Ice Make Refrigeration Limited Total Assets
Ice Make Refrigeration Limited total assets. Based on the latest financial reports, Ice Make Refrigeration Limited (ICEMAKE) holds total assets worth Rs5.04 Billion INR (≈ $54.46 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Ice Make Refrigeration Limited stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Ice Make Refrigeration Limited (2013–2026)
Total assets of Ice Make Refrigeration Limited from 2013 to 2026. This chart illustrates how Ice Make Refrigeration Limited's total assets have evolved over time, based on quarterly financial data. See ICEMAKE share price today for real-time trading data and today's change.
Ice Make Refrigeration Limited - Asset Composition Analysis
Ice Make Refrigeration Limited Total Assets Breakdown (March 2026)
Ice Make Refrigeration Limited total assets breakdown as of March 2026. Ice Make Refrigeration Limited's total assets of Rs5.04 Billion consist of 66.2% current assets and 33.8% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 0.4% |
| Accounts Receivable | Rs1.55 Billion | 30.7% |
| Inventory | Rs1.48 Billion | 29.4% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs1.55 Million | 0.0% |
| Goodwill | Rs15.16 Million | 0.3% |
Asset Composition Trend (2013–2026)
This chart illustrates how Ice Make Refrigeration Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore ICEMAKE working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ice Make Refrigeration Limited's current assets represent 66.2% of total assets in 2026, a decrease from 71.2% in 2013.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2026, down from 10.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 30.7% of total assets.
Ice Make Refrigeration Limited Competitors by Total Assets
Key competitors of Ice Make Refrigeration Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
China | CN¥26.05 Billion |
|
Sunonwealth Electric Machine Industry Co Ltd
TW:2421
|
Taiwan | NT$19.42 Billion |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥9.23 Billion |
|
TD Power Systems Limited
NSE:TDPOWERSYS
|
India | Rs18.77 Billion |
|
AA Industrial Belting
SHG:603580
|
China | CN¥845.44 Million |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥54.79 Billion |
|
Sinoseal Holding Co Ltd
SHE:300470
|
China | CN¥3.49 Billion |
|
Raymond Limited
NSE:RAYMOND
|
India | Rs47.38 Billion |
Ice Make Refrigeration Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.17 | 1.17 | 1.58 |
| Quick Ratio | 0.65 | 0.60 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rs489.39 Million | Rs320.34 Million | Rs270.07 Million |
Ice Make Refrigeration Limited - Advanced Valuation Insights
This section examines the relationship between Ice Make Refrigeration Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.30 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 37.0% |
| Total Assets | Rs5.04 Billion |
| Market Capitalization | $111.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ice Make Refrigeration Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ice Make Refrigeration Limited's assets grew by 37.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ice Make Refrigeration Limited (2013–2026)
The table below shows the annual total assets of Ice Make Refrigeration Limited from 2013 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | Rs5.04 Billion ≈ $54.46 Million |
+36.95% |
| 2025-03-31 | Rs3.68 Billion ≈ $39.77 Million |
+73.96% |
| 2024-03-31 | Rs2.11 Billion ≈ $22.86 Million |
+32.92% |
| 2023-03-31 | Rs1.59 Billion ≈ $17.20 Million |
+27.17% |
| 2022-03-31 | Rs1.25 Billion ≈ $13.52 Million |
+16.00% |
| 2021-03-31 | Rs1.08 Billion ≈ $11.66 Million |
+2.82% |
| 2020-03-31 | Rs1.05 Billion ≈ $11.34 Million |
+26.66% |
| 2019-03-31 | Rs827.72 Million ≈ $8.95 Million |
+1.61% |
| 2018-03-31 | Rs814.61 Million ≈ $8.81 Million |
+47.59% |
| 2017-03-31 | Rs551.95 Million ≈ $5.97 Million |
+42.72% |
| 2016-03-31 | Rs386.74 Million ≈ $4.18 Million |
+15.78% |
| 2015-03-31 | Rs334.02 Million ≈ $3.61 Million |
+17.80% |
| 2014-03-31 | Rs283.56 Million ≈ $3.07 Million |
+35.40% |
| 2013-03-31 | Rs209.43 Million ≈ $2.26 Million |
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About Ice Make Refrigeration Limited
Ice Make Refrigeration Limited, together with its subsidiaries, manufactures and supplies refrigeration products and equipment under the Ice Make, Bharat, and TransFreez brands in India. The company offers cold storage products, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezers and chillers, glass door display chillers, ripening chambers, cold room P… Read more