AEPL vs ICEMAKE: Stock Comparison

Artemis Electricals & Projects Ltd vs Ice Make Refrigeration LimitedUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Ice Make Refrigeration Limited is the larger company by market capitalisation. Artemis Electricals & Projects Ltd shows a lower P/E, a higher ROE and lower leverage, while Ice Make Refrigeration Limited shows a higher dividend yield and 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.

Metric snapshot

AEPL leads 8; ICEMAKE leads 5 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

AEPLICEMAKE

Valuation lens

What price are you paying?

Market CapContext only
₹373 Cr
₹1,144 Cr
P/E RatioAEPL has the lower reading
42.86x
94.99x
P/B RatioAEPL has the lower reading
3.98x
8.54x
EPSICEMAKE has the higher reading
₹0.35
₹7.71
Book ValueContext only
₹3.77
₹84.3
Dividend YieldICEMAKE has the higher reading
0.03%
0.27%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,144 Cr vs ₹373 Cr
P/E Ratio
AEPL has a lower P/E
42.86x vs 94.99x
P/B Ratio
AEPL has a lower P/B
3.98x vs 8.54x
EPS
ICEMAKE has higher earnings per share
₹7.71 vs ₹0.35
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0.03%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
AEPL has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
41.9% vs 8.7%

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

Profile

MetricAEPLICEMAKE
SectorCapital Goods
IndustryIndustrial Products

Price

MetricAEPLICEMAKE
Live Price₹14.64₹721.7
Day Change-2.33%-0.6%
Volume21,51528,779
52-Week High₹20.25₹920
52-Week Low₹13.25₹660.3
Distance from 52W High-27.7%-21.55%

Valuation

MetricAEPLICEMAKE
Market Cap₹373 Cr₹1,144 Cr
P/E Ratio42.86x94.99x
P/B Ratio3.98x8.54x
EPS₹0.35₹7.71
Book Value₹3.77₹84.3
Dividend Yield0.03%0.27%

Growth

MetricAEPLICEMAKE
Revenue Growth (TTM YoY)0%41.9%
EPS Growth (TTM YoY)0%-13.6%
Qtr Sales Growth8.7%41.9%
Qtr Profit Growth-20.5%-13.7%

Profitability & Leverage

MetricAEPLICEMAKE
ROE9.65%9.49%
ROCE12.9%11.6%
Net Margin10.81%1.82%
Operating Margin15.4%6.78%
Debt to Equity0.02x1.19x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricAEPLICEMAKE
Promoter Holding72.45%74.2%
FII Holding0%0.31% 0.09 pp
DII Holding0%1.38% 0.26 pp
Public Holding27.55%24.11% 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: Artemis Electricals & Projects Ltd 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.