ICEMAKE vs SIKA: Stock Comparison

Ice Make Refrigeration Limited vs Sika Interplant Systems LtdUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Sika Interplant Systems Ltd is the larger company by market capitalisation. Ice Make Refrigeration Limited shows a higher dividend yield and faster revenue growth, while Sika Interplant Systems 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.

Metric snapshot

ICEMAKE leads 4; SIKA leads 9 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.

ICEMAKESIKA

Valuation lens

What price are you paying?

Market CapContext only
₹1,144 Cr
₹2,126 Cr
P/E RatioSIKA has the lower reading
94.99x
61.17x
P/B RatioICEMAKE has the lower reading
8.54x
13.63x
EPSSIKA has the higher reading
₹7.71
₹17.2
Book ValueContext only
₹84.3
₹73.4
Dividend YieldICEMAKE has the higher reading
0.27%
0.2%

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

Key Differences

Market Cap
SIKA is the larger company
₹2,126 Cr vs ₹1,144 Cr
P/E Ratio
SIKA has a lower P/E
61.17x vs 94.99x
P/B Ratio
ICEMAKE has a lower P/B
8.54x vs 13.63x
EPS
SIKA has higher earnings per share
₹17.2 vs ₹7.71
Dividend Yield
ICEMAKE has a higher dividend yield
0.27% vs 0.2%
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
SIKA has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
41.9% vs -10.2%

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

Profile

MetricICEMAKESIKA
SectorCapital Goods
IndustryIndustrial Products

Price

MetricICEMAKESIKA
Live Price₹721.7₹1,002.7
Day Change-0.6%0.29%
Volume28,77922,844
52-Week High₹920₹1,359.4
52-Week Low₹660.3₹870.1
Distance from 52W High-21.55%-26.24%

Valuation

MetricICEMAKESIKA
Market Cap₹1,144 Cr₹2,126 Cr
P/E Ratio94.99x61.17x
P/B Ratio8.54x13.63x
EPS₹7.71₹17.2
Book Value₹84.3₹73.4
Dividend Yield0.27%0.2%

Growth

MetricICEMAKESIKA
Revenue Growth (TTM YoY)41.9%0%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth41.9%-10.2%
Qtr Profit Growth-13.7%-1.01%

Profitability & Leverage

MetricICEMAKESIKA
ROE9.49%26.1%
ROCE11.6%35.2%
Net Margin1.82%17.25%
Operating Margin6.78%21.4%
Debt to Equity1.19x0x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricICEMAKESIKA
Promoter Holding74.2%71.72%
FII Holding0.31% 0.09 pp3.25% 0.04 pp
DII Holding1.38% 0.26 pp0.04%
Public Holding24.11% 0.17 pp24.99% 0.03 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 Sika Interplant Systems 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.