ICE MAKE REFRIGERAT LTD

Ice Make Refrigeration Limited held its earnings conference call on June 4, 2026, to discuss financial results for the quarter and year ended March 31, 2026. Management reported a record revenue performance, with consolidated revenue for Q4 FY26 at Rs. 255 crore, reflecting a 41.8% year-on-year growth. For the full year, revenue reached Rs. 668 crore, a 39.3% increase from FY25. The CEO highlighted strategic investments in manufacturing and distribution, which impacted near-term profitability but aimed to strengthen competitive positioning. The CFO noted an EBITDA margin of 6.9% for FY26, down from 9.1% in the previous year, primarily due to these investments. Management set a goal of achieving Rs. 1,000 crore in revenue by FY28 and guided toward EBITDA margins of 8.0–8.5% for FY27. The company emphasized its commitment to long-term growth and operational excellence while navigating challenges related to raw material costs and market conditions.

The document presented both strong growth achievements and challenges impacting profitability.