BAJAJST vs ICEMAKE: Stock Comparison

BAJAJ STEEL INDS. vs ICE MAKE REFRIGERATUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

ICE MAKE REFRIGERAT is the larger company by market capitalisation. BAJAJ STEEL INDS. shows a lower P/E, lower leverage and a higher ROCE, while ICE MAKE REFRIGERAT shows a higher ROE 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

BAJAJST leads 7; 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.

BAJAJSTICEMAKE

Valuation lens

What price are you paying?

Market CapContext only
₹769 Cr
₹1,325 Cr
P/E RatioBAJAJST has the lower reading
25.87x
95.91x
P/B RatioBAJAJST has the lower reading
1.78x
8.63x
EPSICEMAKE has the higher reading
₹-1.79
₹-0.89
Book ValueContext only
₹203.83
₹84.04
Dividend YieldSame reading
0%
0%

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

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,325 Cr vs ₹769 Cr
P/E Ratio
BAJAJST has a lower P/E
25.87x vs 95.91x
P/B Ratio
BAJAJST has a lower P/B
1.78x vs 8.63x
EPS
ICEMAKE has higher earnings per share
₹-0.89 vs ₹-1.79
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
BAJAJST has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
-1.57% vs -10.66%
Qtr Profit Growth
ICEMAKE has stronger quarterly profit growth
14.97% vs -1,284.33%

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

Profile

MetricBAJAJSTICEMAKE
SectorCapital Goods
IndustryIndustrial Products

Price

MetricBAJAJSTICEMAKE
Live Price₹365.65₹730.1
Day Change0.84%0.3%
Volume9,97211,852
52-Week High₹507.8₹920
52-Week Low₹343₹660.3
Distance from 52W High-27.99%-20.64%

Valuation

MetricBAJAJSTICEMAKE
Market Cap₹769 Cr₹1,325 Cr
P/E Ratio25.87x95.91x
P/B Ratio1.78x8.63x
EPS₹-1.79₹-0.89
Book Value₹203.83₹84.04
Dividend Yield0%0%

Growth

MetricBAJAJSTICEMAKE
Revenue Growth (TTM YoY)0%41.9%
EPS Growth (TTM YoY)0%-13.6%
Qtr Sales Growth-10.66%-1.57%
Qtr Profit Growth-1,284.33%14.97%

Profitability & Leverage

MetricBAJAJSTICEMAKE
ROE8.7%9.15%
ROCE7.92%7.68%
Net Margin7.04%1.82%
Operating Margin10.51%4.34%
Debt to Equity0.13x1.14x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBAJAJSTICEMAKE
Promoter Holding56.62%64.52% 9.68 pp
FII Holding0.04%0.01% 0.3 pp
DII Holding0.01%0.88% 0.5 pp
Public Holding43.33% 0.01 pp34.6% 10.49 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: BAJAJ STEEL INDS. and ICE MAKE REFRIGERAT.

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.