ICEMAKE vs SPELS: Stock Comparison

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

ICE MAKE REFRIGERAT shows faster revenue growth and a higher net margin. 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; SPELS leads 2 of 7

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.

ICEMAKESPELS

Valuation lens

What price are you paying?

Market CapContext only
₹1,325 Cr
₹0 Cr
P/E RatioSame reading
95.91x
P/B RatioSame reading
8.63x
EPSSPELS has the higher reading
₹-0.89
₹-0.29
Book ValueContext only
₹84.04
₹0.66
Dividend YieldSame reading
0%
0%

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

Key Differences

EPS
SPELS has higher earnings per share
₹-0.29 vs ₹-0.89
Revenue Growth (TTM YoY)
ICEMAKE has faster revenue growth
41.9% vs 0%
EPS Growth (TTM YoY)
SPELS has faster EPS growth
0% vs -13.6%
Qtr Sales Growth
ICEMAKE has stronger quarterly sales growth
-1.57% vs -96.34%
Qtr Profit Growth
ICEMAKE has stronger quarterly profit growth
14.97% vs -274.04%
Net Margin
ICEMAKE has a higher net margin
1.82% vs 0%

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

Profile

MetricICEMAKESPELS
SectorCapital Goods
IndustryIndustrial Products

Price

MetricICEMAKESPELS
Live Price₹730.1₹145.65
Day Change0.3%-0.65%
Volume11,85222,324
52-Week High₹920₹157
52-Week Low₹660.3₹140.1
Distance from 52W High-20.64%-7.23%

Valuation

MetricICEMAKESPELS
Market Cap₹1,325 Cr₹0 Cr
P/E Ratio95.91x
P/B Ratio8.63x
EPS₹-0.89₹-0.29
Book Value₹84.04₹0.66
Dividend Yield0%0%

Growth

MetricICEMAKESPELS
Revenue Growth (TTM YoY)41.9%0%
EPS Growth (TTM YoY)-13.6%0%
Qtr Sales Growth-1.57%-96.34%
Qtr Profit Growth14.97%-274.04%

Profitability & Leverage

MetricICEMAKESPELS
ROE9.15%
ROCE7.68%
Net Margin1.82%0%
Operating Margin4.34%
Debt to Equity1.14x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricICEMAKESPELS
Promoter Holding64.52% 9.68 pp3.2%
FII Holding0.01% 0.3 pp0.02%
DII Holding0.88% 0.5 pp0.02%
Public Holding34.6% 10.49 pp40.79%

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 SPELS.

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.