ICEMAKE vs RHETAN: Stock Comparison
RHETAN TMT is the larger company by market capitalisation. ICE MAKE REFRIGERAT shows a lower P/E, faster revenue growth and a higher ROCE, while RHETAN TMT shows a higher ROE, 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; RHETAN leads 6 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | ICEMAKE | RHETAN |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Industrial Products | Iron & Steel Products |
Price
| Metric | ICEMAKE | RHETAN |
|---|---|---|
| Live Price | ₹643.7 | ₹15.75 |
| Day Change | -3.19% | -4.95% |
| Volume | 8,779 | 37.26 L |
| 52-Week High | ₹920 | ₹34.87 |
| 52-Week Low | ₹602 | ₹14.42 |
| Distance from 52W High | -30.03% | -54.83% |
Valuation
| Metric | ICEMAKE | RHETAN |
|---|---|---|
| Market Cap | ₹1,163 Cr | ₹1,253 Cr |
| P/E Ratio | 84.57x | 98.31x |
| P/B Ratio | 7.61x | 11.57x |
| EPS | ₹-1.04 | ₹0.04 |
| Book Value | ₹84.04 | ₹1.36 |
| Dividend Yield | 0% | 0% |
Growth
| Metric | ICEMAKE | RHETAN |
|---|---|---|
| Revenue Growth (TTM YoY) | 41.9% | 30.8% |
| EPS Growth (TTM YoY) | -13.6% | 0% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | ICEMAKE | RHETAN |
|---|---|---|
| ROE | 8.01% | 9.48% |
| ROCE | 7.12% | 5.02% |
| Net Margin | 1.82% | 42.13% |
| Operating Margin | 4.06% | 59.67% |
| Debt to Equity | 1.1x | 0.38x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | ICEMAKE | RHETAN |
|---|---|---|
| Promoter Holding | 64.52%▼ 9.68 pp | 62.12% |
| FII Holding | 0.03%▼ 0.28 pp | 0.35%▲ 0.01 pp |
| DII Holding | 0.25%▼ 1.13 pp | — |
| Public Holding | 35.2%▲ 11.09 pp | 37.53%▼ 0.02 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 RHETAN TMT.
Related Comparisons
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.

