BAJAJST vs ICEMAKE: Stock Comparison
ICE MAKE REFRIGERAT is the larger company by market capitalisation. BAJAJ STEEL INDS. shows a lower P/E, a higher ROE and a higher dividend yield, while ICE MAKE REFRIGERAT 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.
Metric snapshot
BAJAJST leads 11; ICEMAKE leads 2 of 13
Interactive comparison
Compare the numbers that shape the decision
Every row uses its own scale. Switch lenses to compare like with like.
Valuation lens
What price are you paying?
✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | BAJAJST | ICEMAKE |
|---|---|---|
| Sector | — | Capital Goods |
| Industry | — | Industrial Products |
Price
| Metric | BAJAJST | ICEMAKE |
|---|---|---|
| Live Price | ₹309.85 | ₹662.35 |
| Day Change | 1.71% | 3.65% |
| Volume | 4,028 | 29,087 |
| 52-Week High | ₹507.8 | ₹920 |
| 52-Week Low | ₹293.5 | ₹602 |
| Distance from 52W High | -38.98% | -28.01% |
Valuation
| Metric | BAJAJST | ICEMAKE |
|---|---|---|
| Market Cap | ₹652 Cr | ₹1,207 Cr |
| P/E Ratio | 22.86x | 87.73x |
| P/B Ratio | 1.58x | 7.89x |
| EPS | ₹-0.13 | ₹-1.04 |
| Book Value | ₹203.83 | ₹84.04 |
| Dividend Yield | 0.32% | 0% |
Growth
| Metric | BAJAJST | ICEMAKE |
|---|---|---|
| Revenue Growth (TTM YoY) | 0% | 41.9% |
| EPS Growth (TTM YoY) | 0% | -13.6% |
| Qtr Sales Growth | 3.08% | 0% |
| Qtr Profit Growth | -111.59% | 0% |
Profitability & Leverage
| Metric | BAJAJST | ICEMAKE |
|---|---|---|
| ROE | 8.7% | 8.01% |
| ROCE | 9.6% | 7.12% |
| Net Margin | 7.04% | 1.82% |
| Operating Margin | 10.51% | 4.06% |
| Debt to Equity | 0.13x | 1.1x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | BAJAJST | ICEMAKE |
|---|---|---|
| Promoter Holding | 56.62% | 64.52%▼ 9.68 pp |
| FII Holding | 0.04% | 0.03%▼ 0.28 pp |
| DII Holding | 0.01% | 0.25%▼ 1.13 pp |
| Public Holding | 43.33%▼ 0.01 pp | 35.2%▲ 11.09 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.
Related Comparisons
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.

