ICEMAKE vs MARSONS: Stock Comparison

Ice Make Refrigeration Limited vs Marsons Ltd

Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings

Marsons Ltd is the larger company by market capitalisation. Ice Make Refrigeration Limited shows a higher dividend yield and faster revenue growth, while Marsons Ltd shows a lower P/E, a higher ROE and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Side-by-side comparison of Ice Make Refrigeration Limited and Marsons Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, ICEMAKE is more favourable on 3 of 13 scored metrics and MARSONS on 10These counts are context-free and are not an overall rating.

Key Differences

Market Cap
MARSONS is the larger company
₹1,909 Cr vs ₹1,376 Cr
P/E Ratio
MARSONS has a lower P/E
40.87x vs 111.82x
P/B Ratio
MARSONS has a lower P/B
8.7x vs 10.26x
EPS
ICEMAKE has higher earnings per share
₹7.72 vs ₹2.69
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0.04%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
MARSONS has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
MARSONS has stronger quarterly sales growth
66% vs 41.9%

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

Profile

MetricICEMAKEMARSONS
SectorCapital Goods
IndustryIndustrial Products

Price

MetricICEMAKEMARSONS
Live Price₹865.7₹109.92
Day Change1.38%-2.96%
Volume1.04 L22.45 L
52-Week High₹920₹175.4
52-Week Low₹660.3₹104.16
Distance from 52W High-5.9%-37.33%

Valuation

MetricICEMAKEMARSONS
Market Cap₹1,376 Cr₹1,909 Cr
P/E Ratio111.82x40.87x
P/B Ratio10.26x8.7x
EPS₹7.72₹2.69
Book Value₹84.3₹12.6
Dividend Yield0.27%0.04%

Growth

MetricICEMAKEMARSONS
Revenue Growth (TTM YoY)41.9%0%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth41.9%66%
Qtr Profit Growth-13.7%150%

Profitability & Leverage

MetricICEMAKEMARSONS
ROE9.49%27.2%
ROCE11.6%25.4%
Net Margin1.82%18.88%
Operating Margin6.78%17.2%
Debt to Equity1.19x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricICEMAKEMARSONS
Promoter Holding74.2%53.65%
FII Holding0.31% 0.09 pp0.13% 0.01 pp
DII Holding1.38% 0.26 pp0.17% 0.02 pp
Public Holding24.11% 0.17 pp46.05% 0.03 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 Refrigeration Limited and Marsons Ltd.

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.