ICEMAKE vs SIKA: Stock Comparison
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
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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 | SIKA |
|---|---|---|
| Sector | Capital Goods | — |
| Industry | Industrial Products | — |
Price
| Metric | ICEMAKE | SIKA |
|---|---|---|
| Live Price | ₹721.7 | ₹1,002.7 |
| Day Change | -0.6% | 0.29% |
| Volume | 28,779 | 22,844 |
| 52-Week High | ₹920 | ₹1,359.4 |
| 52-Week Low | ₹660.3 | ₹870.1 |
| Distance from 52W High | -21.55% | -26.24% |
Valuation
| Metric | ICEMAKE | SIKA |
|---|---|---|
| Market Cap | ₹1,144 Cr | ₹2,126 Cr |
| P/E Ratio | 94.99x | 61.17x |
| P/B Ratio | 8.54x | 13.63x |
| EPS | ₹7.71 | ₹17.2 |
| Book Value | ₹84.3 | ₹73.4 |
| Dividend Yield | 0.27% | 0.2% |
Growth
| Metric | ICEMAKE | SIKA |
|---|---|---|
| Revenue Growth (TTM YoY) | 41.9% | 0% |
| EPS Growth (TTM YoY) | -13.6% | 0% |
| Qtr Sales Growth | 41.9% | -10.2% |
| Qtr Profit Growth | -13.7% | -1.01% |
Profitability & Leverage
| Metric | ICEMAKE | SIKA |
|---|---|---|
| ROE | 9.49% | 26.1% |
| ROCE | 11.6% | 35.2% |
| Net Margin | 1.82% | 17.25% |
| Operating Margin | 6.78% | 21.4% |
| Debt to Equity | 1.19x | 0x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | ICEMAKE | SIKA |
|---|---|---|
| Promoter Holding | 74.2% | 71.72% |
| FII Holding | 0.31%▲ 0.09 pp | 3.25%▲ 0.04 pp |
| DII Holding | 1.38%▼ 0.26 pp | 0.04% |
| Public Holding | 24.11%▲ 0.17 pp | 24.99%▼ 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.
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.

