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 strategic asset allocation of Ice Make Refrigeration Limited to assess the company's strategic physical and investment asset allocation.
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. See Ice Make Refrigeration Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. For the full company profile including market capitalisation, see Ice Make Refrigeration Limited (ICEMAKE) total market value.
| 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 | — |