BALCO vs ICEMAKE: Stock Comparison

BALCO vs ICE MAKE REFRIGERATUpdated 21 Sept 26, 4:08 PM ISTNSE & company filings

ICE MAKE REFRIGERAT is the larger company by market capitalisation. BALCO shows lower leverage, while ICE MAKE REFRIGERAT shows a higher ROE, 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

BALCO leads 4; ICEMAKE leads 7 of 11

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.

BALCOICEMAKE

Valuation lens

What price are you paying?

Market CapContext only
₹9 Cr
₹1,259 Cr
P/E RatioSame reading
95.91x
P/B RatioSame reading
8.63x
EPSICEMAKE has the higher reading
₹1
₹7.61
Book ValueContext only
₹23.84
₹84.3
Dividend YieldICEMAKE has the higher reading
0%
0.33%

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

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,259 Cr vs ₹9 Cr
EPS
ICEMAKE has higher earnings per share
₹7.61 vs ₹1
Dividend Yield
ICEMAKE has a higher dividend yield
0.33% vs 0%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
BALCO has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
BALCO has stronger quarterly sales growth
108.84% vs 1.59%
Qtr Profit Growth
BALCO has stronger quarterly profit growth
4.5% vs -17.61%
ROE
ICEMAKE has a higher ROE
8.01% vs 4.2%

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

Profile

MetricBALCOICEMAKE
SectorCapital Goods
IndustryIndustrial Products

Price

MetricBALCOICEMAKE
Live Price₹693.7
Day Change1.18%
Volume11,131
52-Week High₹920
52-Week Low₹660.3
Distance from 52W High-24.6%

Valuation

MetricBALCOICEMAKE
Market Cap₹9 Cr₹1,259 Cr
P/E Ratio95.91x
P/B Ratio8.63x
EPS₹1₹7.61
Book Value₹23.84₹84.3
Dividend Yield0%0.33%

Growth

MetricBALCOICEMAKE
Revenue Growth (TTM YoY)0%41.9%
EPS Growth (TTM YoY)0%-13.6%
Qtr Sales Growth108.84%1.59%
Qtr Profit Growth4.5%-17.61%

Profitability & Leverage

MetricBALCOICEMAKE
ROE4.2%8.01%
ROCE5.53%7.06%
Net Margin0%1.82%
Operating Margin3.61%4.06%
Debt to Equity1.09x1.1x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBALCOICEMAKE
Promoter Holding63.35%64.52% 9.68 pp
FII Holding0%0.01% 0.3 pp
DII Holding0%0.88% 0.5 pp
Public Holding36.65%34.6% 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: BALCO 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.