ICEMAKE vs SOLEX: Stock Comparison

ICE MAKE REFRIGERAT vs SOLEX ENERGYUpdated 11 Sept 26, 4:08 PM ISTNSE & company filings

ICE MAKE REFRIGERAT is the larger company by market capitalisation. SOLEX ENERGY 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 1; SOLEX 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.

ICEMAKESOLEX

Valuation lens

What price are you paying?

Market CapContext only
₹1,325 Cr
₹761 Cr
P/E RatioSOLEX has the lower reading
95.91x
9.57x
P/B RatioSOLEX has the lower reading
8.63x
3.04x
EPSSOLEX has the higher reading
₹-0.89
₹6.62
Book ValueContext only
₹84.04
₹237.06
Dividend YieldSame reading
0%
0%

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

Key Differences

Market Cap
ICEMAKE is the larger company
₹1,325 Cr vs ₹761 Cr
P/E Ratio
SOLEX has a lower P/E
9.57x vs 95.91x
P/B Ratio
SOLEX has a lower P/B
3.04x vs 8.63x
EPS
SOLEX has higher earnings per share
₹6.62 vs ₹-0.89
Revenue Growth (TTM YoY)
SOLEX has faster revenue growth
248.1% vs 41.9%
EPS Growth (TTM YoY)
SOLEX has faster EPS growth
304.6% vs -13.6%
Qtr Sales Growth
SOLEX has stronger quarterly sales growth
-0.54% vs -1.57%
Qtr Profit Growth
ICEMAKE has stronger quarterly profit growth
14.97% vs -13.44%

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

Profile

MetricICEMAKESOLEX
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsHeavy Electrical Equipment

Price

MetricICEMAKESOLEX
Live Price₹730.1₹698.6
Day Change0.3%-0.94%
Volume11,85228,447
52-Week High₹920₹1,985
52-Week Low₹660.3₹651.2
Distance from 52W High-20.64%-64.81%

Valuation

MetricICEMAKESOLEX
Market Cap₹1,325 Cr₹761 Cr
P/E Ratio95.91x9.57x
P/B Ratio8.63x3.04x
EPS₹-0.89₹6.62
Book Value₹84.04₹237.06
Dividend Yield0%0%

Growth

MetricICEMAKESOLEX
Revenue Growth (TTM YoY)41.9%248.1%
EPS Growth (TTM YoY)-13.6%304.6%
Qtr Sales Growth-1.57%-0.54%
Qtr Profit Growth14.97%-13.44%

Profitability & Leverage

MetricICEMAKESOLEX
ROE9.15%38.37%
ROCE7.68%27.03%
Net Margin1.82%5.34%
Operating Margin4.34%10.01%
Debt to Equity1.14x1.05x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricICEMAKESOLEX
Promoter Holding64.52% 9.68 pp66.15%
FII Holding0.01% 0.3 pp0.07% 0.06 pp
DII Holding0.88% 0.5 pp0.51% 0.3 pp
Public Holding34.6% 10.49 pp33.26% 0.35 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 SOLEX ENERGY.

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.