AVANTEL vs ICEMAKE: Stock Comparison

Avantel Limited vs Ice Make Refrigeration Limited

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

Avantel Limited is the larger company by market capitalisation. Avantel Limited shows lower leverage and a higher net margin, while Ice Make Refrigeration Limited shows a lower P/E, a higher ROE and a higher dividend yield. 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 Avantel 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, AVANTEL is more favourable on 3 of 13 scored metrics and ICEMAKE on 10These counts are context-free and are not an overall rating.

Key Differences

Market Cap
AVANTEL is the larger company
₹4,344 Cr vs ₹1,376 Cr
P/E Ratio
ICEMAKE has a lower P/E
111.82x vs 251.69x
P/B Ratio
ICEMAKE has a lower P/B
10.26x vs 12.85x
EPS
ICEMAKE has higher earnings per share
₹7.72 vs ₹0.43
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0.12%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 29.6%
EPS Growth (TTM YoY)
ICEMAKE has faster EPS growth
-13.6% vs -31%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
41.9% vs 29.6%

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

Profile

MetricAVANTELICEMAKE
SectorCapital GoodsCapital Goods
IndustryAerospace & DefenseIndustrial Products

Price

MetricAVANTELICEMAKE
Live Price₹163.49₹865.7
Day Change-0.6%1.38%
Volume10.29 L1.04 L
52-Week High₹215₹920
52-Week Low₹117.05₹660.3
Distance from 52W High-23.96%-5.9%

Valuation

MetricAVANTELICEMAKE
Market Cap₹4,344 Cr₹1,376 Cr
P/E Ratio251.69x111.82x
P/B Ratio12.85x10.26x
EPS₹0.43₹7.72
Book Value₹12.73₹84.3
Dividend Yield0.12%0.27%

Growth

MetricAVANTELICEMAKE
Revenue Growth (TTM YoY)29.6%41.9%
EPS Growth (TTM YoY)-31%-13.6%
Qtr Sales Growth29.6%41.9%
Qtr Profit Growth-21.6%-13.7%

Profitability & Leverage

MetricAVANTELICEMAKE
ROE5.29%9.49%
ROCE9.63%11.6%
Net Margin7.77%1.82%
Operating Margin21.6%6.78%
Debt to Equity0.1x1.19x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricAVANTELICEMAKE
Promoter Holding37.04%74.2%
FII Holding1.53% 0.98 pp0.31% 0.09 pp
DII Holding1.14% 0.22 pp1.38% 0.26 pp
Public Holding60.29% 1.19 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: Avantel 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.