HALDYNGL vs ICEMAKE: Stock Comparison

Haldyn Glass Ltd vs Ice Make Refrigeration LimitedUpdated 23 Jun 26, 4:08 PM ISTNSE & company filings

Ice Make Refrigeration Limited is the larger company by market capitalisation. Haldyn Glass Ltd shows a lower P/E, a higher ROE and a higher dividend yield, while Ice Make Refrigeration Limited shows faster revenue growth and a higher ROCE. 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

HALDYNGL leads 9; ICEMAKE leads 4 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.

HALDYNGLICEMAKE

Valuation lens

What price are you paying?

Market CapContext only
₹720 Cr
₹1,144 Cr
P/E RatioHALDYNGL has the lower reading
23.02x
94.99x
P/B RatioHALDYNGL has the lower reading
2.91x
8.54x
EPSICEMAKE has the higher reading
₹4.09
₹7.71
Book ValueContext only
₹41.2
₹84.3
Dividend YieldHALDYNGL has the higher reading
0.58%
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 ₹720 Cr
P/E Ratio
HALDYNGL has a lower P/E
23.02x vs 94.99x
P/B Ratio
HALDYNGL has a lower P/B
2.91x vs 8.54x
EPS
ICEMAKE has higher earnings per share
₹7.71 vs ₹4.09
Dividend Yield
HALDYNGL has a higher dividend yield
0.58% vs 0.27%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
HALDYNGL has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
41.9% vs 18.5%

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

Profile

MetricHALDYNGLICEMAKE
SectorCapital Goods
IndustryIndustrial Products

Price

MetricHALDYNGLICEMAKE
Live Price₹124.46₹721.7
Day Change-2.44%-0.6%
Volume64,12328,779
52-Week High₹133.7₹920
52-Week Low₹85₹660.3
Distance from 52W High-6.91%-21.55%

Valuation

MetricHALDYNGLICEMAKE
Market Cap₹720 Cr₹1,144 Cr
P/E Ratio23.02x94.99x
P/B Ratio2.91x8.54x
EPS₹4.09₹7.71
Book Value₹41.2₹84.3
Dividend Yield0.58%0.27%

Growth

MetricHALDYNGLICEMAKE
Revenue Growth (TTM YoY)0%41.9%
EPS Growth (TTM YoY)0%-13.6%
Qtr Sales Growth18.5%41.9%
Qtr Profit Growth67.3%-13.7%

Profitability & Leverage

MetricHALDYNGLICEMAKE
ROE10.58%9.49%
ROCE11.5%11.6%
Net Margin5.34%1.82%
Operating Margin8.46%6.78%
Debt to Equity0.48x1.19x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHALDYNGLICEMAKE
Promoter Holding59.14% 0.13 pp74.2%
FII Holding0%0.31% 0.09 pp
DII Holding2.03% 0.23 pp1.38% 0.26 pp
Public Holding38.83% 0.36 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: Haldyn Glass 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.