ICEMAKE vs NIBE: Stock Comparison

Ice Make Refrigeration Limited vs NIBE LimitedUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

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

Metric snapshot

ICEMAKE leads 5; NIBE 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.

ICEMAKENIBE

Valuation lens

What price are you paying?

Market CapContext only
₹1,144 Cr
₹2,281 Cr
P/E RatioNIBE has the lower reading
94.99x
-281.9x
P/B RatioNIBE has the lower reading
8.54x
6.35x
EPSICEMAKE has the higher reading
₹7.71
₹3.41
Book ValueContext only
₹84.3
₹239.66
Dividend YieldICEMAKE has the higher reading
0.27%
0.08%

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

Key Differences

Market Cap
NIBE is the larger company
₹2,281 Cr vs ₹1,144 Cr
P/E Ratio
NIBE has a lower P/E
-281.9x vs 94.99x
P/B Ratio
NIBE has a lower P/B
6.35x vs 8.54x
EPS
ICEMAKE has higher earnings per share
₹7.71 vs ₹3.41
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0.08%
Revenue Growth (TTM YoY)
NIBE has faster revenue growth
130.5% vs 41.9%
EPS Growth (TTM YoY)
NIBE has faster EPS growth
194% vs -13.6%
Qtr Sales Growth
NIBE has stronger quarterly sales growth
130% vs 41.9%

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

Profile

MetricICEMAKENIBE
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsAerospace & Defense

Price

MetricICEMAKENIBE
Live Price₹721.7₹1,490.8
Day Change-0.6%-0.85%
Volume28,77992,609
52-Week High₹920₹1,848
52-Week Low₹660.3₹809.6
Distance from 52W High-21.55%-19.33%

Valuation

MetricICEMAKENIBE
Market Cap₹1,144 Cr₹2,281 Cr
P/E Ratio94.99x-281.9x
P/B Ratio8.54x6.35x
EPS₹7.71₹3.41
Book Value₹84.3₹239.66
Dividend Yield0.27%0.08%

Growth

MetricICEMAKENIBE
Revenue Growth (TTM YoY)41.9%130.5%
EPS Growth (TTM YoY)-13.6%194%
Qtr Sales Growth41.9%130%
Qtr Profit Growth-13.7%283%

Profitability & Leverage

MetricICEMAKENIBE
ROE9.49%1.94%
ROCE11.6%4.79%
Net Margin1.82%1.19%
Operating Margin6.78%9.43%
Debt to Equity1.19x0.34x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricICEMAKENIBE
Promoter Holding74.2%51.46% 0.81 pp
FII Holding0.31% 0.09 pp11.47% 0.88 pp
DII Holding1.38% 0.26 pp0.58% 0.03 pp
Public Holding24.11% 0.17 pp36.49% 0.11 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 NIBE 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.