ICEMAKE vs MARSONS: Stock Comparison

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

MARSONS is the larger company by market capitalisation. ICE MAKE REFRIGERAT shows faster revenue growth, while MARSONS shows a lower P/E, a higher ROE and a higher dividend yield. 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 3; MARSONS leads 10 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.

ICEMAKEMARSONS

Valuation lens

What price are you paying?

Market CapContext only
₹1,325 Cr
₹2,189 Cr
P/E RatioMARSONS has the lower reading
95.91x
49.49x
P/B RatioICEMAKE has the lower reading
8.63x
10.06x
EPSMARSONS has the higher reading
₹-0.89
₹0.34
Book ValueContext only
₹84.04
₹12.64
Dividend YieldMARSONS has the higher reading
0%
0.04%

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

Key Differences

Market Cap
MARSONS is the larger company
₹2,189 Cr vs ₹1,325 Cr
P/E Ratio
MARSONS has a lower P/E
49.49x vs 95.91x
P/B Ratio
ICEMAKE has a lower P/B
8.63x vs 10.06x
EPS
MARSONS has higher earnings per share
₹0.34 vs ₹-0.89
Dividend Yield
MARSONS has a higher dividend yield
0.04% vs 0%
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
0% vs -1.57%

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

Profile

MetricICEMAKEMARSONS
SectorCapital Goods
IndustryIndustrial Products

Price

MetricICEMAKEMARSONS
Live Price₹730.1₹127.24
Day Change0.3%1.48%
Volume11,85212.65 L
52-Week High₹920₹175.4
52-Week Low₹660.3₹100.25
Distance from 52W High-20.64%-27.46%

Valuation

MetricICEMAKEMARSONS
Market Cap₹1,325 Cr₹2,189 Cr
P/E Ratio95.91x49.49x
P/B Ratio8.63x10.06x
EPS₹-0.89₹0.34
Book Value₹84.04₹12.64
Dividend Yield0%0.04%

Growth

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

Profitability & Leverage

MetricICEMAKEMARSONS
ROE9.15%21.28%
ROCE7.68%20.68%
Net Margin1.82%18.88%
Operating Margin4.34%17.78%
Debt to Equity1.14x0x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricICEMAKEMARSONS
Promoter Holding64.52% 9.68 pp53.65%
FII Holding0.01% 0.3 pp0.13% 0.01 pp
DII Holding0.88% 0.5 pp0.17% 0.02 pp
Public Holding34.6% 10.49 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 REFRIGERAT and MARSONS.

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.