Ice Make Refrigeration Limited (ICEMAKE) — Financial Flexibility Index

Latest as of September 2025: -0.10x

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). Also explore net asset growth rate of Ice Make Refrigeration Limited to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs-309.57 Million
Operating CF − Capex

Total Liabilities

Rs3.06 Billion
INR

Capital Expenditures

Rs218.60 Million
INR

Ice Make Refrigeration Limited Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Ice Make Refrigeration Limited across 13 annual periods. Check strategic asset allocation of Ice Make Refrigeration Limited to assess the company's strategic physical and investment asset allocation.

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 market cap and net worth.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities