.64 Million | ▼ -41.9% |
| 2021 | 0.34x | Rs172.53 Million | Rs123.55 Million | Rs514.84 Million | ▲ +155.2% |
| 2020 | 0.13x | Rs67.72 Million | Rs-9.11 Million | Rs515.73 Million | ▼ -77.9% |
| 2019 | 0.59x | Rs194.43 Million | Rs82.03 Million | Rs327.01 Million | ▲ +637.9% |
| 2018 | 0.08x | Rs29.70 Million | Rs-20.29 Million | Rs368.65 Million | ▼ -71.9% |
| 2017 | 0.29x | Rs113.44 Million | Rs74.97 Million | Rs396.22 Million | ▲ +330.4% |
| 2016 | 0.07x | Rs18.82 Million | Rs5.50 Million | Rs282.94 Million | ▼ -75.7% |
| 2015 | 0.27x | Rs70.26 Million | Rs46.31 Million | Rs256.66 Million | ▲ +149.9% |
| 2014 | 0.11x | Rs23.61 Million | Rs-4.14 Million | Rs215.53 Million | ▼ -47.8% |
| 2013 | 0.21x | Rs34.23 Million | Rs25.50 Million | Rs163.21 Million | — |