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ICEMAKE vs NITIRAJ: Stock Comparison

ICE MAKE REFRIGERAT vs NITIRAJ ENGINEERSUpdated 19 Oct 26, 4:08 PM ISTNSE & company filings

ICE MAKE REFRIGERAT is the larger company by market capitalisation. ICE MAKE REFRIGERAT shows a higher ROE, faster revenue growth and a higher ROCE, while NITIRAJ ENGINEERS shows a lower P/E, lower leverage and a higher net margin. 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; NITIRAJ leads 6 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.

ICEMAKENITIRAJ

Valuation lens

What price are you paying?

Market CapContext only
₹1,163 Cr
₹205 Cr
P/E RatioNITIRAJ has the lower reading
84.57x
0x ✓
P/B RatioNITIRAJ has the lower reading
7.61x
0x ✓
EPSNITIRAJ has the higher reading
₹-1.04
₹0 ✓
Book ValueContext only
₹84.04
₹80.32
Dividend YieldSame reading
0%
0%

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

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,163 Cr vs ₹205 Cr
P/E Ratio
NITIRAJ has a lower P/E
0x vs 84.57x
P/B Ratio
NITIRAJ has a lower P/B
0x vs 7.61x
EPS
NITIRAJ has higher earnings per share
₹0 vs ₹-1.04
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs -63.8%
EPS Growth (TTM YoY)
NITIRAJ has faster EPS growth
0% vs -13.6%
ROE
ICEMAKE has a higher ROE
8.01% vs 1.29%
ROCE
ICEMAKE has a higher ROCE
7.12% vs 1.4%

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

Profile

MetricICEMAKENITIRAJ
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsOther Electrical Equipment

Price

MetricICEMAKENITIRAJ
Live Price₹643.7₹201.27
Day Change-3.19%-1.1%
Volume8,779364
52-Week High₹920₹241
52-Week Low₹602₹168
Distance from 52W High-30.03%-16.49%

Valuation

MetricICEMAKENITIRAJ
Market Cap₹1,163 Cr₹205 Cr
P/E Ratio84.57x0x
P/B Ratio7.61x0x
EPS₹-1.04₹0
Book Value₹84.04₹80.32
Dividend Yield0%0%

Growth

MetricICEMAKENITIRAJ
Revenue Growth (TTM YoY)41.9%-63.8%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricICEMAKENITIRAJ
ROE8.01%1.29%
ROCE7.12%1.4%
Net Margin1.82%2.27%
Operating Margin4.06%3.18%
Debt to Equity1.1x0x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricICEMAKENITIRAJ
Promoter Holding64.52%▼ 9.68 pp69.07%
FII Holding0.03%▼ 0.28 pp0%
DII Holding0.25%▼ 1.13 pp0%
Public Holding35.2%▲ 11.09 pp30.93%

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 NITIRAJ ENGINEERS.

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.