ICEMAKE vs IWEL: Stock Comparison

ICE MAKE REFRIGERAT vs IWELUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

ICE MAKE REFRIGERAT shows a higher ROE and faster revenue growth, while IWEL shows a lower P/E, lower leverage 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

ICEMAKE leads 4; IWEL leads 8 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.

ICEMAKEIWEL

Valuation lens

What price are you paying?

Market CapContext only
₹1,325 Cr
₹0 Cr
P/E RatioIWEL has the lower reading
95.91x
88.93x
P/B RatioIWEL has the lower reading
8.63x
4.08x
EPSIWEL has the higher reading
₹-0.89
₹0.82
Book ValueContext only
₹84.04
₹4,653.2
Dividend YieldSame reading
0%
0%

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

Key Differences

P/E Ratio
IWEL has a lower P/E
88.93x vs 95.91x
P/B Ratio
IWEL has a lower P/B
4.08x vs 8.63x
EPS
IWEL has higher earnings per share
₹0.82 vs ₹-0.89
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
IWEL has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
-1.57% vs -99.78%
Qtr Profit Growth
ICEMAKE has stronger quarterly profit growth
14.97% vs -99.48%
ROE
ICEMAKE has a higher ROE
9.15% vs 7.82%

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

Profile

MetricICEMAKEIWEL
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsHeavy Electrical Equipment

Price

MetricICEMAKEIWEL
Live Price₹730.1₹10,293
Day Change0.3%-2.18%
Volume11,85232,562
52-Week High₹920₹10,599
52-Week Low₹660.3₹10,210
Distance from 52W High-20.64%-2.89%

Valuation

MetricICEMAKEIWEL
Market Cap₹1,325 Cr₹0 Cr
P/E Ratio95.91x88.93x
P/B Ratio8.63x4.08x
EPS₹-0.89₹0.82
Book Value₹84.04₹4,653.2
Dividend Yield0%0%

Growth

MetricICEMAKEIWEL
Revenue Growth (TTM YoY)41.9%0%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth-1.57%-99.78%
Qtr Profit Growth14.97%-99.48%

Profitability & Leverage

MetricICEMAKEIWEL
ROE9.15%7.82%
ROCE7.68%9.38%
Net Margin1.82%11.95%
Operating Margin4.34%20.27%
Debt to Equity1.14x0.26x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricICEMAKEIWEL
Promoter Holding64.52% 9.68 pp69.51%
FII Holding0.01% 0.3 pp3.7% 0.19 pp
DII Holding0.88% 0.5 pp2.52% 0.66 pp
Public Holding34.6% 10.49 pp24.28% 0.46 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: ICE MAKE REFRIGERAT and IWEL.

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.