ICEMAKE vs RMC: Stock Comparison

Ice Make Refrigeration Limited vs RMC Switchgears Ltd

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

Ice Make Refrigeration Limited is the larger company by market capitalisation. Ice Make Refrigeration Limited shows a higher dividend yield, faster revenue growth and a higher net margin, while RMC Switchgears 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 RMC Switchgears 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 4 of 13 scored metrics and RMC on 9These counts are context-free and are not an overall rating.

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,376 Cr vs ₹282 Cr
P/E Ratio
RMC has a lower P/E
12.74x vs 111.82x
P/B Ratio
RMC has a lower P/B
2.18x vs 10.26x
EPS
RMC has higher earnings per share
₹21.3 vs ₹7.72
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
RMC has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
41.9% vs -13.7%

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

Profile

MetricICEMAKERMC
SectorCapital Goods
IndustryIndustrial Products

Price

MetricICEMAKERMC
Live Price₹865.7₹268.05
Day Change1.38%0.02%
Volume1.04 L18,124
52-Week High₹920₹372
52-Week Low₹660.3₹260
Distance from 52W High-5.9%-27.94%

Valuation

MetricICEMAKERMC
Market Cap₹1,376 Cr₹282 Cr
P/E Ratio111.82x12.74x
P/B Ratio10.26x2.18x
EPS₹7.72₹21.3
Book Value₹84.3₹123
Dividend Yield0.27%0%

Growth

MetricICEMAKERMC
Revenue Growth (TTM YoY)41.9%0%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth41.9%-13.7%
Qtr Profit Growth-13.7%-5.89%

Profitability & Leverage

MetricICEMAKERMC
ROE9.49%19%
ROCE11.6%22%
Net Margin1.82%0%
Operating Margin6.78%11.7%
Debt to Equity1.19x0.81x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricICEMAKERMC
Promoter Holding74.2%51.97%
FII Holding0.31% 0.09 pp2.7% 0.01 pp
DII Holding1.38% 0.26 pp0.48% 0.09 pp
Public Holding24.11% 0.17 pp44.85% 0.1 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 RMC Switchgears 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.