AARON vs ICEMAKE: Stock Comparison

Aaron Industries Limited vs Ice Make Refrigeration Limited

Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings

Ice Make Refrigeration Limited is the larger company by market capitalisation. Aaron Industries Limited shows a lower P/E, a higher ROE and a higher dividend yield, while Ice Make Refrigeration Limited shows faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Side-by-side comparison of Aaron Industries Limited and Ice Make Refrigeration Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, AARON is more favourable on 8 of 13 scored metrics and ICEMAKE on 5These counts are context-free and are not an overall rating.

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,376 Cr vs ₹283 Cr
P/E Ratio
AARON has a lower P/E
35.42x vs 111.82x
P/B Ratio
AARON has a lower P/B
4.96x vs 10.26x
EPS
ICEMAKE has higher earnings per share
₹7.72 vs ₹3.25
Dividend Yield
AARON has a higher dividend yield
0.5% vs 0.27%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 13.3%
EPS Growth (TTM YoY)
ICEMAKE has faster EPS growth
-13.6% vs -14.4%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
41.9% vs 13.4%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricAARONICEMAKE
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsIndustrial Products

Price

MetricAARONICEMAKE
Live Price₹135.25₹865.7
Day Change20%1.38%
Volume3.64 L1.04 L
52-Week High₹478₹920
52-Week Low₹106.8₹660.3
Distance from 52W High-71.71%-5.9%

Valuation

MetricAARONICEMAKE
Market Cap₹283 Cr₹1,376 Cr
P/E Ratio35.42x111.82x
P/B Ratio4.96x10.26x
EPS₹3.25₹7.72
Book Value₹23.66₹84.3
Dividend Yield0.5%0.27%

Growth

MetricAARONICEMAKE
Revenue Growth (TTM YoY)13.3%41.9%
EPS Growth (TTM YoY)-14.4%-13.6%
Qtr Sales Growth13.4%41.9%
Qtr Profit Growth-15.6%-13.7%

Profitability & Leverage

MetricAARONICEMAKE
ROE14.8%9.49%
ROCE18.5%11.6%
Net Margin7.39%1.82%
Operating Margin19.2%6.78%
Debt to Equity0.57x1.19x

Shareholding

As of Mar 2026 • change vs previous quarter
MetricAARONICEMAKE
Promoter Holding73.07% 0.01 pp74.2%
FII Holding0%0.31% 0.09 pp
DII Holding0%1.38% 0.26 pp
Public Holding26.93% 0.01 pp24.11% 0.17 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Aaron Industries Limited and Ice Make Refrigeration Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.