ICEMAKE vs SERVOTECH: Stock Comparison

Ice Make Refrigeration Limited vs Servotech Renewable Power System LimitedUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Servotech Renewable Power System Limited is the larger company by market capitalisation. Ice Make Refrigeration Limited shows a higher dividend yield, while Servotech Renewable Power System Limited shows a lower P/E, a higher ROE and faster revenue growth. 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 2; SERVOTECH leads 11 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.

ICEMAKESERVOTECH

Valuation lens

What price are you paying?

Market CapContext only
₹1,144 Cr
₹1,859 Cr
P/E RatioSERVOTECH has the lower reading
94.99x
49.52x
P/B RatioSERVOTECH has the lower reading
8.54x
6.45x
EPSICEMAKE has the higher reading
₹7.71
₹1.5
Book ValueContext only
₹84.3
₹12.66
Dividend YieldICEMAKE has the higher reading
0.27%
0.05%

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

Key Differences

Market Cap
SERVOTECH is the larger company
₹1,859 Cr vs ₹1,144 Cr
P/E Ratio
SERVOTECH has a lower P/E
49.52x vs 94.99x
P/B Ratio
SERVOTECH has a lower P/B
6.45x vs 8.54x
EPS
ICEMAKE has higher earnings per share
₹7.71 vs ₹1.5
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0.05%
Revenue Growth (TTM YoY)
SERVOTECH has faster revenue growth
48.6% vs 41.9%
EPS Growth (TTM YoY)
SERVOTECH has faster EPS growth
35% vs -13.6%
Qtr Sales Growth
SERVOTECH has stronger quarterly sales growth
48.6% vs 41.9%

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

Profile

MetricICEMAKESERVOTECH
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsOther Electrical Equipment

Price

MetricICEMAKESERVOTECH
Live Price₹721.7₹82.45
Day Change-0.6%-0.13%
Volume28,7792.13 L
52-Week High₹920₹143
52-Week Low₹660.3₹57.51
Distance from 52W High-21.55%-42.34%

Valuation

MetricICEMAKESERVOTECH
Market Cap₹1,144 Cr₹1,859 Cr
P/E Ratio94.99x49.52x
P/B Ratio8.54x6.45x
EPS₹7.71₹1.5
Book Value₹84.3₹12.66
Dividend Yield0.27%0.05%

Growth

MetricICEMAKESERVOTECH
Revenue Growth (TTM YoY)41.9%48.6%
EPS Growth (TTM YoY)-13.6%35%
Qtr Sales Growth41.9%48.6%
Qtr Profit Growth-13.7%57.6%

Profitability & Leverage

MetricICEMAKESERVOTECH
ROE9.49%12.8%
ROCE11.6%12.8%
Net Margin1.82%4.99%
Operating Margin6.78%10%
Debt to Equity1.19x0.73x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricICEMAKESERVOTECH
Promoter Holding74.2%58.61%
FII Holding0.31% 0.09 pp0.05% 0.09 pp
DII Holding1.38% 0.26 pp0%
Public Holding24.11% 0.17 pp41.34% 0.09 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 Servotech Renewable Power System 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.