Integrated Filing — IndAS



General information about company

Scrip Code 000000
NSE Symbol ICEMAKE
MSEI Symbol NOTLISTED
ISIN INE520Y01019
Name of company ICE MAKE REFRIGERATION LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 13-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment The company operates in a single segment and in line with Ind AS 108 Operating Segmen the operation of the company fall under manufacturing of cold room freezer
Start date and time of board meeting 13-08-2026   11:00:00
End date and time of board meeting 13-08-2026   17:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 17,888.44 17,888.44
Other income 10.61 10.61
Total income 17,899.05 17,899.05
2 Expenses
(a) Cost of materials consumed 14,681.11 14,681.11
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,157.22) (1,157.22)
(d) Employee benefit expense 1,018.27 1,018.27
(e) Finance costs 326.86 326.86
(f) Depreciation, depletion and amortisation expense 205.31 205.31
(f) Other Expenses
1 Other Expenses 3,047.67 3,047.67
Total other expenses 3,047.67 3,047.67
Total expenses 18,122.00 18,122.00
3 Total profit before exceptional items and tax (222.95) (222.95)
4 Exceptional items 0.00 0.00
5 Total profit before tax (222.95) (222.95)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax (57.70) (57.70)
9 Total tax expenses (57.70) (57.70)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (165.25) (165.25)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (165.25) (165.25)
17 Other comprehensive income net of taxes (1.95) (1.95)
18 Total Comprehensive Income for the period (167.20) (167.20)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (163.56) (163.56)
Total profit or loss, attributable to non-controlling interests (1.69) (1.69)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (165.51) (165.51)
Total comprehensive income for the period attributable to owners of parent non-controlling interests (1.69) (1.69)
21 Details of equity share capital
Paid-up equity share capital 1,577.97 1,577.97
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -1.04 -1.04
Diluted earnings (loss) per share from continuing operations -1.04 -1.04
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -1.04 -1.04
Diluted earnings (loss) per share from continuing and discontinued operations -1.04 -1.04
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) NOTES:- 1 The above unaudited consolidated financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their respective meetings held on August 13, 2026. 2 The statutory auditor have carried out Limited Review of the financial result for the quarter ended June 30, 2026 as per regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. 3 The Company operates in a single segment and in line with Ind AS 108 - Operating Segments, the operations of the Company fall under Manufacturing of Cold Rooms, Freezer, Refrigeration System, Chilling Plants, etc. which is considered to be the only reportable business segment. 4 The company has one wholly owned subsidiary M/s. Bharat Refrigerations Private Limited and another subsidiary company in the name of M/s. lcebest Private Limited with the company having 60% share in the said subsidiary. The consolidated results include results of wholly owned subsidiary M/s Bharat Refrigerations Private Limited and M/s lcebest Private Limited. 5 Effective 1 April 2026, the Company has changed its method of providing depreciation on Property, Plant and Equipment from the Written Down Value (WDV) method to the Straight Line Method (SLM}, in accordance with the provisions of Schedule II to the Companies Act, 2013. The Company believes the SLM method results in a more systematic and appropriate allocation of the depreciable amount over the useful life of the assets, reflecting the pattern in which the economic benefits of the assets are expected to be consumed, and improves comparability with industry peers. In accordance with paragraphs 32-38 of Ind AS 8, Accounting Policies, Changes in Accounting Estimates and Errors, this change constitutes a change in accounting estimate and has accordingly been applied prospectively with effect from 1 April 2026. No restatement of the financial statements for prior periods has been made. Had the Company continued to follow the WDV method, depreciation for the quarter ended 30 June 2026 (Standalone) would have been Rs. 458.57 lakh, as against Rs. 205.31 lakh actually charged under the SLM method. Consequently, depreciation expense for the quarter is lower, and loss for the quarter is correspondingly lower, by Rs. 253.26 lakhs on a consolidated basis. This change has no cash flow impact. 6 Previous year figures have been regrouped/rearranged wherever necessary. 7 This statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Indian AS) prescribed under Section 133 of the Companies Act, 2013 and rules amended from time to time.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 2.60 2.60
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (0.65) (0.65)
5 Total Other comprehensive income (1.95) (1.95)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 UMESH SHAH AND ASSOCIATES Yes 30-09-2026