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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ice Make Refrigeration's interest expense for the
three
months ended in Mar. 2026 was ₹ -37 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-126 Mil.
Ice Make Refrigeration (NSE:ICEMAKE) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
Ice Make Refrigeration Interest Expense Historical Data
* Premium members only.
The historical data trend for Ice Make Refrigeration's Interest Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ice Make Refrigeration Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-126 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ice Make Refrigeration (NSE:ICEMAKE) has a Interest Expense of ₹-126 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Ice Make Refrigeration and its competitors.
Is Ice Make Refrigeration's Interest Expense too high?
Ice Make Refrigeration's current Interest Expense is ₹-126 Mil. Overall, Ice Make Refrigeration has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ice Make Refrigeration's Interest Expense compare to GEV and ETN?
Ice Make Refrigeration's Interest Expense of ₹-126 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Ice Make Refrigeration and its competitors. Ice Make Refrigeration's current Interest Expense is ₹-126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ice Make Refrigeration stock overvalued right now?
Based on GuruFocus' analysis, Ice Make Refrigeration (NSE:ICEMAKE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,162.51, compared to a current price of ₹751.65 — trading 35.3% below its estimated fair value. The current Interest Expense is ₹-126 Mil. Ice Make Refrigeration's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Ice Make Refrigeration (NSE:ICEMAKE), the current Interest Expense is ₹-126 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ice Make Refrigeration (NSE:ICEMAKE) Overvalued in 2026?
Based on GuruFocus' analysis, Ice Make Refrigeration stock appears to be undervalued.
The current stock price of ₹751.65 is trading 35.3% below its estimated GF Value™ of ₹1,162.51.
GuruFocus considers Ice Make Refrigeration to be Possible Value Trap.
Key valuation signals for NSE:ICEMAKE:
Interest Expense: ₹-126 Mil
GF Value™: ₹1,162.51 vs. price of ₹751.65 (35.3% below fair value)
No single metric tells the full story. See the NSE:ICEMAKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment is the Manufacturing of Cold Rooms, freezers, Refrigeration Systems, and chilling plants. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.
92GF Score
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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