What is the future projection of Refrigerator Stocks?

Refrigerator stocks globally and in India are likely to follow a steadily rising market, with India’s refrigerator sector projected to grow from about US $5.3 bn in 2025 to US $7.7 bn by 2030 (~7.6 % CAGR), and global household refrigeration markets expanding at 4–6 % CAGR through the early 2030s. Indian appliance makers may benefit from Panasonic’s exit from refrigerators, reducing domestic competition Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

How to choose Refrigerator Stocks for investing?

Choosing refrigerator-related stocks involves analyzing financial statements for sales volumes, margins, and export revenues. Conduct fundamental analysis on demand drivers like urbanization, rising incomes, and replacement cycles. Evaluate cost structures, raw material dependencies, and brand positioning. Compare valuation multiples with appliance industry benchmarks. Assess R&D investments, distribution networks, and after-sales services to gauge long-term competitiveness. With over 200+ filters, you can fundamentally analyse and evaluate the stocks on Tickertape Stock Screener and identify stocks that aligns with your investment thesis. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Do Refrigerator Stocks offer regular dividends?

These companies usually offer dividends, though the payouts may be moderate since a part of profits is reinvested in R&D and expansion. However, you can use Tickertape Stock Screener to filter Refrigerator Stocksby dividend yield, dividend history, and payout ratios to identify consistent payers. Disclaimer: This is only for educational purposes as the latest data is derived from Tickertape Stock Screener.

What are the factors affecting Refrigerator Stocks prices?

Refrigerator stocks are affected by seasonal demand, rising incomes, and consumer financing availability. Raw material prices like steel, copper, and aluminium play a big role in margins. Government energy-efficiency norms, PLI schemes, and urbanisation further shape growth, while global supply chain dynamics can influence costs. Disclaimer: Please note that the above information is for educational purposes only.

List of Refrigerator Stocks in India (2025)

Q: How to invest in Refrigerator Stocks?

Here’s how you can invest in Refrigerator stocks - Go to the Tickertape Stock Screener Select the "Refrigerator" stocks. From the Refrigerator stocks, analyse and sort the Refrigerator stocks using over 200+ filters - including valuation ratios, financials, technical indicators, and more - based on your investment thesis. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Refrigerator stocks. Disclaimer: Please do your own research or consult your financial advisor before investing.

Refrigerator stocks represent consumer durables companies manufacturing and selling refrigerators. These stocks are linked to household demand, seasonal sales, and rising middle-class consumption, reflecting India’s growing white goods and home appliances market.

Top Refrigerator Stocks in 2025

Refrigerator Stock Screener

Refrigerator Stock Screener: Analyse & Filter Indian Stocks on Tickertape

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Showing 1 - 13 of 13 results

last updated at 6:30 AM IST

	NameStocks (13)↓	↓Sub-SectorSub-Sector↓	↓Market CapMarket Cap↓	↓Close PriceClose Price↓	↓PE RatioPE Ratio↓	↓1D Return1D Return↓	↓1M Return1M Return↓	↓6M Return6M Return↓	↓1Y Return1Y Return↓	↓PB RatioPB Ratio↓	↓Return on EquityReturn on Equity↓	↓ROCEROCE↓	↓Dividend YieldDiv Yield↓	↓Debt to EquityDebt to Equity↓	↓Volatility vs NiftyVolatility vs Nifty↓
1.	Crompton Greaves Consumer Electricals Ltd CROMPTON	Home Electronics & AppliancesHome Electronics & Appliances	16,474.5616,474.56	258.90258.90	29.6329.63	1.191.19	-10.21-10.21	-25.50-25.50	-36.63-36.63	4.284.28	15.2415.24	19.2319.23	1.171.17	0.120.12	2.042.04
2.	PG Electroplast Ltd PGEL	Electronic EquipmentsElectronic Equipments	16,302.8016,302.80	579.05579.05	56.6456.64	1.211.21	-0.75-0.75	-23.76-23.76	-25.07-25.07	5.765.76	14.8914.89	14.4214.42	0.040.04	0.140.14	4.524.52
3.	V Guard Industries Ltd VGUARD	Electrical Components & EquipmentsElectrical Components & Equipments	14,809.5414,809.54	338.00338.00	47.2147.21	-0.41-0.41	-8.07-8.07	-9.42-9.42	-21.71-21.71	7.067.06	16.0416.04	19.0119.01	0.440.44	0.060.06	2.012.01
4.	Whirlpool of India Ltd WHIRLPOOL	Home Electronics & AppliancesHome Electronics & Appliances	12,463.8912,463.89	979.10979.10	34.7234.72	-0.34-0.34	-28.94-28.94	-21.74-21.74	-48.74-48.74	3.123.12	9.179.17	11.7611.76	0.510.51	0.070.07	3.503.50
5.	TTK Prestige Ltd TTKPRESTIG	Home Electronics & AppliancesHome Electronics & Appliances	8,775.138,775.13	640.25640.25	78.0478.04	-0.08-0.08	-5.63-5.63	4.314.31	-30.32-30.32	4.684.68	5.685.68	9.349.34	0.940.94	0.100.10	2.242.24
6.	IFB Industries Ltd IFBIND	Auto PartsAuto Parts	6,622.806,622.80	1,606.201,606.20	55.7055.70	-1.73-1.73	-11.19-11.19	5.065.06	-9.46-9.46	7.877.87	15.2515.25	17.4017.40	--	0.300.30	3.763.76
7.	Symphony Ltd SYMPHONY	Home Electronics & AppliancesHome Electronics & Appliances	5,892.695,892.69	861.35861.35	27.7327.73	0.380.38	-9.08-9.08	-26.59-26.59	-38.12-38.12	7.757.75	28.1528.15	37.4037.40	1.511.51	0.190.19	2.392.39
8.	Bajaj Electricals Ltd BAJAJELEC	Home Electronics & AppliancesHome Electronics & Appliances	5,575.575,575.57	479.20479.20	41.7941.79	-0.83-0.83	-4.47-4.47	-26.67-26.67	-39.66-39.66	3.233.23	8.438.43	12.1412.14	0.620.62	0.140.14	2.612.61
9.	Epack Durable Ltd EPACK	Home Electronics & AppliancesHome Electronics & Appliances	2,628.002,628.00	261.35261.35	47.6647.66	-4.30-4.30	-18.11-18.11	-28.80-28.80	-40.22-40.22	2.762.76	5.985.98	12.3412.34	--	0.440.44	3.763.76
10.	Hindware Home Innovation Ltd HINDWAREAP	Home FurnishingHome Furnishing	2,607.262,607.26	303.50303.50	-38.17-38.17	-2.63-2.63	-16.28-16.28	7.977.97	5.465.46	3.323.32	-9.81-9.81	2.372.37	--	1.131.13	3.603.60
11.	Butterfly Gandhimathi Appliances Ltd BUTTERFLY	Home Electronics & AppliancesHome Electronics & Appliances	1,254.341,254.34	686.05686.05	38.5538.55	-2.21-2.21	-6.83-6.83	-9.13-9.13	-14.77-14.77	3.863.86	10.5410.54	14.6814.68	--	0.040.04	2.962.96
12.	Singer India Ltd SINGER	Home Electronics & AppliancesHome Electronics & Appliances	444.17444.17	73.2373.23	60.1060.10	1.651.65	-0.70-0.70	-3.94-3.94	-11.74-11.74	2.792.79	4.874.87	6.556.55	--	0.010.01	3.653.65
13.	Jaipan Industries Ltd JAIPAN	Home Electronics & AppliancesHome Electronics & Appliances	16.8716.87	27.6627.66	70.3070.30	0.000.00	-9.31-9.31	-20.45-20.45	-22.28-22.28	3.853.85	5.635.63	10.5610.56	--	1.081.08	3.913.91

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Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Refrigerator Stocks, based on publicly available information and is sorted by market cap.

What are Refrigerator Stocks?

Refrigerator stocks are publicly listed companies engaged in manufacturing refrigeration solutions, this spans industrial/commercial refrigeration (e.g., cold storage, display cabinets) and consumer refrigerators. These companies may be OEMs or branded players. They play a key role in India’s evolving consumer and cold-chain infrastructure landscape.

Overview of the Top Refrigerator Stocks

Crompton Greaves Consumer Electricals Ltd

Crompton Greaves Consumer Electricals Ltd is a leading Indian manufacturer of consumer durables, including fans, lighting, pumps, and appliances. Known for energy-efficient innovations, it holds strong market shares in ceiling fans and LED lighting. The company focuses on quality, design, and expanding its smart and premium product portfolio.

Whirlpool of India Ltd

Whirlpool of India Ltd, a subsidiary of Whirlpool Corporation (USA), is a prominent home appliance manufacturer offering refrigerators, washing machines, air conditioners, and kitchen appliances. With manufacturing facilities in Pune, Faridabad, and Puducherry, it emphasizes technology, durability, and energy efficiency to serve Indian households with advanced lifestyle solutions.

V Guard Industries Ltd

V Guard Industries Ltd is an Indian consumer electricals company best known for its voltage stabilizers, inverters, water heaters, pumps, and fans. It has expanded into kitchen appliances and smart energy products. V Guard focuses on quality, innovation, and a strong distribution network across India’s urban and rural markets.

PG Electroplast Ltd

PG Electroplast Ltd is an electronics manufacturing services (EMS) and plastic molding company serving consumer durables and automotive industries. It provides solutions like plastic injection molding, PCB assemblies, and finished product assembly for brands in air conditioners, washing machines, and kitchen appliances, supporting both OEM and ODM models.

Market Size of Refrigerator Sector

The refrigerator sector in India shows a wide range of market size estimates due to differing definitions and scope. Residential refrigerators currently account for ~ $3 bn, with strong growth projected through 2030 and beyond. These variations largely arise from whether studies consider only household units or also include commercial and industrial appliances, leading to diverse projections across sources.

How to Invest in Refrigerator Stocks?

Investing in refrigerator stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in refrigerator stocks:

Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
Search for Refrigerator Stocks: Go to Tickertape Stock Screener and search for refrigerator stocks.
Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top refrigerator stocks in India.
Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
Invest Through Your Broker: Once you’ve identified refrigerator stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

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Advantages of Investing in Refrigerator Stocks

Strong Consumer Demand

Refrigerator penetration in Indian households still lags behind developed countries. As disposable incomes rise, the market has ample space to grow.

High Demand in Commercial Refrigeration

Sectors like food processing and pharmaceuticals in India increasingly require reliable storage and transport. With rising food processing and pharma exports, this demand continues to grow.

OEMs Growth

Industrial refrigeration players secure long-term contracts and serve niche demand, which often proves more resilient than seasonal consumer product sales.

Strong Branding and Distribution

These companies rely on customer trust and wide dealer networks, giving them stability even during weaker economic cycles.

Policy Support

The government’s “Make in India” initiative and PLI schemes promote domestic manufacturing. These moves reduce dependence on imports and strengthen supply chains.

Risks of Investing in Refrigerator Stocks

High Input Costs

Refrigeration systems need metals and compressors. Rising commodity prices reduce profitability unless companies pass costs to customers.

Cyclical Nature

Refrigerators are discretionary purchases. During slowdowns, households defer spending, reducing company revenues.

Intense Competition

Continuous price wars and fast innovation (features like energy efficiency, smart connectivity) squeeze margins for smaller companies.

OEMs Risk

Industrial refrigeration firms require high working capital. Weak demand periods can stretch their balance sheets.

Factors to Consider Before Investing in Refrigerator Stocks

Business Focus

Consumer appliance makers (e.g., IFB, Blue Star) rely on brand strength, while OEMs (like Ice Make) grow from niche industrial demand. Investors must match their choice with their risk and return preferences.

Financial Health

Analyze debt, profitability ratios, and margin trends. For example, Ice Make shows a strong five‑year profit CAGR and declining working capital days, which are positive signals.

Export vs Domestic Exposure

Companies with export exposure feel the impact of global cycles, while domestic-focused players depend on Indian policies and consumer confidence.

Conclusion

In conclusion, India’s refrigerator stocks capture a unique space at the crossroads of consumer demand and industrial necessity. With rising urbanization, income growth, and cold-chain expansion, these companies stand to benefit from long-term structural drivers. Investors gain exposure to both stable household demand and specialized industrial applications, creating a balanced opportunity set. However, risks from competition and margin pressures remain. Use the Tickertape Stock Screener 200+ filters to scout stocks aligned with your thesis.

Frequently Asked Questions on Refrigerator Stocks

What are Refrigerator Stocks?
Refrigerator stocks are shares of companies involved in manufacturing, selling, or distributing refrigerators and cooling appliances. These firms benefit from household demand, rising incomes, and technological innovation in energy-efficient cooling solutions across urban and rural markets.
How to invest in Refrigerator Stocks?
Here’s how you can invest in Refrigerator stocks -
1. Go to the Tickertape Stock Screener
2. Select the "Refrigerator" stocks.
3. From the Refrigerator stocks, analyse and sort the Refrigerator stocks using over 200+ filters - including valuation ratios, financials, technical indicators, and more - based on your investment thesis.
4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Refrigerator stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.
What is the future projection of Refrigerator Stocks?
Refrigerator stocks globally and in India are likely to follow a steadily rising market, with India’s refrigerator sector projected to grow from about US $5.3 bn in 2025 to US $7.7 bn by 2030 (~7.6 % CAGR), and global household refrigeration markets expanding at 4–6 % CAGR through the early 2030s. Indian appliance makers may benefit from Panasonic’s exit from refrigerators, reducing domestic competition

Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.
How to choose Refrigerator Stocks for investing?
Choosing refrigerator-related stocks involves analyzing financial statements for sales volumes, margins, and export revenues. Conduct fundamental analysis on demand drivers like urbanization, rising incomes, and replacement cycles. Evaluate cost structures, raw material dependencies, and brand positioning. Compare valuation multiples with appliance industry benchmarks. Assess R&D investments, distribution networks, and after-sales services to gauge long-term competitiveness. With over 200+ filters, you can fundamentally analyse and evaluate the stocks on Tickertape Stock Screener and identify stocks that aligns with your investment thesis.

Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.
Do Refrigerator Stocks offer regular dividends?
These companies usually offer dividends, though the payouts may be moderate since a part of profits is reinvested in R&D and expansion. However, you can use Tickertape Stock Screener to filter Refrigerator Stocksby dividend yield, dividend history, and payout ratios to identify consistent payers. Disclaimer: This is only for educational purposes as the latest data is derived from Tickertape Stock Screener.
What are the factors affecting Refrigerator Stocks prices?
Refrigerator stocks are affected by seasonal demand, rising incomes, and consumer financing availability. Raw material prices like steel, copper, and aluminium play a big role in margins. Government energy-efficiency norms, PLI schemes, and urbanisation further shape growth, while global supply chain dynamics can influence costs.

Disclaimer: Please note that the above information is for educational purposes only.

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